The number of active short sale listings in the Phoenix MLS is on the rise every month. As more people look to sell their home and realize they are underwater, they are turning to short sales as a possible solution. Over the next 2-3 years short sales will likely become as common of a word for home sellers and buyers as foreclosure has been over the last two.
What is a Short Sale?
A short sale is program that allows the homeowner to sell their home
for less than the amount owed on their mortgage.
How do I qualify for a Short Sale?
If you have an involuntary hardship and can no longer afford the monthly payments or you’re unable to sell your home for the full amount owed on your mortgage.
How can I benefit from a Short Sale?
You can benefit by avoiding foreclosure and/or minimize the effects on your credit.
How does a Short Sale work?
We will be in close contact with your existing bank to obtain a Short Sale approval, upon listing your home.
What other details should I be aware of?
Be sure to contact us directly to go over all the details you should be aware of with a short sale.
How can the Homestyle Team help with your Short Sale?
Our “Home Rescue” Team are Certified Distress Property Experts who will do what it takes to get results.
