phoenix short sale agent: When all else fails.....BEG?
- 09/14/12 10:23 AM
I am training a fabulous friend of mine to help me part time with office stuff, and we had a hell of a week trying to save a few sellers from foreclosure and get the Trustee Sale dates postponed. It seems to be getting more challenging lately....my only guess is that the banks understand that the Phoenix, AZ real estate market is recovering with leaps and bounds. Values have increased over 40% in the past year alone, and our inventory levels are ridiculously low. Translation? It may be more profitable in many cases for the bank to foreclose. It's that simple. This … (4 comments)
phoenix short sale agent: DANGER, DANGER WILL ROBINSON - THE BANKS ARE GETTING INTO REAL ESTATE THROUGH THE BACK DOOR - SHORT SALES!!
- 05/13/11 08:36 PM
ATTENTION SHORT SALE SELLERS: We are metro Phoenix Short Sale agents and we also help homeowners get $20,000 at closing from their lenders and we DO NOT represent the BANK, we represent YOU, the homeowners. Your bank has NO fiduciary duty to you. The BANK has a fiduciary duty to the note owners, the investors who own the note that you signed at your closing when you bought your house. Make sure that when you decide to short sell your home, regardless if the bank proactively contacted you, that you choose Agents who are working for you!!! An agent that is EXPERIENCED and … (2 comments)
phoenix short sale agent: What does YOUR Short Sale agent do when the bank says NO?
- 04/14/11 05:04 AM
Phoenix Short Sale Agents- Short Sale Questions To Ask Agents When you are looking for a Phoenix Short Sale agent to represent you in your short sale process you need to choose a Phoenix Short Sale agent that has closed short sales in Phoenix AZ or Maricopa County or Pinal County and Phoenx metro area properties. Short sale questions that you can ask agents are: How long have you been representing short sale sellers in Phoenix AZ? How many of your listings have you closed in the past 3 years? Note: I did not ask what your closing ratio/percentage is. I want HARD numbers, please! Do … (6 comments)
phoenix short sale agent: The Man Behind the Curtain: Who Really Owns your Loan?
- 03/19/11 08:25 PM
Who really loses when a home is foreclosed on? One would think that everyone involved loses......right? Wrong. First, chances are good that the bank that you stopped making payments to is probably not the owner of your loan. For example, 80% of all Bank of America's loans are not owned by them. Pay no attention to the man behind the curtain? Well, you'd better....because it's not your lender that calls the shots on your short sale, it's that elusive, mysterious "man behind the curtain", better known as the "investor" or "GSE". The biggest actual "owners" of loans/"investors"/"man behind the curtain" are … (3 comments)
I am training a fabulous friend of mine to help me part time with office stuff, and we had a hell of a week trying to save a few sellers from foreclosure and get the Trustee Sale dates postponed. It seems to be getting more challenging lately....my only guess is that the banks understand that the Phoenix, AZ real estate market is recovering with leaps and bounds. Values have increased over 40% in the past year alone, and our inventory levels are ridiculously low. Translation? It may be more profitable in many cases for the bank to foreclose. It's that simple. This … (4 comments)
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