Often times distressed homeowners are hesitant to do a short sale on their property because of the negative connotations that surround a short sale. Instead of avoiding a short sale, what they should be doing is contacting a Denver short sale specialist to get further information on the short sale process and the advantages that short selling your home can provide.

It’s true that some short sale transactions can take up to three months to close. No one wants to wait that long to get into their new home and no one wants to wait that long just to see if their short sale transaction has been approved. The good news is, however, that little by little the short sale process is improving and evolving. Investors and lenders don’t like the fact that it takes as long as it does either, so they are constantly revamping the short sale process, streamlining their efforts and improving their communication with short sale specialists to get the transactions closed in as little time as possible.

One important thing to remember is that while a short sale can, at times, take a bit longer than a traditional real estate transaction, the horror stories you may have heard from other people were more than likely isolated situations with multiple mortgages and liens against the property. If you choose to work with an experienced and knowledgeable Denver short sale specialist, your short sale transaction should honestly take no more than eight weeks to close. That’s not that much longer than a traditional real estate transaction. Don’t be scared of short selling your property because it could take too long. The benefits of doing a short sale in lieu of losing your home to foreclosure far outweigh having to wait for a few extra weeks to gain your financial freedom.