Chuck Wartman
DIRECT: 719-231-5525
1740 Chapel Hills Dr., Colorado Springs, CO 80920

Colorado Springs Re/Max Properties

Information on Colorado Springs Real estate market. Short sale updates and local market conditions.


6276 Tenderfoot Dr Colorado Springs, CO 80923
MLS #: 732252
$275,000
4 bedrooms 3.00 bath

What a fantastic home! This well laid out home located in a newer area and close to parks offers many upgrades.

View the Photos and Virtual Tour: Click Here

RE/MAX Properties
Chuck Wartman

Phone: 719-231-5525
Mobile: 719-231-5525

This information is deemed reliable, but is not completely guaranteed. Buyer to verify all information.

E-mail: chuckwartman@gmail.com

Colorado Springs Security area Short Sale.
On April 17, 2012 Freddie Mac issued a Bulletin outlining new time line guidelines for it's servicers for Short Sales. The time lines also apply to Fannie Mae backed loans. The time limes go into effect on June 15, 2012 but servicers are encouraged to implement these changes prior to that date.
At one time short sales were done infrequently. In recent years they have become more and more a common way for a seller to sell there home. If you have a home that is underwater and you have to move or cant afford it then this is a great option rather than walking away from it or just giving up and letting it go into foreclosure. The process to market the home and get an offer is similar to doing a traditional sale. Find an agent that knows short sales http://www.ChucksHomeRescuePlan.com The agent lists the home for the current fair market value. - It's important to note here that the banks go off of the current value of the home not what it is you owe them.
This has been the toughest of times, there are always a few shysters that emerge with schemes that serve to make a bad situation even worse.
In today's real estate market there are 2 types of Realtors. Those who understand the complexities of Short Sales and those who do not.