Tucson, Arizona Real
Estate Broker.
  |
 "Short
Sale" properties: Options, opportunities and
considerations.
Birch
Realty is certified in the National Association of
REALTOR's "Short Sales & Foreclosure Resource"
education to assist Sellers in the sale of
short-sales property as well as to represent
Buyers to purchase homes. The
following checklists may prove helpful for
consideration if you are looking at this market --
selling or buying.
Contact
me, personally, to discuss your unique situation
or property.
Home Seller Considerations:
-
Valid hardship causing owner to sell...not
decline in market value alone
-
Property's value
-
Amount owed on the property and other
Liens
-
Sufficient Time to accomplish a Short Sale
-
Owner contracted with finance, tax and
legal professionals
-
Condition of the property
-
Cooperation with completion of the short
sale and showing the property
|
Home Buyer Considerations:
-
Pre-approved with a lender or cash buyer?
-
Willing to make a reasonable offer
-
Patience to possibly submit offers on
multiple properties before an offer may be
accepted
-
Realistic expectations of time-frames for
closing once an offer is accepted
-
Understand closing date can take months?
-
Willing to spend money for mortgage
application, inspections, attorney fees?
-
Practical about condition of the property
and that additional money may be needed
following closing
|
|