Short Sales and Foreclosures
The Long Realty Short Sale Resource Center provides you helpful information on short sales, the short sale process and how to search for short sale properties. Articles are provided by the Long Realty Short Sale Resource Group, a collaboration of Long Realty agents and managers with an expansive knowledge of short sales.
What Our Clients Are Saying
Enough of facts and figures. It seemed the appropriate time to let you know what Long Realty clients are saying about us in relation to short sales.
“Our decision to short sale was very stressful…. We researched, weighed our options and had to find a Realtor that could handle our situation. We found an agent whose website profile impressed us. Her expertise, patience and perseverance, far exceeded her profile…. she consistently keep the process from stalling out. What a joy it was to have a caring person taking care of us through an emotionally charged process.” Mike & Willi Read full article
Short Sales and Bank Owned Properties
“Short sales” and bank owned properties can present buying opportunities. Be aware though that purchasing these types of properties will require additional approvals from the property owner's lender(s), and therefore often lengthen and complicate the transaction process.
Short Sale / Pre Foreclosure
A “short sale” is a real estate transaction in which the sales price is insufficient to pay the loans(s) encumbering the property, in addition to the costs of sale, and the seller is unable to pay the difference. The approval of the seller’s lender(s) is required for the sale to proceed.
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Foreclosure / Bank Owned Properties
The legal process by which a lender or creditor exercises its legal rights to sell the property which was security for its loan at public auction and the owner's rights are terminated. Bank Owned Properties are those properties where the property was acquired by the former owner's lender after such an auction.
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New Listings of Arizona Foreclosed Homes
Before using this service, consider the following information. Long Realty Company is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.
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