Sunday, January 31, 2010

Crip's HUD Report 1/29/2010: Six Bedroom Edition

Hello y'all.  There's simply too much to get to this week and I've wasted 3 seconds of your time already, so quickly prepare yourself for...

THE NEW HUDS FOR 1-29-2010 
click for pics of all the properties!


508 Leo Court, Fort Collins: $121,500. 3 bed, 1 bath, 988 sq ft, 1978. Back again.  Rather than describe this little fixer-upper in south Fort Collins, I'll just ask that you watch the video and draw your own conclusions.  Can you find a cheaper house in Fort Collins?  Possibly.  Will it be as good a deal as this one?  Doubtful.  Reminder: this one qualifies for the $100 down incentive with a repair escrow of $3300 for "replacement of bathroom fixtures and replacement of the electrical meter."  Bids due Tuesday 2-2-10.
Pics: http://captainfantasy.shutterfly.com/11480
Video: http://www.youtube.com/watch?v=CXfOVajj50Y
Click here for more info or showing.

428 E 28th St Ln, Greeley: $100,000.  3 bed, 2 bath, 1098 sq ft over full unfinished, 2006.  This corner-lot ranch sits two blocks south of last week's property at 330 E 28th St Rd and is nearly identical.  The carpet needs a good cleaning (or replacement) but outside of that it is ready to go.
The driveway is a downhill ski slope so approach with caution, or climbing spikes.  Fully FHA insured, ready to go for the $100 down incentive.
Pics: http://captainfantasy.shutterfly.com/11476
Video: http://www.youtube.com/watch?v=ssIKSK1J0Gs
Click here for more info or showing.

501 35th St Ct, Evans: $35,000. 3 bed, 2 bath, 1200 sq ft over a full, unfinished and mold-filled basement, 1985.  I didn't take any pictures or video of this place because, really, there's no point.  There's nothing redeeming about the house other than the price.  But if for some reason you desire a manufactured home that appears to have had at least three feet of standing water in the basement check this one out.
Strangely enough, I prefer the moldy basement to the main level.  Next...

2907 W 12th St, Greeley: $102,000.  6 bed (!), 2 bath, 1067 sq ft over full mostly finished, 1960.  Perhaps you remember our other listing at 2907 W 11th St Rd.  No?  Well, I make 18 comparisons to it in the video for this property, but just know they are identical structures with the notable difference of a garage on the subject property here.  There are also 3 bedrooms on the main floor (the 11th St Rd house has a pseudo-master that was conjured by knocking down a wall, thereby conjoining two bedrooms).  The wood floors on the main level are in great shape
and it is simply just dated overall.  It has a covered patio, a decent fenced yard and is, again, totally FHA insured making this one an easy buy for the $100 down incentive.  Looking in Greeley?  Like the 60's brick ranches?  Look no further.
Pics: http://captainfantasy.shutterfly.com/11461
Video: http://www.youtube.com/watch?v=1uiTOtD9-84
Click here for more info or showing.

2220 A Street, Greeley: $77,000.  5 bed, 2 bath, 1792 sq ft, 2000.  Other than the mold-trailer that is 501 35th St Ct, this is the most beat-down of this week's inventory.  However, all of the repairs are cosmetic in nature, and there's actually quite a bit of house here for the money.

It is a bi-level in north Greeley with a fenced back yard, 2 car garage and an abundance of rooms, and there's also the remains of a kitchen in the lower level.  I don't think you'd want or can use it as a duplex, especially with the sole laundry area being in the lower bathroom.  If you don't mind ugly and like some value, check this one out. Fully FHA insured, ready to go for the $100 down incentive.
Pics: http://captainfantasy.shutterfly.com/11444
Video: http://www.youtube.com/watch?v=DpYoDXXJvuk
Click here for more info or showing.

24631 Railroad St, Eaton: $55,000. 3 bed, 2 bath, 1500 sq ft, 2004.  Our only UNINSURED property this week sits in the Camfield subdivision NE of Eaton.  The home itself is in exceptional condition
(scope the video and pics to see) but what lies beneath is the source of its meager price.  HUD writes: "Manufactured home has propane, well & septic systems. The separation distance between well & septic may not meet HUD guidelines per appraiser. Plumbing lines may have freeze damage. Fill dirt is needed on west side of house for drainage. Propane tank for HVAC is missing."  If this is right up your alley, let me know.  Incidentally, the location of this place in terms of Camfield is about as desirable as you can get - it's in the SW corner of the subdivision at the end of the road.
Pics: http://captainfantasy.shutterfly.com/11428
Video: http://www.youtube.com/watch?v=9pXskE487yk
Click here for more info or showing.

5450 County Road 74, Carr: $160,000. 4 bed, 3 bath, 2052 sq ft, 1998.  Situated on 35 acres!  It is also a rare HUD manufactured home that qualifies for the $100 down incentive with a $1980 repair escrow for plumbing, heating and repair of the crawlspace access.  Want a well?  Want some acreage?  Want to get in for $100 down?  Want to live in a ghost town?  Dreams can come true.

41616 Highway 125, Cowdrey (near Walden): $99,000.  3 bed, 2 bath, 1999 sq ft over full basement, 1975.  Ah yes, back on the market for the 3rd time.  And while I don't know the particulars of why it keeps coming back I do know the house needs some work, more than the minor repair escrow of $220 implies (incidentally, the $220 is for a toilet.)

Price Reductions

2229 Durango Dr, Loveland: $160,200.  2 bed, 3 bath, 1576, 1986.  Interesting joint this one.  On the one hand, it is very clean and intact throughout, if not very, very orange.  It has a nice deck with a hot tub, a river rock hearth,

a decent-sized kitchen
and a great location.  On the other hand, it is merely a 2 bedroom, and because of the tri-level layout I'm not sure how you'd squish in another bedroom unless you count the entire lower level as a massive master suite (and I would).  Now offered at a killer price (down from $178,000) so check this one out. Click here for more info, pics or a showing.  Bids due Tuesday 2-2-10.
2441 W 9th St, Greeley: $95,000. 3 bed, 2 bath, 1652 over partial finished basement, 1929.  Initially listed as a fully FHA-insured sale, this one comes back to us UNINSURED because of lead-based paint remediation costs exceeding $4,000 (this is a new rule, if you don't know).  Other than that the house should be fine, and indeed it is a fairly sharp house on the inside with a bit of a funky, old 2-story layout.  The exterior has a quaint Dr. Seuss kind of thing happening with that sloped roof, and because it sits on the corner of 9th St and 25th Ave the massive 2-car garage is accessed from the side street.
I liked it before and I still do. Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/10593  Bids due Tuesday 2-2-10.


That's going to do it for this week!  If I haven't mentioned it before (and I'm pretty sure I have) these go fast, so act quickly if you are even mildly interested.  Believe me, I tend to undersell these things.  Most of the HUDs are remarkable deals, and combined with the $100 incentive they are literally the best deals around.  As always, you can go to my website http://www.cripscribs.com/hud.html and search the entire state's HUD inventory.  Comments, questions and showings please send an email or call me at 970-988-5634.  Have a great week! Crip

Saturday, January 23, 2010

Crip's HUD Report 1-22-2010: Come Fly With Me Edition

Greetings HUD/Sinatra fans.  A week of solid deals always does wonders for the soul.  What makes it even better?  Putting some of them under contract.  I'm confident more than a few of you will want to float down to a HUD or two after you check out...


THE NEW HUD LISTINGS FOR 1-22-2010  
click for pics!
 

Relist: 675 E 4th St Rd, Eaton: $122,000. 3 bed, 2 bath, 1130 over full unfinished basement, 2002.  Again, thanks to the Google Police, my initial description of all our relists is forever gone into the ether of the internets.  But thanks to my razor sharp memory, I can tell you this Eaton Commons ranch is in good shape with an unfinished basement set up for another two bedrooms and a full bath.  Like the other HUD on 4th St Rd (under contract) this one also backs to grain fields.
Expect this to get a bunch of interest once again.  Insured with a repair escrow of $550. Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/11182

347 Red Bud Ct, Eaton: $174,000. 3 bed, 2 bath, 1962 sq ft, 2001.  Yet another in Eaton Commons, this one is an extremely clean, fully insured tri-level with a three car garage.  It sits at the end of a cul-de-sac, has a big pie-slice shaped yard and even has all the remotes for the garage door opener and ceiling fans. 
If you want a move-in condition property, complete with kitchen appliances, look no further. Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/11377

109 S Washington Ave, Fort Collins: $128,000.  1 bed, 1 bath, 912 sq ft, 1918.  "So let me get this straight Crip," you ask, as I wipe the spit from my face. "This house is exactly one door south of Mountain, and it's just west of Loomis, which basically makes it Old Town.  Shouldn't I be writing an offer of $175,000 on it?"  Well, this isn't your cutesy Old Town property, let me just make that clear.  It's a bizarre, skinny two-story with a tiny kitchen and tinier dining area.  The upper level is home to the bedroom and the bathroom.  If I were writing a fluff piece I might say it has an Upper Level Master Suite.  Then again, it would be hard to fluff the rest of the joint.

A buyer may not be able to get it financed (although HUD says it is 203k eligible) and the list of repairs are substantial.  But I do feel that, based on location alone, this will be a heck of an investment.  Especially when one considers the house next door that is getting completely rehabbed.  Click here for more info, pics or a showing.  Bids due Tuesday 1-26-10.


318 Starling St, Fort Collins: $195,000. 5 bed, 3 bath, 1486 over full mostly finished basement, 1983.  Here's the popular one.  If you are at all interested in this one please know there are several other people/agents looking at it.  The neighborhood is nice and I actually enjoy the layout of the house.  It does suffer from probably the dumbest finish I've yet seen on kitchen cabinets.   Scope the pics and video to see - they look absolutely filthy, but I believe that could be more of the textured spray paint finish than actual grime.
 
The biggest problem with this house?  There are two: The aforementioned interest in the property and some wood rot I noted around the house.  Please be advised.  Qualifies for the $100 down incentive with a $1760 repair escrow for furnace and balcony (!) repair.  Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/11404  Bids due Tuesday 1-31-10.

1725 5th Street, Greeley: $68,000.  4 bed, 1.5 bath + prison bath, 1880 sq ft over partial basement apartment, 1949.  Where do I start with this place?  The main floor is essentially a sprawling bungalow of a house with holes everywhere, a retro-riffic kitchen and about 35 different colors and patterns everywhere.  The roof is toast, as is just about everything else, hence the note: "a mold like substance is in the basement, remediation needed. Heating & plumbing need repair; water heater needs replacement. Soffit, fascia & bedroom window need repair. Subject backs to mobile home park; 5th Street has traffic noise."  And let's talk about that basement, shall we?  There's access to it via a door on the west side of the house, and the access to it from the main floor was left open.  (Watch me contort myself to get down there in the video.)  What's down there consists of a decent-sized kitchen, two smallish bedrooms, a scary, cramped bathroom that I don't think I could physically shower in, a third room that basically serves as the entrance and a dining room/living room.  The entire basement apartment occupies just over 800 sq ft.

  I shall speak no more of this place. Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/11345  Bids due Tuesday 1-31-10.

2307 W 24th St Rd, Greeley: $77,000.  3 bed, 1 bath, 1032 sq ft, 1956.  This decent little ranch has wood floors throughout and is in above average condition, evidenced by the repair escrow of $550 for plumbing repair.

It has a nice fenced yard, some storage and a one car garage, and I would call this one a slam dunk if not for 23rd Avenue being a 7 iron from the front door.  If you don't mind a bit of traffic noise with your Chocolate Cheerios, check this place out.  Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/11301  Bids due Tuesday 1-31-10.


Relist: 1611 14th Avenue, Greeley: $77,600.  4 bed, 1 bath over 1 bed, 1 bath, 1641 sq ft main level, 1951.  One one hand, I enjoy selling HUDs.  On the other hand, I'm honest to a fault.  And speaking of faults, there's a gigantic one that runs just diagonally across the SE corner of this property.  Because of it I suspect future owners of this property will have perpetual heaving of their sidewalk and perhaps even foundation issues.  The real news here is the basement apartment (which is insanely dark, like being in Jewel Cave when they switch the lights off),  Beyond that, there are other more compelling properties to gather 'round.  Click here for more info, pics or a showing. Pics: http://captainfantasy.shutterfly.com/10672  Bids due Tuesday 1-26-10.

Relist: 2431 Arbor Ave, Greeley: $79,000. 2 bed, 1 bath, 1768 sq ft, 2007.  Not a misprint - this is a 1768 sq ft home with only 2 beds and 1 bath.  It is a bi-level, and the entire lower level contains nothing.  Could you finish it off and make a tidy profit?  I don't see how, but if you're an owner occupant looking for such a project over the long haul you may want to consider it. Click here for more info, pics or a showing.  Bids due Tuesday 1-26-10.

Relist: 2441 W 9th St, Greeley: $95,000. 3 bed, 2 bath, 1652 over partial finished basement, 1929.  Initially listed as a fully FHA-insured sale, this one comes back to us UNINSURED because of lead-based paint remediation costs exceeding $4,000 (this is a new rule, if you don't know).  Other than that the house should be fine, and indeed it is a fairly sharp house on the inside with a bit of a funky, old 2-story layout.  The exterior has a quaint Dr. Seuss kind of thing happening with that sloped roof, and because it sits on the corner of 9th St and 25th Ave the massive 2-car garage is accessed from the side street.
I liked it before and I still do. Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/10593  Bids due Tuesday 1-26-10.


504 N 28th Ave Ct, Greeley: $98,000. 2 bed, 1.5 bath, 1062 sq ft, 2001.  This townhouse/half duplex sits just north of C Street and is fully FHA insured, meaning it qualifies for the $100 incentive with NO repair escrow.  That doesn't mean it's perfect (it needs carpet and paint as well as a cabinet door) but the repairs are largely cosmetic.
Highlights include the attached 2 car garage and a long fenced yard. Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/11359  Bids due Tuesday 1-31-10.


330 E 28th St Rd, Greeley: $100,000. 3 bed, 2 bath, 1082 sq ft over full unfinished bsmt, 2005.  This is yet another fully FHA insured property that qualifies for the $100 down incentive with NO repair escrow.  This one features a master bath, fenced yard, 2 car garage and a pleasant, brown exterior.  And where else can you get a 5 year old house for $100k that isn't trashed? 
And with a $100 down payment, no less. Click here for more info, pics or a showing.  Pics: http://captainfantasy.shutterfly.com/11317  Bids due Tuesday 1-31-10.


Price Reductions

1. 507 17th St, Greeley: $24,000. 2 beds, 2 bath, 520 sq ft (!), 1948. Little, yellow, different. It is fairly intact but has a bit of mold growing in the NE bedroom. The living room floor kinda feels like they put the laminate flooring over existing carpet, and you can run from the front door to the back deck in .3 seconds. The detached garage is made of cement block and is about as big as the house, perhaps larger. Did I mention this place is small? Video:
Bids due Tuesday 1-26-10.  Update: Apparently there is a large hole that has been cut into the foundation, as if somebody were trying to tunnel from the cellar to freedom.   Click here for more info, pics or a showing.

2. 4329 Lake Mead Dr, Greeley: $81,000.  3 bed, 1 bath, 1080 sq ft over full unfinished.  Yes I have it listed as a 1 bath but there is a separate operational toilet in the basement, and by that I mean just a toilet all by itself - no walls, not even a magazine to keep you company.  This Hill-N-Park ranch presents with some common HUD home quirks: Bright orange bedroom, nasty carpets, completely trashed insulation in the basement, and you'll certainly play a game of "Which one's the master?"  My last showing of this house elicited laughter.  C'mon, I don't set the prices folks!  And I should point out that this one will likely get reduced next week.  Update:  I was right.   Bids due Tuesday 1-26-10. Click here for more info, pics or a showing.

3. 705 Collins Ave, Eaton: $88,000.  3 bed, 2 bath, 1266 sq ft, 1958.  This brick ranch sits in the geographical heart and center of Eaton, which is right on the main drag.  For you Fort Collins folks, think east east east Harmony.  This one has an amazing view from the front door as it overlooks some fields,

producing some dazzling sunsets.  It doesn't have much of a back yard and is fairly dated,
but I would still check this one out if you're looking in Eaton.  Bids due Tuesday 1-26-10.  Click here for more info, pics or a showing.

That's going to do it for this week!  Please give me a call or drop me an email should you have any questions on these.  And I can't stress this enough: these go fast, so act quickly if you are even mildly interested.  Believe me, I tend to undersell these things.  Most of the HUDs are remarkable deals, and combined with the $100 incentive they are literally the best deals around.  Talk to you soon, Crip

Saturday, January 16, 2010

The RETURN!


Hey folks! Perhaps you've wondered where the Blog went. Well, thanks to Google's overzealous robots it was basically erased. I've tried to get it back, unsuccessfully, since the premiere of Avatar. It obviously hasn't happened so I'm starting it from scratch. If it happens again GOODBYE BLOGGER.

As a way to familiarize everyone with what happens here, this is a blog, my name is Crip, and I take care of our HUD listings here in Northern Colorado. I get the lists first, I get out to the properties shortly thereafter, and I field tons of calls on the HUD properties. I also try to sell as many of them as I can, and I personally know of nobody around these parts that sells as many as I do. In short, you may call me your HUD expert.

The last few weeks (Christmas and New Year's included) have seen a relative shortage of compelling HUDs, so I figured I would take this opportunity to write up EVERY SINGLE ACTIVE HUD IN NORTHERN COLORADO.  Enjoy the...


ACTIVE HUD LISTINGS AS OF 1-15-2010


1. 507 17th St, Greeley: $27,000. 2 beds, 2 bath, 520 sq ft (!), 1948. Little, yellow, different. It is fairly intact but has a bit of mold growing in the NE bedroom. The living room floor kinda feels like they put the laminate flooring over existing carpet, and you can run from the front door to the back deck in .3 seconds. The detached garage is made of cement block and is about as big as the house, perhaps larger. Did I mention this place is small? Video:
Bids are due Tuesday 1/19/2010. Click here for more info, pics or a showing.
2. 61515 4th St, Carr: $37,800. 4 bed, 2 bath, 1379 sq ft, 1999. This manufactured home in Carr obstinately persists in our inventory. I recall saying something insanely clever about the neighborhood once upon a time, but I can't recall what it was. Damn you Google. Damn you.  It has a nice garage.
Now I'm done. Click here for more info, pics or a showing.
3. 1117 4th St, Greeley: $34,200. 4 bed, 1 bath, 1105 sq ft over 756 sq ft mostly finished basement. Just reduced.  This is the little joint that has foundation issues in the SE corner. You may call it a daylight basement as you can see daylight through the foundation.
Anyone brave enough to take this thing on will do pretty well though. Video:

Bids are due Tuesday 1/19/2010. Click here for more info, pics or a showing.
4. 127 N 25th Ave, Greeley: $42,500. 3 bed, 1 bath, 912 sq ft, 1963. Perhaps HUD has their reasons, but this one is listed as a 2 bedroom. I can assure you there's three.
They're kind of small, but there's three nonetheless. The converted garage is a bummer (it's pointless)
and they suggest roof and electrical inspections. It also keeps coming back on the market, so approach this one with caution. Or delight, whichever better fits your demeanor.

Bids are due Tuesday 1/19/2010.  Click here for more info, pics or a showing.
5. 208 E Park Ave, Pierce: $64,000. 3 bed, 2 bath,1716 sq ft, 1998.  This is an uninsured manufactured home that HUD states "is located within 100 year floodplain, flood insurance is required. Roof replacement needed. The decks have deteriorated & warped boards. Exterior paint is deteriorated, scraping & new paint needed."  What's that about scraping?  Open to all bidders. Click here for more info, pics or a showing.
6. 1122 E 24TH St Ln, Greeley: $64,000.  3 bed, 1 bath, 1270 sq ft, 2002.  You may be wondering how in the world an 8 year old house can sell for $64,000.  You've obviously never read my HUD Report before.  This is a good example of a bi-level design where the lower level is consumed mostly by the garage and utility area.  The upper level isn't terrible, and the house is actually fairly intact save the $220 repair escrow meant for repairing the front door jamb.  The temporary repair involved building a makeshift door out of plywood.  Attractive.  Bids on this one are due Sunday night, 1/17/10 so act quickly.  Click here for more info, pics or a showing.
7. 37266 WCR 65, Galeton: $66,000.  3 bed, 2 bath, 1623 over full basement w/ some finish, 2001.  First: "Manufactured home connected to a shared well. Appraiser recommends a survey of the septic tank to determine if it is buried deep enough and if it meets lot line requirements. Foundation inspection recommended due to moisture in the basement- may include replacement of gutters and regrading. Plumbing and heating systems are inoperable. Buyer must obtain permit and correct county code violations: shingles coming off roof, deck is unsafe, mold-like substance in basement, and loose electrical receptacles."  Need I say more?  By the way, the gentleman that supposedly shares the well doesn't much care to share it.  He's also given me a bunch of other invaluable info.  My advice?  Unless you want to pay cash to buy something that needs major work out in the middle of nowhere (and yet be somewhat close to your neighbors), I'd pass.  And yes I've been in this one.  Open to all bidders. Click here for more info, pics or a showing.
8. 2307 Apple Ave, Greeley: $79,000.  3 bed, 2 bath, 1600 sq ft, 1996.  This East Greeley bi-level is in need of a bit of love (and an air freshener or two) and the previous sure did like their ceiling fans (there's 3 in the lower family room).  On paper it has it all though: 2 car garage, fenced yard, the right # of beds and baths and the right price.  Open to all bidders. Click here for more info, pics or a showing.
9. 31322 4th St, Gill: $84,000.  3 bed, 2 bath, 1432 sq ft, 1997.  This one has been around since July when we first listed it for $120k.
I still think it's an awesome house for the money (but it is in Gill).  It's in great shape, has a decent master suite and sits on a large lot with a septic system (and a buried whale).
  Open to all bidders.  Click here for more info, pics or a showing.
10. 2907 11th St Rd, Greeley: $88,000.  5 bed, 2 bath, 1080 sq ft over full mostly finished basement, 1959.  This brick ranch features some wood floors, a fenced yard and of course 5 bedrooms.  It's listed as a 2 bed, 1 bath which is one of the reasons it is still on the market.  The other is the lack of a garage.  If that isn't a big deal to you, check this one out asap.  Bids are due Tuesday 1/19/2010.  Click here for more info, pics or a showing.
11. 4329 Lake Mead Dr, Greeley: $90,000.  3 bed, 1 bath, 1080 sq ft over full unfinished.  Yes I have it listed as a 1 bath but there is a separate operational toilet in the basement, and by that I mean just a toilet all by itself - no walls, not even a magazine to keep you company.  This Hill-N-Park ranch presents with some common HUD home quirks: Bright orange bedroom, nasty carpets, completely trashed insulation in the basement, and you'll certainly play a game of "Which one's the master?"  My last showing of this house elicited laughter.  C'mon, I don't set the prices folks!  And I should point out that this one will likely get reduced next week.  Currently open to all bidders. Click here for more info, pics or a showing.
12. 705 Collins Ave, Eaton: $99,000.  3 bed, 2 bath, 1266 sq ft, 1958.  This brick ranch sits in the geographical heart and center of Eaton, which is right on the main drag.  For you Fort Collins folks, think east east east Harmony.  This one has an amazing view from the front door as it overlooks some fields,
producing some dazzling sunsets.  It doesn't have much of a back yard and is fairly dated,
but I would still check this one out if you're looking in Eaton.  Open to all bidders.  Click here for more info, pics or a showing.
13. 310 Main St, Briggsdale: $103,000.  4 bed, 2 bath, 2280 sq ft, 2002.  Our sole new listing this week is this MASSIVE modular home right in Briggsdale proper.  HUD calls it a manufactured home, but it doesn't appear to be one to me.  It sits on just over a quarter acre and, in a rare turn of events, is completely FHA insured, meaning this one will go $100 down.  Bids due Sunday, 1/24/2010.  Click here for more info, pics or a showing.
14. 1220 Eilene Pl, Loveland: $117,000.  4 bed, 2 bath, 1515 sq ft, 1978.  Here's a great example of a fixer-upper in Loveland.  Just about every fixture would need to be fixed, every floor would have to be refloored, every wall would need to be, er, rewalled.  You get the idea. 


Wait - you don't?  Scope the video:

Also, HUD writes: City of Loveland requires the electrical meter box be replaced by licensed electrician with permit from city.The plumbing system is also noted as having a leak.  So why does it keep going under contract?  First scope the price, then check out the comps.  And the location on this one is fairly solid.  Bids are due Sunday 1/19/2010. Click here for more info, pics or a showing.
15. 4020 Glenarbor Ln, Fort Collins: $130,500. 3 bed, 2 bath, 1446 sq ft, 2002.  This would be a 2-story KB-built home in Waterglen.  Water is kind of a running theme with this house, as I'm going to guess there was water damage throughout the home at some point in time.  Heard anyone calling it move-in ready?  I'd be wary.  The texture is bubbly and crumbling throughout.  HUD has also flagged the plumbing and furnace.  But if you're chomping at the bit (or don't mind some work) gimme a call. 
I'd advise a mold test, too.  Click here for more info, pics or a showing.
16. 915 S Tyler Ave, Loveland: $131,200.  5 bed, 2 bath, 1990 finished sq ft, 1966.   This colorful south Loveland brick ranch is in dire need of cosmetic surgery and a kitchen update.  It has a fireplace, a couple of living rooms, a huge built-in desk in one of the bedrooms, a big fenced yard and a 1 car garage.  This would be perfect for an owner occupant looking to cash in on not only the $100 down incentive but the tax rebate as well.  Open to all bidders. Click here for more info, pics or a showing.
17. 4240 S Laurel, Evans: $140,000. 4 bed, 3 bath, 2236 finished sq ft, 2002.  This is a stunning example of a HUD house in ALMOST move-in condition.  It has an attached two car garage, and the wood floors are sharp, if not noisy.

As far as issues, HUD states the kitchen sink and plumbing needs to be replaced, and there's one hole in the wall near the main floor bathroom.  Act fast - bids are due this Sunday, 1/15/2010. Click here for more info, pics or a showing.
18. 16398 WCR 86, Ault: $148,000.  4 bed, 2 bath, 2072 sq ft, 1999.  The main dwelling for this house is a manufactured home HUD has declared uninsured.  Of course, whomever lost the house had an FHA loan on it, so we can safely assume there's a way to finance the place.  There's a secondary, and probably original, house on the property that is cinder-block built with 2 beds and a 3/4 bath (and a beat-up kitchen).
  The garage is the wild card in all of this - it is basically a 3 car garage with an attached shop AND an attached loafing shed.  If you want a little bit of land (3.5 acres)
and plenty of options, check this one out.

It is located just west of 85, north of Ault about a minute.  Click here for more info, pics or a showing.
19. 2229 Durango Dr, Loveland: $178,000.  2 bed, 3 bath, 1576, 1986.  Interesting joint this one.  On the one hand, it is very clean and intact throughout, if not very, very orange.  It has a nice deck with a hot tub, a river rock hearth,
a decent-sized kitchen
and a great location.  On the other hand, it is merely a 2 bedroom, and because of the tri-level layout I'm not sure how you'd squish in another bedroom.  Don't need three bedrooms?  Check this one out. Click here for more info, pics or a showing. 
20. 4785 Sunvalley Dr, Loveland: $178,000.  5 bed, 3 bath, 1144 sq ft over 1144 mostly finished.  This Windsong N Loveland ranch is likely to get a price reduction.  Yes there's a lot to like here, but a lack of carpet on the main floor
and a wonky master suite layout ain't doing it any favors.  The basement hides 2 bedrooms and a bath (it is of course listed as a 3 bed, 2 bath), the washer and dryer are STILL THERE and there's a two car attached garage.  Pick this one up if you don't mind moving in and doing some fix-up along the way.  Investors will likely hold off until the price reduction.  Click here for more info, pics or a showing.

    That's all the stuff we have! I have many more pictures of each property, but thanks to the ROBOTS I'm a bit gun shy about linking them. Thanks for reading, and like the last incarnation of The HUD Report, I look forward to hearing from you and please feel free to leave or email comments it is always a work in progress.  If you'd like to receive these automatically let me know and I can set you up on an auto-search for any HUDs, REOs or just your dream house in general.  You can also check out my website http://www.cripscribs.com/hud.html and actively search all of the current HUD properties.   Or you can set yourself up for Dream Home search by going to http://www.cripscribs.com/dreamhomefinder.html  Have a great week!  Crip