More On Arizona Short Sales
I’ve had an unbelievable number of people call me, both from Arizona, as well as other states, looking for help with selling their home in a short sale, or asking me more about the process. For those who may have missed it, you can see my Arizona Short Sale Help stuff here. Also, I’ve had a lot of questions about what forms & such are necessary for a short sale. Here is a list of Short Sale Documents that are applicable in any state in the union. Again, if you need a short sale specialist in Arizona, you may contact me. If you need a Realtor in another state for a short sale, I have a list of great referral agents. Just drop me a line, and I’ll find the right agent for you and your situation.
July 6, 2008 at 5:52 am
You never wrote in any of your articles what affect a short sale has on your credit vs a foreclosure. Also I heard somewhere that the remaining balance I can be taxed on??? If both of these are true than wouldn’t it just make more sense for me to foreclose on my house. I bought it a year ago and already it’s worth 40,000 less that what I purchased it for. It makes no financial sense for me to keep this property what so ever. I left my job due to a huge paycut from the limited car sales our dealership has been producing, just like any other dealership out there. I have been unsuccessful in finding a new job so therefor I have no choice right now. I just don’t know what to do because I have nearly a 800 credit score and would hate to lose my perfect credit. My house is financed through the same company as my vehicle GMAC. I’m not late on any payments but I am now practically broke!!! Please Advise!!!!