Here's the latest news from my connections at Sun City Festival! Through most of the spring and summer the incentives have been this high so it looks like they're gearin up for the winter sales.

Incredible incentives at SUN CITY FESTIVAL by Del Webb

 
Completed Inventory Homes  - $35,000 to $90,000 off 

New Build Incentives
 
Holiday Series Homes (1100 - 1398 s.f)  -$15,000
Cottage Series Homes (1373 - 1494 s.f)  -$35,000
Classic Series Homes (1612 - 1816 s.f)  -$45,000
Premier Series Homes (1960 - 2323 s.f)  -$70,000
Estate Series Homes   (2450 - 2849 s.f)  -$90,000

 
Vacation Villa's available for $39.00 per night (4 or 5 night stays). Plan a visit while the market is low!!!
New phases opening this weekend.

If you've thought about visiting this community now would be the time to do so. By coming in the summer or early fall you beat the crouds and the selection will never be better.

For more information about Sun City Festival (or any active adult community in AZ) visit www.Retiring2Az.com or call me direct at 623-271-4234.

So you think you want to buy a bank owned home? There is noting wrong with this, in fact these are the best deals out there right now. But you MUST have a Realtor that understands what they are doing and a lot of agents (part time and some full time) are not used to dealing with banks. Your agent can make the difference between getting the home of your dreams and a costly major headache.

Most REO sellers require a special Addendum to the Purchase Contract. These addenda may contain many provisions that change the standard terms of the AAR Residential Resale Purchase Contract.

Some examples to be aware of:

· Changes in close of escrow date

· Alteration of the inspection period, response timeframes & cancellation provisions

· Alteration of Seller warranties

· Alteration of the financing provisions & removal of Unfulfilled Loan Contingency

· Monetary penalties for buyer's failure to close on specified COE date (does not affect seller's failure to close on time/delete) and request for extension of COE date.

· Limitations of seller's liability

· Alters/removes mediation, arbitration and specific

· performance provisions

· May add automatic termination of contract upon breach

· Removes Cure Period

· May add specific monetary remedies upon breach/cancellation

· May add specific provisions for Seller unilateral cancellation

· Required timeframes for Seller review and approval of HUD-1 Settlement statement prior to close of escrow

· Seller to convey title by Special Warranty Deed

· May alter type of title insurance policy to be issued to buyer

· Limitations on Seller contributions to Buyer closing costs; including but not limited to HOA fees, title & escrow fees as per Arizona customary practice

Be sure to review the REO seller's Addendum carefully with your buyer.

 

These are just a few of the items I've run across in the bank owned homes i helped my clients purchase. If you have any questions or would like to begin your search for that great deal out there, give me a call at 623.271.4234 or feel free to visit www.valleyREadvisor.com

 

My sales contact at Trilogy asked if I would pass this along. Shea Homes has just changed their pricing at Trilogy as well as LOWERED the price of their models they are selling. These models of course would be purchased by you and then leased back to Shea Homes until they are finished with the home, right now they expect that to be June of 2012. You'll notice the note that they have the options to extend this it they need the home as a model still.

If you would specific information about these homes visit http://www.retiring2az.com/trilogy.html 

Hi there!  Well the summer is heating up and the savings at Trilogy are UNBELIEVABLE!  Management has changed the pricing on the remaining models so I wanted to get the word out there for those of you that may have folks that are interested.  Shea will have the option to extend on a month to month lease after the initial term expires in June 2012.  Please note that the furniture is separate.  I can provide you with furniture pricing at your request.
 
Also we are down to only 6 completed designer homes! 
 
Lot 1892 Libertas
$311,900
 
Lot 1887 Serenitas
$332,900
 
Lot 1891 Civitas
$353,900
 
Lot 1878 Civitas
$363,900
 
Lot 1880 Aurora
$390,900
 
Lot 1913 Vesta
$439,900
 
 For New Builds we are offering 25% off the base price which will be applied as a Builder Contribution to be used in the design studio, structural upgrades, landscape.  In addition we are still including Solar Panels which is a value of $20,930!
 
Please let me know if you would like any additional information.  There are still a few lots left that are in C 21 which is located in close proximity to the Kiva Club and models.  These lots are selling fast!

If you have any interest in buying a model home (or any home in Trilogy) from Shea Homes please let me know. These represent some of the best homesites in this community and if you weren't ready to retire for a few years this would be a great way to purchase your home in AZ and then let Shea Homes make your payments for you!

Jay Otlewski  -  RE/MAX Integrity

Jay@Retiring2Az.com or call me direct at 623.271.4234

 

Have you ever thought about checking out Active Adult Communities in Arizona? With the new Stay and Buy program at Trilogy at Vistancia, now is the perfect time to do it. Instead of staying in a hotel wondering what's going on in these neighborhoods at night, you can now live the good life with a 3 or 4 night stay in a home at Trilogy at Vistancia.

This program is similar to Sun City Festival's program in that it pays for a dinner, gives you access to the community center and more. It lets you hang out at the club, meet people that live here and learn what it's like to live in a resort style active adult community. Here are a few details-

The Taste of Trilogy program is where you can stay 2-4 nights, receive $100 gift certificate for the Verde Grill, two for golf or two for spa treatment and full use of the Kiva Club and amenities.

2 night, 3 days - $189

3 nights, 4 days - $269

4 nights, 5 days - $349

If you decide to purchase, Shea Homes will credit back the cost of this stay making this stay FREE. What could be better than staying where you want to buy?

I mentioned that Sun City Festival also offers a program like this and in fact I can get you a $5,000 credit for buying out at Festival if you stay there so maybe you could take advantage of both communities and make a whole week of active adult living!

To learn more about these great programs please give me a call at 623-271-4234 or email ay Jay@valleyREadvisor.com and I can cover all the details including helping you setup the stays and make sure you receive your discounts.

For more information about active adult living (Over 55) in Arizona visit www.Retiring2Az.com

Jay Otlewski

RE/MAX Integrity

 

Are you the type that really likes to "dig into" the market numbers? I now have a great multi-page newsletter that gives you more information than you could every want about our market. This FREE report will now be available every month so you can stay in touch with the market just like I do!

This newsletter breaks down all the subsets of our market like how many bank owned homes sold? What percentage of the market were they? What price range is selling fast? And much more!

To get this new report please email me at jay@valleyREadvisor.com and request this free market report!

 

 

I know that one thing most of my clients are worried about when they buy a bank owned or foreclosed home is the condition of the home itself. The banks will always demand that we waive any warranty rights and the condition of the home as well as your right to sue them if there is anything wrong with the home. Even with a home inspection things can fall through the cracks!

I guess I can see the bank's point since they have never lived in the home or have any information about the condition. But every time a client signs the bank's addendum, even though I totally explain they are giving their rights away, I worry they aren't taking this as serious as they should.

Now I can help by recommending they purchase the new home warranty program speficifcally designed for bank owned or foreclosed homes. This new policy protects them like no other home warranty has in the past. It even provides a locksmith to rekey the home for you after closing!

The Sentinel REO Plan is much more than a basic home warranty.The Sentinel REO Plan from ServiceOne Home Warranties is the only home warranty tailored to the needs of a foreclosed home. It not only provides a 1-year warranty on the home's most essential systems and appliances, but it also includes the following homes services especially needed for the Buyer of a Foreclosed Home.

Here's just few details-

1. Re-Key service ( up to 6 keys)
2. AC system tuen-up service
3. Heating system tune-up service
4. Termite control service
5. Pset control service
6. And much more

This new home warranty can really give you peace of mind when buying a foreclosed or bank owned home! For more information about buying a home or to search for bank owned homes in the Phoenix Arizona area please visit www.valleyREadvisor.com or call me direct at 623.271.4234.

 

Has the market changed? Are we still selling as many homes? Are we at the bottom of pricing?

These are the questions that I get asked all the time. By watching this video you will understand what the market is doing here in Phoenix Arizona and if it’s time to buy that home you’ve wanted.



If you still have questions please don’t hesitate to call me at 623.271.4234 or email mne at Jay@valleyREadvisor.com. Also you can visit a couple of my resource sites- www.valleyREadvisor.com and www.Retiring2Az.com

Jay Otlewski RE/MAX Integrity

Here's a short video that gives you an idea of what it's like to live at the Arizona Traditions community. This communtiy offers a large variety of activities and a gate communtiy all at a very resasonable price. Please wathc this short video and let me know if you have questions or would like to see homes in this great community.



I can be reached at 623.271.4234 or simply visit www.Retiring2Az.com

We've all heard the old adage "you never get a second chance to make a first impression." This is especially true when it comes to your home. If you're thinking about selling, there's no more important audience to attract than potential buyers, who are highly influenced by how a home looks the first time they get a glimpse of it. Even if your goal is just to impress your neighbors and guests you should pay close attention to the first impression your home in making. Here are a few simple tips and techniques that can positively affect your home's "curb appeal" and perhaps even its value.

Clean Up and Repair:
The most useful chores to tackle first are basic maintenance and repairs before moving onto larger projects. Clean windows and siding, make sure outdoor lights are working, stow away yard tools and equipment, and clean up dead branches and leaves. Make sure that fences, walkways, and the driveway are in good repair too - a home that looks well taken care of is always more attractive to buyers.

Landscaping:
A full landscape overhaul may not be necessary, but your yard, especially in the front, should look neat and well maintained. Trim any overgrown shrubs, remove weeds, and tidy up planting areas. If the season is right, add some colorful flowering plants to brighten up areas around walkways and the front entrance. It's an easy and inexpensive way to create an instantly welcoming feeling.

The Entrance:
The front door is another key element of that all-important first impression, and should reflect the style of the home. If replacement is cost-prohibitive, consider reviving a tired, faded door with a fresh coat of paint in a great accent color and swapping out the hardware.

Paint It New:
Brighten up the exterior of your home with a new paint job. Driving around your neighborhood may inspire some ideas of what may be flattering to your home. If you're planning to sell your home, it's usually best to go with colors that have widespread appeal so that potential buyers won't be put off by unusual colors or combinations. Painting the exterior can add significantly to the home's value.

Jay Otlewski
RE/MAX Integrity
www.valleyREadvisor.com
Jay@valleyREadvisor.com or 623.271.4234

Westbrook is a premier adult community of 3,910 homes located in the greater northwest Phoenix metropolitan city of Peoria, Arizona. The community features two eighteen hole championship golf courses, plus two recreation facilities with pools, tennis, fitness center, a full variety of arts and crafts rooms, auditoriums, library and media center, as well as a number of resident initiated social clubs. There are also two restaurants on property.

After viewing the video you can find virtual tours of the neighborhood, street level mapping and of course ALL the homes for sale at www.Retiring2Az.com

 

For more information about this or other active adult communities in Arizona contact me at 623.271.4234 or visit www.Retiring2Az.com