Using these searches, you can now search every short sale in Metro Denver, including homes, condos, income properties, and land. Most Metro Denver short sales are homes and condos, but land and income properties can also be sold as short sales.
A short sale is a home that is being listed and sold, with the lender's permission, for less than the homeowner owes on the mortgage loan. This happens as a last-ditch effort to avoid foreclosure. A short sale is different from a foreclosure or a HUD home.
Home Buyers: Buying a short sale takes longer than other kinds of properties. The terms and price of the short sale must be negotiated with the lender (not the homeowner). Lenders usually respond relatively slowly in short sale negotiations because different departments and committees are involved in each decision.
Sellers: For the homeowner, there is a huge difference between a short sale and a foreclosure. In a foreclosure, the seller leaves or is evicted from the property and gets nothing. In a short sale, the seller can usually continue to live in the property while it's being sold, and usually receives money from the lender to help them find another place to live. A short sale also does much less damage to a homeowner's credit history, future ability to obtain credit, and employment than a foreclosure.
Dave is certified as an SFR (Short Sale and Foreclosure Resource) by the National Association of Realtors. As an SFR, Dave has the training and experience to assist both buyers and sellers of short sales. Whether you're a buyer who wants to buy a short sale property, or a homeowner who wants to negotiate a short sale to avoid foreclosure, Dave will help and advise you every step of the way.
All Realtor fees for short sales are paid by the mortgage lender. Dave's services as a listing agent or buyer's agent for short sale properties are completely free to you.
To get started, call us today at (720) 597-0916 or fill out our contact form.
To search for short sales, click on the Advanced Search link in the top menu. Choose "Yes" for Short Sales.
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