This is a article written for www.localism.com Gilbert, Arizona Market.

There is a lot of talk right now about the adjustable rate mortgages. As you may have heard, October is an adjustment period for many of these loans. There are options available to you that will not require the sale of your property. However, if those options do not work many people will need to sell in order to get out of a bad loan.

Things you should know to ask your lender and your Realtor:

First of all, you should be speaking with a professional. Someone that has experience than will guide you to your best solution. Whether its refinancing, restructuring a current loan, selling, or just staying put.  Get good advice and be sure to work with someone you trust.

When hiring a Realtor you should know this:

there has been a big increase in training seminars and information available to lenders and Realtors alike. While this is a benifit and has helped many gain great information on the process. It also increases the chance that the person you speak with has actually never had the opportunity to perform this type of transaction. No offense to anyone, But be sure you can trust the person you hire to perform the job at hand. Experience is very important.
Lack of experience could cost your credit, essential time, and possibly your home if you are facing foreclosure. There are many top rated Realtor's in the market. Many of us will consult with you for FREE and without obligation.

If you or someone you know is facing a significant increase in a mortgage, facing foreclosure, or owe more than what your home is currently worth. Call me for more information:

Matt Dunshie-Realtor
Keller Williams Integrity First Realty
480-862-2811
mdunshie@kw.com
www.MattSellsAZHomes.com