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3 Reasons to Consider Buying a Distressed Property

Aside from increasing your housing options, considering distressed properties additional benefits as well. In areas where affordability is low and choices are limited, buyers – first timers or not – may be surprised at the advantages of considering distressed homes. Distressed homes that are for sale not because the owner wants to sell, but because […]

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Why You Should Consider Buying a Bank Owned Home

If you’re considering distressed properties in your home search, chances are you’ve heard of several types including foreclosures, short sales, and bank-owned or real-estate owned (REO) homes. It’s possible to get a great deal on distressed properties, but REO properties, in particular, come with a unique set of benefits. Read on to see if this […]

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Financing Options for HUD Homes

Expanding your home search options to include HUD homes can open a world of possibilities, especially in areas where inventory is low and demand is high. A HUD home is when a government-insured loan from the Federal Housing Administration (FHA) gets foreclosed and the Department of Housing and Urban Development (HUD) pays the defaulted loan […]

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What to Know if You’re Considering Distressed Properties

While the number of distressed properties isn’t nearly as large as it used to be, areas with rising home costs and low inventory have many homebuyers seeking more affordable options for purchasing their dream home. In areas experiencing high growth, a distressed property could be a great alternative. Distressed properties typically fall into three categories: […]

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Keep these Tips in Mind when Considering a HUD Home

The reputation of HUD homes hasn’t been great since the housing bust of 2008. And while this type of housing can be greatly misunderstood, HUD homes and other types of foreclosures can actually be a great deal, especially in areas where inventory is low and prices are high. Many people are wary of purchasing HUD […]

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3 Foreclosure Myths you need to Forget

With so much conflicting information on buying a foreclosure property, it’s no wonder potential buyers are wary of including these homes in their search. Maybe you’ve heard only horror stories of buying a foreclosure, but the truth is that buying these types of properties doesn’t have to be a negative experience. Don’t believe us? Read […]

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Can I get a Good Deal on a HUD Home?

When you think of a HUD home, it may not initially appear as an appealing option. Let’s face it: since the housing bust of 2008, the reputation of HUD homes hasn’t been that great. Contrary to what you might believe, HUD homes and other types of foreclosures can actually be a great deal. Here we’ll […]

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The Ins and Outs of Buying an REO Property

Chances are in your Mile High house hunt, you’ve run across the term “bank owned” or “REO” (real estate owned) properties. These types of properties can actually be a great value for first-time buyers or anyone in an area with limited inventory. The key is truly understanding what an REO property is and how to […]

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Clearing Up Foreclosure Misconceptions

Anyone in the market for a new home is looking for a great deal. Chances are you may have come across some foreclosure listings in your home search, but may think going this route is too risky. Buying a foreclosure may not be the same as buying a traditional home, but it’s not as challenging […]

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What does Pre Foreclosure Mean?

If you’re a house hunter in Denver, chances are you’ve seen the term “pre-foreclosure” on some of the listings that come up in your search. You might be wondering what this type of property actually is. A pre-foreclosure home is a distressed property that the lender has not yet repossessed and sold at auction. Pre-foreclosure […]

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