Arizona adds Short Sale Advisory

The Arizona Department of Real Estate is endorsing a new Short Sale Seller’s Advisory prepared by the REALTORS of the State. For a copy click Short Sale Seller’s Advisory where you will find multiple links and great advice for anyone who is looking to sell for less than they owe the bank on their mortgage loan.

The Prescott Quad-Cities, as well as the rest of the State of Arizona, needed the information made public to protect the consumer. The REALTORS of Arizona have delivered.

If you are looking to sell or buy under a short sale, you should check the link and beware of the mortgage scams and mortgage fraud that is going around.

We strongly advise that you talk to your accountant or lawyer before deciding on what to do with your property if you owe more than the present value. These are serious decisions with far reaching consequences. A mistake can be very costly.