A Family Losing Their Home To Foreclosure….

Regardless of whether we are a Buyer, Seller or Realtor, we are all human beings and we all experience emotions when dealing with Real Estate and the current situation with our residential market today.

I worked for 9 months with a wonderful family, local to Phoenix, who listed their home with me as a Short Sale.  Throughout the process, they supported every request that both I and/or the bank had.   We worked so closely that I got to know them and appreciate their lovely  family.   A wonderful family with 4 children, all of whom have wonderful dreams of growing up and being successful in whatever they do.  Their parents have instilled wonderful morals and values in their lives, and it was a pleasure to watch and learn from them.

Although the family was growing over the past year, they were also experiencing a rather emotional upset with the potential loss of their home.  I had the privilege of spending time with them and explained the options available and answered questions to the best of my ability.  I also referred them to a  legal source for added questions which were out of the realm of my expertise.   The family understood the differences between a Short Sale and Foreclosure and wanted their home to sell as a Short Sale, knowing they would have another chance, after renting for 2 to 2.5 years, to get back on their feet once again.

Regretfully, things didn’t turn out this way.  We did get an offer for their home, which frankly did need quite a bit of work.  The roof needed a complete replacement, the pool was empty and needed re-plastering, and the interior of the home needed alot of cosmetic work.  We received what I felt was a fair and acceptable offer, however, the bank we were working with had their own formula which derived a number and they would not negotiate further,  leaving the home to foreclose Monday of this week.

So I ask, is this not emotional for everyone involved in the transaction?  My response to you is ‘YES’ it is !  The decisions and results impact everyone, Realtors included.  We work hard, and put in many, many hours working with both our clients and banks to negotiate and attempt to bring a successful outcome for everyone.  When we don’t achieve our goal, it’s not hard to feel like we failed.  The blessing in this circumstance is that the Clients know… they realize how hard I have worked, what has transpired, and they do understand the outcome, and they also know that I won’t abandon them.  I’m still here and will continue to be here for them; we will stick together and I will be there to take them out tomorrow morning at 9am to find a rental home for their lovely family.

They will be fine, they will settle in and adjust to their new life in a new house.  Their lives will continue, and maybe someday, just maybe, our government will offer these wonderful families some sort of benefit, privilege,  or forgiveness to allow them to move their lives forward before 7-9 years, since much of these outcomes are truly not caused by our  homeowners.

The only consolation we have is ‘Where there is a Will,  there is a Way’ and everyone will grow from the experience and be stronger for it.   Does it really matter what property you are living in?  Ultimately, ‘No”!  As long as you have your health and family, then you can adjust to where you are living and “Close your eyes and tap your heels together three times, and think to yourself, there’s no place like home” regardless of where you are.
Joyce Corsi Hazen, REALTOR®, CNE, SFR
Long Realty Arizona Properties
Member of the Peoria Chamber of Commerce
Cell: 602-284-9822
Office: 623-209-2400
Fax: 623-505-4346
Toll Free: 877-477-2578 (U.S only)
E-Mail: JoyceHazen@ymail.com
Website: http://www.JoyceHazen.com
http://www.linkedin.com/in/joycecorsihazen
Follow me on: http://www.facebook.com/InfoShortSalesInArizona
http://www.facebook.com/Relocate2Arizona
http://www.facebook.com/CanadiansInvestinginArizona

“Close your eyes and tap your heels together three times, and think to yourself, there’s no place like home” The Wizard of Oz
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About Joyce Hazen, REALTOR, CIPS, CNE, SFR

An Arizona and Greater Metropolitan Phoenix Realtor, I am a full service professional with an International Designation, CIPS, who works with Buyers, Sellers & Investors all around the world. I have experience in both the residential and commercial communities. In addition, as a Certified Negotiation Expert I work my hardest to utilize my negotiation skills to benefit all clients. I also speak French, English and Italian. Originally from Canada, having moved to the Valley in 2000, I pay special attention to your personal individual needs and desires, to find you the home, land, or building that you’ve been dreaming of. Real Estate has given me the privilege of working with so many wonderful people and with my knowledge, tools and skill set I have been fortunate to realize that individual needs change from person to person, business to business, culture to culture, and that every request is important to you. For that very reason, when I embark on a journey, I work closely with you, whether you are buying or selling a home or commercial space, whether it is a tradition sale, short sale or foreclosure. I will help you as I am highly motivated, results driven and have taken time to research the marketplace, trends and opportunities to know how to best serve you. With my experience, culture and languages, you can rest assured that your best interests are my priority. I will help you find the home or property of your choice and professionally negotiate on your behalf. It is for these reasons that so many of my clients refer me to their friends and families. The Valley of the Sun has been one of the fastest growing U.S. metropolitan communities, Phoenix has grown tremendously over the past couple decades. Financial Institutions are working with Americans, offering terrific mortgage deals, as well as with foreign investors who are interested in purchasing second homes… the opportunities are endless. My mission and goal is to provide you with superior service. Welcoming new residents to Arizona including Americans and International clients who want to relocate permanently, a home away from home or to escape cold winters, is a pleasure! I enjoy meeting new people and always set my goals high and strive to achieve them. If you’re ready to search for the perfect property, I am here to show you the very best homes that meet your criteria.
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