Short Sales in Colorado: What Every Residential Agent Must Know

Do you know what to do when your client is upside-down on their mortgage?

This class will teach Colorado brokers how to confidently navigate residential short sales from listing to close. *There is NO CE for this class*

We’ll walk through the entire process, discuss the most common mistakes, and provide actual tools and forms to simplify your transactions. Whether you’ve done zero short sales or twenty, you’ll walk away better equipped to help distressed sellers and protect your buyers.

• What qualifies a seller for a short sale in Colorado
• How hardship letters and loss mitigation packages work
• The lender’s net requirement by loan type (VA, FHA, Conventional)
• Inspection and appraisal timelines: What buyers can and can’t do
• Forms every broker must use and how to fill them out correctly
• How to structure your contract (including Short Sale Addendum)
• How long short sales take—and how to set expectations
• How to avoid deals falling apart while waiting for lender approval
• Where brokers get sued—and how to protect yourself and your client

• Short Sale Broker Checklist
• Hardship Letter Template
• Sample Short Sale Addendum
• Seller financial document guide
• Contract timeline addendum language

• Date: June 11, 2025
• Time: 10am – 11:30am
• Location: 5755 Mark Dabling Blvd Colorado Springs, CO – 1st Floor Conference Room
• Host: Chicago Title – Colorado Springs

Also check out other Workshops in Colorado Springs.