Hello, have you ever been wondering in the event you make too much money to really do a short sale? Well my identify is Fred Weaver and my enterprise associate Kevin Kauffman and I run one among Arizona’s leading real estate groups and the top short sale team; Group 46:10.
I was just on the telephone yesterday with a client and this was their concern. They were saying how they make over a couple hundred thousand dollars a 12 months; they’ve obligated debt and are afraid the bank is just not going to want to do a short sale on your property because of the nice sum of money you make each month.
As I was explaining to this potential client of ours, and it may be an identical state of affairs that you’re in. When a house owner falls behind or goes into default, it’s really not about the hardship state of affairs or how much the client makes or what their debt is, etc… as much as it’s now about the bank’s hardship. The bank desires you to believe that it’s a must to have a hardship and fit in this little box with all these qualifications. At the end of the day if you are a home-owner who has already gone in default on your funds or is planning on doing so, the bank is absolutely the one which has a decision to make. Do they want to let the house go to foreclosures, do they wish to comply with a short sale or do they wish to allow you to dwell within the house at no cost for the rest of your life. Well that final option is probably not going to occur so there real choices are foreclosure or short sale. Historically we know that short sales save banks hundreds and thousands of dollars over foreclosure.
So in the event you’re in a state of affairs where maybe you make a lot of money and you are just unsure if a short sale is best for you, give us a call right here on the office. We’d like to seek the advice of with you on your choices and speak with you specifically about our expertise along with your bank and make it easier to make the very best financial situation for you and your family. Again, I am Fred Weaver with Group 46:10, certainly one of Arizona’s main short sale groups and we’re right here to help. Please call us at this time; our phone number is 602-492-4610. Give us a call at present or fill out the form on our website. Thanks and have an incredible day.