buying in tucson: Is Now A Good Time To Buy A Home? - 08/04/08 10:35 AM
Our Federal government has stimulated the market with the recent tax credit. Now is a great time to buy. Those who ignore this opportunity will be throwing money away. Does this mean Buyers should throw caution to the wind? By no means should any home buyer ignore due diligence in buying … (2 comments)
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buying in tucson: Tucson Real Estate January Golf Property Sales - 02/17/08 07:08 PM
January 2008 Tucson real estate sales for golf properties backing up to a fairway, green or tee weren’t very high, but, they were high enough. Of the fifteen sales one lucky individual will be enjoying the Accenture Match Play Championship live from the comfort of home. From their perfectly positioned home … (1 comments)
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buying in tucson: Tucson Real Estate January 2008 Preliminary Home Sales Report - 02/03/08 12:11 PM
On January 18th I predicted that residential home sales for January should fall between 546 and 610. As of February 1, that number is 568. Mid point within the range. Not bad for predicting. Reporting will continue for the next couple of weeks. The official numbers will be collected on or … (0 comments)
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buying in tucson: What Do Tucson Homes and Foreign Dollars Have In Common? - 12/27/07 05:44 PM
Since my earlier article Everything Canadian Home Buyers Want To Know About Tucson Real Estate I have been seeing more about foreign investment in American real estate. It goes beyond Canadian buyers. It makes perfect sense for Foreign Investors as well as second home and vacation home buyers to look … (0 comments)
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buying in tucson: Everything Canadian Home Buyers Want To Know About Tucson Real Estate - 11/25/07 11:06 AM
With a name like Trudeau would you be surprised if I told you I am the grandson of a Canadian immigrant who spoke only French when he and his brother arrived in America? As a youth I bore the Canadian flag on nearly everything. Trips from Seattle to Vancouver, British … (0 comments)
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buying in tucson: October Home Sales 2007 - Tucson Real Estate - 11/13/07 04:09 PM
Tucson Association of Realtors October report is out.
Sales did increase over September; the official number is 790 sales. September had only only 683 reported home sales through the MLS. Buyer confidence may be showing signs of being on the rebound. I know I am seeing a little more buyer activity … (0 comments)
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buying in tucson: What is a homebuyers initial greatest fear? - 11/06/07 04:05 PM
As a REALTOR® who works a lot with buyers (who while in between sits site sales) I get a good feeling for buyer fears. The biggest initial fear isn’t whether the home they choose to buy is worth the value. It isn’t whether they can afford the payments. It isn’t whether … (4 comments)
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buying in tucson: Buying Homes With Pools In Tucson - 10/29/07 06:18 PM
Many home buyers looking for real estate in Tucson look for homes with a pool or room to install a pool. Living in the desert a pool is comforting to relax in at the end of a long hot day and on weekends. A swimming pool is definitely an asset … (2 comments)
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buying in tucson: Tucson Real Estate October 2007 Mid Month Home Sales Report - 10/26/07 09:01 AM
Looking at the Tucson real estate sales from the first of October to the 20th gives a healthier picture than September’s mid month report. Positive news for the market. Closed real estate sales rose from the 385 in this time frame in September to 403 for October. A step in the right … (0 comments)
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buying in tucson: Tucson Real Estate Best Time To Buy A Home - 10/24/07 08:43 AM
The headline in the Sunday Arizona Daily Star was “Now may be best time to buy a home.” With the number of homes on the market sellers are wanting to sell for much less than they were months ago. Foreclosures are up, as are short sales. The great thing about … (1 comments)
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buying in tucson: What Do Home Buyers Expect In The Real Estate Market Today? - 10/14/07 05:26 PM
Ask any Realtor in the Tucson real estate market what buyers expect and you will likely hear one common answer, “Satisfaction.” Satisfaction is a fairly general term. What does satisfaction mean.
Two years ago satisfaction meant getting the home that buyers were bidding for without someone else out bidding them. It was … (1 comments)
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buying in tucson: Housing Market Predictions - 10/09/07 04:28 PM
I see a lot of searches on my site looking for “Housing market predictions.” Buyers want to know what the future holds, as do sellers. The Tucson real estate market was fairly predictable up until July of 2007. Then the market changed. Not that there weren’t enough homes to choose … (0 comments)
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buying in tucson: Home Buyers Should Know How To Protect Themselves - 10/05/07 12:42 AM
Title Insurance they are paying for when buying a home. In Home Buying 103 I briefly covered the different types of policies buyers should be looking for. Questions to ask: What type of coverage am I getting? What type of policies are available? How much will additional coverage cost? What … (1 comments)
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buying in tucson: What To Look For When Buying Tucson Homes - 09/16/07 08:14 PM
As a Realtor® our role changes week-to-week, day-to-day, hour-to-hour. One of the most important roles is helping buyers to view homes that may or may not meet their needs. I like to tell the Buyers I work with, “I’m going to tell you what I’ll tell you. I’m going to tell … (0 comments)
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buying in tucson: President Bush Addresses Fed Assistance For Subprime Homeowner - 08/31/07 02:35 PM
Earlier today President Bush addressed the sub-prime crisis and what the Federal Government plans to do to help homeowners at risk of losing their homes.
The comments I liked were:
Bush said, “It’s anything but modest if you’re one of the families affected. READ MORE
… (0 comments)
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buying in tucson: What Does Tucson Home Buying Have In Common With Golf? - 08/31/07 01:13 PM
In my article comparing home selling to golf I used a game for the analogy. For Buyers I think relating to the equipment is a better analogy.
Golf You need an easy college credit at your local community college. Golf seems innocent enough. You’ll just take the class and move … (0 comments)
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buying in tucson: Home Buyers Wanted! - 08/27/07 05:28 PM
I had a dream last night that I was standing on the street corner with a sign saying, “Home Buyers Wanted.” It was too real. With the scare we see every day on the news about the real estate market, it makes it tougher for Sellers to sell their home. … (1 comments)
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buying in tucson: Are You Crazy, What Do You Mean Range Pricing? - 08/25/07 01:37 PM
We have all heard about the Drew Carey game show Power of 10. Contestants must pick a range on the scale for their answer. With each question the range decreases. Similar concept of pricing items within a range has been used on The Price Is Right for years. Pricing a home … (5 comments)
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buying in tucson: Should I Buy A New Home or A Resale Home? - 08/24/07 09:48 AM
There are arguments for both sides of the coin. New home construction has benefits for warranties, perceived better condition (new), and perceived potential higher value. The later has become the most important factor for buyers to consider. Will my home have the same or higher value six, twelve or sixty … (1 comments)
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buying in tucson: First Magnus Falls Prey - 08/16/07 12:07 PM
The Arizona Star reported that First Magnus halts loans. Falling prey to the mortgage debacle that is effecting availability of home loans across the nation. Its getting ugly out there. It looks like everyone is panicking about the sky is falling. We went through similar in the 1980’s with S&L’s closing. … (3 comments)
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buying in tucson: 7 Steps To Buying A Home - 06/30/07 01:17 AM
Buying a home in Tucson Arizona may be slightly different than buying a home in other parts of the country. However, the basics are similar. Home buying is not complicated when you set up pillars of support and take seven steps to a successful purchase. I have prepared 7 steps to … (0 comments)
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buying in tucson: Tucson Real Estate - Home Buying 107 - 06/29/07 09:30 AM
Tucson Real Estate The final step in buying a home is Close of Escrow (COE). This is where everything comes together.
At COE all the instructions from the buyer, seller, lender, listing agent, and selling agent come together into what is called Closing Documents. The offer, counter offer, buyer inspection notice, … (0 comments)
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buying in tucson: Tucson Real Estate - Home Buying 106 - 06/24/07 11:07 PM
Due Diligence and Inspections
Due diligence is addressing issues like insurance, surveys, legal access, easements, prior use of the property, zoning restrictions, CC&R's (Covenants, Conditions, & Restrictions), etc.
Inspections are primarily concerned with physical condition, operating condition, infestation, safety, etc.
Seller Property Disclosure Statement (SPDS)
In Arizona, ask for an SPDS. This is where … (0 comments)
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buying in tucson: Tucson Real Estate - Home Buying 105 - 06/21/07 10:05 AM
Making an Offer and Writing A Purchase Contract
You are pre-approved by your lender, are comfortable with your REALTOR®, know how you want to take title and found the right home. Now you are ready to make the offer. Let's consider a few things in writing an offer.
Price
What have like or … (0 comments)
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buying in tucson: Tucson Real Estate - Home Buying 104 - 06/19/07 01:23 PM
Searching for a home entails more that just jumping on the Internet and picking a house. Before starting to search I recommend answering some serious questions. This will help shorten the search and find the right home to meet your needs.
Geographical Location - Not every area is going to fit your … (1 comments)
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buying in tucson: Tucson Real Estate Home Buying 103 - 06/17/07 12:02 PM
Home Buying 103 - Title Company
The third pillar in home buying is the Title Company. There are numerous good title companies in Tucson. Their role is to compile everything the seller, buyer, and lender instruct into a meaningful result. Title Companies also check county records to find recorded liens and other recorded … (0 comments)
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buying in tucson: Top 7 Characteristics Your Realtor Needs - 05/26/07 07:06 PM
Top 7 Characteristics Your Realtor Needs:
1. Honesty - When interviewing a Real Estate Agent look for honesty. Is the Agent answering your questions to apiece you or are they telling the truth. If each Realtor® comes in with a price higher than the previous, are they just trying to get on your … (2 comments)
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buying in tucson: 60 Minutes - What Everybody Ought To Know About Real Estate Commissions - 05/13/07 10:32 PM
Today I watched a tabloid style presentation from 60 Minutes about Chipping Away At Realtors' Six Percent. There are dozens if not hundreds of people incarcerated for this perspective of preconceived notion. During my 20 plus years in the Criminal Justice System I was taught to investigate to find the person innocent. If … (5 comments)
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buying in tucson: Who Else Wants To Know About Home Sales In Tucson? - 05/12/07 12:04 AM
Home sales may not have been as high as I predicted. But, Tucson's real estate sales for April remained higher than sales prior to the frenzy of 2004 and 2005. Good news, January through March sales were higher than reported. How close are my predictions? January 966 predicted, 971 sold; February 1,047 predicted, 1,022 sold; … (2 comments)
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buying in tucson: Starter Home With No Garage - 04/25/07 04:35 PM
Ideal starter home. Newly constructed TEP Energy Efficient Guarantee. Stained concrete floors, heat pump, hoc/trowel interior, recessed lighting, A/C, 3 bedrooms, 2 full baths with laundry closet for full size appliances. Constructed by AZ Roc licensed General Contractor. Contractor and manufacturer warranties convey. This property is 823 Lot A.
For More Information … (0 comments)
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buying in tucson: Starter Home With a Garage - 04/25/07 04:30 PM
Ideal starter home. Newly constructed TEP Energy Efficient Guarantee. Stained concrete floors, heat pump, hoc/trowel interior, recessed lighting, A/C, 3 bedrooms, 2 full baths with laundry closet for full size appliances. Constructed by AZ Roc licensed General Contractor. Contractor and manufacturer warranties convey. This is 823 Lot B. For more Information on … (0 comments)
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buying in tucson: 10 Things Home Buyers Should NOT Do - 04/22/07 05:05 PM
As Home Buyers you have read, heard and digested everything available about what to do. What about what NOT to do?
Here's 10 Things Not to do:
Buy a house on emotion. Who cares that the one across the street sold for $200,000 less. This is your dream home and you are … (4 comments)
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