Short sales are back in the Phoenix Valley. And most agents have never handled one.
Mortgage delinquencies have been climbing for over a year across Arizona. Rising insurance premiums, property taxes, and payment resets are pushing homeowners with little to no equity into a corner. For many, a short sale is now the only path to avoid foreclosure.
The process has changed completely since the last crisis. No more faxed files or lost documents. Lenders now use electronic platforms where you can upload everything, track milestones, and get approval in under a month. Most delays today come from incomplete packages, not lender timelines.
But here's what matters most: you're meeting someone in crisis. They need to be heard before they're ready to move forward. A complete package includes a hardship letter, two years of tax returns, bank statements, purchase contract, and proof of funds. Miss one piece and you're starting over.
As financial pressure builds across the Valley, more sellers will need this alternative. I know the process and can walk you through every step without the confusion.
DM me directly and I will personally walk you through what to expect.
