Saturday, July 31, 2010

Crip's HUD Report 7-30-2010: The No Money Down Edition

You read that correctly, a legitimate no money down loan exists.  Better yet, this loan has:
- No down payment
- No mortgage insurance
- Loan amount up to appraised value
- Payment assistance available
- 33 year term, with possible 38 year
- Availability to those with acceptable credit (not perfect)

The catch?  They must be rural properties, you cannot own a home at time of closing, and there are income limits.  Hit me up for more info or to get pre-approved for one of these loans.  My list of the currently eligible listings will appear at the end of this week's post,  but first let's check out those...

NEW HUDS FOR 7-30-2010
click for pics of all the properties! 



4416 S Shenandoah St, Greeley: $49,000. 3 (I say 4) bed, 2 bath, 1508 sq ft, 1996, 1 car attached, UNINSURED. Along comes one of the cleanest manufactured homes we've ever had in Hill-N-Park and lo and behold it won't go FHA. Why not you ask?  HUD notes: "One HUD certification label is missing from exterior. Subject is not permanently attached to foundation, permanently anchor frame to foundation. Repair/replace - crawlspace cover; deck stain; roof shingle."  Obviously, this had an FHA loan on it at one point in time, so I don't know if the house magically unattached itself or what.  Be advised!  And bring your cash.  Scope the video and pictures because this one is pretty nice on the inside, with all appliances included, the one car garage, and a gigantic shed in the backyard. 
Pics start right here: http://captainfantasy.shutterfly.com/13040   Owner occupant bids due 8-8-2010, investors daily thereafter if available.


3106 39th Ave, Evans: $141,000. 3 bed, 2 bath, 1317 sq ft over full half-finished basement, 2001, 2 car attached, $100 down with NO repair escrow.  This Ashcroft Heights ranch is fairly awesome.  The main floor is in great shape and really doesn't need anything in terms of repair but will require a couple of kitchen appliances.  The basement is half finished, and I don't mean half of the basement is done and the other half is not; rather, the entire basement has been framed and drywalled and the bathroom also has a tub but that's about it.  It is set up to have another two bedrooms, the full bath, a gigantic living room and two storage areas.  So, some finish and trim work on your part could result in a lovely 5 bedroom, 3 bath home in one of Greeley/Evans most value-packed neighborhoods.  Check it out if you're in the hunt. 

Pics start right here:  http://captainfantasy.shutterfly.com/13042  Owner occupant bids due 8-8-2010, investors daily thereafter if available.  

2433 Bearwood Ave, Greeley: $72,000. 3 bed, 2 bath, 846 sq ft over full 25% finished, 2002, 2 car attached, $100 down with $1925 repair escrow for flooring.  This East Meadows ranch is listed as a 2/1 since the basement hides the extra bed and bath.  Unbelievably, a permit was pulled to finish said basement.  This is a relist, and as such owner occupant bids are due 8-3-2010, investors daily thereafter if available.


110 Beacon Way 5G, Windsor: $115,000. 2 bed, 2 bath, 1131 sq ft, 2001, 1 car detached, $100 Down, no repair escrow.  This Water Valley condo lacks appliances but is the cheapest in the area by almost $15k.  It also has a super-dope screened balcony, perfect for grilling.*  Pics start here: http://captainfantasy.shutterfly.com/12688. Owner occupant bids are due 8-3-2010, investors thereafter if available.  *Verify with HOA what types of grills, if any, are allowed on balcony....!

PRICE REDUCTIONS
  513 5th Ave, Greeley: $20,000. 2 bed, 1 bath, 1008 sq ft, 1900, $100 Down with $3630 repair escrow.  Let's see, it's in a floodplain, has a fat repair escrow and thus a laundry list of repairs (Repair windows, Remediate mold like substance, Repair soffit and fascia, Repair furnace, Repair plaster, Correct interior defective paint). But it DOES have a basketball hoop attached to the front of the house and a cement ramp up the front steps! It has also been REDUCED several times, the last reductionn being a whopping $2500.  I have finally posted pics so you no longer have to scare yourself imagining its appearance! The pics start here: http://captainfantasy.shutterfly.com/12835.  Owner occupant bids are due 8-3-2010, investors thereafter if available.
  506 Lucca Dr, Evans: $61,200. 1 bed (plus loft), 1 bath, 1017 sq ft, 1 car attached, 2002, fully FHA insured, $100 Down.  It's been a while since we've had one of these Tuscany condos, and they tend to be exceptional deals that sell fast.  The occupancy rate seems to have skyrocketed in here as well, which is a good sign.  This is a 2nd floor unit that sits above its garage (and the unit below) and features a MASSIVE vaulted ceiling, gas fireplace and an upper half-level loft that has a well-conceived closet, making this one something like a 2 bedroom (similar set-ups get listed as 2 bedrooms all the time).  The carpet is a wee bit dirty and there aren't any appliances, and the unit also overlooks a RV parking area.  But yo, it's $68k (ahem, $61,200).  Pics start RIGHT HERE.  Owner occupant bids are due 8-3-2010, investors thereafter if available.
  1406 25th Avenue CT, Greeley: $102,600. 4 bed, 2 bath, 2220 sq ft, 1963, one car detached, $100 Down with $4400 repair escrow.  The sole new listing from one month ago is a conundrum.  It's a bi-level with a detached garage and a MASSIVE yard and it sits in a beautiful and stable neighborhood.  And yes the house is technically intact, but the kitchen is in the lower level.  Is that a problem?  Well no, but it's just kind of....weird.  In the upper level in lieu of the kitchen is a long, pointless room that sits adjacent to the living room (and is elevated a couple of steps for some reason), and the rest of the house shows signs of the previous owners' rehab aspirations.  They never happened.  So what's left is a upper level bathroom with nice tile work and a PVC-and-nasty-piece-of-wood shower curtain rod, no sink (!) and a pointlessly small linen closet.  There's a lot of potential here, just be aware that most people prefer their kitchens next to the living room.  You know?    Pics start here: http://captainfantasy.shutterfly.com/12664   Owner occupant bids are due 8-3-2010, investors thereafter if available.

USDA RURAL DEVELOPMENT-ELIGIBLE LISTINGS


3294 Wigwam Way, Wellington: $183,500. 3 bed, 3 bath, 1538 finished sq ft w/ 711 unfinished bsmt, 2004, 2 car attached. This nice two story in Buffalo Creek has tile and granite throughout the home, alder kitchen cabinets and some crown molding, a covered patio and a fenced yard.  Shows well, quiet neighborhood.  Pics start here: http://captainfantasy.shutterfly.com/13060  Call me immediately to get an offer submitted straight away.


164 Falls Creek Dr, Bellvue: $136,900. 2 bed, 2 bath, 2094 finished sq ft, 1940, .71 acre lot.  This Poudre Park 'raised ranch' has a walk-out basement, an open layout with hardwood flooring, and is a few hundred feet from the River.  It is assessed for $219,700 so this one might be the bargain of the week especially considering the USDA loan or the more vanilla Fannie Mae HomePath.  Pics start here: http://captainfantasy.shutterfly.com/13065  Call me immediately to get an offer submitted pronto.


1100 Giant Track Rd, Estes Park: $225,900. 4 bed, 2 bath, 1920 finished sq ft, 1965, 1.37 acre lot.  This raised ranch has amazing views, a large wrap-around deck and has the potential to be one of the coolest houses around.  A-1 zoning allows for 5 rental units (!), and horses are allowed.  It is currently a wood panel nightmare, so bring your designer touches.  Assessed for $279,600.  Pics start here:  http://captainfantasy.shutterfly.com/13082 Call me immediately to get an offer submitted asap.


142 Navajo Peak Ct, Livermore: $216,900. 4 bed, 2 bath, 1750 sq ft over 1460 mostly finished basement, 2002, carport, 2.18 acre lot.  This one is probably the nicest of the bunch in terms of its current condition.  While not quite in move-in condition it's darn close with an open floor plan, vaulted ceilings, hardwood floors, a super-nice kitchen with center island, granite countertops & a double-sided fireplace.  This is yet another raised ranch so it too features a walk-out basement.  Master bedroom has 5-piece bath and its own fireplace.  This one is assessed for $237,100.  Pics start here:  http://captainfantasy.shutterfly.com/13077 Call me immediately to get an offer submitted on the double.


Take a minute and scope a few of my COOL FEATURED LISTINGS!!!


http://totallyawesomehouse.com/
http://totallycutehouse.com
http://totallyradhouse.com/



Like or perhaps even love the blog?  Sometimes it isn't terrible to be a FOLLOWER.   Get a kick out of the videos?  Subscribe!   As always, please drop me a line if you'd like to check any of these out or if you have any questions on HUDs or real estate in general.  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

Monday, July 26, 2010

HUD Report 7-23-2010: $83k in FTC Edition

Greetings folks.  Thanks to Google's rad new 'stats' tab, I've been able to see that this humble little blog has been hit over 1000 times in the last month.  So here's the deal: Everybody reading just needs to buy ONE house from me and I will devote 100% of my time thereafter making this blog the most entertaining, mind-blowing experience imaginable.  Until then, it's just going to be me, my camera, a few beers and a whole bunch of HUDs (and one vile REO that may or may not have multiple biohazards in it).  You've been warned!  Now please pick out the one you plan to buy from me as you read about....

The NEW HUDS FOR 7-23-2010!
click for pics of all the properties! 



900 Vanderbilt, Fort Collins: $137,000*. WITHDRAWN BUT WILL BE RELISTED. 4 bed, 2 bath, 1926 sq ft, 2 car attached,  1977.  This is without a doubt the nastiest house I've ever been in, EVAR.  And in case you haven't heard (or read, or seen), I've been in some pretty gross places.  This is hands down the smelliest, nastiest, filthiest and scariest house I've seen strictly from a THEY-LIVED-LIKE-THIS?-standpoint.  Sure it can be rehabbed, but bring your hazmat suit (and I say that half-jokingly).  There's a reason it's been withdrawn, and it doesn't necessarily concern the bags of garbage left behind or the buckets of mystery liquid.  Let's call this one a blog exclusive because it may be a while until it is listed again.  Then again, it may be back up tomorrow.  Let me know if you're interested and you'll be the first to know status.  This area of Fort Collins supports $180s-190k's. Pics start right here: http://captainfantasy.shutterfly.com/13014
Turned my stomach, looking at those again.  *shudder!*



4545 Wheaton Dr #H160, Fort Collins: $83,000. 1 bed, 1 bath, 696 sq ft, 1998, $100 Down with $550 repair escrow.  This may be one of the best locations in Rockbridge: The front door overlooks a big yard, it is just across the street from Safeway, AND it is ground level.  Did I mention it is only $83k?  Drawbacks you ask?  Well there's a couple.  First of all, there's a plumbing leak, and there's evidence of it scattered throughout the unit.  Secondly, whomever owned this before obviously didn't have a nose.  It reeks of animal pee, almost to the point where I'm sure neighbors complained.  Budget for carpet (why it is still in there is beyond me) and trim repair or replacement as well as the plumbing repair.   Pics start right here: http://captainfantasy.shutterfly.com/13001  By the way, cheapest sold in here in the last year = $93,000.  Just sayin'....


427 Atacamite Ct, Loveland: $144,000. 2 bed, 1 bath, 1008 sq ft over full unfinished, 2 car attached, 2000, $100 Down with $935 repair escrow for furnace and flooring.  PRO TIP: Don't spray paint your driveway.  I like the location of this lil' Loveland ranch insofar as Anderson Farm is concerned, and it isn't in terrible shape (with the exception of the carpet).  The fenced yard adds to the appeal, as do the kids in the middle of Atacamite Ct hawking 'Leminade'.   Pics start right here: http://captainfantasy.shutterfly.com/12987  Owner occupant bids due 8-1-2010, investors daily thereafter if available.  Bonus PRO TIP: Don't plant evergreens inches from your foundation.



2305 Alpine Ave, Greeley: $89,000. 5 bed, 2 bath, 1040 sq ft over full finished, 1996, 1 car attached, $100 Down with $990 repair escrow for plumbing, exposed wiring and mold in basement.  This East Greeley ranch is listed as a 3 bed, 1 bath, and I believe that full finished basement may have been used as a second unit. Indeed, there appears to have been a full kitchen at one point (much of it is ripped out, but the counter and lower cabinets remain) and the entrance to the basement from the main floor locks, leaving a separate entrance from the garage to the basement.  The main level has been tagged (and painted over) extensively, and several walls look they starred in a Jackass movie.   Pics start right here: http://captainfantasy.shutterfly.com/12975  Owner occupant bids due 8-1-2010, investors daily thereafter if available.


4010 Eagles Nest Dr, Evans: $110,000. 5 bed, 2 bath, 1040 sq ft over full mostly finished, 2000, 2 car attached, $100 Down with $550 repair escrow for roof shingles.  I was in and out of this Hunter's Reserve ranch, but I can tell you the basement is tiled throughout (as is the living room) and it isn't in terrible shape. Pics start right here: http://captainfantasy.shutterfly.com/12961  Owner occupant bids due 8-1-2010, investors daily thereafter if available.



2828 40th Ave Ct, Greelely: $118,000. 3 bed, 2 bath, 1052 sq ft over full unfinished, 2004, $100 down, no repair escrow.  This Gateway Lakes ranch is in awesome shape with two exceptions: The trim needs to be repainted (it's faded but not peeling) and there's a really corny fence gate in lieu of a proper baby gate atop the basement stairs.  It sort of makes you want to grill a hot dog next to it, but I digress.  This is perhaps the cheapest house I've seen in this subdivision, and condition-wise it holds up against many other higher priced homes and comps.  Check this one out if you're looking in West Greeley but act quickly.    Pics start right here: http://captainfantasy.shutterfly.com/12949  Owner occupant bids due 8-1-2010, investors daily thereafter if available. 


813 2nd St, Windsor: $120,000.  2 bed, 2.5 bath, 1241 sq ft, 2000, 2 car attached, $100 Down with $550 repair escrow for plumbing repair.  This two-story townhouse is in great shape, with the chocolate-colored carpet throughout much of the unit in great shape.  Strangely, it does have a repair escrow for plumbing repair which is also the case with this week's little condo on Wheaton.  But unlike Wheaton, this one has an attached garage, nobody above the unit, and it backs to a large field with a private patio.    Pics start right here: http://captainfantasy.shutterfly.com/12937  Owner occupant bids due 8-1-2010, investors daily thereafter if available.

400 30th Ave, Greeley: $118,000. 5 bed, 3 bath, 1310 sq ft over 1310 mostly finished, 2002, 2 car attached, $100 Down NO Repair escrow.  This one was a pleasant surprise, and listed as a 3 bed, 2 bath (obviously the finished basement hides a couple more bedrooms, a full bath and two living areas).  The remarks read "Subject sides to C Street which has a busy traffic pattern."  I don't know about you, but C Street and 30th Avenue wouldn't be my first choice for killer location, but the house is pretty nice and the traffic noise certainly wasn't an issue when I was in the house.  Watch the video and listen for traffic noise.  Exactly. I'd check this one out if you're looking for a bunch of bedrooms, fenced yard and a 2 car garage. Owner occupant bids due 8-1-2010, investors daily thereafter if available.

817 35th Ave, Greeley: $89,000. 4 bed, 2 bath, 1280 sq ft over partial finished basment, 1956, 2 car detached, $100 down with $1925 repair escrow for furnace, plumbing, shingles, wiring.  Sorry folks, I was in and out of this one so it gets no love.  I can tell you the main level is a 2 bed, 1 bath (which is what it is listed as).  It's location on 35th will seriously limit its appeal, even with the "tandem 4 car garage" (per old listings).  Owner occupant bids due 8-1-2010, investors daily thereafter if available.

333 23rd Ave Ct, Greeley: $70,000. 3 bed, 1.5 bath, 1092 sq ft, 1997, $100 Down with $3135 repair escrow for plumbing, splash blocks (!) and flooring.  A mere block from 23rd Ave, this is actually in a very quiet neighborhood and features a fenced yard with parking (and a huge gate) for an RV or boat.  The house is essentially split in half - the left side (as you walk in) is one big open living room/kitchen and the right side has all of the bedrooms, the full bath and the laundry (which has a toilet just kind of sitting there). Owner occupant bids due 8-1-2010, investors daily thereafter if available.

Price Reductions

2009 Falcon Ridge Dr, Fort Collins: $208,000. 2 bed, 2.5 baths, 1597 sq ft, 2002, $100 DOWN with $770 repair escrow.  That's no typo - this is a two bedroom.  Sure there's a large loft area (huge even) but this 2 story is set up with a massive master bedroom as the main focus.  The house is sharp inside and out, the only blemish being a funky fence line that wraps around a nearby drainage pipe.  Looking in SE FTC?  Wanna get into something on the cheap but slightly more upscale than usual $200k finds? You'd better check this place out.  Pics start here: http://captainfantasy.shutterfly.com/12590   Owner occupant bids due 7-27-2010!  Investors thereafter if available.

1952 29th Ave #3, Greeley: $75,200. 3 bed, 2.5 bath, 1696 sq ft over partial finished bsmt, 2 car attached, 1977, $100 down with $275 repair escrow.  Here's a different one.  The most shocking thing about this place is that yours truly had no idea this little subdivision even existed.  It consists solely of identical townhouse/duplexes that have well maintained gray exteriors.  The interior?  Well, it needs some love.  Carpets are trashed and if the exterior looks like 1999, the interior definitely feels more like the 1977 build it is.  The master is awesome though and has its own fireplace.  This place also has a fenced yard and the oversized 2 car garage (with 2 separate doors).  Might be worth a look see. I do have a video of this joint but am having issues getting it uploaded for some reason.  Pics start here: http://captainfantasy.shutterfly.com/12398  Owner occupant bids due 7-27-2010, investors thereafter if available.

1621 Marilyn Ct, Loveland: $128,800. 3 bed, 2 (1!) bath, 1978, 1884 sq ft, 2 car attached.  This bi-level is literally missing the upstairs bathroom (it's an empty room) and the amount of work it needs didn't make sense with the original list price of $161,000.  But here we are, $32,000 later, and investors and handy-persons take note. Click here for more info, pics or a showing.  Owner Occupant bids due 7-13-2010, investors thereafter if available.

Get a kick out of the videos?  Subscribe!   Like or perhaps even love the blog?  Sometimes it isn't terrible to be a FOLLOWER.  As always, please drop me a line if you'd like to check any of these out or if you have any questions on HUDs or real estate in general.  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, July 17, 2010

Crip's HUD Report 7-16-2010: Bring A Friend Edition

Hey everybody, hope you are enjoying the weekend!  Tired of people asking if it's hot enough for you?  I am.  But it's probably because I run around in a gasoline powered turtle neck sweater.  But enough talk, let's get small and check out...

THE NEW HUDS FOR 7-16-2010
click for pics of all the properties!




1119 East 24th St Ln, Greeley: $80,000. 2 bed, 2 bath, 1010 sq ft over full unfinished bsmt, 2001, 2 car attached, 2001, $100 Down, Fully Insured.  This is an East Meadows ranch which, compared with most of the inventory we get here, is in far-beyond-average condition.  Yes there are only two bedrooms, but they are fairly large and the master has its own 3/4 bath.  The basement is completely unfinished, the kitchen is CLEAN (with hardwood floors too), and while I can't make any guarantees that they will both stay, there are currently TWO refrigerators in the house.  Woohoo!  Check this one out if you want a deal in East Greeley.  Pics start here: http://captainfantasy.shutterfly.com/12921  Owner occupant bids due 7-25-2010, investors thereafter if available.


1602 38th St Rd, Evans: $85,000. 4 bed, 2 bath, 1506 sq ft, 1978, 1 car attached, $100 Down with $2530 repair escrow for carpet and wainscot. Last sold as a HUD house for $124,000 in 2005.  I vaguely remember it then, but I believe the exterior was trashed and the interior was OK.  The roles have now reversed.  Although flooring is the main need here, please don't think that's all the house will require.  There's a 5th room that appears to have been the dart room, the yard is large and fenced, there's a decent deck off the kitchen that needs some stain, and the flooring in the dart room and kitchen is a decent laminate.  If you don't mind some cosmetic fix-up I'd check this one out.  Scope the lousy video:   Pics start here: http://captainfantasy.shutterfly.com/12908 Owner occupant bids due 7-25-2010, investors thereafter if available.



2902 Marshall Ash Drive, Loveland: $181,000. 3 bed, 2.5 bath, 1740 sq ft w/ 400+ sq ft bsmt, 1978, 2 car attached, $100 Down with $550 repair escrow for plumbing repair.  This 4-level is located just NW of the intersection of Monroe and 29th in a quiet neighborhood.  It has a very roomy, open feel to it, and other than the stuffy smell it is in very good condition (albeit a bit dated).  Pics start here: http://captainfantasy.shutterfly.com/12892 Owner occupant bids due 7-25-2010, investors thereafter if available.  This appears to be a great deal, however, the most intriguing thing about this listing is our FNMA listing literally next door at....


2914 Marshall Ash Drive, Loveland: $184,900.  3 bed, 2 bath, 2076 sq ft, 1978, 2 car attached, Fannie Mae 3% down.  This is also a 4 level, and obviously in the same quiet neighborhood, but it doesn't have quite the open feel as 2902.  What it DOES have though is new carpet and paint throughout, which gives this a fresh feel.  The back yard is a bit nicer than 2902, with concrete edging throughout and a storage shed.  The main level has wood floors and the basement's 3rd bedroom is kind of a bedroom-in-a-bedroom, so it kinda has 4 bedrooms.  Kinda. Pics start here: http://captainfantasy.shutterfly.com/12873  Putting an offer on this one will be a breeze, so let me know if you are interested.  Better yet, if you have a friend or neighbor that ALSO wants to buy a house but you can't bear the thought of being apart, let's put both of these Marshall Ash properties under contract and you can be neighbors for life!

506 Lucca Dr, Evans: $68,000. 1 bed (plus loft), 1 bath, 1017 sq ft, 1 car attached, 2002, fully FHA insured, $100 Down.  It's been a while since we've had one of these Tuscany condos, and they tend to be exceptional deals that sell fast.  The occupancy rate seems to have skyrocketed in here as well, which is a good sign.  This is a 2nd floor unit that sits above its garage (and the unit below) and features a MASSIVE vaulted ceiling, gas fireplace and an upper half-level loft that has a well-conceived closet, making this one something like a 2 bedroom (similar set-ups get listed as 2 bedrooms all the time).  The carpet is a wee bit dirty and there aren't any appliances, and the unit also overlooks a RV parking area.  But yo, it's $68k.  Pics start RIGHT HERE.

818 20th St Ln, Greeley: $90,000. 4 bed, 1 bath, 1103 sq ft over full bsmt, 2002, 2 car attached, $100 Down, no repair escrow.  Our glut of Balsam Village inventory continues with another ranch, the basement of which is unfinished save for one large bedroom.  Fully insured, yes, but needs some paint and carpet.  Pics start here: http://captainfantasy.shutterfly.com/12704.  Owner occupant bids are due 7-11-2010, investors thereafter if available.

Much of the inventory from LAST WEEK'S MEGA POST is still available, so if you are still interested in one you read about just ask.


Get a kick out of the videos?  Subscribe!   Like or perhaps even love the blog?  Sometimes it isn't terrible to be a FOLLOWER.  As always, please drop me a line if you'd like to check any of these out or if you have any questions on HUDs or real estate in general.  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, July 10, 2010

HUD Report 7-9-2010: HUD Revue and Revival

Hey everybody!  Had to take a week off to soak in the beach and eat my weight in lobster, but now it's time to get back to business.  So you think the market is slow?  You're looking at the wrong stuff.  Go ahead and try to keep up with the HUD inventory like yours truly.  Rather than post the latest stuff and field phone calls about which ones are available, I present all of the currently active inventory.  Bid dates noted!  Enjoy!

HUDS FOR 7-9-2010!
click for pics of all the properties!

(in order of price)


513 5th Ave, Greeley: $22,500. 2 bed, 1 bath, 1008 sq ft, 1900, $100 Down with $3630 repair escrow.  Let's see, it's in a floodplain, has a fat repair escrow and thus a laundry list of repairs (Repair windows, Remediate mold like substance, Repair soffit and fascia, Repair furnace, Repair plaster, Correct interior defective paint). But it DOES have a basketball hoop attached to the front of the house and a cement ramp up the front steps! It has also been REDUCED to $22,500 with bids reviewed daily.  I have finally posted pics so you no longer have to scare yourself imagining its appearance! The pics start here: http://captainfantasy.shutterfly.com/12835.

  1117 12th Avenue, Greeley: $32,000. 2 bed, 3/4 bath, 995 sq ft, 1895, $100 Down with $1100 repair escrow, which is unbelievable.  Oh boy.  You ever seen Hoarders?  Yeah?  See the episode where the lady had cats upon cats upon cats in her house and had no idea how many layers of living and dead cats were stinking up the joint?  She lived 1117 12th Avenue in Greeley.  Well, at least it smells like she did.  I didn't even bother to take pictures, and a video walk through would have lasted 4 seconds.  I almost dropped my keys on the floor which would have sucked because they'd still be sitting there and I'd be in Greeley getting my car re-keyed.  Do you like weeds, dirty floors and have a lack of odor receptors?  Here's your place. Click here for more info, pics or a showing.  Minor update: this place just received a SECOND price reduction, owner occupant bids are due 7-13-2010, investors thereafter if available.

Relist: 37266 WCR 65, Galeton: $41,250.  3 bed, 2 bath, 1623 over full basement w/ some finish, 2001.  Reappraised, reduced and re-remarked: "Manufactured home. Previous owner shared neighbor's well, but there is no formal agreement. Septic tank subject to freezing in winter; 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. Property was apprased 5/14/10 and valued at $55000."  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. Click here for more info, pics or a showing.  Update: This was briefly withdrawn and dwelled in the desolation of the Good Neighbor Next Door program.  It comes back to us a few grand cheaper but otherwise the same.  Owner occupant bids due 7-13-2010, investors thereafter if available.

344 4th St, Kersey: $52,500. 3 (kinda) beds, 1 bath, 1698 sq ft (main and bsmt), 1910, 2 car detached, $100 Down with $4400 repair escrow.  I like this place as a flip, and am dubious about the FHA repairs not exceeding $5000.  Sure they're close, but there's a lot to do here.  I don't recall seeing any plumbing fixtures (or plumbing), there's no trim and the layout is lame. The house is either half-finished or half-deconstructed, depending on your outlook on life. The major selling points for this house are: 1) Corner location directly across from cute lil' Kohler Park; 2) Massive lot with big 2-car detached garage; 3) Cheapo price augmented by 4) $100 Down incentive.  Oh yeah, there's a fireplace.  Pics start here: http://captainfantasy.shutterfly.com/12802 and Click here for more info, pics or a showing.  Owner occupant bids are due 7-11-2010, investors thereafter if available.

1219 23rd Ave, Greeley: $70,400. 3 bed, 1 bath, 1242 sq ft, 1956, 2 car attached, holes in roof/ceiling: 1 big one; $100 down with $1320 repair escrow.  Here's an example of HUD's hands-off approach to selling being a huge drawback.  Listed in the repair escrow items is $880 for roof repair.  Had the repair been done, I wouldn't have walked in the house and found half the living room ceiling sitting in a big, slushy pile on the hardwood floor.  As it is now, I'm sure there are other issues beyond simply fixing the roof (repairing the gaping hole in the ceiling comes to mind) which could have been avoided had the roof been fixed.  If not for the location on 23rd Ave I might tell you to check this one out.  Instead, I'll just present the facts and let you make your own decisions.  Check out the video for more.  Update: Now on its second price reduction, bids reviewed daily.  Pics START RIGHT HERE.  Bids reviewed daily!  Click here for more info, pics or a showing.

1952 29th Ave #3, Greeley: $84,600. 3 bed, 2.5 bath, 1696 sq ft over partial finished bsmt, 2 car attached, 1977, $100 down with $275 repair escrow.  Here's a different one.  The most shocking thing about this place is that yours truly had no idea this little subdivision even existed.  It consists solely of identical townhouse/duplexes that have well maintained gray exteriors.  The interior?  Well, it needs some love.  Carpets are trashed and if the exterior looks like 1999, the interior definitely feels more like the 1977 build it is.  The master is awesome though and has its own fireplace.  This place also has a fenced yard and the oversized 2 car garage (with 2 separate doors).  Might be worth a look see. I do have a video of this joint but am having issues getting it uploaded for some reason.  Pics start here: http://captainfantasy.shutterfly.com/12398 Bids reviewed daily!  Click here for more info, pics or a showing.

1337 29th St, Greeley (I say Evans): $76,500. 3 bed, 2 bath, 1337 sq ft (seriously), 1978, 2 car attached, $100 Down with $550 repair escrow.  This corner lot tri-level is in nearly-fantastic condition, and yesterday's price reduction  makes it a compelling buy.  The only drawback is minor cosmetic ugliness and a small repair escrow (for furnace repair).  Scope the video:   Pics start here: http://captainfantasy.shutterfly.com/12847 and click here for more info, pics or a showing.  Owner occupant bids are due 7-13-2010, investors thereafter if available.

2506 W 26th St Rd, Greeley: $90,000. 4 bed, 2.75 bath, 1185 over full mostly finished bsmt, 1974, 2 car attached, $100 down with $3850 repair escrow for mold, furnace, shingles, paint and drywall.  This is a smelly, ugly ranch a few blocks north of 34, and the basement appears to have been set up (not very well) as a 2nd unit.  It will need a bunch of TLC.  I'm going to be nice to this one and just leave it at that.  Bids reviewed daily! PICS START RIGHT HERE


818 20th St Ln, Greeley: $90,000. 4 bed, 1 bath, 1103 sq ft over full bsmt, 2002, 2 car attached, $100 Down, no repair escrow.  Our glut of Balsam Village inventory continues with another ranch, the basement of which is unfinished save for one large bedroom.  Fully insured, yes, but needs some paint and carpet.  Pics start here: http://captainfantasy.shutterfly.com/12704.  Owner occupant bids are due 7-11-2010, investors thereafter if available.

3621 Denise Ave, Loveland: $95,000. 3 beds, 2 baths, 1232 sq ft, 1985, 2 car detached, $100 Down with $1100 repair escrow.  Yes, this one is a manufactured home, but the lot and garage are awesome.  I'll let the pics do the talking on this one so pics start here: http://captainfantasy.shutterfly.com/12761. Owner occupant bids are due 7-11-2010, investors thereafter if available.

3714 Mountain View Dr, Evans: $97,000. 3 bed, 1 bath, 1111 sq ft, 2 car attached, 2000, $100 down with $715 repair escrow for plumbing repair and exterior paint touch-up.  There's something about this lil' ranch that seems backward.  The living room, dining room and kitchen are basically all one large room, and the sliding patio doors lead to, well, nothing.  The majority of the yard sits behind the garage, and can only be accessed via the garage.  The master bedroom is fairly large and it does have something resembling a walk-in closet. Bids reviewed daily!  PICS START RIGHT HERE.
4536 Kings Canyon Dr, Greeley: $90,900. 3 bed, 2 bath, 1212 sq ft over 1212 unfinished, 1999, 2 car attached, $100 Down with NO repair escrow.  This Hill-N-Park ranch yields tons of calls for me, and for good reason: corner location, curb appeal, good layout, clean appearance inside, etc.  But one step - and one whiff - inside changes all impressions.  This is a cat house, plain and simple.  The mailbox is a cat.  There's some weird contraption in the otherwise unfinished basement that I'm sure was used to separate cats.  And all of these cats have left their odor all up in the house.  Now that it has been reduced $10k, that should make up for replacement of the carpet & pad, and combined with some new paint I would *hope* the smell can be tamed.  Click here for more info, pics or a showing.  Owner occupant bids are due 7-13-2010, investors thereafter if available.
802 36th Avenue, Greeley: $94,500. 3 bed, 1.75 baths, 1170 over 1170 mostly finished bsmt, 1963, 1 car attached, $100 Down with $385 repair escrow.  A lot has happened since this one was first listed, in fact a lot happened to the house even after I took the video below.  Presumably when contractors went back to finish cleaning it out (it was gross) and winterize it (which was even more gross) the plumbing sprung a leak, which flooded the basement.  I went into the house weeks later and the carpet was still squishy, and several walls were starting to spot with mold.  The reduction comes as no surprise, so if you're willing to do some updating and overhauling you may want to consider this one (or maybe even the one across the street).    Pics start here:  http://captainfantasy.shutterfly.com/12820  Owner occupant bids are due 7-13-2010, investors thereafter if available.  

3009 Hawk Dr, Evans: $107,000. 3 bed, 2 bath, 1043 sq ft over full partially finished, 2001, 2 car attached, $100 Down with $1100 repair escrow for buckling driveway.  I mention the repair escrow in detail because the damage is readily apparent, even as you approach the house, briskly, and with scary music blaring.  The front door step is also leaning, so I might be cautious of the cement work overall.  This is a fairly small ranch with a full basement that has a 4th non-conforming bedroom and a large 2nd bathroom.  At $107k it's a bargain compared with the nearby property at 3714 Mountain View.  Pics start here: http://captainfantasy.shutterfly.com/12745.  Owner occupant bids are due 7-18-2010, investors thereafter if available. 

3826 24th Avenue, Greeley: $108,000. 3 bed, 2.5 bath, 1326 over 600+ unf.bsmt, 2 car, 2002, $100 down with $550 repair escrow for plumbing repair.  First of all, this is a townhouse/half duplex and has a $65/month HOA.  Secondly, the attached property is in incredible condition, and the neighbor has been maintaining this property's half of the yard as well, so it looks much nicer than your average HUD home.  This is a Bailey Homes 2-story with a fenced back yard, and it is well worn on the inside but not terribly beat up.  If you don't mind sharing a wall, give it a shot. Bids reviewed daily!  PICS START RIGHT HERE.
1406 25th Avenue CT, Greeley: $114,000. 4 bed, 2 bath, 2220 sq ft, 1963, one car detached, $100 Down with $4400 repair escrow.  The sole new listing from a couple weeks ago is a conundrum.  It's a bi-level with a detached garage and a MASSIVE yard and it sits in a beautiful and stable neighborhood.  And yes the house is technically intact, but the kitchen is in the lower level.  Is that a problem?  Well no, but it's just kind of....weird.  In the upper level in lieu of the kitchen is a long, pointless room that sits adjacent to the living room (and is elevated a couple of steps for some reason), and the rest of the house shows signs of the previous owners' rehab aspirations.  They never happened.  So what's left is a upper level bathroom with nice tile work and a PVC-and-nasty-piece-of-wood shower curtain rod, no sink (!) and a pointlessly small linen closet.  There's a lot of potential here, just be aware that most people prefer their kitchens next to the living room.  You know?    Pics start here: http://captainfantasy.shutterfly.com/12664  Bids reviewed daily!
110 Beacon Way 5G, Windsor: $115,000. 2 bed, 2 bath, 1131 sq ft, 2001, 1 car detached, $100 Down, no repair escrow.  This Water Valley condo lacks appliances but is the cheapest in the area by almost $15k.  It also has a super-dope screened balcony, perfect for grilling.*  Pics start here: http://captainfantasy.shutterfly.com/12688. Owner occupant bids are due 7-11-2010, investors thereafter if available.  *Verify with HOA what types of grills, if any, are allowed on balcony....!
1621 Marilyn Ct, Loveland: $144,900. 3 bed, 2 (1!) bath, 1978, 1884 sq ft, 2 car attached.  From last month: This bi-level is literally missing the upstairs bathroom (it's an empty room) and the amount of work it needs is totally not in line with its current price.  When it eventually gets down to $145k it may be worth considering. UPDATE: Now that we've been reduced, yes, this place is worth considering.  Click here for more info, pics or a showing.  Owner Occupant bids due 7-13-2010, investors thereafter if available..

3839 Steelhead St A, Fort Collins: $148,000. 2 bed, 2 bath, 1468 sq ft, 2006 (!), 1 car attached, $100 Down NO repair escrow.  KILLER deal!   A similar unit is under contract and listed for $175k, and the prices go up from there.  All stainless kitchen appliances present, gas fireplace, big master with balcony that overlooks large grassy common area and the open space between the subdivision and east Harmony.  You can actually get right to the property by taking Cinquefoil (the dirt road that is now completely connected), so as you may have guessed this is a block north of Observatory Village.  There will be a bidding war on this one I'm sure, so call me soon.  Pics start here: http://captainfantasy.shutterfly.com/12779Click here for more info, pics or a showing.  Owner occupant bids due 7-18-2010, bids reviewed daily thereafter.

2009 Falcon Ridge Dr, Fort Collins: $208,000. 2 bed, 2.5 baths, 1597 sq ft, 2002, $100 DOWN with $770 repair escrow.  That's no typo - this is a two bedroom.  Sure there's a large loft area (huge even) but this 2 story is set up with a massive master bedroom as the main focus.  The house is sharp inside and out, the only blemish being a funky fence line that wraps around a nearby drainage pipe.  Looking in SE FTC?  Wanna get into something on the cheap but slightly more upscale than usual $200k finds?  Check this place out. 
Wow, that took a while.  Get a kick out of the videos?  Subscribe!   Like or perhaps even love the blog?  Sometimes it isn't terrible to be a FOLLOWER.  As always, please drop me a line if you'd like to check any of these out or if you have any questions on HUDs or real estate in general.  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