Seven Questions You Should Ask Your Phoenix Agent Before Planning A Short Sale

If after doing some research you're considering a short sale of your Phoenix property or properties you need to hire an agent who's not only educated in the field of short sales, but also one who's experienced with actual hands-on closed short sale transactions.

An agent without the right qualifications can lead not only to a stressful transaction, but one that ends with undesired results, financial loss, a possible foreclosure and or simply too much in unnecessary frustration.

As a beginning point here are 7 starting questions to ask agents whom you may potential hire.

1. The amount of short sale transactions have you processed and successfully closed

2. What type of education do you've and how often to you take new classes to keep updated on the ever changing short sale processing and requirements?

3. How do you plan of keeping this transaction continuing to move forward? Do you have a specific process to follow?

4. Am I Going To be in the loop, updated on a regular basis?

5. How will you market my Phoenix home to ensure a timely, strong and viable offer for this Phoenix property?

6. With whom will you work? Who is your supporting team to ensure my short sale is nicely taken care of?

7. Who will communicate with the bank? Can you run me through how the process will perform?

Short sales are precarious beasts and there is no one way to do it greatest. Having some designation and education behind the belt is nice, but if someone has been out of the loop even for some months they may not do the best possible job for you. There are constantly new rules, programs, and laws to abide by: HAFA, the new MARS rules come to thoughts and the bank have their own guidelines, processes and idiosyncrasies as well.

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