Tony and Suzanne Marriott's Phoenix Arizona Real Estate Blog

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Considering a Short Sale in Mesa?

 

Many people are considering a Short Sale of their home in Mesa Arizona.  Considering that more than 50% of homes are "under water" in Arizona - in other words - the homes are worth less than the loan balances owed - it's not surprising that homeowners are looking for solutions to avoid foreclosure in Mesa.

A Short Sale is once such solution.

If you are in the minority - that your home is worth more than you owe on it - then you need read no further.

By definition a Short Sale is a regular resale with one distinct and significant difference.  The agreement of your lender(s) to accept less than the balance owed on the loan(s).

Whether or not you meet the other "requirements" of your lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional.

There should be no upfront charge for an initial consultation - whether with a Mesa Short Sale Listing Agent or an attorney qualified and experienced in Mesa Short Sales.

At the end of the consultation you should have learned what the Short Sale process is, and should receive a significant amount of information to assist you in making a careful, informed decision.

Short Sales are not something to rush blindly into - they require commitment from the Sellers to see it through, and hinge on the Mesa Short Sale Listing Agent's skill set in

 

  • securing a fair market value contract for the property
  • presenting the Short Sale package to the Sellers Lender(s) for approval
  • and knowing how and when to escalate to senior executives at Bank of America, Chase, Citi, Wells Fargo and other Short Sale lien holders.

 

If you are considering a Short Sale in the Mesa Arizona metropolitan area, you are welcome to contact us to schedule your free, confidential, no obligation consultation.

For more information and access to our "Homeowner Toolbox" visit www.AvoidForeclosureInPhoenix.com 

 

About the Authors - Updated 2018

If you are considering a Traditional or Short Sale of your home in Phoenix, Scottsdale or any location in Maricopa County Arizona, you owe it to yourself to talk with the BVO Luxury Group @ Keller Williams Arizona Realty to determine whether Tony and Suzanne Marriott are the best real estate Brokers in the Phoenix and Scottsdale metropolitan area to help you with the Successful Sale of your home.

Tony and Suzanne have personally Listed, Sold and Closed more than a hundred Short Sales with the highest list to close rate in the Phoenix Metro Area!

Tony Marriott - Chief Operating Officer - BVO Luxury Group @ Keller Williams Arizona Realty

Suzanne Marriott - Chief Learning Officer - BVO Luxury Group @ Keller Williams Arizona Realty

Associate Brokers, REALTORS
BVO Luxury Group
Keller Williams Arizona Realty
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