Why Foreclosure? You Do Have Options To Avoid It In Surprise

By
Real Estate Agent with Haven Express @ Keller Williams Arizona Realty BR534744000 & BR540649000

Although we no longer see the levels of Short Sales that we did a few years ago in Surprise, Notices of Default continue to be issued, meaning that yet another Surprise property is on the path towards foreclosure at auction on the courthouse steps.

 

Suzanne and I wonder why the owners would allow the property to go to foreclosure, rather than investigate alternatives that may be mutually beneficial to themselves and their lenders.

 

Not all properties heading for foreclosure are necessarily "under water" - which theoretically means they could be sold via a "traditional" sale rather than a "short sale" - but circumstances may mean there are other liens attached or other factors that inhibit or prevent the owners from selling the property - whether or not it's a short sale.

 

Short Sales are "regular resales" with one big difference.

 

Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).

 

While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders prefer to stop foreclosure in favor of processing a Short Sale where the Seller is able to procure a Fair Market Value contract for their home.

 

After all, why foreclose on a home in Surprise when the net result will be less money to the lender(s) than processing and approving a Short Sale in Surprise?

 

We encourage Surprise homeowners who are headed for foreclosure to at least carve out 30 minutes of their time to explore what other options may be available to them - and there are several - that may not be as damaging to their credit and their future ability to purchase another home, whether in Surprise or elsewhere.

 

A FREE confidential, no obligation consultation costs you nothing, we can meet with you in person at our office or your home, or connect via GoToMeeting online if you prefer.  

 

We NEVER charge you a fee to list and process your Short Sale.

 

We provide the same FULL SERVICE listing to you that we provide to our "Traditional" Sale clients.

 

Contact us today to see if we can help!

 

 

 

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About the Authors - Updated 2017

If you are considering a Traditional or Short Sale of your home in Phoenix, Scottsdale or any location in Maricopa County Arizona, you owe it to yourself to talk with Haven Express @ Keller Williams Arizona Realty to determine whether Tony and Suzanne Marriott are the best real estate Brokers in the Phoenix and Scottsdale metropolitan area to help you with the Successful Sale of your home.

Listed, Sold and Closed more than a hundred Short Sales with the highest success rate in the Phoenix Metro Area!

HavenExpress.com

Tony and Suzanne Marriott

Associate Brokers, REALTORS
Keller Williams Arizona Realty
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Arizona Maricopa County Surprise
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Rainmaker
1,107,522
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Well-written post Tony and Suzanne Marriott, Associate Brokers Anyone facing foreclosure should explore all their options including a short sale. 

Oct 12, 2017 07:47 AM #1
Rainmaker
3,598,554
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone facing foreclosure in your area should call you and see their options.

Oct 13, 2017 03:27 AM #2
Rainmaker
2,461,177
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Thanks Mary Yonkers and - thanks for stopping by with a comment!

 

Oct 13, 2017 05:42 AM #3
Rainmaker
2,461,177
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Thanks Gita Bantwal and - thanks for stopping by with a comment!

 

Oct 13, 2017 05:42 AM #4
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Rainmaker
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Tony and Suzanne Marriott, Associate Brokers

Serving Scottsdale, Phoenix and Maricopa County AZ
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