Do you live in the Denver area and would like to know whether or not you are upside down on your home or how much equity you have? We have the tool for you: the Short Sale Calculator. Homeowners all over the country are taking advantage of the Short Sale Calculator because of it’s ease of use and the important financial information that it provides. When you use the Short Sale Calculator it will tell you two important factors: when the amount you owe on your home and the amount it is worth will be the same again, essentially when your home will be an asset again, and it will also tell you how much it will cost you to get to that point.
So how does it work? It’s easy! All you need to do is enter in some basic property information, such as your address, and some of your mortgage information, such as your existing principal amount, your monthly mortgage payment and your interest rate. The Short Sale Calculator will do the rest of the work for you! A report is instantly generated and emailed to you with the financial information you are seeking. From this report, you can determine if it’s better to stay in your home or if a short sale would be best for you at this time.
A copy of this report is also emailed to a Denver short sale specialist that can help to further assess your situation and help you further in determining if you should stay in your home or do a short sale. Should you choose to short sale your home, they can provide you with further information about the process, tell you what documents you will need to begin assembling your short sale package and get the process started.