Tips for Buying a Short Sale Home in Phoenix, Arizona

Tips for Buying a Short Sale Home in Phoenix, Arizona

It is nearly impossible to sort through homes for sale in Phoenix Arizona and not come across some great deals that are only available for sale through short sale. Either the short sale offer is already approved by the lender, or the home seller knows they can only sell their home through a short sale but don’t have lender approval yet. In either case, if you are going to purchase this type of home you will need to know some of the following information to make your home purchase of a Phoenix short sale home much smoother.

  • Fees & Finanaces
  • Inspections & Legal Advice
  • Get An Experienced Real Estate Agent

Fees & Finances

Don’t pay them (Fees that is). You shouldn’t have to pay any upfront fees to a real estate agent or to the home seller to make an offer. If you are asked to pay an up front fee to a real estate agent to make an offer on a short sale home, then you should find yourself another agent to work with to represent you. If you are a VET for example and are planning on taking advantage of low VA rates, then you’ll want to let everyone know you are trying to use a VA loan, or whatever type of financing you are planning on using so everyone knows the scoop. Ahead of time, get your financial matters in order so you know exactly what you are approved for, and that you have fixed any issues that may come up in getting your loan.

Inspections & Legal Advice

While you won’t have to pay upfront fees, you may have to pay upfront for inspections if your offer gets accepted. You may even consider having an appraiser appraise the home to determine the fair market value of the home to help give you an idea of what you would want to offer on the home. It is also a good idea to have your home inspection. Talk to an experienced short sale agent about what you should do when buying a short sale home.If you are going to buy a short sale home, make sure you get in touch with an experienced real estate attorney who is familiar with Arizona real estate law. You will also want to speak with a CPA or other tax preparer about any obligations you may have when buying a short sale.Make sure you get property disclosures about the home from the home seller. They should disclose the history of the property since they have owned it.

Get An Experienced Real Estate Agent

This is important. You must work with someone who has dealt with short sales before, unless you want a headache. Ask for the number of short sale deals they have done, and some referrals. You need to do your homework. See if you can find them online and talking about themselves as someone who has experience in short sales.

Last, But Not Least

Give yourself time, be patient, and be aware that just because you are negotiating a short sale offer with the lender they may still sell the home through a trustee sale. You should find out from the real estate agent if they know of any trustee sale information. Has foreclosure been initiated etc.? Most of this information is public so they should be able to help you determine if there is a risk that home may be sold while you are trying to buy it.

Trimming Your Trees in Phoenix

Trimming Your Trees in Phoenix

When it comes to trimming your trees in Phoenix, fighting the heat isn’t the only thing you need to worry about: trimming trees correctly requires knowledge, skill and experience. We recommend Tree Doctors Inc for all of your tree trimming needs in the Phoenix area.

Condition of the Tree

Trees that are sick or decayed can be tricky to remove, so finding a Phoenix tree removal professional is critical to keeping your family, pets and home safe. How can you decide if your tree needs to come down or if it just needs trimmingLook carefully at your tree for these signs. Are the leaves wilted or discolored? Are there any cracks in the truck or limbs? Are funguses or mushrooms growing near the trunk and along the roots at the base of the tree? Can you see ants or sawdust at the base of the tree indicating insect infestation? Is the tree lopsided from human damage? These are signs the tree is severely damaged and probably dying which process is irreversible. A Phoenix tree trimming company can try to save the tree and will if it is possible.


Crown trimming is needed when the tree has too many limbs and leaves to allow the light into the tree. Not only does this cause decay it blocks wind so when the monsoons come, the rain-heavy tree blocks the wind and falls.Crown raising involves removing branches that are too low to the ground preventing people walking under or blocking the line of vision to your home.Crown reduction refers to the trimming of the tops of the trees. This is especially necessary so utility lines are free from potential damage.


Besides trimming, the most important thing you can do to have healthy trees is to mulch. Use hardwood grinding, bark chips or pine straw, 2-4 inches deep under the drip line of your tree (wherever the sun would shine if there was no tree) but staying 5 inches away from the trunk. Mulch will keep moisture in the ground, condition the soil and protect the tree’s roots from damage.

You Get What You Give

If you want to have healthy trees you are going to have to give them the attention they need. It is difficult to maintain plants in the Valley of the Sun, so you will have to be ready to either put the work in to your trees or pay for professionals to do so.

Have more questions? Be sure to contact Tree Doctors Inc for help.

Strategic Default In Arizona: Is It Wrong?

In Arizona, many people are faced with a situation where they owe more on a home than it is worth and have “negative equity” in their home. Deciding to default on a loan when you can afford the monthly mortgage payment has become known as “strategic default” and is currently a hot topic with the media.

Is strategic default wrong? Does doing a strategic default mean that you just simply “walk away” from the home? Is there a right and a wrong way to strategically default on your mortgage?

Kevin Hardin is a local short sale, loan modification and bankruptcy expert in Phoenix and answers just a few of the questions about people have regarding strategic defaults in this short video.

Have more questions about strategic defaults in Arizona? Contact  the local experts on this topic by clicking on the banner below.

This site is for informational purposes only. It is not sponsored or in any way affiliated with the government. If you are in need of a mortgage loan, consult with a licensed mortgage professional. All fair housing and equal housing opportunity laws apply when applying for a mortgage or buying a home. Copyright 2012.