Willie and Carmen Torres of Aurora found themselves in a real estate and financial predicament. Because of Carmen's severe health problems, they had to leave Denver and move to a warmer climate and Willie needed to retire from his government career of more than 35 years.

The Torres family put their house up for sale, bought a home out-of-state and then they were unable to sell their Denver home. After five months of making double payments, they were faced with possible foreclosure.

Enter Anthony Graziano, president of Artex Properties, a professional real estate acquisition company that works to provide real estate solutions. Graziano and his partners were able to negotiate a "short sale" with the Torres' lender, purchase the property and help the Torres' family avoid a foreclosure mark against their credit.

The Denver area's foreclosure rate is improving but still remains high. "Foreclosure and our slow economy are just two of the many reasons that homeowners may need to sell their home quickly," Graziano explains.

Other common situations that can happen to any homeowner include:

- House is vacant or needs repairs

- Relocating

- House is too large

- Have outgrown house

- Job transfer or loss of job

- Bad tenants

- Estate sale

- Built new house

- Pending lawsuit

- Bankruptcy

- Fire Damage

- Failing health

- Divorce

"In these situations, a homeowner may not have the time to list it and leave it on the market for months," Graziano explains. "Professional real estate acquisition companies like Artex Properties can pay all cash for a property and close quickly-leaving the homeowner with no balance owed to the bank. In cases where clients already have a real estate agent, we work closely with them. Over the years, we have built good rapport with many local Realtors.

"We buy homes in all price ranges and in all conditions," he continues. "Some homes are re-sold quickly, some we fix up and sell, and others we keep as rental properties. If a homeowner is in a situation where selling quickly is important, then it's likely we can help them. Our goal is to find the most viable solution that works the best for everyone. The key to success is having a high level of communication with all parties involved."

Anthony Graziano is president of Artex Properties, a professional real estate acquisition company. Based in Highlands Ranch, Graziano and his partners have more than six years of experience with investing in real estate properties. Graziano is a member of the Colorado Association of Real Estate Investors and Investors Realty Resource. He can be reached at 303-471-8240, agraziano@artexproperties.com or visit www.artexproperties.com.

###