Selling a House Without Equity In Colorado [Update 2023]


You can sell a house without equity in Colorado in 2023. If you sell your house that has no equity in Colorado it doesn’t mean you will not have any cash left over after the sale. Do you have to sell your house right now? Could you wait?

In theory, closing a house sale should be an exciting moment that marks the beginning of a new stage in life with a nice check. But can you possibly make this happen, if you’re selling a house without equity?

Below you will find expert advice and market research that you might want to take into consideration if you’re afraid of being left with nothing after the house is sold.

How to Sell Your House Without Equity in Denver, CO

In this complete guide, I will cover topics that include:

  • What it means to have no equity
  • How to reduce selling costs
  • A direct comparison between realtors versus cash buyers
  • Expert insight on what to fix for MAX profit

Plus we provide insight into the hours of research done on considering the cost of debt and how to be certain you should sell your home. 

If this sounds useful then let’s get moving!

Table of Contents

What It Means to Have No Equity

In simple words, equity is the amount of money you are going to receive for selling the house after paying off the mortgage.

Selling a house without equity means that you won’t be earning any extra cash from the deal. By the way, that does not necessarily mean that the mortgage on the house should be equal to the market value of your property.

If your home sells for $300,000 and the mortgage on the home is $250,000, you might never see the extra $50,000. The realtor’s commission, tax prorations, escrow fees, etc. – all these payments should be taken into account as well.

You Must Reduce Selling Costs

According to the experts, the cost of selling a house is usually 10-16% of the home’s sale price. You certainly wouldn’t want to spend that much on agent fees, home repairs, staging, and paperwork processing fees, if you have a house without equity.

In such a case, finding a trustworthy cash home buyer might be a better option. A professional buyer can buy the property ‘as-is’ without any commissions and closing costs.

Should I Use a Realtor?

Nearly a quarter of all home sales are cash home sales. That is because of the following benefits:

  1. No home selling fees and real estate commissions.
  2. In general, you’ll get to close the deal in about 2 weeks or even less.
  3. You wouldn’t be required to show off your house to the potential buyers.
  4. Trusted buyers have employees that can repair your property for a lot cheaper than what you would normally pay.

Repairs Items That Will Maximize Your Profit

Here are a few genius tips that will help you increase the value of your house.

  • Touch up your exterior paint

It’ll cost you around $3,000 to repaint the whole exterior. But a fresh coat of paint can help you increase the resale value by over $7,500.

  • Update your house numbers and mailbox

It happened to me once and I’ll remember this episode for the rest of my life.

A potential buyer pulled up at my house and…didn’t get out. Turns out, he wasn’t interested in seeing what the inside looked like as ‘the homeowner didn’t even bother to change the mailbox’.

To never get in such an embarrassing situation – get a brand-new mailbox for literally $25 and black nail-on numbers for the house’s exterior.

  • Improve the lighting

Show your house in the best light possible. Keep the windows clean and replace the old bulbs with bright LED ones.

Can You Wait to Sell?

If you’re not in a hurry, waiting for a few years before selling a house is usually advised by specialists. In order to make up for the mortgage interest, the fees, and the closing costs, you should stay in a property for at least 5 years.

Keep an eye on the mortgage rates and on local competition, fix up your home, and try to get on the market at the best time.

FSBO (For Sale by Owner)

The main ‘pro’ of selling your house on your own is the absence of commission fees. Realtors usually get around 6% from the selling price and you would certainly prefer to spend these thousands of dollars elsewhere.

You will also have the luxury of being fully in control and you wouldn’t have to spend a wagon of time searching for a skillful agent.

However, do bear in mind that marketing a house is not easy and that you would have to figure out what contracts and disclosures to use on your own.

Be Certain of Why You Are Selling

What is your main reason for selling? If it’s something urgent like foreclosure or having to move for a new job, then selling the house might be your only choice, but even then you should keep the fees and the realistic timeframes in mind.

Selling the house without equity is, or negative equity, in general, not recommended, if you can wait.

You might want to consider finding a temporary roommate to make it a bit easier for you to take care of the mortgage.

Consider the Cost of Debt

Experts recommend figuring out where your debt is coming from. Before coming up with a paydown strategy, compile a list of all your current loans and bills.

One of the ways to lower your interest rates and repay your debt faster is by refinancing debt. You can refinance mortgages, personal loans, auto loans, and student loans.

Market Conditions

You should wait for the seller’s market to arise. The key difference between buyer’s and seller’s markets is that the latter arises when demand exceeds supply.

In such a case, you’ll be able to get more for your house simply because there are fewer homes available on the market. The buyers might even have to compete with one another to score the property.

How to Sell Your House with No Equity

The actual procedure behind selling a house with no equity is the same as with any other house.

Do bear in mind that if your mortgage loan balance exceeds the house’s market value, you would have to ask the mortgage lender for permission to sell the home for less than the outstanding balance.

In Conclusion

There are ways to reduce the cost of getting your house sold, as well as ways to maximize the profit.

If you have some time, you might want to wait before selling a house with no equity, but if you’re in a rush, then figuring out how to sell should become your main focus.


Your Solution to Selling a House With No Equity is a cash for houses company and we are experts home buyers in Denver and all of Colorado. Our mission, when we buy houses with no equity  is to give you, the people of the Mile High city, the best selling solution.  


When you sell your house to us there are:

  • NO Fees and we cover all the normal closing costs. 
  • NO Stress because you know what is happening at all times – you are in control!
  • Sell your house fast and for easy cash. 
There are even more benefits when you sell a house to including:
  • Sell your house as-is (no repairs)
  • Pay nothing out of pocket
  • Sell fast – you pick the closing date
  • Sell for cash – no bank fees or financing delays
  • 100% Free – no cost and NO STRESS!

This is how selling a house in Denver should be!

Fill out the form to get your no-obligation cash offer today. is your solution to selling your house for cash  because as Denver’s number 1 cash home buyer we will buy any house in any condition with no closing costs so if you want a cash offer on your property simply give us a call or fill out an online form and our team of experts will get to work, quick smart, to help you get your house SOLD!

We can help you sell your house in Parker, Centennial, and beyond!

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