| For many reasons, people find themselves falling | | | | your house payments. Maybe you are so |
| farther and farther behind on their mortgage. | | | | stressed out that you don't realize the negative |
| Many have not even heard of the short sale | | | | impact that this action will place on your future. |
| process, which may keep them out of | | | | An experienced Arizona Realtor can act as the |
| foreclosure and help salvage their credit from | | | | deal-maker between you, your lender and a |
| complete ruin. A reputable Phoenix Realtor can | | | | possible buyer for your home. |
| explain the process, and help you with the | | | | While the short sale does affect you credit score, |
| negotiations should you decide to go that route. | | | | it is not nearly as bad as having foreclosure on |
| This is one way that you may avoid foreclosure | | | | your credit report for the next five to seven |
| and the repercussions that often go hand-in-hand | | | | years. You can buy another home sooner, usually |
| with it. | | | | within 24 months or less. You can also truthfully |
| There are many things that may have caused | | | | say that you sold your home, and avoid the |
| you to become under water in your mortgage. | | | | curiosity and questions from friends and family. |
| You may have gotten divorced; you or your | | | | To put it simply, you need to get out of your |
| spouse may have lost a job. Unexpected things | | | | home and your lender doesn't want it. You both |
| happen in life, and often have devastating | | | | want a situation with a happy ending. In Phoenix, a |
| consequences. Now, you face losing your home | | | | short sale means that you can get out from |
| and possibly foreclosure. The truth is, a short sale | | | | under those huge mortgage payments, your |
| may save you from the stigma and ruining your | | | | lender takes a discounted pay-off to avoid the |
| credit. You can rest assured the lender doesn't | | | | foreclosure process and saves money, and a |
| want your empty home, and most will work with | | | | buyer can step into a home that cost them less |
| you in the short sale process. | | | | than market value. It's a winning situation for all |
| This is often where a Phoenix real estate agent | | | | involved! |
| comes in. Many Realtors know very little about | | | | Before you determine that there is nothing that |
| this process. When you consider a short sale, you | | | | can help your situation, contact a reputable |
| want a professional on your side with in-depth | | | | Phoenix real estate agent to discuss the short |
| knowledge of how the process works. You feel | | | | sale option. It may be the solution you need to |
| that you are in an impossible situation. You want | | | | get out of financial trouble and start a fresh new |
| to avoid foreclosure, but you can no longer afford | | | | path! |