5 Steps for Buying a Foreclosure

Many people consider distressed housing as part of their home search options, especially in very competitive areas or those with lower housing inventories. If you’re thinking of expanding your search to include foreclosed homes, it’s possible to find a great value. That is if you know what to expect. Check out the five steps below … Continued

Defining Distressed Housing

Denver’s crowded housing market has many potential buyers considering distressed properties to open up their options and further their budget. But what exactly is distressed housing and what type is best for you? Read on for a breakdown of the four primary types of distressed housing you can find on the market. Short Sale: A … Continued

How are Short Sales and REO Properties Different?

If you’re on a house hunt in the Denver metro area, you’ve probably come across a variety of properties including REO homes and short sales. While they’re both non-traditional sales, an REO (Real Estate Owned) property isn’t the same as a short sale. Here we’ll break down the differences in these types of properties so … Continued

Top Questions to Ask Before Buying a Foreclosure

In Denver’s tight real estate market, many buyers are considering distressed properties (foreclosures, short sales, bank owned properties) to help expand their inventory options. If you’re considering purchasing a foreclosure property check out our list of top questions to ask before taking the plunge. There are certainly deals to be found, but these questions will … Continued

What is Rehab Loan?

          If you’ve found the perfect property for your needs, but it’s in need of some repairs, there may be a financial solution perfect for you. An FHA 203(k) rehab loan, also referred to as a renovation loan, allows homebuyers and homeowners to finance both the purchase or refinance along with … Continued

REO Purchasing Checklist

          If you’re in the market for a bank-owned property in the Denver area, you might find a killer deal. However, it’s important to understand the buying process so you know what you’re in for and prepare for success. We’ve put together the following checklist ideal for those searching for the … Continued

Financing a HUD Home Purchase

        Purchasing a HUD home can be both a great value and a wonderful way to break into homeownership – especially if you’re in an area with a low inventory of single-family homes. If you haven’t considered this option, it’s certainly worth a look, as these homes are typically more affordable and there … Continued

Understanding Different Types of Foreclosure Properties

If you’re in the market for a new home, foreclosed properties can be really appealing – especially if you’re in an area where housing inventory is low or largely unaffordable. Keep in mind there are various stages of foreclosure that come with their own set of rules and exceptions. Here we’ll touch on various types … Continued

Tips for Purchasing a HUD Home

Since the housing bust a few years back, HUD homes and other types of foreclosures may have gotten a bad rap. In reality, buying a HUD home can be a positive experience as well as a great deal. If you’re not familiar with the HUD home buying process, don’t worry, you’re definitely not alone. Here … Continued

Why should I consider buying a foreclosure?

Denver’s housing market is hot right now, to say the least. So how does one go about purchasing a home where prices are increasing and inventory isn’t keeping up the pace? Distressed properties, like foreclosures, can be an ideal solution for people who want to break into homeownership, but may not be able to afford … Continued