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short sales: Distressed Property Home Owners To Buy Again - 05/29/12 04:28 PM
Previous home owners of distressed properties are joining the housing market as lenders are giving them another chance at home ownership. Distressed properties include both foreclosures and short sales, although the waiting periods for home loan qualification differ greatly between the two. Most loan programs are dependent on the home owner making strides to improve their credit score, and have the source of the default no longer apply. For example, lenders are much more willing to lend to someone whose reason for delinquency was a failed business or job loss instead of someone who walked away from their mortgage even though
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short sales: Bank of America Announces $30,000 Short Sale Relocation Assistance - 05/21/12 05:29 PM
Bank of America recently announced the launch of its new short sale incentive program. The program had promising success in Florida, where the pilot program had started. The institution is now launching a nation-wide short sale incentive program that offers delinquent homeowners more assistance with their relocation expenses. The program necessitates a homeowner qualifying for a short sale, but one qualified, relocation assistance will be offered ranging anywhere from $2,500 all the way up to $30,000. Bank of America is very interested in providing alternatives to foreclosure, and is looking to work proactively with homeowners. Program qualifications include getting a pre-approved
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short sales: Investors Investing in the Real Estate Market! - 12/21/11 03:04 PM
With the Chinese investors heading to California and the Canadian investors heading to Arizona, it is giving the real estate a growing niche. The question is which places are investors targeting in their home search? Point2homes.com evaluated where buyers from oversees are looking online to see possible home purchasing patterns that are current and for the future. Here is the list of the top 10 cities for international traffic online by international buyers that were in the third quarter. 1. Las Vegas, Nev. 2. Orlando, Fla. 3. Kissimmee, Fla. 4. Detroit, Mich. 5. Pompano-Beach, Fla. 6. Miami, Fla. 7. Mesa, Ariz.
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short sales: Arizona Estates Home in Chandler, AZ For Sale - 12/07/11 02:31 PM
This is a Large 3 Bedroom, 2 Bath Home with Large Open Spaces. Tile Throughout the Home. This Gorgeous Backyard has a Pebble Tech Pool with Waterfalls & Palm Trees. Feels like You are on Vacation all Year Around. Its a Must See!! Call Gina McKinley, ABR, CIAS, CDPE, CSR, SFR at 480-355-8645 in order to schedule an appointment to view this home. For more pictures and a property brochure, please visit our webpage at www.locatearizonahomes.com/Properties
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short sales: Stronger Lure for Prospective Home Buyers - 12/01/11 06:49 PM
Did you know that home prices have dropped down so far that the cost of owning a home is more affordable now than it has been in the last 15 years!! Purchasing a home is less expensive than renting in a growing number of cities. This has created a great opportunity for Buyers and Investors within the Phoenix area real estate market. If you look at the Wall Street Journal’s third quarter survey, it shows that housing-market conditions in 28 of the nation’s largest metropolitan areas have seen declined home values. Meanwhile, rent levels have increased and with mortgage rates hovering
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short sales: Good News! - 11/22/11 06:18 PM
Finally some good news for the Phoenix market! The Phoenix metro area is showing signs of the real estate market improving. If you look at Realtor.com, the proof is there. KPHO Channel 5 did a story on this. They reported that the sale price for a home in the Phoenix and Mesa area in October 2011 was $157,675. That’s more than five percent higher than it was in September 2011. Now the average list price for a home in the valley is $189,900. The number of homes on the market now has also dropped. The number of active listings is basically
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short sales: Park Central Home in Phoenix, AZ For Sale - 11/21/11 04:44 PM
What A Find! This Cute Home is Filled with Modern Upgrades! Kitchen Remodeled in 2010 Including Tile, Granite Countertops & Stainless Steel Appliances. Both Bathrooms Feature Tile Floors and Showers, Modern Hardware and Lighting. All Bedrooms Feature Newer Carpet or Tile. Covered Patios At The Front And Back of the House are Perfect for Relaxing Outside! Huge Backyard! Built-On Storage Room Is Wired for Cable With Wall A/C Unit And Built-In Shelves. Great Location Close to I-10. SR-51, Light Rail and Downtown! Seller's Loss is Your Gain - Don't Miss Out on This Great Home. Drapes Do Not Convey. Call Gina
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short sales: Tradition Short Sale Home in Chandler, AZ For Sale - 11/18/11 06:07 PM
Gorgeous Home in the Heart Of Chandler! This Home Features Decor Paint, Neutral Carpet, Tile in All the Right Places, Ceiling Fans, Upgraded Lighting & Much More! Great Room Features Spacious Area for Entertainment & Formal Dining! Eat - In Kitchen Features Breakfast Bar, Lots of Counter Space, & Spot Lighting! Spacious Master Features Vaulted Ceilings, Dual Sinks, Vanity, Separate Shower & Large Tub! Huge Backyard is an Entertainer's Dream! Don't Miss Out on This Fantastic Home! Call Gina McKinley, ABR, CIAS, CDPE, CSR, SFR at 480-355-8645 in order to schedule an appointment to view this home. For more pictures and
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short sales: Dispelling Myths of the Arizona Anti-Defiency Statute - 11/11/11 04:51 PM
As you might have heard, Arizona homeowners have some measure of protection after foreclosure due to our anti-deficiency statues. However, many homeowners don’t know what those statues are to recognize how they can be protected. The anti-deficiency statutes have three qualifications: (1) the home must be a single family unit or a duplex, (2) the home must be on a 2.5 acre lot or less, and (3) the home must be utilized as a dwelling. These qualifications limit the owner’s protection from being pursued by their lenders for outstanding balances on their loans in excess of the money earned from the
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short sales: Home Affordable Refiance Program - Can it Help You - 10/27/11 03:31 PM
Can HARP 2.0 help you stay in your home and avoid foreclosure? This is a great question and one that I am sure many of the distressed homeowners we work with will wonder about. The Home Affordable Refinance Program (HARP) may be able you and here is essentially what we’ve had to say about the revamped government mortgage refinancing program: HARP 2.0, as the media has started to refer to it, has some merit, but it’s scope is very limited and it will have little or no impact on foreclosures or the estimated 6.4 million homeowners nationwide who are behind on
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short sales: Augusta Ranch Home in Mesa, AZ For Sale - 08/09/11 03:19 AM
This Charming 3 Bedroom, 2 Bathroom Home Is Located In The Wonderful Golf Course Subdivision Of Augusta Ranch! The Separate Family & Living Rooms Make For A Spacious Home! Open Kitchen Features Built-In Microwave, Gas Stove, Maple Cabinets, Breakfast Bar & Pantry! Master Bedroom Features Vaulted Ceilings, Full Master Bathroom & Walkin Closet! Neutral Colored Carpet & Tile, Décor Paint & Ceilings Fans Throughout! Back Yard Features Covered Patio, Gravel Around Perimeter & Large Mature Trees! This Home Won’t Last Long At This Fantastic Price! Call Gina McKinley, ABR, CIAS, CDPE, CRS, SFR at 480-355-8645 in order to schedule an
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short sales: The Best Deal: Short Sale or Foreclosures? - 06/29/11 09:19 PM
With distressed properties inundating the market after the real estate boom, many buyers are looking to capitalize on the low prices of homes. However, some are leery of what are reported to be lengthy and difficult transactions. While the true answer of which is the best deal depends on the home buyer's personal situation (how quickly they need to buy, or how much money they have to fix up a home), here are a couple of pros and cons for each type of distressed property. Time Periods:Short sales tend to be long transactions, averaging anywhere from 60-90 days. Programs such as the federal Home Affordable Foreclosure Alternatives
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short sales: Tone Ranch Estate House In Gilbert, AZ For Sale - 06/06/11 10:52 AM
This Gorgeous Home Is Located In The Fabulous Neighborhood Of Tone Ranch Estates! Kitchen Features Large Island, Gas Range Top, Plenty Of Cabinets For Storage & Pantry! Separate Family & Living Rooms With Tile Floors! Master Bedroom Features Separate Back Yard Exit, Full Master Bathroom With Double Sinks, Separate Shower & Tub & Walkin Closet! The Large Back Yard Has Plenty Of Grass & Concrete Area For Fire Pit & Patio Furniture! This Short Sale Won't Last Long! Call Gina McKinley, ABR, CIAS, CDPE, CRS, SFR at 480-355-8645 in order to schedule an appointment to view this home. For more pictures
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short sales: Village At San Tan Heights Home In San Tan Valley, AZ For Sale - 05/25/11 05:35 PM
This Lovely Home & Approved Short Sale Is Located In The New & Growing San Tan Valley! Situated On A Large Lot, The Back Yard Is Ready For Your Buyers Design! The Covered Patio Is An Excellent Starting Point! The Back Yard Also Features An RV Gate! Master Bedroom Features Full Bathroom, Double Sinks & Walkin Closet! This Home Won't Last Long At This Amazing Price! Call Gina McKinley, ABR, CIAS, CDPE, CRS, SFR at 480-355-8645 in order to schedule an appointment to view this home. For more pictures and a property brochure, please visit our web page at www.LocateArizonaHomes.com/Properties
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short sales: Andersen Springs House In Chandler, AZ For Sale - 05/09/11 09:25 PM
BEAUTIFUL HOME LOCATED IN A VERY DESIRABLE ANDERSEN SPRINGS NEIGHBORHOOD. LOOKS TO PARKS, LAKES, SHOPPING, SCHOOLS, HOSPITALS, AND CHANDLER FASHION MALL ** THE KITCHEN HAS A PANTRY, PLENTY OF CABINET SPACE, AND BAY WINDOW ** FORMAL DINING AND LIVING ROOM ** FAMILY ROOM HAS FIREPLACE, MASTER BEDROOM HAS A WALK-IN CLOSET, JETTED TUB AND DOUBLE SINKS ** THE 4TH BEDROOM IS LOCATED DOWNSTAIRS, CAN BE USED AS A GUEST BEDROOM, DEN OR OFFICE ** BEAUTIFUL POOL AND SPA - NICELY LANDSCAPED TO PROVIDE A VERY RELAXING AND QUITE ATMOSPHERE - PLENTY OF TREES FOR SHADE AND PRIVACY. GREAT FAMILY HOME* N/S
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short sales: Short Sales – The Great Investor Opportunity - 04/09/11 03:00 PM
Short Sales in Arizona have a come a long way in processing times and successfully closing.Short Sale processing times are now averaging about 45 days for the Big 3 lenders, Bank of America, Chase, & Wells Fargo. The Phoenix Arizona market has changed drastically over the first quarter of 2011 and we are now down to a 3.8 month supply of inventory indicating great demand and stiff competition for homes. There is a great opportunity for investors to purchase short sale homes at higher discounts than REO (Bank-Owned) homes. The opportunity with a Short Sale listing is that an investor would not encounter the multiple offers involved and current
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short sales: Mastercraft East Home in Chandler, AZ For Sale - 01/12/11 01:12 PM
Don't Miss Out on This Wonderful Home! Features Include a Spacious & Open Floor Plan, Ceiling Fans, Neutral Carpet, Tile, & Laminate Flooring, & Eat-In Kitchen!! Kitchen Features Lots of Cabinets, Black Appliances, & Extended Countertop! Master Bedroom Features Multiple Windows for Natural Light, Lots of Closet Space, & Vaulted Ceilings! Huge Carpeted Area in Garage For Laundry Features Lots of Shelving & a Ceiling Fan! Large Play Pool Features Built-In Holes for a Volleyball Net, & Covered Patio Has Plenty of Room to Entertain! This Home Directly Faces Hoopes Park, Great For Exercise or Play! Call Gina McKinley, ABR,
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short sales: The Trails Home in Chandler, AZ For Sale! - 11/10/10 07:58 PM
This Home is Truly A Gem! Attractively Painted Stucco & Stone Front Home Leads to A Private Courtyard Perfect For Enjoying Cool Arizonan Mornings. Spacious Kitchen Features Island, Lots of Counterspace, & Lots of Cabinets for All of Your Storage Needs! Family Room Features Large Window For Natural Light & Large Entertainment Niche! Desert Landscaping is Low Maintenance & Easily Enjoyable! Home is in Ideal Location, Close to Freeway Access & Restaurants! Seller's Loss Is Your Gain! Call Gina McKinley, ABR, CRS, CDPE, SFR at 480-355-8645 in order to schedule an appointment to view this home. For more pictures and a
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short sales: Continental Terrace Home in Chandler, AZ For Sale - 09/24/10 10:14 PM
Take a Journey To This Amazing Southwestern Home! This 2 BD, 2 BA, 1284 SQFT Home is the Perfect Home for You! This Home Features Decor Paint & Neutral Tile T/O! The Kitchen Features Upgraded Wood Counters, Lots of Cabinets & More! The Living Room Features A Fireplace Great For Cold Winter Mornings! Spacious Master Bedroom Features Walk-in Closet & a Separate Exit to Covered Patio! This Home Features Desert Landscaping That Looks Great With Little Maintenance, Plus A Private Fenced Pool! Home Is in an Ideal Location In A Quiet Cul-de-sac Lot & Close to Restaurants, Entertainment, & A Bus
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short sales: IS RARE “REALLY” RARE? - 08/06/10 09:16 PM
A recent article told the amazing story of a family who-within a matter of hours -were to vacate their home due to foreclosure proceedings. This family had tried everything (within THEIR knowledge) to save their home, with no success. The packing process was fully underway, when a family member lucked up on a "rare" comic book that was potentially worth $250,000.00 and it was "Superman" to the rescue!! What are the chances that would happen for most homeowners that are facing foreclosure today? There's good news! Rare is not "really" rare! "Superman" comes in many different ways for homeowners today that
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Gina McKinley, ABR, CIAS, CDPE, CRS, SFR ~ Chandler, Gilbert, Mesa, & Scottsdale
Chandler,
AZ
More about me
RE/MAX Masters
Address: 2390 W. Ray Rd, Suite 3, Chandler, AZ, 85224
Office Phone: (480) 821-5700
Cell Phone: (480) 600-1129
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