Avoiding Foreclosure Workshop

Avoiding Foreclosure

As you know, most homes in this market are "underwater." This means the Owner owes the Financial Institution more than the home is worth. Most homeowners do not educate themselves about Arizona Short Sales and Avoiding Foreclosures for many reasons, one possibly being embarassment. PLEASE EDUCATE YOURSELF!

Most people who are "underwater" do not know their options, they think that they have to let the property go into foreclosure if they can not save it. This is not true there are other options.

The Avoiding Foreclosure Workshop

This Avoiding Foreclosure Workshop will feature a presentation by a Real Estate Attorney with the Law Firm of Mack, Drucker, & Watson, & The Kenny Klaus Team with Keller Williams Integrity First.

This is not just for those in an Arizona Short Sale or Pre-Foreclosure situation, this information will benefit Home owners, REALTORs, Investors, and Buyers alike who want to learn about Avoiding Foreclosure!

This is a FREE, NO OBLIGATION event that will help educate residents on the impact of Arizona Short Sales & Avoiding Foreclosure and give an update on our local Real Estate market conditions. We will also explain the legal & tax ramifications of Short Sales & Avoiding Foreclosure along with possible credit impacts of both Short Sales and Foreclosures.

There will be a brief Q&A at the end as well with all of the presenters. To Register for the Avoiding Foreclosure Workshop Event, please follow the link to the right!

Short Sale

An Arizona Short Sale is a Sale of real estate in which the sale proceeds fall Short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the Arizona Short Sale process, because it assists them in avoiding foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency.

Kenny Klaus
Keller Williams Realty
2919 S. Ellsworth Rd #133
Mesa, AZ 85212
Office: 480 354 7344
Fax:480-889-1478

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Experts in Short Sales and Avoiding Foreclosure