Still Under Water in El Mirage? Consider a Short Sale.
By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Distressed properties - those that are "under water" where more is owed on the property than will be available from the proceeds of a sale of the property - are thankfully far fewer than during the crash during the latter years of the previous decade. Still - some do exist - and Short Sales are still a viable option when faced with a "must sell" scenario of an "under water" property. Currently running at less than 3% of the closed transactions every month in our MLS, homeowners in that 3%, whether in El Mirage or another part of the valley, can still use our help. The first step is to contact us so we can schedule a complimentary confidential consultation to discuss how the short sale process works, and the considerations for your particular circumstances. Careful up front planning is...
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