Comments on: Arizona Short Sale Tips

By: Jill

Jill — Sat, 20 Jun 2009 11:21:34 +0000

Good points. How much lower than list price do you usually offer?

By: Charles Richey

Charles Richey — Sun, 14 Jun 2009 20:01:32 +0000

Jeff, what percentage of short sales actually close in your area? Here in Las Vegas the percentage is very low, only 10%. Considering the large number of homes that go into foreclosure, short sales aren’t a great option here.

By: Wohnen auf Zeit

Wohnen auf Zeit — Wed, 10 Jun 2009 11:44:22 +0000

Hi you hit it on the head; this was a great recap of all the factors!Once a short sale is authorized, you must work closely with your lender and provide requested documents in a timely fashion. Even more important, you must learn how to write a hardship letter that is concise. Doing so can greatly increase your chances of success and potentially free you from your mortgage loan debt.