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Homes For Sale in Whitewing at HigleyEuropean Influence in this Impeccable custom home built by local builder Seville Homes. Established Gated community in extremely quiet location in the heart of Gilbert. Never lived-in spacious 6 bedroom, 5 bath, 3 car+RV gate with guest casita! Incredible curb appeal to courtyard entrance makes this the perfect place to call home! Entertainer's delight with gourmet kitchen with premium stainless steel Viking appliances and chocolate alder cabinets, Brazilian granite counters! Full mastersuite with fireplace, sitting area, jetted tub, body spa shower and custom walkin closet! Bonus room,epoxy garage w/Cabinets,surround sound,security system, Convenient to Shopping,Dining Loop 202 Freeway. Call for a Showing!
 | TEXT "info 23914" to 79564, or TEXT "eProp 23914" to 79564, or just TEXT "23914" to 79564 for information on your mobile phone |
2818 E. Waterman Court | |
Gilbert, AZ 85296 | |
Gorgeous Tuscan Custom Home in Gated Community | |
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European Influence in this Impeccable custom home built by local builder Seville Homes. Established Gated community in extremely quiet location in the heart of Gilbert. Never lived-in spacious 6 bedroom, 5 bath, 3 car+RV gate with guest casita! Incredible curb appeal to courtyard entrance makes this the perfect place to call home! Entertainer's delight with gourmet kitchen with premium stainless steel Viking appliances and chocolate alder cabinets, Brazilian granite counters! Full mastersuite with fireplace, sitting area, jetted tub, body spa shower and custom walkin closet! Bonus room,epoxy garage w/Cabinets,surround sound,security system, Convenient to Shopping,Dining Loop 202 Freeway. Call for a Showing! |
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Equal Housing Opportunity. |
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HomeSmart Real Estate :
1745 S. Alma School Rd Ste 115 -
Mesa
AZ
85210
: 480-202-3558
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Are you an investor that is looking to buy a foreclosure in the Phoenix area? I've seen my share of foreclosed properties in the Phoenix area and surrounding cities and towns! They come in all shapes, sizes and conditions!
I've sold foreclosures to investors from Canadian investors, Washington state, Arizona investors and around the country! It can be a great experience if you are willing to wait it out, place many offers and be willing do some handyman work or have some licensed contractor do it for you!
There is no question that in Arizona, the second largest foreclosure numbers in the real estate market there is a home waiting for you to stake your claim.
Even if you are beginning to trek that path and looking to become a small investor of a few properties in 2009, then now is a great time to take on the investor dream!
If you are paying cash, fantastic! If you are looking to finance, then perhaps it's your lucky day! There is a new Fannie Mae loan program available for those looking to purchase a Fannie Mae foreclosed property that needs renovation!
It works like this:
Fannie Mae has a great loan program designed just for this situation that is a close cousin to the Fannie Mae HomePath mortgage program but designed just for investors.
It is called the Fannie Mae HomeStyle Renovation Mortgage program.
The HomeStyle Renovation mortgage program allows borrowers to combine the cost of the home with the costs for renovation or remodeling.
At closing, all funds for renovation will be escrowed in an interest-bearing account. After all renovation work is complete, any remaining funds in teh escrow account will be used to pay down the principal balance of the mortgage.
Fannie Mae HomeStyle Renovation Mortgage Highlights:
- Up to 95% LTV
- Renovation funds escrowed in an interest bearing account
- Soft costs (architectural services, engineering, permit fees, etc.) may be financed
- Loans are underwritten to FNMA guidelines
 HomeStyle Renovation Mortgage: More Information
Borrowers can basically do any repairs / renovation to the home that they want as long as the appraisal supports the value, the improvements are common for the area (pools, for example), the repairs can be completed within six months, and the repairs do not exceed 50% of the after imporoved appraised value.
The only types of repair that I would not recommend under the HomeStyle Renovation mortgage program are water damage, mold, and any structural repairs to the foundation and/or load bearing walls. These types of repairs have a tendency to escalate into much larger projects once the builder does the demo and determines what the actual repairs are needed to fix the damage to the property.
Have more questions about the HomeStyle Renovation mortgage? Call Justin McHood with Arizona Mortgage Team or email him at Contact@ArizonaMortgageTeam.com if you are looking to invest in the best place in the west! Once we get your financing set, call me and I can set you up on a personal website with all foreclosures in the Phoenix area that fit your criteria! My clients love it and they know as soon as the foreclosures hit the Phoenix real estate market!
| Phoenix Foreclosure in the Valley of the Sun fell in March, but some communities have been hit harder than others. It appears the federal housing plan is beginning to help more Phoenix-area homeowners avoid foreclosure.
However, there is always someone wanting to take advantage of those while they are down! Yep, those con-artist, scammers that look to trick you or take your money! Don't let that happen if you are looking at foreclosure! There is help and the Government is jumping on board!
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Having trouble keeping up with your mortgage payments? Are you facing foreclosure?
It appears that Foreclosure Scams are on the rise and the government goes to Hollywood by putting ads at the movie theaters near you! You should start seeing more and more ads hit the theater by early April.
Watch an ad below put out by the Federal Reserve's campaign to stomp out Foreclosure Scams (be patient with the advertisement that takes about 8 seconds prior).
I've not seen the spiffy new ad but not the least bit surprised that everyone is cracking down on those trying to take advantage of someone else's misfortune.
If you are facing foreclosure then be sure you take some time to seek out some help by those that truly want to help and not those that have their eyes on your wallet!
I've put together a list of tips to help you
on my blog where you can find other resources such as Short Sale Options in Arizona and a lot of options if you are looking to buy a foreclosure in the Phoenix area.
Home Style Renovation Mortgage: Fannie Mae
HomePath Renovation Loan or FHA 203K Streamline Loan?
Paying Mortgage Insurance - Bad or Good?
Fannie Mae Home Path Program: An Investors Dream
Home Path Mortgages: Great HomePath Mortgage Deals From Fannie Mae
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I can't agree more with Lenn Harley on her take on short sales! Here in the Phoenix metro area we have an abundant of short sales and banked owned properties!
I've been working with some cash buyers as of late and feel that I've educated them well on how the transaction when seeking out a short sale can be unpredictable. However, I've had some similar issues with the bank owned properties too.
I've had out of a dozen contracts written this month for a handful of buyers and only two agents have stepped up to the plate and represented their sellers in a timely manner!
I dont' think I'm unrealistic to ask for an acknowledgment when I submit an offer and they know it's coming! I don't believe I'm unrealistic to ask for a courtesy phone call or perhaps a return email. Heck, I would even take a text message if you feel that best fits your business style. Just respond and don't let the offer die on the vine! Heck, my buyer even might consider amending their offer...just respond! We, us, yes the real estate professionals collectively might have an impact on the short sales on the market! Via Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate: SHORT SALES. . . . The below was inspired by Mike Jones post this a.m. about financing and short sales.
TO SHOW OR NOT TO SHOW????
SHORT SALES. . . . They are the bane of our existence. We work with very, very good buyers. Buyers who are qualified, motivated and cooperative. If they were not, we wouldn't be working with them. My time and the time of agents and brokers in my network is very valuable and we don't waste it on unqualified or unmotivated or uncooperative buyers.
Yet, a high percentage of the listings available in our MLS of ACTIVE listings of homes for sale are full of short sale listings which, SHORT SALE, is a barrier to sale.
Any buyer who is seriously interesting in buying a home with a predictable closing date should pass on short sale listings.
Sadly, there is no assurance that any logical, accepted, professional or helpful real estate practices will be followed by the bank which must approve the Contract of Sale OR THE AGENT LISTING THE SHORT SALE.
In the past, I have criticized agents who refule to show SHORT SALE listings.
I APOLIGIZE AND RETRACT THAT CRITICISM. YOU WERE RIGHT. I WAS WRONG! 
Sadly, the cause of this poor image for short sales is not all from the banks. The listing agents appear to take the opportunity of having a short sale listing to indulge in the worst, most unprofessional and unhelpful practices exhibited by real estate practitioners. Such poor practices are usually found only in newly licensed agents who don't know better. New agents often procrastinate in responding to events involved in a transaction because they don't have the knowledge or experience to know what to do. New agents do not always understand that timely responses are helpful for their clients because they get contracts to the settlement table. New and inexperienced agents can be given some room to make poor choices in how to navigate short sale transactions. However, experienced, seasoned agents can't make any excuses and have to take responsibility for the sad state of short sale transactions.
Sure, the banks take a long time to do whatever it is that they need to do. Banks don't know how to sell real estate. Experienced real estate agents do, or should.
Sadly, even very experienced agents appear to be using their short sale listings to treat buyer's agents with contempt. Yes, contempt. The behavior of far too many short sale listing agents reflects poorly on our industry as a whole and particularly on short sale listing management.
WILL WE CONTINUE TO SHOW SHORT SALE LISTINGS?? OF COURSE, THERE IS NO ETHICAL CHOICE. However, we will, if we are smart, give our buyers good counsel about the time and frustration involved in attempting to buy a short sale listing.
When we advise our home buyers that there are no rules, no standards for short sale contracts on the part of banks, that will be only a part of the reluctance to show and sell these listings. We will also give fair warning to our home buyers that the listing agents may not be helpful in navigating a short sale purchase.
- The listing agents may not return phone calls, e-mails or fax messages.
- The listing agent may not be knowledgeable about the short sale procedures of the lender for their listing.
- The listing agent may not present in a timely manner all offers and counter offers.
- The listing agent may try to excuse their unprofessional and/or unethical behavior on the fact that the listing is a short sale.
The listing agents may appear to discourage offers for the purpose of waiting for buyers they can write themselves. Shhhhh. . . . it happens.
ALL TOLD, short sales are far more difficult for home buyers and their agents than they need to be. If short sale listing agents were more helpful and communicate better with selling agents, we could be WORKING TOGETHER to move these properties. Sadly, the listing agents appear to work in the interest of no one, not the seller or bank and surely not in the interest of the contract.
The above represents the experiences of 9 seasoned buyers agents and buyers brokers attempting to sell short sale listings for the past 18 months. Our success rate is about 30% which doesn't encourage us to show short sales. Most of the offers simply die on the vine with no acknowledgment from the listing agents.
Sure, we call, we e-mail and fax messages. We may hear back in a week or two or three.
THAT IS NOT THE WAY TO SELL REAL ESTATE. THAT'S THE WAY THE BANKS OPERATE. BANKS ARE NOT A GOOD EXAMPLE TO FOLLOW.
If you are looking for things to do in Gilbert this weekend for the kids during spring break, head on over to Gilbert's new mall, SanTan Village. Macy's department store is having their official grand opening March 19 - 21, 2009. Join in the three day fun filled celebration. If you haven't made your way to the SanTan Village Westcor mall on Williams Field Rd and SanTan Village Parkway (Greenfield Rd) then you really should treat yourself. View List of Stores at SanTan Village Mall in Gilbert The outdoor environment is pretty awesome this time of year. A must have cookie from my favorite hangout that also is my home away from home office, Paradise Bakery is conveniently up front and has easy access at the west side of the mall. Thursday, March 19th* will be the Community Shopping Day at Macy's. Buy a $10 ticket at any store entrance and you'll instantly get $10 off one purchase of $25 or more. You can also save 20% on almost every purchase you make! Ticket sales proceeds go directly to local charities. Nothing like shopping where you live and helping out local Gilbert charities. Oh-- don't forget to register for your chance to win $500 Macy's shopping spree! Someone has to win, why not you! Friday, March 20th* will be Macy's official Grand Opening ceremony with a ribbon-cutting scheduled at 9:45am. If you are one of the first 500 people in the doors that morning you will receive a $10 Macy's gift card, not bad with everyone cutting back these days. I know what I can get half off in the cosmetic counter. You might want to stick around for the fashion and cooking events, musical entertainment, activities for the kids, fashion makeovers and more chances to win prizes. Saturday, March 21st* with be set aside for Family Day. Make it a family day with the kids for kid friendly events. The first 150 people the spend $100 or more will get to pick up a few Culture Pass in the Kids department. It's good for admission for four people to more than twelve cultural venues through the Phoenix area. This time of year the flower beds and cool breeze through the outdoor walkways makes this even a great excuse to load up the kids and treat them to the outside kids zone. One thought would be to live and shop in our community not only for the benefits of the revenue but to also help with the local charities! Hope you enjoy your visit. *Events are subject to change
If you are looking to buy a foreclosure in Phoenix, Arizona then this news is for you!
The City of Phoenix will begin offering home buyers thousands of dollars toward the purchase of a foreclosed home. If you are a home buyer searching for a foreclosed single family home, townhouse or condominium within the Phoenix city limits then you could qualify for a new program that will award home buyers $15,000 dollars.
One of the criteria's is to be able to qualify and be deemed creditworthy by FHA (Federal Housing Administration). Potential buyers must also complete a mandatory eight hour counseling session on home ownership.
There are a few catches currently known, one is that home buyers have to repay the full amount of the loan if they ever sell the home or refinance. The second catch is that there are two informational meetings about the new program that will be held this Monday, March 16, 2009 at the Phoenix City Council Chambers at 200 W Jefferson St. The two meetings will be at 2:00 p.m. and 5:30 p.m.
Some questions are left unanswered like can you buy a second home, investment home? All the answers no doubt will be answered if you attend the meetings. If you are searching for a foreclosure within the City of Phoenix and would like more information about this program, stay tuned as I find out more information as it becomes available.
Great article by my friends Chris and Stephanie Somers! Great advice. Dual agency in Arizona real estate is allowed as long as you have disclosed to both parties and they are aware of who represents who. All buyers and sellers will be required to sign a Real Estate Agency Disclosure and Election immediately when you begin working with your agent and/or broker. Via Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate (RE/MAX Affiliates): Do I need a buyer's agent or can I use the seller's agent?
This question is posted daily on many consumer sites across the country such as Zillow and Trulia. We are going to barely scratch the surface of this subject for our blog readers.
To answer this question directly, in Pennsylvania, you do not "need" to have a buyer's agent represent you. You can ...
1) Use the seller's Realtor/ representative
2) You can represent yourself (hopefully you have experience with Real Estate contracts)
3) You can use a legal consultant (preferably one that specializes in Real Estate)
Your decision should be made based on your individual needs and circumstances. Are you a first time buyer and feel a little green about the process? You may want your own representation. Are you a savvy developer/investor and know your way around contracts blindfolded? You may prefer to use the seller's agent. It all depends on your unique circumstances.
 The question is a good one and has uprooted a lot of debate amongst the Real Estate community as well as buyers and sellers. Some states in the US do not allow "dual agency". That is what it is called when one Realtor represents both the seller and the buyer of a property. It certainly speaks volumes when a state will not recognize dual agency as a legitimate representation in Real Estate. One can only assume there have been some very serious problems with dual agency in the past, thus the only solution for those states was to make it outlawed and completely illegal. That is some serious stuff right there!
In our state of Pennsylvania, dual agency is recognized, legal, and allowed though it must be openly disclosed by the Realtor and agreed upon by both parties. Chris and I are doing a dual agency right now. Since we are both licensed Realtors, I have taken the lead as the buyer's agent while Chris remains the listing agent. It is one way we feel comfortable approaching dual agency. The difficulty in dual agency (and it is difficult in some cases), is rooted in one simple word: LOYALTY.
Loyalty is based on trust and faithfulness, knowing that your interests and goals are your Realtor's only focus. When a Realtor has 2 clients in the same transaction, which is more important to them the seller or the buyer? We do not have the answer. It is difficult to be neutral which is why we personally split the duties of the dual agency when they pop up in our practice. Ask Chris, I am a passionate advocate for my client in our dual agency ; )
In our experience it can be difficult. It is challenging enough in a singular buyer or seller Real Estate relationship. When you do dual agency the challenges almost are more than double! The math may not substantiate that but on a skill and emotional level it is triple the responsibility ! So, dual agency is challenging but not impossible.
Some Real Estate investors, for example, use the dual agency as an opportunity to get a better price on a home. Typically these transactions are less complex (cash purchase, no contingencies or inspections...) We have been able to adjust our commission in a few of our dual agency contracts which allowed both buyer and seller to reach their goals where it would have been impossible if they had their own Realtor representation.
I must confess that my answer to this question is a little dual (if you will), in nature. I want to answer the question so that you are an informed and educated consumer. Yet, I also want to make a comment or rather ask a question for other readers and professionals in the industry who have a very strong position for or against dual agency.
My comment is this: Dual agency is clearly difficult and in states that allow, it should be entered into with 1) caution for some, 2) with confidence for others, and 3) completely rejected for yet others. But, is removing the option for the consumer to choose, the right answer to the complexities of managing a dual agency relationship? You can give a person a fish or teach them how to fish. You've all have heard that saying, right? In the same way, isn't educating the consumer always the best option? I am not saying it is the easiest option but isn't it better than removing the freedom to choose?
I hope what I have written is well received as an opinion and certainly not intended to force dual agency on anyone. Our blog readers are a pretty sharp and opinionated crowd. We are interested in your view and your opinion.
Other Similar posts:
Dual Agency - Are you an Advocate ?
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The Somers - Philadelphia Real Estate
Search the MLS Properties Here in Philadelphia
The Philadelphia Real Estate Blog
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 Are you interested in buying a new home this year and have questions about the $8000 tax credit? You are not alone. Many people who are interested in buying a home this year are asking questions about the $8000 tax credit.
Details of the first time home buyer tax credit have been released. This is probably the most positive piece of news in our industry in years!!!
Here are the highlights:
· The Tax Credit is the lesser of 10% of the purchase price or $8000
· The Tax Credit is “real money” that you get on your as part of your tax refund
· This credit does not need to be repaid if you live in the home for 3 years
· A First Time Home Buyer is defined as someone who has not owned a Primary
Residence in the past 3 years
· Once you marry a homeowner you automatically become a homeowner regardless
of who is on the title and the loan
· The credit begins to “phase out” for Singles with income between 75k and 95k and
Married between 150k and 170k
· If Mom and Dad (that own a home) Co-Sign for their child to help him qualify, the
child can still take the Tax Credit. Perfect for an FHA loan!
· Buyers can take the credit on their 2008 Tax Return if they purchase prior to filing
their 2008 Taxes. If you have already filed, you are allowed to file an amended
2008 return
· This Tax Credit is a Tax Related issue and therefore you should consult a tax
professional for advice. A good website for info is
www.federalhousingtaxcredit.com
Join other locals Thursday, March 5th for the kick-off of the 2009 Spring Concerts in the Park Series!
 The Concerts in the Park Series is held at the beautiful Freestone Park Amphitheater, located by the lake in Freestone Park (Lindsay and Juniper Roads). There is no charge for these concerts, and you and your family are invited to bring a blanket or lawn chair and enjoy an evening under the stars. Food and beverages are available to purchase.
The Desert City Six
Enjoy New Orleans style jazz at it’s finest. It’s heartfelt music sometimes hot and spirited, and sometimes sweet and restrained. The Desert City Six preserves the style learned from the fabulous New Orleans masters who pioneered the American
art form called Dixieland Jazz. The Desert City Six have been performing for more the 6 decades and have performed locally for
the Phoenix Suns as well as performances all over the world. So come on out and enjoy the great Dixieland Jazz Band!
Bring your lawn chairs and blankets and enjoy an evening of great music under the stars!
When: Thursday, March 5th from 6:30-8:30pm
Location: Freestone Park Amphitheater located by the lake at Freestone Park, 1045 E. Juniper Ave. Parking is free and food and beverages will be available for purchase.
Wildflower Bread Company will also be handing out a delicious array of samples.
Upcoming Concerts: Jonnie and Brookie on Thursday, April 9th from 6:30-8:30pm
Cold Shott and the Hurricane Horns on Thursday, May 7th from 7-9pm
Night Groove on Thursday, June 4th from 7-9pm The Spring Concerts in the Park Series is produced by The Town of Gilbert Community Services Department and sponsored by The Gilbert Republic and Wildflower Bread Company.
Spring Concerts in the Park Series brochure 
Find other events to do in Gilbert and surrounding areas!
 According to what President Obama said in Mesa, AZ on Wednesday, February 18, 2009, “In the end, all of us are paying a price for this home mortgage crisis. And all of us will pay an even steeper price if we allow this crisis to continue to deepen. But if we act boldly and swiftly to arrest this downward spiral, every American will benefit.”
President Obama took two huge steps forward in his campaign this past week to heal the housing crisis for homeowners. Exactly what does that mean to those that have defaulted already? Will it help those that face foreclosure or potentially default on their loans?
So much conflict on who the Homeowner Affordability and Stability Plan will benefit. Who doesn't get relief and who will? How will the money be spent and will it be wasted?
Read more about Help For Homeowners at Risk of Default or Foreclosure.
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Gilbert Arizona Real Estate - Candace Robinson
Gilbert,
AZ
More about me…
HomeSmart
Address: 1745 S. Alma School Rd , Suite 115, Mesa, AZ , 85210
Office Phone: (480) 889-3700
Cell Phone: (480) 202-3558
Email Me
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