Arizona real estate lawyers real estate refinances, short sales or foreclosures

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Mark Twain once said, “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” If you purchased or refinanced residential property between 2005 and 2007, you have important questions and probably more than a few wrong ideas about your real estate investment that an Arizona real estate attorney can help you with.

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  • 1. Arizona Real Estate Lawyers - Real Estate Refinances, Short Sales orForeclosuresMark Twain once said, It aint what you dont know that gets you into trouble.Its what you know for sure that just aint so. If you purchased or refinancedresidential property between 2005 and 2007, you have important questions andprobably more than a few wrong ideas about your real estate investment that anArizona real estate attorney can help you with.How much is that property worth today, realistically? Chances are its worthsignificantly less than what you owe, so now what?Short sale, foreclosure and real estate taxesYouve considered walking away. Youre hoping you can get a break through agovernment bailout program you heard about. You wonder if its better to shortsale the property or simply let it go to foreclosure. You want to know how allof this may affect your credit. What about taxes? There seem to be a hundredother gnawing questions festering in your mind as you review this yearsproperty tax valuation notice confirming yet another year of steep decline inproperty value.Distressed Real Estate: find the solution that fits youUnfortunately, there is no one-size-fits-all solution that makes sense foreveryone. In fact, it is extremely unlikely that what makes sense for you willmake sense for the next person. It is even more unlikely that your best courseof action will simply occur to you. False assumptions and misinformation abound.Even more prevalent is the constant bombardment of advertising fromopportunistic persons offering you a uniform solution that benefits them withlittle consideration for what is really in your best interest.Distressed Real Estate: a complex business decisionThe truth is this: you are facing a very complicated and nuanced businessdecision. Like any business decision, you must be informed on all relevantconsiderations and options, or you are likely to choose poorly. You might besurprised to learn what facts and circumstances really make a difference in yourrange of options. The most important factors can be boiled down to the nature ofthe property and the financing history. From there, any number of irregularcircumstances can make a big difference. Things like whether it is a VA loan orwhether only one of a married couple signed the loan documents. The key is toproperly identify and understand the significance of your favorable facts aswell as your troublesome facts.That is where we come in. Weve advised hundreds of homeowners searching foranswers regarding their distressed real estate. We have thorough knowledge ofthe relevant statues, case law and lender practices to help you determine justwhere you stand. More importantly,we can help sort through your issues and available options and develop acustomized strategy based on your best interests. You have important questionsand we have the answers, including answers to questions you dont know you haveyet. Contact our Mesa real estate attorneys today to discuss what you dont knowregarding your distressed real estate, and more importantly, what you know forsure that just aint so.Published By:Mesa LocationGunderson, Denton & Peterson, P.C.1930 N. Arboleda, Suite 201 Mesa, Arizona 85213

2. Office: 480-655-7440Fax: 480-655-7099Phoenix Location40 N. Central Avenue, Suite 1400Phoenix, AZ 85004Phone: 480-325-9937Website: http://gundersondenton.comRe-Published From: http://gundersondenton.com/real-estate-law/real-estate-refinances-short-sales/