Facebook Linkedin Youtube Rss

Category: Tucson Short Sale Help

Tucson Short Sale Specialist – Bank of America Short Sale

March 8, 2013

Hey there, I’m Shawn Polston with TucsonShortSale.com, and Keller Williams Southern Arizona. I wanted to talk to you about Bank of America short sales. A lot of people have Bank of America loans. They are one of the largest servicers out there. We work with Bank of America a tremendous amount. Whether you have an FHA loan or a VA loan, a conventional loan or another loan you might have, we have experience dealing with Bank of America. We also have a program with Bank of America that allows us to pre-screen you to see if you may qualify for one of their incentive programs. In some cases in Tucson is they are willing to offer $3,000 to $7,000 in relocation assistance. We have been very successful with accomplishing these types of sales with Bank of America and we have a very good working relationship with them. I attend all kinds of trade shows and have met a number of the higher executives at Bank of America. One of the things about Bank of America is that they really do want to help you. If they can help you get out of your house by doing a short sale, they are really wanting to do so. It doesn’t mean they will give you a decision in a day, but they are being very proactive in these short sales. They have had some kinks in their FHA short sale program which tend to take a little bit longer than the other short sales with them. They are working to get those worked out. I commend them on knowing they have something to address there. If you have a Bank of America loan and you are considering doing a short sale, please give us a call. I encourage you to fill out my short sale request form and we’ll get back to you as soon as we can. Thanks and we look forward to speaking with you soon.

Common Short Sale Questions Show How Easy It Can Be

January 22, 2013

Hello everyone Shawn Polston here with Tucson Keller Williams Realty and 520 Short Sales thank you for your time today. I am working with distressed property owners in the Tucson area every day and use this blog to keep residents informed on all of their options for avoiding foreclosure. If you are struggling to make your mortgage payments every month or simply need to sell your home fast please take a minute to browse my website or call me directly to learn about the options for selling your Tucson property.

In my blog today I wanted to talk with Tucson homeowners about some common short sale questions that can expand their knowledge of the subject. The most common questions I get about completing a short sale involve the tax or deficiency possibilities a homeowner will face. Many Tucson homeowners will also want to know roughly how long it will take from start to finish for their file to be completed. From time to time we will get questions that are better suited for a tax professional or an attorney. Thankfully at our office we have partnered with the top real estate attorney in the Tucson area and also have a CPA on staff to answer any of these questions. Most importantly we can answer all of these questions for free that way you are completely comfortable with a short sale before you start.

If you are ready to start your short sale file today or would just like to chat with an experienced agent go ahead and fill out a contact form on my website or call me directly. On my website you can also find our Short Or Stay Calculator that can help you determine if a short sale is right for you. Thank you for your time today and I hope to hear from you soon at Keller Williams Realty in Tucson.

What are the Pros and Cons of Completing a Short Sale on my Home?

January 18, 2013

Hi there, I’m Shawn Polston with Keller Williams and TucsonShortSaleNegotiator.com, your Tucson short sale specialist. I wanted to talk to you today about the pros and cons vs. short sales and foreclosures vs. deed in lieu of foreclosure. I just want to give you a general overview and if you have more questions, I can certainly talk to you more about it if you want to contact me. Usually with a short sale, the homeowner is underwater and they need to get rid of the house. It might be because they are moving, a death in the family, divorce or job loss. Your basic options are to rent the property out, and sometimes that can lead to a lot of issues. Another option is to do a short sale where we go to your lender and negotiate a settlement of the account and allow the property to be sold and settle the property for less than what is owed. There is also a deed in lieu of foreclosure where you basically deed the property back to the lender. Sometimes homeowners will look at their credit report a few years later and see a foreclosure listed when they went through a deed in lieu. You need to get something in writing about how they are going to report this to your credit report.

In most cases, the worst option is foreclosure. I don’t feel any sympathy for the lender who made you the loan. In a lot of cases I’ll have people call me up and ask to do a short sale because they walked away from the property a year ago and the lender has not foreclosed and they don’t seem to want to foreclose. Without insurance, they have a liability and they want to get rid of it.

When you contact us, we will work with your lender for you and make the process as painless as possible for you. If they won’t give you an agreement, or we can’t negotiate an agreement that is acceptable for you, you don’t have to do it. You can proceed down the other route of just walking away from the property if that’s what you choose to do. Again, I’m Shawn Polston with Keller Williams, your Tucson short sale specialist and I’m here to help answer any questions you may have. Thanks and we look forward to speaking with you soon.

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