Denver HUD Homes


What is a HUD Home?

A HUD Home is a one to four unit single-family residence, condominium or townhome that has been conveyed to HUD by the lender as a result of foreclosure when the borrower defaults on the FHA-insured loan.

HUD in turn sells the property at “AS IS” market value based on a recent appraisal as quickly as possible through an Asset Manager (AM) Contractor such as PEMCO, LTD. HUD Homes vary in price, location, and condition. Some are move‐in ready condition and others are not.

Who can buy a HUD Home?

Anyone with a valid Tax ID (*SSN or Employer Federal Tax ID) issued in the United States can buy a HUD home. Potential buyers must qualify for a mortgage or pay cash to buy a HUD home. Buyers must have a pre-qualification letter from a certified lender, or proof of funds in the amount of, or greater than the gross purchase price of the property.

Where can I find a HUD home?

HUD homes are listed at  You can contact us at 303-654-0197 and we will be more than happy to get you a FREE list.  We are also able to show you any home on the market including HUD Owned Properties.

How can I view a HUD Home?

All buyers MUST be accompanied by a licensed real estate broker.  Please contact us at 303-654-0197 to schedule your showings.

Do I need a realtor to place a bid for me?

Yes, we are registered HUD Brokers so please call us so we can help you place your Bid 303-654-0197

 Good Neighborhood Next Door (GNND)

For Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians.  HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return you must commit to live in the property for 36 months as your sole residence.

When a law enforcement officer, teacher, firefighter, or emergency medical technician chooses to use an FHA- insured mortgage, the down payment is $100.

Eligible Single Family homes located in revitalization areas are listed exclusively for sales through the Good Neighbor Next Door Sales program.  GNND buyers can bid in lottery, exclusive, and extended phases, but can bid exclusively on insured single unit homes in revitalization areas in the lottery phase.

GNND buyers are given preference over government agencies and nonprofits in the selection of a bid-winner in the lottery phase.   Search for available properties at enter State and Buyer Type: Good Neighbor Next Door.

Denver Homeownership Center

Owner-Occupant Sales Incentive – $100 Down Payment!  Applies to all offers accepted after 10/19/2011 for a one-year period and is available to Owner Occupant Homebuyers utilizing FHA-insured financing and offering full current list price only.

Selling Brokers:  The loan amount cannot exceed the appraised value; therefore, a sufficient amount needed to cover upfront MIP must be included on line 5 of the sales contract or the buyer will have to pay that amount out of pocket at closing.  The $100 Down Payment must be reflected on line 4 of the sales contract.

Nonprofit Organizations

Eligible nonprofit organizations, can bid on homes in lottery, exclusive, and extended phases provided they are in approved purchase areas. If the property is in the lottery phase, the home must be uninsured.

Nonprofits rank below Government Agencies in the bid selection process for the lottery, but above them for exclusive and extended listings. Nonprofits cannot bid for dollar homes.

Nonprofit organizations that want to obtain HUD approval to participate as a FHA mortgagor, purchase HUD homes at a discount, or administer a Secondary Financing/ Down payment Assistance Program must submit an email directly to their local Homeownership Center (HOC), Program Support Division, indicating that your organization would like to apply for approval to participate in FHA Nonprofit activities.

Search for available properties at, enter State and Buyer Type: Nonprofit.

$1 Homes Sales For Local Governments

HUD’s Dollar Homes initiative helps local governments to foster housing opportunities for low to moderate income families and address specific community needs by offering them the opportunity to purchase qualified HUD-owned homes for $1 each.

Please read HUD’s most recent notice on H2011-16 for more information. Search for available properties at, enter State and Buyer Type is Government Agency.

Visit RE/MAX Momentum and let us help you with your HUD home questions!

2227 Prairie Center Pkwy, Suite D
Brighton, CO 80601
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