Phoenix AZ Homes and Condos

Arizona Association of REALTORS in conjunction with the Arizona Department of Real Estate have just released a factual, unbiased Arizona Short Sale Seller Advisory to help Arizona Homeowners faced with loosing their homes to learn their options and understand their legal and tax consequences. This essential advisory arms homeowners in financial trouble with information and the tools they need to evaluate their alternatives and make a sound decision.

The  Arizona Short Sale Seller Advisory lists ”red flags” to help you identify predatory “Rescue” Scams and Short Sale Fraud, links to HUD approved counselors, a FREE Arizona hotline number, sources of FREE or low cost legal and tax advice, identifies alternatives to a foreclosure, tells you how to communicate with your lender(s) and provides links to Arizona short sale disclosures your REALTOR will use in the Short Sale transaction to protect and inform you about a short sale in the event you, your tax advisor and your attorney decide this is your best course of action. If you don’t have one, they are available to advise you for little or no cost.

Sam Elam, Associate Broker with Prudential Arizona Properties is a Certified Short Sale and Foreclosure Resource and offers additional distressed homeowner resources  that go into greater detail and lists several other government help programs. Sam can refer you to Tax Attorneys (pro bono – that’s FREE) to evaluate your potential tax liabilities as a result of a foreclosure, bankruptcy, short sale, etc.

If you can’t pay your mortgage or know you will soon be unable to, seek help as soon as possible. Don’t go through your savings and/or walk away from your home without talking with your Lender(s). And don’t make any decisions without first seeking legal and tax advice to understand the consequences of your decisions. The decision you make today may have long term consequences.

The Arizona Seller Short Sale Advisory provides a list of attorneys who can help or call Sam Elam for attorney referrals at (480) 213-1799. I am here to help when you need assistance.

Sam Elam - Associate Broker specializing in Chandler, Gilbert, Mesa and Phoenix real estate and homes for sale AZ.