I’m certain that all of you loves the residence in Phoenix, Arizona that you live in and would never want to lose that home to foreclosure.  However, with the status of the economy and the housing market, a lot of Americans are preparing to cope with losing their homes. The good news is that foreclosure in Phoenix, Arizona is preventable through loss mitigation.  The solution is to take action before the lender does.  As soon as you neglect one payment, the clock starts ticking.  So, when you appreciate that you can not make payments on your house mortgage any longer, it is time to drop a line to the loss mitigation department at your bank.  Their job is to help keep the bank from losing currency. 

Short Sale Power Hour

Last week we chatted about the waning house sales in America. They fell 30% from May to June. Those videos were filmed on Monday, July 5th and ever since that time there have been tons of articles supporting what we are saying.

Firstly, if you took our episodes last week to think that you ought to run and hide from this situation, you are entirely wrong. We share this information with you so that you can stand facing this market head on. We’re merely trying to be realists and move our approach as the market changes.