AZ Short Sales
As a successful real estate professional in the Scottsdale and Phoenix Metropolitan area, Gayle Henderson has witnessed the devastation that comes with "Life After Foreclosure" and has made a commitment to lend a helping hand to those facing foreclosure to see if together they can solve the current situation and keep her clients in their homes.| Informative Links for Arizona Homeowners About Short Sales and Foreclosure: | ||
SHORT SALES IN ARIZONA
A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved. Gayle has worked closely to develop healthy working relationships with many banks such as Bank of America so everyone involved is working together toward a positive solution to what is hopefully a temporary crisis.
By now, most people have heard of a short sale, but here's a more official definition:
- A homeowner is 'short' when the amount owed on his/her property is higher than current market value.
- A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.
Many homeowners opt to explore their option of a short sale because the outcome is less severe as a foreclosure, both in the experience and in the future impact. To read more about the difference between a short sale and foreclosure, read our free report.
A HOMEOWNER'S PERSPECTIVE ON SHORT SALES
While not every short sale is successful, Gayle will do her utmost best to exhaust every avenue available to her. As a result of her tenacious outlook, she and her team have helped hundreds of homeowners with a successful short sale in Arizona. Here the short sale experience from a homeowners point of view:
To explore your options to avoid a foreclosure in the Phoenix metropolitan area, contact Gayle at or 602-850-4335. We are here to help. You have no obligation. To learn more about Short Sales, you can also visit our full sites at www.AZAvoidForeclosureNow.com or www.GayleHelps.com .
