Foreclosures in Arizona and the Bank
While there are a variety of reasons the bank may choose to allow a short sale versus foreclosing on a home are many, it often comes down to dollars and cents.
The banks aren’t in business to take losses. As is often the case, banks can save a lot more in a short sale situation, even up to 30%. If you have any further questions about short sales and what options you have in avoiding foreclosure – give us a call at 480-331-2832 or fill out the form.
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