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New Wholesale deals coming early next week.  I’ve identified 5 that look great on paper.  I am going to look at them and shoot some pics over the weekend, and will present the ones that are actually worth buying Monday or Tuesday. 

I hope all 5 will be worthy of our presentation, but that’s why we screen them for you!

Check back next week, or better yet subscribe and be notified automatically!

Have a great weekend!

Nationally, single family housing starts are down 6.7% on an annual basis, and are at the lowest levels since 1982!  This situation is actually good news for the real estate market and future of the housing industry.  This level of activity should help in bringing down the excess of inventory out there!

Another sign of improvement!  California’s foreclosure rate in February fell 15% from January!  Nationally, foreclosure filings DECREASED 4% from January to February. 

Some more interesting information, I just read from Brian Buffini and will summarize here.  There are many places in California and Nevada where the foreclosure rate is in excess of 4%, however the National average is 1.033%  Factor in that 30% of homes are owned free and clear the actual number of mortgage being foreclosed is closer to .7%.  Read the full post here.

Contact the Get Home Denver team for all your Denver Real Estate information!

While the bloodbath (bloodbath may be a little harsh) may be nearing an end, the data keeps pouring in and 2007 kind of sucked!  Almost 40,000 homes were foreclosed on in Colorado last year (39,915 to be exact), that breaks a record set only a year earlier.

So the Government and the Mortgage industry are close to figuring out the Foreclosure debacle.    The proposal now will give an extra 30 days to try and figure it out. 

In Colorado, that means that you can miss a couple payments, and then by law, the lender (through the public trustee) gives you a Notice of Election and Demand.  Then you have 110-125 days to cure the default.  

What are these extra 30 days going to do?  I guess if you are in the middle of it, right now, and you have done nothing to remedy the situation, then the 30 days breathing room might be great.  My guess is it means the person going into foreclosure will just get to live rent free for another 30 days!

The more pragmatic solution, would be for these mortgage companies to handle this mess on their own.  Hell, they created it!  If I were the CEO of one of the big guys, I would hire enough people and empower them to make wise (more…)

The Farm @ Arapahoe County

$75,000 below value! - 29% Discount!

• Listing Price in Mid $300’s
• 4 Bedroom
• 4 Bath
• 3036 Sq. Ft.
• Bank Owned

Click here to go to the Full Disclosure Information on this property. Including, Price, Address, Investment Analysis, and Market Analysis!

There are basically 3 types of people buying these properties currently.

1. Those looking to take advantage of this market and invest in real estate.

a. We have had people buy individually, and form small groups to buy through an LLC. (if you want info on how to do this, please let us know. We are happy to give you any info you’ll need to get started.)

2. Those looking to take advantage of this market and Move into a new home.

a. One caveat, if this is the category you fall in, you must be willing to keep your current home as an investment. These deals can NOT be contingent upon the sale of a property.

3. First Time Homebuyer’s

a. This is the best time in over 20 years to buy your first home. We have special mortgage arrangements such that the first time home owner, can purchase with little or no money down!

All of our Wholesale Property Opportunities are for our clients only, and are password protected. If you would like access to these special deals, please contact us for qualification, and the password.

Click here for our current available deals!

We’ve made the process very easy. First sign up to receive our blog feed. We will post every investor only opportunity here, and you will only be notified if you have subscribed. You can also check back on the site daily, if you choose, just not very efficient.

When a property is posted, you will have the ability to click on a link that will take you to the properties overview and analysis. This page is password protected, and will change monthly.

To get everyone started, this month’s password is “feb2008″, type it in without the quotes! Then starting around the beginning of March, I will send out a post telling everyone, that there is a new password. It will be necessary for you to contact us for the current password, as we don’t want all the detailed information out in the public eye. This would only create more competition for the properties! We want our clients to have first, and somewhat exclusive access to these deals. Without password protection, anyone with internet access could contact their own broker, and compete with you!

So there you have it. There will be a number of properties posted in the next day or so.

Click here for our current available deals!

Get ready to get a GREAT deal!

Well the news is in, Denver has gone from top 5 for foreclosures in the country, to the number 5 best market in the country. The bad news is the the number 5 market in the country declined in value by 3.1%, to achieve such lofty status.

The good news is, the Denver real estate market is trending in the right direction!

We compile a weekly list of some of the best deals in town. If you (more…)

First, we define wholesale pricing as 10%-50% below pricing levels in 2006 or earlier. With this in mind, there are many great options for real estate buyers RIGHT NOW!

Anyone who has been looking to move into a new home (and not sell their current property) or those interested in purchasing property for investment purposes, this is the time to act! We have a small window of opportunity to get into the best “Rich get Richer” market in 2o years!

Go to our wholesale property page to see how it works!

Interest rates are once again down to historic lows, and bargains are available (more…)

Everyone is screaming the sky is falling! The national and local press, “reporting” the facts, when they see fit, and not reporting them when they don’t! Sure the market is slower, appreciation is non-existent in most areas, and foreclosures are screwing up a large scale recovery.

However, Real Estate is a localized commodity. Every market is different. Colorado has been in a slow market for over 5 years! All while places like California, Florida, and Arizona were experiencing double digit annual appreciation. The country will not recover all at once. It will happen market by market.

Currently the Denver market is absorbing the foreclosures and inventory faster than it has in over 2 years! What is still a weak market, IS GETTING BETTER!

Whenever you have a weak market, it is also a huge opportunity. The Classic rich get richer market is (more…)