At Metrolink Realty, our results speak for themselves. Here are a few examples of how we’ve helped asset managers and lenders successfully resolve REO and distressed properties across the Colorado Front Range.
Case Study 1: Occupied REO in Denver County
The Challenge
An asset management company contacted us regarding an occupied REO property in the Denver metro area. The previous occupants had not vacated following foreclosure, and the property had fallen into disrepair. The lender needed a fast, compliant resolution to minimize holding costs and liability.
Our Approach
Our team coordinated a cash-for-keys negotiation with the occupants, resulting in a peaceful and timely vacate. We immediately arranged for a full property inspection, trash-out, and repair assessment. Within two weeks of vacancy, the property was cleaned, repaired, and listed at a competitive market price.
The Result
The property sold within 21 days of listing — above the lender’s target net — with no legal complications. Total time from assignment to closing: 68 days.
Case Study 2: Multi-Property Portfolio — Denver Metro Area
The Challenge
A regional bank needed to liquidate a portfolio of 11 REO properties scattered across Jefferson, Arapahoe, and Adams counties. Managing multiple assets simultaneously required tight coordination, consistent reporting, and a deep understanding of each sub-market.
Our Approach
We assigned dedicated team members to each county and developed individual pricing strategies based on hyper-local market data. We handled all BPOs, preservation work, and listing coordination from a single point of contact, providing the bank with weekly pipeline reports throughout the process.
The Result
All 11 properties were under contract within 90 days. The average sale price exceeded the bank’s reserve by 6.2%, and the portfolio was fully closed within 5 months of assignment — ahead of the client’s projected timeline.
Case Study 3: Short Sale Resolution in Douglas County
The Challenge
A homeowner in Castle Rock, Douglas County was facing foreclosure due to hardship. The outstanding mortgage balance exceeded the current market value of the property. The servicer needed a qualified short sale agent who could manage the process, communicate with all parties, and prevent the asset from going to foreclosure auction.
Our Approach
We worked closely with the homeowner to prepare a complete short sale package, including a hardship letter, financial statements, and a comparative market analysis. We marketed the property aggressively and secured a qualified buyer within 30 days. We then managed all lender negotiations and third-party communications through to approval.
The Result
The short sale was approved and closed successfully, saving the homeowner from foreclosure and saving the servicer the time and cost of the foreclosure process. Total savings on foreclosure costs: estimated $18,000–$24,000.
Ready to Work With Us?
Whether you manage a single distressed asset or a large Colorado portfolio, Metrolink Realty has the experience and local expertise to deliver results. Contact us at contactus@metrolinkrealty.com to get started.