For over the past five years, Travis W. Pottinger has helped hundreds of families avoid potential foreclosures by effectively negotiating over 200 (and counting) short sale transactions.
FOR A FULL OVERVIEW OF THE SHORT SALE PROCESS AND OUR SYSTEM PLEASE CLICK HERE TO VISIT OUR WEBSITE WWW.TUCSONSHORTSALESPECIALISTS.COM
Travis W. Pottinger has helped hundreds of families to avoid potential foreclosures by effectively negotiating over 235 (and counting) short sale transactions. As a short sale specialist,
Travis brings his strong background in financial services and investment real estate to Keller
Williams Southern Arizona. He will successfully assist any homeowner in coming to a mutually
beneficial agreement with their lien holder(s).
Travis began processing short sales in Two thousand Five on an investment level through purchasing
distressed properties with the intention to renovate and resell. Over the past few years, he has
transitioned his business into facilitating short sale transactions on both an investment and
retail level. His relentless approach toward short sales have led him to be recognized as a
leading specialists in Arizona, as he has personally processed more short sales than most
major companies nationwide. His strong desire to help people fortifies his chosen profession.
Travis works tirelessly to make sure his clients are protected and represented by an agent who
has their best interests at heart.
Travis is a proud graduate of Arizona State University where he received a Bachelor of Science
degree in Interdisciplinary Studies, with an emphasis on Business/Finance and Sociology. His
experience spans across his time spent as a Financial Consultant (North Star Resource Group;
Phoenix, Arizona) , Commercial Realtor (Marcus & Millichap; Denver, Colorado), and
Investment Realtor (HomeVestors; Tucson , Arizona).
Travis is a committee chairman for the Arizona Chapter of the Amyotrophic Lateral Sclerosis
(ALS) Association. The committee aids in the fundraising efforts to increase awareness, help
families and individuals to manage ALS, and find a cure for the disease also known as Lou
Gehrig’s Disease.
For serious inquiries on how a short sale can potentially benefit your situation, please contact
Travis directly for a free one-hour consultation at (5Ǵ) 370-7916 or via email Travis@PottingerVentures.com at anytime or visit our short sale website: Tucson Short Sale Specialists.
Some common questions received regarding short sales follows:
Question: What is the benefit of completing a short sale as opposed to letting the home go to foreclosure?
Answer: The primary advantage pertaining to a short sale as opposed to a foreclosure is future credit restoration for the Borrower. Completion of a short sale can minimize the damage to the Borrower’s credit due to the manner it is reported to the credit bureaus versus a foreclosure. For example, under Fannie Mae guidelines and upon successful completion of a short sale, the Borrower may be eligible to purchase another home within two years of the successful completion of a short sale as opposed to five to seven years with a foreclosure.
Question: Are there tax consequences associated with a short sale transaction?
Answer: Possibly. It is imperative to consult an Attorney or Certified Accountant to confirm possible tax implications associated with a short sale. Dependent on each Borrower’s financial situation, transaction may be tax exempt as long as qualifies under the Mortgage Debt Relief Act of 2007. More information as to the Act’s guidelines can be found by clicking here
Question: How long does the short sale process usually take?
Answer: Dependent on who the lien holder(s) is (are), short sale transactions on average can take anywhere for three weeks to four months.
Question: Upon agreeing to a short sale, can I be held responsible for the deficiency judgment?
Answer: Upon submitting an offer into the lien holder(s) for short sale consideration, we will structure the offer to request that all deficiency judgments are waived. All terms regarding deficiency judgment will be outlined on letter of acceptance once approval issued by Lender(s). It is imperative to review possible deficiency judgment implications with an Attorney or a Certified Accountant.
*In compliance with Mortgage Assistance Relief Services (MARS) guidelines: You may stop doing business with us at anytime. You may accept or reject the offer of mortgage assistance we obtain from your lender [or servicer]. If you reject the offer, you do not have to pay us. If you accept the offer, you will have to pay us per the terms of the listing agreement for our services. Keller Williams Southern Arizona is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.