Scottsdale Short Sales will rise! GUARANTEED
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 short sales will have to depreciate through more equity.
- More Scottsdale Short Sales Reason 2: Purchasers of Scottsdale homes tend to have more cash reserves to save their home from becoming a Scottsdale short sale longer.
- More Scottsdale Short Sales Reason 3: Scottsdale homes tend to be be bought with a larger down payment which builds in more equity, once again, prolonging it from becoming a Scottsdale short sale.
Thanks for reading and come back soon.
- Jeff Buettner
Real Estate Wiz Kid
How do I stop foreclosure on my Phoenix home?
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November 17th, 2008 at 4:33 am
This news means BIG BUSINESS for us…
The Treasury Depart announced that they will NOT buy up Foreclosed Loans.
Find out how this critical policy change on the use of the 700 Billion bailout funds just put us in the drivers seat for the next 3-5 years:
The Fed (Paulson) announced that they have changed their mind on using the funds to buy bad assets from banks. That means they will NOT buy up the banks and lender’s bad loans.
This means that banks will have to continue to SHORT SALE their non-paying home loans to investors like you and me.
Now with the special 1% funding to purchase short sales (plus a $300 fee, all payable after we flip the short sale) and the special title company that has an 80% success ratio of closing short sale flips in all 50 states, making money with this program is like fishing in a stocked pond!
Larry Potter
fastbuyerloans@gmail.com