Another Successful Short Sale in Laveen
November 7, 2009 by Short Sale Specialist · 23 Comments
Last week was another great success story. My clients at 5430 W. St. Kateri in Laveen, 85339, were able to unload their home. Having bought in the peak for over $334,000, we were able to help my clients short sale their home for $168,000. This home had two loans, and usually with two loans, the short sale can be even more challenging. However, we were able to have the first and the second play nicely and release the liens.
Successful Short Sale
If you or anybody you know are in desparate need for short sale help, I hope that you would let me help. Our short sale services are 100% free to you since the bank pays all our fees.
Are you finding that loan institutions are being a bit more flexible these days when it comes to homes with more than one loan? It’s indeed impressive when you can short sell a property in that situation. Kudos!
There’s no doubt that it is easier to deal with the banks these days. They are certainly more motivated these days.
Banks are def. more willing to work with people these days.
Sounds great! A short sale can be very profitable for real estate investors. Well, one of the options lenders are using today is to help the borrower sell the home by forgiving a portion of the loan balance.
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sounds good.Thanks for letting me know about this!
keep posting these kind of stuffs.
Thanks a lot for the information.
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Banks are def. being easier to get short sales approved and done. I did one the other day and had an approval letter in 48 hours! I thought I was going to have a heart attack!
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Thanks for the information. Beautiful house! it is can be more challenging, the home had two loans with the short sale. do have any information like this? please posting me. thanks!
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Short sales are a complete nightmare if you have a willing qualified buyer. We try to stay clear of them.since we work with a lot of relocation buyers and they need to know they are going to be able to actually close a home or they will be homeless.
congrats for your great work.Helping home owner to sell the house is not easy.
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We’ve stayed away from Short sales, but more and more banks are doing deals here. I do say I’ve pounded my head on the wall with 2 notes…
could it be banks are more eager in aZ than Philly, becasue home values have fallen further and faster there? I think that may explain a banks eagerness or indifference, fear of what could happen in the next 6 months.
if you get a minute, sotp bu and visit me at Charlotte Real Estate Homes and Condos thanksfor the post Terry McDonald
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oh the short sale…. down here in Austin, it’s been just one disaster after another for us with the banks. They may be more willing to help but they still do not want anything to take place in a very quick fasion. In my 15 years in the bus. this will always be one type of listing I try to avoid showing. Good luck to all when dealing with short sales and keep in mind 2 – 3 months.
Not sure why, but we have horrific luck with short sales, seems like the few we’ve done we always have to wait over 30 days just for a reply.
I thought Texas was doing well enough that you wouldn’t need to do short sales. How much have prices fallen since the peak?
Congrats on the success! We just closed on that took 6 months to complete today. But on another recent short sale listing we got approval in 3 weeks. I think some of the banks are coming around to the realization that short sales are more effective at minimizing losses than foreclosure.
Congrats for the sell and want to appreciate for all of your post it shows a complete details with lots a quality.
Thanks,
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Congratulations on another sale! That’s awesome!
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Its all up to your agents, and if they accept the first offer or not. Being that its a short sale home Im sure the owners just want out so my advice try to low ball them on the first offer! You would be suprised what people will do to get out of a house right now! All they can do is make a counter offer! Good Luck!!!
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This is really the time to buy in the housing industry if you have the money to spend. Housing prices will start to rise again in the near future. Get in on the deals while you can.
We do still have short sales here in Texas too. Doesn’t seem like I will ever have any good luck with the banks responding in a short time fame though.
Hire an assertive and experienced seller’s agent. Get an agent that is knowledgeable about selling houses at quickly. In fact, some agents are specially trained to seek out the desperate buyers and get their client’s houses sold.
I like these castle type of homes but due to the high pricing I am often limited to just liking them, hoping to have one once I get some good amount of money!
Spanish banks are really not in tune with short sales. They would rather take the keys to the property and sell on themselves. However, most have limited real estate experience. At the moment many Spanish banks are playing hard ball and refusing to drop the prices of their distressed property stock. As a result private resales are often available at more competitive prices.
Great job selling this property. I’m sure your clients were extremely happy with you. That’s a heck of a deal for a buyer, but sellers credit is clean and no liens hanging.