The last year at a glance for Zip Code 85739...This shows the comparison of Sales Price to List Price, and the Average DOM (Days On the Market) in Zip Code 85739 for the last year.Click on the graph
A great website that I have used in the past is www.crimereports.com. You can enter in the address of the home you are considering and the recent crime statistics will pop up. It is a great resource!... more
I am sorry that I can't give you direct advise. But we haven't seen many loan modifications work unless there is a 3rd party involved. I suggest a real estate attorney. be careful there are some interesting scams out there.
Best of luck,
Before you put them in your car you have to know what they need. Then find out what they want and if they can actually close. Spend some upfront time on the phone and virtually- showing them some properties. Get to know the areas that work for them and why they are the areas that meet their needs. You will find that you will show a lot less homes and end up with much happier buyers in the end. You will also be able to eliminate lookers and focus on true buyers. The more you know the better you can serve.... more
Yes, the bank can get a deficiency judgement and attach the other home if they chose to.
You may want to consult an attorney who would negotiate with the bank and make sure that they do not come after you.... more
If you were to approach the mortgage holders about accepting a deed in lieu of foreclosure, as a
simpler and cheaper and less-harmful-to-your-credit way of accomplishing the same thing as foreclosure, which is your last (and least favorable) option. Of course, you want to be in personal contact with your mortgagees (talking to a live person, not just paying your bills) for at least a few months before that so they know what is going on, and can anticipate that you are doing your best to sell the house, and can maybe even help you out of the jam in one way or another. They usually don't like to foreclose, either; it's messy and expensive. However, a lender is not obligated to accept a deed in lieu of forclosure, If it would be disadvantageous to accept the deed, the lender can refuse the deed and proceed with the appropriate forclosure action against the borrower.... more
When you say that you have property in Arizona, I believe you mean to say that you sold property in Arizona and you are carrying the financing for the buyer. The buyer has stopped paying you and abandoned the property. In order to foreclose and regain ownership of the property you should consult an attorney. You are talking about a specific legal process in which several steps must be followed as set out in statutes in order to protect the mutual rights of buyers and creditors.
Good luck.... more
I went ahead and emailed you a Comparative Market Analyisis regarding your property in addition to some suggestions if you do decide to sell your home.
Feel free to contact me with any further questions!... more