Why Foreclosure? You Do Have Options To Avoid It In Chandler Heights

By
Real Estate Agent with Serving the Greater Phoenix and Scottsdale Metropolitan Area BR534744000 & BR540649000

Although we no longer see the levels of Short Sales that we did a few years ago in Chandler Heights,  Notices of Default continue to be issued, meaning that yet another Chandler Heights 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 Chandler Heights when the net result will be less money to the lender(s) than processing and approving a Short Sale in Chandler Heights?

 

We encourage Chandler Heights 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 Chandler Heights 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 2018

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.

Tony and Suzanne have personally Listed, Sold and Closed more than a hundred Short Sales with the highest list to close rate in the Phoenix Metro Area!

Tony Marriott - Chief Executive Officer - Haven Express @ Keller Williams Arizona Realty

Suzanne Marriott - Chief Learning Officer - Haven Express @ Keller Williams Arizona Realty

Associate Brokers, REALTORS
Haven Express
Keller Williams Arizona Realty
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Topic:
Home Selling
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Arizona Maricopa County Chandler Heights
Tags:
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Rainmaker
3,271,988
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information!  Thanks for sharing and enjoy your Tuesday!

Sep 26, 2017 08:02 AM #1
Rainmaker
3,278,364
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

I am so shocked after how many years we came out of the Bottom of the Market? Politicians announced two years ago that everything is FINE.... so how is it possible that we still have REO's???Endre

Sep 26, 2017 11:16 PM #2
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Tony and Suzanne.  Folks who find themselves in difficult situations really should open up and explore their alternatives.

Sep 27, 2017 05:03 AM #3
Rainmaker
3,055,915
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Thanks Kristin Johnston - REALTOR® and - thanks for stopping by with a comment!

 

Sep 27, 2017 05:24 AM #4
Rainmaker
3,055,915
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Not done yet Endre Barath, Jr. and - thanks for stopping by with a comment!

 

Sep 27, 2017 05:24 AM #5
Rainmaker
3,055,915
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Agreed Gabe Sanders - all it costs them is a little time and - thanks for stopping by with a comment!

 

Sep 27, 2017 05:25 AM #6
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Rainmaker
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Tony and Suzanne Marriott, Associate Brokers

Haven Express @ Keller Williams Arizona Realty
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