Is a Short Sale For Me? Do I Qualify for a Short Sale?

Do I qualify for a short sale?
Each situation is different and must be evaluated individually. If you believe you fit the basic criteria of:
  1. Behind on payments or about to fall behind
  2. Little or no equity in the property
  3. Personal financial hardship
You are a good fit for a short sale. Contact us to get started on your short sale.

How much does it cost me for you to do a short sale on my house?
There is NO cost to you.

Is my house too cheap or too expensive to do a short sale?
Homes in any price range can be eligible for a short sale as long as the basic criteria are met.
  1. Behind on payments or about to fall behind
  2. Little or no equity in the property
  3. Personal financial hardship

Why should I work with I Buy Phoenix Houses instead of listing it with a real estate agent?
It does not matter if your house is already listed or not, we can still work the short sale.

Real estate agents are not experts in negotiating short sales. We are. We have a team dedicated to working with your lenders. It takes many hours of phone calls and negotiations that most agents do not have time to do. Lenders are swamped right now with short sales and working with an experienced short sale company like I Buy Phoenix Houses will increase your chances of success.

If you have your house listed with an agent, we can work with your agent to assist with the short sale negotiations. When you contact us about the short sale, make sure to indicate if your house is listed and your agent contact information. We will contact you and your agent to get the process started. Rest assured, your listing agent will still get paid their commissions once the house sells.

I am behind on my mortgage payments, but not yet in foreclosure. Can I do a short sale?
Yes and this is happening quite frequently in Arizona. Sometimes, these are actually the most attractive short sales for an investor and a lender because a lender can avoid ALL the costs of foreclosure with a short sale before foreclosure is filed. It is more important to have a very good "hardship" letter to explain to the lender why you are unable to make the payments.

My house needs a lot of repair; can you still do a short sale?
Yes. Let us know if this is the case with your home. We can do short sales on ugly houses or pretty houses.
Why should I do a short sale?