Tony and Suzanne Marriott's Phoenix Arizona Real Estate Blog

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Don't Just Give Up - Consider a Short Sale in El Mirage

While the numbers of Short Sales and REOs in El Mirage are way down from the staggering levels following the market crash about 10 years ago, there are still some properties "under water" and some that have received a Notice of Default, the first step in the process that will result in the Trustee's Sale on the courthouse steps.

 

It's always sad to see people give up and walk away from a home, particularly when alternatives exist which may well be better for them and their lien holders.

 

We've learned that often those who "opt" to let the home go to foreclosure "by default" often believe that their personal circumstances prevent them from doing a Short Sale.  

 

Circumstances such as:

 

Multiple Home Loans

 

IRS Income Tax Liens

 

Past Due Child Support

 

Past Due HOA Fees

 

...and the list goes on.

 

In reality, all of the above can be and have been negotiated into successful Short Sales, eliminating not only a El Mirage foreclosure on one's credit record, but "curing" other distress into the bargain.

 

Having successfully closed more than 100 Short Sales over the years, the most recent one being in April 2017, and List to Close ratio in the high 90% range (we don't just "claim" this - we can prove it) we understand how to help distressed El Mirage homeowners evaluate their unique situation, and connect them for an inital free consultation with a qualified attorney to determine whether a Short Sale is worth pursuing in their case.

 

If it is, the outcome is far better for all concerned than allowing the home to go to foreclosure.

 

We encourage El Mirage homeowners who are headed for foreclosure to at least carve out 30 minutes of their time to explore what other options may be available to them - and there are several - that may not be as damaging to their credit and their future ability to purchase another home, whether in El Mirage or elsewhere.


A FREE confidential, no obligation consultation costs you nothing, we can meet with you in person at our office or your home, or connect via GoToMeeting online if you prefer.

We NEVER charge you a fee to list and process your Short Sale.

We provide the same FULL SERVICE listing to you that we provide to our "Traditional" Sale clients.

Contact us today to see if we can help!

 

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All images purchased and  licensed from Shutterstock , shared from YouTube, sourced from Vectortoons, or were taken by the author unless otherwise noted.

 

About the Authors - Updated 2017

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 Haven Express @ 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.

Listed, Sold and Closed more than a hundred Short Sales with the highest success rate in the Phoenix Metro Area!

HavenExpress.com

Tony and Suzanne Marriott

Associate Brokers, REALTORS
Keller Williams Arizona Realty
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