Short Sales and IRS Tax Liability in Phoenix AZ

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One of the concerns in selling a home by short sale is potential tax liability. For many, the concern is unnecessary. However, not everyone is off the hook when it comes to short sales and the IRS.  Let’s take a peek into the murky word of short sales and IRS tax liabilities. Normally, under US [...]

Short Sales and Deficiency in Downtown, North Central Phoenix AZ

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One of the BIG questions we are asked is: Will the bank come after me for the deficiency on my mortgage loan? Let’s talk about what is meant by deficiency and how that is handled during a short sale in Arizona. What is a deficiency or deficiency judgment in Phoenix, AZ? When a home owner [...]

How Long Does It Take To Do A Short Sale in Phoenix, AZ

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A common question from people buying or selling a short sale in downtown, north central and greater Phoenix is: how long does it take to buy or sell a short sale? We wish there was a cut and dry answer to this question, yet none exist. We can tell you that completing a short sale [...]

How Do Short Sales Work In Phoenix AZ?

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As you can imagine, we get a lot of questions about how short sales work in Phoenix, AZ. With thousands of people selling their home using the short sale process, there is a lot of need for clarity and understanding. We’re going to provide a brief overview describing how a short sale works.  We have [...]

Urban Team Offers Short Sale Negotiating in Phoenix

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The big buzz word in real estate is short-sales. Since so many people are upside down in their homes, short sales are one of few options for selling a home these days. The number of short sales is staggering. Nearly 1/3 of all homes currently for sale in Greater Phoenix are short sales and well [...]

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Data last updated 5/21/13 8:45 AM PDT.

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