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Nextage Realty Professionals

10 questions for Prescott AZ short sale brokers

By Jerry Cecil, on August 22nd, 2011

In an earlier post, Foreclosure/REO/bank-owned or short sale?, about the Prescott and Prescott Valley foreclosure and short sale markets, I was amazed to find how few short sales were actually closing in the Quad-City area.

After doing some more research on this, it seems that some agents are taking short sales without the right skill sets, and [...]

Posted by Jerry Cecil August 22, 2011, 9:52 pm

The Importance of Finding a Certified Short Sale Agent to Help Sell Your Home

By Jerry Cecil, on August 22nd, 2011

Can all agents can do short sales right?  Yes.

Are all agents trained to do short sales? No.

Short sales are tough. They involve legalities, financial and tax questions, and negotiations.  You really don’t want just any agent to help you sell your home.  you really want someone who has proven short sales training.  It’s important to look for [...]

Posted by Jerry Cecil August 22, 2011, 9:31 pm

Short Sale Processing -BofA and the Equator System

By Jerry Cecil, on August 22nd, 2011

Lenders process short sale in different ways.  Bank of America now processes short sales through the equator system.  BofA  ntroduced the equator system in 2009.  At first, it was cumbersome, confusing and frustrating.   Documents were lost and the process was plagued with delays.  Now, the equator system is state-of-the-art.  It has streamlined the short sale process.  [...]

Posted by Jerry Cecil August 22, 2011, 9:11 pm

Does a Short Sale Mean That You are a Horrible Person?

By Jerry Cecil, on August 22nd, 2011

Short Answer, no.  I counsel many people on short sales.  I list many homes as short sales.  Many people going into a short sale have the same sort of reluctance.  They feel as though they are horrible people and bad financial planners.  I tell them that back when they purchased the home, they were approved by [...]

Posted by Jerry Cecil August 22, 2011, 8:48 pm

What Good is a Realtor Anyway?

By Jerry Cecil, on August 6th, 2011

Many people think that Realtors are around for a few simple reasons, to look for homes, list homes and advertise homes.  This is why many people don’t think that they need a Realtor.  Homeowners are quickly finding out that a home can be listed without a Realtor.  A buyer can find a home on several listing [...]

Posted by Jerry Cecil August 6, 2011, 11:50 am