The Brian Petrelli Team Blog

This is great news for anyone looking to buy or sell a home. We have had a number of buyers contact us over the last few months that were just on the cusp of qualifying for an FHA mortgage, but because of the tighter mortgage regulations, were unable to qualify.

According to this article from Inman, it looks like the regulations are loosening up:

From Inman News: FICOs and FHA: 2 big lenders loosen up

Here’s some unexpected good news for anybody working to get buyers into houses, especially first-timers who don’t have much down payment cash on hand: The door to an FHA-insured mortgage just opened a little wider.

With no fanfare or public announcements, two of the largest FHA-approved lenders have backed off their controversial “overlay” requirements on FICO scores (lender overlays are qualification requirements that can be more stringent than FHA’s own requirements).

Both Wells Fargo and Quicken Loans confirmed to me last week that they will now lend to applicants with 580 FICOs and 3.5 percent down payments.

Read it all at the link.

If you’re looking to take advantage of the fantastic mortgage rates, give our team a call at 303-726-1874 and we’ll help you get started and get a great deal on a home.

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

Our team is excited to announce our new listing at Franklin Street Condos Denver! This is a completely remodeled 1 bedroom condo in a very popular area in Denver! Walking distance to shops, restaurants, 2 hospitals and much more!

With hardwood floors, exposed brick, new kicthen, new bath, new windows and more this home will not last long. This is one of several Denver Short Sales our team has listed right now.

If you’re interested in learning more about Denver Foreclosures or other Denver condos, give us a call at 303-726-1874 today!

Franklin Street Condos Denver

1760 n franklin st denver, CO 80218 $99,900.00

Beds: 1      Fin Sq Ft: 530 Baths: 1     Year: 1905 # of Photos Avail: 5 V-tour Available:  No MLS #: 965327 Listing Office: mb the brian petrelli team

Broker Remarks: completely remodeled, filled with character, gleaming hardwoods, exposed brick, new kitchen, bath, windows. high walk sc… more… Disclosures

Woodmar Village in Littleton is located just west of Wadsworth between Coal Mine and Bowles. Homes for sale in the neighbrohhod typically list between the mid $100’s to the mid $200’s. Built in the 1970’s, this is a well established neighborhood centrally located to everything Littleton has to offer.

We have been showing a number of Littleton Foreclosures in this area, and right now there is a HUD home in Woodmar listed for only $160,000 with over 1,700 square feet. You can call our team at 303-726-1874 to see this home today.

 Woodmar Village

HUD Owned Home 6456 s cody way littleton 80123 $160,000.00

Beds: 4      Fin Sq Ft: 1720 Baths: 2     Year: 1973 Acres: # of Photos Avail: 4 V-tour Available:  No MLS #: 964592 Listing Office: domaine real estate

Broker Remarks:  desirable littleton home with large kitchen and familyroom. nice fenced yard with large covered deck. great location. … more… Disclosures

 The Brian Petrelli team can help you in your search for Littleton short sales or any other Littleton homes for sale. Give us a call today: 303-726-1874

 Over the years, our team has sold a ton of units in Dakota Station condos. This great complex of Littleton condosis located just north of Chatfield rd, east of Kipling.

This complex has several “phases” and a number of different styles. Currently, HUD has a larger, 2 bedroom townhome in the complex for only $120,000. This is one of the newest units in the complex and offers nearly 1,300 square feet.

If you’re in the market for Littleton foreclosures, or Littleton short sales, you need to put this home on your short list. This is a fantastic price for this home. Give us a call at 303-726-1874 to see this home.

 Dakots Station Condos:

HUD Owned Home 9609 w chatfield ave littleton 80128 $120,000.00

Beds: 2      Fin Sq Ft: 1266 Baths: 3     Year: 1997 # of Photos Avail: 5 V-tour Available:  No MLS #: 964883 Listing Office: elist realty, llc

Broker Remarks: open 2 bedroom, 2.5 bath townhome with small fenced bakyard. home features a spacious kitchen, formal dining, and gas fi… more… Disclosures

 You can see all Littleton Homes for sale on our website or give us a call at 303-726-1874 to get a personalized list of homes.

Belmar Condos Lakewood CO

Our team has this 2 bedroom, ground floor condo on the market in Lakewood. This home is in great condition with wood floors, a fireplace, 1 car garage and an updated bathroom – all for just $117,900!

 This home is less than a block from Wadsworth, but does not back to it (no street noise). This ideal location provides easy access to bus routes, shopping and more.

If you are in the market for Lakewood condos, you owe it to yourself to check this home out. Call us at 303-726-1874 to see it today. 

970 s yukon st lakewood, CO 80226 $117,900.00

Beds: 2      Fin Sq Ft: 893 Baths: 1     Year: 1986 # of Photos Avail: 5 V-tour Available:  Yes MLS #: 940038 Listing Office: mb the brian petrelli team

Broker Remarks:  fantastic home in great condition with new wood floors, updated bathroom, 1 car garage and more. ground level home with … more… Disclosures

 In addition, if you’re interested in other Lakewood homes for sale, Lakewood foreclosures or Lakewood Short Sales, check out our website or call our team at 303-726-1874.

Our team has been showing a number of clients homes in the Northern Denver area. One of our clients has been looking at Thornton condos and we came across this new HUD listing in the Villages North Thornton.

 This is a 3 bedroom, 2 bathroom townhome with 1,230 square feet. It has a one car, attached garage and low HOA’s ($133 a month).

The Villages North Thornton townhomes are found just north of 88th ave and west of Colorado blvd. I-25 is only 2 miles away and a park is just down the street.

If you’d like to see this home or any other Thornton Foreclosures, give us a call at 303-726-1874.

9275 welby road ter thornton 80229 $106,000.00

Beds: 3      Fin Sq Ft: 1230 Baths: 2     Year: 2001 # of Photos Avail: 5 V-tour Available:  Yes MLS #: 947531 Listing Office: sellstate allpro realty

Broker Remarks: nice townhome in a good community! update with carpet and fresh paint and this 3 bedroom unit will shine. property bei… more… Disclosures

 You can see all Thornton Short sales on our website.

Two brand new Littleton Foreclosures to tell you about today. Both of these are single family homes listed by HUD that just went on the market yesterday.

If you would like to see these or any other Littleton homes for sale, give our team a call at 303-726-1874.

Hillside Manor Littleton

 Found just east of Marston Lake in the Bow Mar area, Hillside Manor in Littleton is a popular area. Homes typically sell in the mid $200’s but this HUD home is listed for only $218,000!

5214 camargo rd littleton 80123 $218,000.00

Beds: 3      Fin Sq Ft: 2232 Baths: 3     Year: 1973 Acres: # of Photos Avail: 5 V-tour Available:  No MLS #: 963933 Listing Office: envision it sold, inc

Broker Remarks: great family home. lots of space. sun room with hot tub. large balcony. rv pkg. storage shed. large back yard. in need o… more… Disclosures

 Goldenwest Park Littleton

 Goldenwest Park is ideally located just off of Sante Fe near mineral. Across the street from this area is the Mineral Light Rail Station, South Platte Park and the Aspen Grove Shopping Center.

Homes in Goldenwest Park usually sell in the high $200’s all te way to the mid $400’s, but this HUD home is priced at just $260,000!

7371 s costilla st littleton 80120 $260,000.00

Beds: 3      Fin Sq Ft: 1918 Baths: 3     Year: 1974 Acres:0.21 # of Photos Avail: 5 V-tour Available:  No MLS #: 964006 Listing Office: keller williams dtc

Broker Remarks: hud home, sold as is w/no warranties. hud case # 052-461967 bid deadline 1/26/11 @ 11:59 pm-daily thereafter. open to … more… Disclosures

 Give our team a call to discuss tradition sales, foreclosures or Littleton Short sales at 303-726-1874.

Plum Creek Castle Rock homes for sale can sell for as high as the high $600s. This is a prestigious and highly sought after area in Castle Rock.

In addition to the single family homes, there are units available in Plum Creek Condos that typically sell from the mid $100’s to the mid $200’s. That’s what makes the condo listed below such a great deal. This is a two bedroom, 2 bath unit with over 1,200 square feet priced at just $80,000!

Listed by HUD, this is one of a handful of Castle Rock foreclosures that are priced to move quickly and will not last long. Give us a call at 303-726-1874 to see this home before it’s gone.

 Sawgrass at Plum Creek Condos

 The listing agent didn’t include a description, but there are a number of pictures of this home available to view on our website. Click the address below to see this and otehr Castle Rock condos.

HUD Owned Home 1575 olympia cir castle rock 80104 $80,000.00 est $

Beds: 2      Fin Sq Ft: 1234 Baths: 2     Year: 2004 # of Photos Avail: 5 V-tour Available:  No MLS #: 963782 Listing Office: mb cliff johnson realty

Broker Remarks:  … more… Disclosures

 To see this or any other Castle Rock condos, give our team a call at 303-726-1874.

Jewell Lake condos Lakewood typically sell in the mid $100’s. Currently, HUD has a townhome in this complex on the market for $120,000. We’ve been showing a lot of Lakewood foreclosures and Lakewood condos this month, and this is a great deal.

This home has 2 beds, 2 baths and a 1 car attached garage and over 1,100 square feet. Call us at 303-726-1874 to schedule a tme to see this home.

Jewell Lake Condos:

 Jewell Lake condos are located between Smith Reservoir and Cottonwood park, just off of W. Jewell ave. With easy access to C-470 and downtown Denver, this townhome is centrally located to take advantage of everything Denver offers.

10540 w jewell ave lakewood 80227 $120,000.00

Beds: 2      Fin Sq Ft: 1124 Baths: 2     Year: 1983 # of Photos Avail: 1 V-tour Available:  No MLS #: 962591 Listing Office: mb denver colorado realty

Broker Remarks: lakewood condominium 2 bed 2 baths, fireplace 1 car attached garage. call and make an appointment today. move-in ready c… more… Disclosures

 Call us today to talk about Lakewood short sales, foreclosures or any other homes in Lakewood at 303-726-1874.

Pay Attention! If you’re searching for Littleton Condos or townhomes, you will not find this home in the MLS. The reason? The listing agent listed this townhome only in the single family homes section of the MLS. However, this is a 3 bedroom, 3 bath home located in Columbine Townhouses Littleton.

Owned and managed by HUD, as with most Littleton foreclosures, this home needs a little work. However, with 2,000 finished square feet for under $150,000, this is an amazing deal. Plus, buyers searching for townhomes and condos won’t see it in the MLS unless they are also searching for Littleton homes for sale.

Give us a call today to see this home before anyone else can: 303-726-1874.

Columbine Townhouses Littleton: 

HUD Owned Home 7192 w portland ave littleton 80128 $146,000.00

Beds: 3      Fin Sq Ft: 2000 Baths: 3     Year: 1973 Acres: # of Photos Avail: 5 V-tour Available:  No MLS #: 963715 Listing Office: envision it sold, inc

Broker Remarks: great location facing park. lots of space. master bath. vaulted clgs. media room. bsmt br is non-conform br. fenced pati… more… Disclosures

 To talk about your options, give us a call to discuss foreclosures, Littleton short sales and more at 303-726-1874.