REO (Real Estate Owned) Phoenix Sales
Monday, April 28th, 2008 Posted in Mortgage Info, Real Estate News | No Comments »REO (Real Estate Owned) Sales: REO is just a fancy term for "Shucks, I still own this property because I couldn't sell it at auction" that the banks have. Many foreclosure properties aren't selling at auction because the amount owed ...
‘Short Sale’ An Option To Foreclosure in Phoenix AZ
Friday, April 25th, 2008 Posted in Mortgage Info, Real Estate News, Short Sales | 2 Comments »Troubled homeowners are finding a new way to sell 'Short sale' an option to avoid foreclosure A growing number of homeowners behind on their mortgage and facing foreclosure are finding a way to sell despite the glut of Valley homes for sale. They ...
Phoenix Real Estate Short Sales Facts
Friday, April 25th, 2008 Posted in Mortgage Info, Real Estate News, Short Sales | 1 Comment »A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing. For the home owner, the ...
Selling Your Phoenix Home For Less Than You Owe
Friday, April 25th, 2008 Posted in Mortgage Info, Real Estate News, Short Sales | 1 Comment »Selling Your Home For Less Than You Owe - The Short Sale If you've taken out a large mortgage, and perhaps refinanced to cover remodeling or other expenses, you may find yourself unable to keep up with your mortgage payment after a ...
Phoenix AZ Short Sales. How To Do A Short Sale
Friday, April 25th, 2008 Posted in Mortgage Info, Real Estate News, Short Sales | 1 Comment »How to Do a Short Sale for A Phoenix Metro Area Home A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for. Short sales are a ...
Short Sale Safe Exit For Troubled Home Owners
Friday, April 25th, 2008 Posted in Mortgage Info, Real Estate News, Short Sales | 1 Comment »Short Sale Safe Exit For Troubled Home Owners For all the homeowners who are upside down and can no longer make their mortgage payment (because of either a job loss, divorce, or an option ARM that’s resetting higher), up to now ...
Foreclosure Homes In Phoenix AZ On Rise
Monday, April 21st, 2008 Posted in Mortgage Info, Real Estate News | 1 Comment »More homeowners mailing keys to lenders instead of payments. Owing more than home is worth, recent buyers walk away Instead of mailing in their monthly mortgage payment, a growing number of homeowners are sending lenders their keys. As housing prices fall and rates ...
