Navigating the current real estate market can be daunting but we pride ourselves in staying ahead of the market using the latest in technology and constantly educating ourselves to represent you in the Professional way our Clients have come to expect. As a Realtor for over 11 years as a trans-planted Arizonian, I’m committed to staying current with what’s happening in the Phoenix Metro area and Maricopa County. I’ll provide you with insights and updates on the area’s real estate news and current market conditions by interfacing with you and others using your choice of popular social media channels and networks.

As the Top Producing Agent at RE/MAX Mosaic Properties, our Team will guide you whether you are buying, looking for the inside track to homes not yet on the market or needing to sell your home. Every client is unique and we will treat you that way to achieve your goals. Please contact us for a free, no obligation phone or in person meeting to share your needs and we will develop the best plan for you, moving forward.

The people you are dealing with at your mortgage company are highly trained professionals; you are not. You should have professionals with certified training in fighting foreclosures represent your interests. And this representation is available at NO COST TO YOU. Let our years of successful experience fighting foreclosures come to your aid. We are Arizona, Licensed Real Estate Professionals who are certified in different areas of foreclosure prevention programs.

Please, contact us for a no-obligation consultation. Ask about our Foreclosure Prevention Program and see if you qualify for the Federal Government’s HAFA program and its $3,000 relocation assistance and $6,000 second mortgage payoff options. Contact us now as this program will end soon. It costs you no money to fight foreclosure and to have Professional representation on your side.

Everyone has heard the term “short sale”, but not everyone truly understands what it is and how it works. To be very, very general, a short sale allows you to sell your home even though you owe more than it is worth.

In a short sale, the amount owed to the lenders is more than the home can be sold for. In a typical situation, the homeowner would need to bring in the difference owed in order to sell the property. A short sale is different.

In a short sale, we negotiate with the lender to accept less than the full amount owed to satisfy t he debt, allowing it to be paid off “short”. In a short sale, all of the fees involved with selling a home are paid by the lien holder (bank) and there is not any out of pocket expense for you (the seller).

By accepting the short sale, the lender is able to avoid t he lengthy and costly foreclosure process, and the client is able to save their credit from a public record.

Lenders Are Approving Short Sales At An Increasing Rate – Call Us Today To Learn The Benefits

• Are you behind on mortgage payments or may be soon?
• Has your income been reduced by a lost job or less pay?
• Do you have an adjustable rate mortgage – and when it adjusts the payment will go up?
• Is your mortgage higher than the value of your home?
• Have you suffered from an illness or death in the family?
• Are you paying your bills with credit cards – depleting savings – selling “things”?
• Are you self employed or an independent contractor who has suffered loss of income?

Our services won’t cost you a penny!  Our fee and most all your closing costs are paid by your Lender.  We understand the financial difficulties and design our services to help homeowners find a solution to their mortgage problem.  Below is a partial list of the services we offer:

• We help you avoid foreclosure and eviction
• Act as the liaison between you and your Lenders
• Provide you and your Lender with all the proper documents to expedite the sale of your property and minimize damage to your credit
• Aggressively market your property through the Internet and hard copy advertising
• Help you to sell your home and leave it with dignity – we don’t hang “SHORT SALE” riders on our signs – to advertise to your neighbors – unless you request us to do so
• We refer a credit reparation professional to help you restore your credit so that you can be in a new home sooner than you may think possible

5 Ways To Stop, Avoid or Postpone Foreclosure in Arizona

1.  Loan Modification

One thing you’ll see a lot about in today’s market are loan modifications.  Banks are encouraged to take steps to modify for borrowers before they pursue foreclosure.  It’s in their best interest after all.  In this case, homeowners negotiate with the lender to get a lower monthly mortgage payment.  This can be done by modifying the principal balance or the interest rate on the outstanding loan.  Check with your lender for details. READ below:

* AKA “an accelerated collection process” for the Lender! If the Lender approves your Modification (2.4%), it is a typically for a trial period only; usually 3 months and they will re-evaluate after this period if they wish to continue with this payment plan.

• Benefit: Reduces the payment a homeowner is required to make on a monthly basis and may reduce the principal balance of the loan
• Drawback: Requires that a homeowner ‘qualify’ for the new payment and will often require full documentation. Lender has to be actively pursuing modifications.

2.  Home Affordable Foreclosure Alternatives Program (HAFA)

Homeowners who qualify for the HAFA Program can sell their homes under pre-approved short sale terms and receive a cash incentive of $3,000 to apply toward relocation.  You can find a lot of information on various modification programs such as HAFA online.

* Verify with your Lender if they participate in this program. We can contact your Lender on your behalf and begin the process.

3.  Short Sale

With lender approval, the home is sold in a short sale at an amount less than what is owed on the existing loan.  Short sales are now being approved for a variety of reasons under a lot less scrutiny.  Moreover, many banks and lien holders are offering financial incentives up to $30,000 for a successful short sale transaction.  Check with your lender to see if you qualify today.  Just be aware that short sales can take much longer than traditional sales and banks will want a lot of financial information and paperwork and will want updated copies on a regular basis as the loan is processed.

* Many homeowners not only do not open their mail from the Lender, they are scared to call them. We can contact them on your behalf to begin this process or any options you choose or are considering.

• Benefit: A short sale allows the homeowner to avoid foreclosure and salvage some of their credit rating. This also keeps foreclosure off the individual’s public record, and in many cases will allow the homeowner to avoid a deficiency judgment. Borrower may qualify for another mortgage in as little as 24 months (as opposed to five years for a foreclosure).
• Drawback: Short sales can be a trying process in which a homeowner is best served by contracting with a qualified real estate agent to guide the way.

4.  Reinstatement

In this instance, the homeowner pays the total amount owed to bring the mortgage payments current, including all overdue payments.  To obtain lender approval for reinstatement, the homeowner must be able to prove to the lender that funds are available for repayment and the amount in arrears will be made current within a short amount of time.  Some lenders will negotiate up to 24 months for reinstatement.

* If this seems like a viable option for you, please read # 5 below as the terms can be much more manageable for the homeowner.

• Benefit: Does not require the mortgage company or lender’s approval.
• Drawback: Requires that a homeowner be able to pay all back payments, fines and fees.

5.  Forebearance or Repayment Plan

In this case, the homeowner negotiates with the lender to repay the amount in arrears over a specified period of time.

• Benefit: Allows the homeowner to make back payments over time.
• Drawback: Requires that a homeowner be in a financial position to pay not only their current mortgage, but also a portion of the back payments owed. Some mortgage companies will require a homeowner to ‘qualify’ for forbearance.

“We really appreciated all your hard work…. you really go above and beyond the call of duty. We hope you will be available in a couple of years when the kids come along and we outgrow this house.”

Kelly & Rob

“What a difference having an experienced agent really makes. We especially appreciated the time you took to educate us at every step in the process. It actually made selling our home as a short sale quite stress free. Thanks for your guidance and working with both our Lenders, Bank of America & Wells Fargo. We will recommend you to all our friends and colleagues looking for a quality agent who gets the job done and cares about her customers.”

Chad and Brianna C.

“Thanks for making a truly traumatic experience tolerable and helping sell our home in such a painless and efficient manner. After speaking with three real estate agents prior to being introduced to you, there isn’t a doubt in my mind that I made the right choice. My living out-of-state made it even that more difficult for you and I appreciate your patience as we went through the offers and negotiations. I wouldn’t hesitate to recommend your expertise, knowledge and enthusiasm to anyone that might need your services and if we ever consider buying property in Gilbert again you will be the first person I call.”

Lori K.

“Thanks a bunch for taking care of another Canadian! We appreciate your guidance and finding the perfect home for our needs….negotiating the price down after the seller’s initial stance was  well done on your part…you were HIGHLY recommended and we now know why. Thank you friend,

Gordon & Kathy
Vancouver B.C.