How do I Short Sale my home in Anthem?
By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
There are thousands of people considering a Short Sale of their home in Arizona. More than 50% of homes are "under water" in Arizona - in other words - the homes are worth less than the loan balances owed - so it's not surprising that Anthem homeowners are looking for solutions to avoid foreclosure. A Short Sale is one such solution. A Short Sale is a "regular resale" with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance(s) owed on the loan(s). Whether or not a homeowner meets the other "requirements" of their lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional with a solid Short Sale track record - we recommend a minimum of 25 closed Short Sales with a 90%+ Sho...
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