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Don't Just Give Up - Consider a Short Sale in Paradise Valley
While the numbers of Short Sales and REOs in Paradise Valley are way down from the staggering levels following the market crash about 10 years ago, there are still some properties "under water" and some that have received a Notice of Default, the first step in the process that will result in the Trustee's Sale on the courthouse steps.
It's always sad to see people give up and walk away from a home, particularly when alternatives exist which may well be better for them and their lien holders.
We've learned that often those who "opt" to let the home go to foreclosure "by default" often believe that their personal circumstances prevent them from doing a Short Sale.
Circumstances such as:
Multiple Home Loans
IRS Income Tax Liens
Past Due Child Support
Past Due HOA Fees
...and the list goes on.
In reality, all of the above can be and have been negotiated into successful Short Sales, eliminating not only a Paradise Valley foreclosure on one's credit record, but "curing" other distress into the bargain.
Having successfully closed more than 100 Short Sales over the years, the most recent one being in April 2017, and List to Close ratio in the high 90% range (we don't just "claim" this - we can prove it) ... more
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