Finances and the First Time Home Buyer

If you’re considering purchasing your first home, chances are you may not know exactly what to do and where to start. Don’t worry – you’re not alone. You might think the first step is checking out properties in your desired neighborhood, but that actually doesn’t come until later. Until you know where your finances stand, … Continued

How Long do Short Sales Really Take?

Purchasing a short sale property can be a fantastic way to break into homeownership at a discounted price. It can be especially appealing in hot markets (like Denver), where inventory is low and demand is high. You may have heard that, despite their name, short sales can take an exceedingly long time. While this can … Continued

Should I get Pre-Qualified to Buy a Foreclosure?

While purchasing a foreclosure is a bit different than a traditional property, it’s never a bad idea to be prepared. And when it comes to purchasing any type of home, one of the most important ways to prepare is to get pre-qualified. Regardless of the type of property you’re buying, getting pre-qualified is a great … Continued

Foreclosure Bidding Process Now Online for Denver

If you’re thinking of purchasing a foreclosure property in the Denver area, the process may have just gotten a bit easier. According to the Denver Post, Denver’s Public Trustee office has moved its weekly foreclosure auctions entirely online. The result is not only a cost savings, but the online auctions also make it easier for … Continued

Can FHA Loans be used for Foreclosures?

Regardless of the home you’re purchasing – be it an REO property, a short sale, traditional sale or foreclosure – it’s crucial to get pre-approved for a loan before starting your search. It’s not a requirement, but getting pre-approved will give you an idea of how much house you can afford, which will ensure you … Continued

Advantages of Investing in an REO Property

Real estate owned (REO) properties can be a fantastic investment opportunity for buyers who either want to resell the property for profit or rent it out long term. It’s important to hire an experienced agent who can help you navigate the process, but there are definitely a few advantages to investing in a bank-owned property. … Continued

Advantages of Buying a Short Sale

If you’re considering purchasing a distressed property – either for your own residence or as an investment, there are a variety of options to choose from. Short sales, foreclosure properties and bank-owned (REO) properties all have a unique set of advantages and disadvantages. Here we’ll check out some of the pros of going the short … Continued

Inspecting your REO Property

REO (bank-owned) properties can be a great opportunity for first time buyers and investors as well. You often hear how important the inspection process is for these types of homes because they are typically sold as-is. Depending on the condition of the home, you may have to only make a few cosmetic repairs/replacements. Other REO … Continued

Prepping Your Home for Short Sale

If you’re facing the decision of potentially selling your house as a short sale, you may be feeling overwhelmed with the process. Though resources are likely tight, there are a variety of inexpensive ways to spruce up your property and get it sold. Check out the practical and economical tips below to get started. De-clutter … Continued

Avoid these Mistakes when Buying a Foreclosure

Setting your sights on a foreclosure property can greatly expand your options as you’re house hunting in an area with little inventory or higher prices. While there are good deals to be found, before you start the search for a foreclosure property it’s important to know what you’re in for. Check out costly mistakes to … Continued