Home buying and selling is a complicated task. Undoubtedly, it is wise to use a professional before buying or selling any type of home or property. You need an expert in the industry to make sure the process taking place is fair, profitable for both buyer and seller, and done in the most timely and cost-efficient way possible. With Arizona short sales, the process gets even a little bit more complicated. It is essential to have a real estate agent that is on your side and can help you through the process from day one.
There are over 70,000 certified real estate agents in the Phoenix metropolitan area. Choosing just one could seem a little overwhelming, to say the least! However, less than 1% of these are specialists in Arizona short sales, so that narrows it down drastically. After you have done extensive research and chosen a short sale agent that suits your needs, here are a few things to expect from your short sale agent.
First, expect them to keep the lines of communication open with you and your lender. Write a formal letter to your lender telling them that it is OK for them to share information with your agent. There needs to be extensive 3-way communication between you, your agent, and your lender to keep things dealing with your Arizona short sale open and honest. Never trust a short sale agent that forbids you from speaking directly to your lender about your short sale.
Should you need more help than your real estate agent, he or she should at least be able to connect you with a network of professionals to help you. They should have credible references for attorneys, accountants, and credit and other financial advisors. These agents should be able to support you in your conversation with other professionals and give you guidance on which information to disclose and which information to keep to yourself.
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