The Brian Petrelli Team Blog

We’ve had a lot of interest in Roxborough Homes for Sale over the past week. There are two HUD homes in the area that are on the market and our agents have been fielding calls about them.

First of all, if you’re unfamiliar with the Roxborough Homes area, it is located south of Chatfield State Park between Sante Fe an Wadsworth. This is a gorgeous area with panoramic views of the foothills and trully unmatched beauty in an area just minutes from the metro Denver area.

the HUD homes available in the Roxborough area are both 3 bedroom homes. One of them is over 3,600 square feet and priced under $167,000!

If you’re interested in seeing any of these Roxborough Homes, or would like more information about Littleton Homes for sale in the surrounding areas, give our team a call at 303-817-0209.

Roxborough Homes for Sale:

HUD Owned Home 9840 garwood st littleton 80125 $135,000.00

Beds: 3 Fin Sq Ft: 1377 Baths: 2 Year: 1986 Acres: # of Photos Avail: 5 V-tour Available: No MLS #: 1031130 Listing Office: aspen real estate

Broker Remarks: what a fantastic opportunity to own this ranch style home with a 3 bedroom, 2 bath, 2 car garage in a quiet neighborhood… more… Disclosures

HUD Owned Home 9957 fairwood st littleton 80125 $165,337.00

Beds: 3 Fin Sq Ft: 3612 Baths: 2 Year: 1998 Acres:0.25 # of Photos Avail: 1 V-tour Available: No MLS #: 962616 Listing Office: mb denver colorado realty

Broker Remarks: price reduced*littleton single family 2 story beautiful, tons of natural light, awesome panoramic views, huge spacious 3… more… Disclosures

our team helps buyers every week looking for Littleton foreclosures and Denver HUD homes. Give us a call today to learn how we can help you: 303-817-0209

Some more good news on Colorado Foreclosures came out yesterday in the Denver Business journal.

Citing a report from the Colorado Division of Housing, August was the 9th straight month that both filings and sales of Foreclosures were down compared to the same month last year.

The article does go on to site a jump from July to August. It will be interesting to see if this bump was a one time anomaly, or a sign that banks are starting to become more aggressive in the pursuit of delinquent homeowners.

From the Denver Business Journal:

August was the ninth consecutive month in which both filings and sales were down compared to the same month a year ago, state officials said.

Foreclosure filings for the year through August fell 31.4 percent, to 16,481 filings, compared with 24,032 filings during the same period last year.

Foreclosure sales at auction were down 18.5 percent, to 11,502, from January through August, compared with 14,114 during the same period last year.

But foreclosure filings in August jumped 32.4 percent from July, hitting a six-month high and signaling that the state may see an upward trend in foreclosures.

If you’d like to learn more about Colorado foreclosures, HUD homes or the real estate market in general, give our team a call at 303-726-1874.

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Metro Area Foreclosure and HUD House Searches:
Aurora Foreclosures and HUD Homes, Arvada Foreclosures and HUD Homes, Brighton Foreclosures and HUD Homes, Broomfield Foreclosures and HUD Homes, Castle Rock Foreclosures and HUD Homes, Centennial Foreclosures and HUD Homes, Commerce City Foreclosures and HUD Homes, Denver Foreclosures and HUD Homes, Englewood Foreclosures and HUD Homes, Golden Foreclosures and HUD Homes, Highlands Ranch Foreclosures and HUD Homes, Lakewood Foreclosures and HUD Homes, Littleton Foreclosures and HUD Homes, Northglenn Foreclosures and HUD Homes, Parker Foreclosures and HUD Homes, Thornton Foreclosures and HUD Homes, Westminster Foreclosures and HUD Homes

Some good news and some bad news on Denver short sales.

First the good news. Over the past year, we’ve seen most major banks drastically improve their response time and communication with regards to improving short sales. What used to take 6-9 months can now be done in 2-4. We have several metro Denver short sales under contract which should close in under 3 months.

Now the bad news. According to a new report out from CoreLogice and reported in the Denver Business Journal, metro Denver homes that are underwater (the homeowners owe more than the home is worth) have increased over the last fiscal quarter:

From The Denver Business Journal:

The second-quarter report, released Tuesday, shows 145,242 residential properties with a mortgage in the Denver-Aurora-Broomfield metro area were in negative equity. That’s 22.9 percent of all homeowners with a mortgage in the area.

Negative equity and “underwater” mean a homeowner owes more than the property is worth.

Nationally, 22.5 percent — 10.9 million — of residential property owners with a mortgage were underwater in the second quarter. That number dropped just slightly from the 22.7 percent figure from the first quarter.

If you are in this situation yourself, don’t panic. It doesnn’t mean you can’t sell your home. Give us a call and we can walk you through the Short Sale process and educate you on all of your options. You can reach us at 303-726-1874.

Metro Denver Area Short Sales House Searches:
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We’ve had a lot of interest in Lakewood foreclosures from our clients over the past month. Unfortunately, HUD hasn’t had many available homes for sale in Lakewood come on the market, and those that have been listed have gone quickly.

There are only a handful of Lakewood HUD homes available right now, so we wanted to highlight a couple of the best picks:

Lakewood Foreclosures

Briarwood Hills Lakewood

Briarwood Hills in Lakewood is located just south of Alemeda and east of Union in the heart of Lakewood. homes in the area range from the mid to high $100’s. HUD has this large 3 bedroom listed in the $170’s.

HUD Owned Home 11436 w kentucky dr lakewood 80226 $176,000.00

Beds: 3 Fin Sq Ft: 1715 Baths: 2 Year: 1962 Acres: # of Photos Avail: 5 V-tour Available: Yes MLS #: 990041 Listing Office: elist realty, llc

Broker Remarks: light and bright 3 bedroom 1.75 bath home on nice lot with room for entertaining in backyard. property has some updates… more… Disclosures

Lochwood Lakewood Homes

Lochwood homes can reach into the high $300’s, which is why this 2,800 sqft home priced at $165,600 is such an outstanding deal. With 4 beds, 3 baths and a large lot, this is a great buy for someone willing to put in a little TLC.

HUD Owned Home 1832 s pierson ct lakewood 80232 $165,600.00

Beds: 4 Fin Sq Ft: 2826 Baths: 3 Year: 1971 Acres:0.17 # of Photos Avail: 5 V-tour Available: Yes MLS #: 953361 Listing Office: re/max professionals

Broker Remarks: large 4 bedroom, 3 bath ranch home in quiet lakewood neighborhood! situated on a large lot, this home features a large … more… Disclosures

 Give our team a call for any questions on homes for sale in Lakewood or Lakewood foreclosures. You can reach us at 303-726-1874 anytime. We are tyour go to experts on Denver HUD homes!

An interesting article in the Denver Post today regarding Denver homes and the real estate market.

For months, we’ve been explaining to clients looking in certain areas and / or price ranges in the Denver metro area, that despite what they read in the news, the market is very tight and the best deals are going under contract quickly. In the past 2 weeks, we have multiple bid situations on at least 4 properties. two of these were Denver Fannie Mae homes, but 2 were standard resale homes.

The article today in the Denver Post does a good job explaining some of the reasons why inventory is so tight:

If you’d like to talk more about inventory, foreclosure, Denver HUD homes or how the inventory (or lack of inventory) impacts you, give us a call at 303-726-1874.

Our team spent most of the weekend showing Littleton foreclosures and HUD homes. As usual, we schedule most of our showings on Friday, however, this HUD home came on the market Saturday so we didn’t have a chance to see it. We did however, want to make sure you all were aware of it as it is a fantastic deal on a house in the Kipling Villas Homes neighborhood.

If you are unfamiliar with the area, Kipling Villas Homes are located between Wadsworth and Kipling just south of Bowles Ave. Found just north of Lilly Gulch Park, this area has homes ranging from the low $100’s to the high $200’s.

The new HUD home at 6239 S Garrison St, is a large 1,900+ square foot home listed at just $185,000. With 4 bedrooms, 3 baths and a great backyard with a covered patio, this home will not last very long. If you’re interested in seeing it, give our team a call at 303-726-1874.

Kipling Villas Homes

HUD Owned Home 6239 s garrison st littleton 80123 $185,000.00

Beds: 4 Fin Sq Ft: 1941 Baths: 3 Year: 1975 Acres: # of Photos Avail: 5 V-tour Available: Yes MLS #: 1034288 Listing Office: re/max professionals

Broker Remarks: with 4 beds/2.25 baths, this home has a lot of space to offer. settled in a great community, you are close toeverything … more… Disclosures

Our team can help you with any of the available Littleton Homes for sale. We are extremely experienced in Littleton short sales, foreclosures and standard resale homes. Many of our agents live in this area and we’d love to help you find your next home here. Give us a call at 303-726-1874.

Our team has been busy this week and heading into this weekend, we’ll be showing several buyers some more Littleton foreclosures. We’ve talked about some of these homes in the past, but some of these listings are new HUD homes and we wanted to highlight the best Littleton foreclosures on the market and their surrounding neighborhoods.

The newest HUD home to be released is this 3 bedroom located in Roxborough Village homes. Located at the base of the foothills and away from the city, Roxborough homes offer a secluded lifestyle just 20 minutes from the heart of the Denver area.

This 3 bedroom home is priced incredibly well – even for a HUD home – at just $135,000!

HUD Owned Home 9840 garwood st littleton 80125 $135,000.00

Beds: 3 Fin Sq Ft: 1377 Baths: 2 Year: 1986 Acres:0.09 # of Photos Avail: 5 V-tour Available: No MLS #: 1031130 Listing Office: aspen real estate

Broker Remarks: what a fantastic opportunity to own this ranch style home with a 3 bedroom, 2 bath, 2 car garage in a quiet neighborhood… more… Disclosures

One more in Roxborough Village. This home is HUGE with over 3,600 square feet!

HUD Owned Home 9957 fairwood st littleton 80125 $165,337.00

Beds: 3 Fin Sq Ft: 3612 Baths: 2 Year: 1998 Acres:0.25 # of Photos Avail: 1 V-tour Available: No MLS #: 962616 Listing Office: mb denver colorado realty

Broker Remarks: price reduced*littleton single family 2 story beautiful, tons of natural light, awesome panoramic views, huge spacious 3… more… Disclosures

Finally I wanted to showcase a HUD home in Powderhorn. the neighborhood of Powderhorn Littleton Homes is located between Simms and Kipling just north of Coal Mine ave. This is a fantastic location in the middle of Littleton and offers easy access to everything Denver and the foothills have to offer. HUD listed this 3,300+ square foot home a while back, but at this low price, it’s a great deal:

HUD Owned Home 6468 s parfet way littleton 80127 $283,500.00

Beds: 5 Fin Sq Ft: 3329 Baths: 4 Year: 1985 Acres:0.17 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1033164 Listing Office: alpine real estate

Broker Remarks: wow!huge beautiful home in woodbury/powderhorn!finished walkout basement!5 bedrooms, main floor study!large family room … more… Disclosures

If you are interested in seeing any of these Littleton foreclosures or would like information on any other Littleton homes for sale, give our team a call at 303-726-1874.

There has been a big demand for Littleton Townhomes this month. Our team has already put 2 under contract in September.

One of the most popular areas for Littleton townhomes under $150,000 is the Dutch Ridge Townhomes neighborhood. This complex is located just south of Coal Mine rd and west of Kipling. It’s an ideal setting surrounded by greenbelts. One of our clients was looking at this complex and decided on a similar complex across the street – Lexington Village Townhomes.

Both of these neighborhoods offer a great location in the south west Littleton area, and the prices are incredibly competitive. HUD just released the following deal in Dutch Ridge for under $99,000! THis one will not last. If you’d like to see it, give us a call at 303-726-1874.

Dutch Ridge Townhomes HUD Listing

HUD Owned Home 9268 w ontario dr littleton 80128 $95,000.00

Beds: 2 Fin Sq Ft: 1073 Baths: 2 Year: 1982 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1032213 Listing Office: re/max professionals

Broker Remarks: hud home sold `as is`-electronic bid only fha case #052-419716. bids for eligible bidders due on/or before 09-11-11 @ 11… more… Disclosures

There are still some great deals on Littleton homes for sale. Several Littleton foreclosures and Denver HUD homes were just released. If you would like more information, give us a call at 303-726-1874.

Located just north of 120th Ave and west of I-25, the Highland Park South Broomfield neighborhood has one of the best locations in Broomfield. With 6 parks and open spaces within walking distance (Broomfield Common Park, Broomfield Community Park, Country Vista Park, Brandywine Park, Ryan Park and Community College open Space), this neighborhood is in strong demand.

Judy Hoffer on our team just listed a great 3 bedroom, 3 bah home in Highland South Park Broomfield. This home is over 1,700 square feet and priced at just $270,000. If you’d like to see this home, give us a call at 303-726-1874 today.

Highland Park South Broomfield

1411 stonehaven ave broomfield 80020 $270,000.00

Beds: 3 Fin Sq Ft: 1709 Baths: 3 Year: 1988 Acres: # of Photos Avail: 5 V-tour Available: Yes MLS #: 1032613 Listing Office: mb the brian petrelli team

Broker Remarks: newer furnace,wtr htr,roof,vinyl windows, neutral carpet,tile,jetted tub,redwood deck in private yard, corner lot. fresh… more… Disclosures

Our team can help you with any of the available Broomfield homes for sale. Give our team of experts a call at 303-726-1874 and learn about your options for Broomfield foreclosures, Broomfield short sales and more!

Our team has sold many Roxborough Homes over the years, both in Roxborough Village and the custom homes of Roxborough Park. This is a great area nestled in the foothills just south west of Denver. it offers a secluded area with amazing views and only a 20 minute drive to the heart of Denver.

We have several clients looking in the area now and we were thrilled to see HUD release a 3 bedroom home in Roxborough Village yesterday. This home has over 1,300 square feet and is priced at just $135,000!

Robxborough Homes for Sale:

HUD Owned Home 9840 garwood st littleton 80125 $135,000.00

Beds: 3 Fin Sq Ft: 1377 Baths: 2 Year: 1986 Acres:0.09 # of Photos Avail: 5 V-tour Available: No MLS #: 1031130 Listing Office: aspen real estate

Broker Remarks: what a fantastic opportunity to own this ranch style home with a 3 bedroom, 2 bath, 2 car garage in a quiet neighborhood… more… Disclosures

If you’re interested in this, or any other Littleton homes for sale, give our team a call at 303-726-1874. We can help you with Littleton foreclosures and resale homes. the deal on this foreclosure will not last!