I Don’t Want to List Your Home for Sale

Jonathan Dalton

Jonathan Dalton is a 40-plus-year resident of the Valley and has been helping folks buy and sell homes since 2004. He can be reached at 602-502-9693 or info at allphoenixrealestate.com.

2 Comments

  • Bergen County Real Estate 7 years ago

    Jonathan:
    Good point. I think there are two reasons that semed better to shortsale. One is that a short sale is a slightly less hit on your credit score. Two, if the owner is shorting because of the market decline mainly, and a raising arm then they can sell on a short and possibly establish their credit in 2 years and buy another property with a low interest rate and lower price. Fannie and Freddie hold a 2 year prohibition on a short sale and a 4 year prohibition on a foreclosure. I had many people who are gainfully employed just underwater on their equity and their interest rate and can’t refinance.

  • Jonathan Dalton 7 years ago

    I agree, Richard … there are valid reasons to do go the short sale route but as a potential lister of the property I want to make sure the owners have considered the ramifications of a short sale, as it’s not always the best solution for everyone.

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