HUD Homes

A Federal Housing Administration (FHA) loan is one requiring only 3.5% down, insured from default by HUD (Housing and Urban Development). Your total housing expenses and monthly debt cannot exceed 41% of your gross monthly income. But the down payment can be borrowed funds or a gift. It is accompanied with mortgage insurance from the government and you will have two mortgage insurance payment amounts on your loan: an upfront fee and a monthly fee until the loan hits 20% down OR you refinance to a new conventional loan.

If an FHA loan goes “bad” or is foreclosed, HUD then buys out the underlying lender, and puts the home on the market to resell. This is where a HUD home comes from when you are buying.

For more information on HUD homes, visit HUD’S website at: http://portal.hud.gov/hudportal/HUD

If you are interested in buying a HUD home visit www.Hudhomestore.com for current homes for sale and be sure you are working with a HUD approved REALTOR, which we are!

Ginger was definitely a joy to work with. She was very confident in her advice she gave us and had straight forward answers to the questions we asked. I would recommend her to anybody.
Joe Braun and April Bornhoeft
We worked with Ginger for several months. She was very patient with us and our need to find just the right house. She asked us good questions and brought up good points to help us with decision making. Ginger is very knowledgeable and enthusiastic about educating her clients. Thanks Ginger!
Matt & Shauna Young
Melani and Ginger were recommended to us by a friend, and we have not regretted this decision to retain them as our realtors. We placed our home on the market just as interest rates started to go up and the housing market started to cool. Melani and Ginger were tireless in their efforts to keep our house on the front burner, they provided excellent advice and when things did not happen as fast as we would have liked, they were right there with sound encouragement. We would recommend Melani, Ginger, and their team at Elevate Real Estate for anyone’s real…
Scott Boyle
Ginger and her team are personal and authentic! They truly have your best interest at heart and work hard to provide unmatched expertise on both ends of the buying process.
Anonymous
In the confusing and often overwhelming world of Real Estate it was so reassuring to have Ginger by our side through the entire process of finding and purchasing our new home. She was always available to us no matter what the time or day and always made us feel like we were her only client. We will forever be grateful to Ginger as we believe she is the only reason our dream home became a reality! Thank you!
Laura Pfleghardt
It was such a pleasure to work with Ginger and her team! They all were very professional and prompt with everything related to our purchase. Ginger went above and beyond in so many ways to facilitate the purchase of our condo so we can be near our family. Ginger and the team at Elevate real estate ARE THE BEST!
Grayce and Lenny Albanese
In my past experiences with other real estate agents, they were dishonest. They would tell you anything you want to hear to get you to sign on with them only to come up short with what they promise they can do for you. Not Ginger! She is very honest and trustworthy! She fights for you and her values and morals makes her a great person to have in real estate, Thanks Ginger!
Tracy Prim
Elevate Real Estate is truly a cut above the rest. I have bought and sold 3 houses in the Denver Metro area. This transaction was by far the easiest, quickest, and most successful of them all. When researching Real Estate Brokers I thought Who better to represent me in this transaction than A Broker who is also a law school graduate. The notion of added security, In an area that I know little about, certainly helped me sleep better at night. Upon interviewing Ginger & Pam their Knowledge and Confidence, and commitment in selling my house quickly & for top…
Jeff R.
Ginger and her team are the best. They are not just help me buy and sell my house, they are doing so much after the closing. I really appreciate it and will refer them to all my friends.
Connie Milner
Melani, We wanted to thank you for everything you’ve done for us. You were so pleasant to work with, so kind and caring and you always brought a smile to face. That has to be such a tough role and the amount of patience needed can only be met by the select few and you are one of them! Thank you for guiding us every step of the way and getting us to the point where we officially get to say…WE ARE HOMEOWNERS! Nothing makes me happier. Thanks again for everything, keep in touch!…
Kristin & Nate
Ginger, Melani and everyone they work with are amazing. They’re kind, honest and patient. They were there with us every step of the way and helped us through everything. I highly recommend them to anyone who needs a Realtor.
Debbie Davis
Ginger and her team are extraordinary. Ginger was able to quickly understand our needs, communicate well and get us exactly what we were looking for. I have never met a harder working, more knowledable real estate agent-and she is an incredible person on top of it. Her expertise and knowledge is unparalled. We would highly, highly recommend her!
Nicole S.
We’ve done business with Melani on two occasions – purchasing a home and a condo over the past few years. She is professional, knowledgeable, organized and has excellent follow-through. With a real estate transaction that involved some difficult personalities, she was adept at dealing with some delicate interpersonal situations. Melani was strong when she needed to be, and also patient and diplomatic when she needed to be. At all times, she had our backs and advocated for our best interests. She also approached tricky situations with good humor which was also appreciated! I’d highly…
Kathryn Scruggs
We had a great experience with Elevate Real Estate while buying our home. Penni and Ginger were both knowledgeable and attentive. Everything went without a hitch. We would highly recommend them!
Cara and George Bernath
We worked with Ginger and Brittany for 4 months. The market is really tough and they were so patient with us. They would come out to show us just one house when needed on short notice. They helped us with every question we had, no matter how small or big. We felt so comfortable with them throughout this process. They made this scary process so much easier. We are thrilled with our home! But we both miss seeing and talking with them on a regular basis! We are definitely going to recommend them to anyone in need. Thank you so…
Kristen and Damian Patterson
Working with Ginger and her associates @ Elevate Real Estate was wonderful! They made the process of selling my townhome easy and hassle free during a very stressful time in my life. I recommend them to everyone!
Staeci Lee
I already talked with your HVAC guy and will be using him on our current flip. You saved me $1,300 by using him. A BIG thank you to to you!!! You have also given me that rental cd in the past. I have used that many times for my rental properties!!!! You’re the best. Most people keep their knowledge close to them and protect it. You on the other hand are not afraid to share it to help others become more knowledgeable, save them time and MONEY too!
Cathy Hasse
Working with you was amazing from start to finish!! Thank you!
Shawn and Lauren Lutz
We first met Ginger Matney several years ago. Although we were not ready to purchase real estate at that time, we were very impressed with Ginger’s knowledge and her commitment to her clients. Once we decided we were ready for a larger investment, Ginger was an excellent guide for us. Through the entire process she was honest, open, and sincere. We have never had someone so attentive! Her guidance and advice in regards to our real estate purchases is unmatched.
Cari Lewton and Trevor McManus
I’ve been renting from Ginger for almost a year and a half, and it has been the best experience. Any time that something needs to be fixed or tended to, she has it done right away without any trouble on my part. She is easy to work with, always considerate of her tenants, and above all, a star to work with. I personally recommend her to anyone who is looking to rent or buy.
Krystal McAninch
We had never bought a home before and Ginger was so patient with us throughout the process. She guided us toward homes she thought we’d like based on comments we made to her, and she was incredibly in answering all of our questions. She created a welcoming environment in which we could ask any question so that we could make a decision that was best for us. We couldn’t be happier with our decision to buy our first home or with Ginger, Pam and Brittany’s expert guidance and assistance in getting us there! Thank you!
Nick and Alicia Severn
The absolute best Realtors in Denver!
Tom DeLyser
If you are looking for someone who will have your back through the process Melani is someone who will. She is diligent, thoughtful, and cares immensely. She is also a great teacher of the process. I am so glad I had her in my corner.
OC
Ginger never gave up on me! After looking at homes for a couple of months in 2009, I took almost a year hiatus from looking and then I resumed the search and put down multiple offers in my attempt to find my ream home. Ginger was always willing to go the extra mile and spend extra hours to help me get my home!
Katie Weeks