CALL TODAY (303) 831-7575

For Consumers

Short Sales

What is a short sale?

A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property and the property owner cannot afford to repay the liens’ full amounts, whereby the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. Any unpaid balance owed to the creditors is known as a deficiency.

Short sale agreements do not necessarily release borrowers from their obligations to repay any deficiencies of the loans, unless specifically agreed to between the parties.

A short sale is often used as an alternative to foreclosure because it mitigates additional fees and costs to both the creditor and borrower; however both will often result in a negative credit report against the property owner.

Canyon Vision - BLOG

ssi

Canyon Title of Denver Achieves National Risk Rating Credential

Respected Colorado Settlement Firm Passes 100 Point Independent ......

Read More
  • "Over the years I have closed real estate transactions with several Title companies around town, and I can't remember any of them. These companies were completely serviceable, and did a fine job, I guess that is an ok thing, I don't really think too much about title insurance. However, I recently had the pleasure to meet several folks over at Canyon Title. The professionalism and expertise were certainly memorable, and I left with the feeling that Canyon Title really understands how important it is for their clients to have a smooth closing. I have heard several stories of the Pros at Canyon Title going way out of their way to ensure that all the "t"s are crossed and the "i"s are dotted. Now I have zero doubt that these stories are actually facts. Canyon Title will be my title company of choice from here on out!"
    - Brian G., Littleton, CO
  • "We had a problem with our original HUD statement and the payout from our former lender. The problem was handled very quickly and efficiently, and was resolved in less than one business day. Shandelle was superb. Great company, great people!"
    - Jim V., Louisville, CO
  • "The entire staff at Canyon is so professional and willing to help and accommodate my requests. Ben Bunte and Mike Carwin, by far exceed all expectations. They are always willing to go over and above to make things happen and get our loans closed. It is truly a pleasure to work with such top notch professionals, and I would highly recommend them and Canyon Title to anyone."
    - Leslie L., Aurora, CO
  • "Tiffany Malafronte was our closer. She provided us with a Spanish speaking closer by the name of Leon Crawford. He was AWESOME!!! He was gentle, and courteous and made them feel confident about the transaction. My clients walked away from the closing guaranteeing more referrals for my business! I contribute some of that to Canyon Title for a job well done in providing the translator! Most large Title company's don't provide that service, and if they do it's not as sufficient as it was the Canyon Tile. I greatly appreciate it!"
    - T Wilcox
  • "Even though I was running late as the seller's agent, Mauria started the closing and everything went smoothly, as usual. Seller and Buyer was happy which is very important. Mauria is always available for questions and changes -- Canyon title cares about the details!!"
    - Rochelle Landau
  • "Best experience with a title company ever! Tony and his team quickly respond to my requests and get they get me and my team what we need within the hour of our request. The folks at Canyon are professional and can always seem to find me a closer no matter how far away the client(s) live. My clients are always well taken care of with Canyon title and for that reason I will only work with Canyon Title for my refinance transactions. I also love seeing their name on our purchase contracts."
    - Sean Houlihan
  • "Jodi was great, always helpful and responsive and easy to work with!"
    - Julie Trivers:
  • "Great Service. Tony, Lauren, Sabrina and the rest of the staff are amazing. My title company for life :-)"
    - Kemper Lewis
A Title Partner Focused on Your Success. Canyon Title (303) 831-7575

Canyon Vision - BLOG

13 Oct
Billionaire developer Joe Cayre comes to Denver; shares his inspirational story at recent industry symposium. A highly respected industry visionary recently shared his wisdom and experience as ......
19 Sep
Canyon Title of Denver Achieves National Risk Rating Credential Respected Colorado Settlement Firm Passes 100 Point Independent Evaluation Process Denver, CO, —Canyon ......
READ MORE POSTS

Canyon Title Downtown

1127 Auraria Parkway, Suite 101
Denver, CO 80204
Phone 303.831.7575
Fax 303.831.7585

Canyon Title – DTC

8400 E. Crescent Parkway, Suite 550
Greenwood Village, CO 80111
Phone 720.838.2171
Fax 303.831.7585

Canyon Title Westminster

2861 W 120th Ave, Ste 210
Westminster, CO 80234