Short sales are back in Arizona and most agents have no idea how to handle them.
Mortgage delinquencies have been climbing for over a year across the Valley. Rising insurance premiums, property taxes, and payment resets are forcing homeowners with little to no equity into a corner. For a growing number of them, a short sale is the only path that avoids foreclosure.
If you're a seller in Peoria, or the West Valley facing this situation, you need an agent who knows the exact documents required. Hardship letter. Two years of tax returns. Bank statements. Purchase contract. Proof of funds. Missing one signature can delay everything by weeks. And if you're a buyer, short sales are about to become opportunities most agents will avoid because they don't understand the process.
My take? As financial pressure builds across the Valley, more homeowners will need this alternative. I know the process and I can walk you through every step without the confusion.
DM me directly and I'll send you the full breakdown.