Short Sale FAQ

First we are required to tell you East Valley Team and Thompson’s Realty are not associated with the government and our services are 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.

Here are 10 FAQ about short sales I hear often when I am talking to people interested in learning more about selling their Tempe house via a short sale. Let me know if you have any questions.

What is a short sale and will I qualify

How long will a short sale take?

How do you price a short sale?

How much is the short sale going to cost me?

Is there a tax liability to a short sale?

Will the lender come after me for deficiency in a short sale?

What other options do I have besides a short sale?

Why would a bank do a short sale?

What benefit to the seller is there to do a short sale?

How do I choose a short sale agent?