buy a home phoenix

Purchasing a Short Sale

September 29, 2011

For a home buyer, purchasing a short sale can be very frustrating.  Once the Seller accepts the purchase contract, there is a waiting period for the Lender to approve the Short Sale.  This waiting period could make anyone grow anxious.  A few tips to have your offer be accepted and approved by the Lender. Offer [...]

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Patience is a Virtue

August 11, 2011

Patience is a necessary quality in any short sale buyer.  Most short sales take 60-90 to have approval from the Seller’s Lender.  This means that it could take up to 90 days just to have all terms of the sale approved by the Seller’s Lender. First as a buyer, you must find the house to [...]

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How to buy a short sale

July 27, 2011

This is a question asked by many of our clients looking to purchase a home.  These buyers have heard that short sales are definitely a great financial deal.  Most short sales sell for up to 10% less than market value of similar homes.  Most buyers don’t understand how they would go about buying a short [...]

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Buying a Short Sale

July 16, 2011

When buying a home in the Phoenix, Arizona market you have the choice of a short sale, a foreclosure and maybe a traditional sale (however, these are few and far between).  So why would you choose a short sale? A short sale is considered a “distressed property”.  A short sale is still owned by the [...]

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Buying a Home in Arizona- Patience is Necessary

July 12, 2011

I usually tell my clients looking to buy a home, there are 3 types of homes they can purchase. Traditional Sale- Usually the homeowner selling this home wants top dollar, but they will do repairs for the buyer. It takes about 30 days to purchase this home. This also includes flips- where the Seller has [...]

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