Hello everyone my name is Shawn Polston with Tucson Short Sales and 520 Short Sales thank you for joining me today. I work with Keller Williams Realty in Tucson and use this blog to keep distressed property owners up to date on all of their options for avoiding foreclosure. If your Tucson mortgage is underwater and you are struggling to pay your mortgage each month please browse my website or call me today to learn more about all of your real estate options.
For my blog today I wanted to speak with Tucson homeowners who have a mortgage through GMAC about their opportunity to complete a short sale. GMAC can be a very unique lender to work with in regards to their short sale process but this is often a good thing for the homeowner. All it takes to start a short sale with GMAC is a listing agreement and a letter of authorization from the homeowner and this will save us a lot of time. If you are having trouble with your current GMAC short sale you should probably be aware that they are in the process of bankruptcy. While it sounds like they will be able to pull through this it is certainly going to effect their staffing and their focus on getting your short sale approved. For this reason it is important to get your short sale file started as soon as possible in order to avoid this problem in the future. The last thing we want to do is make the buyer on your property wait three or four months for a decision from your lender which is why we need to start your file today.
If you have questions about your GMAC mortgage or the short sale process please fill out a contact form on my website or call my office directly to get in touch and start the process of getting rid of your mortgage debt. I hope your having a great day and I look forward to hearing from you in the future.