Category Archives: Sage Acquisitions Insider

$100 Down Program Back for a Limited Time for Denver HOC – UPDATED 6.29.2018

May 31, 2018

HUD announced they are bringing back the $100 down program for a limited time in Colorado, New Mexico, Utah, and North Texas (1D Denver HOC). The program was originally limited to running from 6/01/2018 through 7/31/2018. As of 6/29/2018, the program will be available to these state through 7/31/2018. The $100 down program is only … Continue reading $100 Down Program Back for a Limited Time for Denver HOC – UPDATED 6.29.2018 →

There’s an Important Change to the HUD E-Signature Process

January 4, 2018

To Selling Agents, an update has been made to the documents required for HUD contract E-signatures. Effective January 1, the Selling Agent is required to obtain and upload a copy of the Title Companies (BSCA) license and Closing Protection Letter. This is similar to how the EMD, Pre-Approval Lender letter or Broker Authorized signer letter … Continue reading There’s an Important Change to the HUD E-Signature Process →

DHOC $100 Down Incentive Extended Through July

July 5, 2017

Photo credit: Mark Moz It’s a great time to purchase a HUD Home with FHA financing! The Denver Homeownership Center (DHOC) has extended the FHA $100 Down Sales Incentive for all HUD Home offers accepted through the month of July. Owner Occupant purchasers utilizing FHA-insured financing (including the FHA 203(k) Rehabilitation Program) If you have … Continue reading DHOC $100 Down Incentive Extended Through July →

June is National Homeownership Month

June 6, 2017

Photo credit: Mark Moz It’s a great time to purchase a HUD Home with FHA financing! Effective June 1, 2017, The Denver Homeownership Center (DHOC) is now offering the FHA $100 Down Sales Incentive for all HUD Home offers accepted from June 1, 2017 through June 30, 2017. Owner Occupant purchasers utilizing FHA-insured financing (including the … Continue reading June is National Homeownership Month →

Safely Showing and Selling HUD Homes

April 26, 2017

Photo credit: Mark Moz With many agents showing and selling HUD homes today, it’s imperative for each agent to do their part to ensure that homes are secured and remain in a state in which health and safety concerns do not exist for the next agent showing the property. Here are 7 ways … Continue reading Safely Showing and Selling HUD Homes →

How FHA Rehab Loans Help Sell More HUD Properties

April 13, 2017

Photo credit: www.cafecredit.com FHA increases repair cap from $5,000 to $10,000 on 203(b) with escrow loans If your client finds a perfect HUD home but it needs some repairs, you may suggest that they apply for a loan product that finances repair and update costs. FHA recently increased the repair cap on 203(b) … Continue reading How FHA Rehab Loans Help Sell More HUD Properties →

HUD’s As-Is Policy and How to Fund Repairs

February 16, 2017

Photo credit: Home Water Softener Reviews Whether a HUD home is listed as Insured (I), Insured with Escrow Repairs (IE) or Uninsured (UI), they all have one thing in common: they are sold as-is. This means that HUD doesn’t warrant the condition of its properties and will not pay for repairs or defects … Continue reading HUD’s As-Is Policy and How to Fund Repairs →

AVOID HUD Closing Delays

January 4, 2017

Photo credit: Sky Eckstrom Top 5 Reasons for HUD Closing Delays HOA fees, utilities, taxes and any other payment demands are not submitted at least 10 days prior to closing. The closing agent should send any of the above itemized statements to [email protected] along with the referenced case number. This will allow Sage ample … Continue reading AVOID HUD Closing Delays →

HUD Contract Area 3P Now Serviced by BLB Resources

December 27, 2016

HUD Contract Area 3P – Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont – is now serviced by BLB Resources. Please engage BLB Resources in any communication regarding new HUD Contracts, Transactions and Transition Properties. For more information, please visit their website www.blbresources.com.

New Denver Office Location

October 6, 2016

Sage Acquisitions’ Denver office has moved to 4600 S Ulster Street, Suite 500 Denver, CO 80237. Please mail all Denver HOC Contract Packages to this address. Click here to see all of our office locations and mailing addresses for contract packages. If you need any assistance regarding a Sage Acquisitions managed property, please contact our … Continue reading New Denver Office Location →

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