A Career Buyer Takes The Stage!

Westminster, CO - Must be something in the wind this Fall... but I have finally closed on a buyer I picked up in 2012!!  Yep, my "career buyer", that has made the decision to buy.

I must have shown this family homes in the Wheat Ridge area, a suburb West of downtown Denver, about 40-45 homes over 3 yrs.  A great location for many that want to be 15 minutes from the foothills of the Rocky Mtns, and 15 minutes from downtown Denver.

I met them at an "open house" I conducted in the Wheat Ridge area, and continued to stay with them ever sense.  

So, after losing out on about 4 homes due to competition, a successful win and closing on their new purchase mid-October was very exciting for them, as well as, for me!

I guess the "moral" to this story is... continue to provide a service to a client that trusts you and believes in you, and there will be a "happy ending" for all!

My Wife kept telling me, "patience is a virtue"... she was right, even tho I wanted to slap the snot out of patience!!

Thank you for reading my blog, 

Dan Hopper 

Broker Associate @RE/MAX Alliance

Please, LIKE my Fan Page at https://www.facebook.com/DenverHomeMarket!! 

"Always use your Personal FB page to LIKE our Business Fan Pages!!"

For your NEXT MOVE ... 'Take the HOP to Excellence"!!

It is encouraging to see the real estate market change to a "positive" market swing, and NOW is the TIME to seize that opportunity to Buy and Sell!! Sellers, we need your home on the market, there are Buyers out there searching for homes, due to the lack of inventory!! 

PLEASE FOLLOW DAN AT YOUR FAVORITE SOCIAL MEDIA SITE! CLICK ON LINK BELOW!!

http://danhopper.com/pages/social-media-506832 

Dan Hopper specializes in assisting home owners to avoid Foreclosure in Denver, Colorado. Denver Loan Modification Help, Denver Short Sales. Denver Realtor. Westminster, CO Loan Modification Help, Westminster, CO Short Sales, and Westminster Realtor. 

Thank you for reading, "A Career Buyer Takes The Stage!"

A Short Sale Listing to Remember!

A Short Sale Listing to Remember!

Westminster, CO - Wow, what a crazy short sale experience, and I have had many to ponder over!!   Now, mind you... I have done about 70 over the last 15 yrs, and probably 20 of those were assisting other Brokers in my office.

This one takes the cake!!  I have not touched a short sale in about 1.5 yrs, until I was referred to this one in May.  Just to keep it simple, it involved a seller that was in default for 5 yrs.  You wonder how is that?  After, many trial loan mods and a note being bought from one lender to another, it has come down to foreclosure process being started last December 2014.

I normally do not work my own buyers on my short sales, and it is probably a good thing I did on this one!  The buyer was a very good prospect that just wanted this property no matter how long it took or what was involved.  Good thing, too!!

The seller was a bit difficult to work with, but we managed to make it happen, and closed last week.  Patience with the seller to move into a rental was somewhat of the delay, but so was working the 1st and 2nd lienholders.

Bottom line to all of this, and sort of makes me NOT want to see another short sale for some time, was the lost commissions to make this work.

The 1st lienholder was a complete pay-off, since the BPO was about $35,000 higher than the TOTAL pay-off amount. Simple right?  Well, not at first.  The offer we had in hand was about $15,000 over that pay-off.  Remember, when a lienholder has total pay-off with and an offer in hand that is over than amount, they DO NOT care about selling costs, that is your problem as they stated to us.

Simple solution... eliminate the 1st lienholder, get them payed off by getting the purchase price closer to the BPO value.  Not to satisfy the 1st lienholder, but to have funds to work the 2nd lienholder.  There was not much motivation within this process, since these 2 loans were attached to a chapter 7 bankruptcy.  They had no recourse with the borrower, seller.

 A fun ending here!!  

So, the buyer increased their offer by $13,000, and I decreased my commission by $18,000 (stupid or get it done?).  Got the 2nd lienholder paid off at $14,000, the 1st paid off at $455,000.  

You wonder what happens when a borrower is behind for 5 yrs?  Well, the balance in default was $320,000!!  Making accrued interest and back payments a value of $135,000 (including attorney fees).  For that total pay-off $455,000.

YES, that was my face, Linda Blair above, for about one hour!!  My good deed for the year!!  $8,000 commission better than a kick in the teeth, as my Mother would tell me!!

Thank you for reading my blog,

Dan Hopper

Broker Associate @RE/MAX Alliance 

 Please, LIKE my Fan Page at https://www.facebook.com/DenverHomeMarket!! 

"Always use your Personal FB page to LIKE our Business Fan Pages!!"

For your NEXT MOVE ... 'Take the HOP to Excellence"!! 

It is encouraging to see the real estate market change to a "positive" market swing, and NOW is the TIME to seize that opportunity to Buy and Sell!! Sellers, we need your home on the market, there are Buyers out there searching for homes, due to the lack of inventory!!

 PLEASE FOLLOW DAN AT YOUR FAVORITE SOCIAL MEDIA SITE!

CLICK ON LINK BELOW!!

http://danhopper.com/pages/social-media-506832

Dan Hopper specializes in assisting home owners to avoid Foreclosure in Denver, Colorado. Denver Loan Modification Help, Denver Short Sales. Denver Realtor. Westminster, CO Loan Modification Help, Westminster, CO Short Sales, and Westminster Realtor. 

Thank you for reading, "A Short Sale Listing to Remember!"

Time Management or Massive Action?

"Time Management or Massive Action?"

 Westminster, CO - We all have had the overwhelming marketing of "Time Management" tools coming at us from many directions!   How many have actually implemented a system to find it useful to producing results?  

There are so many out there, and some very good ones, too.  Yet, what if we just did those things that created productive results?  Without, trying to define the exact times, hours, activities, etc.... to achieve our goals and desired results. Some times we just tend to over complicate what really needs to be done!!

Remember, whether you want to call yourself a "real estate consultant, buyer consultant, seller consultant, advocate for buyers and sellers, etc.", you are a Salesperson!!  Be proud of this profession and do not be afraid to LEARN how to do it better!!

Take a moment and review some of the books Grant Cardone has authored!  YOU will learn some pretty neat things, and YES, Grant gets in your face!  "If you want change, then you must do something different to make that happen"!!

This never should take the place of your current Mentor, but to ADD value to yourself, and your profession, your family, God, and yes, Country!!

What a great time to jump right into it, this coming Independence Day Celebration!!

https://www.youtube.com/user/GrantCardone

Please, LIKE my Fan Page at https://www.facebook.com/DenverHomeMarket!!

"Always use your Personal FB page to LIKE our Business Fan Pages!!"

 For your NEXT MOVE ... 'Take the  HOP to Excellence"!!

It is encouraging to see the real estate market change to a "positive" market swing, and NOW is the TIME to seize that opportunity to Buy and Sell!!

Sellers, we need your home on the market, there are Buyers out there searching for homes, due to the lack of inventory!!

CONTACT DAN, NOW!!

Dan Hopper specializes in assisting home owners to avoid Foreclosure in Denver, Colorado. Denver Loan Modification Help, Denver Short Sales. Denver Realtor. Westminster, CO Loan Modification Help, Westminster, CO Short Sales, and Westminster Realtor.

Thank you for reading, "Time Management or Massive Action?"