Secure Real Estate Phoenix

How do I start a short sale?

December 29, 2011

Most of my articles come directly from clients.  I know short sales, so sometimes I forget what a potential client doesn’t know yet. A client asked me “How do I start my Short Sale”? My Answer: You make an appointment with Secure Real Estate. However, the answer is a little longer. First- Make sure a [...]

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Short Sale Process

December 15, 2011

A short sale is when you sell your house for less than you owe, your lender is asked to forgive the deficiency between what you owe and the sales price. Example: Purchased house for $150,000 House is worth $100,000 Sell your house for $100,000 Can you imagine selling your house for the $100,000 and still [...]

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Short Sale Pricing

October 24, 2011

The price chosen for a short sale is very important.  First, the Realtor analyzes all the comparable homes.  I use the Pending and AWC listings- this means they are under contract right now, thus the price a buyer is willing to pay right now. I have Sellers ask me if their home will sell, my [...]

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Short Sale Costs

October 20, 2011

I work in the short sale business everyday, so I always assume my clients know what I know.  Clearly, they do not and it’s my job to inform them. In the last week I have been asked a few times “how much will the short sale cost me?”  Great question! It won’t cost the Seller [...]

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Bank of America Cooperative Short Sale

October 14, 2011

The new Bank of America Cooperative Short Sale Program is just another stride toward the big bank making a real effort to help homeowners. This program is somewhat similar to the HAFA program, however, the cooperative short sale is not a government program. Benefits of a Successful Cooperative Short Sale with Bank of America: Bank [...]

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