Castle Rock HUD Homes and HUD Foreclosures
One of the goals of the Federal Department of Housing and Urban Development (HUD) is to provide affordable homes for people and especially families. This may include military veterans, police officers, teachers or people who are economically disadvantaged. Owning a home is the dream of many people in Castle Rock and throughout Colorado, and a HUD home can present the perfect opportunity for those people to buy and own a home of their own. Contact Kenna Real Estate
with any questions about qualifying for an FHA loan and purchasing a HUD home in Castle Rock, Colorado.
HUD homes refer to homes in Colorado which are owned by the Federal Department of Housing and Urban Development. The Federal Housing Administration (FHA) works with HUD to insure home loans made by banks and other lenders. If a homeowner defaults on a loan that is insured by the FHA, HUD may take possession upon foreclosure. These HUD owned homes and properties are then listed on the Multiple Listing Service (MLS) and sold at or below fair market value. A foreclosed, HUD-owned home may be just the opportunity you need to buy a home in Castle Rock at a drastically discounted price.
HUD Homes & Foreclosures in Castle Rock
HUD Homes & Foreclosures in Castle Rock2
There is a market for foreclosures, short sales, and HUD homes in Castle Rock, and Kenna Real Estate is highly familiar with the market. Kenna professionals keep tabs on the market in Castle Rock and can quickly find the right property. If you are looking for a fixer-upper, Kenna can find you a property with the financial upside that you seek. If you have specific amenities, features, and locations in mind, work with your representative to define your requirements. Given a specific set of
requirements, circumstances, and a budget, Kenna Real Estate is the ideal avenue for finding the home you want.
Only HUD approved real estate agents can preside over HUD transactions. Registered real estate brokers can place qualified bids on behalf of their clients to purchase a HUD listing. Usually those buyers who plan to occupy the home have first priority in the bidding. After that period, any investor or homebuyer may make a bid through a HUD approved agent or broker. Financing for a HUD home
purchase can be pursued through the FHA or through more conventional financing outlets such as a bank or mortgage broker. If you have questions or concerns about securing financing, contact Kenna Real Estate to discuss your options.
Foreclosures, short sales, and HUD owned homes are a great entry point to live in the beautiful and quiet community of Castle Rock. This town in Douglas County used to be home to cowboys, ranchers and farmers. Castle Rock gets its name from the large butte that sits right in the middle of town. In recent years, development in and around Castle Rock has grown significantly. What used to be a cow town is now a vital community with outlet stores, shopping, restaurants, bars, recreational centers, and medical facilities that are second to none.
Castle Rock is just 15 minutes from Denver and the Denver Tech Center. Colorado Springs lies about 30 minutes to the south. There are multiple public golf courses in Castle Rock and some fabulous country clubs also in the area. The world-renowned golf courses of Castle Pines lie just to the north. Douglas County schools provide K-12 education in a safe and supportive environment and there are also several private schools to choose from. The amenities and infrastructure of the Denver Metro Area are well within reach, as well as the pristine wilderness areas of the plains and mountains of greater Colorado.
Kenna Real Estate Knows HUD Homes in Castle Rock Colorado.
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Listing information last updated on July 4th, 2020 at 4:31pm MDT.