A question we get constantly is “why don’t the banks respond to short sales in a timely manner when there are offers on the home and buyers interested in buying the short-sale properties.”
Today’s New York Times ran an article that may help shed some light on this situation.
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arizona short sales
If you are a home owner facing foreclosure this is important new information just released from the Arizona Department of Real Estate.
(Latest Update – article in Arizona Republic dated 7/30/09)
(Latest Update — article in Arizona Republic dated 7/26/09)
SB 1271 – Anti-Deficiency Law Change
One of over 200 bills pushed through the legislature in less than a [...]
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arizona anti-deficiency laws,
arizona foreclosed homes,
arizona short sales,
arizona trustee sales
In one of our earlier posts we reported how investors are gobbling up foreclosures in the Phoenix real estate market. While this trend continues, there is more speculation that not all pre-foreclosures being held by the banks are making their way back into the market in a timely way. In a June 23rd Arizona Republic [...]
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arizona foreclosures,
arizona short sales