Harvey & Julia Keene
THE KEENE TEAM *Licensed AZ Realtors Meeting Your Real Estate Needs With Integrity.

 

 

Do you want to sell but owe too much on your home?

 

  • Are you one of the hundreds of thousands of homeowners in Arizona who bought their home at the top of the market and put little to no money down and now you owe more than your home is worth?
  • Have you experienced a large payment increase because of an Adjustable Rate Mortgage and are having trouble making payments or are facing Foreclosure? 
  • Are you in a position where you want or need to sell but you can’t because you don’t have the money to bring to closing just to sell your house? 

 

If so you are definitely not alone, in fact there are millions of homeowners across America who currently face these same dilemmas.

The GREAT news is that you may qualify for a Short Sale with your lender.  What is a Short Sale?  A Short Sale is where a lender agrees to take a loss on behalf of their Borrower in order for the Borrower to sell their home.  Why would the lender do this?  It’s simple really.  It is no big secret that we are in a declining Real Estate market and home values are dropping rapidly and the Banks are very well aware of this.  In many cases, the Lender would rather take a small loss now on a short sale than take a large loss in the future on a foreclosure (even if the borrower is not currently delinquent).

Most lenders prefer short sales because foreclosures cost them time and anywhere from $30,000 to $50,000 per house in legal, appraisal, marketing and servings fees. A short sale gets a home off their books and typically costs a lender less than a foreclosure.

If you are a Homeowner in Phoenix, Avondale, Goodyear, Litchfield Park, Buckeye, Peoria, Glendale, Waddell, Surprise, Tolleson, El Mirage or Laveen and could benefit from a Short Sale, please complete the form below for a No BS Short Sale Analysis.  We will reply promptly and supply you with all the information you need.


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