We have recently taken a referral listing in Chandler. The seller has a 1st and 2nd with a local credit union. Prior to listing with us he had petitioned the credit union for help. They said they couldn't help him. So he called his sister (a great Ahwatukee AZ realtor) for some short sale help. She referred him to us and we started the process.
We listed the property, procured a buyers contract from our EASY SELL PROGRAM and off the file went to the credit union to check out and process. Well today we received a call from our Seller wanting to cancel the short sale which we took as GREAT NEWS! Yes, it is great news that we lost this client. In just a few weeks of us pursuing the short sale and submitted his hardship to the credit union, the credit union decided to take a second look at working with him to stay in the house.
He received a pretty great deal too! Lowering his interest rate to 0% on both loans and lowering the years on the life of the loan substancially. For us, it's not always about closing a short sale, it's about helping the homeowner do what's right for their situation. We are not always big on loan modifications because most of them are smoke and mirrors, but this one seems pretty solid.
Give us a ring to see what we can do for your situation: 866-602-4601 or check out our EASY SELL PROGRAM.
San Tan Valley Short Sales - there is no magic solution to being underwater on a home. But there are options. If you are seeking options to get "out" from underneath a home with limited or no hardship please consider the following.
In the last 3 months there has been a slow down in bank owned home listings. At one time in 2009/2010 bank owned homes dominated the market share with 50-70%. Today roughly 35% of all the listings are bank owned, about 40% are short sales with the rest being traditional sales or investor flips.
Buyers that are looking for a home to buy in San Tan Valley have noticed that inventory is also down as a whole as well. Today there are only 353 active listings. That is way down from the numbers of 2009/10. The days of being picky may be over for buyers because as inventory shrinks so do your options. Premium features are now coming at cost. Some buyers are waiting for the magic "shadow" bank owned inventory to flood the market. So far, I have not seen any signs of this in San Tan Valley. If you are looking to buy in San Tan Valley procrastination may start costing you the green.
Looking for a deal in San Tan Valley? Check out Zoupon.com. Local businesses have been having great successes reaching out to San Tan Valley consumers. You can find a "zoupon coupon" for just about anything.
Those are just a few! There are much more for Car/Home/Business Insurance, Locksmith Services, Pottery Studio, Restaurants, Real Estate, Hair & Skin and SO MUCH MORE! VISIT: ZOUPON.COM
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Managing Realtor for the Phoenix Metro Group, brokered by Homesmart. Producing results for buyers, seller and investors.
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