How Long May It Take To Short Sale My Phoenix Area Home

Posted by Webmaster on May 17, 2012 in Short Sale FAQs | 0 comments

Hello everyone my name is Kevin Kaufmann and I’m the co-founder of the nations main short sale crew, Group 4610. My business partner Fred Weaver and I use our weblog to help educate Arizona homeowners on their options for avoiding foreclosure on their underwater mortgage. For those who can no longer afford your mortgage, or if a short sale makes probably the most business sense, stop by my website or contact me directly to discuss all of our Arizona real estate options.

Today I wanted to talk with you about how long it may take to complete a short sale on your own home in Arizona. It is a question I hear from homeowners fairly often and thankfully there’s a pretty easy answer to understanding the short sale timeline. A year ago I might have instructed you anywhere from seven to eight months but present day our group is closing short sales in four to 5 months on average. Because of the short sale market heating up in Arizona and our short sale process continuing to improve we have been in a position to make great strides in getting fast approvals. This complete process starts by gathering all of the paperwork you will want with the intention to submit a short sale file to your lender. As soon as we have your paperwork our group will begin advertising your property over a one to 2 week span. Once we find a buyer we are able to have your file negotiated in just over 45 days.

Once your property completes a twenty one day close of escrow interval we’re only looking at three and half months from starting to end. So if you’re contemplating a short sale please contact our workforce to get your file approved quickly. Thank you a lot and have a terrific day.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

Do You Have A HELOC and are Contemplating Short Selling Your House?

Posted by Webmaster on May 16, 2012 in Short Sale FAQs | 0 comments

Hello, my name is Kevin Kauffman, the co-owner of Group 46:10, certainly one of Arizona’s number one short sale teams. I am here at this time simply answering more of your questions. We get plenty of emails, phone calls and individuals are coming to us for advice on short sales. We have closed so a lot of them. In reality we have closed over 600 within the last couple of years and with an over 90% success rate. Which means 9 out of 10 of our purchasers have successfully averted foreclosure.

One of many questions that comes up continuously is about what to do when you’ve got a home equity line of credit or HELOC and is it potential to do a short sale? Well the simple answer is yes, you can do a short sale. The not so easy answer is that this, most times you possibly can still find yourself owing the financial institution whether you do a short sale or not. This can be information that you just did not wish to hear, but unfortunately if you go through a foreclosure, you have to cash out the home equity line of credit meaning you got this line of credit after you bought the home. Any time after you purchased the house and you obtain money on it, then absolutely you could possibly be accountable for the deficiency amount.

We’re experts at getting that deficiency amount negotiated down and in some cases our clients are in a position to walk away owing nothing. Some walk away paying as little as 5-10% of that balance. We’re able to try this as a result of by means of the short sale process, we get the opposite lender to help pay for that home equity line of credit by way of the sale of the home.

So believe it or not, in contrast to your first mortgage, the home equity line of credit is a lien towards you personally. You are personally liable for it; it is not simply towards the property. So when we promote the property, we’re in a position to take some of these funds, apply it in direction of that balance and assist cut back your liability.

Again, I am Kevin Kauffman with Group 46:10, certainly one of Arizona’s main short sale teams and we are right here to help. If you would like extra data on short sales or the short sale process, give us a call. We are specialists in home equity lines of credit and short sales and we may also help you out. You’ll be able to reach us at 602-492-4610. Thanks a lot, have a great day and we look forward to talking with you soon.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

Are You Interested In Purchasing A Short Sale Property?

Posted by Webmaster on May 15, 2012 in Short Sale FAQs | 0 comments

Greetings, this is Kevin Kauffman with Group 46:10, one of the premiere short sale teams not only in Arizona but throughout the entire country. One of the questions we get regularly is, “I would like to buy a short sale, so how do I do that?” If you’re at all interested in purchasing a short sale home, I encourage you to reach out to us. We actually have a fool-proof process that can help you purchase the house of your dreams.

One of the things that individuals who want to purchase short sale properties have the chance to do, if they work with us, is have access to exclusive listing inventory that’s not available to the rest of the market yet. We are able to get some inventory to our exclusive clients before it gets put on the market because we understand how valuable that is in the current market. Once a short sale home is put on the market we know that we’re going to receive multiple offers in a week or less. We understand that selling a home is not a hard thing to do; buying one is the hard thing to do.

If you are interested in buying a short sale property in Arizona, I encourage you to contact us today by calling us at 602.492.4610 or you can fill out the Getting Started form on our website, http://Group4610.com. Let us know that you saw this video and that you are interested in learning how to buy a short sale. We are here to help you through the process of buying a short sale property and would like to provide you with the knowledge and experience that we’ve acquired over the past five years in short selling homes. Please contact Group 46:10 today with all of your short sale questions.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

How Much Is It Going To Cost To Short Sale My Property?

Posted by Webmaster on May 7, 2012 in Short Sale FAQs | 0 comments

Hi, have you ever wondered, “How much will it cost me to do a short sale?” It’s a very valid question; a lot of homeowners like you are thinking, “I don’t have much money. I wonder if I can even do a short sale or afford one.” My name is Fred Weaver and, along with my business partner Kevin Kauffman, run one of the country’s premiere real estate teams, Group 46:10, and also the best short sale company in Arizona.

Here is the great news about short sale costs that I am going to give you at the very start of this video: there is absolutely no cost for you to hire our real estate company to successfully list your home, consult with you on your choices, negotiate the short sale and see it through to closing. I know it almost sounds too good to be true. Here is how we get paid; we actually get paid by your lien holder, no matter which lender you have. We deal directly with your lien holder and they pay us a real estate commission so we don’t charge any fees up front or on the back end. There are no hidden fees or costs; the only way we make money is from the real estate commission paid to us by your bank.

If you’re interested in doing a short sale but have always shied away because you did not think you could afford it, reach out to us today. Please allow us the opportunity to share with you why 600 Arizona homeowners have successfully done their short sale with us over the past five years. Our phone number is 602.492.4610 or you can fill out the form on our website. Again, in summary, if you have ever questioned how much it will cost you to do a short sale, you’ll want to give us a call and contact us today.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

When Should I Start The Short Sale Process on My Home?

Posted by Webmaster on May 6, 2012 in Short Sale FAQs | 0 comments

Hello there, have you ever wondered when you should start the short sale process on your property? Maybe you are within the process of understanding that you’re going to be falling behind in your payments and you recognize you will need to complete a short sale and also you wonder when to begin the short sale process. Well, my name is Fred Weaver and my business partner Kevin Kauffman and I run one of :K1:’s main real estate groups and prime short sale teams. We have helped over 600 local area owners within the last couple of years accomplish a short sale transaction. Many owners will come to us and say they definitely need to work with our team because they’ve researched us on the internet and so they perceive that we get short sales at a degree that most different real estate agents will never get to. They know they wish to hire us they usually wonder when they should actually list their house with us.

That may be a very good question. It actually deserves the opportunity for us to speak with you on the phone to grasp extra about your situation. I can tell you typically that it is best to start the short sale process early rather than later,meaning that the moment you and your family make the choice that you’re no longer going to be making mortgage payments or the second you fall behind or delinquent 30 days in your mortgage payment, by that moment in time you positively need to have your property listed as a short sale.

It’s totally advantageous to give us your real estate team of choice, the chance to get that short sale done. Whereas it is kind of true that some lenders view householders who’re rather more delinquent as a more critical scenario, we have found that we’re able to get national lenders reminiscent of Chase, Bank of America, Wells Fargo, GMAC, etc… to consider short sales and actually approve them when the homeowner is simply behind 30 days on their mortgage.

So if in case you have more questions around the short sale process or if you want to get more information about your particular lender and when it’s best to begin the short sale process, give us a call today. 602-492-4610 or fill out the form right here on our website.

Again we’re Group 46:10, your Arizona short sale specialists and we are here to help. Please contact us together with your questions and we’ll get back to you as quickly as possible. Thanks and have an amazing day.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

Is An Attorney Necessary For Me To Accomplish A Short Sale In Arizona

Posted by Webmaster on May 5, 2012 in Short Sale FAQs | 0 comments

Hello everyone my name is Fred Weaver and I’m the co-founder of the nations leading short sale workforce, Group 4610. My business partner Kevin Kaufmann and I blog on a regular basis to help keep Arizona homeowners knowledgeable on their options for avoiding foreclosure. When you can no longer afford your mortgage or are tired of paying your underwater mortgage stop by my web site or give me a call at the moment to discuss all your options. Even if a short sale isn’t best for you there are plenty of options to foreclosure so that you can consider.

In the present day I wanted to discuss whether an legal professional is critical to do a short sale in Arizona. Often occasions when meeting with homeowners they ask me if a real estate lawyer must be handling their short sale instead of an agent. It is a great question to think about with no right or wrong answer. I can tell you though that Group 4610 has not too long ago partnered with a local real estate legal professional who will provide consulting for free to all of our clients. Thats right, aside from our years of short sale expertise in Arizona we will also have the help of a top real estate legal professional readily available for our clients. Our group has closed over six hundred short sales for Arizona householders and that is just another approach to make sure our clients get the peace of mind they want. We would like all of our clients to be confident a short sale is their most suitable choice and having an legal professional to speak with will hopefully help.

If in case you have questions on what to do with your distressed Arizona property give my office a call right this moment to get started on selling your home. I am Fred Weaver with Group 4610, thank you for your time and have a fantastic day.

Do I Have To Be Delinquent On My Loan To Qualify For A Short Sale?

Posted by Webmaster on May 3, 2012 in Short Sale FAQs | 0 comments

Hello, have you wondered if you need to be late or in default on your home loan to be eligible for a short sale? My name is Fred Weaver; my business partner Kevin Kauffman and I own one of the nation’s best real estate companies and the top short sale group in the Arizona area, Group 46:10. A lot of homeowners that have worked with us successfully in the past five years, about 600 or so, have asked us the same question, “Do I have to be late on my mortgage payment to do a short sale?”

It’s kind of a tricky question and I’ll explain why. There are some banks that, on occasion, will approve a short sale without you ever missing a payment. However most banks, if we present them with a short sale offer and a short sale package for you, will look at the package and say, “Why would we ever want to allow a short sale if this homeowner is current? They’re telling us they can not make their payments, however they continue to make their payments.”

Unless you can prove that you have imminent default, meaning in the near future you have a job loss coming or a situation that will change your financial future, most lenders will not approve your short sale if you are still current on your home loan. Let me tell you that we’ve recently had several homeowners that only missed a few payments while successfully completing a short sale with our team and in as little as six months were able to get their credit scores back over 700.

If you are interested in learning more about a short sale please reach out to us so we can talk to you about all of your choices, look at your entire situation and advise you on what would be best for your family. If you’ve ever wondered if you have to be delinquent on your mortgage to do a short sale, please contact us today.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.