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"Arizona Short Sale"
Short Sales have been around for years. All the banks deal with them and almost everyone knows how long they can take. Over the past 5 years or so there have been these announcements about faster turn around times and easier approvals.
The banks are swamped. The major lenders get over a thousand new short [...]
Continue Reading →As everyone knows, short sales can be a pain. Patience is needed as a bank can draw out the process and provide vague unclear answers as to why the process is taking several months. Now, Freddie Mac and Fannie Mae take a step forward to shorten the short sale process.
Starting in June of 2012, [...]
Continue Reading →This site and my short sale articles are for you, the consumer. At the end of the day, I am here to answer your Arizona short sale questions. I am here as an expert and as a resource. I can talk about short sales, lenders, and real estate all day long. But, on the same [...]
Continue Reading →Here is a great video on the mortgage tax debt relief act which expires at the end of 2012. Please remember all of the California Specific Laws don’t apply in Arizona. All in all, still a very informative video.
Thanks for reading (or watching)
Sincerely,
Jeff Buettner
Continue Reading →The Mortgage Forgiveness Debt Relief Act has been around since 2007. Believe it or not, it has also been utilized and talked about since 2007. The Mortgage Forgiveness Debt Relief Act has helped a lot of homeowners who were faced with a 1099 after going through a short sale or foreclosure.
Well, there is some [...]
Continue Reading →If you need to sell your home, now is the time to do it. Things have been going crazy this week. We put a listing on the market and within 6 hours, we had a handful of contracts. It is definitely a seller’s market right now! Who knows how long it will stay this hot. [...]
Continue Reading →Sometimes, actually pretty frequently, I think about YOU. You are the consumer. You are my client. It is your thoughts, opinions, and ideas that matter to me. At the end of the day, you are the person I am trying to help or want to help.
Today it hit me. What do you want to [...]
Continue Reading →Take a look at this great video talking about strategic default, short sales, and foreclosure.
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 [...]
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 [...]
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