Tucson Real Estate

terra antigua realty logoHighly Experienced and Highly Educated Professional Short Sale Real Estate Agents serving Tucson, Oro Valley, Marana, Vail, Sahuarita and Green Valley.

 

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Chris Pendleton

and

Shannan Marty

Associate Broker - Realtor®, ABR®,CDPE, CSP, CNE, CSSN, SFR, a-REO, PSC

What is a short sale?

 

Hi Chris Pendleton here, Associate Broker with Tierra Antigua Realty in beautiful metropolitan Tucson Arizona.  Today I am here to talk with you about Tucson Short Sales.  We are one of the top short sale realtors that specialize in Short Sale in the metropolitan area.  We do Tucson Short Sales, Oro Valley Short Sales, Sahuarita Short Sales, Green Valley Short Sales, Marana Short Sales and Vail Short Sales.


We are highly experienced Tucson Short Sale Realtors.  We have more experience and education than most realtors.  We are a Certified Distressed Property Expert, Certified Short Sale Professional, Certified Short Sale Negotiator, Pre-Foreclosure Specialist, and HAFA Specialist.


A question we get a lot is 'What is a Short Sale?'  A short sale is basically selling a home for less money that what is owed.  This short selling a home for less than what is owed takes the approval of the sellers lender.
The second question we get is 'Why would a lender agree to a short sale?'.  Quite simply most lenders have figured out that they will lose less money or net more money at the end of the day in approving a Short Sale versus foreclosing on the home, becoming the owner, paying the HOA, maintenance, utilities, and taxes.  So they lose less money in approving a short sale.


This approval of the sellers lender takes time.  Our record is 2 days to secure short sale approval, and we have gotten approval on a couple of files in two weeks.  However, most files take somewhere between 30 and 90 days, with 60 days as being the average.


It is important to work with a highly experienced Tucson Short Sale Realtor if you are facing foreclosure.  So visit our website today at www.tucson-short-sale-pros.com for more information on Tucson Short Sale Realtor, Oro Valley Short Sale Realtor, Marana Short Sale Realtor, Sahuarita Short Sale Realtor, or Green Valley Short Sale Realtor.