Hello everyone my name is Kelly Cook with the Kelly Cook Real Estate Group, your Phoenix short sale specialist, thank you for your time today. Our team of short sale experts are working with Phoenix homeowners every day helping them avoid foreclosure through the short sale process. If you are behind on your mortgage and unsure of your options take a minute to browse my website or call me today to learn how the Kelly Cook Real Estate Group can help you with all your real estate needs.
For my blog today I wanted to talk about completing short sales on Phoenix properties that may be associated with HUD, the FHA, or the VA. HUD, which stands for Housing & Urban Development, are the primary investor on any loans originated through the VA or FHA and in turn own many of the mortgages in the Phoenix area. A short sale through HUD can be done but there are very stringent guidelines that must be met in order to qualify. Because I have experience working with HUD I always make sure and contact the lender on the short sale file once it is determined HUD is the investor. For a HUD short sale I communicate with the lender frequently to ensure that all these guidelines are being followed and your HUD short sale is going as smooth as possible. It can be surprising how many lenders in Phoenix do not have HUD short sale experience and the last thing we want to do is slow down the sale of your distressed property. These are just a few of the reasons why it is always important to find a short sale agent with knowledge and experience of the lender and investor on your file.
If you questions on your mortgage or to start your short sale today fill out a contact form on my website or call my office directly so we can help get you out from under your mortgage debt. Thank you for your time today and I hope to hear from you soon at the Kelly Cook Real Estate Group here in Phoenix.