Why Banks Turn Down NorthWest Valley Short Sale Offers? - 07/30/12 02:39 PM
NorthWest Valley AZ – Banks do not accept a potential short sale for a number of different reasons. Here is the biggest reason they did not approve your short sales. They think the property is worth more than the price the buyer is offering. For example, the buyer is willing to pay $319,000 for a short sale.
 Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
 The bank wants to check and make sure the home is not worth more than $319,000 before approving the sale. They order an appraisal. The appraiser stats that the … (0 comments)

Short Sale Myth: You Need to Miss a Payment Before You Can Short Sale - 07/11/12 03:16 PM
NorthWest Valley AZ – It is thought that lenders tend to permit short sales only when and if a borrower has missed a payment. This is not true. Lenders also take into account other hardships the borrower may be encountering such as a divorce, job transfer, relocation, etc. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. No lender will consider a short sale just because a borrower has missed a payment. The lender also looks at the borrower’s financial status including tax returns, budget, bills, income, etc. After reviewing that documentation they decide whether … (0 comments)

 
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Christopher Collins

Peoria, AZ

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RE/MAX Renaissance Realty

Address: Peoria, AZ, 85383

Office Phone: (602) 290-0950

Cell Phone: 602

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