Aspen CDPE & REO Broker – Aspen Foreclosures and Short Sales | Resort Town Blog .Com Aspen Real Estate, Aspen Realtor, Aspen REO Broker - Aspen Foreclosures and Short Sales

Aspen CDPE & REO Broker – Aspen Foreclosures and Short Sales

Aspen REO agent - Kim McKinley

(Aspen, CO) – An Aspen Real Estate company is listing many of the foreclosures in  the resale market in the Roaring Fork Valley.

McKinley Sales represents many of the major mortgage companies including Wells Fargo, Bank of America, Chase, Indymac, U.S. Bank, PMH Financial, and Fannie Mae. They are working on many foreclosed properties located in the Roaring Fork Valley and several other resort areas.

Kim McKinley CDPE & Accredited Luxury Home Specialist has been a broker since 1992 and has worked with the banks since 1995. She has obtained the highest level of real estate foreclosure education available, including the CDPE and Platinum Certification with many REO systems.

She notes, “I’ve worked with the banks during the past 15 years and predicted the Roaring Fork Valley would eventually succumb to market decline. I saw the same situation in the Boulder area.

Some of the long-time locals told me the Roaring Fork Valley was an isolated market and we wouldn’t see bank- owned properties here. But we’re seeing them here now, including homes in Aspen, Vail, Basalt, Carbondale, Glenwood and outlying areas, as well as commercial and vacant land. With the combination of skyrocketing prices in 2005-07, and then the economic downturn, it was almost a certainty”, states Kim.

“On the brighter side, bank-owned property listings offer discounts that allow first-time homeowners to enter the market, many of whom have not previously been able to own a home,” says McKinley. A foreclosure purchase requires a bit more endurance from buyers, since the sellers are corporations with very little knowledge of the property and they will usually require the property to be sold “as-is”.

Some of the mortgage companies offer Relocation Assistance in the form of cash, to the previous homeowners. This scenario is beneficial to everyone in that the previous owner has funds to move and the mortgage company obtains access to the property without the eviction process and fees involved.
Some buyers and local brokers are confused and frustrated by the bank owned process as it is a different from traditional real estate, but foreclosures are part of our market now and probably will be for some time to come.

As a licensed Colorado real estate brokerage, McKinley Sales also represents homeowners who need assistance navigating the short sale process to avoid foreclosure.

Through a dedicated track record of nearly two decades of real estate experience, McKinley Sales, Inc. Real Estate offers the inside track on foreclosed properties, representation of buyers and sellers of real estate, navigation assistance on short sales, and has one of the only certified 1031 Tax Deferred Exchange Counselors in the Roaring Fork Valley.

Kim McKinley, owner/broker of McKinley Sales, Inc. has sold bank owned, foreclosures, and short sales for the past 17 years.  She specializes in the Aspen, Snowmass Village, Woody Creek and Basalt region of Colorado.  She has been written up in local newspapers, bank web sites, and in the Wall Street Journal.  McKinley Sales is comprised of a team of experienced foreclosure expert that help buyers find value and help sellers navigate the foreclosure and short sale process.

McKinley Sales, Inc. Real Estate is located at 220 West Main St, # 101, Aspen CO 81611.

Kim McKinley can be reached at 970.379.4559 or by email at AspenBroker at her website is

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