SHORT SALE EXPERTS
What is a short sale?
A 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 current debtor. Both parties consent to the short sale process,
because it allows them to avoid foreclosure, which involves hefty fees for the bank and
poorer credit report outcomes for the borrower.
Why should I short sale my home?
• YOU CAN STILL BUY ANOTHER HOME!!
• If your credit report does not reflect a 60-day+ late pay, under Fannie Mae
guidelines, you will be eligible to buy another home immediately.
• You will be eligible, under Fannie Mae guidelines, to buy another home in 2 years
instead of 5 to 7 years for a foreclosure.
• Get out from under a mortgage that is upside down.
• Sell your home even though you owe much more than it is worth.
• Avoid foreclosure and the devastating effects it can have on your future.
• The Phoenix real estate market has plummeted. Chances are you owe much more
on your home than it is worth.
• You can stop overpaying for a home that isn’t worth what you paid for it!
• Retain some dignity in knowing that you sold your home.
Why choose the Derek Gilbert Team to short sale my home?
We have successfully closed over 99% of all our short sales. We are aggressive and
knowledgeable in negotiating with lenders. In 2009 we have closed nearly 100 sales!
Contact Derek Gilbert at 602-622-2776
Keller Williams Realty Sonoran Living 4621 E. Chandler Blvd #160, Phoenix 85048
Michael Pittman
Keller Williams Sonoran Living
Realtor®
602-622-2776 Main
602-258-7035 Home
