Short Sales.

Is your home worth less than your current mortgages?

Our goals in short-selling your home is:

• Take the burden off you
• We talk to the bank on your behalf
• Keep you out of foreclosure
• Reduce your financial hardship
• Do this at little or no cost to you
• Sell your home in As-Is condition
• Have you lender pay the commissions and closing costs to get your home sold

Leading AZ Short Sale Agent.

We are one of the leading agents in all of Arizona in listing and selling homes in the “Short-Sale” situation. Do not let the bank foreclose on your house without a fight. You have options and one of these options is to sell your home for less than the amount owed on your current loans. Not all Realtors have the ability to get this done for you. We have been short-selling homes for over 4 years in the valley. Joe Pascale teaches short-sale seminars to Realtors, home owner groups and attorneys. He has been interviewed by publications ranging from local newsletters to The New York Times. Every situation differs and knowing up front what the challenges are allows us to have one of the highest success ratios in the industry.

We will be able to tell you within a first consultation what you should expect given your unique situation. The factors influencing your sale are of course your home and it’s condition but in the short-sale scenario the combination of loans and who owns them will be the most important factor. We work with all lenders and have intimate knowledge into the requirements of each allowing us to tailor your sale to meet their needs and successfully sell your home.

Along the way we will have resources of trusted professionals in the tax and legal arenas to advice you of your rights and assist in the decision making process. Short-sale is not for everyone and it shouldn’t be. Arizona has some of the most favorable laws for homeowners and we will work with you to balance your needs and these laws.

Once we have determined that this is the best option for you, we will compile a short-sale packet for you and list your home.

You can expect us to follow this basic process:

1. Complete a short-sale packet - Click Here to download
   1. These documents are in the forms/documents section and include a Letter of Hardship, Letter of Authorization, Financial Disclosure Form, and a Privacy Agreement.
   2. Additional required documentation will include: your last 2 mortgage statements, last 2 bank statements, last 2 pay check stubs, last 2 tax returns
2. Complete an Arizona listing agreement and a Short-Sale Addendum to the Listing Agreement. This allows us to list your home for short-sale.
3. Market your home until we obtain an offer. We will assist you in determining the best offer to submit to your lender.
4. Submit your packet, listing and purchase offer to your lender for approval.
5. Negotiate with your lender to have the value of your home determined. The lender will assign a Realtor or Appraiser to visit your home to determine value.
6. Negotiate with your lender to accept the submitted offer and provide us with an Approval Letter which details the terms of the sale. ** At this point we advise all clients to seek tax and legal advice to approve the conditions of the approval letter.
7. Submit the Approval Letter to your buyer for a 30 day closing. During this time the standard sale process takes place which includes a buyer’s inspection period etc…
8. Close escrow and help you get “Back on Track”. Remember, this is only a set-back, there is a lot of life yet to lived. We can guide you to experienced professionals that want to help you clean up your credit and get you back on the path to your successful future.
9. Check in with you to help forever. We have been through a lot together and we want to keep in touch. Your dreams are ours and we care about you.

Let us assist you in moving past this sale and
bettering your life, call today 480-359-6519.