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How To Approach Denver Metro Area Short Sales

Posted on June 26, 2009 by DenverHomePro

The First thing you need is:

  • A Realtor that’s skilled in short sales and knows how to negotiate with the banks. If you’re interviewing an agent for this type of sale or your property make sure
  • they’ve done short sales before
  • they have a relationship with a title company that knows how to get short sales accomplished. These are terribly difficult negotiations especially if you have more than one loan on your property. You need somebody that knows the ‘Ins and Outs’ and how to navigate the system in order to achieve success for you.
  • The second point of short sales is your qualifications. I’ll go into this in more detail later but you have to know that there are certain qualifications. Not everybody can qualify for short sale. If you owe more than your home is worth, you need to talk to somebody about exactly what it would take to even get a short sale approved. One tip is you might want to contact your lender or lenders and find out if you can get a hold of their short sale package so you know their specific requirements because they do vary slightly from lender to lender.

Those are a couple of quick points for you. If you owe more than you think you can sell your home for, then you really should give me a call or drop me an e-mail and we can have a private confidential consultation about it. There’s no charge for that. I can determine very quickly if a short sale is something that would be worthwhile and successful for you to pursue.

Call me today at 303-526-2606 or e-mail me Sam [at]  HomeSam.com or visit my website www.HomeSam.com where you can also order a free broker price opinion market analysis of your property to find out upfront if you can even sell it for what you owe on it. Then we can talk about a regular sale or the potential of a short sale once I get that information back to you.

Until next time

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