Tucson Real Estate Agent Can Help You Get The Most Out Of This Market

If you are in the market to buy your next home make sure to find the Tucson real estate agent that is right for you. If you have been searching for your dream home and keep coming up empty this could be the reason. With mortgage rates near all-time lows and the abundance of housing available in Tucson now may be the best time to find your next home.

The Tucson area truely has something for every home buyer and there are plenty of opportunities available to all. Many homeowners have also taken advantage of this market in order to build the home of their dreams from scratch. Once you determine what kind of property you need your Tucson real estate agent can get to work. If you are just starting a family and want to be situated near a good school district your Tucson real estate agent can help you with that. For those snow birds out there who simply want a condo or townhome for the winter months there is also plenty of availability. No matter what you are looking for the Tucson area has the amenities and the communities to fit your needs. Not to mention it’s only a short drive from Phoenix so you can enjoy the big city when you want while not being stuck there every single day. As homeowners continue to complete short sales, and in some cases foreclosures, homes continue to pop up in the market at current market values for those looking. This increase in available housing has helped home prices stay relatively low which is great news for those looking to buy. If you feel stuck with your underwater mortgage but want to buy your Tucson real estate agent has options for you to consider.

You don’t want to miss out on this opportunity to find a great home with low rates and reasonable price so make sure to cnosider all options. Contact your Tucson real estate agent to find out where you fit in this current housing market and what your options are for getting in to the home of your dreams.

What Can You Do To Minimize Credit Impact In A Short Sale? Tucson real estate agents Explain

Do you want to know just how much your credit will be impacted when you complete a short sale? Tucson real estate agents say that there really isn’t a way to determine this until your short sale is completed. Tucson real estate agents say that there is good news however and that’s that there are steps you can take to mitigate the negative impact as well as to begin rebuilding your credit as quickly as possible once your short sale is completed.

First and foremost however, Tucson real estate agents want to clear up a common misunderstanding and that is that it’s not the actual short sale that hurts your credit; it’s actually all of the missed payments that lead up to it. With that being said, the fewer missed payments a homeowner has on their mortgage, the less of a hit their credit score will take. So, how can you minimize the number of missed payments? By contacting a Tucson real estate agent as soon as you default on your mortgage or feel that defaulting is imminent. With all of the new non-financial hardship reasons that lenders are now accepting, such as job relocation, it’s also possible to complete a short sale without missing any mortgage payments, which obviously will impact your credit even less.

If you do complete a short sale and want to begin rebuilding your credit, Tucson real estate agents say one of the best things you can do is to create a budget and stick to it; they can help you with this as well as find you a new home that you can afford. Some homeowners that have completed short sales reported buying bigger items, such as a new car within a few months of closing on their home; some have even raised their credit scores dramatically. The key is to create a financial plan that is within your means and stick to it.

If you need help with your financial situation, want to learn more about what you can do to minimize the negative impact on your credit score or would like help creating a plan after you short sale is completed, get in touch with a Tucson real estate agent today. They have the tools and resources that you need to get back on your feet.