Elizabeth

With a spectacular view of the Rocky Mountains, Elizabeth's home on Colorado's high prairie and its convenience to the Denver/Colorado Springs metropolitan area have made Elizabetht a popular place to live and work. 

Located at the end of the Black Forest, Elizabeth offers heavily wooded areas of tall Ponderosa Pine, as well as great views of the Rocky Mountains.  Elizabeth has recently experienced tremendous growth, yet still retains much of its small-town character and charm

Are you looking for homes for sale in Elizabeth, Colorado? On our site you can view recently listed real estate properties throughout Elizabeth, Colorado at Denver Hot Homes.com. We have hundreds of listings for you to view including condos, townhomes, foreclosures, new homes and apartments for rent. We are also specialist in Zero Down homes and Rent to Own homes in Colorado. Once you have found a listing that fits your criteria, simply sign in on the home page to gain full access to our site. This will take less than a minute and once you are logged in....all of the information is FREE.

Denver Hot Homes lets you search for Elizabeth real estate at your own pace. If you are just thinking about a buying a home, no problem there are many tools on our website that will help you with the Bailey Colorado real estate market. If you are ready to start seeing Bailey homes in person, just let us know. Our local, licensed Bailey REALTORs can show you any property on the market.

Let Denver Hot Homes help you find the perfect home in the Elizabeth, Co.

Tip for buying a home in Elizabeth, CO

How To Buy a House with No Money Down

More people are buying homes with zero down loans than ever before! No wonder nearly 70 percent of Americans have kissed renting goodbye! And, if you have the seller pay closing costs, you will may be able to get into your own home for just the cost of the appraisal. Here are some good No Money Down loans to pick from...

Conventional Loans backed by Fannie Mae (FNMA) are the best choice. The higher your score, the better your rate will be. 680 will give you a significantly better rate, but people with scores as low as 527 have been approved through Desktop Underwriting (DU). You will also need to meet the debt-to-income requirements. Having liquid assets such as a savings account and 401(k) can be a significant factor in your approval, and may help to compensate for a marginal credit score or debt-to-income ratio. Beware of PMI (private mortgage insurance), a fee that is added on to your monthly payment, because with zero down loans, they can be very high. However, as of 2007, PMI is now income tax deductible. One fantastic feature of conventional Fannie Mae loans is that they have no prepayment penalty, so you are free to refinance just as soon as your credit score improves.

Low Down Payment Loans

3% Down Payment
The 3% down payment loan is very popular. You get a better interest rate than with most zero-down loans. The 3% can be a gift from a family member or it can be your own money. You can have the seller pay the closing costs or you can pay them yourself. To qualify for this loan, a score of 620+ is required for conventional loans; however, the FHA and VA loans do not go by credit score, and it's okay if you have a bankruptcy in your past, as long as it was discharged 24 months ago.

It Makes Sense To Buy Now!

Often it makes sense to buy a home now, even before you have money saved, in order to take advantage of tax deductions and to own a home before the prices go even higher. For most people, the quality of life achieved by owning their own home is more than worth the effort, and sometimes costs no more per month than renting. If you want a no-down or low-down loan, you need knowledge and a specific plan. Afterall, buying a home is a major purchase and a commitment.