Short Sales in Surprise Goodyear Real Estate Peoria Property Listings Maricopa AZ Realtor Agent MLS

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Considering a Short Sale? I can Help.

Call 602-574-3783

I can help with listing your short sale. And I do not charge you a fee for my service as some agents and companies do! The bank/lender will pay my compensation for getting the home sold.

What is a short sale?

A short sale is a process by which a lender agrees to receive a lower

amount than the mortgage payoff in exchange for the sale of the property to a third party. Homeowners that need to sell when the current loan amount exceeds the market value of the property will normally need to do a short sale.

There is no cost to you and I will not ask you for any money upfront.

The bank will pay my compensation for getting the property sold.

At the same time I will look out for your interests and take the pain

and confusion out of doing a short sale. I provide, at no cost to you,

an ethical and professional solution. While it is possible to negotiate

on your own most often the bank will want your property listed with a

real estate professional.

Why do a short sale?

Banks really don't want to foreclose on a property. Under most

circumstances. they would rather discount the loan in a short sale.

This saves the bank a lot of wasted time and expense. A short sale saves you the negative effects of having a foreclosure on your credit report.

I need to sell. How can I do a Short Sale?

First, you need to contact your current lender and see if it is possible for you to
try a loan modification if you would like to stay in your home.  If this will not work for you, then ask the
lender if they will consider a short sale. 
You will need to show the bank that you are experiencing a financial
hardship and your only other option may be foreclosure.

What will the bank consider as a financial hardship?

Not every situation is the same. However here is a typical list the banks should consider:
· Health related financial problems
· Death of Spouse or Divorce
· Job Relocation /you have to move
· Reduced Income and/or job loss
· Serious business loss or serious decline
· Bad loan product / excessive rate adjusment

How do I qualify for a Short Sale?

You must be able to show you have a hardship. I will provide the forms the banks will need to consider your situation.

Are there tax implications in doing a short sale?

You should speak with your tax accountant and/or a qualified attorney before listing your home as a short sale. Each person’s situation is different and you want to do whatever is best for you.

Will this impact my credit or prevent me from buying a home again?
Your credit should reflect a debt settled, and could be there for up to 7-years. However, a short sale will reduce your credit score but should not impact it as greatly as a foreclosure. You should be able to obtain credit or possibly buy a home again in the future. With a foreclosure, you may not be able to buy a home again for 5-7 years. With a short sale, you may be able to buy again in as little as two.

If you're trying to decide whether to let a home go through foreclosure versus attempting a short sale, salvaging your credit is the main advantage to doing a short sale. Be sure to educate yourself, and always seek legal and tax advice before making that decision.

How will you assist me with a Short Sale?

At no cost to you I offer:
· Professional consultation
· Preparation of Hardship Package
· Negotiate a Short Sale with your lender
· List your property in the MLS system in your area to commence the sale.

(Note: I am not an accountant and do not provide accounting or legal advice. All information contained herein should be verified with a certified accountant and/or attorney.)

Get Started With Your Short Sale

Call (602) 574-3783

CSSN (Certified Short Sale Negotiator)

Or fill out this form below and I will contact you at your convenience.

Input Your Information
Short Sale Qualification Questions
* Name
* Address Steet 1
Address Street 2
* City
* State
* Zip Code
* Email
Daytime Phone
Evening Phone
* How long have you lived at the property?
* Is there an HOA?
If there is an HOA are your dues current?
* Is your 1st mortgage loan the original loan you purchased the home with?
* Have you spoken with your lender(s) about a loan modification or possibly listing as a short sale?
Do you have additional HELOC(s) and/or second mortgages on this home? If so, how many?
* Have you spoken with your tax advisor or accountant about the consequences of a short sale?
* Have you spoken with legal counsel or an attorney?
* Is this home your primary residence?
Are you current on payments? If not, how many months have you missed?
* Are you filing for bankruptcy?
* 1st Mortgage, type of loan? (Conventional, FHA, VA ?) Name of Bank? Amount Owed?
2nd Mortgage or Heloc? Name of bank/lender? Amount owed?
Any additional mortgages? If so, name of Bank/Lender? Amount owed?
Any immediate questions or concerns you need addressed right away?
Thank you for submitting this form so I can contact you to discuss your situation.
This form DOES NOT obligate you to a short sale, it is simply a starting point for you.

West USA Realty
16150 N Arrowhead Fountain Center Dr, Suite 100 • Peoria, AZ 85382
PHONE: (602) 574-3783 • FAX: (888) 882-7715

Direct: (602) 574-3783 Office: (623) 487-5096
Betty Harmon, REALTOR®, GRI, ABR, ASP