Short Sales And Foreclosure In Our State
Hello and welcome. Thanks for logging on at the moment. we have something that we would like to communicate with you. Kevin and Fred run a company called Group 46:10. We have closed more than 300 short sale transactions over the previous few years. That means we have had the privilege of working with lots of homeowners that are in a complicated situation. However, we have been able to successfully keep their property from going to foreclosure.
One of the questions that we hear often is about when the homeowner ought to initiate a short sale. We also see a trend that homeowners do not want to ask for assistance or chat about their situation. It is not something that people like to reveal. We want you to remember that your credit doesn’t define you and your circumstances don’t define you.
One of the remarkable details that we heard a short time ago from one of the major banks is that the typical number of days that a borrower is delinquent prior to foreclosure is 448 days. This means that banks aren’t foreclosing on properties, on average, for longer than 15 months. With numerous states that employ a judicial foreclosure process, the foreclosure takes a minimum of 365 days. We bring this up to you today because we want you to take action sooner rather than later.
There is no pressure to do everything right now. Nonetheless, you are going to have to do something regarding your circumstances. It is always better if you talk to experts like us. The options available to help you are decreased the longer you wait. The quicker you can start dealing with the problem, the sooner you can get your funds back in order.
Please fill out a form today on our blog. We look forward to talking with you shortly. Have a terrific day!
Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona
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