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"Arizona Short Sale Help"
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 →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 →Brent T White is a local Arizonan and college professor. He make some very valid and interesting points on the economical and moral debate of short sale, foreclosure, and strategic default.
If you haven’t had a chance to read some of his articles, I reccomend you check our our “Brent T White” section http://realestatewizkid.com/short-sale-information/brent-t-white/
Thanks [...]
Continue Reading →This is a big misconception among the general population these days in regard to short sales. A short sale, if you don’t already know, is the selling of a home where you owe more than it is worth. To do this, one must get approval from their lien holders/ the company’s that service their mortgage.
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Continue Reading →Believe it or not, I read a statistic the other day that said close to 80% of individuals never talk to any kind of professional before or during the time their home goes into foreclosure. This shocked me. Their home is close to arizona foreclosure and they just don’t speak to anyone about it! They [...]
Continue Reading →For those of you who have been through a short sale or have been reading up on them, you know they are difficult. That is the truth. Unfortunately though, the short sale’s worst enemy is the homeowner. That’s right. The homeowner almost always hinders the short sale more than anything else. It’s either they aren’t [...]
Continue Reading →After talking to a ton of people day in and day out about short sales, I often get quoted the very low success percentages that the media has thrown together. I have heard people say on average only 40%, 30%, and even 20% of all short sales get approved. How is it that there are [...]
Continue Reading →Now we have all been suckered by the banks in one way or another, but where they are trying to hit us hard in our pockets is our own home sweet home. Because a majority of us here in this fine nation, and even the fine state of Arizona, have to purchase homes with a [...]
Continue Reading →In Scottsdale and throughout Arizona, there is what I like to call a short sale pandemic. There are a few facts in regard to short sales and real estate floating around that are very troubling. The majority of individuals looking to sell their home or are in need of Scottsdale short sale assistance, hire the [...]
Continue Reading →Some new laws and regulations are in the process of being out into place regarding how short sales are handled and the individuals that handle these particular short sales.
One regulation to be exact, is what I want to talk about.
“Numerous regulations have recently been enacted governing short sale negotiations. In short, these regulations [...]
Continue Reading →If your considering a short sale, there are a few things you need to do.
Check to see if you have a foreclosure auction scheduled. You can do this by either checking with your lender, looking into state tax records, or you can call us and we can do it for you. Start gathering up [...]
Continue Reading →For those of you who don’t know, when you call into banks to start negotiating a short sale, it is very possible for you to talk to someone in Arizona about your Arizona short sale.
I have compiled a short list of these Arizona Short Sale Banks:
Chase: Tempe, Arizona Short Sale Bank & Phoenix, [...]
Continue Reading →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 [...]
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