www.AzHomeHelp.com Helping Arizona Homeowners Avoid Foreclosure..

PRESS RELEASES


Scottsdale Arizona Short Sales Popularity Growing…

Scottsdale, AZ, 7/15/2009

Scottsdale Arizona has seen quite a few real estate market changes over the past few years and one of the growing trends right now is short sales. A short sale is when a property is sold for less than the outstanding mortgage balance and the bank agrees to take less in order to close the deal. We spoke with local Scottsdale short sale expert and licensed agent Sean Bonini about the state of the Scottsdale short sale market.

“Scottsdale is an amazing city and a fantastic place to call home but has been susceptible to wild real estate market swings just as the rest of Phoenix.” Stated Sean. “Even affluent Scottsdale home buyers have seen a drop in their home prices and considering the current economy it’s not always feasible to continue to pay a mortgage on a property that has lost 30% or more of it’s value. We are seeing an increase in the number of calls we are getting from homeowners who are underwater in their home and right now their main concern is trying to avoid foreclosure.”

“There are currently about 4800 active Scottsdale homes on the market and about 950 of those are short sales. That makes 20% of the active listing homeowners just in the Scottsdale real estate market alone that are underwater, or owe more than their property is worth and are actually trying to do something about it. These numbers don’t take into account the large number of people that just let their property go into foreclosure, which is about the worst thing they can do.” Said Sean, pulling stats from the Arizona MLS.

“What we try to do is explain all of the options available to the homeowner so they can see that burying their head in the sand and just letting the property go is not the way to go. Very few people end up qualifying for a loan modification and about 50% of those that do end up not paying after the first 6 months anyways so it’s usually best to try the short sale route. Banks are becoming much more receptive to short sales and they are an excellent way to write off those large discrepancies between your balance and your current property value. Plus, we can usually get our clients back into the purchase of a home after just 24 months.”

Love ‘em or hate ‘em, it looks like short sales are here to stay – and are becoming much more common, even in higher-end areas. Before considering a foreclosure or a short sale, please speak with a professional regarding your situation.

Contact information:

Sean Bonini
Associate Broker, Arizona Realty One Group
www.AzHomeHelp.com
(480) 241-4406 Direct



FOR IMMEDIATE RELEASE

Scottsdale AZ Luxury Home Short Sale numbers growing...

Scottsdale, AZ, 6/4/2009 - When many of us think of short sales, REO's, foreclosures, etc. we usually think of Arizona homes for $50,000 or $75,000 as the Phoenix Homes median price is much higher than that and Scottsdale Az Homes median pricing has been over $350,000 for the past few years.  But more than ever we are finding Scottsdale homes and Paradise Valley homes also taking a tumble with pricing dropping and more affluent buyers willing to call it quits to get out from under the falling prices.  Paradise Valley Homes median pricing is about 1.74 million and Scottsdale Homes fall right around the $250,000 mark.

At these higher median pricing, surely there are less short sales and foreclosures in the Arizona luxury home market, right?  "Actually, I'd say that over 60% of my current clients are Scottsdale or Paradise Valley homeowners in what we would consider the luxury home market" stated Sean Bonini, associate broker with Arizona Realty One Group and a short sale specialist.  "When a $250,000 property drops 20% in price that's a 50k hit which is a lot but when a 2.5 million dollar property drops 20% that's half a million dollars gone.   The banks usually take a similar stance as well - as long as the property is sold for around fair market value and all the t's are crossed and i's are dotted then we can get the deal done."

No matter what you paid for your home or what it's current value is, there are options for you to avoid foreclosure.  Sean's team can be reached at (480) 241-4406 or www.AzHomeHelp.com so feel free to contact him for a free consultation.

 

FOR IMMEDIATE RELEASE

Arizona Short Sales - The new exit strategy?

Scottsdale, AZ, 4/7/2009So, you owe more than your home is worth?  You are not alone!  With thousands of Valley homeowners facing the same issues, what options do you have if you have to move?  Not many unless you have the cash to make up the difference.  But a local valley real estate agent sees a way to get you out from under that mountain to make way for better days ahead.

"We are quickly seeing short sales becoming the newest strategy for homeowners upside-down in their homes" said Sean Bonini, as associate broker with Realty Executives and local short sale specialist. "Banks are becoming much more receptive to the idea and over the past few years we have put together a system that works!  We  plan to close over 85% of our short sale listings this year with our system as compared to other agents who avoid short sales altogether."

Is a short sale for you?  Consider all of your options and call in an expert for help.  Take the steps today to protect your interests tomorrow.

For More Information, Contact:
Sean Bonini, Associate Broker
Office: (480) 241-4406
Fax: (480) 304-9101

 

FOR IMMEDIATE RELEASE

Scottsdale Luxury Homes take a hit as real estate market continues decline.

Scottsdale, AZ, 1/2/2009The Scottsdale real estate luxury home market has taken quite a fall lately as it seems even the luxury market is not immune to the nation's real estate crisis.  With home prices falling at a rapid pace even high affluent areas of the country like Scottsdale Arizona are feeling the squeeze.

"I receive 2-3 calls per week from Scottsdale homeowners who are upside-down in their home." said Sean Bonini, an associate broker with Realty Executives Paradise Valley who specializes in helping homeowners who owe more than their home is worth.  "Usually the best thing for them is to let us help them do a short sale."

A short sale is when more money is owed on the home than it is worth and the bank agrees to accept less than what is owed in order to avoid foreclosing on the property.

"We are consulting clients who paid 1.2 million for their home a few years ago but now face a market that values the home around $800,000.  With outstanding mortgage balances of around $950,000 their best option is usually a short sale" said Sean.  Unless the homeowner wants to come up with the $150,000 in cash  to make up the difference. "We don't see that too often.  We are having lots of success negotiating deals like this with the bank and it benefits all parties involved.  The homeowner can get on with their life and the bank doesn't have to worry about dealing with the time and costs of foreclosure which usually nets them much less money."

With no end in sight to the real estate decline its a sure bet that we'll continue to see homeowners faced with difficult decisions but it's good to know that there are options out there for all of us.

You can contact Sean at http://www.AzHomeHelp.com    

 

 

Arizona Short Sales - The new exit strategy?

Scottsdale, AZ, 4/7/2009So, you owe more than your home is worth?  You are not alone!  With thousands of Valley homeowners facing the same issues, what options do you have if you have to move?  Not many unless you have the cash to make up the difference.  But a local valley real estate agent sees a way to get you out from under that mountain to make way for better days ahead.

"We are quickly seeing short sales becoming the newest strategy for homeowners upside-down in their homes" said Sean Bonini, as associate broker with Realty Executives and local short sale specialist. "Banks are becoming much more receptive to the idea and over the past few years we have put together a system that works!  We  plan to close over 85% of our short sale listings this year with our system as compared to other agents who avoid short sales altogether."

Is a short sale for you?  Consider all of your options and call in an expert for help.  Take the steps today to protect your interests tomorrow.

For More Information, Contact:
Sean Bonini, Associate Broker
Office: (480) 241-4406
Fax: (480) 304-9101

 

FOR IMMEDIATE RELEASE

 

Scottsdale Luxury Homes take a hit as real estate market continues decline.

Scottsdale, AZ, 1/2/2009The Scottsdale real estate luxury home market has taken quite a fall lately as it seems even the luxury market is not immune to the nation's real estate crisis.  With home prices falling at a rapid pace even high affluent areas of the country like Scottsdale Arizona are feeling the squeeze.

"I receive 2-3 calls per week from Scottsdale homeowners who are upside-down in their home." said Sean Bonini, an associate broker with Realty Executives Paradise Valley who specializes in helping homeowners who owe more than their home is worth.  "Usually the best thing for them is to let us help them do a short sale."

A short sale is when more money is owed on the home than it is worth and the bank agrees to accept less than what is owed in order to avoid foreclosing on the property.

"We are consulting clients who paid 1.2 million for their home a few years ago but now face a market that values the home around $800,000.  With outstanding mortgage balances of around $950,000 their best option is usually a short sale" said Sean.  Unless the homeowner wants to come up with the $150,000 in cash  to make up the difference. "We don't see that too often.  We are having lots of success negotiating deals like this with the bank and it benefits all parties involved.  The homeowner can get on with their life and the bank doesn't have to worry about dealing with the time and costs of foreclosure which usually nets them much less money."

With no end in sight to the real estate decline its a sure bet that we'll continue to see homeowners faced with difficult decisions but it's good to know that there are options out there for all of us.

You can contact Sean at http://www.AzHomeHelp.com    

 


PRESS RELEASES DIRECT TO YOU!



Would you like our press releases sent directly to you before we send them to the local media?

Enter your email address below and we'll add you to our Press Release list so you can be the first one informed!

 

To:  Sean Bonini
Subject: 

First Name: 
Last Name: 
Email: 
Phone: 
Comments: 


Short Sale Home  |  Arizona Short Sale FAQ's  |  Short Sale vs Foreclosure  |  Options To Avoid Foreclosure  |  Short Sale & Foreclosure Media  |  Avoid Foreclosure Scams   |  Short Sale My Home Now  |  Featured Short Sale Homes  |  Realtor FAQ's  |  Press Releases  |  Short Sale Testimonials  |  Short Sale Reports  |  Short Sale Realtor Info  |  Buying Short Sale Homes
Contact Us
 

Privacy Policy  |  Site Map  |  Profile  |  Sign In

Choose language: