When facing the possibility of foreclosure it is important to have someone who is keeping your best interests in mind on your side. The bank’s representative is looking out for the banks interests. A Realtor representing the seller is required by law to be honest, loyal, and to act in the seller’s best interest. Tucson Realtor is a powerful ally to have in your corner. As experienced and reputable professionals with extensive knowledge of the Tucson Real Estate market they are well positioned to negotiate with the bank on your behalf.
Banks want to get troubled loans off their books as soon as possible and many times aren’t worried about the bargain basement price they will get from a foreclose because of the deficiency judgment they will get leaving you and your family in even more financial pain. This is where a Broker Price Opinion, or BPO, comes in. A BPO is a price estimate that a Realtor makes and is a good option to use in situations where the cost of an appraisal needs to be avoided. Tucson Realtor provides this service and negotiates with the bank, calling daily on your behalf, to help them make the right decision. The fee for this service and the sale comes off of the amount the bank receives, meaning you don’t have to worry about coming up with the commission. By pointing out that a short sale can provide a higher return than foreclosure and in less time (45 days) we can help form a solution that works better for you and your family.
Don’t face a possible foreclosure by yourself. It’s not just your home that is on the line but also your future. Deficiency judgments can follow you for years and make it difficult to get your life back on track. Tucson Realtor will work hard for you to find a winning solution to minimize the effect of your current housing situation.