denver hud homes: Founders Village Castle Rock Homes - HUD Home Available - 08/04/10 05:26 AM
Many of our clients have been entering bids on Denver HUD homes around the metro area. This Founders Village Castle Rock Homes HUD listing just came up and we wanted to let you know right away.
This house is a amazing del at just $175,000. It has 4 bedrooms, 3 baths and over 1,700 square feet. HUD is accepting bids on this home up until midnight on August 8th, so you have a few more days to give us a call to see it. But I advise you to bid before the 8th, because at this price multiple offers would be … (0 comments)

denver hud homes: Denver HUD Homes - Bids Open - 07/30/10 09:08 AM
Denver HUD Homes are getting more difficult to find for $100,000 and under. However, there is a 2 bed, 2 bath HUD condo available in Windsong Denver Condos right now listed t exactly $100,000.
This unit has over 1,000 square feet and bids are opened for all buyers - even investors.
Windsong Condos are located near the South East corner of Leetsdale and Quebec and a unit this size typically sells in the $130,000's.
You can see more information on this home on our website or just give us a call to set up a time for a personal tour: 303-726-1874.
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denver hud homes: Denver HUD Homes - 3 Bed Townhome $120,000 - 07/29/10 04:42 AM
We were just alerted of this amazing deal on a 3 bedroom, 3 bath townhome listed at just $120,000.
Denver HUD Homes are difficult to find under $150,000, and a 3 bedroom home at this price is a fantastic deal. This home is located in Cherry Creek Townhomes, Denver. That's just north of Cherry Creek Lake by I-225. At over 1,500 square feet, it will be difficult to find a larger home at this price.
HUD is accepting bids on this home until August 1st. If you'd like to see it, give our team a call at 303-726-1874.
You can see … (1 comments)

denver hud homes: Fannie Mae Set to Penalize Defaulters - 06/24/10 11:12 AM
It looks like a Short Sale is about to become much, much better than simply walking away from your home. Fannie Mae is ready to start penalizing home owners who use "strategic defaults" (read "walk away") for up to 7 years.
From the Wall Street Journal:
Fannie Set to Penalize Defaulters

Fannie Mae said Wednesday it would "lock out" borrowers from getting a new loan for seven years if they default on a mortgage they could afford to pay.
The move represents the latest effort by the mortgage industry to prevent a new wave of losses that could result … (1 comments)

denver hud homes: Obama's Mortgage Modification Program Failing - 06/21/10 03:08 PM
It may have been well intentioned, but the Making Home Affordable Program is not having the desired consequences.
According to this AP article, more than a third of the borrowers who have enrolled have dropped out of the program already.
What will most likely happen with most of these owners is they will either foreclose or attempt a Short Sale. We've already had many phone calls from people who tried this program and have decided a Short Sale is a better way to go.
You can read The entire article at the Denver Post:
WASHINGTON-The Obama administration's flagship effort to help people in … (2 comments)

denver hud homes: Colorado foreclosure filings at 18-month low - 06/18/10 05:32 AM
Welcome news today!
From the Denver Post:
May foreclosure filings dropped to their lowest level in 18 months in Colorado, a sign that homeowners may be getting more leeway to repay or restructure their loans.
New filings in metropolitan Colorado counties fell to 2,633 in May, a 17.7 percent decline from the same month last year, according to the state Division of Housing.
 
Read the whole thing.
We are definitely seeing the foreclosure inventory dropping recently.
You Can Search All Denver Foreclosured Homes here or all Denver Hud Homes here.
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denver hud homes: Montbello Denver Homes - Short Sale Now Available - 06/10/10 05:21 AM
This Short Sale House is an fantastic deal.
Only 10 years old, this 4 bedroom, 3 bath house is just north of I-70 and west of Pena Blvd. Listed at $129,500, it will be difficult to find a better priced home this size in this location. We have our in house short sale specialist working on this now and expect a lender approval shortly.
At this low listing price, this Montbello Denver Home will not stay on the market for very long.
5284 fairplay stdenver 80239 $129,500.00
You can view all Denver Homes for Sale and Denver HUD homes for sale on our … (0 comments)

denver hud homes: Denver HUD Homes Property Photo Issues - 05/07/10 05:49 AM
Many of you have emailed / called me asking why we don't have photos for many of the Denver HUD homes posted on our website and blog.
While we make sure to have pictures of all of our listings, many of the HUD listings we post and advertise are listed by other agents. Many of these agents don't provide photos and virtual tours of their listings for various reasons.
One of the biggest reasons, is that HUD homes in the Denver and surrounding areas don't stay on the market very long. Most of the HUD homes on our site are in … (0 comments)

denver hud homes: Denver HUD Condos - 888 Logan St - 04/30/10 10:10 AM
We were thrilled to find this Denver HUD condo come up. Denver HUD Homes in this neighborhood don't pop up very often, so when this came across our system, we were excited.
At almost 1,000 square feet with 2 beds and 1 bath, this is a terrific deal priced at $160,000. Denver Condos in this area usually sell for much more.
Bids on this home are due on May 9th, so give us a call today to set up a private showing on this fantastic unit: 303-726-1874.
888 logan denver, CO 80203 Photo Not Provided By HUD$160,000.00 
 
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denver hud homes: Denver HUD Condos - 888 Logan - 04/30/10 08:39 AM
We were thrilled to find this Denver HUD condo come up. Denver HUD Homes in this neighborhood don't pop up very often, so when this came across our system, we were excited.
At almost 1,000 square feet with 2 beds and 1 bath, this is a terrific deal priced at $160,000. Denver Condos in this area usually sell for much more.
Bids on this home are due on May 9th, so give us a call today to set up a private showing on this fantastic unit: 303-726-1874.
888 logan denver, CO 80203 $160,000.00 
 
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denver hud homes: Colorado Foreclosures - How Do We Compare to Other States - 03/21/10 07:18 AM
There's a great graphic on CNNMoney.com showing how Colorado ranks compared with other states in both foreclosures and unemployment. As you'll see from the graphic, Colorado compares favorably with most of the nation in both categories.
If you've been paying attention to the news and reports on the Colorado housing market, Colorado was one of the first states to enter the housing crisis, and we still look to be on of the first states to get out. Helping our recovery effort is the gradually improving Denver economy as well as the slowly improving unemployment rates in the state.
While there are … (1 comments)

denver hud homes: Colorado Foreclosures up 7% in 12 Counties - 03/19/10 08:17 AM
The Denver Post has an article on their website that Colorado Foreclosure Filings are up 7% for February compared to February last year. In addition, Foreclosures in 12 counties are 14% higher than 1 year ago but 14% lower than 2 years ago.
So what does this mean?
As with any market drop, coming back up to "normal" may take a little time. The ride is never smooth and a solid increase in price (like we've had recently) is usually followed by a small fall as the market tries to stabilize.
While the market is not going to dramatically improve over … (0 comments)

denver hud homes: Parker HUD Home - $210,000 - 1,300+ Sq Ft - 03/13/10 01:21 AM
While the market is improving for Denver HUD Homes, there are still some great deals to be found. This is a great deal for a HUD home in Parker. Check it out and click here to do a complete Parker Home Search.

 
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Brian Petrelli, MBA, GRI (The Brian Petrelli Team - Metro Brokers)

Brian Petrelli

MBA, GRI

Highlands Ranch, CO

More about me…

The Brian Petrelli Team - Metro Brokers

Address: 200 W Plaza Dr #130, Highlands Ranch, CO, 80129

Office: 303-726-1874

Mobile: (303) 817-0209

News for Denver Colorado Homes and the surrounding metro areas. We focus on Bankowned homes, Single Family homes, Condos and Townhomes Residential property. Areas of expertise include: Highlands Ranch, Littleton, Parker, Centennial. Englewood, Roxborough, Aurora, Arvada, Westminster, Thornton and the Denver Tech Center.


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