Not being able to pay your mortgage can be a stressful and frightening situation that can affect both you and your family as foreclosure becomes a reality, however foreclosure is not your only option. Selling your home in a short sale can have many advantages, and can keep you from dealing with the financial problems and social stigma associated with foreclosure. In a short sale, the bank or lender agrees to accept partial payment and cancel the remaining mortgage balance. The advantages of a short sale include:
You will save your credit score from the extreme impacts of foreclosure.
You can avoid the stressful and lengthy process of foreclosure.
You will avoid owing the balance on the mortgage.
You will be creating the possibility of obtaining a new home at a discounted price.
You will not have to deal with the possibility of being removed from your residence.
You can retain the dignity of knowing you sold your home instead of having been removed from it.
You will be able to avoid the social stigma of foreclosure.
You will no longer have to make mortgage payments, unless you come to an arranged payment plan.
You will be eligible to buy a new home in just 2 years, instead of the 5-7 probation period after foreclosure, and may even be eligible to buy a new home immediately if your credit report does not reflect a 60-day+ late pay!
You can find comfort on releasing the financial burden of your home and settling into a new home on your terms.
A short sale is a great option for many, and can help you relieve your financial burden and enter into a more comfortable situation fast. If you are looking to save yourself from foreclosure and sell your home in a short sale, contact AllHomesAZ today. We have come to the rescue of hundreds of AZ residents who were desperate to sell, by offering cash for homes based in Glendale, Paradise Valley, Chandler, Cave Creek, Scottsdale, Peoria, and Ahwatukee. We are a local company, and a proud member of the Better Business Bureau. For further details or to set up a consultation, please call us at 480-227-5214 today. AllHomesAZ are ready to pay for what you have to offer us!
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