Short sales are many homeowners best option to avoid foreclosure, which is why these lender-approved deals are at record levels in metropolitan Phoenix.
But sellers considering short sales should know all their options and the credit and tax ramifications from the deals first. That’s why the Arizona Department of Real Estate worked with industry experts across the state to produce the new Short Sale Seller Advisory.
Besides defining what a short sale is, the advisory provides a check list of what homeowners should consider and do before going through with one.
"The Short Sale Seller’s Advisory is an invaluable step-by-step information tool for …