4406 Titan Dr. Rapid City
The Story of Sold
Here's The Story...
When life throws financial curveballs, homeowners often feel trapped between impossible choices. This family was facing foreclosure and believed they had run out of options—until they discovered there was another path forward.
The Challenge?
How do we help a family avoid foreclosure while protecting their remaining equity and credit? How do we navigate the complex lender approval process while the clock is ticking? How do we market a property effectively when it's contingent upon bank approval and position it to attract serious buyers who understand the 90-day timeline?
1. We partnered with a specialized short sale mediation company to negotiate directly with the lender on behalf of the seller.
2. We priced the property strategically at $345,000—creating immediate value for buyers while demonstrating realistic market positioning to the lender.
3. We positioned the home's strengths: Spacious backyard, walkout basement with wet bar, desirable Rapid City location—proving this was an opportunity, not a distressed property.
4. We set proper expectations and persevered through obstacles: with all parties about the 90-day lender approval timeline, filtering for serious, qualified buyers who could wait.
5. We created a buzz worthy LAUNCH: Strategic marketing, professional photography and social media positioning to get as many eyes on the property as possible.
We secured a successful closing after receiving 2 offers—helping the family avoid foreclosure, minimize credit damage, and move forward with dignity.
final sale price
showings
Days on Market (includes extended lender approval process and contract renegotiation)
✓ Avoid foreclosure on their credit report
✓ Minimize long-term credit damage (foreclosures stay on credit reports for 7 years; short sales have less severe impact)
✓ Potentially qualify for a new mortgage sooner (2-3 years vs. 5-7 years post-foreclosure)
✓ Exit with dignity rather than forced eviction
✓ Sometimes negotiate relocation assistance from the lender
The process is complex, but it's possible. With the right expertise, lender negotiations, and persistence, families can find a better path forward.
If you're behind on payments or worried about losing your home, let's talk confidentially about whether a short sale could be the right solution for your situation. You deserve to explore every option available.