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A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions.
A homeowner is 'short' when the amount owed on his/her property is higher than current market value.
A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.
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We specialize in short sales. There are other solutions than losing your home to foreclosure.Let us help you! Call or text me on my cell phone (602-723-0476) or e-mail (azbuyhomes@cox.net), we'll set-up a time to meet that is easy and convenient for you.
If you're not ready to meet in person, please tour my website. I'm sure you'll find the resources here useful and helpful.
-Dawn Craig Realtor®, ABR, CSSN, e-pro
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