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Category Archives: Short Sale Info

One Of Our Phoenix Short Sale Listings Featured on The Today Show!

One question that comes up from our clients is, “Will you be marketing our home on the internet?”.  Of course we do!  I am a firm believer that EXPOSURE sells homes!  We proudly syndicate all of our listings to 70+ real estate related websites, including “the big three” (Zillow, Trulia, and Realtor.com).  Last week, I…

Arizona Short Sale And Foreclosure Tipping Point? Banks vs. Homeowners- Who Will Win?

Senator Jack Harper-Surprise, AZ

Homeowners facing serious financial difficulties often wind up losing their homes to foreclosure. Thanks to a 40 year-old anti-deficiency statute, lenders are prohibited from going after most homeowners who go through an Arizona foreclosure. Now the Arizona State Legislature is poised to expand these much-needed protections to underwater homeowners who choose to sell their homes…

Mortgage Debt Relief Act of 2007 Expiration: How it Affects Phoenix Homeowners

The Mortgage Debt Relief Act of 2007 will expire on December 31, 2012. If you currently owe more on your home than it’s worth, you’re facing the possibility of losing your home to foreclosure or you’re thinking about a short sale as a possible solution to your personal Phoenix housing crisis, it’s crucial that you…

HARP 2.0 Refinance aka Obama Refinance Plan Requirements Explained

HARP 2.0 Refinance requirements, when they’re officially announced, will detail the specifics of the revamped HARP home refinancing program. This program, also know as the Obama Refinance Program, is due to roll out in March/2012.  Rather than being seen as a negative, the changes to this critical housing program could provide certain desperate homeowners with…

Does Fannie Mae & Freddie Mac Arm’s Length Affidavit Help Homeowners – Or Someone Else?

As a Phoenix short sale agent, I keep my ear to the ground, listening carefully for the sound of common sense solutions that will actually help the housing recovery take place. Unfortunately, common sense is in short supply, drowned out by the noise of “do something – anything” solutions that wind up doing more harm…

Is Your Agent Advising You To Stay Away From Phoenix Short Sale Listings?

dunce

Is Your Agent Advising You To Stay Away From Phoenix Short Sales Listings? If so, they are hurting your chances of finding a home in the foreseeable future.  Today, I received the most interesting phone call from a buyer on a Phoenix short sale listing in my inventory. She was frantic, asking if I could…

A Simple Plan To Force Fannie & Freddie To Work With Homeowners!

uncle sam

I’ve Got It! A Simple Plan To Force Fannie & Freddie To Work With Homeowners! By now, most of you have heard of the 17 banks that are going to be sued by FHA, Fannie/Freddie, etc.  Some screamed with glee (finally the banks are getting theirs!), while others critcized the plan, saying it would only…

Don’t Write An Offer On My Phoenix Short Sale Listing Without Taking The Time To See It First!

phoenix short sale realtor

Don’t Write An Offer On My Phoenix Short Sale Listing Without Taking The Time To See It First! When representing my Phoenix short sale clients, my number one goal is to screen buyers agents, in order to make sure their client is serious about purchasing the home.  Once I feel comfortable that the buyer is motivated,…

Box Score: Phoenix Short Sale Agent Goes 8-For-8 vs Banks In Past 30 Days!

Successful man smiling

Box Score: Phoenix Short Sale Agent Goes 8-For-8 vs Banks In Past 30 Days! Hot off the presses!  This premier Phoenix short sale agent team has gone 8/8 in the past 30 days, and they’re damn proud of it!  Despite all of the devious tactics their competitors (the lenders/servicers/banks) tried, the team pulled through with…

FTC MARS Ruling No Longer Applies To Phoenix Short Sale Agents!

Yes, you heard that correctly.  Today, the FTC announced that the recently enacted Mortgage Assistance Relief Services Rule (MARS) will no longer apply to real estate brokers and/or their agents.  The only provision that will continue to be enforced is the section that deals with misrepresentation. Obviously, with pressure from the real estate community (as…