Arizona Short Sales Have Issues Because ...

As you all know, I have several Arizona short sales with a ton of banks. The most predominant bank my Arizona short sales are with is Bank of America. the reason for this, Bank of America has recently taken over COuntrywide. This is causing a major issue. On the majority of our Bank of America files, they are asking for the homeowner to contribute in some way. Whether it is a promissory note or contribution, I just won’t have it. Obivously there are ways around everything but it is a giant hassle. I will tell you that. Thanks for reading about Arizona short sales. -...

Some Major Bank Mergers For Short Sales...

Just as a heads up. I am finding a lot of people who are un aware of the Bank of America/Countrywide merge and the WaMu/Chase merge. These things are very critical to short sale. Short sale negotiatons is all about knowing the style of the bank. What is their system? How do they work? What do they normalley except for a short sale? All these questions and answer are bank specific. When two banks merge, it changes the whole game up. Not we are seeing a very slow transition with these banks. Most fax numbers and update lines are the same. We aren’t seeing to many...

#1 Rule Of Short Sales Gets Broken...

Yes folks, it has happened. The number one rule of short sales has been broken and is being broken more and more. What is the number one rule of short sales? The homeowner CAN’T receive proceeds from the sale. They aren’t allowed too. Now that is changing for a few lucky homeowners. A very small group of mortgage investors are giving their homeowners/clients an undertermined amount of money for being proactiv and doing a short sale. I have seen $1000 and $500 as of late. But I have only see two occurences like this. This isn’t a main stream kind of deal....

Make Sure You Hire An Experienced Short ...

I can’t stress this point enough. Please make sure you hire an experienced short sale negotiator / short sale Realtor. Too many people just click on the first result from Google and assume they are qualified. Too many sites are falsly ranked because they have content like: We serivce short sale in the following areas. Tucson Arizona Short Sale Mesa Arizona Short Sale Glendale Arizona Short Sale Chandler Arizona Short Sale Scottsdale Arizona Short Sale Gilbert Arizona Short Sale Tempe Arizona Short Sale Peoria Arizona Short Sale Yuma Arizona Short Sale ...