| | | | | credit completely destroyed, which can be |
| | | | | devastating for some people. When your credit |
| Whether you live in Phoenix, Scottsdale, Mesa or | | | | is demolished, you are looking at about 7 years of |
| Glendale, you may find that you just cannot | | | | not being able to purchase anything on credit |
| afford your mortgage any longer. In fact, you | | | | – even another home. |
| may owe more on your home than what it is | | | | |
| worth, and it seems you are getting farther and | | | | A short sale will affect your credit rating |
| farther behind. A short sale is a viable option for | | | | somewhat, but not like foreclosure does. You will |
| those who see no way out of their dilemma, and | | | | likely be able to purchase another home in two |
| fear they are facing foreclosure. An experienced | | | | years or less. Why do you need an Arizona |
| Arizona realtor can help you understand the | | | | realtor if you decide to go this route? They will |
| process, and also assist you in all negotiations | | | | help you negotiate with your lender, and also help |
| should you decide the short sale route is right for | | | | you find a buyer for your home. Your lender |
| you. | | | | must approve the offer of the buyer; a good |
| | | | | agent can make sure that the price the buyer is |
| Are you already months behind in your mortgage | | | | offering is in the ball park, so that you do not |
| payments? Foreclosure may be just a few | | | | waste time. |
| weeks away, and is something you really want to | | | | |
| avoid. While you may hear bad things about a | | | | As long as you can prove good reason for why |
| short sale, most of that is due to the fact that it | | | | you can no longer pay your mortgage and your |
| can be a lengthy process – but if you have a | | | | lender agrees, a short sale may be just the |
| reputable real estate agent, it can be much | | | | solution to your problem. Lenders would rather |
| simpler and accomplished in far less time. | | | | have some money on your home, because they |
| | | | | are not in the business of owning vacant |
| One thing many people find attractive about the | | | | properties. If you live in Phoenix, Scottsdale, |
| short sale is that they can honestly tell friends | | | | Glendale, Mesa or surrounding areas and need to |
| and family they sold their home and avoid | | | | consult with a professional, contact an |
| embarrassment often associated with | | | | experienced, Certified Arizona short sale realtor |
| foreclosure. You can also avoid having your | | | | today. |