What would I do with $70 Billion to help the economy? What would you do? - 09/26/08 05:28 PM
I would change a few things if it was all my money but if I was handed 70 billion dollars to save the economy....I would
Put all the money into a pool to be used to finance homes. Allow those seeking owner occupied homes and are buying pre-foreclosure, homes at the trustee sale or foreclosure homes to borrow money. Only one property and must be owner oc.
I would not look at credit scores but check and would not want back child support or tax liens showing up on them. If there was none of the extremely bad stuff on the report, … (0 comments)

Arrowhead rental homes with an option to purchase - 09/15/08 09:42 PM
I have a client looking to do a lease purchase on a home in the Arrowhead area. This home needs to be furnished for the lease part and should be under $850,000 sales price. Monthly rents are negotiable. I will need this home for January 1st through the end of March of 09. The purchase option will be exercised after the lease is finished.
This is for a very good client of mine and qualifying for the end loan is not a problem.
If you have a home or know of a home that would work for this scenario, please contact … (1 comments)

Take photos that help sell your listing. - 09/15/08 09:00 PM
I take pride in shooting the best photos I can when out for a listing. I believe the listing photos are key to getting interested buyers out to preview the home. If you take shoddy photos you can expect a lower numbers of visitors.
I take my photos one step further and use Adobe CS3 to edit them and make sure the exposure is right on. There are many different changes you can make to the photos to make them really the best they can be. It is an expensive piece of software but once purchased and you learn some of the … (8 comments)

Foreclosure auctions in Arizona - Trustee sale - 09/15/08 07:52 PM
I have attended a few trustee auctions for homes in foreclosure. I must say it was real interesting to observe the process and witness the actual sales taking place. To my surprise, I would say maybe 10 of the 100 properties to be auctioned were bid on. Of those 10, maybe 3 or 4 received multiple bids. Most of the homes were sent back to the bank to start the REO process.
I did see quite a few good deals passed up as well as a few real good deals get bid on and won by a bidder present at the … (0 comments)

Short sale in Arizona? Why do some banks want them and others don't. - 09/15/08 07:29 PM
So in my pursuit to gaining as much knowledge as I can about the short sale process I have turned up an interesting point of view from a lender. I do not want to give details but wanted to make a comment about it so all other agent may be aware of this.
I have a listing, priced comps and listed it right about where it should have been listed. After over 3-4 months on the market, we received an offer at 89% list price. It is not in a desirable area and buyers are scarce. After getting all the way … (0 comments)

18931 Maren Avenue in Black Canyon City. Custom Home on over 7 acres. Horses OK - 09/15/08 06:38 PM
Take a look at this custom home on a large lot that is over 7 acres. Horses are ok. You can split this property up and sell a portion of it or keep it all to yourself. This location is close to Anthem and Phoenix. Just a few minutes from town. Please view the virtual tour and contact me if you are interested in previewing. You will love the mountain views from every room in the home or from anywhere on the property. Home is wired for solar and wind power on top of all the energy efficient ideas and features.
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Mike Martell (HomeSmart - Arrowhead - Glendale, AZ)

Mike Martell

Glendale, AZ

More about me…

HomeSmart - Arrowhead - Glendale, AZ

Address: 17325 N. 75th Ave, F-110, Glendale, AZ, 85308

Office Phone: (623) 688-0711

Email Me

Arizona Real Estate and more. I will post past experiences dealing with the short sale, bank owned and auction homes. My area of specialty is the Arrowhead area in Glendale, Arizona. I serve the cities of Peoria, Glendale, Phoenix, Surprise and surrounding areas.


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