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Your resource page for Short Sales in Arizona

When considering a short sale, whether as a buyer or a seller, it is important to work with an agent who can navigate the process effectively. 
 
Property owners who find themselves unable to continue making their current mortage payments or needing to sell and are overwhelmed by the negative equity in the property, may find a short sale advantageous.  Home owners may need to pursue a short sale over foreclosure or bankruptcy because of employment needs (security clearances) and impacts to credit scores or future home ownership plans.  There are many options for a distressed property owner and these options should be thoroughly explored before beginning a short sale.  Owner-occupants may find the options available throught www.SafeOurHomeAz.com and other government resources very appealling.  If after personal research efforts, including seaking legal and/or financial counseling, you decide a short sale is the best option, using an agent that you trust to guide you successfully through the process is important.  Short sales do take longer than traditional transactions from contract to close.  I tell my clients to expect between 60-120days from date of accepted contract to close of escrow.  The timeline varies based on the number and types of liens that need to be addressed in the transaction approval.
 
The Az Department of Real Estate has compiled a brochure with available resources for sellers considering and engaged in a short sale - The AZ Short Sale Advisory.  The resources include links to free legal and financial counsel.  http://www.aaronline.com/documents/ssseller_advisory.pdf
 
Contact me when you are ready to begin the short sale process.
 
Direct Phone: 602.448.0324
Direct Email: somdeck@gmail.com
 

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ReMax Renaissance
3530 S Val Vista Dr Ste A112 • Gilbert, AZ 85297
Direct: (602)448-0324 •