Arizona Short Sale Help

Why do banks agree to complete the Short Sale?
Banks never, ever… want to foreclose on your property. We could explain this, but it would take 65 pages and 9+ hrs… Banks lose on avg 28-36% more on a foreclosure VS. Short Sale.

Along with this, when a Short Sale is closed, here are a few benefits
1. Stimulates the economy with different parties being paid for services rendered.
2. Reduces potential tax liabilities for homeowners over foreclosure.
3. Most importantly, banks have regulations that limit the amount of money they can lend when the have nonperforming assets or a foreclosed home on their books. A Short Sale releases that and they can get back to lending!