Tony and Suzanne Marriott's Phoenix Arizona Real Estate Blog

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How to Avoid Foreclosure in Verrado - Buckeye Arizona

With more than half of homes and homeowners "under water" in Arizona, you are one of thousands of people who are looking for information on how to avoid foreclosure in Buckeye.

The Short Sale Seller Advisory - a joint effort between ADRE - the Arizona Department of Real Estate - and AAR - the Arizona Association of REALTORS® - highlights a number of other options that should be explored before deciding to Short Sale your home.

Those options include:

Loan Workout

Forbearance

Loan Modification

Refinance

Deed in Lieu of Foreclosure

Work Out Sale

Bankruptcy

Foreclosure

That said, in almost every case where the homeowner either must sell, or has resigned themselves to losing the house to foreclosure, a Short Sale is the best option - even if you also plan to file Bankruptcy.  A Short Sale in conjunction with Bankruptcy is a more complicated Short Sale process than just doing a Short Sale alone, but it can be done, and we have personally helped Arizona Short Sale homeowners do just that.

Foreclosure should be the choice of last resort, letting the property go to Trustee Sale only after all other options to avoid foreclosure - including a Short Sale of your Buckeye home - have been exhausted.

To make an informed decision on how best you can avoid foreclosure in Verrado you need to do your Short Sale Sellers Homework - which includes a FREE No-Obligation Confidential Short Sale Consultation with one of our certified Short Sale specialists, and a discussion of the specifics of your situation with a qualified attorney and/or tax professional.

Our focus and dedication to each Short Sale Seller who chooses Haven Express @ Show Appeal Realty to help them with their Short Sale in Verrado is one of the reasons that our Short Sale List to Close ratio for the dozens of Short Sales we have completed is the highest in the Phoenix/Scottsdale metro area - bar none.  (Based on data from ARMLS - the Arizona Regional Multiple Listing Service).

We encourage you to ask any Short Sale agent you are interviewing for the job of Short Selling your home to provide you with their list to close ratio.  The average is just under 5 out of 10 - a 50/50 chance of foreclosure.

Our list to close ratio is over 90% and includes Short Sales of all degrees of difficulty - not just the "easy" ones.

Unfortunately you will encounter some claims of "closed hundreds" and 95% + closing ratio when doing your research on the web.  According to the data in ARMLS - those claims are untrue.

When selecting the best Short Sale Agent to help you with the Short Sale of your Verrado Home, it truly is a case of "Caveat Venditor" (latin for Seller Beware).  Typically you get one shot at avoiding foreclosure by doing a Verrado Short Sale.  Choose wisely!


 

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
How to Avoid Foreclosure in Verrado - Buckeye Arizona
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With more than half of homes and homeowners "under water" in Arizona, you are one of thousands of people who are looking for information on how to avoid foreclosure in Buckeye The Short Sale Seller Advisory - a joint effort… more
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