PROBLEM for SELLERS: Colorado currently has one of the highest foreclosure rate of any state in the country. Creative financing designed to benefit banks and lenders has created a massive problem for homeowners, many of whom have mortgages equal to or above the value of their homes. Without enough equity to cover the cost of a sale, homeowners are finding that to sell their home, they must to come to the closing table with thousands of dollars in sales commissions--an impossibility for 99% of sellers. As a result, many of these owners end up in foreclosure and/or bankruptcy.
SOLUTION for SELLERS: Most realtors won't take listings where there isn't enough equity because there's no way for them to get paid. But I work with sellers who are in this position by negotiating a SHORT SALE with the bank. The bank agrees to take less than the loan's present value, allowing you to sell your home without coming to closing table with cash and most importantly, NOT going into foreclosure or bankruptcy. You may not even realize that a short sale is your best option because you won't hear about it from your lawyer, and you certainly won't hear about it from your mortgage company.
VALUE to BUYERS: If you're buying, purchasing a short sale or pending foreclosure property is an excellent way to step into an equity position right at the closing table. Since I specialize in helping people out of their homes through short sales, I have access to many of these properties the moment they're on the market. I sell to numerous investors who continually pick up these phenomenal opportunities, but home buyers can and should benefit as well!
PLEASE contact me through e-mail or at 720-981-5806 or 303-489-7720 to find out how you can make foreclosures and short sales work for you. Whether you're a buyer, seller, or investor, I can assist you with a profitable solution to your needs.