Do you think short sales are a waste of time? I have been in the Arizona real estate market for the past seven years. I have seen it all in the last seven years. Personally, I stay six months ahead of the real estate curve. Why? A real estate expert needs to predict the needs of the next client. Currently, a Realtor needs to deal with distressed properties and sellers who are upside down in their home. Clients need experts in the field. Short sales have gained in popularity across America.
Banks are now favoring loan modifications and short sales than foreclosing on the house. Banks are waking up to the fact that it is more time and money on their part to foreclose on a home. It is better to keep the home owner in the home at all times to avoid a vacant house that is open to vandalism.
The Real Estate and Beyond Team is here to help all Arizona home owners who are upside down in their home. We saw the growing need as 75% of all distressed properties are now short sales. We recruited an expert to handle all short sales. This individual is an expert at short sale negotiations with the banks. Sellers need a short sale pro to negotiate with the banks to make sure the deal closes so they can move on with their life. Many people will need a second chance to recover from this real estate disaster.
Many buyers/investors have avoided short sales because they seemed to never close. That got a bad rap because banks were not waking up to reality. Voila, reality is here and the banks are working with sellers to close the short sales. Now, an escrow can be 60-90 days to complete the entire process when done correctly by a pro such as Real Estate and Beyond Short Sale Team.
Experts state that 90% of all short sales have two lenders. All proceeds go directly to the first lender and the second lender gets wiped out. If the short sale takes too long, then the bank ends up foreclosing on the house. Again, call the Real Estate and Beyond team to handle this for you to avoid the unexpected foreclosure.
Many people are avoiding short sales because they fear the transaction will not close in time to receive the $8,000 tax credit. However, we must overlook this incentive to obtain a great deal on a house. I have several success stories on where buyers/investors received great deals on short sales. Again, call the real estate experts who have the experience and connections to make this happen to you.
I encourage everyone to call the experts when it comes to real estate matters. Real Estate and Beyond Team can be heard each Saturday from 12-2PM KKNT 960AM or visit the web site at www.960RealEstate.com. We are here to serve the public with all of your real estate needs. We pu the Real bank into Real Estate.
MAKE THE CALL, SET THE PLAN, AND DO THE DEAL$
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.
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