Anthem & Phoenix Home Short Sales

Do you...

...owe more on your home than it is worth?
...feel at risk of losing your home to foreclosure?

If you can answer "yes" to either of these questions, you may still be able to avoid a foreclosure sale.

Do you...

...know that there might be options available to you?

One of those options is a short sale.

I want to help you...

...and be a resource for you, at no cost to you. I am certified by the National Association of REALTORS® as a Short Sales & Foreclosure Resource (SFR).

I negotiate directly with the banks and lending institutions to work out a solution to your particular situation. Again, at no cost to you.

I would like the opportunity to do all I can to help you. I encourage you to take the time to see if a short sale may be a potential solution for you. Please continue reading to learn more about the process and how a short sale may be beneficial to you.

For a free, private consultation to answer your questions, contact me today.

Frequently asked questions about short sales

Q. What is a short sale?
A.  A short sale is a program that allows the homeowner to sell the home for less than the amount owed on the mortgage.

Q. How can I be considered for a short sale?
A.  You may be eligible for a short sale if you have an involuntary hardship and can no longer afford the monthly payments on your mortgage, or you're unable to sell your home for the full amount owed on your mortgage.

Q. How does a short sale work?
A.  Once you decide to list your home as a short sale with me, the next steps will be:

• You and I will complete a Listing Agreement and discuss the documents needed for a short sale.
• Once all the documents are in order, they will be submitted directly to North American Title's Short Sale Transaction Assistance & Resource (NATSSTAR) division.
• NATSSTAR will handle all of the paperwork and phone calls necessary to facilitate the short sale in a timely manner at no cost to you.
• I will be busy marketing your home and networking with other REALTORS® to obtain an acceptable offer on your property as soon as possible.
• Once an offer has been submitted to your lender, I will handle the negotiation process which will include the lender paying all commissions and closing costs.

Q. How can I benefit from a short sale?
A.  You avoid a foreclosure sale. You can live in your home until the new owner closes, giving you time to make other living arrangements. A foreclosure sale may be postponed once a written, signed offer is received and approved by your lender in writing.

Q. What other details should I be aware of?
A.  Here are a few:

• Be sure to speak with your tax advisor about the tax implications of a short sale.
• The buyer of your property cannot be anyone you have a close personal or business relationship with, including family or friends. This is also referred to as a "non arms-length transaction."
• You are responsible for making your mortgage payments while your home is on the market.
• Mortgages in bankruptcy require special consideration, so call your bank to discuss your options.

Meeting your real estate needs...
Homes for sale in the Anthem, Carefree, Cave Creek, Desert Hills, North Phoenix, and North Scottsdale areas.