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Follow on Google News | Scottsdale, Arizona Coldwell Banker Short Sale & Foreclosure Real Estate Specialist / RealtorA highly qualified Realtor with Coldwell Banker Residential Brokerage in Scottsdale, Arizona discusses the importance of using an experienced Realtor for all of your Arizona Real Estate needs.
By: Nicholas McConnell / Coldwell Banker Do not let your home go into foreclosure. A short sale is the best possible way to avoid foreclosure. Yes, a short sale does negatively impact your credit, and yes, you will eventually need to find another place to live. There is a correct way to do things, and then there is a wrong way to do things. Many people panic, pack up their belongings, and find a place to rent and leave the past behind them. Please do not do this, it is not the way. When you are unable to make your house payments, contact the Realtor that wrote this press release. You have options. In the above situation where the people panic, and leave there home in fear of foreclosure, they could have saved thousands of dollars. The short sale process takes time, and will allow you to stay in your home while the short sale process is being executed. Most banks want to avoid a forelcosure becuase the home will then go into auction. The banks minimize their losses when executing a short sale. You can stay in your home while the short sale process is being executed. I am sure there are many more questions you may have. Who is responsible for the loss between what I owe and what the bank will receive on a short sale? How long can I stay in my home? How does a short sale effect my credit rating? What paper work do I need to get together? I hear these questions every day. Please contact me immediately to get the answers you deserve, and the answers that you need. # # # Helping people buy, sell, and lease property in Arizona every single day! 480-323-5365 Nicholas McConnell http://www.nicholasmcconnell.com End
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