Short sales make up a huge percentage of the Denver real estate market. Depending upon the area, we are seeing as much as 50% of the market consisting of short sale transactions. For those of are unfamiliar with the term, “short sale” these are sales when the homeowner is selling the home for less than [...]
Denver Short Sale Advice: Homes selling as short sales in the metro Denver area are very common. Most buyers aren’t aware of the difference between buying a short sale home and any other type home on the market. By definition Short Sales are homes where the seller is upside-down with their mortgage. The reason being [...]
Denver Foreclosure Information Working with homeowners in distress often brings many questions. Some questions I can answer with ease, others I have to look to others to find. When it comes to your FICO score there are certain factors that effect it. FICO Scores use mathematical models taking into account various factors in each of [...]
Homeowners who need to sell a property as a short sale, should be aware of what it takes to facilitate a sale with your bank. The very nature of a short sale means the bank agrees to accept less than what is owed on your mortgage. Obviously, the bank is under no obligation to grant [...]
The trauma of facing the loss of one’s home is paralyzing. A homeowner who has a situation where he no longer can make payments on a mortgage due to lost income, job transfer, divorce or any number of reasons needs to face reality. The change in life’s circumstances might feel like one is walking down [...]
Kristal Kraft
The Berkshire Group, REALTORS®
3801 E. Florida Avenue, Suite 400
Denver, Colorado 80210
720-279-4599 direct
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