The Ins and Outs of a Short Sale Short sales have gone from being a rare and infrequent occurrence a couple of years ago to a significant number of the real estate transactions in Phoenix due to the number of homeowners with negative equity that need to sell. Simply stated, a short sale is when
Waterfront Bank Owned Homes and Short Sales in Phoenix Distressed Sales as a percentage of total sales by city – June 2009 In the current environment, if you talk about Phoenix real estate, bank owned and short sale properties must be part of the conversation, and this has obviously impacted waterfront homes and lake community properties throughout
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