If you have sold or are thinking of selling your home as a short sale, a bit of good news is here. The Arizona Department of Real Estate, in a refreshing proactive move, has produced the Short Sale Seller Advisory.
The Short Sale Seller Advisory is a handy bit of information we highly recommend those pondering a short sale read. The advisory includes a variety of information on topics including:
- Understanding a lenders options... now isn't that a catchy title.
- Warnings about predatory scams and fraud... a very important topic these days.
- Info on HUD approved housing counselors... a free service many have found useful.
- Information on obtaining legal/tax advise... our short sale web site has links to attorneys too.
- Non-short sale options you can explore.
- Short considerations such as how to hire a qualified Realtor, eligibility, home values and credit score talk.
We are delighted ADRE was quick to come to bat on this subject. Our own John Foltz, Past-President of Realty Executives, did much to push this forward and we thank him for his efforts. Short sale sellers are safer for this advisory.
If you would like to read and download this document, we've posted it on our Phoenix Short Sale web site. When you click on the link, scroll down through our short sale home seller links to find the ADRE short sale advisory.
Gene and Ron Urban
The Urban Team at Realty Executives
602-234-5777
www.short-sale-phoenix.com (our site dedicated to short sale information)