$68,000

2 Beds   1 Bath   698 Sq. Ft.   Single-Family

1595 Verbena St, Denver, CO 80220

Status: Inactive
Listing ID: 9754367

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Property Information

  • Price: $68,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 698
  • Lot Size: 0.00
  • Style: Ranch / One-Story
  • Heating Type: Gas, Forced Air
  • Year Built: 1948
  • Comments: HUD HOME SOLD 'AS IS' BY ELECTRONIC BID ONLY FHA#052-260273 AVAIL 4/25/08 BID DUE ON/ BEFORE 4/29/08 @11:59PM OR TIL SOLD NOT ON LOCK BOX -BUY KEY FROM LISTOR $2 $100 DWN/PYMNT OWNER/OCCUPANT WHO SUBMIT FU LL PRICEON FHA PRPTY/W/FHA FIN.SEE WEBSITE
  • Day(s) On Site: 5245
  • Subdivision: East Colfax Subdivision
  • Property Type: Single Family Dwelling
  • MLS Number: 620417

Potential Home Value

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Current Value
$68,000
Potential Value
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HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Listing History

Start Date End Date Listing Type Bank Name
04/25/08 04/08/08 Foreclosure
foreclosure.com

Verbena St
Denver, CO 80220

2 Beds   1 Bath   698 sq. ft.   Single-Family

$68,000

Status: Inactive Listing ID: 9754367

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=1595-Verbena-St-Denver-CO-80220

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