Sign Up to Receive a FREE list of Currently Available HUD Homes in Fort Collins, Loveland, or Windsor.
Are you interested in receiving a list of currently available HUD homes for sale in Fort Collins, Loveland, or Windsor? If so, you’ve come to the right place. Just use the form at the bottom of this page to sign up for a current list of HUD homes for sale on the Northern Colorado MLS.
What is a HUD Home?
HUD is an acronym for the US Department of Housing and Urban Development. When a home owner defaults on a loan insured by the Federal Housing Administration (FHA), the mortgage lender is compensated by the government (FHA) for their loss and the home then becomes the property of HUD. A HUD home is a 1-4 unit residential property.
How are HUD Homes Sold?
Fort Collins HUD homes are sold through an electronic bidding process. For the first 10 days, bids are accepted by owner occupants only. (People who will purchase and occupy the home themselves). On the 11th day, the bids are reviewed as if they were all submitted together.
If no suitable bid is accepted for the home in the first 10 days, the property goes into a daily bidding stage. At this stage the bidding on the HUD home is open to investors as well. Bids are reviewed daily until a suitable bid is found.
Can I View the Home Before I Submit a Bid?
You may view the Fort Collins HUD home before placing a bid, but all parties must be accompanied by a licensed Colorado Real Estate Broker. I would be happy to provide you with access to any property you wish to see. 970-590-3201.
Northern Colorado Bank Owned & Short Sale Real Estate Homes for Sale
Thank you for your interest in finding a HUD home in Fort Collins, Loveland, or Windsor. As a Northern Colorado, residential real estate expert, I would consider it a privilege to work hard to earn your business and help you find the perfect home for your needs. Feel free to contact me with any of your questions.