SHORT SALE – Accepting a Short Sale Offer When a buyer does make an offer on your short sale listing, you need to be careful not to accept one that is too low. Many buyers/investors like to low ball distressed properties. The problem with that strategy is your lender won’t accept the offer if it…Read More→
Stop Your Home from Becoming Another REO/Foreclosure
Stop Your Home from Becoming Another REO/Foreclosure Many Arizona sellers don’t realize that they can stop their home from becoming another REO / Foreclosure by selling their home with a short sale. Short sales are effective to stop foreclosure if you know the ins and outs of the process and how to negotiate the right…Read More→
Why the Worst Thing is To Ignore Your Bank
Why the Worst Thing is To Ignore Your Bank It is human nature to avoid the unpleasant, especially when it comes to creditors calling you and writing you collection letters. Many distressed homeowners are in denial that they are in financial trouble or are embarrassed to admit it. The worst thing you can do is…Read More→
HOW TO SAVE MY HOME FROM FORECLOSURE – MAKE A PLAN
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→
HOW TO SAVE MY HOME FROM FORECLOSURE – FORBEARANCE
How Forbearance Can Help Save Your Home With forbearance, your lender will offer you a workout program requiring you to immediately pay approximately 20% of your delinquent loan arrearage amount, while adding the balance of the delinquency to your regular mortgage payments over a 6 month to 48 month period. Forbearance plans will not remove…Read More→
SOLD AND CLOSED ANOTHER SHORT SALE
Yes, this feels good. Short sales are a lot of work for us and it feels great to really see the approval process jump. We have 6 closing this month, given everything happens as approved. CLOSED SHORT SALE IN CAREFREE CROSSING This investor owned property closed yesterday in Carefree Crossing. The seller came to us…Read More→
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