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Short Sales Explained

On February 1, 2012 By

Take a look at this three minute video. It breaks down how  a short sale in Arizona works and goes into some of the basics.

 

If you have any short sale questions, please don’t hesitate to call or email us. As always you are free to browse all of our [...]

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I was at a pretty big real estate event in the valley yesterday. They had some wonderful real estate veterans speaking about the market and their secrets to success. My favorite speaker though happened to be the gentleman that started the Cromford Report.

For those of you who haven’t heard of the Cromford Report, [...]

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If you know what makes a short sale a short sale, you understand that this scenario can pop up in almost any market if the conditions are right. Well, for whatever reason, there is this delusion about the luxury market and not suffering the down turn in the housing market. Well folks, I’m hear to [...]

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Short Sales: The Cash Incentive

On September 7, 2011 By

For the longest time, it was a general rule of thumb that the seller was to net nothing, zilch, nada from a their short sale closing. In the short term, it makes sense. I mean, why should someone who hasn’t paid their mortgage get a cash gift, right?

Wrong.

The short sale is a [...]

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For the most part, the higher the price point of a short sale, the easier it is to get done.

How can that be with short sales you ask?

I will explain using 2 different short sale examples. The one thing I want everyone to focus on is that all the short sale lender cares [...]

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This is a question that gets asked to me regularly. When will the auction on my Scottsdale short sale get pushed if I am working on a short sale? How long will it take?

Unfortunately, there isn’t a great answer. Yes, if your home is going through a short sale or even a loan modification, [...]

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A Little About Trustee Sales

On September 29, 2010 By

Investing in real estate has been rated safe compared to other investment options like Stock Markets, Gold or Silver, but after the recent economic slowdown and the quick decline in market price of real estate across United States, investors should better be cautious before putting their money. It is good to make an informed decision [...]

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Scottsdale Advertising

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Great Article: http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/UseAShortSaleToEscapeForeclosure.aspx

If you can no longer make your mortgage payments and your home is now worth less than you owe on it, foreclosure may not be your only option.
A short sale, in real-estate terms, is the sale of a house for less than what the owner still owes on the mortgage. [...]

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Strategic Default

On April 23, 2010 By

Visit msnbc.com for breaking news, world news, and Continue Reading

Scottsdale Short Sale Help

On April 22, 2010 By

If you need Scottsdale Short Sale help, please don’t hesitate to contact me at anytime.

Sincerely,

Jeff Buettner

480.767.3062

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I get way too many phone calls from uneducated buyer’s agents. Every agent in this market should be up to date and educated on short sales and REOs! If your agent isn’t “interested” in learning about the way the market is today. You should dump them immeidately.

Thanks for reading.

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Just as a heads up. I am finding a lot of people who are un aware of the Bank of America/Countrywide merge and the WaMu/Chase merge. These things are very critical to short sale. Short sale negotiatons is all about knowing the style of the bank. What is their system? How do they work? What [...]

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