Short Sales

Short Sale My Home

Short Sales Simplified for Home Owners.This web based information gathering system will assist a home owner in the proper documentation and information necessary to achieve a successful short sale transaction.

• Complete at your own pace in the privacy of your own home.
• Save all the documents for quick review or changes.
• Keep organized for when unexpected questions and calls come from the bank.
• Be sure that the Agent has everything they need from you to facilitate the possible Short Sale
• Takes 30 minutes to complete your package.
• Provides a complete end-to-end document management system.

To gain access to the system at NO CHARGE contact Lisa Capes at Chicago Title Insurance by e-mail  at capesl@ctt.com or by phone at 480.695.3136.

Short Sales

Home Owners Associations

Homeowner’s Associations are a huge issue with short sales and REO properties. Many times escrow is presented with a contract, negotiations are complete on the short sale or the REO, escrow proceeds and closes – a few weeks/months later escrow is contacted by the new owner who has received a bill for delinquent dues and transfer fees. Owner wants to know who will pay. Sellers in both types of transactions have no money with which to pay these ‘after the fact’ bills. Short Sale sellers know if there is an HOA, so they need to be questioned about this subject. REO sellers, however, may or may not know if there is an association, so this is where the Realtor’s experience comes in. You may know the neighborhood, so, please, if you do know there is an HOA, mention it to escrow so the information can be followed up on.

Short Sales

Getting a Home Inspection, Is it a Necessity?

With so many bank owned properties today sold in As-Is condition, some buyers are asking, “why bother with an inspection?” The reason? Some of these properties are damaged beyond a buyer’s visual view. Your inspector will climb on the roof, inspect the attic, check the plumbing, etc. Maybe the roof looks decent from ground level. Maybe the inspector discovers it needs to be replaced and that’s an additional $7000 you weren’t counting on. The inspection gives you understanding of the material issues that can affect your bottom line and your quality of life.

Give us a call with your questions or to schedule an inspection.

Kent Dean

Inspector Budget Home Inspection

6501 E. Greenway Pkwy, #103-243

Scottsdale, AZ 85254

480-718-5539