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…
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Tag Archive: arizona foreclosure options
Right Of Offset-Yet Another Trick Up The Lenders Sleeve
Right of Offset-Yet Another Trick Up The Lenders Sleeve Folks, this is scary stuff. Yesterday, I received a call from one of my clients, telling me that her bank recently withdrew money out of her account to pay part of her missed mortgage payments. We are in the middle of the Arizona pre foreclosure process,…
AHMSI Short Sale Department-Are They Greedy Or Just Plain Stupid?
AHMSI Short Sale Department-Are They Greedy Or Just Plain Stupid? On July 14th, 2010, I wrote a blog titled “Congratulations AHMSI Short Sale Department… You Just Bought Your Investor Another House!“. Had I known then what I know now, the title to the post would have read something like this; “AHMSI Just Lost Over $50,000…
Attn Distressed Homeowners & Listing Agents-BEWARE OF THE NEGOTIATOR/INVESTOR
Attn Distressed Homeowners & Listing Agents-BEWARE OF THE NEGOTIATOR/INVESTOR! If you are a Real Estate Agent who specializes in helping homeowners through the Arizona pre foreclosure process by helping them short sell their home, you’ve undoubtedly received phone calls from investors. Usually, the conversation starts off with the caller asking for details about the home (i.e….
Congratulations AHMSI Short Sale Department-You Just Bought Your Investor Another House!
Congratulations AHMSI Short Sale Department-You Just Bought Your Investor Another House! The only thing I hate more than reading “rants” by agents is actually writing them myself. That being said, I’m about to write what many will consider to be a “rant”. I’d rather justify it in my own mind as being a way to…
Arizona Pre Foreclosure & Contemplating A Strategic Default?
Arizona Pre Foreclosure & Contemplating A Strategic Default? Homeowners in an Arizona Pre Foreclosure situation that are contemplating walking away from their mortgage need to read this. FNMA announced a change in the timeframe to purchase after a foreclosure. Beginning July 1st, 2010, homeowners will be forced to wait 7 YEARS before purchasing another home…
Is BofA Servicing Your FNMA Short Sale? If So, You Need To Read This….
Is BofA Servicing Your FNMA Short Sale? If So, You Need To Read This…. Day after day, we read about the horrors that BofA puts our short sale sellers through when conducting a short sale. Much of what we read are “rants” from disgruntled agents. Today’s blog is somewhat of a “rant”, but also contains…
Phoenix Short Sale-Alternatives To Foreclosure
Phoenix Short Sale-Alternatives To Foreclosure If you are an Phoenix homeowner facing foreclosure, you are not alone. According to a recent study by Zillow, two-thirds of homeowners in Phoenix owe more on their homes than what they are worth. In addition, the Mortgage Bankers Association recently released a study, saying that 14% of homeowners nationwide…
What Is A Phoenix Short Sale?
We produced this video presentation to help Phoenix pre foreclosure homeowners get a better understanding of the short sale process. Feel free to watch, and don’t hesitate to contact us with any questions. Google+
Summit Home Consultants: 7702 E Doubletree Ranch Rd. Suite 300
Scottsdale, AZ 85258 • Tel: 480.788.2687
Scottsdale, AZ 85258 • Tel: 480.788.2687
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