Colorado Short Sales

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Search Colorado Short Sales for sale on the MLS. View recent sales and find homes for sale in Colorado which allow for a 50% commission credit.

Colorado Short Sales

If a homeowner is having difficulty paying their mortgage and their Colorado home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Colorado home for sale as a short sale, they accept only one offer and submit it to their bank with a short sale package requesting mortgage debt relief. If their lender approves a short sale, they will inform the seller of the minimum net proceeds the bank will take in order to write off the sellers defaulted debt. It is often difficult to reduce the lenders’ short sale approval amount once the lender has made their decision. On loans with mortgage insurance, the lender’s losses are often covered by their insurance up to a certain amount. If a lender accepts a short sale they are likely to not receive a payout from their insurance, so knowing what coverage they have on a loan policy is key when requesting a short sale. If you’re interested in purchasing a Colorado home for sale that is listed as a short sale, know that it can be a lengthy process. Those that wait can often get a better deal than a foreclosure; since the bank only reviews 1 offer versus a foreclosure which may have multiple bids. However, a short sale could take months where a foreclosure sale can be sold within days.

Short Sales in Colorado by County

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Hottest Short Sale Listings in Colorado


Pending
  • Located in Rialto
  • Built in 2024
  • MLS #: SW24023960
  • 4 Bedrooms
  • 3 Baths
  • 2,547 SqFt
More details Listing by Todd Myatt, Century 21 Masters

Pending
  • Located in Rialto
  • Built in 2024
  • MLS #: SW24024033
  • 4 Bedrooms
  • 3 Baths
  • 2,700 SqFt
More details Listing by Todd Myatt, Century 21 Masters

Active
  • Located in Pomona
  • Built in 2024
  • MLS #: CV24057952
  • 3 Bedrooms
  • 3 Baths
  • 1,536 SqFt
More details Listing by Wesley Bennett, BMC REALTY ADVISORS

Active
  • Located in Chula Vista
  • Built in 1952
  • MLS #: PTP2302951
  • 3 Bedrooms
  • 2 Baths
  • 1,257 SqFt
More details Listing by Mercedes Estrada, Coldwell Banker West

Active
  • Located in Carmel
  • Built in 1962
  • MLS #: ML81957938
  • 4 Bedrooms
  • 2 Baths
  • 1,721 SqFt
More details Listing by Gianna Malfitano, Compass

Active
  • Located in Monrovia
  • Built in 2007
  • MLS #: AR24033348
  • 1 Bedrooms
  • 2 Baths
  • 1,650 SqFt
More details Listing by Donna Baker, Douglas Elliman of California Inc

Active
  • Located in Bakersfield
  • Built in 2006
  • MLS #: 24368716
  • 5 Bedrooms
  • 3 Baths
  • 3,188 SqFt
More details Listing by Mezdan Mota, The Dana Real Estate & Investments Inc.

Pending
  • Located in Pomona
  • Built in 2024
  • MLS #: CV24013810
  • 3 Bedrooms
  • 3 Baths
  • 1,536 SqFt
More details Listing by Wesley Bennett, BMC REALTY ADVISORS

Active
  • Located in Carmel
  • Built in 1950
  • MLS #: ML81956750
  • 2 Bedrooms
  • 1 Bath
  • 850 SqFt
More details Listing by Alessia Ucelli, Monterey Coast Realty

Active
  • Located in San Bernardino
  • Built in 1961
  • MLS #: CV24041198
  • 3 Bedrooms
  • 1 Bath
  • 1,137 SqFt
More details Listing by Yolanda Evans, YOREALTY GROUP

Active
  • Located in Chula Vista
  • Built in 1964
  • MLS #: 240005697SD
  • 2 Bedrooms
  • 2 Baths
  • 1,056 SqFt
More details Listing by Jose Cobian, Jose Cobian

Active
  • Located in Blythe
  • Built in 2005
  • MLS #: 219108326DA
  • 3 Bedrooms
  • 2 Baths
  • 2,002 SqFt
More details Listing by Summer Spraggins, Allison James of California

Active
  • Located in Blythe
  • Built in 2007
  • MLS #: SB24014790
  • 3 Bedrooms
  • 2 Baths
  • 1,997 SqFt
More details Listing by Mike McAndrew, Mike McAndrew

This information is believed to be accurate, but without any warranty.

Colorado Real Estate Listings

Search homes for sale in Colorado through our MLS powered real estate search. Find and compare homes, condos, and land for sale in Colorado. Visit open houses or schedule a tour online with one of our partner agents. When you’re ready to make an offer on a Colorado home, you’ll recieve a 50% commission credit when you submit your offer online with OfferDash®.

Open Houses in Colorado

If you’re in the market for a new home or just love staying current with what’s on the market, check out the list of Colorado open houses happening this weekend. We can help you plan a day to tour homes for sale that are having an open house. When browsing homes for sale in Colorado, just hit the save button and build your open house list of homes you want to tour. If you’re not finding any open house options on a property you want to tour, our local Partner Agents can schedule a private tour for you.

Making an Offer to Buy a Home in Colorado

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Colorado home for sale that you want to buy, just enter the address in our offer submission form and we’ll automatically draft a legal offer within minutes. In return, you’ll receive a 50% commission credit back for closing costs.

Colorado Home Values

Determining your Colorado home’s value is a 3 step process. A great way to begin is by checking your property value using our automated home valuation software. This free tool can help you determine what your home might sell for and even calculates estimated rental income it could generate by leasing out your property. To begin the process of determining your Homes value, start a free instant home valuation.

Colorado Foreclosures

If you’re looking to purchase a Colorado home for sale at a bargain price, foreclosures can often be a great opportunity for experienced investors. If a homeowner defaulted on their mortgage and is unable to pay off their debt before their home auction date, the property will revert back to the lender through the Colorado foreclosure process. Once a home has been foreclosed on, it will either be sold off in bulk by the bank or listed with an agent who will add to the MLS. Prior to entering into the MLS, it is often only possible to purchase a foreclosure if you have cash. However, once the property comes on the market through the Colorado MLS, there is typically preference within the first 2 weeks to FHA or other government-backed mortgages; if the prior loan foreclosed on was a government-backed mortgage.

Colorado Short Sales by City

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