
In addition to our negotiation services, we also offer full real estate brokerage for the State of Colorado. Our specialized brokers know how to market and competitively price your property so it will sell quickly in today's challenging market.
We specialize in resolving property situations where there is little or no equity!
Unfortunately, in many foreclosure situations the homeowner is unable to sell the house to stop the proceedings because they cannot afford the thousands of dollars in commissions and closing costs or there is not enough time to sell and close before the auction date. We also often find that the homeowner owes more than the house is worth. Thus it is highly improbable to sell at the market price without bringing thousands of dollars to the closing.
Many real estate brokers either avoid doing short sales or don't know how to do short sales.
Typically, naive brokers will list your house for what is owed PLUS the commissions and closing costs which is commonly 'out of touch' with the real market. They do this because this is the only way they know how to solve the problem. Your house will not sell because it is priced too high and the broker has lost nothing. Meanwhile, you simply run out of time and the house goes to auction. Although they may mean well, such brokers do a tremendous disservice to the distressed homeowner, in our opinion.
Also, many brokers want to continue to spend their time doing what they do best, listing properties, marketing, finding buyers and negotiating contracts. Your house may just be another listing to them and many DO NOT want to spend their time on negotiating and being put on hold with your lender for hours at a time - only to have their commission cut by the lender at the end.
In such a scenario your situation is probably quite different (think time intensive) from all of the other listings they are handling. Rather than providing the special attention and treatment necessary to solve your problem, your unique situation commonly goes to the bottom of their priority list because it requires so much extra effort.
As our company name indicates, we specialize in preventing foreclosures and negotiating short sales for homeowners. Unlike most brokers, we price our listings competitively regardless of how much is owed, because we are confident in our ability to negotiate effectively with your lender(s).
We are only paid when we are successful in selling your house and negotiating down your debt. You can feel comfortable that we will work diligently to stop your foreclosure. Our success is due to our extensive experience, expertise and great customer service. Moreover, we work in this real estate specialty every day. It's what we do.
Question #1: How many short sales have you listed and sold
in the past 6 months? This is important because you want an
agent who is up to date on all the potential issues. They should
understand the short sale process from start to finish.
Question #2: In the past, what lenders have you negotiated
short sales with? It is helpful when the agent you are
interviewing has already done short sales with your lender. You know
that they will already be familiar with your lender’s policies and
procedures.
Question #3: What can you tell me about my lender and how
they work? A knowledgeable and experienced agent will
usually know the specifics about your individual lender(s). They
will be able to tell you what to expect in the process. They will
know upfront what potential issues and liability you may be facing.
Question #4: What is your track record for success and
failure on short sales you have handled in the past? Look
at the agent’s track record. If they are hard working and diligent,
then they will have a strong track record. Ask them to provide
examples of recent transactions or even referrals.
We highly encourage you to visit our Homeowner Education Page. Informing and educating yourself is critical in foreclosure situations as it will be invaluable in helping you to make the best possible decision.
You can always submit your information online so we can contact you to learn more about your situation and help right away.
Call us to schedule your initial foreclosure assessment or if you have questions - 303-399-7484