Arizona Short Sale Help

When should I hire your team to start the Short Sale process?

When should I hire your team to start the Short Sale process? We recommend everyone discuss their options with us the minute their situation turns grey, becomes emotional or creates uncertainty. Don’t wait until your lender serves you with a Notice of Default or go delinquent to consult with our team. We can help you [...]

How long does my lender take to foreclose after I miss my first payment?

How long does my lender take to foreclose after I miss my first payment? Generally speaking in the state of Arizona, most lenders file notice of defaults within 90 days of missing your first payment. We have seen lenders not file for over a year and some as little as 30 days. Since we don’t [...]

Can I be sued by my lender?

Can I be sued by my lender? State statues in Arizona are ambiguous and have not been tested in court. Although deficiency liabilities, which could result in lawsuits, happen in some cases. We recommend all our clients consult with a Real Estate Attorney. We can send you a few choices, just let us know. Attorneys [...]

What is the success rate for a Short Sale?

What is the success rate for a Short Sale? The market average is less than 30%… At our office, we close them at a rate better than 60%.

Why do banks agree to complete the Short Sale?

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 [...]