Tag Archives: reo

Denver Real Estate on Highest Performing Major Market List

By Kristal Kraft Denver Realtor | Published: June 10, 2011

In a report released by Clear Capitol this week, Denver is among the top 15 major markets in the country to experience a decline in REO inventory. “The latest Market Report results through May suggest that home prices are starting to ease back from the heavy declines seen over the winter,” said Dr. Alex Villacorta, [...]

Have we lost all common sense?

By Kristal Kraft Denver Realtor | Published: October 17, 2009

Here’s a parody of what it is like to purchase a bank owned home in today’s market. Sad but true the conversation is very realistic. Best enjoyed with a Cabernet or perhaps a nice stout beer. Unfortunately there’s so much truth to this it makes me want to cry.

Posted in Humor | Also tagged bank owned, colorado, Denver Real Estate, FHA, financing, investors, loans, real estate | 2 Comments

Denver Bank Owned Property

By Kristal Kraft Denver Realtor | Published: April 12, 2009

So, you’d like to buy a Bank Owned Property? 100 Real Estate & Relocation Tips in 100 Days (Day 49) There are some really good reasons to buy distressed property; however, there are a few things the average consumer should understand before making the attempt. Let’s begin with an understanding of the terminology: The properties [...]

Posted in Buyer Tips | Also tagged 100 real estate and relocation tips, bank owned, buying a home, colorado, colorado real estate, Denver Real Estate, foreclosure, home purchase, oreo | Leave a comment

How to buy a bank owned home in Denver, Colorado

By Kristal Kraft Denver Realtor | Published: April 11, 2009

How to buy a bank owned home in Metro Denver, Colorado 100 Real Estate Tips in 100 Days (Day 48) Denver, Colorado and the suburbs has an inventory of bank owned homes, also called REO’s or foreclosures. Buyers often express an interest in purchasing a bank-owned home for the DEAL they think they will get. [...]