Arizona Short Sale Help
Are you facing Foreclosure and wondering if a Short Sale can help you?
There are many reasons why a Short Sale can be more beneficial for you than a Foreclosure. If a homeowner owes more on their property than it is currently worth then they can hire a qualified real estate agent to market and sell their property through the negotiation of a short sale with their lender. This typically requires the property to be on the market and the homeowner must have a financial hardship to qualify. Hardship can be simply defined as a material change in the financial stability of the homeowner between the date of home purchase and the date of the short sale negotiation. Acceptable hardships include but are not limited to: payment increase, job loss, divorce, excessive debt, forced or unplanned relocation and more.
For Realtors to help their Clients understand HAMP/HAFA
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HAMP/HAFA New Rules
Short Sale Shortcuts
foreclosure vs. shortsale
7 short sale pitfalls
7 most dangerous short sale myths
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