For homeowners that are struggling to make their mortgage payments, or are already late, it is important to know all of your options for avoiding foreclosure. Finding a Tucson real estate agent with your best interest in mind, and not a paycheck, is the first step in avoiding foreclosure and selling your property. Make sure to understand the short sale process and also how your Tucson real estate agnet can help you before making the decision to sell your home.
For homeowners that have already missed a payment it is important to know that time is not on your side. On average a short sale in the Tucson area will take four to six months to complete. The more time your Tucson real estate agent has to negotiate the better the terms for the sale of your home. And acting fast after missing a payment will also prevent any concern of a sheriff auction sale date getting in the way of selling your distressed property. As more and more homeowners complete short sales to avoid foreclosure more Tucson real estate agents show up on the scene. Some of these agents are merely trying to cash in on the amount of distressed properties in the area and are not interested in helping. Beware of agents who charge upfront fees for their short sale serivces or truely any fees at all. Homeowners who find themselves in need of a short sale may already be facing some difficult hardships and adding on another bill is no way to help. In fact, most Tucson real estate agents receive payment for their short sale transactions from the lender. This means more money in your pocket in order to find your next home after selling your distressed property.
Finding the right Tucson real estate agent for your home should be treated like a business decision. This important decision will help you avoid foreclosure by selling your home quickly for the highest and best offer available.