Scheduled Sale Dates for Foreclosures
We’ve been getting a lot of questions recently on the subject of Foreclosure sale dates. One of the most common questions is based on how far off from a foreclosure sale date will you take a listing. Here are our feelings on this procedure.
There is actually no problem taking a residence that is only a few days from foreclosure sale. Foreclosure sale dates are negotiable. In spite of this, if the foreclosure sale date is fewer than 30 to 45 days away, we just prefer not to take that. When we are contacted less than 30 days from their sale date, it tells us a little about the seller. They have most likely been avoiding the inevitable. The state of emergency that several sellers like this are in creates a mindset that isn’t condusive to a victorious short sale.
We wish to empower the person that we are working for. So, they can feel that we are in charge of the situation.
On to foreclosures…
Within Arizona, the bank hires a third party group (referred to as the trustee or lawyer) to actually carry out the sale date. If you are looking to get a foreclosure sale date deferred, many times you just have to ask. The lender, as a matter of course, will often postpone the foreclosure sale date at least a few times. Here’s the big catch though. Do NOT believe what the bank employee says as far as a foreclosure sale date is. Always authenticate that date with the trustee. If the trustee does not have confirmation of the foreclosure sale date deferred, it will not be postponed.
http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.
Get powered up by Kevin and Fred at http://shortsalepowerhour.com/foreclosure-sale-dates-short-sale-power-hour-12-22-09/ title=”Foreclosure Sale Dates”>Short Sale Power Hour by the Short Sale Specialists of Arizona
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