How to Sell a Denver, Co Home with Judgments Fast
If you’re selling a home in Denver, Colorado with judgments against it, you may be wondering what options are available to you. While it’s not an ideal situation, there are steps you can take to sell your home and satisfy the judgments against it. In this blog post, we’ll explore some of those options so you can make the best decision for your unique situation.
What is a Judgment?
A judgment is a court order that requires the person named in the judgment to pay money to the person or entity who filed the lawsuit. If you have a judgment against your property, it means that someone has sued you and won a court order for you to pay them money. In most cases, judgments arise from unpaid debts, such as credit card debt or medical bills. However, they can also arise from other types of lawsuits, such as personal injury lawsuits.
Can I Still Sell My Home if I Have a Judgment Against It?
The short answer is yes—you can still sell your home even if you have a judgment against it. However, the process will be more complicated than if you didn’t have a judgment against your property. When you sell a property with a judgment against it, the judgment must be paid off from the proceeds of the sale. This means that if you owe $10,000 in judgments and your home sells for $100,000, the buyer will receive $90,000 and the judgment creditors will receive $10,000.
Tips on Selling a Home with Judgments
1. Talk to a real estate attorney. Before you do anything, it’s important to speak with a real estate attorney who can advise you on the best course of action given your unique situation. They will be able to tell you what your options are and help you navigate the process.
2. Try to negotiate with the judgment creditor. If the judgment is for a relatively small amount of money, you may be able to negotiate with the creditor and come up with a payment plan that works for both of you. This way, the creditor gets paid and you can still sell your home.
3. Sell your home to a cash home buyer in Denver, CO. A cash home buyer can buy your home regardless of whether you have judgments against it. This is because a cash home buyer does not need to obtain financing from a bank or other financial institution in order to purchase your home. As a result, you will not need to go through the lengthy and often complicated process of getting your home approved for a loan.
Regardless of whether or not you have judgments against your property, when the time comes to sell, Blue Halo Homes will give you a cash offer. We buy houses in Denver, CO regardless of the state or condition it’s in. No hassling with realtors, no open houses, and no waiting for months to see if your home sells.
Call us today at +13034571181.
Company Name: Blue Halo Homes, LLC
Contact Person: Matt L.
Email: Send Email
Phone: (303) 457-1181
Address:14261 E 4th Ave, STE 6-270
Country: United States