Serving the entire Phoenix Metro

Helping you buy or sell in the Phoenix metro area

Invest in ArizonaPhoenix Neighborhoods

What is a Short Sale

by Jim Brent on June 24, 2011

What is a Short Sale? To put it simply an arizona short sale is when the lender(s) agree to settle the debt owed on the property for less than the full amount. A Short Sale is a great option to consider when you are more than $50,000 upside down on your property. The primary advantage to doing a short sale vs. walking away and letting your home go to foreclosure is that in a short sale the debt is settled and you no longer owe the bank any money. If your home goes to foreclosure, you may still be liable for the deficiency in the event that the bank files a judicial foreclosure. Another advantage is that in a short sale, your credit takes much less of a hit compared to a foreclosure. The impact on your credit will vary depending on how established your credit is at the time of the short sale or foreclosure. New guidelines stipulate only a 24 month waiting period after a short sale, so borrowers who do a short sale can buy again in just 2 years. In some cases, much sooner!

{ 0 comments }

Welcome!

by Jim Brent on October 22, 2010

I would like to welcome you to my website and invite you to stay a while and browse. Here you will find a wide variety of useful information and resources designed to help you buy or sell a home more effectively in Arizona.

A home is not a home because of its room dimensions or the color of the walls. It is about how you feel when you walk through the front door. And the way you can instantly envision your life unfolding there. This is about more than real estate. It is about your life and your dreams.

It is with great pleasure I take to introduce myself and offer my unique real estate services to you. I utilize the latest technologies, market research and business strategies to exceed your expectations. More importantly, I listen and that means I find solutions that are tailored to your goals.

By offering a different approach to real estate, one that is built on personal touches, win-win-deals and positive results, I have helped many accomplish their real estate goals and dreams. I enjoy few pleasures greater than that of informing a client that escrow has successfully closed.

After you have had the chance to review this information, contact me so I can tell you more about how I can help. Thanks for starting your real estate search with me and I appreciate the opportunity to earn your business!

{ 0 comments }