Shawn
719-264-7777
Is Your Colorado Springs House Upside Down?
Art Imitates Life
Visitors to the upside-down house created by Polish artist Daniel Czapiewski get a look at the artists representation of the current affairs of his country. Funny how art can imitate life isn’t it. Many Colorado Springs homes have left their owners upside down too. The sad thing is that it is not art–it’s real!
In recent years many people calculated their wealth based on the equity in their homes. If you bought your home in the past few years, that equity has declined at a rapid pace. The good news for those that can stay put for a while is that the market will improve over time.
For those who need to sell a home now, the story is a different one. In some areas, townhomes that sold 1n the past two years in the 160′s now sell as REO properties in the 80′s. Crazy! Fortunately, most areas of Colorado Springs are not in such bad shape.
If you need to sell now due to a PCS move or other transfer or if you just want out–call me now! I can assist you in the sale of your home no matter how upside down you are. Banks are willing to work with their customers. You just have to ask!
Short sales can be tricky but I am familiar with the process. We can get approval in all kinds of situations. Many times borrowers do not even need to be late on their payments. Each situation is different. Contact me today and let’s talk about how to make this process as stress-free as possible for you!