A List Of Everyone Who Benefits From A Fort Collins Short Sale

Fort Collins CO – First, it benefits the owner of the loan. The owner can be the bank or a third party such as Fannie Mae or Freddie Mac. They are Quasi-Governmental Entities.


The American Taxpayer has bailed them out to the tune of hundreds of millions of dollars and will continue to bail them out for any future losses.


Click here to discover how other sellers successfully did a short sale and avoided foreclosure.


These two entities own about 55-60% of all American Mortgages. So, it is very likely that a short sale benefits not just them, but also every single American Taxpayer.


Two other entities insure another 10-20% of all American Mortgages. Those two entities are FHA and the VA Loan Program. All veterans benefit from a short sale of a VA Loan because it helps reduce losses on the VA Loan Program.


Up until recently many experts speculated that the FHA Loan Program would need a bailout. Fortunately, the program's finances have improved and it looks like it will no longer need a bailout.


But, every short sale that helps the program reduce its losses helps it move further away from a bailout.


I am sure you are asking, "Why does a short sale help a bank reduce its losses compared to a foreclosure?"


The reason is because they get to sell the house at today's price, versus what it will be worth 6-12 months down the road. I just did a comparison and pulled up sold listings.


All of the listings were the similar properties in similar neighborhoods. First, I looked up the average selling price per SQFT of homes that sold in Spring. They sold for an average of $103 a SQFT.


Then, I pulled up homes in the same neighborhoods that sold as REOs in the last 2 months. They are sold for an average of $85 a SQFT. These homes average 1,700 a SQFT. That means a 1,700 REO sold for $30,600 less. Ouch!


The other person that's getting value is the buyer. They get a better deal in today's market than buying a home from someone who is trying to squeeze out every penny.


You, the seller also benefit. You will be eligible to buy another home in 24 months. You have a better chance of getting a job, because many employers check that nowadays.


A short sale is a win - win for everyone involved. Thinking about a short sale?


I can help you short sale your property and get back on your feet. Send me an e-mail at RobKittle70@msn.com. I will contact you for a free consultation.


When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (970) 690-4920


Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.


Thinking about a loan modification? Our Fort Collins loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.


Thanks for reading this, Rob Kittle.



Rob is a Real Estate The Kittle Team at Keller Williams Realty. Fort Collins Short Sales Realtor:


Phone: (970) 690-4920. RobKittle70@msn.com.

We Specialize, You Benefit

View My homes for sale at www.RobKittle.com.


Rob Kittle specializes in loan modification assistance and short sales in Fort Collins Colorado. Fort Collins Loan Modification Help, Fort Collins Short Sales. Fort Collins Short Sale Realtor Fort Collins CO Short Sales. Fort Collins Realtor.


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Important Notice

Rob Kittle, Keller Williams Realty, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.


However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.


We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Rob's personal views and do not reflect the views of Keller Williams Realty.

This information on A List Of Everyone Who Benefits From A Fort Collins Short Sale is provided as a courtesy to our viewers to help them make informed decisions.