A short sale is an opportunity for financially distressed homeowners who have encountered hardships. In a short sale, an overwhelmed homeowner sells his home for less than the value of his loan (or the net proceeds from the sale are less than what is actually owed). The lender accepts the sale as payment in full (or “paid as agreed”) for the loan. The difference between the accepted sales amount and the loan balance is called a deficiency.  I am happy to assist in your search for a pre forclosure or short sale home in the Phoenix metropolitan area.  Just call Rick Mauch at 480-221-3149.


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