With more than half of homes and homeowners "under water" in Arizona, you are one of thousands of people who are looking for information on how to avoid foreclosure in Scottsdale.
The Short Sale Seller Advisory - a joint effort between ADRE - the Arizona Department of Real Estate - and AAR - the Arizona Association of REALTORS® - highlights a number of other options that should be explored before deciding to Short Sale your home.
Those options include:
Deed in Lieu of Foreclosure
Work Out Sale
That said, in almost every case where the homeowner either must sell, or has resigned themselves to losing the house to foreclosure, a Short Sale is the best option - even if you also plan to file Bankruptcy. A Short Sale in conjunction with Bankruptcy is a more complicated Short Sale process than just doing a Short Sale alone, but it can be done, and we have personally helped Arizona Short Sale homeowners do just that.
Foreclosure should be the choice of last resort, letting the property go to Trustee Sale only after all other options to avoid foreclosure - including a Short Sale of your Scottsdale home - have been exhausted.
To make an informed decision on how best you can avoid foreclosure in Scottsdale you need to do your Short Sale Sellers Homework - which includes a FREE No-Obligation Confidential Short Sale Consultation with one of our certified Short Sale specialists, and a discussion of the specifics of your situation with a qualified attorney and/or tax professional.
Our focus and dedication to each Short Sale Seller who chooses Haven Express @ Show Appeal Realty to help them with their Short Sale in Scottsdale is one of the reasons that our Short Sale List to Close ratio for the dozens of Short Sales we have completed is the highest in the Phoenix/Scottsdale metro area - bar none. (Based on data from ARMLS - the Arizona Regional Multiple Listing Service).
We encourage you to ask any Short Sale agent you are interviewing for the job of Short Selling your home to provide you with their list to close ratio. The average is just under 5 out of 10 - a 50/50 chance of foreclosure.
Our list to close ratio is over 90% and includes Short Sales of all degrees of difficulty - not just the "easy" ones.
Unfortunately you will encounter some claims of "closed hundreds" and 95% + closing ratio when doing your research on the web. According to the data in ARMLS - those claims are untrue.
When selecting the best Short Sale Agent to help you with the Short Sale of your Scottsdale Home, it truly is a case of "Caveat Venditor" (latin for Seller Beware). Typically you get one shot at avoiding foreclosure by doing a Scottsdale Short Sale. Choose wisely!