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Need to Sell Your Home in a Short Sale? We Can Help.
If you're falling behind on your mortgage or owe more than your home is worth, a short sale could help you avoid foreclosure and move forward with your life.
At the Kenna Real Estate Group at KW DTC, we specialize in short sales throughout the state of Colorado. With 20+ years of experience and a track record of successful short sales, we're the team that gets results—fast, confidential, and with your best interest at heart.
What is a Short Sale?
A short sale occurs when a homeowner sells their property for less than the amount owed on their mortgage. Your lender must approve the sale and agree to accept an amount less than the total due.
Short sales are often the best alternative to foreclosure and can help you:
- Stay in control of your timeline
- Reduce or eliminate remaining debt
- Protect your credit from long-term damage
- Avoid the public stigma of foreclosure
How the Short Sale Process Works in Colorado
- Hire an Experienced Short Sale Agent
- Our team will guide you from start to finish and represent your best interests.
- Submit a Hardship Package
- We'll help you collect and submit documents, such as a hardship letter, financial statements, and tax records, to your lender.
- List Your Home on the Market
- We list your home, just like a traditional sale, and actively seek motivated buyers.
- Receive and Submit Offers
- Once we get an offer, we submit it to the lender with the complete package.
- Lender Reviews and Approves
- The lender may order an appraisal or broker price opinion (BPO), then approve, counter, or reject the offer.
- Close and Move Forward
- If approved, you close like a typical transaction—and in many cases, walk away without owing the remaining debt.
Why Choose the Kenna Real Estate Group at KW DTC?
- Certified Short Sale & Foreclosure Resource (SFR) agents
- Over 20 years of experience in Colorado
- Extensive lender negotiation experience
- Personalized service and confidential guidance
- Proven success saving homeowners from foreclosure
When it comes to short sales, you need a specialist—not a generalist.
Frequently Asked Short Sale Questions (FAQ)
What qualifies as a hardship for a short sale?
Everyday hardships include job loss, divorce, medical bills, death of a spouse, or reduced income. We'll help you draft a proper hardship letter.
How long does a short sale take?
The average short sale in Colorado takes 60 to 120 days. Some banks move faster depending on the offer and documentation.
Can I live in the home while the process is underway?
Yes, most homeowners typically stay in their home until the short sale is closed.
Will I owe the difference after the short sale is completed?
Sometimes lenders waive the deficiency (remaining balance), especially if the terms are correctly negotiated. We work diligently to ensure that you're released from liability.
How does a short sale affect my credit?
It impacts your credit, but typically to a lesser extent than a foreclosure or bankruptcy. Many homeowners can buy again within 2–3 years.
Do I have to pay any fees or commission?
No. All commissions and closing costs are usually covered by your lender—no out-of-pocket expenses to you.
Can I do a short sale with more than one mortgage?
Yes. We've successfully negotiated short sales with multiple lien holders (e.g., second mortgages or HELOCs).
Let's Talk – Free, Confidential Short Sale Consultation
If you're thinking about a short sale in Colorado, don't wait until foreclosure proceedings begin. The Kenna Real Estate Group at KW DTC is your trusted partner for navigating this complex process with clarity and compassion.
Call us today at 303-955-4220 or click below to schedule your free consultation.
Contact Us for a Short Sale Review