Denver, Highlands Ranch, Lone Tree, Englewood, Larkspur, Castle Rock, Parker, Monument, Colorado Springs Realtors and Short Sale Agents Short Sale Agents Specialists - Colorado Realtors -Colorado Real Estate The short sale process for Real Estate for sale in Colorado consists of: Creating a lender-required series of mandatory financial documents in order to assemble a package of information for the lender to make an informed decision regarding granting you a short sale approval Listing your home at actual market value Marketing your home aggressively and strategically Negotiating all offers received effectively with your lender, requesting at the onset forgiveness of any deficiency Requesting that the lender mitigate negative credit reporting of your situation Satisfying all contract conditions and contingencies in a timely manner Scheduling and arranging Title to close the transaction with all parties There are several key factors involved in achieving the goal of a successful short sale: Understanding the Colorado Foreclosure Time line Understanding the Colorado Foreclosure Protection Act Understanding the short sale time frame for each lender involved Educated, seasoned and professional short sale Real Estate Specialists Effective, aggressive, strategic Marketing Process Dedicated and knowledgeable Realtor Specialists able to handle negotiations with creditors on your behalf. Helping you find real solutions. You don’t have to have a 10-15 year credit hit on your history because of a foreclosure. You do have options. Let us help you. Short Sale Package Lenders require specific documentation to be sent to the lien holders on the property in order to consider a short sale for you. Banks will not consider an incomplete documentation package, so it is important to submit a completed set of the mandatory documents at first contact. There is a detailed amount of paper work to put together and to keep updated every month for the lender(s). This required documentation from you, the homeowner, will demonstrate to the lender(s) that you require a short sale. List of Homeowner required documentation Third Party Authorization to Release Information (grants your Realtor authority to negotiate with your lenders on your behalf) Homeowner Hardship letter Financial Statement Most recent two month’s of Bank Statements for all accounts Most recent two month’s of pay checks received from all borrowers on the loan Self employed homeowners will be required to show a quarterly and annual profit and loss along with business checking statements Most recent two years of Tax Returns with W2′s Bank Disclosure Forms Current Mortgage Statement for the first and second loan (if applicable) All documentation outlining any additional income you receive (examples: alimony, child support, disability, workers compensation) Listing Agreement Contract to Buy and Sell, inclusive of all disclosures and agreements to sell the home Short Sale Addendum Additional Addenda and Disclosures as required by the terms of the transaction Additionally, our past 90% success rate of getting forgiveness of any seller deficiency, clearly shows our dedication to our clients best interests. Call or email us today to get the help you need to move forward. With 24 years of experience to bring to the closing table on your behalf, our assistance is a service you can lean on. Please allow us to put our expert short sale services to work for you. We recommend you consult with your attorney and tax professional concerning your specific situationto determine if a short sale solution is an option for you. Here is our top recommendation for a great Attorney: www.Frascona.com The two biggest issues for a seller to realize is the need to take action as soon as possible and understanding that you need a short sale agent REALTOR Speciailist with experience and training. You can lose your home to foreclosure while an untrained agent tries to get the home sold. Your choice does matter. Every minute you wait to call, you are more at risk. Our Denver, Highlands Randch, Ken Caryl, Littleton, Lone tree, Englewood, Larkspur. Monument, Castle Rock, Parker and Colorado Springs Short Sale Agents REALTOR Specialists stand ready to assist you with speed and accuracy. The longer you decide to wait the more difficult it may become, to help. As Colorado Short Sale Agents REALTOR Specialists, we treat all our clients with confidentiality, dignity and respect. Do you have questions? Call us at 720-279-5420 Or email us at:AngelRealty@Icloud.com