A Common Westminster Short Sale Case Mistake: Delaying the Short Sale Process With Incomplete and Late Delivery of Contract

Westminster CO – Short sales have a reputation for taking a long time. But, they can drag on even longer if the paperwork isn't submitted to the lender in a timely manner, and with a complete short sale package!

When Dan Hopper and his third party short sale processors start the short sale contact with the lender, we make sure that we have the lender's short sale package complete, with the appropriate supporting documents, to start the marketing efforts on the property.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Being this prepared will always assist the short sale lender in having a complete package when we do obtain an offer. This will expedite our efforts, to then present to the lender the HUD-1 and the contract, along with the completed short sale package.

We realized that we were wasting time if we waited to gather all the short sale package documents only when an offer was received, and then tried to put the package together to submit to the lender. It is best to submit the complete package within 5-7 days to the lender.

DO NOT give the short sale lender an excuse to set YOUR package aside in the "not complete" file, then it gets ignored, resulting in lost time on that offer to negotiate, and get a response!

A lot of lenders have different special forms they wanted filled out specifically for them, at the time they have worked an approval on the short sale. "Oh, you need the buyer and seller to sign the ABC Bank Contract Addendum", the short sale negotiator tells us. Besides, most short sale negotiators want things done a certain way. They tend to have a difficult time in deviating from their script!

Because of this it is almost impossible to put together a 100% perfect short sale file that will have exactly the way the lender wants it. So make sure your agent submits your file quickly and follows up with the short sale negotiator to see if anything is needed.

Thinking about a short sale? I can help you short sale your property and never pay the bank another penny. Send me an e-mail at denverforeclosureblog@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 303-521-0984

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Westminster loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Dan Hopper.

Dan is a Real Estate Agent at Remax Alliance. Westminster Short Sales Realtor:

Phone: 303-521-0984. denverforeclosureblog@gmail.com.



View My homes for sale at www.danhopper.com.

Dan Hopper specializes in loan modification assistance and short sales in Westminster Colorado. Westminster Loan Modification Help, Westminster Short Sales. Westminster Short Sale Realtor. Denver CO Loan Modification Help, Denver CO Short Sales. Denver CO Short Sale Realtor. Westminster CO Short Sales. Westminster Realtor.



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Important Notice

Dan Hopper, Remax Alliance, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Dan Hopper's personal views and do not reflect the views of Remax Alliance.

This information on A Common Westminster Short Sale Case Mistake: Delaying the Short Sale Process With Incomplete and Late Delivery of Contract is provided as a courtesy to our viewers to help them make informed decisions.