Quick Quiz

Sellers – Do you qualify for a short sale?   You would think a simple question would have a simple answer.  And it does once we go through a short questionnaire with you on the phone.  We call it our quick quiz.  While many folks owe more than their home is worth today, your situation is unique.  As we go through the quick quiz you will want to know how each of your answers affect you and we will be able to answer that.  In the end you will know if you qualify for a Short Sale.

Take a moment to preview the Short Sale Quick Quiz:

  1. Do you have one loan, two loans or more?
  2. How much do you owe on each?
  3. Who is your lender?
  4. Have you spoken to the bank?
  5. Do you have a loan modification in process?
  6. Are you current on your payments?
  7. If not current, how many months are you behind?
  8. Do you have a foreclosure date?
  9. What is your hardship?
  10. Is the house vacant?
  11. Are you able to maintain the house (pool/utilities/yard) for the next nine months?
  12. Is this a primary personal residence? (Have you resided here at least 2 of the last 5 years?)
  13. Did you refinance?
  14. Did you take money out?
  15. Did you put improvements back in?
  16. Do you have a Home Equity Line of Credit?
  17. Does your loan payment include mortgage insurance (PMI)?
  18. Are your property taxes in your payment?
  19. Do you have an HOA?
  20. Do you have a termite warranty?

If you are ready to take the quick quiz, we are here to help.  Click short-sale-quick-quiz to download the quiz in pdf format.  Once completed, please call us at (480) 596-5751.