During an economic boom where there are people actually competing to buy homes, a short sale would not be an option. However, with the state of today’s economic climate and the increase in the number of homeowners in Phoenix, Arizona in a negative equity situation, sometimes it is the only sensible option to avoid foreclosure.

Lenders do not want to own real estate, nor do they want to go through the lengthy foreclosure process. Both these options are costly to the lender and most would like to avoid incurring any extra costs when they have no alternative but to call in a loan.

If you have been served with a foreclosure notice and have no idea what to do next; you really should consider trying to negotiate a short sale.

What you will have to do is to try and show your lender that, in these circumstances, they have more to gain if they agree to a short sale. You will have to provide them with hard facts and figures in order to persuade them that it will be in their best interests. You will need to show them, using facts, figures and statistics that it will benefit them more than foreclosing on the property and then having to sell it themselves.

However, negotiating such a sale is a very complex and time consuming process and usually beyond the scope of most homeowners.

Your could try speaking to your real estate agent but the problem here is that most have never negotiated this kind of sale. So you really need to be thorough in your research. Ask lots of questions in order to determine if the real estate agent has any actual experience in negotiating a short sale. This kind of sale required extra training that not many real estate agents have.  Don’t despair there is a better option.

If you find yourself in this unenviable situation, a great solution to your problem would be to find a reputable Short Sale Investor. As this is his speciality, he will have the necessary knowledge and experience to negotiate a short sale on your behalf. He will guide you through all the intricate details of this process to make it as simple and stress free as he can.

When looking for a Short Sale Investor to help you to stop the foreclosure on your house, make sure he is reputable, can provide testimonials from previous clients and, most importantly, is sympathetic to your situation. You will be working closely with him throughout the process, so it is vital to have a good working relationship.

Remember, if you are faced with foreclosure, you are not the only one to be in this position; there are thousands of people in Arizona and over 4 million people in the US today in exactly the same position. It is not the end of the world and with the help and advice of a good Short Sale Investor you should come out the other end unscathed