There are thousands of homes "under water" in Arizona.
In fact, more than 50% of homes are "under water" in Arizona - in other words - the homes are worth less than the mortgage balance(s) - so it's not surprising that many homeowners are looking for solutions to stop foreclosure.
One solution to stop foreclosure and mitigate damage to a homeowner's credit is a Short Sale.
Short Sales are "regular resales" with one big difference.
Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).
While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders prefer to stop foreclosure in favor of processing a Short Sale where the Seller is able to procure a Fair Market Value contract for their home.
After all, why foreclose on a home in Peoria when the net result will be less money than processing and approving a Short Sale in Peoria?
To find out how you can Short Sale your Peoria home contact us for a FREE CONFIDENTIAL Short Sale consultation with an experienced and qualified Peoria Short Sale Listing Agent.
The consultation will include a comprehensive description of the Short Sale process, and information to help you determine whether pursuing a Short Sale is the best course of action.
If you or someone you know is considering a Short Sale, we invite you to contact us to schedule a free, confidential, no obligation Short Sale consultation today!
Listen to what some of our dozens of happy Short Sale Sellers have to say about the Short Sale Process and Haven Express!
For more information and access to our "Homeowner Toolbox" visit www.AvoidForeclosureInPhoenix.com
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