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Your Short Sale Resource Center!With a Short Sale, the Bank Pays All The Fees!
A Quick Overview of the Short Sale Process in Colorado SpringsA short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. 1) List the home with me For Sale 2) Gather the required documents 3) Receive an offer 4) Submit packet to the bank/negotiator 5) Bank gets 3rd party valuation of the home 6) Offer is submitted to investor for final approval if valuation is good 7) Approval letter is sent to the Realtor 8) Close within 30 days after approval is given
Here is an interactive Short Sale Packet from Freddie Mac and Fannie Mae home loans. Interactive Short Sale Packet (BRP)
Additional Information: Avoid Mortgage Scams!. There are some warning signs to look out for. This link gives a printable PDF flier of what to avoid.
Here is a list of required documentation to perform a Short Sale in Colorado Springs. If you have further questions about the Colorado Springs area or Colorado Springs real estate markets, please don't hesitate to call Chuck Wartman at 719-231-5525 or send an email.
Colorado Springs RE/MAX Properties, Inc.We are the #1 Real estate company in The Colorado Springs Area. (719) 231-5525 Colorado Springs Short Sale Agent
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