SOLD – Bank Owned

2578 S Fundy Cir

2578 S Fundy Cir

 

Nice bank owned home, all kitchen appliances included, nice open kitchen.  Vaulted ceilings, gas fireplace in living room, and a main level bedroom which can also be used as an office.  Minor TLC.  Call today for free recorded information.  (800) 475-1524 Ext. 3110

SOLD – 22054 E. Berry Place

22054 E Berry Place

22054 E Berry Place

 

Bank Owned Townhouse! Very nice open floor plan with hardwood floors. All appliances included. Nice back deck. Perfect for first time buyer or young professional. Call today for free recorded information. (800) 475-1524 Ext.2400

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SOLD

2241 S Truckee Street

2241 S Truckee Street

 

Very Nice, Clean Bank Owned Home! Complete with hardwood floors, all appliances included, including washer and dryer. Nice back deck. Call today for free recorded information. (800) 475-1524 Ext. 2590

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Second Lien Relief For Denver Real Estate

The Hightower TeamA second lien modification program will be implemented at the beginning of next year by Fannie Mae.  The borrower will need to be enrolled in the HAMP program to be eligible for the new program.  Housing Wire has published a great article outlining the expectations and what will be required of the borrower. 

The modification of the second lien will not become effective until the first-lien is modified through HAMP and the borrower has made all required 2MP trial period payments.

The Hightower Team specializes in foreclosure alternatives that are right for you, we are here to HELP!  Call us today!  303-325-5020

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Green River Financial Joins Forces With Equator

The Hightower TeamIn an effort to help streamline the short sale process Green River Financial has joined forces with Equator.  By doing this it will help the work flow process to ensure that everyone involved with be able to communicate effectively and negotiate terms of a short sale more quickly.  DSNews reports on the venture and shows how the new system will be affective for agents and buyers.

According to the company, other benefits of PRO Short Sale include automated tasking and decisioning that prioritizes activities, which will allow GRF to increase efficiency, reduce days on market (DOM), and cut operational costs.

The Hightower Team specializes in alternatives to foreclosure that are right for you.  Call us today! 303-325-5020

Denver Short Sales, Will They Ever Get Shorter?

The Hightower TeamJust when you thought the short sale process would get shorter, it actually might!  This has been a long time complaint of many Denver homeowners and Denver real estate agent.  The short sale process is meant to help people avoid foreclosure but because the process has not been streamlined it takes to long and people are getting frustrated.  REO Insider gives us some insight as to what is possible for the short sale process.

Real estate brokers — and homeowners – have long complained about the length of time it takes to get a short sale done.

The Hightower Team specializes in Short Sales, we are committed to helping our clients make the best decisions possible, contact us today! 303-325-5020

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Denver Home Buyers Get First Dibs

The Hightower TeamMove over investors, Denver home buyers are getting first dibs on Denver real estate.  Freddie Mac has improved their First Step program which will allow for Denver home buyers to get offers in before investors can bid.  REO Insider gives us some great information on the updated program.

The expanded program allows all potential owner-occupants, not just those working with an NSP grantee or nonprofit, to buy an REO property ahead of investors. Buyers are required to sign an affidavit agreeing to live in the house as their primary residence for at least one year. The pre-listing First Look program will remain in effect for the nonprofits.

Contact The Hightower Team today!  We are here to help.  303-325-5020

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Denver Short Sales Cheaper Than Denver REO

The Hightower TeamShort sales have been on the rise in the Denver real estate market.  As the Denver market shifts from REO to short sales we are noticing that more and more banks are starting to shift their thinking and working to make the process easier here is Denver.  Housing Wire shows us how it is becoming more cost affective for banks to work with the short sale rather than foreclose. 

The use of short sales as a loss mitigation strategy is rising as short sales tend to cut loss severity by 13% more than real estate owned (REO) sales, according to market commentary by risk analysis provider Clayton Holdings.

The Hightower Team specializes in Denver Foreclosures and Denver Short Sales, contact us today! 303-325-5020

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Should We Bring Back The Tax Credit In Denver?

The Hightower TeamWe want to know what your opinion is on bringing back another “Tax Credit”  for Denver real estate?  We feel that the media is creating a bit of uncertainty in the Denver market by suggesting that they are “thinking” about bringing it back.  We feel that people will put off buying because they think that something better is coming, even though RIGHT NOW is a great time to buy with interest rates at their lowest in 60 years.  MSNBC.com published and article on what the administration is pondering over.  let us know what you think!

The Obama administration has not decided whether it should resurrect a popular tax credit for first-time home buyers, Housing and Urban Development Secretary Shaun Donovan said on Sunday.

The Hightower Team is a great resource for Denver Real Estate, call us today!  303-325-5020

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Denver Real Estate, Lowest Rates In 60 Years

Denver Real EstateIt is hard to believe that there is actually something better out there than the $8,000 tax credit in Denver.  It is all over the news, in the newspapers and on the Internet!  NOW IS the time to buy in Denver.  Don’t believe everything that you read, the Denver real estate market is improving.  But there is still uncertainty in the Denver market and rightly so, we still have a ways to go before we are back in the saddle, so to speak.  Check out this article out today from the Denver Post

During the housing boom, people bought homes because they worried that prices would rise the longer they waited. Flip that around, and people may now be waiting to buy because they expect prices to go lower.

Thinking of buying or selling a home in the Denver Metro area?  Contact The Hightower Team today! 303-325-5020

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