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Testimonials
Marc was so easy to work with! I love my house and can't imagine picking a better realtor.
Thanks so much!
Marc worked with me for several months, and helped me find the perfect home for my Son and Daughter-in-law. He was responsive to our needs and very pleasant to work with. He made it possible for them to own their own home at a great price!
Last year we had worked with 3 different realtors before we found Mark. He understood our parameters and quickly responded with showings. Mark actually shared his opinions of the various properties and neighborhoods with us. He was very knowledgeable about the market and the areas and neighborhoods.
Mark's professionalism, experiance, and flexibility truly made our home buying experiance one to remember. We will definately use Mark for any future real estate needs and would recommend him to anyone we know looking for a broker.
Thanks Marc for finding me the house that i've always wanted. You went beyond the call of duty and i appreciate that.
I worked with plenty of Realtors before I found Marc, he was by far the best I've ever used, and recommend him to everyone I know!
Steve and I just wanted you to know that we appreciate your efforts and time and caring.
Marc must have shown me 100+ places before I found what I was looking for. He never complained I was crazy either!
Being a first-time home buyer, Marc was very knowledgeable about the process of home buying and helped me find my perfect place!
Marc was the best. His knowledge is unsurpassed. He helped me find just the right place for my needs and personality, and at a great price. Marc made my home buying experience easy and fun. I would recommend him to all.
Marc worked with me to fix my credit, to the point where he got me into a great loan and found my family the perfect home!
Marc spent months listening to me to find the perfect home, not once did I feel pressured to buy! I would never use another Realtor!
We were first time home buyers and Marc was very knowledgeable and honest. We would highly recommend The Monaco Group to anyone interested in buying or selling a house.
Marc found me a great home, and spear-headed the drive to solve the many problems that came up before the sale could go through. He always kept me in the loop and was upbeat no matter what the problems were. I would reccommend him to anyone looking for a home, especially a HUD home in which he specializes.
It has been my pleasure to know and work with him.
HUD Frequently Asked Questions
What are HUD Homes?
HUD homes were once FHA insured mortgages that the barrower has defaulted on, and the home has been foreclosed on. The lender deeds the home to the Secretary of HUD after the insurance claim is paid off and now HUD owns the property.
What kind of Financing will HUD accept?
HUD will accept a VA, FHA, and Conventional financing and cash purchases. Anyone who can qualify for a mortgage or who can pay cash may purchase a HUD home. You do not have to have a FHA loan to purchase a HUD home.
How does the HUD process work?
Once HUD owns the property the HUD home is put up on a electronic auction block, with bids to be submitted. Submitting a bid is a bit different then on your traditional real estate transaction. With HUD homes you must submit a “bid” within either the owner occupied period or the Investor period. If you purchase it as owner occupied you must live in that particular home for no less then a year and may not purchase another HUD as Owner Occupied for another two years For the first 10 days the home is open to Owner Occupant bids only, if no bid have been accepted by HUD 11th day the home will open up to owner occupied and Investor bidding. Upon a bid being submitted HUD will reply with their acceptance or rejection of the offer the following day.
Why Should I Buy a HUD Home?
This is a extremely important question, so we've dedicate a whole page so we didn’t miss anything - Why Buy a HUD Home?
Once we find a place we like, how do we submit an offer?
To submit an offer there are only three things that you need. First you need a registered HUD broker, which we are. Second you need $1,000 earnest money, if your bid is accepted then it will be credited towards the purchase of your new home, if your bid is not accepted your earnest money will be returned immediately. Last you’ll need to have a Pre qualification letter from a lender. If you have not talked to a lender yet and are interested in getting a free pre-qualification letter, we have a few excellent lenders that we use.
Who can Submit and Offer or Bid for me?
Any Real estate agent who is a registered HUD broker may submit an offer for you. Be aware that not all agents are registered with HUD or experienced enough to allow a smooth transition with the HUD process.
How do I see all the available HUD Homes?
There are a lot of website that seem to want to charge for what we consider pulbic information. If you would like to see all the HUD’s that are available, we send out a weekly brochure. To be added to this weekly brochure, feel free to contact us at or at (303) 523-5188
Are you a Register HUD Broker?
At the Monaco Group are registered to submit offers on HUD homes, and a lot of HUD transaction. If you are looking for the smoothest transaction in Colorado with HUD homes, look no farther - you've come to the right place.
