Can I Accomplish A Short Sale Behind On Equity?
Can I short sale my house in the Phoenix market if my home is worth less than my mortgage balance? As a phoenix short sale specialist, I will compentely answer that inquiry. Remember, at all costs the bank does not desire to foreclose on the property. There are several diverse scenarios that we need to establish to the bank in order for a successful Phoenix Short Sale.
***does the consumer have evidence of hardship, the hardship may be produced by loss of pay, loss of occupation, annulment, job relocation etc…
****short sale vs foreclosure, the bank in most cases is going to want the home to sell as a short sale vs foreclosure.
****Is there a foreclosure date set. If there is a foreclosure date set bank may be a lot more eager to perform a short sale.
Please bear in mind, we have closed more than 100+ short sale properties. We have had clients who are suffering severe hardship additional clients have not been as severe. Bottom line is there is a much higher success rate on the short sale, than there is on a loan modification. As a phoenix short sale real estate agent, I will counsel you properly on what your smartest options can be.
Remember, at Short Sales Done Easy, we work hard to make your short sale process go smoothly. There is no better benefit to a succesful short sale than having a skilled real estate agent working on your behalf. Steve Horn is one of the most successful short sale agents in the Phoenix region. Contact him now to talk about the options that are available to you.
Get more help from short sale Realtor, Steve Horn, at Homes by the Horn presented by the Steve Horn Team, Short Sale Specialists of Arizona
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