Is Your Home Underwater?
In Arizona, home values have decreased so much since their peak values in 2006 that even many homes in older subdivisions are underwater -- meaning that the home is worth less than the amount owed on the mortgage.
This is a legacy of the credit and housing bubbles that Wall Street created, and many Main Street Americans were sold. What should we do? And personally, if I can't hold on, or it seems that I shouldn't hold on, what should I do?
Discover Solutions
Congratulations! You are searching for answers to a problem. You have realized the situation is bad, and are ready to discover how to save money with a safe and proven solution. Just like when you feel bad, you should probably see a doctor. The answer might be to take some aspirin and live with it, but it is better to diagnose your specific case, and get a personal prescription.
Make a Decision
Don't put it off. It's not going to get better for many years. Home values are deep underwater, lending is very tight, Wall Street doesn't care, the government has no real programs that fit Arizona, and meanwhile every monthly payment means more wasted money and more stress.
Get a Prescription
Ease your mind. Take action! At Arizona Short Sale Doctor you can either....
Learn how Arizona Short Sale Doctor can help you.
Find out why a short sale is helpful and worth the effort.
"Walking Away" from an underwater home is called a Strategic Default, and many homeowners consider it immoral.
Information on how a foreclosure, deed-in-lieu, and short sale impact credit scores.
Click the link to view a sample of a Short Sale Agreement.
Learn how some investors are making a lot of money buying your mortgage!
There are alternatives to a short sale you should consider. But they often do not work.
Learn why loan modifications are not working.
You don't want to pay taxes on forgiven debt!