From the monthly archives: January 2012
We are going to step back from talking about short sale and talk about the loan modification or mortgage modification. If you are looking to keep your home, a loan modification might be a better option than a short sale although they are very difficult to get approved.
Below is a very informative video on [...]
Continue Reading →There is a flurry of information out there in regard to short sales, foreclosures, and just lenders in general. Before you can truly understand why these lenders do the things they do, you have to understand what motivates them. When you understand what motivates them, it is then, you can provide the correct facts to [...]
Continue Reading →There are a lot of statistics out there in regard to short sales in Arizona and the housing crisis. Some of these statistics will quote “homeowners who are upside down on their mortgage”. One of the qualification of doing an Arizona short sale is being upside on your mortgage.
Here is a great video [...]
Continue Reading →An Arm’s Length Transaction has to do with the relationships between the parties involved in a particular transaction. More often than not, a short sale lender will require all parties of the short sale to sign an Arm’s Length Addendum.
Embedded below is a very good video about what makes up an Arm’s Length [...]
Continue Reading →With all of the short sales in Arizona that I have handled, one the trickiest questions to answer is about when the homeowner should leave their property. This tends to be a heated debate between short sale experts as there are pros for each side. I will talk about the different perspectives and I suggest [...]
Continue Reading →Embedded below is a very useful video on how a short sale works. If you have any questions, please don’t hesitate to ask.
Thanks for continually checking up on short sales in Arizona.
Thanks for reading.
Sincerely,
Jeff Buettner
Continue Reading →The HAFA program and HAFA short sales have made some headlines as of late. Some boast this new government program as the end all be all for “difficult” short sales. Let’s take a look and see what it takes to qualify for a HAFA short sale.
For starters, your primary lender has to volunteer to [...]
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