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All agents are NOT alike! Find out why we are top real estate experts. Call us: 623-882-8882.
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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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Find Out About the Latest Goodyear, Buckeye and Surprise Area Homes for Sale Before Anyone Else! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the Goodyear, Buckeye and Surprise, Arizona area MLS, and even later on the national listings web sites, if at all. By signing up to receive our latest listings, we'll send you an email notice as soon as our latest homes for sale go online. You'll find out first, before other Goodyear, Buckeye and Surprise buyers. There is absolutely no obligation, and this service is free of charge. Don't miss out! Get an email as soon as our new properties come on the market in Goodyear, Buckeye and Surprise! There's no obligation, and you can stop our emails with one click. Just fill out this form to get started... 
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Short Sales >3. How to Prepare for a Short Sale
If a homeowner is facing foreclosure and wishes to explore short selling their home as an alternative, it is crucial to get help from a trusted real estate agent. With the agent’s help, this is how the homeowner will prepare to short sell their home: - Agreement. The homeowner must get the lender to agree to sell the home at a loss.
- Documentation. If the lender agrees to a short sale, the homeowner will need to provide documentation to the lender indicating that he or she is financially incapable of paying for the loan. It depends on the lender, but the documentation usually required can include:
- A hardship letter explaining why the homeowner is unable to pay the mortgage.
- Recent tax return forms, W2 forms, and/or 1099s.
- Recent paystubs.
- Financial statement detailing list of assets and liabilities.
- Consultation. The last thing a financially stressed homeowner needs is more financial stress. The homeowner should consult with an attorney to find out whether or not difference between what the home is worth and what the home sells for will be taxed.
- Communication. Everyone needs to communicate during this process. The homeowner needs to communicate with the lender to make sure the lender has everything needed to apply for the short sale. The homeowner and the lender need to be in constant contact with potential buyers to make sure they stick around.
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| Q |
What 70-room East Coast mansion was built as a summer home and is known as a "Gilded Age cottage"?
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| A |
Cornelius Vanderbilt's "Breakers" Mansion in Newport, Rhode Island, named for the waves crashing along the cliff that separates the property from the ocean. |
See More Real Estate Trivia > |
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Arthur Welch Realty World Superstars, LLC. 3939 North Holt Drive Buckeye, AZ 85396 Office: 623-882-8882 Fax: 623-298-5660 arthurwelch@NUMBER1EXPERT.com
With over 20 years in the real estate industry, I bring valuable knowledge to the home buyer, investor, or asset manager. Having sold all types of homes and worked in many different jobs related to homes I can help the first time buyer as well as the custom home buyer, or the small or large investor. A 5 time Centurion Award winner with Century 21 and Top Producing Agent in the world for Realty World for 2008, 2009, and 2010. I could not do all this without a very good team to help me. Our goal is helping our clients achieve their objective in real estate. My team specializes in finding great deals in Buckeye, Avondale, Surprise, Tonopah, Glendale and Goodyear Arizona. 
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