Short Sale Your Denver Home and Worried Lender Might Foreclosure On It First?

Westminster CO – Short sales can drag out. It takes 1-2 months to sell the house. If longer, you may need to implement periodic price reductions to encourage offers! Then, the short sale negotiations start.

View My homes for sale at www.youtube.com/watch?v=CFvdzkF68Cg.

They can drag out for 3-6 months. In the meantime, if you aren’t paying on the mortgage, then the lender will be trying to foreclose on the house.

Here is the best solution. Have a good complete short sale package and a legitimate offer into the lender to negotiate the postponing of the foreclosure sale date. In Colorado, we still find this to be the better way of getting the sale date postponed! Since, we have an accelerated foreclosure process that takes place 110-120 days after recording!

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

In another state, here is an extreme example that one real estate agent had his seller do.

"Here is what I had to do. In the case of looming foreclosure sale date then, I get the owner to go to the courthouse and file a petition with the foreclosure judge", Alberto said.

(The owner is the only one allowed to do this. I think the actual legal term is a motion.)

"The seller will be asked to go to a hearing with the judge. The owner goes to the room where the judge is holding session. They sign in and wait to be called.

The owner will be only one allowed to speak and they must explain the situation. The owner explains that there is an offer on the property and that they need some time for the lender to process the short sale."

I always recommend that the seller take copies of everything to show the judge. They bring the sales contract and the buyer’s loan approval.

Most of the time, the judge will grant their request and extend the foreclosure sale date by 90 days. The only exceptions are when it has been postponed several times already.

This may not work in all situations, but was successful for Alberto. Discover what lenders will NOT postpone the sale date, and you may have to use this approach!

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.

Dan is a Realtor located in Westminster, CO., specializing in Denver loan modification and short sales:

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.

For related blogs / video blogs, click on the links, below!!

http://denverloanmodhelp.com/?p=187

http://denverstopforeclosureblog.com/?p=631

http://denverstopforeclosureblog.com/?p=375

View my VIDEO BLOG atwww.youtube.com/user/avoidforeclosures?blend=12&ob=5

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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 Short Sale Your Denver Home and Worried Lender Might Foreclosure On It First? is provided as a courtesy to our viewers to help them make informed decisions.