The Brian Petrelli Team Blog

We’ve shown a large number of Acres Green Homes for Sale this year. It’s a popular area technically in Littleton but on the eastern border of Highlands Ranch. Just off of Quebec, and south of C-470, this area offers a great neighborhood and an incredibly convenient location to the tech center, shopping and more.

HUD just released a new listing in Acres Green this week. This is a large (2,100+ square feet) home with 5 bedrooms, 3 baths and a large lot. With HUD’s new $100 down program and this home’s location, we expect this one to move fast. If you’re in the market for Littleton homes for sale and you’d like to see it before it’s gone, give us a call at 303-726-1874.

Acres Green Homes for Sale:

HUD Owned Home 13483 omega cir littleton 80124 $220,000.00

Beds: 5 Fin Sq Ft: 2132 Baths: 3 Year: 1974 Acres:0.2 # of Photos Avail: 5 V-tour Available: No MLS #: 1045474 Listing Office: elist realty, llc

Broker Remarks: 3 bedroom 2.25 bath home on large fenced lot with covered patio. property has function eat-in kitchen, formal living roo… more… Disclosures

Our team is full of experts on Littleton foreclosures, short sales and resale homes. We can answer all of your questions and help you make the right buying choices. Give us a call at 303-726-1874 today!

Some good news for Denver Homes this morning from Case-Shiller via the Denver post. For the 4th time in the last 5 months, Denver homes prices showed an increase. This is in line with what we’ve been reporting her for months now. Denver’s housing market is recovering, slowly, but it is trending upward.

Much of this has to do with the fact that Denver encountered housing issues before the rest of the country and is now coming out of it sooner. In addition, the prices of homes, and resulting Denver foreclosures, never dipped to the extent that it did in many other areas of the country.

From The Denver Business Journal:

But Denver home prices rose 0.4 percent in August from the previous month, better than the 20-city composite growth rate of 0.2 percent.

Denver home prices were flat month over month in July but rose in April, May and June from the previous months, with increases ranging from 1.4 to 1.6 percent. Before that came 10 straight months of price declines from the previous month.

Among the other 19 cities covered by the report, the only places to see a year-over-year home-price gain in August were Detroit (up 2.7 percent) and Washington (up 0.3 percent).

We’re seeing a steady demand from buyers, and yesterday’s news that Denver HUD homes will be included in the $100 down program should help this as well. If you’d like to talk about this or just have questions about Denver homes in general, give our team 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!

I’ve been out of town for the last week on vacation. This morning, when I got back to work, I pulled up my daily search of Highlands Ranch foreclosures and was happy to see that HUD has listed two new listings in the area. The details of each are below, but if you have more questions or would like to see these homes, give our team a call at 303-726-1874.

Both of these homes are in the Eastridge Highlands Ranch homes area (east of Broadway and south of Highlands Ranch Pkwy). The home on Cherryhurst (below) is located just behind Cherry Hills Church and close to Eastridge Rec Center and Highlands Ranch High School. This home is 1,200 square feet and has 2 bedrooms and 2 baths.

Eastridge Highlands Ranch

HUD Owned Home 10220 cherryhurst ln highlands ranch 80126 $195,000.00

Beds: 2 Fin Sq Ft: 1200 Baths: 2 Year: 1999 Acres:0.11 # of Photos Avail: 1 V-tour Available: No MLS #: 1044121 Listing Office: mb denver colorado realty

Broker Remarks: single family ranch home with fireplace and finished room in basement .home also features a 2 car attached garage, priva… more… Disclosures

The second home listed by HUD is located in Firelight Highlands Ranch. This is a larger, 1800+ square foot home with 3 bedrooms and 3 baths. Firelight is located just south of Wildcat Reserve Pkwy and west of McArthur Ranch Rd. Priced at just $265, 000, this is a great deal in this highly sought after area!

Firelight Highlands Ranch

HUD Owned Home 10637 wildhurst cir highlands ranch 80126 $265,000.00

Beds: 3 Fin Sq Ft: 1804 Baths: 3 Year: 2003 Acres:0.09 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1043142 Listing Office: the colorado real estate co.

Broker Remarks: hud owned, sold as is by electronic bid. bids due 10/23/11 at 10:59pm mst or daily thereafter. fha insurable. great oppo… more… Disclosures

Highlands Ranch foreclosures tend to move quickly, and homes for sale in Highlands Ranch are in demand – especially those priced under $300,000. if you’d like to see these, or any other Highlands Ranch homes, give us a call at 303-726-1874.

Some good news came out at the end of last week for Denver Homes for sale. An article in the Denver Business Journal reported data from Hanley Wood LLC ranking Denver’s housing market 10th out of the nation’s top 100 cities.

In the report, the executive director reinforced what we’ve been saying for a while: The Denver housing market is beggining a slow, gradual recovery.

From The Denver Business Journal:

Denver achieved its ranking because its home values are holding steady, its foreclosed-homes inventory is dwindling, and its economy is stronger than most other markets.

“Denver is at the end of a long valley, but there’s still a slow, gradual recovery ahead,” said Jonathan Smoke, executive director of research for Costa Mesa, Calif.-based Hanley Wood. “The good news is, it’s not getting worse. Denver is right at the point of recovery.”

Our team has seen the demand for Denver foreclosures and Denver HUD homes increase drastically over the past few months. Homes priced correctly are moving very fast and when priced aggressively, are resulting in multiple bid situations.

If you are interested in learning more about Denver Homes for sale or the Denver foreclosure market in general, give our team a call at 303-726-1874. Our experts can help educate you and use our experience to help you find and bid on Denver HUD homes.

Our team is thrilled to announce that we have just listed this great 4 bedroom house in Pride’s Crossing Aurora homes. This fantastic house has over 2,800 square feet, a walkout basement, 3 car garage, tons of upgrades and more!

Pride’s Crossing is found just east of Quincy Reservoir and this home is a block away from Aqua Vista Park. the neighborhood offers easy access to E-470, the tech center, DIA and everything the Denver area has to offer! if you’re in the market for Aurora homes for Sale, make sure you check this amazing house out!

Pride’s Crossing Aurora Homes

19012 e chenango cir aurora, CO 80015 pride $289,900.00

Beds: 4 Fin Sq Ft: 2880 Baths: 3 Year: 1996 # of Photos Avail: 5 V-tour Available: No MLS #: 1041708 Listing Office: mb the brian petrelli team

Broker Remarks: the best of pride’s crossing shown here! gorgeous home with remodeled kitchen and updates galore! with nearly 3000 fin. … more… Disclosures

Our team can help you with any of the available homes in the Aurora area. There are some great deals on Aurora foreclosures and Aurora short sales too. jus give us a call at 303-726-1874.

Our team has placed and won several bids on Denver HUD homes over the past few weeks. With the inventory of Denver foreclosures slowly decreasing, the better HUD deals are getting harder to find. We wanted to highlight a couple of the better deals we’ve come across here. As always, if you’d like to see any of these homes, give our team a call at 303-726-1874.

Hutchington Hills Denver Homes

Located just north of Yale on the edge of Hutchingson and James A Bible Park, Hutchington Hills homes sell from the low $200’s to the low $400’s. That’s what makes this 2,000+ square foot home such a deal at only $197,000. This home was recently listed and we don’t expect it will stay on the market long.

2697 s newport st denver 80224 $197,000.00

Beds: 3 Fin Sq Ft: 2073 Baths: 2 Year: 1965 Acres: # of Photos Avail: 5 V-tour Available: Yes MLS #: 1039493 Listing Office: re/max momentum

Broker Remarks: three bedroom home in a desirable location-close to parks, schools and shopping-be sure to check this one out-ie escrow … more… Disclosures

Valley Station Denver Homes

Located in the northern part of Denver, just south of Montbello Park, Valley Station Homes offer a fantastic value for home buyers. this 3 bedroom, 1,400+ square foot HUD home is priced at just $101,000!

4386 davenport way denver 80239 $101,000.00

Beds: 3 Fin Sq Ft: 1406 Baths: 2 Year: 1985 Acres: # of Photos Avail: 5 V-tour Available: No MLS #: 1041306 Listing Office: re/max momentum

Broker Remarks: three bedroom/2 bath hud home. close to parks, schools, highways and shopping-be sure to check this one out-ie escrow of… more… Disclosures

If you are interested in these Denver HUD homes, or would like to see any other available Denver homes for sale, give our team a call at 303-726-1874 today!

Our team was busy this weekend! I personally spent the last 2 days showing several clients a few of the Littleton foreclosures that are available. One of the homes that popped up on our list of possibilities is this new HUD listing in Westgold Meadows.

If you’ve done your research on Littleton homes for sale, then you kow that the Westgold Meadows neighbrohood is located south of Belleview and just east of C-470. The neighborhood has great views of the foothills and easy access to just about everything you could want.

Home sin the neighborhood typically sell from the low $200’s to the low $300’s, bud HUD has this 3 bed, 3 bath home listed at just $194,000! While it needs a little work, this is a tremendous deal on a Littleton home. It will be hard to beat the price!

Westgold Meadows Homes

HUD Owned Home 12496 w crestline ave littleton 80127 $194,000.00

Beds: 3 Fin Sq Ft: 1618 Baths: 3 Year: 1994 Acres:0.12 # of Photos Avail: 5 V-tour Available: No MLS #: 1041324 Listing Office: metrowest real estate solut…

Broker Remarks: great two-story in westgold meadows! minutes to mountains, hiking trails and reservoir! live and play close to the mou… more… Disclosures

If you are interested in seeing this, or any other Littleton homes for sale, give our team a call at 303-726-1874,. We can help you navigate the complex world of short sales, Littleton foreclosures and the ever changed market for Denver HUD homes.

HUD had listed this home in Eastridge Highlands Ranch 2 months ago. As with most Highlands ranch foreclosures, it went under contract quickly. However, yesterday, they home fell out of contract and was relisted by HUD in the MLS.

Priced at just $220,000, this 3 bedroom, 1,500+ square foot home is a great deal in Eastridge. Located just south of Valor High School and near several parks as well as Eastridge Rec center, this home is in an ideal location and will not stay on the market for long. If you’d like more information on this or other Highlands Ranch homes for sale, give us a call at 303-726-1874.

HUD Owned Home 9924 aftonwood st highlands ranch 80126 $220,000.00

Beds: 3 Fin Sq Ft: 1598 Baths: 3 Year: 1999 Acres:0.09 # of Photos Avail: 5 V-tour Available: No MLS #: 1022085 Listing Office: westfall & company marketing

Broker Remarks: hud owned*sold as is*nice 3 bed 3 bath home*wood floors*large loft area*private backyard with mature trees!… more… Disclosures

This is currently the only Highlands Ranch HUD home on the market. If you’d like us to set you up on a daily alert for Highlands Ranch foreclosures or Highlands Ranch homes, give us a call at 303-726-1874. The best deals are moving very quickly in this area.

Our team has helped several clients attend and bid at auctions over the past few years. They rarely, if ever, live up to the hype, but they are always interesting to attend. The FDIC just announced an auction on October 22nd, that will among other properties, include Denver Luxury Foreclosures.

It’s rare to see the FDIC conducting a property auction, and there will only be about 20 properties up for bid at this auction. The properties will range from commercial lots to a small technical school to Denver Luxury homes.

From The Denver Business Journal:

The Federal Deposit Insurance Corp. said Monday it will auction off about 20 properties, most of which are in the metro Denver area, on Oct. 22.

Properties include office buildings, a luxury home, former bank branches, a small shopping center in Arapahoe County and a former technical school.

Marietta, Ga.-based John Dixon & Associates is managing the sales, which will include an option to bid online.

A Denver luxury home at 159 S. Dexter St., built in 2009, will be one of the properties for sale. The school, 42,992-square-feet large, is located at 1198 Boston Ave., Longmont.

If you are interested in finding Denver luxury foreclosures, auctions are usually not the best bet. Our team can help you bid on and negotiate with many of the banks that have these luxury homes available. Give us a call at 303-726-1874 to learn more about the options you have.

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