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"Arizona Short Sale"
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 →So, you lost your job, or just going through hard times. The terrifying thought that you can’t continue to make your mortgage payments starts to surface. Most run from this thought. It’s scary, I understand. You know you just can’t make ends meet anymore but you don’t want to admit it. You don’t want to [...]
Continue Reading →Being involved in the negotiations of short sales on a day to day basis, I understand the struggle that comes along with these difficult transactions. On the flip side, I know there are also a number of skilled short sale agents out there. The process, with some determination, can be somewhat perfected. Unfortunately, for the [...]
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 →Fannie Mae, the Federal National Mortgage Association, was setup with an aim to give the ability to the lenders to reinvest their assets and offer them additional and more secure lending options. FNMA helps the secondary mortgage market and has helped Americans for the past few decades by increasing the number of lenders and thereby [...]
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 [...]
Continue Reading →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 [...]
Continue Reading →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 [...]
Continue Reading →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 [...]
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