Facebook Linkedin Youtube Rss

Category: Housing in Tucson

Do You Want To Short Sale With SunTrust Bank?

July 22, 2013

Hi this is Shawn again with TucsonShortSale.com and I wanted to welcome you to today’s blog where we’re going to talk about SunTrust Bank. If you have a loan with SunTrust and are unfortunately one of those people that are underwater that are deciding what to do with their home, I want you to know that SunTrust Bank is a bank that I have worked with incredibly well in the past.

As of the date of this video, we have a 100% success rate in getting short sales completed with them. They are a pretty easy company to work with if you have an agent that knows the short sale process and knows how to work with them. We’ve worked on conventional loans with SunTrust, FHA and VA loans, and second mortgages and, as I previously mentioned, have a 100% success rate with them; we’re expecting this success to continue with them. I know you probably have other questions about completing a short sale with SunTrust Bank or with any other lender.

There are a number of other videos for you to take advantage of on this website as well as other resources but I also want to encourage you to pick up the phone and give us a call or fill out the form on our website that allows us to contact you. We’re here to answer any questions that you may have regarding your underwater or distressed mortgage and can help you determine what the best option is for your solution. We’ve also got short sale experience with a multitude of different lenders to ensure that we get your short sale completed successfully. Finally, I’d like to remind you about the Short or Stay Calculator on our website that can also help you determine whether a short sale is the right solution for your situation. Homeowners throughout the area have taken advantage of it to better their situation so I’d like to encourage you to do the same.

Before You Make Those Repairs Consult Your Agent About Short Sale Potential

July 15, 2013

Hello everyone Shawn Polston here with Tucson Short Sales and Keller Williams Southern Arizona thank you for your time today. I use my blog to keep distressed property owners in Southern Arizona informed about the ever changing housing market and how they can take advantage. If you can no longer afford your mortgage or just need to talk with a short sale expert about your options please give me a call or visit my website today. As a long-time member of this community I am here to help homeowners with any and all of their real estate decisions.

Today I wanted to talk with homeowners who may be considering a short sale but also have some repairs that are needed around the house. In a traditional home sale homeowners often complete some minor repairs or improvements around the house in order to hopefully increase the selling price. In the case of a short sale we will typically sell your home as is without any time or money invested for the sale of the home on improvements. Whether your carpet is a little date or if you have a roof leak it does not matter what condition your home is in. I have sold homes that needed an entire new roof through a short sale before and it worked out great for both parties. It is possible the purchaser will ask for improvements to be made and at that time we can discuss what is best for you in order to sell your home. But ninety nine percent of the time these improvements or maintenance issues are handled by the new homeowner.

Whether a traditional sale or a short sale is needed for your home discuss your repair issues with your agent before making any decision. You may be able to save some money while also getting the right price for your home selling it as is. Thank you for your time and I look forward to helping you with any of your Southern Arizona real estate questions.

Questions To Ask A Short Sale Agent

July 8, 2013

My team and I have completed hundreds of short sales with just about every lender out there. What I wanted to put out there today are some questions you might want to ask an agent if you’re thinking about letting them help you with your short sale. Whether it’s our team here or a completely different short sale agent, one of the things you want to ask them is how many short sales they’ve completed.

One of the interesting things to note is that the average real estate agent completes less than two short sale transactions a year. If you ask an agent how many short sales they’ve done and they say a lot, their perception of the number of short sale transactions could potentially be skewed. An agent that specializes in short sales or works on a number of short sales closes between 50 to 100 short sale transactions a year. They’ll have much more experience with the different lenders and be on top of everything that’s going on with your transaction. Just make sure you have your real estate agent quantify the number of short sales they are actually completing every year.

Also ask the realtor what you can expect and what the short sale process is going to be like. If they go to the extreme and are telling you that short sales are a nightmare to complete and are horrible, this should give you an indication that this isn’t the agent you want handling your transaction. While short sales can be difficult, they aren’t a nightmare and some can be fairly simple to complete. If they go the other direction and paint you a picture that short sales are all fine and dandy, they probably don’t have the experience with short sale transactions that you want. You want an agent that tells you the truth, that completing a short sale is somewhere in between.

If you have other questions, please browse my website, pick up the phone and call us or send us an email because we’d be happy to help you out and tell you what other questions you should ask a potential short sale agent.

Stay or Sell?

Crunch the Numbers on Your Home Instantly!
Start Here

What is a Short Sale?

Start Here

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.

More About Shawn

© Polston Results Team – Tucson Short Sale Specialists