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scottsdale short sales: Amazing Scottsdale Short Sale Opportunity! - 05/28/11 01:53 AM
Great 4 Bedroom Short Sale in North Scottsdale … (1 comments)
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scottsdale short sales: My Television Interview Regarding A Scottsdale Short Sale - 09/15/09 12:01 AM
My Television Interview Regarding A Scottsdale Short Sale
This evening, the local NBC Affiliate aired a story about a short sale that I have been working through with one of my clients. The interview took place after I sent an email to the news station, detailing how my client was being treated on a Scottsdale short sale with IndyMac (now OneWest Bank) and BofA (second position lender).
To make a long story short, I spent approximately 10 minutes on camera, talking about what we've dealt with over the past 3 months with OneWest and BofA. i talked about the government bail-outs, … (5 comments)
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scottsdale short sales: Guess What? IndyMac (now One West Bank) & BofA WOULD RATHER FORECLOSE! - 09/04/09 02:50 PM
GUESS WHAT? INDYMAC (NOW ONE WEST BANK) & BOFA WOULD RATHER FORECLOSE!
For the past several months, we, as agents who have taken on short sale listings, have been able to tell potential clients, "Your lender doesn't want your home back. They would much rather work with you on a short sale".
Well folks, I'm here today to tell you that you should pause before making this assertion.
Fellow CDPE (and AR Member) Sidney Jimenez has written several blogs lately about the strong-arm tactics that lenders have been taking in recent weeks/months. I would highly recommend you read them here, and … (10 comments)
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scottsdale short sales: Local Agent Provides Free Information Resource to Phoenix Homeowners Facing Financial Hardships - 08/17/09 01:38 PM
FOR IMMEDIATE RELEASE
Local Agent Provides Free Information Resource to Phoenix Homeowners Facing Financial Hardships
New Web site presents options for homeowners confronted
with the possibility of foreclosure.
Phoenix, Arizona – August 17, 2009 – Local real estate agent and community advocate, Bob Hertzog of Summit Home Consultants, today announced the creation of a new information Web site for Phoenix-area homeowners in distress. www.foreclosureuturn.com contains vital facts about the options available to these homeowners, to help them make the educated decisions about their future.
“I developed this site with … (0 comments)
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scottsdale short sales: HOT OFF THE PRESS!! DID PRICES ACTUALLY GO UP ON SHORT SALES IN SCOTTSDALE DURING JULY??? - 08/07/09 12:56 PM
I will be posting a blog the first week of each month, comparing "Traditional Listing" Sales vs. Short Sales in Scottsdale. These numbers were just released two days ago by the Cromford Report.
For the purpose of this blog, the term "Traditional Listing" refers to your typical "non-distressed" listing. A Short-Sale Listing, is, well, a Short-Sale Listing, whereby the Seller sells the home for less than what is owed on it. Let's dive into the numbers for July/2009 Scottsdale Short Sales....
Scottsdale Short Sale Listings vs. "Traditional" Listings-JULY/2009
Number of Active Scottsdale Short Sale Listings: 624 (6% INCREASE over … (0 comments)
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scottsdale short sales: ATTN BUYERS: IS YOUR AGENT TELLING YOU TO STEER CLEAR OF SCOTTSDALE & PHOENIX SHORT SALES? - 07/08/09 06:15 PM
If they are telling you to stay away from Scottsdale & Phoenix Short Sales, SHAME ON THEM! A recent study conducted by the Cromford Report shows that if you are avoiding short sales and only going after "traditional" listings, you are definitely missing the boat. Lets look at the following statistics for July....
Phoenix Short Sales vs. "Traditional" Listings
Number of Active Phoenix Short Sale Listings: 2,187
Number of "Traditional" (i.e. non-distressed) Listings: 2,621
Number of Phoenix Short Sales Closed: 212
Number of "Traditional" Listings Sold: 431
Obviously, Buyers and their agents are staying away from short sales. Twice as many … (2 comments)
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scottsdale short sales: Multiple Offers On A Scottsdale Short Sale - 06/26/09 01:07 PM
Multiple Offers On A Scottsdale Short Sale
Time and time again, I am faced with the dreaded Multiple Offers situation on my Scottsdale short sale listings. Our policy is to submit only one offer to the lender at a time, and this tends to infuriate some Buyer's Agents. Let me explain why we have this policy in place.
Let's say we have a home listed for $300,000. We get an offer for $290,000, and submit it to the lender, along with comps, to support the offered price (assuming the comps support it). Sounds easy so far, doesn't it?
Along comes Buyer B … (10 comments)
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Bob Hertzog Phoenix Short Sale Agent, Designated Broker
Phoenix,
AZ
More about me…
Summit Home Consultants
Address: 7702 E Doubletree Ranch Rd., Suite 300, Scottsdale, AZ, 85258
Office Phone: (602) 957-1583
Cell Phone: (602) 909-5994
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