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Colorado HUD Homes for sale

Colorado HUD Homes for sale

HUD Homes in Colorado is offering very good incentives right now to buy a Colorado Home, whether you are a Colorado home Buyer and if you bid for the full amount of the listing price or more and if you do a loan through a FHA lender, you'll only pay a down payment of $100.00, Yes! Only $100.00, also you can ask for a total of 3% for seller concessions. HUD homes in Colorado these days have a high demand for its great incentives that offer to Colorado home buyers.

There is many inventory to choose and great prices to get. A difference from Lender Owned homes in Colorado is that do not accept to deal with FHA Loans, the reason is because FHA have very strict regulations and check more in deep the condition of a Colorado home for sale. The condition of a Colorado home for sale needs to be habitable for good, these regulations are great and they protect the Colorado Home buyer and they protect the FHA lender.

Colorado HUD Homes come on and go off the market very quickly, if you are considering purchasing Colorado HUD Homes and want to know more about homeownership assistance: Colorado

Click here to get a HUD home buyer guide by HUD Homes

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Posted by Aurora Colorado Real Estate Ray Saenz, Colorado Realtor on 08/19/2008 03:54 AM

Comments (22)

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Originally posted at: Colorado Homes for Sale-Colorado Metro Denver Area Specialists: Colorado HUD Homes for sale

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22 Comments on Colorado HUD Homes for sale

AUG

2008

Ray - Any program that will help to move the inventory and help buyers realize their dream is welcomed.

Hey Ray,

I'm not sure we have something similar here. I think our buyers don't care whether its a HUD home or not...they are looking to make a good deal and they are still under bidding anything on the market.

Hi Ray! This sounds like a good program to get some of the HUD inventory off the books! What a great path to the American dream of homeownership!

Hi Ray, Long time no chat! I hope you are doing well! We don't really have HUD homes in my market, but my friend, Frances Flynn Thorsen, has done a lot of work with those when she was in PA. Good luck with this program; we'll be looking for an update down the road :)

Hi Ray - So nice to see you again. What a great program! I will have to search our state to see if we are offering anything like this.

Ray, good to see you my friend :)

Yes FHA appraisals are a little tougher then conventional appraisals, but like you said it is a good thing.

AUG

2008

Hi Ray,

I guess that HUD is finally stepping up to the plate to move inventory. Glad to see that there's some progress on that side of things.

By the way, if you're looking for some other place to post your listings try this Web site, Viscape.com, a social marketplace site for buying, selling, and renting vacation properties: http://viscape.com/properties/wizard/start. They'll allowing realtors to post their properties for FREE! It's amazing. You should check it out.

Thanks again for the great blog.

Misty

Hi Ray, it is hard for a buyer not to look at these programs offered by HUD. The other side of the coin is the homes are already bargain priced and they throw in this type of financing and it is like hitting the equity lotto! Nice post Ray.

AUG

2008

Jennifer,
Indeed !, everything that help buyers is great ! specially on a market where there are many loan regulations, I do not blame the lenders. Nice to see you and soon I will be in yours.
Ray Saenz

Neal,
seems strange to me, but I am learning from other states and I realized that this is not general, there are some states that work with many colorado hud homes. :). Nice too see you and thanks for checking around.
Ray Saenz

Teri,
Yes, hope that many colorado home buyers can take advantage of it, for some time I thought that FHA loans will die with the programs that conventional lenders had, but now I am seeing that FHA is reviving and is coming very strong.
Ray Saenz

Mary Mary !
:) nice to see you , I will try to keep alive, but sometimes it is very difficult for me to stay around, I mean here. How are you doing with the Ghost Towns? :) I love that topic, don't ask me why, but I Love it ! as soon as I have I will give you a visit, I know that is not good abstent for long time, but what I can do?
Keep that great work !
ray Saenz

Sandra :)
thanks and great to see you, hope that everything is ok, I will contact you shortly. :P
Ray Saenz

George,
I miss the good people here, I can imagine that I have missed many great blogs from you, but it is too much. FHA has many advantages and Conventional has some others too, we need to find always the good side of the coin as Gary wrote LOL :)

I hope that you are doing well, Colorado hud homes are great !
Ray Saenz

Misty,
You are welcome to AR, nice to see you and hope to see you often, keep the good work and thanks for the update about the web site :)
Ray Saenz

Gary,
Well done said !, your wisdom always give us good thoughts :) keep that great work and hope to see you often, sorry if I missed you ! Colorado hud homes are great.

hope to see you often.
Ray Saenz

Hi Ray -- what a great opportunity for buyers in Colorado. I hope they see your blog and take advantage of these HUD homes. I am finding that the market in my area is stablizing to some extent in the more "affordable" price ranges. How are things in Colorado?

AUG

2008

Joan,
they should take the advantage :P Colorado is ok in some areas, but some other just I see many short sales these days, so still is not so good for sellers, but if is not so good for sellers in some areas, it is good for buyers :) or viceversa.
Ray Saenz.

AUG

2008

I think the $100 incentive is great. And it's good for 203k's too, in case there are appraisal issues, there is potential to convert it to a 203k and still do the $100 down. Great deal for the buyer either way. Do you see many HUD homes being sold for more than the list price?

AUG

2008

I truly hope anyone who is in the market to buy a home in colorado takes advantage of these HUD opportunities

SEP

2008

Stacey,
Yes, I have seen many homes sold above the listing price and one of the reasons that I think is because buyers want to take advantage of the $ 100 and they are competing each other and want to win the bid :)
thanks for the comments and for stopping by.
Ray Saenz

James,
They should take the advantage right now, there are many opportunities specially in this market, thanks for comments and I appreciate your suppport.
Ray saenz

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