Arizona

Are you READY to buy Home again After Foreclosure!

Have you lost your home to foreclosure in Arizona? Well, I've been working with peolpe that have lost their home in Arizona to Foreclosure and finding that the lenders are not reporting correctly on their credit. You as the consumer need to make sure the lender reported correctly. Here is example of that we have seen - Had a client that lost their home in 2007 to Foreclosure in Arizona, The same lender had a first and second mortgage on the property. The lender reported correctly on the first mortgage showing it was foreclosed in 2007. The same lender continued to report a 120 day late on the second mortgage for next four years. The client called the lender to have them correct the error, The lender stated they had the right to continue to report and collect the loan(They had no right). We were able to help the client write a letter to the lender, once the lender received the letter they removed all the late payments and correctly showed on their credit with a 2007 foreclosure in Arizona on the second mortgage. So the first thing you need to do is check your credit by a Mortgage Professional, If you lost your home to Foreclosure in Arizona I can review and make sure it is reported correctly.

Next big question? How long do you have to wait after you lost your home to Foreclosure in Arizona. You will have to wait 3 years from the date they foreclosed on your property. Again we have found lenders that report late payments until October 2009. After some research for the client we found that the property was Foreclosed in May 2009. Just looking at the credit report the client would have to wait until November 2012 to buy again. I was able to found the correct document and now the client can buy a home in June 2012. If you lost your home to foreclosure in Arizona. Please call me 602-692-9933 or fill out Application.

One Plus Acre Properties for Sale in Gilbert - Gilbert One Plus Acre Properties

Gilbert, AZ continues to be one of the fastest growing cities in the United States. Gilbert is a desirable place to live because of the great neighborhoods, excelling schools, upscale shopping and dining, variety of entertainment, quality health care, and booming industry. Gilbert remains to have a hometown feel even though doubling in population since 2005.

Don’t hesitate to call Dawn at 602-418-4412 today for more information on any of the homes listed or to find out about homes anywhere in the valley.

Properties with Basements in Gilbert

Five Bedrooms Homes for Sale in Gilbert

Foreclosed Homes for Sale in Gilbert

You may have heard recently that there is no difference between a short sale and a foreclosure and I wanted to set the record straight. Short sales are an agreement between the seller’s lender and the seller to accept less than they are owed for the value of the house. During a short sale, the first lender will also offer payment to the second lien holder in order to encourage them to approve the sale. In order for a short sale to reach approval, all parties involved must reach an agreement on the sale.

Even though our foreclosures are significantly down, they still represent 15 percent of total home sales in our market. Short sales represent 66 percent.

Today, banks are incentivizing homeowners who are short selling their homes. They are also streamlining the approval process in order to approve a greater number of short sales. In addition banks are also offering relocation assistance on top of the existing federal and state programs.

As a Certified Distressed Property Expert, I am experienced in helping homeowners avoid the negative and long-lasting effects of foreclosure. Contact me today in order to schedule a free no obligation consultation.

Paradise Valley Arizona Real Estate Market Report

The Paradise Valley Arizona Real Estate Market is consistent with the other more affluent suburbs of Phoenix. Inventory is down but prices remain depressed and may not have found their lowest point.

Paradise Valley Arizona is the most affluent suburb of the Greater Phoenix Metro Area, offers breathtaking beauty, stunning homes and large acreages. Paradise Valley Homes or Paradise Valley Horse Property may be viewed at these links.

Call if you find one to see today!