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Troy & Mia Erickson

"Your Home Team"
  • 1 Helpful Answer
  • 49 Answers
  • 11 Blog posts
Agent at Terra Solis Realty, LLC
Experience:
Residential Real Estate Agent for Terra Solis Realty, LLC January 2007—present
We specialize in Chandler (Price Corridor), Gilbert, Queen Creek, and the East Valley.…
Mortgage Broker for Globalwide Capital January 2004—June 2006
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Specialties:
We specialize in residential real estate. We concentrate in the East Valley, which includes Chandler, Gilbert, and Queen Creek. Most recently we have been ... show more
Certifications
& Awards:
ABR Designation
Effective Negotiating for Real Estate Professionals
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Interests:
Our family is big into motorized sports - no, not nascar. We like to ride quads ... show more
About:
My wife has been in real estate since 1994, and I have been in Real Estate since 2006. We enjoy the opportunity we have to work together to help others. ... show more
Testimonials:
"Hello we are Daniel Maples and Brianna Joyner. Let us start out by saying that we love our new home and you could too! We were desperate to find a house ... show more
Troy & Mia Erickson answered:
Mrs. Ozzy,

It sounds like you don't quite understand what a short sale is intended for. I would tend to agree with the previous comments that if you could afford to buy a new home while still owning your current home, you probably won't qualify for a short sale. Short sales are for people in distressed situations that can no longer afford to make their mortgage payment due to some hardship, and they owe significantly more than what they could sell their home for.

Your best bet if you really want to buy a new home is probably to continue to try and rent your current home, even if you can't get enough to cover your mortgage payment.

Several other agents have said it already - You should speak with an attorney about what you are trying to do before getting caught up in something you may not be able to do. - Yesterday, 11:00

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