Does a Short Sale Allow You to Move On?

Westminster CO – On this Day of celebrating our Independence from British rule, I thought it would be appropriate to discuss how a short sale will allow you to move on and become independent of your housing debt.

Have you recently experienced a life changing event? A divorce, loss of income, job loss, health illness, or even a job transfer!

View My VIDEO BLOG at www.youtube.com/watch?v=WH2xAwiRocE.

Too often, these type of interruptions in one's life, will cause a financial strain with little direction to move on and remove the debt of home ownership. The American Dream of home ownership is still alive and well, but after such traumatic events, we may have to step back and regroup in order to move ahead in the years to come.

Let me explain how we helped one family remove their home loan debt and move on without the fear of outstanding debt recourse and tax liability of the short sale (short pay-off) of their residence. I will call the homeowner, Seller, for this blog

The Seller had been unemployed for the last 8 months and had been given foreclosure notice. He had 7 weeks before the foreclosure sale date was to take place, when he called our office for assistance. His wife is taking care of two grandchildren, as well.

We placed their home on the market to move as a short sale. To make a long story short, the lender was Bank of America, and we had numerous offers on the property that took us 10 months to finally close!!

During this marketing time, the Seller was able to find part time work, and maintain the property while still residing there. The seller had lived in this residence for approximately 15 months without making a loan payment to BOA.

Here is what is important! During this marketing time, the Seller was able to save what money they could earn, find a part-time job without the stress of NO HOUSING since they could still reside in the property while working the short sale, and then look for a rental that would satisfy their living and financial requirements. Yes, they did at 60% of the cost of their loan payment!!

Another important element of this short sale!! With our negotiations with BOA, we were able to get a short pay-off approval and a NO RECOURSE on the deficiency and outstanding debt, in WRITING!

This allowed the Seller to remove the deficiency/outstanding debt of around $110,000 from their lives! Do you believe if this was a win-win for the Seller? You better believe it was. They now can MOVE ON without that DEBT hanging over them while trying to re-establish their lives, again!!

A foreclosure would NOT have given them that relief!! All bets are off, if a bank has to foreclose on you. Plus that will stay on your credit for at least 7 years!!

Thinking about a loan modification?Our Westminster loan modification kit will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail at danhopper@comcast.net to request a Free Copy.

Or, click here to request a copy.

Thinking about a short sale? I can help you short sale your property so you can move on with your life. 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.

Thanks for reading this, Dan Hopper.



View My VIDEO BLOG at www.youtube.com/watch?v=WH2xAwiRocE.


Dan is a Real Estate Broker 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. Arvada CO Loan Modification Help, Arvada CO Short Sales. Arvada 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 How Long Do I Have To Wait After A Westminster Short Sale To Buy Another Home? is provided as a courtesy to our viewers to help them make informed decisions.