Call 480.767.3062 | Real Estate Wiz Kid | Short Sale Negotiator | Arizona Realtor | Foreclosure Help

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, Arizona Short Sale Bank

• Bank of America (Used To Be Countrywide): Chandler, Arizona Short Sale Bank & Phoenix, AZ Short Sale Bank
• Homecomings: Scottsdale, AZ Short Sale Bank
• Then any small local banks you might have a mortgage with. Desert School, etc…

Thanks for reading about Arizona & Scottsdale Short Sales!

- Jeff Buettner
Real Estate Wiz Kid
Arizona Short Sale Realtor & Negotiator

I need to stop my Scottsdale foreclosure now!

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.

- Jeff Buettner
Real Estate Wiz Kid
Arizona Short Sale Realtor & Negotiator

Who can tell me what the Scottsdale real estate market is like today? Because I need help with a Scottsdale short sale!

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
• Surprise Arizona Short Sale
• Avondale Arizona Short Sale
• Flagstaff Arizona Short Sale

Ask the right questions and make sure your realtor is experienced.

- Jeff Buettner
Real Estate Wiz Kid
Arizona Short Sale Realtor & Negotiator

I need an Arizona Realtor for my Scottsdale short sale!

I get phone calls and emails all day and everyday in regards to Arizona short sales. Homeowners who fall under the Arizona short sale category are all very concerned and worried about the short sale and it’s ramifications. But one thing I find is that a lot of homeowners don’t do their research in regards to their Arizona short sale. So I have compiled a list of tips to help homeowners out.

• Arizona Short Sale Tip #1 – Do your research. Read anything and everything you can find about short sales in Arizona. There is a plethora of information out there and you want to be informed before you talk to anyone.
• Arizona Short Sale Tip #2 – Talk to more than one short sale negotiator. There are a lot of Realtors out there these days that do Arizona short sales. Make sure you talk to several before you make your decision. Some who claim to be experts on short sales really dish out their work to a third company. Some have just taken one class that gives them an “Arizona Short Sale Expert” title and actually haven’t negotiated anything. If your Realtor does use a third party, make sure you talk to the actual negotaitor as well.
• Arizona Short Sale Tip #3 – Make sure your Arizona short sale negetiator has worked with your mortgage company. Like I said before, there are a lot of newbies out there. If you have a very common mortgage company and your Arizona short sale expert hasn’t worked with them, they probably aren’t an expert.
• Arizona Short Sale Tip #4 – Ask your realtor about the average time it takes to negotiate the short sales. If they quote anything over 6 months, run away. They don’t have any sort of initiative to close the short sale quickly.
• Arizona Short Sale Tip #5 – Be on your toes with your Arizona short sale. With short sales, especially in Arizona’s decling market, you have to be on your toes. If the bank asks for updated paper work, GET IT TO THEM. Keep any new pay stubs or bank statments you might get during the negotiating in a file so they are easily acessible.

Thanks for reading and I hope this helped every homeowner who is considering a short sale in Arizona.

Keep coming back.

- Jeff Buettner
Real Estate Wiz Kid
Arizona Short Sale Realtor & Negotiator

I can’t make payments on my Arizona home any more. I think I might need some Arizona Short Sale help!

I was asked a very good question the pother day in regards to a short sale in arizona and one’s credit. The woman was very nice and simply wanted to know if the effect on her credit would be more severe with a short sale and missed payments or a foreclosure. The answer to this question is very simple. A short sale in arizona is always going to be better than a foreclosure. Everyone’s credit is different, so you can never be exactly positive with short sales. A good general rule is a short sale hits your credit 125-150 plus your missed payments and a foreclosure is roughly 250 points plus your missed payments. Theoretically, the best scenario would being completeling a short sale without missing any payments. This would have the best affect on your credit. As I explained to this woman, this scenario is exetremely unlikely and isn’t really possible. Banks don’t consider short sales unless the homeowner is behind on payments. Thats the bottomline. I know this goes past all logical thinking and reasoning but they just don’t.

Thanks for reading and come back for more about Arizona short sales and foreclosure help.

- Jeff Buettner
Real Estate Wiz Kid
Arizona Short Sale Realtor & Negotiator

Who can help me with a Scottsdale short sale? I am in need of some Arizona foreclosure help now!

Short sales are all over the Arizona as we all know. Short sales pop up in all neihborhoods in all price ranges. It is no surprise though that we tend to see more short sales in what I like to call the short sale prone areas. These areas in my mind are the Phoenix area and its outskirts (Outside the 101 Loop). I tend to believe we will start seeing more and more short sales in the Scottsdale area. I know you are asking, why, Jeff, will we see more Scottsdale short sales?

• More Scottsdale Short Sales Reason 1: Scottsdale homes tend to be higher priced therefor Scottsdale short sales will have to depreciate through more equity.
• More Scottsdale Short Sales Reason 2: Purchasers of Scottsdale homes tend to have more cash reserves to save their home from becoming a Scottsdale short sale longer.
• More Scottsdale Short Sales Reason 3: Scottsdale homes tend to be be bought with a larger down payment which builds in more equity, once again, prolonging it from becoming a Scottsdale short sale.

Thanks for reading and come back soon.

- Jeff Buettner
Real Estate Wiz Kid

How do I stop foreclosure on my Phoenix home?

I realize when heading down the pre-foreclosure road you have many things to think about. There is a lot even when is comes down to short sales. In my mind, when considering any preforeclosure method, especially a short sale, you have to look at two main categories. The first main ramification when looking at short sales is the legal side. The second short sale ramification are tax issues.

Short Sale Legal Ramifications to Consider:

• Promissory Note
• Banks Legally Pursuing You
• Anti Deficiency laws

Short Sale Tax Ramifications to Consider:

• 1099C
• Mortgage Forgiveness Debt Relief Act of 2007

Consider all these things while raking a short sale or any pre-foreclosure route. Any seasoned short sale negotiator will have solutions, answers, and paths for knowledge for all these hurdles.

Thanks for reading!

- Jeff Buettner
Real Estate Wiz Kid
Arizona Short Sale Realtor & Negotiator

Short Sale? What is it?