Phoenix Arizona Real Estate PRIDE

Strategic Default / Short Sale / Foreclosure

 

 

  Since 2006 Arizona Elite Properties - AZhomes4u.com has specialized in assisting homeowners who are behind on there mortgage payments and facing foreclosure or are already in foreclosure. I can and WILL help you with your options, HELP you identify your options weather it's Short Sale, Strategic Default. Deed in Lieu or HELP you with Loan Mod. Let me Help you identify your options.

 

What Is A strategic default? (Video)

 

A strategic default is the decision by a borrower to stop making payments (i.e. default) on a debt despite having the financial ability to make the payments.
This is particularly associated with residential and commercial mortgages, in which case it usually occurs after a substantial drop in the house's price such that the debt owed is (considerably) greater than the value of the property — the property negative equity or "underwater" — and is expected to remain so for the foreseeable future, such as following the bursting of a real estate bubble. Such borrowers are called "walkaways."

This occurs when a homeowner is able to pay their mortgage but because they are underwater or simply sick of the level of deficiency they decide to stop paying. If you voluntarily walk away from your mortgage because you owe more than the home is worth, are you a bad person? Should you even care?

 

 

Why Should I Do a Short Sale?
Should You do a Short Sale?

STOP FORECLOSURE NOW!!

Call Linda 602-391-8246 Arizona Elite Properties or email me today

Helping families, one home at a time!

“Before using this service, consider the following information.”IMPORTANT NOTICE  Arizona Elite Properties  is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. "If you stop paying your mortgage, you could lose your home and damage your credit rating"

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