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Green Tree Never Makes It Easy To Complete A Short Sale But It’s Possible

November 26, 2013

Hello everyone Shawn Polston with Tucson Short Sales and Keller Williams Realty talking with you today about completing a Green Tree short sale. If you have questions about the short sale process or are at risk of missing a mortgage payment please give me a call or visit my website. I offer all homeowners a no obligation free consultation and want to provide you with the information to help make your best real estate decision.

Today I wanted to talk about completing a short sale file with Green Tree financial and what makes them different. I have completed numerous short sale files with Green Tree but they have not been the best servicing company to work with. In my dealings with Green Tree I have experienced several issues that can be a real cause for concern when time is not on your side. Simply put, your short sale agent will need to be in contact with Green Tree on a regular basis in order to get your file approved in a timely manner. I have frequently placed phone calls or e-mails to check on a short sale files progress without hearing back from Green Tree. I have also had trouble with them losing documents or information that were included in the short sale packet we submitted. When considering a Green Tree short sale it is really important your agent stays on them once your file has been submitted. If your agent does not have the time to contact Green Tree on a regular basis you may be wasting time or drawing dangerously near foreclosure. If your agent doesn’t push Green Tree along you may be severally disappointed in your short sale experience.

If you have questions about Green Tree or simply the short sale process please give me a call today to get started. I offer a no obligation free consultation to any homeowner and want to help you make the best decision available. Thank you for your time and I look forward to helping you in the future with your real estate needs.

Tucson Realtor Can Help Homeowners Complete Short Sale Without Missing Payment

November 25, 2013

Are you tired of making your mortgage payment every month without any return of equity in your home? For homeowners that are still current on their mortgage payment the housing market of the last five years has been nothing but frustation. Thankfully banks are now allowing short sales for homeowners that have a valid hardship and are still current on their mortgage payments. Contact your Tucson realtor today to learn how you can stay current on your mortgage while also selling your distressed property for less than what you currently owe.

As more homes enter foreclosure banks in the area has realized that a short sale is good for both sides. Your bank is not in the business of owning foreclosed homes and a short sale is a great option for removing distressed properties or toxic loans for the market. When a home is in foreclosure your lender is responsbile for upkeep and monthly bills which takes away from making money off the mortgage loans they offer. Your Tucson realtor can negotiate on your behalf to sell your home for what it is currently worth while also having the remaining debt forgiven. This is a very valuable option for homeowners because it will help keep their credit strong while also getting out from under their mortgage debt. Most homeowners that complete a Tucson short sale see a drop in their credit score but this is due to missing multiple mortgage payments. Homeowners that complete a short sale without missing a payment will see a very minimal change in their credit following the sale of their home.

If you are frustrated every month when it making your home payment contact your Tucson realtor to learn about the options in front of you. Given the adjust home prices currently available you may be able to find a new home at a great price that will build equity for you from day one.

Good News Regarding Purchasing A Home After A Short Sale Or Foreclosure

November 19, 2013

Today I wanted to talk to you about how soon you can buy a home after a foreclosure or a short sale. Typically, it has been anywhere from 2-4 years for a short sale and 5-7 years for a foreclosure, depending on your lender and loan type, however today we have something exciting to share with you. We have some new information from the people at FHA that they are actually going to allow people, provided there are mitigating circumstances due to the recession, to purchase a home again in as little as one year after a short sale or foreclosure. The really good news about this for the entire housing market is that it opens up an enormous pool of buyers that are out there and can buy homes again.

There are a few hoops to jump through; the mitigating circumstances are situations such as a reduction in income, unemployment, divorce or death of an income earner in the family. They’ll look at these things and determine whether or situation is applicable to this program. Also I’d like you to be aware of the fact that I have some specialized lenders that I work with that understand this program forwards and backwards.

If you had a short sale or foreclosure and it’s been close to or more than a year and you are wondering if you’ll be able to buy a house, I’d like to encourage you to reach out to us. We’ll figure that out for you; you don’t have to figure things out on your own, we’ll help you figure them out. If you have any other questions or if there is anything else I can help you with please give me a call or click the Contact button and we’ll be in touch with you soon.

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About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.

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