Hello everyone my name is Kelly Cook with the Kelly Cook Real Estate Group, your premiere Phoenix short sale team, thank you for your time today. I work with Keller Williams Realty in the Phoenix region and use my blog to share valuable information with distressed property owners on their options for avoiding foreclosure. If your mortgage is currently underwater or you are no longer able to make your mortgage payments stop by my website or give me a call today to find the best solution for your unique situation.
For my blog topic today I wanted to discuss working with Arizona Federal Credit Union on a short sale file and some of my recent experiences. This is somewhat of a niche topic because a credit union will normally have a much smaller customer base than a large national lender like Chase or Wells Fargo. Having said that, Arizona Federal Credit Union is one of the largest credit unions in the state and in turn owns a good sized mortgage portfolio. I have completed several short sales with the Arizona Federal Credit Union and have nothing but positive things to say about the experience. One thing to note is that given how a credit union operates the short sale process can be very different than a traditional short sale with a large national lender. Because of this it is important to find a short sale agent that has experience working with and getting approvals through a credit union. While most credit unions are more aggressive coming after deficiencies in a short sale they generally are much faster when it comes to negotiating and approving a file.
So if you have a mortgage through Arizona Federal Credit Union give me a call today to discuss the possibility of a short sale. Thank you for your time today and I hope to hear from you soon at the Kelly Cook Real Estate Group.