Find out if you qualify for a Short Sale. You may also qualify for $3,000 from HAFA (Home Affordable Foreclosure Alternatives). We have successfully closed many short sale transactions and are Certified CDPE (Certified Distressed Property Expert).
Recent Short Sale Posts:
- Do I Have Enough Equity to Sell My Home? - A seller that purchased a home in the last year came to us about selling their home due to being relocated out of state. This Arizona seller asked us, “Do I have enough equity in my home to sell now and not lose money?” Unfortunately, with the current market conditions in the Phoenix Real Estate [...]
- Does Your Realtor Understand Short Sales? - In most situations, well-planned short sales of Phoenix Arizona Homes have significant advantages over foreclosures. Indeed, a close look at the Phoenix MLS shows a relatively high percentage of short sales among all Phoenix Homes for Sale. However, a short sale is not to be taken lightly – preparation and experience is essential. Among the [...]
- The Short Sale – What is the Verdict? - Not long ago it seemed no one knew of a short sale. Now, it seems that of every ten Phoenix Arizona Homes I show to buyers at least five are listed as “Short Sale.” Simply defined, a short sale means that the seller is “short” enough money to pay off the mortgage by selling the [...]
- My Home is Worth Less Than I Owe…But I Need to Sell! What do I do? - Our office received a call from a homeowner who needed to relocate to another city due to a job transfer. The homeowner had lost his job in Phoenix and wanted to take the new out-of-state job, but he was unsure of whether to take the job… because if he did he’d have to sell his [...]
- Benefits of a Short Sale Versus a Foreclosure - As unfortunate as it is to miss your mortgage payment and to realize that making future mortgage payments is unrealistic, it is important to realize that there are still options. In life there are usually benefits to being responsible, even in terrible situations. For a home owner, executing a short sale promises many benefits over [...]
- Short Sales – The Disturbing Truth about Deficiency Judgments - On a recent call, a short sale seller asked me some questions about a short sale completed in the last 90 days. The seller had been required to sign a promissory note for over $60,000 as part of an agreement with the lender to complete a short sale. The seller is now unable to continue [...]
- The Short Sale – Help Is Here for Financial Trouble! - The last few years of economic turmoil have presented many homeowners with financial hardships and left them unsure of what to do. While some find solutions to their problems, others do not and evidence of the hardships is generally all too obvious. Many homeowners may be considering selling their home, but the economic challenges have [...]
- Strategic Default Under Attack? - By Stuart Pack, Esq. The increasing acceptance of Strategic Default appears to be resulting in the employment of new methods by both governmental and private parties to chip away at its use by homeowners. As most people know by now, Strategic Default is simply the voluntary default by underwater homeowners of their mortgage payment obligations. [...]
- What Every Real Estate Agent Needs to Know About Our Anti-Deficiency Laws When Representing a Short Sale Seller - Real estate agents representing a seller of a short sale home need to have a basic understanding of the scope of Arizona’s anti-deficiency laws. Otherwise, as we continue to see, agents are allowing their clients to put themselves in worse position by concluding short sale transactions. Also, agents should know the basic potential tax implications which homeowners should contemplate in relation to the short sale of their home
