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short sale: Mortgage fixes - Useless as Feathers on a Lizard! - 07/11/10 07:25 PM
Dear Congressmen, Congresswomen and Senators, 
For nearly ¼ of a century, my wife and I have been REALTORS®.  We have been with Coldwell Banker Residential Brokerage in Phoenix, Arizona well over a decade. We have processed over 130 successful short sale approvals.  A growing part of our short sale clientele is comprised of good folks who have been placed in very bad and difficult positions, through either job loss, health issue or job relocations.  Many would love to keep their homes.  Congress has failed to move fast enough to help the growing population of short sale sellers.  There is NO reason … (4 comments)

short sale: What to say to a Loss Mitigation Negotiator - 01/13/09 06:45 PM
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short sale: Short Sale Loss Mitigation Tutorial - 11/30/08 01:55 PM
As the Phoenix valley real estate market continues to deteriorate and more and more properties hit the market as REOs, also known as Foreclosures, property values continue to plummet. On Tuesday, November 25th, Adam Kres, reporter for the Phoenix Business Journal wrote " Home prices continue to plummet across the country, and Phoenix is leading the way. According to the S&P Case-Shiller Home Price Index, values in the Phoenix metro area are down nearly 32 percent compared with third-quarter numbers of 2007. Kress went on to write… of all cities in the national index, Phoenix posted the biggest loss in home … (2 comments)

short sale: Lessons Forgotten are Lessons Learned - 10/26/08 10:36 PM
Sellers today have a particular challenging decision to make, "Do I sell or do I sit out the market and wait for a more opportune time?" Today's Arizona Republic noted that property prices/values in the Valley have retreated from the gains realized during the boom days of 2003, 2004 and 2005 backward to a pre-boom era. Some Valley communities are seeing property values/prices retreat to those of 2002/2003. These sobering realities heap a very interesting set of scenarios on today's Sellers and Buyers.
As a Seller, consider the following:
The challenges Sellers face today is that most of the inventory Sellers … (4 comments)

short sale: REOs vs. The Short Sale... Sale Prices - 10/12/08 09:51 PM
Well... another bumpy ride on Wall Street last week... but then again... that's not news to anyone.  Here's what you may not know though, the Real Estate Market may be in the beginning stages of stabilizing.
The Arizona Multiple Listing Service reports that there are over 6,200 residential properties currently in the Sale Pending category. This is about the same number of homes that were in the SOLD category in 2001, 2002 and 2006. Of the 6,200 homes in the Sale Pending category, a little over 2,000 were placed in the Sale Pending category between October 1st and 12th.  Of that … (0 comments)

 

G-II Varrato II

Luke AFB, AZ

More about me…

Coldwell Banker Residential Brokerage

Office Phone: (623) 344-4000

Cell Phone: (602) 796-5674

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My BLOG is published to help contribute mine and my wife, Lori Klindera, knowledge and experience of the industry, unusual transactions, and other industry related articles. We are REALTORS for over two decades, practicing first in Florida and now for the past decade plus, in The Valley of The Sun, Phoenix Arizona.


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