Mesa Short Sale Solutions

Cost Ranges

The cost of handling a short sale typically includes real estate agent commissions, legal fees, and potential closing costs. Commissions generally range from 5% to 6% of the sale price, but these can sometimes be negotiated as part of the short sale process. Legal fees might be a flat rate or hourly, depending on the complexity of the case.

Local Tips

• Consider visiting during the weekdays as Saturdays can be busier.
• Mesa has a unique real estate market; engaging with a local expert like Mesa Short Sale Solutions can provide valuable insights.
• Nearby attractions such as the Mesa Arts Center or the Arizona Museum of Natural History can be perfect for a post-consultation visit.

FAQs

What is a short sale?

A short sale occurs when a homeowner sells their property for less than the amount owed on the mortgage with the lender's approval. This can be an alternative to foreclosure.

How long does a short sale take?

The short sale process can take several months, often ranging from 60 to 90 days or longer, depending on the lender's requirements and negotiations.

Can I buy another home after a short sale?

Yes, but there may be a waiting period before you can qualify for a new mortgage, typically two to four years, depending on the lender and your financial situation.