Why Scottsdale Homeowners Facing Foreclosure Should Consider A Short Sale

If you live in Scottsdale Arizona or any of the surrounding areas and find yourself buried under your mortgage, the short sale process may be of interest to you.  A Certified Short Sale Arizona realtor can explain every detail, so that you can decide if this may be the answer to your problems.  Loss of a job, divorce, a death in the family and other factors can affect your life and your financial situation much more than you realize.  If you are falling behind in your mortgage, do not wait – time is of the essence!

 

Foreclosure is an ugly word and an even uglier reality of life.  When you can no longer pay your mortgage and go the foreclosure route, it affects your life for years to come.  Your credit will be totally ruined; you will not be able to purchase another home for at least 5 to 7 years.  On top of that, many people want to avoid the stigma that often comes along with losing a home.

 

An experienced and reputable Phoenix short sale  real estate agent can help you understand the short sale process so that you can determine if it may be the right course of action for you.  The process can be lengthy, but with the help of a knowledgeable realtor it will be much quicker.  A professional will assist you with every aspect of the process, and help locate the perfect buyer for your home.

 

Scottsdale residents who can no longer afford their mortgage need to understand how a short sale works.  First of all, your lender will most likely be willing to work with you because they really don’t want an empty property – they would rather have money, even if it is not the full amount you owe on your mortgage.  They can then mark the property as paid, instead of having an empty home sitting on their books.  Once a buyer is found, your lending company will need to determine if they are willing to take the amount offered for your home.

 

A short sale will affect your credit adversely, but not to the extent that foreclosure does.  You will most likely be able to purchase another home within 2 years and in some cases right away, instead of waiting 5 to 7.  When you sell your home, you will be able to honestly tell anyone who asks that you sold your home – and not have to tell them that you were foreclosed upon.  .

 

If you own a home in Scottsdale and feel things are getting beyond your control, or will be with your next mortgage adjustment, contact a highly respected Arizona realtor with vast knowledge of the short sale process.  Right now, the future may look bleak and you may feel there is no way out.  Thankfully, there may be a brighter tomorrow on the horizon. 

Maureen Karpinski

Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

About the Author

Maureen has been in the real estate industry for 36 years as an agent and broker/owner of her own company. She prides herself in successful negotiation for both buyer and sellers and in building successful portfolios for investors. She is proud of her Agent friendly office environment that is her own creation and the caliber of real estate agents she has working for her

Scottsdale, Arizona Million Dollar Luxury Real Estate For Sale – Silverleaf Golf Course

Fairmont Scottsdale $159 Fairmont Scottsdale > PHX > 7575 E Princess Drive > Scottsdale > AZ > 85255>Location. The Fairmont Scottsdale stands at the foot of the McDowell Mountains in north Scottsdale, Ariz. This property is located two miles from the Cracker Jax Family Fun & Sports Park. Hotel Features. The Fairmont Scottsdale is surrounded by 450 acres of sun washed desert. Hotel dining options include Bourbon Steak which serves natural, organic and hormone free beef cooked over a wood burning grill. LV Bistro prepares Southwestern style meals. La Hacienda specializes in gourmet Mexican fare. The Stone Rose Lounge features signature cocktails. The Grill clubhouse restaurant overlooks the 18th hole of the PGA rated TPC golf course. The hotel includes access to two 18 hole championship golf courses, a fitness center, five outdoor pools, rental cabanas, spa tubs, tennis courts and a children’s water park with slides. Lawn sports include bocce ball, badminton, volleyball, basketball, croquet and miniature golf. A complimentary fitness center houses cardiovascular and weight training equipment, yoga balls and free weights. The tri level Willow Stream Spa offers a rooftop pool, a lounge with a fireplace, a second fitness center for a fee, saunas and steam rooms. Treatments range from American Indian inspired purifications to sports massages. A complimentary kids’ club offers supervised activities for children ages five to 12. Teens are offered access to a private music room, Xbox stations and a cyber café. Guestrooms. This property offers 649 guestrooms and casitas decorated in Southwestern style enhanced with regional artworks. Accommodations include balconies or patios, marble tables and walk in closets. Beds are dressed with 600 thread count Italian Frette linens. Spanish Colonial style casitas offer elevated beds, sofa beds, gas fireplaces and French press coffeemakers. Refrigerators are available upon request. High speed Internet access is available for a fee. Expert Tip. Arizona’s climate appeals to travelers, especially golfers, from around the globe. The Willow Stream Spa recognizes this and offers signature golf performance and jet lag massage treatments.>The preferred airport for Fairmont Scottsdale is Phoenix, AZ (PHX Sky Harbor Intl.) 25 km / 15.5 mi. Distances are calculated in a straight line from the property’s location to the point of interest or airport and may not reflect actual travel distance. Distances are displayed to the nearest 0. 1 mile and kilometre.

The Scottsdale Resort $104.86 The Scottsdale Resort > PHX > 7700 E Mccormick Pkwy > Scottsdale > AZ > 85258>Location. The Scottsdale Resort is located in a Scottsdale, Ariz., residential neighborhood. This property stands four miles from The Borgata shops and less than five miles from Old Town Scottsdale. Hotel Features. This secluded resort features a lobby graced with original artwork and floor to ceiling windows that frame the surrounding desert terrain. Resort dining venues include the rustic, Spanish style Palm Court. Candlelit ambience establishes the mood for dinner service that features favorites such as Maine lobster. Vista Verde’s linen draped tables are set with chinaware. This restaurant serves buffet style breakfasts and lunches, and offers dinner menus. Sangria’s Lounge serves appetizers, beer, wine, cocktails and signature sangria. A staffed business center houses two computer stations and offers fax, print and photocopy services for a fee. A total of 50,000 square feet of function space accommodates events. Internet access is complimentary in public areas. A complimentary, limited hour fitness center contains saunas, spa tubs, free weights, and cardiovascular and weight training equipment. Four lighted tennis courts, and volleyball and basketball courts offer recreational options. Two golf courses are adjacent to the resort. Lounge chairs and umbrellas line the two outdoor pools’ sundecks. Amansala Spa offers treatments including Swedish, Hot Stone, aromatherapy and sports massages. Guestrooms. The three story Scottsdale Resort offers 326 guestrooms with views of the golf course, pool or garden. Accommodations feature old world Spanish ambience with antique style furniture and wooden window shutters. Beds are draped with 300 thread count sheets and pillowtop mattresses. Marble clad bathrooms feature separate vanities. All accommodations include minibars and coffeemakers. Guestrooms also feature wireless Internet access (included in the resort fee) and HDTVs.Expert Tip. This resort’s Spanish flair extends to the dining experience, where classical Spanish guitarists entertain nightly at the Palm Court.Notifications:There are no room charges for children 12 years old and younger who occupy the same room as their parents or guardians, using existing bedding. The resort fee is included in the room rate paid at time of booking. Additional fees and deposits may be charged by the property at time of service, check in, or check out. Pet deposit: US$ 150 per stay>

Resort Suites of Scottsdale $89 Resort Suites – Scottsdale’s only full service condominium resort is located in the heart of North Scottsdale, just minutes from the area’s best golf courses and restaurants

Millennium Resort Scottsdale McCormick Ranch $89 Millennium Resort Scottsdale McCormick Ranch > PHX > 7401 N Scottsdale Rd > Scottsdale > AZ > 85253>Location. The Millennium Resort Scottsdale McCormick Ranch faces Camelback Lake in Scottsdale, Ariz. This property stands adjacent to championship golf courses. Old Town Scottsdale is located two miles away. Hotel Features. A sunken lobby lounge, furnished with leather club style chairs, affords views of Camelback Lake through expansive windows. Dining options include the mountain and lake view Piñon Grill that serves contemporary Southwestern cuisine. Diamondbacks Bar and Grill prepares casual fare and hosts live entertainment. Cool Coyote Cabana Bar serves sandwiches and refreshments at the resort’s outdoor pool. A business center houses two computer stations and offers fax and print services. Complimentary wireless Internet access is provided in public areas. A total of 10,000 square feet of function space accommodates events. A complimentary, 24 hour fitness center contains treadmills, stair climbers and weight training equipment. This lakeside property offers kayaks, canoes and sailboats which are included in the property’s resort fees. The property includes volleyball and lighted tennis courts. Guestrooms. The Millennium Resort Scottsdale McCormick Ranch offers 125 southwestern style guestrooms and 51 two and three bedroom villas decorated in sunset hues. Accommodations extend onto balconies or patios with lake, mountain or courtyard views. Guestrooms contain refrigerators and coffeemakers. Villas provide full kitchens. High speed Internet access is complimentary. Expert Tip. This resort offers complimentary shuttle service to the Gainey Ranch Spa, located two miles away. Spa fees apply.>

2br – Top Scottsdale Vacation Rentals $140 This modern masterpiece is set right in the heart of Scottsdale, AZ. If you are looking to get the true ?Scottsdale Experience? look no further. This ground floor Townhouse features two bedrooms, and is located on Camelback Rd just one block from Scottsdale…

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