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Phoenix Real Estate and Homes for Sale | Jonathan Dalton, Realty ONE Group – (602) 502-9693

Jonathan Dalton
ePro, SFR

Short Sales

Racing Short Sales to the End of the World

So many questions enter a person’s mind when they consider the world’s supposed to come to an end in a couple of days … Does it matter if I cover the plants tonight for the freeze warning when they’re going to be thawed and incinerated on Friday? Was it a wise idea to but that McLaren with the idea to drive it as hard as possible for two days and not have to worry about payments? Zero down, same as cash as we all turn to ash!! Is it worth taking the time to wrap those last Christmas presents in […]

Short Sales, Foreclosures and a Sense of Urgency

Saturday afternoon I received a call from someone facing an impending foreclosure who wanted details about a short sale. “Should I contact the lender,” he asked. “Absolutely,” I said. And by the way, when is the trustee’s sale scheduled? “Thursday.” As in, this Thursday. As in five days away. And the seller just now was trying to figure out whether to short sell, file bankruptcy or just surrender. The saddest part of all? He’s not alone. Far too many people ignore the problem for as long as they possibly can and only when it’s all to clear that their house […]

Big Short Sale News from B of A

Today in the inbox was a new message from Bank of America about its Short Sale Relocation Assistance Program. The long and short of it is qualifying sellers can apply to get their short sale through B of A pre-approved. If they go through the program and satisfy all the requirements, they could receive anywhere from $5,000 to $30,000 at the close (though these monies could be used to satisfy a second loan rather than going directly to the seller, depending on circumstances.) This program works similarly to the Home Affordable Foreclosure Alternative program; in fact, the up to $3,000 […]

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