Arizona Short Sale Banks...

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,...

Arizona Short Sales Have Issues Because ...

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. -...

Make Sure You Hire An Experienced Short ...

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 ...

Arizona Short Sale Tips...

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...

An Arizona Short Sale And Your Credit...

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...

Scottsdale Short Sales will rise! GUARAN...

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...

When considering a short sale…...

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...