Do I Need A Tucson Real Estate Agent For My Short Sale?

If you are looking into the option of doing a short sale on your home you may be wondering exactly what you need to do and who you need to work with to complete the process. Many homeowners often wonder if they need a Tucson real estate agent to do a short sale or if they can complete one on their own. The answer to that question is yes, you do need to work with a Tucson real estate agent if you want to sell your home via short sale.

There are several different reasons why a Tucson real estate agent is required to list your home as a short sale. These types of transactions are very complicated; after all, if you are approved, the lender is forgiving you a significant amount of debt. With this comes legal ramifications, among other things, if a mistake is made. Your home will also be sold at a price that is comparable to other homes in the area. Your lender will get this information from your Tucson real estate agent so they can determine at what price to sell your home for. The bottom line is that there are so many intricacies to completing a short sale and so many different parties involved that lenders don’t want to work with homeowners on a regular basis. By working with a Tucson real estate agent that has experience with short sales they can ensure that everything is done properly and legally.

If you are looking for a Tucson real estate agent to help you with your short sale, be sure that you work with one that is experienced in the field. This will make the process much more efficient and help you get out from underneath your home much faster.

Tucson Real Estate Agents Say Buy Now!

Tucson real estate agents want you to know that if you’ve thought about buying a home, whether you’re a first time or a repeat homebuyer, you should begin looking for a home as soon as possible. There are a number of different reasons as to why buying sooner rather than later is in your best interest and Tucson real estate agents explain why it could save you a lot of money in the long run.

If you’ve been paying attention to the local or national real estate market you’ll know that property values and selling prices are increasing throughout the country. If you wait even a few months to purchase a home there’s no telling how much less of a home you’ll get for your money when compared to the present. Tucson real estate agents say that a home that’s within your budget now may not be in a few months. Not only are home values expected to keep increasing, interest rates are also expected to rise by at least 1% in the next year. While this may not seem like that big of a deal, when you consider a 1% difference on a 30 year mortgage, Tucson real estate agents explain that you’ll actually end up paying thousands of dollars more for your home.

Tucson real estate agents also explain while the driving factor in buying now is money, they also caution that soon there could be an abundance of homebuyers are looking for exactly the same thing you are. Once more people get wind of increasing home prices, increasing interest rates and how it could impact their monthly mortgage payment, they’re likely to begin their home search as quickly as possible.

To save yourself the hassle of competing with other eager buyers as well as potentially saving yourself hundreds of dollars a month, get in touch with your Tucson real estate agent today. They’re ready to help you find the perfect home before someone else snatches it from under you or it’s no longer in your price range.