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Category Archives: HUD Homes

Buying real estate a better deal than renting in 74% of major US cities

Tweet  Buying real estate continues to be cheaper than renting in the vast majority of major U.S. cities, according to a quarterly rent vs. buy index from real estate search and marketing site Trulia.  This index compared the median list price and the median annualized rent on a two-bedroom apartment, condominium or townhouse in …

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Investors can get Loans in Denver!

Tweet Here’s what you need to know about getting a mortgage for an investment property: If you are buying a 1-unit investment property, you need 20% down. Fannie Mae underwriting guidelines say you only need 15% down.  However, you also need mortgage insurance if you have less than 20% down, and no mortgage insurance …

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Owning More Affordable than Renting in Thornton Colorado!

Tweet Trulia did a survey and found that it is more affordable to buy than rent in 72% of 50 of America’s largest cities.  There were only four cities where renting is less expensive – New York, Seattle, Kansas City and San Fransisco.  So you are probably wondering, how come there are so many renters in …

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Is There a HUD Home for You?

Tweet I just had my first bid of 2011 accepted and we were encouraged on the offer that they had accepted.  We asked for closing costs and a price reduction and got it!  Now comes the interesting part. In Colorado, we have 3 different companies that are handling our HUD bids and maybe hundreds …

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