Category: Tucson Short Sale Help

Completing A Tucson Short Sale

If you have been researching the benefits of a Tucson short sale and how it can help your financial situation, you may also be wondering exactly what you need to do to get started on the path to completing one. One of the very first, and most important, steps in successfully completing a Tucson short sale is find a real estate agent that has a generous amount of experience in the Tucson short sale process. It is important to ask questions and do your research before hiring any real estate agent to work with because completing a Tucson short sale is much different than completing a traditional real estate sale.

Once you have found a Tucson short sale agent that has the experience you want and need, they will have you create a short sale package which consists of financial documents and a hardship letter that all gets sent to your lender. Depending on who your mortgage investor is, the amount and type of paperwork will vary but, again, this all goes back to working with a Tucson short sale agent that knows their stuff. They will be able to provide you with a list of documents that are required by your lender to be submitted with your short sale package.

Once you have assembled your short sale package, you can sit back and let your Tucson short sale agent do the rest. They will list and market your property, submit your short sale package to the lender and handle any negotiations with them once an offer comes in. While the process of completing a Tucson short sale transaction is quite different than a regular real estate transaction, if you start the process out on the right foot and find a Tucson short sale agent that is knoweldgeable and experienced, your involvement in the process is essentially the same.

Searching For Tucson Short Sale Information?

Are you searching the web for Tucson short sale information because you aren’t in the best situation with your mortgage and are trying to determine if a Tucson short sale is the solution for you? If this is the case, or if you need to sell but are upside down on your mortgage, you’ve come to the right place because we have an abundance of Tucson short sale information available to you right here on our website.

Not only will you find articles and videos relating to a variety of different Tucson short sale topics, such as completing a Tucson short sale with various lenders, how or if completing a Tucson short sale could impact your credit or whether or not you can complete a Tucson short sale with certain loan types, once you browse around our website you’ll soon come to realize that we are one of the most experienced and well-versed Tucson short sale realtors. No other agents have the same amount of experience and success as we do when it comes to Tucson short sales. We also have a tool that no other Tucson short sale agent has and that’s the Short or Stay Calculator. By entering in some basic information about your mortgage and your property you can determine if a short sale is the best choice for your situation; this major question can be answered for you without even picking up the phone and calling us.

No matter what your situation is, if you are looking for accurate information regarding the Tucson short sale process and whether or not it could be the solution to your financial and mortgage issues, please browse our website and take advantage of the information that is available to you. If you’d like, you can also give us a call to discuss your situation with one of the leading Tucson short sale negotiators.

Tips for Buying a Tucson Short Sale

While a Tucson short sale can be a worthwhile investment, you do go into the process with many different factors that would exist in a normal contract. With this in mind it stands to reason that you would deal with a Tucson short sale differently. Read on for some important tips when it comes to working with short sale negotiations.
First, check the facts yourself. Don’t trust someone else’s opinion of what the house is worth. Get your own facts so that you can back up your offer with information you know to be correct.
Second, make sure the information is current. A Tucson short sale may stay on the market for a long time, and during that time the market can fluctuate. What does that mean for you? It means that the value of the home is going to change over time, and the estimated home value that is offered by the bank may be incorrect by thousands of dollars.
Third, get an inspection. Because a Tucson short sale is on the market for such a long period of time there can be issues that come up simply because the home has been sitting. The bank may conduct an inspection of the property, but you before you submit any paperwork you want to make sure that you conduct a current inspection so that the current value of the home can be established.
Finally, trust your Realtor. To work with a Tucson short sale you are required to work with a Realtor. They are the only people that are authorized to work with the bank to submit and offer. A Realtor that specializes in short sales can help you submit an offer that is more likely to be accepted. They can help you fill out all of the necessary paperwork. Even if you could work through the Tucson short sale process without a Realtor you wouldn’t want to. He or she will be a powerful advocate for you.