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3 Common Foreclosure Myths Debunked

There’s a lot of conflicting information out there when it comes to buying a foreclosure property. Maybe you’ve heard only horror stories about buying a foreclosure, but the truth is that purchasing these types of properties doesn’t have to be a negative experience. Here we’ll debunk some of the common myths you may have heard […]

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What you need to know if you’re Considering an REO Property

If you’re house hunting in Denver, there’s a good chance you’ve run across the term “bank owned” or “REO” (real estate owned) properties. For first time buyers, these types of properties can actually be a great value, especially in areas with limited inventory. The way to ensure your REO buying experience is a good one […]

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Steer Clear of these Mistakes when Buying a Foreclosure

Foreclosure homes aren’t flooding the market nearly as much as they were ten years ago, but they do still occur and they can be a great way for buyers to break into homeownership in competitive areas like Denver. While it’s true that buying a foreclosure is a little different than a regular home purchase, it’s […]

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What First-Time Buyers Should Know About Buying an REO Property

If you’re a homebuyer on a budget, buying a distressed property such as an REO could be a great option for you. Here we’ll provide an overview of what REO properties are and what you need to know before determining if this property is right for you. REO stands for “real estate owned” and these […]

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What you Should and Shouldn’t Do When Buying a Distressed Property

Buying a distressed property is appealing for all kinds of reasons. First, it may be a great bargain. Secondly, it gives people the opportunity to afford homes in areas they may otherwise not be able to. There are advantages and disadvantages to buying a distressed home, but it may not be as challenging or difficult […]

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What are the Advantages of Buying Distressed Properties?

There are several types of distressed properties that potential buyers might include in their housing search options and each has its own distinct benefits. Here we’ll take a look at various types of distressed housing and the advantages that come along with them. Pre-Foreclosure/Notice of Default (NOD) Seller will be motivated for a fast sale, […]

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What you Need to do Before Buying a Short Sale

Buyers pursue short sales for two primary reasons: firstly, they genuinely like the house and secondly, to get a good deal. The biggest drawback to this type of transaction is the time it takes to close – the term “short sale” is a bit misleading in this regard. But if you’ve got a flexible timeline, […]

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The Good and Bad Sides of Buying a Distressed Property

In densely populated areas or markets with a lot of competition, would-be home buyers often add distressed properties to their searches to help expand their housing options. Distressed properties can be a great value and investment, but it’s important to understand what you’re in for if you go this route. Let’s start off by examining […]

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5 Things to Do Before Making an Offer on Distressed Property

In any real estate transaction, buyers must be prepared to do a little due diligence before putting an offer in. This is especially true of distressed properties. If you’re considering a foreclosure, short sale, or bank-owned property make sure to follow the tips below for a more positive experience. 1) Find yourself an agent who’s […]

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6 Things to do if You’re Considering a Distressed Property

  Buying a distressed property (foreclosure, short sale, or bank-owned home) can be a great investment for first-time buyers, but the better you understand the process, the better your experience will be. Below are 6 must-do’s before you make an offer on this type of property. 1) Never buy anything without seeing it first  -It […]

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