Large down payment requirements have made homeownership a challenge for many otherwise qualified home buyers. HUD’s latest announcement includes a $100 down payment on HUD homes with FHA financing. … Continue reading...
Buying A House At Foreclosure Auction in Colorado is Risky Business
You can buy a home at a significant discount at a foreclosure auction in the Denver metro area, but you’ll face a host of challenges. Don’t get burned; be solutions-ready. If you want to get a good … Continue reading...
5 Tips For Buying A Foreclosure In Colorado
It's hard to resist isn't it? The desire to find that "good deal" and buy a home below market value. Well....before you roll up your sleeves and say "I want to buy a foreclosure" there are 5 things … Continue reading...
Bank of America to Resume Foreclosures in CO
Bank of America (BOA) announced they will resume foreclosures in Colorado very soon. They temporarily stopped foreclosures nationwide on October 8th amid allegations that bank employees signed but … Continue reading...
Avoid Foreclosure Rescue Scams : What You Need to Know
A record high 2.8 million properties were hit with foreclosure notices in 2009, putting even more Americans at risk of facing foreclosure rescue scams. Homeowners who fall behind on mortgage payments … Continue reading...
Buying a Home “As Is” in Colorado – 5 Things You Must Know
So you want a good deal, eh? You have watched your fill of HGTV and know your local Home Depot folks by name, and are ready to buy a "fixer"! Or, perhaps you are wanting a "move in ready" house but … Continue reading...
FHA 203k – When You Want a “Fixer-Upper” But Don’t Have $$ For the Fixing!
When a homebuyer wants to purchase a house in need of repairs or updating, he/she usually has to obtain financing first to purchase the home, additional financing for the construction, and then a … Continue reading...