"Should I Stay or Shall I Go?"

"Should I Stay or Should I Go?"

Denver, CO - Wow... as the title of this blog states, "Should I stay or should I go?", has been on my mind for quite some time, this year!

It's not an easy decision to make, at this point in my life and career, with a firm that has been a part of my life for almost 24 years!!

I do not know how many others have taken this "leap of faith" after being with one organization for so long, but if you have... I truly admire your boldness to make it happen!

AS we all know, too well, that any move is NOT because the "grass is greener on the other side",  because is truly is not!!  Rather it is time to re-invent myself, or get out of the way of myself, in order to improve oneself's mindset!!

It is NO longer the Journey, but the Destination I must acheive "To do today, what other's will not, so that I may have what they cannot".  

So, I am very excited to start a new chapter in my life!!

Thank you for reading my blog, 

Dan Hopper, Realtor® 

Broker Associate @Keller Williams Realty - Downtown Denver

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 equity" 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 LINKS BELOW!!

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Dan Hopper, Realtor®, specializes in residential real estate in the Greater Metro Denver and Front Range areas, assisting the community in buying and selling real estate, Foreclosure avoidance in Denver Short Sales, Arvada, Golden, Denver, Westminster, Arvada, Thornton, Broomfield, and Colorado. 

Thank you for reading, "Should I Stay or Should I Go?"

"It Tis the Season..."

"It Tis the Season"

    Westminster, CO- Yes, "it Tis the Season" for caring and sharing!  OH, let's not forget about the White Christmas, too!!  Oops, we are a bit early... but that is Denver and Colorado weather!!  

It is one of those days that you might as well just stay inside and work on the internet!!  I mean... why get in a snow bank or worse, an accident?? 

Why not discover "What Your Home Is Worth", and stay warm in the process!!

For those that MUST get out and drive, please be careful and we wish you the very best on returning home without incident!!  

I will take this moment to reflect upon the wonderful blessings we have received over this year, 2015.   We look forward to another exciting year in 2016, and will continue to improve in our lives and business!

The very Best Wishes to all of you and your Family!!

Thank you for reading my blog, 

Dan Hopper, Realtor®

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, Realtor®, specializes in residential real estate in the Greater Metro Denver and Front Range areas, assisting the community in buying and selling real estate, Foreclosure avoidance in Denver Short Sales, Arvada, Golden, Denver, Westminster, Arvada, Thornton, Broomfield, and Colorado.

Thank you for reading, "It Tis the Season..."

"Cute Cat Reminds Us that Things Happen!!"

"Cute Cat Reminds Us that Things Happen!!"

   Westminster, CO - Happy Holidays to All!!  As we move into this "festive season", we wish the very Best to you and your family!!

Oh yes, we caught our Cat doing a selfie, so we photo bombed it!!

I could not help myself by watching this video, below, a few times over... and I realize that this "theme" of the video really does touch home in our daily lives!!

What do I mean by that?  Simple... this cat reminds us that we must always be prepared for the "unknown or unseen" events that causes us to always take a different avenue when reacting to a problem!  

REMEMBER, be the "problem solver" for your client!!  Be confident, be bold, be there with positive posture, and always smile!!

Enjoy the video!!

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, "Cute Cat Reminds Us that Things Happen!!"

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!"

Market Trends and Equity Improves!

Westminster, CO - The market trends and equity levels are showing improvement through-out the country and in the Broomfield and Westminster areas!  This is a very welcomed trend after so many years of negative growth in sales and home values!

While we have seen sales grow by 14% in Single Family homes and 12% in Condos / townouses, we are seeing a negative element take place.  YES, the home inventory is way down!!!  As low as it has been in over 23 years!!

Broomfield / Westminster Stats PDF

This low inventory is NO DOUBT going to cause a problem for the Buying Market.  Less inventory to view and MORE competition in winning a bid on what is available!!   From the Sellers standpoint, they would have a great opportunity to capitalize on the low inventory and get their homes SOLD quicker than in many year's past!!  For more details click here...

ONE MORE BIG ISSUE, is the Equity in the current homes, today!  WHY??  We have about 38.1 million homes that have positive equity to sell and cover selling costs and apply towards their next home acquisition!  There are STILL about 10.4 million homes that are in a "negative" equity position!!

As we move into the 2nd Qtr, we are seeking more homeowners that may want to sell, and increase our current home inventory in order to continue this Market Trend that is moving in positive direction!  With an increase of 5-7% more in home values, we could witness a positive increase in Home Equity in approximately 1.8 Million homes!!
This increase would certainly help the trend to continue upwards thus creating more activity in buying and selling!!  A shot in the real estate arm is so necessary to boost the economy and reduce the "woes" of foreclosures and short sales!  Unemployment has shown to drop, but there are still indicators out there that does NOT believe that is the real truth to those numbers.
What do you say??  Let's get on board and make 2013 another great year in the real estate industry!!

SEARCH FOR HOMES IN BROOMFIELD UNDER $450,000!

View Broomfield / Westminster Areas! in a larger map

SEARCH FOR HOMES IN THE CITY OF WESTMINSTER UNDER $450,000, HERE!!

Thanks for reading this,  Dan Hopper.
Instant Search for COLORADO HOMES, click Sign:




FORECLOSURE SEARCH, click Sign:

FOLLOW DAN HERE:

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, "Market Trends and Equity Improves!!"

Westminster CO Homes for Sale & Real Estate by Dan Hopper

SEEKING REAL ESTATE HELP? 

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READY TO BUY YOUR FIRST HOME? 


NEED ASSISTANCE IN SELLING YOUR HOME?

WHAT IS YOUR HOME WORTH??

Thanks for reading this,  Dan Hopper.

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

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


FOLLOW DAN HERE:

Denver Short Sale Question: Should I Short Sale My Rental?

Westminster CO – The Stop Foreclosure Institute recently received a question from Ryan. Here was Ryan's question.

"I own a rental house. When I bought it, the rent covered the mortgage and all the other payments. However, rental rates have declined in my area and the rent no longer covers the mortgage.

Besides that, I had to write a big check to fix the roof and carpet. i am sick of the money drain. Also, I am now upside down because the housing market has taken a dive here.

Can I short sale this house? I am concerned that if I do, then my lender will come chasing me for the loss. Let me know what you think. Ryan."

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

Here was our answer to Ryan's question. Ryan, we do think you should try a short sale on the house.

It sounds like the only thing holding you back is wondering whether or not you will have to repay the bank for the loss. We think you have a better than 50% chance at not repaying them a dime.

In addition, you can probably negotiate that amount down. For example, a homeowner we recently helped had to repay $20,000 when the bank lost over $120,000.

That is right. They wiped out a $120,000 debt for only $20,000. Besides, they had 10 years to repay that $20,000.

However, when you compare the interest they would have repaid on that $120,000, they saved even more (close to $193,000 after you add in interest.)

So try out a short sale. With a little creativity and the right person negotiating for you, you have a good chance at walking away from that monthly cash drain.

Thinking about a short sale? I can help you short sale your property and get back on your feet. 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 Realtor located in Westminster, CO., specializing in Denver Short Sales and Loan Modifications:

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



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

Dan Hopper specializes in loan modification assistance and short sales in Denver, 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=175

http://denverstopforeclosureblog.com/?p=344

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

www.youtube.com/user/avoidforeclosures?blend=12&ob=5


Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

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 Denver Short Sale Question: Should I Short Sale My Rental? is provided as a courtesy to our viewers to help them make informed decisions.

A Common Denver Short Sale Negotiation Mistake: Not Continue the Marketing of Property Before the Short Sale Is Completed

Westminster CO – Short sales can take a long time. The banks are difficult to deal with and many brokers do not understand short sales and don't know what they are doing.


View My VIDEO BLOG at www.youtube.com/user/avoidforeclosures?blend=12&ob=5.

Because of this, many buyers shy away from short sales. Or, if they do make an offer, then they still continue to look at other properties.

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

If a better home comes on the market, then they will buy that home. Few fully commit themselves to purchasing that short sale home.

Because of this many brokers recommend leaving a short sale on the market, even when there is a contract in place. Recently, Bank of America even changed their policies specifically for backup short sale offers.

In my opinion, taking your home off of the market when we have an accepted contract is a mistake. The only exceptions are when the buyer puts up a large down payment or falls in love with a unique home.

We recommend keeping the home on the open market. All agents and buyers will be told there is a contract on the property and that they will be in backup position.

If the buyer really likes the house, then they will submit a backup offer. The whole process is frustrating and not straight forward.

But, we make the best of the situation and do what we can to make the process easier.

Thinking about a short sale? I can help you short sale your property and get back on your feet. 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.



View My VIDEO BLOG at www.youtube.com/user/avoidforeclosures?blend=12&ob=5.

Dan Hopper is a Realtor located in Westminster, CO., specializing in Denver Short Sales and Loan Modifications:

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 Denver, 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=175

http://denverstopforeclosureblog.com/?p=402

http://denverstopforeclosureblog.com/?p=259

www.youtube.com/user/denverloanmodhelp


Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

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 Denver Short Sale Negotiation Mistake: Not Continue the Marketing of Property Before the Short Sale Is Completed, is provided as a courtesy to our viewers to help them make informed decision.

A Common Denver Short Sale Negotiation Mistake: Not Properly Working the First Offer

Westminster CO – Many times you will feel pressure to reply right away to an offer. But, that doesn’t mean that you shouldn’t negotiate to obtain an offer that you feel will satisfy the short sale lender(s).

Buyers are impatient and if they really like your house, then they will want an answer to their offer right away. They are hoping to lock you in with their offer before another offer comes in. Since, you are required to have the contract subject to the seller's short sale lender(s), you may not be locked in, anyway.

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

It also means they are probably willing to pay more for your property. Take the time to talk to your short sale broker. You need to take a little time and consider whether or not you should counter the price or other terms of that first offer.

In some cases, the first offer's price may not be the driving factor, as much as time is. Too often, sellers do not get their home on the market until after foreclosure notice has been given. You may NEED that first offer to present to the lender to negotiate the foreclosure sale date postponement.

Understand what pressure you may have to yield to in order to get the right offer that you and your short sale broker will believe will satisfy the lender's BPO or appraisal values.

Thinking about a short sale? I can help you short sale your property and get back on your feet. 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 Hopper is a Realtor located in Westminster, CO., specializing in Denver Short Sales and Loan Modifications:

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 Denver, 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=175

http://denverstopforeclosureblog.com/?p=344

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

www.youtube.com/user/avoidforeclosures?blend=12&ob=5


Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

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's personal views and do not reflect the views of Remax Alliance.

This information on A Common Denver Short Sale Negotiation Mistake: Not Properly Working the First Offer is provided as a courtesy to our viewers to help them make informed decisions.

Denver Loan Mod Question: How Do I Get A Loan Mod On An FHA Loan?

Westminster CO - The Stop Foreclosure recently received a question from Grant. Here was his question.

"I have an FHA loan and want to get a loan modification. My bank is playing hardball and won't modify the loan at all. My friend got a loan modification and said it was pretty easy. What can I do to modify my loan?" Grant.

Get my Free, Step By Step Loan Modification Guide by clicking here.

Here is the answer. I don't know the specific rules for FHA Loan Modifications. But, I do know how to find them. Here is what I have learned about FHA Loan Modifications and FHA Short Sales.

The FHA Program takes the loss on any short sales or loan modifications. Because of that they get to make the decisions on how loan mods and short sales are implemented.

The FHA program is administered by the Federal Department of Housing and Urban Development. Most people call it "HUD." HUD has specific employees that administer the FHA Loan Program.

Those employees do not review loan modifications or short sales themselves. Instead, they give specific written instructions to the lenders that handle the loans.

These specific instructions are called Mortgagee Letters. If the lender wants to be reimbursed for any loss by the FHA Insurance, then they must follow the instructions.

They issue updates to their directions regularly with new Mortgagee Letters.

Here is the bottom line. Your lender has to follow those written instructions. The good news is that you and I can access and read thru these letters online.

To find out the specific rules for an FHA Loan Modification, you will have to read thru the following Mortgagee Letters. Mortgagee Letter 2009-35, Mortgagee Letter 2000-05, Mortgagee Letter 2002-17, Mortgagee Letter 2008-21, Mortgagee Letter 2010-11, and Mortgagee Letter 2009-23.

I just found some good information in Mortgagee Letter 2002-17. "At no time shall the loan be considered delinquent solely because the borrower has not paid late fees or other foreclosure costs."

I have seen lenders put a borrower into default status and charge late fees on late fees. One late fee can blossom into thousands of dollars in charges. It looks like FHA doesn't like that practice.

There are probably a total of 40-50 pages that you will need to read thru. But, because you know the rules you will have the upper hand in any negotiations with your lender.

I think that is worth spending a little extra time reading thru everything.

Thinking about a loan modification?Our Westminster loan modification guide will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail at denverloanmodhelp@gmail.com 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 denverloanmodhelp@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 short sales and loan modification help:

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



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

Dan Hopper specializes in loan modification assistance and short sales in Denver, 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://denverstopforeclosureblog.com/?p=608

http://denverstopforeclosureblog.com/?p=344

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

www.youtube.com/user/avoidforeclosures?blend=12&ob=5


Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

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 Denver Loan Mod Question: How Do I Get A Loan Mod On An FHA Loan? is provided as a courtesy to our viewers to help them make informed decisions.

A Common Denver Short Sale Negotiation Mistake: Letting Your Ego Get Involved

Westminster CO – What is your final goal? You want to sell your property quickly for top dollar, right? Keep that goal in mind during the entire negotiation.

I have seen people kill a potential sale to a person that would have been willing to pay top dollar for a property because they didn't like the person. Or, the buyer started negotiations with a low ball offer and the seller got offended.

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

"I refuse to negotiate with someone who insulted me with that lowball offer", they said. And a good buyer moved on to buy another house. Most buyers with lowball offers can be negotiated to a higher price. Most are a starting point for the buyer to get to a mid-point value!!

Some buyers have a big ego and think they are great negotiators (when they actually aren't.) What is their definition of a great negotiator?

They think that someone with a big ego that tells people off and walks around like they own the world is a good negotiator. They think that being abrasive and rude will get them a better deal. They'll throw around "take it or leave it" offers.

I can tell you from person experience that most buyers are willing to pay more than their "take it or leave it" offer. You just have to keep the negotiations going, even though you might be a little unhappy or angry with what they are doing.

I have seen home sellers tell off a buyer that said something rude. That buyer could have bought their house. The buyer might actually be a very nice person. Keep your eye on the goal and don't get distracted by petty things.

You want to sell your house for top dollar. Let anything a buyer says that is rude, or otherwise offensive, roll off like water off a duck's back.

Remember, when you place the property on the market, it is strictly Business!! In the case of most short sales, it is to "avoid" a potential foreclosure! Work the offers you receive, promptly!!

Thinking about a short sale? I can help you short sale your property and get back on your feet. 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 Realtor located in Westminster, CO., specializing in Denver 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. Arvada CO Loan Modification Help, Arvada CO Short Sales. Arvada CO Short Sale Realtor. Westminster CO Short Sales. Westminster Realtor.

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

http://denverloanmodhelp.com/?p=157

http://denverstopforeclosureblog.com/?p=344

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

www.youtube.com/user/denverloanmodhelp


Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

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 Denver Short Sale Negotiation Mistake: Letting Your Ego Get Involved is provided as a courtesy to our viewers to help them make informed decisions.

A Common Denver Short Sale Negotiation Mistake: Dropping Your Price Before Negotiations Start

Westminster CO – Many buyers will ask what your bottom line is. They know that they can usually negotiate a home seller down to an even lower price.

View My VIDEO BLOG at www.youtube.com/watch?v=HLO-tn1RMFU.

Don't fall for it. You've already made the first move by setting a price for your home. Tell the buyers that you need to think it over and get back to them.

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

Then, ask them what they like about your home. If they tell you, then you can determine their motivation to buy your home. After that, ask them what they are thinking of offering on your home.

The reason this rule is so important is that in some negotiations you may offer more at the beginning than the other party is willing to accept. Here is an example of this.

A person I know was trying to buy something. He had a price in mind that he was willing to pay. He thought the best price he could get was $1,500, but he was willing to pay up to $2,000.

He asked the seller what he wanted for the item. The seller responded that he didn't know what he wanted. He offered the seller $1,500 and the seller accepted it.

Later on he learned that the seller was desperate. The seller had a price in mind of $800 to $1,000. If the seller had mentioned an opening price first, then he would have saved $500! Instead the seller made an extra $500.

Thinking about a short sale? I can help you short sale your property and get back on your feet. 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.


View My VIDEO BLOG at www.youtube.com/watch?v=HLO-tn1RMFU.

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 Denver, 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.



Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

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 Denver Short Sale Negotiation Mistake: Dropping Your Price Before Negotiations Start is provided as a courtesy to our viewers to help them make informed decisions.

A Common Denver Short Sale Negotiation Mistake: Talking Too Much

Westminster CO – This is the worst sin of negotiating. Don't tell the buyer's or their agent your life's story.


View My VIDEO BLOG at www.youtube.com/watch?v=dpXiJAo9GPI.

What do you think would pop into a buyer's head if they heard this out of a seller's mouth? "We must sell the home because it is in foreclosure and if we don't sell it be June 23rd, then the bank will foreclose on it."

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

Immediately they will think, "I wonder what they owe on the house. If it doesn't sell they will have a foreclosure. The sellers probably just want to get what they owe on the home so they can avoid foreclosure."

This is an extreme example, but it shows you how a simple slip of the tongue could cause a seller to lose a large amount of their hard earned equity.

A seller facing foreclosure in that situation might be desperate enough to "get out" with none of their equity just to avoid foreclosure.

But, what if the buyer was willing to pay the market value for the home? That seller just lost all their equity! When a buyer asks why you are selling answer them without giving away any extra information.

You could say, "Oh, we would like to move to a smaller home." You don't need to say much more than that. And don't tell them you must sell by a certain date to avoid foreclosure!

Thinking about a short sale? I can help you short sale your property and get back on your feet. 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.



View My VIDEO BLOG at www.youtube.com/watch?v=dpXiJAo9GPI.

Dan Hopper is a Realtor located in Westminster, CO., specializing in Denver 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 Denver, 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.



Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

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 Denver Short Sale Negotiation Mistake: Talking Too Much is provided as a courtesy to our viewers to help them make informed decisions.