Short Sale Your Home Today!
Likely, if you are a homeowner, you understand that foreclosure is an absolute last resort for almost anyone. However, your residence may be becoming a bigger liability than it is worth. If this is the case, you need to act now! Phoenix short sales could be just the option for you. This is a growing trend among homeowners and is becoming more and more popular among those hoping to avoid the entire fiasco of a foreclosure.
So, let’s weigh the benefits here. Basically, when you get to this point, you have to choose between a Phoenix short sale and a foreclosure. Let’s take a closer look.
Phoenix Short Sales vs. Foreclosures
Like mentioned earlier, with a Phoenix short sale, you can avoid the stress and embarrassment of foreclosure. Also, you do not have to have that horrible red lettering of “Foreclosure” stamped on your credit report. Foreclosures can ruin your credit beyond repair and prevent you from ever buying a home again. And, with a foreclosure, you are an instant enemy to your lender.
However, with a Phoenix short sale, you get to keep living in your home rent-free while the whole thing processes. This is usually about four months worth of rent-free living, giving you optimum time to catch up on any other payments you may be behind on. Unlike a foreclosure, a short sale does not damage your credit as badly. Most of the time, it will show up on your bank statement as “Paid not as Agreed,” but that is certainly better than foreclosure. Banks look on Phoenix short sales with a forgiving eye because it shows that you are a responsible homeowner with a legitimate financial difficulty. Rather than just allowing your payments to pile up and waiting to be kicked out, you have taken responsibility and action and you have dealt with things on your own.
There are over 70,000 Phoenix short sale agents, but less than 1% are actually experts. If you are in a position where you cannot pay your mortgage and you know there is no possible way to catch up, it may be time to find a reliable agent that you can trust. This person will become your friend and confidant, and they can help you negotiate with your lender so the whole process goes as smoothly as possible.
Short Sale Specialists
23335 N 18th Drive Suite 120
Phoenix AZ 85027
623-582-4444
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