Best West Direct: Phoenix Arizona, Scottsdale Short Sale Services News and Information Danger Beware Danger do it Yourself

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Friday, September 21, 2012

Phoenix Arizona, Scottsdale Short Sale Services News and Information Danger Beware Danger do it Yourself


Phoenix Arizona, Scottsdale Short Sale Services



What Arizona Hard Money Lenders Consider

If you are looking for a quick and easy loan to purchase a home or avoid foreclosure, an Arizona hard money lender could be useful to you. Hard money loans are equity-based, so they don’t depend on your credit, your pay stubs, or any of your financial information. So, you’re probably wondering what exactly Arizona hard money lenders do base their decision on. Listed below are a few of the things they take into consideration:

ARIZONA HARD MONEY LENDERS’ CONSIDERATIONS

First, the condition of the property. Is it beautiful? A dump? Or maybe somewhere in between. The better the condition of the property, the more it is worth. Obviously. If you are seeking a hard money loan, try to choose a property that is in good or fair condition.
Location, location, location. Arizona hard money lenders almost always consider the location of the home and factor it into the value.
If you are looking for a fix-and-flip loan for a project, can you complete it? You simply cannot borrow a significant amount of money and then not finish the project or use the money properly. Another consideration that comes into play here is the amount of work it will take to finish the project. You don’t want a project that is way too hard to handle and you also don’t want so small that you don’t actually need a hard money loan for. (Remember that hard money loans typically have higher interest rates.)
One of the most important factors is the value of the home going into the project or purchase and the estimated value of the home coming out. If an Arizona hard money lender can clearly see that the home will increase in value, they are more apt to approve the loan.

A FEW THINGS TO REMEMBER WHEN LOOKING INTO A HARD LOAN ARE TO MAINTAIN PROFESSIONALISM, HAVE A PLAN OF ACTION, AND TAKE THE STEPS NECESSARY TO REPAY THE LOAN. REMEMBER THAT THE INVESTOR IS TAKING A HUGE RISK BY LENDING THEIR MONEY TO A PERSON WITHOUT A PROVEN ABILITY TO PAY. TYPICAL HARD MONEY LOANS RANGE FROM 6-36 MONTHS AND CAN BE APPROVED FOR AN AMOUNT OF UP TO 85% OF THE VALUE OF THE HOME.


Phoenix Short Sales: A Winning Situation for all

Sometimes short sales get a bad rap because they are often a last resort for homeowners hoping to avoid foreclosure. For the most part, these homeowner are swimming in debt (for whatever reason--legitimate or not) and cannot seem to keep up on their payments. Fortunately, a Phoenix short sale is an option that does not diminish future buying power or destroy credit. A short sale can, in fact, be a win-win-win situation in three ways. This type of sale can benefit all involved.

Who wins with Phoenix short sales?

First, the seller wins! They avoid foreclosure which ultimately destroys their credit and is the worst possible situation to be in for a homeowner. After they sell their home, they are free from the mortgage payment and the debt, so they don’t owe their home lender a dime. And, while the Phoenix short sale is being processed, the seller can continue to live in their home mortgage-free. Also, since short sales do not destroy credit, most sellers find themselves able to purchase another home within a few years.
Secondly, the buyer wins! They get an awesome house quickly and at a super low market value. They will actually get to know the seller and they can feel confident knowing that short sale property is usually in better condition because it is being maintained by the current owner/seller.
Lastly, the lender wins! Remember that banks are NOT in the real estate industry--they are in the money industry. Through a Phoenix short sale, they avoid the expense of foreclosure, attorney fees, etc. They also don’t have another home on their hands that they have to list, find an agent for, and sell.

ALL IN ALL, EVERYONE CAN WIN THROUGH A SHORT SALE. PHOENIX SHORT SALES CAN BE A VIABLE OPTION FOR ANYONE LOOKING FOR A WAY TO BE FREE OF THEIR MAJOR DEBTS AND MOVE ON WITH THEIR LIFE.

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What to expect from your Arizona Short Sale agent

Home buying and selling is a complicated task. Undoubtedly, it is wise to use a professional before buying or selling any type of home or property. You need an expert in the industry to make sure the process taking place is fair, profitable for both buyer and seller, and done in the most timely and cost-efficient way possible. With Arizona short salesthe process gets even a little bit more complicated. It is essential to have a real estate agent that is on your side and can help you through the process from day one.
There are over 70,000 certified real estate agents in the Phoenix metropolitan area. Choosing just one could seem a little overwhelming, to say the least! However, less than 1% of these are specialists in Arizona short sales, so that narrows it down drastically. After you have done extensive research and chosen a short sale agent that suits your needs, here are a few things to expect from your short sale agent.

YOU AND YOUR ARIZONA SHORT SALE AGENT

First, expect them to keep the lines of communication open with you and your lender. Write a formal letter to your lender telling them that it is OK for them to share information with your agent. There needs to be extensive 3-way communication between you, your agent, and your lender to keep things dealing with your Arizona short sale open and honest. Never trust a short sale agent that forbids you from speaking directly to your lender about your short sale.
Should you need more help than your real estate agent, he or she should at least be able to connect you with a network of professionals to help you. They should have credible references for attorneys, accountants, and credit and other financial advisors. These agents should be able to support you in your conversation with other professionals and give you guidance on which information to disclose and which information to keep to yourself.

REMEMBER THAT THE ARIZONA SHORT SALE AGENT IS ON YOUR SIDE. THEY WANT TO SHORT SALE YOUR HOME AS QUICKLY AND EASILY AS POSSIBLE, SO THAT YOU CAN MAKE A DIGNIFIED EXIT FROM YOUR MORTGAGE. ALL IN ALL, YOUR SHORT SALE AGENT WANTS TO GET PAID, GET YOU OUT OF YOUR MORTGAGE, AND HAVE YOU REFER THEM TO OTHERS TO GROW THEIR BUSINESS.

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How to get through an Arizona Short Sale

When you make the decision to proceed with an Arizona short sale instead of foreclosure or other, more damaging options, there are a few steps you need to take. It is important to cover all your bases in an Arizona short sale so that you don’t experience even tougher financial and legal ramifications later on.

Where do I begin with an Arizona short sale?

You may have many questions plaguing your mind about this decision. A good place to start is by making a plan of action. It doesn’t have to be anything formal, just a to-do list of sorts to help you organize your thoughts.
First, call the lender to discuss your options. Keep the lines of communication open and honest if you want this process to yield the best results. Get the person responsible for making the decision’s name and contact information...don’t just get the general info from a banking agent.
Next, find yourself an Arizona short sale real estate agent. Do your research and find someone who specializes in these types of sales. Don’t be fooled by “too good to be true” scams--ask around, look up consumer reviews, and get their credentials. You need an agent who is truly on your side.
Then, submit a letter of authorization. Better to allow open communication with all parties so there is less confusion. Banks will not share your personal information with others without written consent to do so, so they will need to know who they can share your information with and exactly what they can share. State your information in the letter, as well as your desire to allow the banks to communicate with your Arizona short sale specialist.
Create a preliminary estimate net sheet. Include all the estimated costs of closing on the home, the sale price, payments due, unpaid loan fees, etc. Basically, include any financial information you think the bank needs to know about.
That leads us into the hardship letter. I can almost guarantee that a bank will not allow you to short sale your home if they notice a nice big boat and brand new truck sitting in front of your home. Lenders aren’t heartless sadists--they do actually understand financial hardship. If you were hospitalized, lost your job, or have any other legitimate financial reason for not making your payments, put it into a letter. If you went on 12 vacations last year, save your sob story for someone else.
Lastly, gather your documents. You will need to provide your bank with proof of income, pay stubs, tax information, etc. Compile these documents into one place and add to them as per your lender’s instructions.

KEEP YOUR HEAD UP AND MAINTAIN PROFESSIONALISM AS YOU CARRY OUT YOUR ARIZONA SHORT SALE.


Finding the right Arizona Short Sale agent

When you find yourself in a difficult financial situation and up against the ticking clock of foreclosure, you may feel, well, a little panicked. You may have never seen yourself in this situation when you purchased your home and now you haven’t the slightest clue as to what to do about it. If you would like to save your credit, be free of your mortgage payment, and start over with a clean slate, an Arizona short sale might be right for you. But, finding a short sale agent can be a daunting task. Listed below are a few tips on finding the right person to help you proceed with your Arizona short sale.
Did you know that there are over 70,000 real estate agents in the Phoenix metropolitan area alone? While that number can seem overwhelming, know that less than 1% are specialists in the Arizona short sale industry. Obviously, step one would to be find yourself one of those.
Do your research! Find an agent that has dealt with circumstance similar to your own and can help you through the process. Don’t just go with the first Joe-Schmo that tells you he can get you a great deal. Find an Arizona short sale specialist with expertise and a reliable, dependable reputation.

Red flags with Arizona Short Sale Consultants

Unfortunately, much like any other industry involved with money, there are scams and fraud in Arizona short sales. Here are a few red flags to look out for when looking for a short sale agent:
*An absolute guarantee to stop foreclosure. All short sale agents would love to promise this, but they simply can’t. Especially without knowing where you are at in the foreclosure process and if and when a foreclosure auction date has already been set.
*Instructions to not contact the lender. This should never be the case. Communication is key in the short sale process so you need not allow a short sale agent to get between you and your bank. You are the ones making the decisions because it is your money and reputation at stake.
*Upfront fees. Quite simply, don’t fork over any money you don’t have to a person you might not trust. It’s simply not worth the risk. Remember, if it sounds too good to be true..IT IS!
*A promise that you can buy the house back. Again, every agent’s dream to tell their clients this, but it doesn’t always happen

THE MAIN THING TO REMEMBER WHEN SEARCHING FOR SOMEONE TO HELP YOU THROUGH YOURARIZONA SHORT SALE IS TO DO YOUR RESEARCH. DON’T LET YOUR VULNERABLE STATE ALLOW YOU TO MAKE A BAD DECISION.


Advice for those looking into a Phoenix Short Sale

It can be a disheartening process to move out of your home and say goodbye to all of your hard work and dreams. However, it can also be a relief to be freed from a financial burden that was holding you back and forcing you to go even further into debt. A Phoenix short sale could make the process a little bit easier, but there are a few things you need to know about them first.
Once you have opted for a Phoenix short saleyou need to communicate with your lender immediately. Make sure a foreclosure auction hasn’t already been scheduled--otherwise, it could be too late. The first thing to do is to start gathering your documents. The documents needed to carry out a Phoenix short sale depend on the lender, but many require similar materials. Most of the time, you will need to provide a hardship letter that details the circumstances surrounding the short sale and talks about your decision and plan of action. Next, you need a signed, valid purchase and sales contract, an HUD-1 settlement statement and an estimation of proceeds to the bank or lender. Some lenders will require much more information, possibly pay stubs, bank statements, budget assessments, etc. Ask your lender what type of materials they require and be sure to follow their directions properly so as to get your short sale approved.

What else do I need to know about Phoenix Short sales?

While you, as the seller, will likely not make a profit on a Phoenix short sale, you will be relieved of the mortgage payment and financial burden. A short sale is much better than allowing your home to go into foreclosure because it does not wreck your credit or prevent you from making purchases in the future.
It’s also important to know that most lenders would not even consider approving a short sale if the homeowner is in the middle of a bankruptcy proceeding. Negotiating a Phoenix short sale between the two parties is prohibited in bankruptcy and is considered a “collection activity.”
One last thing to note is that most lenders are going to require a full appraisal of the home in the short sale package. Some may not want the full appraisal information, but all will need to know a value of the home in order to carry out the process and make the final decision.

THIS CIRCUMSTANCE CAN BE TOUGH, BUT IF YOU FIND THE RIGHT PHOENIX SHORT SALE PROFESSIONAL TO HELP YOU THROUGH IT, IT CAN BE DONE. AND WHAT A RELIEF TO KNOW THAT YOU ARE FREE FROM YOUR BANK AND YOUR MORTGAGE PAYMENT AND YOU HAVE A CLEAN SLATE FOR THE TIME BEING!


The Legitimacy of a Phoenix Short Sale

If you find yourself in a tough situation where you are unable to handle your mortgage payments, but will do almost anything to avoid the damaging effects of foreclosure, you may be looking for a viable option. If you don’t have much experience in the real estate industry, however, you might now know your option. Luckily, there is a viable choice for you to make called a Phoenix short sale.
If you heard that you could get out of your mortgage payments, sell your home for less than what you owe the lender, and continue to live in your home rent-free while the whole process takes place, you might think the whole thing sounds a little sketchy. However, that is not the case with Phoenix short sales. These types of home sales are agreed upon by your bank or lender and talked through with your real estate agent. Papers are signed, decisions are made, and the whole process is legitimate. Short sales are not a questionable practice, nor are they something new. In fact, they have become a necessity in today’s softening real estate market.

Phoenix Short Sales as an Alternative to Foreclosure

Like stated previously, a Phoenix short sale is a legal and more beneficial transaction than a foreclosure. Short sales don’t ruin your credit or diminish your buying power--they are simply that light at the end of the tunnel and a way to relieve some of your financial burdens. Lenders are usually on board with short sales too because they are much cheaper than the fees incorporated with foreclosure (closing costs, putting the home up for sale, etc.)

BASICALLY, PHOENIX SHORT SALES ARE A WIN-WIN SITUATION FOR ALL INVOLVED. YOU GET TO STAY IN YOUR HOME THROUGHOUT THE PROCESS (USUALLY ABOUT FOUR MONTHS), THE BANK IS RELIEVED OF THE BURDEN OF HAVING TO SELL YOUR HOME, AND THE BUYER OF YOUR HOME PROBABLY SCORED A GREAT DEAL. IF YOU THINK A PHOENIX SHORT SALE MIGHT A SUITABLE FIT FOR YOU, FIND YOURSELF A REAL ESTATE AGENT AND GET THE PROCESS STARTED TODAY!


Why would a bank consider approving a Phoenix Short Sale?

Simply put, a Phoenix short sale is the process of selling your home for less than you owe the lender. For example, if you owe $200,000 on your home the the market value of your home is $150,000, a short sale agent might list the property for sale and receive an offer of $150,000. Ultimately, the bank is “shorted” about $50,000 in the deal, but that is not all bad for them.
In this process, the bank or lender will forgive that debt and allow you to live rent-free in the home until the Phoenix short sale is processed. Why on earth would a bank allow this, you ask? Read on to find out.

Phoenix Short Sales benefiting the lender

Many times, it seems that only the homeowner benefits from a short sale because they are forgiven some of their debt. However, this is not always the case. The bottom line is that, for a bank, a short sale on your part is much cheaper than a foreclosure on their part. A typical foreclosure will cost a bank at least $15,000, often up to $30,000. The fees incurred during a foreclosure include legal fees, maintenance costs, utilities, real estate fees, etc.
Another thing to consider is that banks are not in the real estate business. Yes, they want to lend you money for your home, but that does not make them experts on buying and selling real estate. So, another benefit for the bank of a Phoenix short sale is that the home has already been purchased and now they have one less home in their inventory. 

PHOENIX SHORT SALE COULD BE A VIABLE OPTION FOR YOU AND YOUR FAMILY IF YOU ARE FACING LEGITIMATE FINANCIAL HARDSHIPS. TO GET STARTED ON THE PROCESS, DO SOME RESEARCH ABOUT REAL ESTATE AGENTS WHO SPECIALIZE IN SHORT SALES. AFTER SPEAKING WITH A SPECIALIST, MAKE SURE YOU GATHER ALL OF THE NECESSARY FINANCIAL DOCUMENTS AND SPEAK TO YOUR LENDER ABOUT THE PROCESS.

What is a Phoenix Short Sale and how do I get started?

Is keeping up with your home mortgage starting to seem like an impossible feat? If the time comes when you feel like there is no end in sight with debt and no possible way to make ends meet, it might be time to consider a Phoenix short saleWhile Phoenix short sales may not be for everyone, they are certainly a viable option for those in a financial situation they cannot keep up with.
You are probably wondering what exactly a Phoenix short sale is. Basically, it is the process of selling your property for less than what you currently owe the lender. That way, you get out of your mortgage payments without the devastation of a foreclosure on your home and the detriment to your future buying power.

Where do I begin with a Phoenix Short Sale?

Getting started on a Phoenix short sale is easy. That is, if the proper steps are taken. First, know that there are over 70,000 licensed real estate agents in the Phoenix metropolitan area, but only about 1% of them specialize in short sales. While searching for that 1% can be tough, short sale agents are relatively easy to find.
Before finding the perfect agent for you, you need to see if you are qualified to do a short sale. Ultimately, you need to prove to your bank that you have a legitimate financial hardship that will encourage them to work with you. That doesn’t mean you give them a sob story about your circumstance, but rather show them that you are committed and willing to take the proper course of action for your home.
Then you find an agent and a buyer. Do your research! Find the right agent for you by spending some time on the internet, asking friends and family members, and investigating different realtors. If your bank has already scheduled a foreclosure auction date, there may still be time to for a buy to make offer to them. Many lenders are willing to postpone a foreclosure auction date if you can present them with accurate financial information and an offer for a short sale.

NOW THAT YOU KNOW WHAT A PHOENIX SHORT SALE IS AND A LITTLE BIT ABOUT HOW IT WORKS, YOU CAN BEGIN THE PROCESS IF YOU FEEL IT IS RIGHT FOR YOU.

The Effects of Arizona Short Sale on You

If you find yourself in a situation where you are unable to make your mortgage payments and are nearing foreclosure, it may be time to consider an Arizona short saleWhile no one wants to be in this situation--it may seem like a losing battle--there are options available. An Arizona short sale could provide you with the opportunity to live in your home rent-free while the application and short sale process takes place. This is an optimum time to catch up on any other outstanding debts.

Will an Arizona Short Sale hurt my credit?

A question many people ask when entering an Arizona short sale is how it will affect their credit. Ultimately, it is important to remember that a short sale is better than foreclosure. After all, foreclosure is the most damaging to your credit status--even worse than bankruptcy! So basically, anything above foreclosure is a step in the right direction.
Like mentioned before, a short sale allows you to miss your mortgage payments for a period of time. Ultimately, this will show up on your credit, but will often show up with a reading such as “paid not as agreed.” This is still better than foreclosure which destroys your credit, sometimes to a point beyond recovery.
If you avoid foreclosure by choosing to go forward with an Arizona short saleyou will still maintain the similar buying power you had before. You should be able to be approved for car loans, credit cards, store cards, and consumer goods not long after your Arizona short saleBelieve it or not, you might even be able to purchase another home in as little as two years.
Ultimately, future creditors may look at this mishap with a forgiving eye. They will likely realize that you were doing the right thing in spite of experiencing a legitimate hardship.

BEFORE MAKING ANY DECISIONS ABOUT SHORT SALES, SPEAK WITH A REALTOR THAT SPECIALIZES IN SHORT SALES AND CAN WALK YOU THROUGH ALL OF YOUR OPTIONS. THEY CAN HELP YOU SEE THE RIGHT DIRECTION FOR YOU AND ALSO HELP YOU TAKE THE STEPS TO GET BACK ON TRACK.

What is an Arizona Short Sale?

Is your home mortgage getting you down? If the time comes when you feel like there is no end in sight and no possible way to make ends meet, it might be time to consider an Arizona short sale. While Arizona short sales may not be for everyone, they are certainly a viable option for those in a struggling circumstance.
What is an Arizona short sale, you ask? Basically, it is the process of selling your property for less than what you owe the lender on it. That way, you get out of your mortgage payments without the devastation of a foreclosure on your home. This process has become popular among homeowners who do not wish to foreclose their home and want to be able to live in their house until other arrangements have been made. During this process, homeowner live rent-free in their homes until the short sale goes through.
While your credit score may not be the best of the best, it is important to maintain it during this process. Bad credit can be damaging to your future buying power. An Arizona short sale can prevent the damaging effects of foreclosure by not allowing it to drop so drastically.

When is the Time Right to Consider an Arizona Short Sale?

Like stated before, if you are close to foreclosure with little chance of recovery, it may be time to consider an Arizona short sale. Reasons for failure to repay a mortgage are varied, however, there are a few recurring situations that people experience, leaving them with Arizona short sale as their only option. These reasons include: death, overextended credit, changing interest rates, divorce, significant medical bills, and job loss.

The most important factor in Arizona short sales is communication. Homeowners need to communicate when they being missing payments instead of avoiding them like the plague. If your lender is willing to renegotiate the previously agreed-upon payment plan, that may be a better option. However, when it comes down to foreclosure or short sale, an Arizona short sale is probably the way to go.


Considering an Arizona Short Sale?

A short sale is the process of selling your home for an amount less than you owe the lender. Short sales take place usually because the home being sold is just about to undergo foreclosure. Through the process of a short sale, a homeowner is able to get out from underneath a hefty mortgage while avoiding the devastation of foreclosure. While the Arizona short sale application process is taking place, homeowners can continue to live in their home rent-free. This process can sometimes be quite lengthy--averaging, around 4 months. However, there are a few things to consider before undergoing an Arizona short sale.

Things to Consider during an Arizona Short Sale

First and foremost, if you are severely behind on your mortgage payments you need to make sure a foreclosure auctions hasn’t already been scheduled. Check with your lender, state tax records, or a specialized real estate agency to see if this has been done.
If a foreclosure is not already in process, then you need to act quickly. Begin gathering your financial documents. You do not want to delay the process any longer than necessary, and unorganized paperwork can sometimes be just the catalyst for that. Begin this by gathering your most recent tax returns, bank statements, pay stubs, etc. These documents will help you greatly in the event of an Arizona short sale.
Lastly, talk to a licensed real estate agent in your area. There are over 70,000 real estate agents in the Phoenix metropolitan area, but less than 1% specialize in short sales. It would be best to speak with a short sale specialist about your Arizona short sale because they have the most training and expertise in this area. The sooner you start the process of applying for a short sale, the more likely you are to avoid foreclosure. 

DO NOT LET YOUR FUTURE BUYING POWER BE DIMINISHED BY A HOME FORECLOSURE. GET YOUR FEET BACK UNDERNEATH YOU BY TAKING ADVANTAGE OF THE BENEFITS OF AN ARIZONA SHORT SALEIT MAY BE THE ONLY OPTION YOU HAVE AT THIS POINT.

Phoenix Short Sale can be a solution to all of those who are having mortgage problems.

With many families around the United States struggling to keep up with their mortgage payments in this troubled economy, financial crisis is at an all time high. We all know that foreclosing one’s house is not only damaging to their well-being, but it will live with them forever and will affect their ability to attain credit in the future. Before debt threatens all that you’ve worked for, you may want to consider applying for a Phoenix short sale.
That’s right! They specialize in setting up those in need of help with short sale properties. A Phoenix short sale can assist you with salvaging your credit score, exit from under an oppressive mortgage, help you attain government homeowner assistance programs, and sell your home short. Consultants are ready and willing to assist you with this new and unique way of selling or buying a home.

Phoenix short sale professionals are ready.

An experienced professional understands the market and delicacies that exist in the industry. They will assist you with every step of the process. A Phoenix short sale can get a little tricky at times. This type of deal needs to be agreed upon by all the parties involved which include the seller, buyer, and the lender. Through short sales, all parties benefit.
Even though there are over 70,000 real estate agents in the local Phoenix market less than 1% can be considered Arizona Short Sale Experts.  Arizona short sales are our expertise and we have made it a point over the past few years to learn everything we can about the process, create relationships with the banks, and streamline our system to better benefit our clients. Their team of professionals can assure you that if you are struggling with making your mortgage payments and are feeling the pressures of filing for bankruptcy, then with their help they will help you find an escape route to escape those types of problems of filing for bankruptcy.

ARE YOU READY FOR A PHOENIX SHORT SALE?


Arizona Short Sale : An Option for Difficult Financial Circumstances

Is your home mortgage getting you down? If the time comes when you feel like there is no end in sight and no possible way to make ends meet, it might be time to consider an Arizona short saleWhile Arizona short sale may not be for everyone, they are certainly a viable option for those in a struggling circumstance.
What is an Arizona short sale, you ask? Basically, it is the process of selling your property for less than what you owe the lender on it. That way, you get out of your mortgage payments without the devastation of a foreclosure on your home. This process has become popular among homeowners who do not wish to foreclose their home and want to be able to live in their house until other arrangements have been made.
While your credit score may not be the best of the best, it is important to maintain it during this process. Bad credit can be damaging to your future buying power. An Arizona short sale can prevent the damaging effects of foreclosure by not allowing it to drop so drastically.

Obtaining an Arizona short sale.

When you decide to go with an Arizona short saleyou first need to meet with a consultant. This consultant can be your only ally in a time of financial turmoil for you, so it is best to be open and honest about your circumstances. After you have consulted with a short sale rep, the application process can be, unfortunately, quite lengthy. It can take up to 4 months to process.
Before you get too depressed about the four month wait, consider the benefits of living mortgage-free during that time. This will give you an opportunity to save some money, make future living plans, and get back on your feet. This would also be a prime time to pay off any other outstanding debts you may be facing. Ultimately, you need to use this time wisely because once it is up, you will be out looking for a new place to pay rent on.
Once the application is approved, you can move on with your life and make a fresh, new start. This strategy can help those homeowners who don’t realize until it’s too late that they are unable to make the payments and are then feeling the pressures of foreclosure.

OBVIOUSLY, THE IDEAL SITUATION WOULD BE TO STAY IN YOUR HOME; BUT, WHEN THAT IS NO LONGER AN OPTION PERHAPS IT IS TIME TO CONSIDER AN ARIZONA SHORT SALEDON’T LET FORECLOSURE SHATTER YOUR DREAMS! UTILIZE ARIZONA SHORT SALE SERVICES AND GET A CLEAN SLATE NOW.

Arizona short sale can be a source for help.

Are you struggling with trying to keep up with your mortgage payments? Have you experienced any financial setbacks that may affect you from making your mortgage payments? If you have answered yes to any of the questions above, then you may want to consider consulting with a representative about how you can qualify for an Arizona short sale! An Arizona short sale is the process of selling your property for an amount less than what you owe the lender. This is has been a popular, creative way for homeowners who are trying to avoid foreclosing their home.
It is very important to keep your credit score respectable so that lenders will trust to lend you money for whatever needs you have in the future. With the economy as bad as it is today, it is imperative to have a good credit score. A bad credit reading could be very damaging to your future buying power. An Arizona short sale can help significantly help your credit score from falling too much if you had to foreclose. An Arizona short sale can prevent you from foreclosing in the first place.

How an Arizona short sale will work.

The first step to attaining an Arizona short sale is to schedule a time to meet with one of the consultants. Once you have consulted with one of their representatives, the application process may take up to 4 months. The time you have to wait may take a long time, however, the great thing about this is that you will be able to live mortgage free during this time! If you have any bad debts that need paid off, then this would be the absolute perfect time to do so. Or you want to save up for a few months to pay the next rental that would be a good time.
Once the Arizona short sale is completed, you can then breathe in a sigh of relief and move on with your life. This method provides homeowners a healthy exit strategy if he or she is feeling the pressures of entering foreclosure.

THE CONSULTANTS FOR ARIZONA SHORT SALE ARE HERE TO HELP YOU AND THEY UNDERSTAND THE DIFFICULTIES AND TRIALS ONE CAN FACE WHILE TRYING TO LIVE THE AMERICAN DREAM. DON’T LET FORECLOSURE SHATTER THOSE DREAMS! CALL NOW!


Arizona short sales--definition.

You might be wondering what  Arizona short sales are. Let me enlighten you with this basic definition. It is the process of selling your property for an amount less than what is owed to the lender. This can be done only by the consent of your lender. Often times, lenders will approveArizona short sales because in order to complete a foreclosure and take property back, the lender has to incur expenses such as attorney fees, court fees, and the lack of income from your monthly payments.
Arizona short sales are less expensive than the typical process of a foreclosure. This way, the lender will cut costs and eventually save more money at the end. The process of foreclosing a home or piece of property could take up to 4 months to complete which could take up a lot of your valuable time.

Why Arizona short sales

The primary reason this process is used is to prevent foreclosure. An Arizona homeowner can qualify for an Arizona short sale when their property is worth less than their outstanding debt, if he or she is going through financial hardships, or if they are falling behind on their payments. If you feel like you need some help, don’t hesitate to see your nearest representative today!
There are many benefits that one can inherit from Arizona short sales, and they are the following: no costs to you nor the seller, you can stay in your home through closing, reduced tax liability, you can salvage your credit, and the lender may forgive outstanding loan deficiency.

ULTIMATELY, IT IS BETTER TO TAKE THE ROUTE OF PURCHASING ARIZONA SHORT SALES THAN IT IS TO HAVE TO FORECLOSE YOUR HOME.

Phoenix Short Sales: A Solution for the Struggling Homeowner

No one wants to get an envelope containing a letter with the word “Foreclosure” written inside. Unfortunately, this is a reality for thousands upon thousands of American families in this struggling economy. However, foreclosures do not often come as a surprise to homeowners—most people can anticipate the dreaded date based on their current financial situation.
But, foreclosure does not have to become your reality. Even though financial crises are at an all-time high, you can keep your head above water by applying for a Phoenix short saleShort sales are the process of selling your home for less than you owe the lender and are a good way to avoid foreclosure. They can also save your credit score so that your buying power is not completely diminished after the sale. And the best part? With a Phoenix short saleyou can continue living payment-free in your home until the home sells and the application is processed. This can sometimes take up to four months, giving you plenty of time to pay off other outstanding debts and get back on your feet with a clean slate.

PHOENIX SHORT SALE PROFESSIONALS UNDERSTAND.

Experienced short sale consultants understand the factors that lead up to these tough financial situations. In fact, they have dealt with so many unique cases that they have come to know the ins and outs of the real estate industry.
These Phoenix short sale consultants are there for you throughout every step of the process. From the first consultation, to filling out the paperwork, to a formal agreement between the seller, buyer, and lender, your consultant will not let you down. Through Phoenix short sales, everyone has a way of reaping the benefit.
There are an astounding 70,000 real estate agents in the local Phoenix market. While this number can seem overwhelming, rest assured knowing that less than 1% are actual short sale experts. These agencies have teams of professional standing by to answer your Phoenix short sale questions and aid you in the process toward financial freedom. It can be a heartbreaking reality to face to give up your own on short notice, but this path can lead to financial freedom without diminishing credit or buying power.

Arizona short sales: Providing solutions for the difficult times

When your home is close to foreclosure, you find yourself between a rock and a hard spot. There are no easy solutions to these types of tough financial situations. In fact, there are few things more disheartening for an American family than to have their home foreclosed. What most Americans in this situation do not know is that there is a way to avoid this situation without winning a multi-million dollar lottery. The solution? An Arizona short sale.

Why consider an Arizona short sale?

In the simplest terms, a short sale is better than a foreclosure. It does not hurt your credit as badly and does not diminish your future buying power. But let’s take a closer look at the basics of an Arizona short sale.
An Arizona short sale is the process of selling your home or property for an amount less than what you owe the lender. The short sale must be agreed upon by the owner, buyer, and lender before the process in complete. It is important to maintain your credit throughout this process so that the lender and buyer know that you are trustworthy and reliable.
The first step to take in a short sale is to schedule a time to meet with a professional in the business. These professionals can help you through the application process, which can take up to four months. While the length of the process can seem daunting, you can still live in your house mortgage-free during this time. This is an optimum time to pay off any other outstanding debts and gives you a chance to get back on your feet. Take this rent-free period as a time to get your finances in order so that you do not have to face this reality again in the future.
When the Arizona short sale is complete, you can breathe easy knowing that some of your financial burdens have been lifted. If you are feeling the heat of foreclosure, it could be time to look into this creative financial option.

Phoenix Short Sales: An Alternative to Foreclosure

You hold your breath every time the mailman stops in front of your house. You dread seeing the envelopes he pulls from his bag and hold your breath while taking the agonizing walk to the mailbox. “Today could be the day,” you think to yourself. “Today, my dream could be shattered.” You knew it was coming, but there wasn’t much you could do about it.
Today could be the day when you receive your foreclosure notice.
Sound familiar? Don’t let this day come. Consider a Phoenix short sale before allowing your home to be foreclosed.

What is a Phoenix Short Sale?

Phoenix short sale is the process of selling your home for less than you owe the lender. This decision must be agreed upon by the buyer, lender, and current homeowner. A Phoenix short sale is a more viable alternative to foreclosure because it does not completely destroy your credit, nor does it prevent you from ever owning a home again. The best part about a Phoenix short sale is that you can continue living in your home payment-free until the sale is complete. During this time, struggling homeowners have a chance to catch up on their finances and relieve some of the debts and burdens that may be weighing them down. The complete application process can take up to four months—plenty of time to get back on your feet and prepare for a clean slate.
Experienced short sale consultants understand the factors that lead up to these tough financial situations. They know that poor credit, other financial obligations, and unexpected expenses can prevent you from affording a house you thought you initially could. These consultants have come to understand the delicate ins and outs of the real estate industry and are standing by to help you relieve your burden. From filling out paperwork to finding a buyer, Phoenix short sale consultants are there for you throughout every step of the process. Remember before your commit to a short sale consultant, that less than 1% of the 70,000 real estate agents in the local Phoenix area are specialized in the short sale market.
Everyone can reap the benefits of a Phoenix short sale.

Phoenix Short Sales provides a solution for financial problems.

In this troubled economy, more and more people are filing for bankruptcy in large part due to the struggling economy. Many homeowners are struggling to keep up with their mortgage payments month after month. For those who have to foreclose their house and file for bankruptcy unfortunately receive a terrible mark on their credit history. That’s where a short sale comes in. A Phoenix short sale can provide a solution for you that will help you relief some stress so you can move on with life.
By applying for a Phoenix short saleyou can be assured that your credit score will be salvaged, you will be given an opportunity to find an escape route from your debt, help you attain government homeowner assistance programs, and sell your home for market value. By taking this route, you can avoid the hassle and embarrassment of having to file for bankruptcy which could put you in a deep hole. Professionals are awaiting your call as we speak and are willing to help you solve your financial troubles.

Phoenix short sale professionals are ready when you need them.

Phoenix short sale is a new, yet creative way these days to sell or buy a piece of property or a home. Our experienced professionals contain a deep understanding of the housing market and they know all the dos and don’ts so they can provide you the best service around. They will be there for you during every step of the process and they won’t quit until you are satisfied. The seller, buyer, and the lender need to be able to agree upon the alleged deal, so a short sale can be tricky at times.
Our Phoenix short sales team are very unique. Unique enough that it sets them apart from the 70,000 real estate agents in the local Phoenix market. We are what you would call experts in what we do. Phoenix short sales have benefited many people already and we try to learn everything we can about the process. We help our clients out by seeing that we develop strong relationships with them and their lenders, and we streamline our system to better benefit our clients. Their team of professionals can assure you that if you are struggling with making your mortgage payments and are feeling the pressures of filing for bankruptcy, then with their help they will help you find an escape route to escape those types of problems of filing for bankruptcy. We challenge you to call one of our professionals today, and we will get you started back on track as soon as possible.

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