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captain bill travis: Short Sale Seller You may be in violation of RESPA and not know it - 02/15/11 06:07 AM
Short Sale Seller You may be in violation of RESPA and not know it!!!
Is your short sale listing agent asking you to sign a listing agreement that has language similar to this:
"Seller instructs listing agent to not present any offer that is incomplete. The listing agent's non-negotiable addendum is a required addendum and if the buyer does not submit that addendum with the offer, the offer is considered incomplete and shall not be presented to the Seller."
While it may seem that this will ease some of the stress from negotiating an offer that is "incomplete", and keep … (9 comments)
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captain bill travis: Sign This Short Sale Addendum or I Won't Submit Your Offer to My Seller - 02/14/11 08:09 AM
Sign This Short Sale Addendum or I Won't Submit Your Offer to My Seller
I'm seeing more and more of these types of short sale addendums in the Gilbert AZ area. The listing agents are writing addendums that are non-negotiable.
They add a clause in the sellers listing agreement instructing the agent to not submit incomplete offers. An offer without the addendum is incomplete.
These are the terms that are in some of the addendums I've run across:
Must deposit $xxxx earnest money on signing of contract, non-refundable for 90 days Seller can cancel contract at any time if they … (10 comments)
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captain bill travis: Starting My Own Brokerage in Val Vista Lakes Gilbert AZ - 12/06/10 07:35 AM
Starting My Own Brokerage in Val Vista Lakes Gilbert AZ
New Logo:
After much deliberation with myself, I finally decided to go solo with my own brokerage. I've been very happy with Remax Homes and Investments, but decided I need to do it on my own, beginning January 1, 2011.
The name of the company will be "Captain Bill Realty, LLC".
Since I've been branding the name "Captain Bill" for 4 years I thought it best to incorporate that into the company name.
For my logo, (above) it had to relate to my earlier airline pilot profession. So I … (15 comments)
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captain bill travis: Val Vista Lakes Market Report Nov 2010 - 12/06/10 06:55 AM
Val Vista Lakes Market Report Nov 2010
Numbers in the spread sheet below are for Val Vista Lakes, Gilbert AZ, reflecting an increase in sales for 2010 over 2009.
2009 total sales 73 2010 year to date sales 80 Forty-four distressed sales Thirty-six regular sales 30 regular sales were non-waterfront 6 regular sales were waterfront Average price/sf for non-waterfront regular sales in Val Vista Lakes is $119/sf, compared to $94.70/sf for Gilbert's zip code 85234, where Val Vista Lakes is located.
The difference in price is due to Val Vista Lakes being a popular lush green community with a $15,000,000 … (1 comments)
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captain bill travis: Small World for Short Sale Specialists Jeff Dowler and Captain Bill Travis - 11/28/10 06:15 AM
Small World for Short Sale Specialists Jeff Dowler and Captain Bill Travis
In 2007 I did a lot of studying on the subject of short sales, and attended a couple of 3 day boot camps put on by a former loss mitigator. This is when only a few Realtors were doing short sales. At that time most knew nothing about them, and didn't want anything to do with them.
Late in 2007 I wrote an article for an ezine, and Remax picked it up. They apparently picked up articles written by three other Remax Realtors. From those articles they … (2 comments)
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captain bill travis: The Wells Fargo Short Sale that Almost Wasn't - 11/27/10 11:11 AM
The Wells Fargo Short Sale that Almost Wasn't
Recently my short sale listing closed after sweating it out for a month, and having to issue a cure period notice.
Buyers agent was knowledgeble and cooperative, but his client was a bit difficult; and so was WF.
This short sale listed at $199,900 and had a $190,000 contract within a month. Later the buyer walked and we relisted at $189,900. Seller accepted a new offer at $187,000. Two months later WF responded wanting $215,000.
That price was above market, so I wrote a cover letter, with comps and statistics, supporting … (5 comments)
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captain bill travis: The Risks of Overpricing a House - 10/03/10 01:06 PM
The Risks of Overpricing a House
Recently a Val Vista Lakes custom waterfront home went on the market, drastically overpriced, in my professional opinion.
The home is a beautiful custom home on the waterfront and was listed at over $1,000,000.
The list price is around $280 per square foot.
Average Sold comp is $178 per square foot.
Only 2 homes over $700 thousand dollars have been sold in Val Vista Lakes during 2010.
The average price per square foot for this type home is $178 per square foot. Granted this includes a couple of bank owned homes; but they … (9 comments)
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captain bill travis: Val Vista Lakes Gilbert AZ September Real Estate Report - 10/03/10 11:05 AM
Val Vista Lakes Gilbert AZ September Real Estate Report
Val Vista Lakes is the premier lake and waterfront community in the East Valley Town of Gilbert AZ. There is nothing to directly compare with this community because of the lakes and the spectacular Clubhouse amenities.
Val Vista Lakes recently celebrated it's 25th Anniversary at the Val Vista Lakes Clubhouse on September 24 and for the public at the Fry's Shopping Plaza on September 25th.
The Remax hot air balloon was at Fry's Plaza on September 25 from approximately 6-8pm.
The community consists of 1976 homes, which include condo's, town houses, … (0 comments)
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captain bill travis: Stop Bashing Fellow Realtors for Educating Themselves - 10/02/10 10:16 AM
Stop Bashing Fellow Realtors for Educating Themselves
The real estate agent license school teaches students to "pass the real estate exam". That is all. From there the agent must cough up money and work with a mentor, and/or take advanced classes to get an education in real estate to learn how to better serve and "protect" their clients interest; or learn through their mistakes.
Advanced real estate education takes a large investment of time and thousands of dollars; and it's worth every minute and dollar invested.
It is NOT about the DESIGNATIONS! Agents who have the designations understand this.
It … (12 comments)
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captain bill travis: Val Vista Lakes Produced a Large Successful 25th Anniversary Celebration - 09/30/10 09:38 AM
How to Produce a Large Successful Event
Michelle Haney, the Val Vista Lakes Clubhouse Recreation Manager, produced the "TASTE OF VAL VISTA" section of the Val Vista Lakes 25th Anniversary Celebration.
I asked Michelle to tell us how she went about orchestrating such a large and successful Val Vista Lakes event:"From the beginning I knew that I would not be in town for the actual event, so I wanted the structure of the event to be compartmentalized to easily delegate responsibilities in specific time blocks to key staff and volunteers.
First I started dissecting the event into sections, and envisioned different … (3 comments)
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captain bill travis: Val Vista Lakes 25th Anniversary Celebration a Huge Success - 09/29/10 09:17 AM
Val Vista Lakes 25th Anniversary Celebration a Huge Success
(Balloon Video is Below)
Val Vista Lakes held one section of the 25th Anniversary Celebration on Saturday evening, September 25, which was open to the public, in the parking lot of Fry's store.
There was a large turn out of residents of Val Vista Lakes and the public. I sponsored the Remax Hot Air Balloon and it was situated in a location where it was visible to people attending the artisan and food fair, the Val Vista Lakes Clubhouse (where there was a wedding being held), and cars driving on Val Vista … (5 comments)
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captain bill travis: Listing Agents vs Selling Agents | Why Can't We All be Professional - 09/28/10 10:50 AM
Listing Agents vs Selling Agents | Why Can't We All be Professional
There are a couple of posts discussing complaints of Listing vs Selling agents. My comments are too long for the posts so I want to voice my opinion here.
Since I'm primarily a Buyers agent, and I also list a few homes (currently have 2 listings) I see both sides of the coin.
As a Buyers agent, here is what I would request of Listing agents:
Update the MLS sheet immediately when a change occurs. If the house is vacant I won't call you before … (7 comments)
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captain bill travis: Queen Elizabeth requests a POVERTY GRANT to HEAT HER CASTLES - 09/24/10 11:01 AM
Queen Elizabeth requests a POVERTY GRANT to HEAT HER CASTLES
Queen Elizabeth receives 38.2 million pounds a year from the government, and that includes 7.9 million pounds to cover staff salaries and her personal spending.
In England there is around one million people homeless; and about half of them are in some type of shelter for the homeless with the other half sleeping on the streets. The Queen, who lives a life of luxury wants a Poverty Grant to heat the castles, on top of the millions she already receives?
Unbelievable!!!
http://today.msnbc.msn.com/id/39341169/ns/today-today_people/
If she can't afford to maintain … (3 comments)
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captain bill travis: It's All About ME - 09/24/10 09:57 AM
It's All About ME!!!!
We're all familiar with the narcissistic real estate agent who thinks more of himself than he does of his clients. This video parody seems to picture that very agent, who has a surprise for his clients.
Val Vista Lakes Clubhouse 25th Anniversary Celebration Info For information about homes for sale in Val Vista Lakes contact Captain Bill Travis.View Community Videos by Captain Bill Travis
… (3 comments)
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captain bill travis: Gilbert Program Making the Safest Town in Arizona Even Safer - 09/24/10 08:32 AM
Gilbert Program Making the Safest Town in Arizona Even Safer
Gilbert Arizona has developed a new program called "Cooperating with Cops" that adds 240 eyes and ears to support the Gilbert Police Department.
The Public Works Program has employees that collect refuse and recycling, check water meters, and repair the roads. Those employees get to know the communities well because they are in the neighborhoods often.
Because they're in the neighborhoods around twice a week, and become familiar with what is normal in the communities, they are able to spot when something appears to be going wrong and can call … (0 comments)
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captain bill travis: Seller May Sue the Agent if They Get Robbed - 09/23/10 12:12 PM
Seller May Sue the Agent if They Get Robbed
Many agents state that they insist the seller not be home when the house is being shown. Not only can this be an inconvenience for the seller to get up and leave every time the home is shown, but if they have a home business, it can cost them lost business time, which equals lost money.
Many sellers are not comfortable having strangers in their home when the seller is not there.
When I have a listing, I explain the options to my seller:
Choose to leave for awhile as the buyers … (5 comments)
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captain bill travis: Val Vista Lakes Womens Club Welcome Back Brunch Report - 09/23/10 10:00 AM
Val Vista Lakes Women's Club Welcome Back Brunch Report
To say the Val Vista Lakes Women’s Club "Welcome Back Brunch" was a success is a HUGE understatement. It totally exceeded our expectations! As our Women's Club team worked diligently planning, brainstorming, meetin' & greetin', a little hair pulling and a lot of hand holding, we felt we were ready for our yearly gathering.
Throw in a few "newbies" for good measure, a respectable return of snowbirds home to roost at Val Vista Lakes & what more could we ask for? We were blown away with a staggering … (2 comments)
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captain bill travis: Planning a Wedding? | Check out Val Vista Lakes in Gilbert AZ - 09/23/10 09:48 AM
Planning a Wedding? | Check out Val Vista Lakes in Gilbert AZ
Val Vista Lakes is a Master Planned Community in north central Gilbert AZ, and the resort like Val Vista Lakes Clubhouse Grounds is one of the most spectacular backdrops for a wedding in the entire valley.
The ceremonies are held on the waterfront outside the clubhouse on a Grassy Oval with the man-made mountain and it's beautiful cascading waterfalls in the background. From the Grassy Oval, the bride and groom and guests have a wonderful view of the mountain, the large lake, the Sandy Beach Lagoon … (0 comments)
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captain bill travis: Val Vista Lakes Nifty Fifties September Update - 09/22/10 08:07 AM
Val Vista Lakes Nifty Fifties September Update
It's been a great year for the Val Vista Lakes Nifty Fifty's, and since fall is arriving, many of our summer vacationers are returning, along with the return of our winter Snowbirds. Our Snowbirds come from all over the country including Alaska and Vancouver, Canada.
During the summer our pot luck dinners are held in the smaller Val Vista Lakes Clubhouse West Wing room because many members are out of town. During the fall and winter we move into the larger Clubhouse banquet room because to accommodate increased attendance.
The Nifty Fifties enjoyed … (3 comments)
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captain bill travis: JP PANCAKE at Val Vista Lakes 25th Anniversary Celebration - 09/21/10 08:01 AM
JP PANCAKE at Val Vista Lakes 25th Anniversary Celebration
"Taste of Val Vista Lakes" in the parking lot of the Fry's Plaza.
Val Vista Lakes in Gilbert AZ is celebrating the 25th Anniversary on September 25, 2010 from 5pm to 9pm.
It's open to the publicand will be in the Fry's parking lot at Baseline and Val Vista Drive in the Lakeview Village Shopping plaza.
There will be a Remax hot air balloon from 5:00 to 8:00, so get there early.
Come sample the tastings of your favorite VVL restaurants and caterers. Tastings offered at $1, … (1 comments)
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Bill Travis, Broker/Owner
Gilbert,
AZ
More about me…
Captain Bill Realty, LLC
Address: Val Vista Lakes, By Appointment Only , Gilbert , AZ, 85234
Office Phone: (480) 818-8442
Cell Phone: (480) 226-1630
Email Me
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Val Vista Lakes in Gilbert AZ is a lake community with gorgeous waterfront homes available for sale. These Val Vista Lakes Gilbert homes are located in the East Valley of the Phoenix area.
Captain Bill lives in Val Vista Lakes; and is an active member of the Val Vista Lakes community.
He writes many articles on his blog about the Val Vista Lakes waterfront community, and in addition he writes about his favorite Town of Gilbert AZ.
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