Make a Plan It is a good idea to make a plan to manage your finances, especially in these tough financial times. With so many homeowners falling behind on their mortgage payments, everyone agrees that finding solutions to save homes is the best way to avoid further foreclosures. Only you can take the first step…Read More→
I WANT TO BUY A SHORT SALE, WHAT SHOULD I LOOK FOR?
Recognizing Short Sales That Banks Will Approve Buyers, don’t waste your time and/or your money on an Arizona short sale until you do your homework about the seller’s motivation and financial situation and find out whether their Realtor has experience with successful short sale closings. Just because your seller is upside down on their mortgage,…Read More→
Risks in doing a Short Sale in Arizona
What Are the Risks Involved with a Short Sale? Short sales are an option to save your home from foreclosure that many Arizona homeowners are using. The key to success is starting your negotiations with your lender early and hiring an experienced certified short sale Realtor and negotiator to help you before you default on…Read More→
New Government Short Sale Program
The government is working out the details of expanding the Home Affordable Programs to cover short sales and deeds in lieu of foreclosure. The program will streamline the short sale approval process in an effort to close short sales faster. The average Arizona short sale closing currently takes about 4-6 months from start to finish. …Read More→
"BUT SHORT SALES AREN'T A LONG SHOT ANYMORE…"
ARTICLE IN THE ARIZONA REPUBLIC ABOUT SHORT SALES This morning in the Arizona republic’s article “Fast? No. A sure Thing? Not Likely But short sales aren’t a long shot anymore, real-estate agents say” discusses a few of the realities about short sales such as: they take a long time, currently the best deal for buyers,…Read More→
WE ARE STOPPING ANOTHER FORECLOSURE
We were contacted by a client last week. Another sad story of poor judgement and misguidance by a lender. OUR HOME IS GOING INTO FORECLOSURE! They have a second home out here in Scottsdale in the community of Winfield. Winfield is an upscale Tennis community located in North Scottsdale. Tina called and didn’t know what…Read More→
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