Short Sales

Speed Up the Short Sale Process When Buying an Arizona Vacation Home

Short sales in Arizona offer the best value for your dollar, especially if your dollar happens to be Canadian. International home buyers from Canada and elsewhere are usually shocked at how much house is available for their money, particularly when an owner is motivated to sell. This is how you can get a newer 2500 square foot house with a pool for less than $120,000, and this is just one example. If you are eager to begin vacationing in your second home in Arizona every year, spending your days by the pool or at the golf course, find out the best ways to speed up the short sale process in Arizona. Continue reading

Short Sales…if you’re patient, you can get a lot of house for your money.

Short sales are tougher to navigate than conventional sales and the process is pretty much the same with an added wrench in the mix…an Asset Manager.  An asset manager works for the bank/lender and is the person that approves or denies your short sale offer.  Not all lenders will accept short sales or discounted payoffs, especially if it would make… Continue reading

Short sales benefit homeowners, lenders and investors

Nearly half of Arizona homeowners owe more on their mortgage than their homes are worth. While there are options, such as refinancing at a lower interest rate, that still doesn’t solve the problem of owing much more than what the home is worth. Perhaps the best option for many homeowners and lenders is a short sale.

 

Lenders are often… Continue reading

Mortgage Foreclosure or Short Sale Tax Tips

If you are a homeowner whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income.

 

Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude… Continue reading

A short sale in real estate is not always a pleasant transaction

There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a “short… Continue reading

Will Housing Hit Bottom In 2011? | Strategic Defaults and Short Sale On The Rise!

Sometime, somehow, the foreclosure crisis will ease. But probably not anytime soon.

Home prices dropped 2.6% nationwide during the last three months of 2010, pushing more borrowers underwater, according to a quarterly real estate market survey from Zillow.com.

Now 27% of homeowners with mortgages owe more than their homes are worth. That’s up from 23.2% a quarter earlier.

That will… Continue reading

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(480) 560-5757

Artisan Real Estate Group LLC. Phoenix Arizona Real Estate Broker, Agent, and Trustee Sales

www.ArtisanRealEstateGroup.com
Robert Jeffrey, Designated Broker
3239 West Lone Cactus Drive
Phoenix, AZ 85027

info@artisanrealestategroup.com

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