Denver Condos and Townhomes

While HUD announced the return of the HUD $100 down payment program for Denver HUD homes last week, it has been hard to find many details on their website. We've been doing plenty of digging and made some phone calls and found out a little more information for all of you.

Denver $100 Down Payment HUD Program:

• Purchasers must be owner / occupants
• Purchasers must utilize FHA insured financing
• Purchasers must offer full list price for the HUD listing

We've communicated with our preferred lender, and they are aware and able to assist you in getting qualified for this amazing program. Just give our team a call at 303-726-1874 and we can get you qualified and looking at Denver HUD homes today!

As a side note, while the $100 down payment HUD program is a great opportunity, we can also help you with the low down payment Homepath program offered on Denver Fannie Mae homes. In addition, there are several low down and $0 down programs available through our lender that we can help you with. Just give us a call at 303-726-1874.

This is fantastic news for anyone looking at Denver HUD homes for a potential purchase! HUD just announced that they are bringing back the $100 down program for their HUD homes.

We're getting more details on the program now, but basically, these are standard FHA mortgages with one exception: instead of requiring the buyer to put a 3.5% down payment, the buyer is only required to put down $100. This makes Denver HUD homes suddenly much more attractive to a standard homebuyer than any of the other available Denver foreclosures on the market.

While Denver Fannie Mae homes and Freddie Mac homes have had some financial incentives to buyers, this $100 down program will increase the demand for these homes. As I've mentioned several times before on this blog, HUD homes in several Denver areas typically recieve multiple bids and many times sell for more than the listing price.

If yo'd like to learn more about this program or Denver foreclosures and HUD homes in general, give our team a call at 303-726-1874. We can answer all of your questions and get you on the road to buying a HUD home with $100 down!

What a busy weekend!

Our team was showing homes up and down the front range this weekend. In all of the hustle, we ran across 2 new Denver HUD homes that just hit the market. Both of these are Denver condos and are priced extremely aggressively for their complexes.

Southmoor Park Denver

The first of these Denver foreclosures is located in Southmoor Park and is a large, 2 bedroom, 3 bath townhome with nearly 1,600 square feet - all for $132,000! These townhomes are located right at Hampden and I-25 and offer a quick drive to both the Tech Center and Downtown Denver.

HUD Owned Home 3540 s hillcrest dr denver 80237 $132,000.00

Beds: 3 Fin Sq Ft: 1562 Baths: 3 Year: 1969 # of Photos Avail: 5 V-tour Available: No MLS #: 1011455 Listing Office: walker realty group, llc

Broker Remarks: lovely 2-story condominium with 2 bedrooms and 3 baths. spacious rooms. deck off of living area. family room/office. all... more... Disclosures

If you'd like to set a time to see this home, give our team a call at 303-726-1874.

Windsor Condos Denver

Located in the heart of LODO, Windsor condos offer everything you could want in a Denver condo. At the corner of 17th and Larimer, these units offer easy access to absolutely everything! This unit will not last long at this price!

HUD Owned Home 1777 larimer st denver 80202 $235,000.00 est $

Beds: 1 Fin Sq Ft: 992 Baths: 1 Year: 1981 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1011609 Listing Office: re/max professionals

Broker Remarks: hud home sold `as is`-electronic bid only fha case #052-331566. bids for eligible bidders due on/or before 07-04-11 @ 11... more... Click Here For Full Details & Pics Disclosures

Our team sells several Denevr HUD homes each month and would love to help you understand the Denver foreclosure market. Just give us a call at 303-726-1874 to talk more about what you need!

Our team members have been showing several clients many of the Denver HUD homes on the market this week. We're still finding that the well priced homes are mover VERYquickly and that the clients that are set up with us on daily email alerts are winning the bidding wars while those that are waiting too long to submit offers are losing out to other buyers.

Today we wanted to highlight several Denver condos that HUD has listed. All of these are priced under $100,000 and have at least 2 bedrooms and over 1,000 square feet.

If you'd like to see these or any of the other Denver HUD homes on the market, give us a call at 303-726-1874.

Denver HUD Homes

 The first unit is in Devonshire Square Condos in Denver just south of 88th Ave (because of it's location so far north, many times these are listed as Thornton condos). This is an amazing deal on a 1,150+ square foot condo! 

HUD Owned Home 2567 rainbow dr denver 80229 $40,500.00 est $

Beds: 2 Fin Sq Ft: 1152 Baths: 2 Year: 1975 # of Photos Avail: 1 V-tour Available: No MLS #: 987053 Listing Office: re/max leaders

Broker Remarks: stellar deal on this clean home witih easy access to freeway and downtown denver. use hud key for showings. hud homes ar... more... Click Here For Full Details & Pics Disclosures

The second unit we wanted to highlight was this 2 bed / 3 bath townhome in Welby Hill Condos. This is a townhome style unit with nearly 1,100 square feet and is priced at an unbelievable price of $58,500! 

8199 welby rd denver 80229 $58,500.00 est

Beds: 2 Fin Sq Ft: 1088 Baths: 3 Year: 1999 # of Photos Avail: 5 V-tour Available: No MLS #: 982869 Listing Office: colorado home real estate

Broker Remarks: fha case #052-380126. hud homes are sold 'as-is' w/ no warranties. ask your agent for details. this is a really unique h... more... Disclosures

 Finally, we found this great deal on a home in Dayton Green Denver Condos. This unit has nearly 1,200 square feet, 2 bedrooms, 2 baths and is priced at $70,000. In this complex, this home will not last very long at this price.

2525 s dayton way denver 80231 $70,000.00

Beds: 2 Fin Sq Ft: 1195 Baths: 2 Year: 1973 # of Photos Avail: 5 V-tour Available: No MLS #: 1008787 Listing Office: keller williams dtc

Broker Remarks: hud home, sold as is w/no warranties. hud case # 052-361486. bid deadline 6/26/11 @ 11:59 pm-daily thereafter. investo... more... Disclosures

 Our team would love to help you with any of the Denver HUD homes on the market. Give us a call at 303-726-1874 and we can help educate you on the HUD process and the differences between HUD homes and other Denver Foreclosures.

One of our agents was out Showing some Denver condos today, and we came across some great deals on a couple Denver HUD homes. Both of these units are available to bid on now. Give our team a call today to let us guide you through the process and educate you on the differences and benefits of buying Bank Owned homes, Short sales and HUD homes: 303-726-1874.

Denver HUD Homes

HUD Owned Home 5155 w quincy ave denver 80236 $163,944.00	Beds: 2      Fin Sq Ft: 1436 Baths: 3     Year: 1999 # of Photos Avail: 5 V-tour Available:  No MLS #: 980145 Listing Office: keller williams dtc	Broker Remarks: hud home, sold as is w/no warranties. hud case # 052-472943 bid are reviewed dail. now open to all bidders. gorgeous to... more...  Disclosures
HUD Owned Home 1515 e 9th ave denver 80218 $250,000.00	Beds: 2      Fin Sq Ft: 1343 Baths: 1     Year: 1923 # of Photos Avail: 1 V-tour Available:  No MLS #: 984339 Listing Office: mb new & co	Broker Remarks: top floor, corner unit, backs to cheesman park, great views, 2 bedrooms plus an office/den. hardwood flooring, skylight... more... Disclosures

 We'd love to help you find the right home - whether it's a Denver short sales, foreclosure or normal resale home. Give us a call at 303-726-1874 today.

 As we get set to start the new year, there are several Denver HUD homes and Denver condos that are priced incredibly well for anyone in the market.

We've highlighted some of the best picks below, but if you're interested in Denver Foreclosures or Denver Short sales, give our team a call at 303-726-1874 so we can set you up on a daily email alert to notify you of the new Foreclosures the morning they are available. 

 Governors Place Denver Condos

Always a popular condo community, Governors Place has a HUD home available for just $135,000! This is an amazing deal and will not last long!

HUD Owned Home 800 pearl st denver 80203 $135,000.00

Beds: 2      Fin Sq Ft: 952 Baths: 1     Year: 1978 # of Photos Avail: 5 V-tour Available:  Yes MLS #: 953079 Listing Office: re/max professionals

Broker Remarks:  2 bedrooms/1 bathroom condo in secured governors place. great location! walk distance to restaurants and shops. gas fire... more... Disclosures

Quincy Park Denver Condos

HUD Owned Home 5155 w quincy ave denver 80236 $207,000.00

Beds: 2      Fin Sq Ft: 1436 Baths: 3     Year: 1999 # of Photos Avail: 5 V-tour Available:  No MLS #: 953304 Listing Office: keller williams dtc

Broker Remarks: hud home, sold as is w/no warranties. hud case # 052-472943 bid deadline 1/5/11 @ 11:59 pm-daily thereafter. own occ of... more... Disclosures

 Our team is comprised of experts on the Denver market. We can help you with your search for Denver Foreclosures, bank owned and Denver Short Sales.

Give us a call at 303-726-1874.

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.

7474 e arkansas
denver, CO 80231


$100,000.00

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 all Denver Condos and Denver Townhomes on our website, or if you're looking for something in particular, give us a call and ask.

9270 e mansfield
denver, CO 80237


$120,000.00

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 danger of losing their homes is falling flat.

More than a third of the 1.24 million borrowers who have enrolled in the $75 billion mortgage modification program have dropped out. That exceeds the number of people who have managed to have their loan payments reduced to help them keep their homes.

Last month alone,155,000 borrowers left the program-bringing the total to 436,000 who have dropped out since it began in March 2009.

About 340,000 homeowners have received permanent loan modifications and are making payments on time.

You can see all Denver HUD Homes here.