Short Sale vs. Foreclosure – What’s the Difference?

Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Phoenix AZ? In simple terms, “a foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you … Continued

How to stay in my home after foreclosure in Phoenix

A recent study estimates that 47% of foreclosed properties are still occupied. What most people don’t realize is that banks aren’t in the business to own homes. Instead, they are in the business to loan people money. When the bank has to foreclose on a house, they are forced to own the home until they’re … Continued

We buy houses in Phoenix companies – are they credible?

You’ve probably seen billboards around Phoenix that advertise companies that buy houses. They probably say things like “We Buy Phoenix Houses!” or “Cash For Your House”. Are these “‘we buy houses in Phoenix‘ companies” credible? How do you know if local house buying companies out there are honest and credible? They often all look the same at the start. … Continued

Selling My House for Cash in Phoenix

Should you take a cash offer for your Phoenix house? Not always. I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer and when you shouldn’t say no. Selling My House For Cash In Phoenix If you’re selling a property in Phoenix to an end buyer who will be living in … Continued