shortsale: Arizona Short Sales: Shorty "The Short Sale 'Expert'"
- 07/12/08 07:02 AM
In Arizona right now, we have two kinds of homes selling. Those that are in the foreclosure process, and those that have already gone through the process. My own anecdotal evidence suggests that these are really the only two types of listings that are selling. There undoubtedly are a few (very few) homeowners who have both the equity and the stomach to price their homes in line with foreclosures, and are selling. What does this indicate? What it has always indicated: if you price the home to sell, it will sell. In June (remember June? It was just a few days … (1 comments)
shortsale: Short-Sale Primer Part V
- 02/22/08 03:53 AM
Here it is. Our final installment. This is one of the most important parts: How Will A Short Sale Affect You. If you missed any of the preceding parts, you can find them here: Arizona Short-Sale Primer Part I Arizona Short-Sale Primer Part II Arizona Short-Sale Primer Part III Arizona Short-Sale Primer Part IV This part is most critical, and is the subject of great speculation and debate, and is surrounded with misunderstanding. I strongly advise you to seek appropriate legal counsel regarding your specific circumstances and any legal, tax, or personal credit consequences for your unique situation. State law varies … (0 comments)
shortsale: Arizona Short-Sale Primer Part IV
- 02/19/08 10:31 AM
Here we are again. In case you missed them, and need to get caught up, here are the first three parts in this series. Arizona Short Sale Help Part I, Arizona Short Sale Help Part II, Arizona Short Sale Help Part III Today we want to take a step by step look at the process of a short sale. Now, if you've looked at my Arizona Foreclosure Help Page, you know that a short sale may not be the best option for you. But if it is, here's how the process goes. Sell Means Sell To do a short "sale" the … (1 comments)
shortsale: Short-Sale Primer Part III
- 02/16/08 05:34 AM
Here we are again. Thanks for following along. I have received quite a few questions from poeple about specific topics, and I can confirm that all of your questions will be answered in the course of this (rather long) treatise. Today, we discuss how to prepare yourself for a short-sale. Before we begin though, if you missed part I or II, here they are: Arizona Short-Sale Primer Part I Arizona Short-Sale Primer Part II What, Exactly, Are We Preparing? You need to prepare yourself in two ways, really, for a short sale. You need to prepare yourself mentally & emotionally, and … (1 comments)
shortsale: Short-Sale Primer Part II
- 02/14/08 04:38 AM
Hello Again! Here's part II in our continuing series on Arizona Short Sales. (Here's Part I of the Arizona Short-Sale Primer.) I wanted to address something that everybody seems to be asking me about lately, and is next up on our list of topics: who is eligible for a short-sale, and why would a bank be interested in accepting one? Who Is Eligable For A Short-Sale? There really are no hard and fast rules about who is eligible and who is not. You might hear that a person has to have a demonstrable "hardship" in order to do a short-sale. This … (0 comments)
shortsale: Short-Sale Primer Part I
- 02/13/08 02:01 PM
Unfortunately, one of the hottest topics in today's Arizona real estate market is the subject of short-sales, foreclosures, and lender owned properties (REO). Now, I'm going to begin a whole series here on short-sales, but you'll get the answers to your questions on the other subjects as a matter of course. There is a LOT of information to cover, but cover it we will, and in as logical a manner as possible. Here are a list of questions that we will answer, and when they are all done, I'll post it in the archives: 1.) What is a short-sale? 2.) Who … (2 comments)
Serving Arizona families with foreclosure related issues, such as Arizona Loan Modifications, Arizona Short Sales, and Arizona Deeds in Lieu of Foreclosure. We also work with the Default Servicing industry on the buying and selling of lender owned homes.
In Arizona right now, we have two kinds of homes selling. Those that are in the foreclosure process, and those that have already gone through the process. My own anecdotal evidence suggests that these are really the only two types of listings that are selling. There undoubtedly are a few (very few) homeowners who have both the equity and the stomach to price their homes in line with foreclosures, and are selling. What does this indicate? What it has always indicated: if you price the home to sell, it will sell. In June (remember June? It was just a few days … (1 comments)
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