The Phoenix Arizona 360 Real Estate Team

CURRENTLY OFF MARKET
Benefit from a Short Sale Listing with a Seasoned Short Sale Negotiator
This Mesa condo for sale is a short sale listing that is being handled by a seasoned short sale negotiator and realtor. If you have been looking for a bank owned or a short sale deal that will get you a great price on a Mesa condominium, this is that deal.
This ground level condominium is located in the heart of Mesa Arizona and is light and bright with French doors leading to a very charming patio t… Continue Reading Short Sale Condo Listing in Mesa Arizona

If you are a Phoenix Arizona home buyer right now you already know that the Phoenix real estate market has heated up again. Low supply and high demand is creating multiple offer situations on most Phoenix homes for sale listings. On more than one occasion I have gone on day 1 to a new listing only to find 5-10 realtors with clients waiting outside to show property. Multiple offers drive up price and that will result in some appreciation in 2012 in my opinion.
There are other things helping t… Continue Reading Phoenix Arizona Housing Crisis Solutions for Distressed Home Owners

The Arizona MLS Distressed Property Report is for homes in the Metropolitan Phoenix area as well as residential real estate lying outside the Phoenix Valley perimeter.
There are three interactive maps included in this report, each specific to a type of distressed property: short sales, foreclosures, and a map of all distressed properties. Each map is a snapshot of the active distressed property as of June 30, and is grouped by area postal code. The percentage of active properties to distressed … Continue Reading June 2012 Distressed Property Report for Greater Phoenix Arizona

In 2007, an instrument was designed which would allow taxpaying homeowners the ability to exclude having to show certain discharged debt relating to their principal residence as income when filing their tax returns. This instrument is named The Mortgage Debt Relief Act of 2007 and states that any debt that has been reduced in connection with a mortgage restructuring, a foreclosure, or a short sale, qualifies for the relief under this act.
Through this Mortgage Debt Relief Act, a homeowner may h… Continue Reading Phoenix Arizona Short Sale Homes Mortgage Debt Relief Act Expires at End of 2012

Bank of America is excited to announce that for a limited time, they are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 – $30,000* in relocation assistance and owe no more on their mortgage with the sale of their property.

If you own a Metropolitan Phoenix or Scottsdale home, and your mortgage is with Bank of America, do not miss this limited-time offer to get the help you need by in… Continue Reading The Bank of America Short Sale Relocation Assistance Program

In Phoenix there seems to be alot of confusion for home owners with VA loans as to whether or not they can do a short sale. The answer is yes. I just recently assisted two homeowners, with VA loans, in the Greater Phoenix area, complete short sales. Those home owners have now avoided foreclosure and they should be able to buy a home again in two years if they rebuild their credit during those two years.

I believe part of the confusion lies in the VA guarantee; home owners think they have t… Continue Reading Can I do a Short Sale if I have a VA Loan?

Many home owners are not aware of how a short sale would affect their ability to purchase a home after the short sale transaction of their current home closes.
The waiting period is not as long as many would think and in some cases, it could be even shorter than most lenders would lead on.
There are many factors which come into place when a home buyer is having to qualify for a home loan or mortgage. Often, one of the more critical aspects of the process for a home buyer, aside from ensuring … Continue Reading How Fast Can I Purchase a Home After a Short Sale