If you are in the market for real estate in Phoenix now may be the best time to find the home of your dreams. When buying or selling a home it is important to find a realtor that has experience and is knowledgeable within real estate in Phoenix. You may want to consider a real estate lawyer for your next home sale or purchase in order to have any legal questions answered during the process.
We are currently seeing mortgage rates stay near all-time lows across the country and homeowners are taking advatange through re-financing or selling. Home prices in the Phoenix region have continued to stabilize and in many cases started to rise slighlty. Homeowners who may be stuck with an underwater mortgage and no equity can now take advantage of this housing market by getting out from under their debt. Thanks to the short sale process thousands of homeowners like you have shed their real estate in Phoenix that was purchased at the height of the market for something with an adjusted, current market price. Through a short sale you ask your lender to accept less than what you owe on your mortgage in order to sell the home. This is a perfect situation to utilize a real estate lawyer who will be able to work with your bank while also having the knowledge to market your home. The two most important aspects of a short sale are the negotiation process with your lender and receiving the approval letter before closing. These are two areas where a real estate lawyer would benefit you the most in a short sale. Real Estate in Phoenix is currently ripe for the picking as homeowners continue to foreclosure and short sale proprerties show up on the market with adjusted market prices to present day value.
If you are stuck under your never-ending mortgage debt with no equity build up now may be the time to take advantage of the real estate market in Phoenix. When you make your next real estate decision consider a real estate lawyer for the peace of mind of a lawyer with the marketing strategies of a realtor.