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. -...

#1 Rule Of Short Sales Gets Broken...

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....

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 ...

Short Sales Can Be So Frustrating...

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...

Arizona Short Sale Posts...

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...

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...

Arizona Short Sales Rise With Unemployme...

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...