Phoenix, Arizona
Phoenix, Arizona, according to CNN, is the third city that lead with foreclosures in the first half of 2009. That means home values will continue to drop which is going to make it hard for homeowners that have faced tough time limit their options even when they want to sell their house.
Donte Mazyck acquisitions manager at Buyers of Charlotte says "even though times are tough Phoenix area homeowners have a few options to sell their house fast to stop a near by foreclosure cold", he continued with "there are more owners with homes that are worth less than what is owed and we can tailor an offer to purchase their over-financed home for less with their lenders approval".
According to Donte Mazyck, more homeowners are opting in to the notion of a short sale over a foreclosure. A short sale is when a homeowner goes to their lender and ask their lender to agree to a purchase price that is less than they owe on their house. In some cases lenders are known to agree to a short sale to stop foreclosure and save on foreclosure costs also the fees associated.
Homeowners that need more information on Short Sales can go to http://www.buyersofcharlotte.com/
