Denver Condos and Townhomes

Our team deals with Denver short sales and foreclosures every single day. Listing a short sales brings with it a myriad of bank policies, procedures and paperwork. We've gone out of our way to streamline this process for our sellers and make it as painless as possible. It appears that many of the banks continue to attempt to improve their process as well.

An article this morning from DSNews.com highlights a few of the programs we've been made aware of from the banks. It's an interesting read and while many of these changes should have been made several years ago, it's nice to see the banks changing:

From DSNews.com:

JPMorgan Chase is also offering a range of incentives to borrowers that agree to a pre-foreclosure sale “because if we can’t work out a modification, a short sale is a better result for the borrower, the servicer, the investor, and the neighborhood than a foreclosure,” the company said in a statement.

The article goes on to outline several of the banks and their new policies on short sales.

If you are interested in talking about Denver short sales, or need more information on potentially listing your home as a short sale, give our team a call at 303-726-1874. We're experts in the area and have an entire team dedicated to making the process easy.

Denver Area Short Sales House Searches:
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So I have to admit that I checked out a little early last week before the Christmas holiday. In doing so, I missed the newer listing by HUD (One of only two Englewood condos they have listed).

This new listing is located in the Southcreek Townhomes complex between Jordon and Parker rd about a mile north of C-470. One of the best values in the area, Southcreek offers townhome from the low to upper $100's. This HUD listing is an amazing deal. Currently a smaller resale unit in the complex is being listed at $171,000. This HUD offering has 3 beds, 3 baths, an attached garage and over 1,500 square feet. 

Check out the photos at the lin and then give our team a call at 303-726-1874. This home will not last long and you may be lucky enough to catch most people sitting out housing over the holiday week.

Southcreek Townhomes

HUD Owned Home 8062 s kittredge way englewood 80112 $123,000.00

Beds: 3 Fin Sq Ft: 1520 Baths: 3 Year: 2001 # of Photos Avail: 5 V-tour Available: No MLS #: 1056292 Listing Office: re/max momentum

Broker Remarks: three bedroom home in a desirable location near dtc-close to parks, schools, and shopping with easy access to highways-b... more... Disclosures

If you are interested in Englewood foreclosures, one of the most popular Englewood condos complexes in Windmill Creek condos. HUD has a great deal on a large, 2 bedroom unit in Windmill Creek wight now for just $90,000. This complex is just down the road from Southcreek Townhomes. Here are the details:

Windmill Creek Condos

HUD Owned Home 7440 s blackhawk st englewood 80112 $90,000.00

Beds: 2 Fin Sq Ft: 1128 Baths: 2 Year: 2002 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1023038 Listing Office: re/max professionals

Broker Remarks: nice condo with a master bedroom that includes bath, walk-in closet & private patio, cozy corner, gas log fireplace nice... more... Disclosures

If you would like more information on Englewood foreclosures or Denver HUD homes in general, give our team a call at 303-726-1874. Our foreclosure experts can help you find the best deals on the market.

Some more good news came out today on the market for Denver Luxury Homes and Denver Luxury Foreclosures. The Denver Business Journal is reporting that sales of $1 million and up increased by over 20% this November from last November.

The statistics cover the entire Denver metro area and represent both Denver Luxury Homes and condos. The article and the underlying statistics are interesting and worth a look if your considering a higher end home in the Denver area. We've seen these trends repeating themselves in all price points and while we're not seeing a huge uptick in pricing, the market is moving in a positive direction.

From The Denver Business Journal:

Forty-five local homes with a price tag of more than $1 million sold in November, up eight from the 37 sold in October and up one from November 2010, the report shows.

A similar report from independent Littleton broker Gary Bauer using Metrolist data shows an inventory of 650 residential homes listed for more than $1 million in November, and 74 condos.

If you'd like more information on Denver luxury foreclosures or luxury homes, give our team of experts a call at 303-726-1874. We can send you detailed reports for the specific cities or neighborhoods you are considering. The right information can make all of the difference when buying a Luxury home.

Metro Area Luxury Foreclosure and Luxury HUD House Searches:
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Some more good news for Colorado foreclosures this morning. The Denver business journal is reporting that Colorado foreclosure filings dropped over 20% from the previous month and over 24% from November of the past year.

We're seeing these numbers play out in a vastly decreased inventory of foreclosures for our buyers. While there are still some good deal available, you need to be able to move quickly and in many cases, outbid other buyers.

In addition, we're seeing Denver HUD homes moving quickly due to the recent $100 HUD down payment program. This is motivating many buyers who would normally not be in a position to buy.

From the Denver Business Journal:

Colorado saw sharp declines in the number of properties with foreclosure filings in November, both from the previous month and from November 2010, according to a monthly report Thursday from RealtyTrac Inc. RealtyTrac Inc.Latest from The Business JournalsHawaii foreclosures fall 27% in NovemberNortheast Florida foreclosure filings down 9 percentAlabama foreclosures drop 46 percent in NovemberFollow this company

The state had 3,773 properties with filings last month, or one out of every 575 housing units statewide, down 20.22 percent from the October tally of 4,729 properties, or one in 458 properties, according to RealtyTrac, an Irvine, Calif.-based private marketer of foreclosure properties.

If you'd like to talk to our team of experts about the Colorado Foreclosure market of Denver HUD homes, give us a call at 303-726-1874. We can set you up on a daily email alert of all new foreclosures so you don't miss any of the best deals on the market.

Metro Area Foreclosure and HUD House Searches:
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Over the past 8 years, Deer Creek Condos Littleton, CO have become one of the most sought after neighborhoods for Littleton condos. With their easy access to C-470 and all of the abundant shopping and restaurants less than a block away, the area is extremely convenient. Add he breathtaking views of the foothills out your window, and the complex sells itself.

We haven't seen many units come up as HUD homes over the last year, so we were excited yesterday when HUD released a new, large, 2 bedroom unit. This ground level unit has a carport, a large covered patio and is in great shape. In addition, as with all Denver HUD homes, this unit qualifies for the $100 HUD down payment program currently being offered.

If you'd like to see this home, or any other Littleton foreclosures, give our team a call at 303-726-1874. This condo is going to sell quickly!

Deer Creek Condos Littleton, CO

HUD Owned Home 8464 s holland way littleton 80128 $115,000.00

Beds: 2 Fin Sq Ft: 1131 Baths: 2 Year: 2003 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1054123 Listing Office: diamond realty

Broker Remarks: wow! this hud condo is about as good as it gets! located on the ground level, on the corner of this building, this unit ... more... Disclosures

Our team can help you with all of the available LIttleton condos and Littleton foreclosures. Give us a call and we can help you decide if a foreclosure, Denver HUD home or standard resale is right for you: 303-726-1874.

Castle Rock Townhomes can be an incredible value for buyers working anywhere in the South Metro Denver area. Prices are typically lower than other south areas (Highlands Ranch, Parker, etc) and commute times to areas like the DTC can be almost identical.

HUD just released a new listing in South Ridge Castle Rock townhomes. Its an amazing deal on a 1,782 square foot townhome with three beds and 2 baths. Priced at just $144,000, like all other Denver HUD homes, this unit qualifies for HUD's $100 down payment program.

If you'd like to see this, or any other available Castle Rock foreclosures, give our team a call at 303-726-1874.

Castle Rock Townhomes:

HUD Owned Home 92 s valley dr castle rock 80104 $144,000.00

Beds: 3 Fin Sq Ft: 1782 Baths: 2 Year: 1983 # of Photos Avail: 5 V-tour Available: No MLS #: 1052841 Listing Office: elist realty, llc

Broker Remarks: light and bright 2 bedroom, 1 bath townhome in quiet community. home has an open living room, dining room, and functiona... more... Disclosures

There are still many deals available on Castle Rock foreclosures. If you're looking for something specific, give us a call and we can put you on a daily alert to help you find the best deals the day they hit the market.