Mile High Short Sales

1909 South Downing Street, Denver $615,000

A rare Platte Park bungalow. Recently updated and newly finished wood floors. Two spacious bedrooms on the main floor and a non-conforming bedroom on the lower level. Th...

3 Beds
2 Baths
6354463 MLS
List Price Price Type

Courtesy of HomeSmart Cherry Creek

4867 Halifax Street, Denver $300,000

Great family home in Green valley Ranch. This home features 3 bedroom and 3 bathroom on over 1800 Sqft with central a/c. This home has a lovely front yard and 2 car garag...

3 Beds
3 Baths
3509395 MLS
List Price Price Type

Courtesy of EXIT Realty Denver Tech Center

8944 Fox Drive Unit 6-202, Thornton image

8944 Fox Drive Unit 6-202, Thornton $250,000 ▼

SHORT SALE! GREAT LOCATION / 2ND FLOOR CONDO! 1 CAR GARAGE , 2 BED/2BATH, FIREPLACE, AC, FAN, MARBLE TILE, A/C, MASTER BATH HAS OVERSIZED TUB.

2 Beds
2 Baths
4391739 MLS
List Price Price Type

Courtesy of MARCELLA GALLO

18133 Lincoln Meadows Parkway Unit 113, Parker image

18133 Lincoln Meadows Parkway Unit 113, Parker — Vehicle Vault $350,000

WELCOME TO THE ULTIMATE CUSTOM GARAGES AT THE VEHICLE VAULT*A UNIQUE STORAGE "CONDO CLUB" FOR LIKE-MINDED INDIVIDUALS SHOWING PASSION FOR COLLECTIONS*34 INDIVIDUAL UNITS ...

0 Baths
1821532 MLS
List Price Price Type

Courtesy of RE/MAX Alliance

11250 Florence Street Unit 4D, Commerce City image

11250 Florence Street Unit 4D, Commerce City $265,000 ▼

PRICE REDUCED!!!! PRICE 10K UNDER COMPARABLE PROPERTIES!!! 3 bedroom, 3 bathroom townhome available in the Lakes at Dunes Park! Cozy living room with gas fireplace. Fo...

3 Beds
3 Baths
6603563 MLS
List Price Price Type

Courtesy of Keller Williams Realty Downtown LLC

15889 Josephine Street, Thornton $465,000 ▼

Beautiful Ranch style home Open floor plan 3 beds 2 baths plus Study/office 3732 sq ft (1866 sq ft finished + 1866 sq ft unfinished full basement) with 2 car garage. Gre...

3 Beds
2 Baths
7602835 MLS
List Price Price Type

Courtesy of ANDY YOUNG REALTY

9615 Marmot Ridge Circle, Littleton image

9615 Marmot Ridge Circle, Littleton $319,900 ▲

Great opportunity in a beautiful neighborhood.

3 Beds
3 Baths
3187539 MLS
List Price Price Type

Courtesy of Brix Real Estate LLC

1143 Harrison Street, Denver $735,000

Congress Park row-home is low maintenance, city living; perfect for entertaining or exploring all that Denver offers. Inside features gourmet kitchen with gas stove, upg...

3 Beds
4 Baths
6254821 MLS
List Price Price Type

Courtesy of 8z Real Estate

1149 Dick Mountain Drive, Bailey $600,000 ▲

Do you want to be KING OF THE MOUNTAIN? The views from this mountaintop home will take your breath away! This home needs work and the price accommodates for that. Updatin...

6 Beds
3 Baths
4894359 MLS
List Price Price Type

Courtesy of HomeSmart Realty Group

10220 Echo Circle, Firestone $360,000 ▼

Opportunity in St. Vrain Ranch. Need some fix and clean up. Structure is fine.

4 Beds
4 Baths
9239129 MLS
List Price Price Type

Courtesy of MB THE TORRES GROUP

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions

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SHORT SALES

Short Sales or Pre-Foreclosures are:

Properties whereby the homeowner is behind on mortgage payments or are otherwise upside down in terms of value of the home, meaning they owe more than the home is worth.
To purchase Denver houses via a short sale can be lucrative, but are time consuming as the bank does not actually own the property but rather the homeowner still does. All negotiations for the sale of the property using a short sale or pre-foreclosure approach must be handled through the homeowner and they in turn negotiate with their lender to accommodate the short sale.
You’ll need to be patient buying a short sale opportunity as these can take months to negotiate, however newer procedures are in place to speed this up. When you submit offers for Denver homes that are pre-foreclosure or short sale listings, the process can take about 2-3 months to hear back from the bank if the bank has not already approved a short sale for the property.
Buying Denver houses offered for sale via a short sale or pre-foreclosure opportunity can be a great opportunity to build your investment portfolio or acquire that first home, but you must be patient. Understand that the banks are the driver’s of this process and while they would prefer to avoid taking the property back through foreclosure, they are usually understaffed and have inventory ahead of the property you want to buy.

It is important that you know your options!
Our team has extensive experience and resources to help:

Mile High Home Sales Closes 98% of All Short Sale Listings.
We Handle Contract and Negotiations With Your Bank.
A Team of Specialists Who Specialize In Short Sales Will Help You Through the Process
Many banks offer monetary incentives at closing that can amount to a savings of thousands of dollars.

If you need any information about short sales:
PLEASE CONTACT US.

Our Team Holds Several Nationally Recognized Real Estate Designations that Increase Education and Knowledge of Short Sales:

CDPE (Certified Distressed Property Expert)
CHRE (Certified Home Rescue Expert)

Mile High Home Sales

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SHORT SALES