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Arizona Short Sales Have Issues Because Of Bank Of America

July 21st, 2009 Jeffrey Posted in Arizona Short Sale, Arizona Short Sale Help, Short Sale 1 Comment »

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!

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#1 Rule Of Short Sales Gets Broken

July 4th, 2009 Jeffrey Posted in Short Sale 4 Comments »

Yes folks, it has happened. The number one rule of short sales has been broken and is being broken more and more. What is the number one rule of short sales? The homeowner CAN’T receive proceeds from the sale. They aren’t allowed too. Now that is changing for a few lucky homeowners. A very small group of mortgage investors are giving their homeowners/clients an undertermined amount of money for being proactiv and doing a short sale. I have seen $1000 and $500 as of late. But I have only see two occurences like this. This isn’t a main stream kind of deal. Don’t expect this because it is exetremely exetremely rare. It is out there though.

Thanks for reading and come back soon.

- 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!

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Make Sure You Hire An Experienced Short Sale Negotiator

July 1st, 2009 Jeffrey Posted in Arizona Short Sale, Arizona Short Sale Help, Short Sale No Comments »

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!

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Short Sales Can Be So Frustrating

June 16th, 2009 Jeffrey Posted in Short Sale 1 Comment »

Short sales can make you want to scream.

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

I’m upside down on my home and need a Phoenix Short Sale!

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Arizona Short Sale Posts

June 4th, 2009 Jeffrey Posted in Short Sale 2 Comments »

I thank all of you for reading my blog about Arizona short sales. I spend my whole day dealing with short sales in Arizona. I work them all over, from Scottsdale , Arizona to Laveen , Arizona. I have been negotiating these arizona short sales for years. I appreciate that you guys respect my opinion on them. But there is something you guys have to do… Go read other peoples opinions as well!!! Short sales don’t have any rules (especially short sales in Arizona). There are tons of strategies out there for dealing with this things.  Google “Arizona Short Sales” and you will find tons of articles. Start reading!

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

I need to stop my Scottsdale foreclosure now and I need help with my Scottsdale Short Sale!

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Arizona Short Sale Tips

June 1st, 2009 Jeffrey Posted in Arizona Short Sale, Arizona Short Sale Help, Short Sale 3 Comments »

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!

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An Arizona Short Sale And Your Credit

May 10th, 2009 Jeffrey Posted in Arizona Short Sale, Arizona Short Sale Help, Short Sale 3 Comments »

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!

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    Arizona Short Sales Rise With Unemployment

    May 4th, 2009 Jeffrey Posted in Short Sale 4 Comments »

    You hear something new about the economy every single day. Everyone loves to talk about the Arizona real estate market. Someone told me yesterday that they think the market is going to pick back up and short sales will die out here in the next few months. I have some bad news for the short sale non-believers. This is not the case. Lets say the market stops decresing today and starts appreciating tomorrow. Even at a honest appreciation of 5-7% a year, we still have years before some individuals have equity in their home. With unemployment on the rise, the hardships will still be present for months. When you add all these things together, short sale won’t be gone for a while. I’m sorry to bust your chops anonymous friend, but thanks for the positive hopes.

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

    I need someone with Arizona short sale experience!

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