Flagstaff Short Sales

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Flagstaff Short Sale Q&A:

What is a Short Sale, why is it something a bank would consider?

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A short sale occurs when the bank accept an offer on your home that is less then what is owed on the mortgage. For example, lets say you owe $150,000 on your home in Flagstaff, and the market value is $100,000. Our team lists the property for sale, and receives an offer of $100,000. Basically, we are "shorting" the bank $50,000. In doing so, your lender will "forgive" the debt and allow you to move on with your life.

Banks accept Short Sales because they are better for their bottom line, when compared to foreclosure. A typical foreclosure will cost the bank anywhere from $15,000-$30,000 in legal fees, maintenance costs, utilities, etc. A short sale not only recoups more money for the lender/investor, but also keeps them from potentially having another home in their inventory. Remember, banks are not in the business of owning homes.

20 Frequently Asked Short Sale Questions

How do I know if I need to sell my home as a Short Sale rather than a Standard Sale?

Ask us! Contact Kelly at 888.446.5602

Great News, FHA has reduced waiting time after short sale & foreclosure! Are you qualified? Click on this link to view the new FHA guidelines.

Buying and need a higher credit score? Read our tips :

How to Improve your Credit Score & Fix Your Credit Issues

Todays Featured Short Sales

5 Beds ⋅ 4 Baths ⋅ 7023982 MLS

Desirable Toll Brothers home w/ pool in Sonoran Foothills gated community. A private courtyard invites you to this bright, open layout feat. a gourmet kitchen w/ double ovens, 5-burner gas cooktop, SS appliances, & large island overlooking spacious family room. Split floor plan offers a large primary suite w/ spa-like bath & HUGE walk-in closet, opposite wing has secondary bedrooms & bonus room. Large premium corner view lot includes a big backyard w/ pool, covered BBQ area, fire pit, mountain views & grassy area. Recent upgrades include 3 newer TRANE HVAC systems and extensive roof replacement. Rare 4-car garage with built-in storage too. Friendly Community has year-round activities plus community pool, pickleball, basketball, tot lots, and a dog park. Close to K-8, TSMC & freeway access.

1708 W Parnell Drive, Phoenix

4 Beds ⋅ 3 Baths ⋅ 7039708 MLS

Welcome home! This single-level property sits on a desirable corner lot, featuring a 2-car garage, well-maintained landscaping, and a charming courtyard. Be amazed by this delightful interior showcasing a neutral palette, and a taste of wood-look & carpet flooring in all the right places, archways & plantation shutters. Enjoy a bright living room, formal dining room and a great room w/ direct backyard access. The eat-in kitchen showcases white cabinets, granite counters, a pantry, high-end SS appliances, an island w/ a breakfast bar & a breakfast room. The den can be used as a home office. The main suite hosts an ensuite w/2-vanities, a separate garden tub/shower, a walk-in closet & direct access to the backyard. The backyard offers a covered patio, pavers, artificial turf, a sparkling pool, a spa, a gazebo, and a sitting area where you can enjoy your favorite beverage. A MUST SEE!!

2052 E Scorpio Place, Chandler

6 Beds ⋅ 4 Baths ⋅ 7050731 MLS

Rare opportunity to restore a former model home in a highly desirable neighborhood! Originally designed with extensive builder upgrades, this spacious home offers 6 bedrooms, an office, loft, media room, and an oversized lot backing to a greenbelt. The property sustained flood damage and is being sold strictly as-is, creating an outstanding opportunity for investors or buyers looking to renovate, customize, and build equity. The as-is appraised value is $850,000, while renovated comparable homes in the area have sold for approximately $1.2 million, highlighting the property's exceptional potential. Bring your vision and transform this home into something truly special. Buyer to verify all facts and conduct their own due diligence.

2907 E Derringer Way, Gilbert

5 Beds ⋅ 4 Baths ⋅ 7059253 MLS

Luxury meets functionality in this stunning former model home located in the gated Promenade at Dreaming Summit. Offering 4,576 sq ft, this 5-bedroom, 3.5-bath residence features a rare finished basement with endless possibilities for a home theater, game room, fitness space, guest quarters, or multi-gen living. The open-concept floor plan is enhanced by premium upgrades, soaring ceilings, and abundant natural light. The spacious primary suite includes a private sitting area with fireplace and direct access to the resort-style backyard. Enjoy a beautifully remodeled pool and spa, covered patio, and inviting outdoor living spaces perfect for entertaining. Additional highlights include a 3-car garage, energy-efficient solar, and an ideal location close to parks, shopping, and dining!

5632 N 134th Drive, Litchfield Park

4 Beds ⋅ 2 Baths ⋅ 7036000 MLS

Fall in love with this beautiful two-story residence in the sought-after Arabella! Situated in a prime corner lot, this gem boasts an inviting curb appeal, a manicured landscape, and a 2-car garage. Inside, you'll be greeted with tile floors, contemporary lighting, plenty of natural light, window blinds, and stylish neutral colors that pair well with any choice of decor. Prepare delicious meals in the impeccable culinary space, complete with mocha cabinets adorned with crown molding, a full tile backsplash, elegant quartz countertops, built-in essentials, and an island with a breakfast bar, perfect for casual meals. The primary bedroom promises a good night's rest, including a walk-in closet for easy organization and a private bathroom with an oversized dual-sink vanity. The flexible loft is perfect for an office or hobby area. The beautifully landscaped backyard hosts a cozy covered patio ideal for morning coffee and a nice seating space with pavers and artificial grass, ideal for dining alfresco. This gem is THE ONE! Don't miss it!

5128 E Helena Drive, Scottsdale

3 Beds ⋅ 3 Baths ⋅ 7042019 MLS

Turnkey Scottsdale Retreat-Fully Updated and Move-in Ready! Discover the perfect blend of modern comfort and effortless living in this beautifully renovated turnkey home located in the heart of Scottsdale. Immaculate and thoughtfully upgraded, this property is ideal for buyers seeking a low-maintenance residence or a luxurios second home in the gated community of Montacino. Step inside to an open, light-filled floor plan featuring premium finishes, designer lighting, and contemporary flooring throughout. The updated kitchen offers quartz countertops, stainless steel appliances, and a spacious island for everyday living or entertaining. The primary suite feels like a private retreat with a spa-style bathroom, walk-in closet, and McDowell Mountain views.

12338 E North Lane, Scottsdale

4 Beds ⋅ 3 Baths ⋅ 7048620 MLS

THIS HOME IS GORGEOUS! Completely remodeled 4 bedroom 3 FULL bath home in the heart of ARCADIA! If perfectly updated inside and out is what you are looking for, this is it! Gorgeous kitchen with white shaker cabinets and quartz counters. Beautiful Bamboo floors throughout the home. Double french doors exit out to backyard paradise where you will find a large patio area with a gazebo and a pergola AND a SWIM SPA! The swim spa is large enough to float on your favorite raft and it has a CHILLER on it to cool it down in the summer! Perfect way to enjoy the Arizona summers- cool the swim spa down for a dip! Front yard is picture perfect and has lighting to light up the yard! Two car garage equipped with an electric car charging station! COME SEE THIS ONE!

4402 E Montecito Avenue, Phoenix

3 Beds ⋅ 3 Baths ⋅ 7003156 MLS

What's it like to wake up in a private gated Phoenix home with mountain views and a resort-style backyard? It's coffee at sunrise over your pool, quiet mornings, and city lights by night. Welcome to 1524 Moody Trail in Phoenix, Arizona, a rare opportunity to own a 3-bedroom, 2.5-bath luxury home with 3,283 square feet in a private gated community designed for elevated living. Set against the stunning backdrop of South Mountain right at your front door, this home delivers a lifestyle most buyers only dream about. Inside, you'll find expansive living spaces filled with natural light, plus a dedicated home office that can easily convert into a 4th bedroom, perfect for growing families or remote professionals. Step outside and everything changes. Your backyard becomes your retreat. A resort-style pool anchors the space, while the elevated lot captures breathtaking downtown Phoenix views to the north. Whether you're hosting friends, unwinding after work, or enjoying peaceful mornings with coffee by the water, every moment here feels intentional. As the sun sets, the home transforms again. Warm tones, mountain silhouettes, and city lights create a setting that feels both private and connected, quiet yet vibrant. Located in a sought-after gated neighborhood, this home offers the perfect balance of privacy, security, and proximity to everything Phoenix has to offer, including top dining, hiking, and city access. Homes like this don't just check boxes. They create a feeling. And this one delivers it every single day.

1524 W Moody Trail, Phoenix

5 Beds ⋅ 5 Baths ⋅ 7021423 MLS

Stunning 5-bedroom home featuring an attached casita with its own private entrance--perfect for guests or multi-generational living. The interior boasts granite countertops and stainless steel appliances throughout. Step outside to your private backyard oasis with a pool and spa, all set against breathtaking desert mountain views.

32135 N 132nd Avenue, Peoria

4 Beds ⋅ 4 Baths ⋅ 6819762 MLS

Located in prestigious Eastmark, this spacious home sits on a premium corner lot with an oversized yard, private pool with Baja step and water feature, and low-maintenance artificial turf with travertine decking--perfect for relaxing and entertaining. Inside, the chef's kitchen features double-stacked cabinets, quartz countertops, a designer backsplash, a grand island, a breakfast bar, and an R/O system. The open great room and dining area provide seamless flow, while a private office/den offers a dedicated workspace. Each bedroom includes a walk-in closet, with the primary suite featuring patio access, a spa-like bath with a rain shower, and Toto toilets. A junior suite adds extra flexibility. Smart home features include a doorbell camera, app-controlled lighting, sound, and pool functions. Additional highlights: surround sound in key areas, security system, pre-wired cable/internet, and a garage with epoxy flooring, EV charging, overhead storage, and a gas hot water heater. Residents enjoy Eastmark's top-rated amenities, including a community pool, splash pad, walking trails, sports courts, parks, and food truck events, with easy access to major freeways and employment hubs.

10702 E Sheffield Drive, Mesa

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