arizona: So you want to buy a bank owned home? - 07/25/09 12:13 PM
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 … (0 comments)
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arizona: Trilogy at Vistancia in Peoria, Arizona - 07/20/09 12:25 PM
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 … (0 comments)
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arizona: Trilogy at Vistancia in Peoria, Arizona - 05/23/09 08:16 PM
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 … (0 comments)
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arizona: Phoenix Arizona April market conditions update! - 05/20/09 05:11 PM
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 … (0 comments)
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arizona: Buying a bank owned or foreclsoure home in Phoeniz Arizona - 05/20/09 04:42 PM
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 … (0 comments)
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arizona: April 2009 Phoenix Arizona market update! - 05/08/09 05:28 PM
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 … (0 comments)
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arizona: Selling your home faster with Staging! - 05/04/09 09:40 AM
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" … (0 comments)
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arizona: Active Adult Living at Westbrook Village in Peoria, Arizona - 04/29/09 04:08 PM
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 … (0 comments)
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arizona: Ever want the price of a home without calling an agent? - 04/23/09 04:04 PM
We’ve all wanted to know the price of a home for sale in our area. Most of you wish you could get the price without having to talk to an agent? How about getting an email with details and pictures? Now you can!
Think about how this could help you when you’re looking for your new home…you’re driving by a home for sale and you simply dail a local number and enter the street number (IE: 123 Main St would be 123) and the system gives you all the details about this home for sale without having to call an … (0 comments)
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arizona: New Federal Website to Help You Keep Your Home! - 03/20/09 10:56 AM
Have you thought about a short sale? Not sure where to turn? For more information about keeping your home you can visit www.PhoenixHomeRescue.org or simply call me at 623.271.4234.
Before you make the desicion to walk away from your home or short ssell it, you should go to the the new website from the federal government. This site offers online tools that will allow a homeowner to determine if they are eligible to participate in the "Making Home Affordable" loan modification and refinancing program.
The site is http://www.MakingHomeAffordable.com and shares information about how this program works and who is eligible for … (0 comments)
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arizona: Active adult communities...are they really active? - 03/05/09 04:56 PM
I spent a few hours this week taking pictures of a couple of active adult communites for the revision of my website, www.Retiring2Az.com. I did it during the week in the morning and early afternoon because I didn't think there would be a lot of people out and about. OK I was wrong!
I went to Corte Bella first and the pool was packed, the golf course had them stacked up at the first tee and people were relaxing at the clubhouse. It was interesting to see so many people out enjoying themselves. I've had people ask "do you ever get … (0 comments)
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arizona: Out with clients in Phoenix, Arizona - 03/05/09 04:54 PM
This last week was a good week for working with clients. It all started early on Sunday and continued through yesterday with 2 listing presentations. It's funny, every time someone here's I'm a REALTOR they say something like "Oh I'm sorry" or "Things must be really bad". The good part is I get to say that I've never been busier then I am right now. Of course they look at me wondering if I'm telling the truth.
I had 2 clients from out of town and 3 clients local looking at homes and asking about selling their home. I spent a lot of time out … (0 comments)
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arizona: New Listing- 9850 W White Feather Lane, Peoria, , 85383, Arizona - 12/23/08 10:12 AM
Absolutely the best homesite in Pleasant Valley! Enjoy 180-degree views of the mountains out your back door without anyone behind you. Home offers enough room to spread out and a 4-car garage you can park all your toys. The 23,724 sq ft home site with RV gate will give you all the room you need. You'll rejoice over the high ceilings, fireplace and great views everywhere. Kitchen has Cherry cabinets with SS appliances and an island to die for. Upstairs the game room/loft gives you that "I want toys" area for a pool table, mega TV and more. 4 bedrooms and … (1 comments)
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arizona: 9850 W White Feather Dr, Peoria, AZ 85383 - 12/21/08 08:21 AM
Absolutely the best homesite in Pleasant Valley! Enjoy 180-degree views of the mountains out your back door without anyone behind you. Home offers enough room to spread out and a 4-car garage you can park all your toys.
The 23,724 sq ft home site with RV gate will give you all the room you need. You'll rejoice over the high ceilings, fireplace and great views everywhere. Kitchen has Cherry cabinets with SS appliances and an island to die for. Upstairs the game room/loft gives you that "I want toys" area for a pool table, mega TV and more.
4 bedrooms … (0 comments)
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arizona: Need a few repiars but don't want the cost of a FHA 203k? - 12/11/08 11:36 AM
I wanted to pass along a "short-cut" that may help to avoid having to utilize an FHA 203k.
If your buyer has a contract on a home that requires some minor repair, there is a way to finance the cost of the repair through an old fashioned escrow holdback. FHA will allow a buyer to finance in the cost of a repair (so long as it is related to Minimum Property Standards - MPS) up to the amount of $5,000. In order to do this, the appraiser must note that the requested or desired repair is related to and a functional … (0 comments)
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arizona: Buying a Distressed Home and Borrowing Repair Money - 12/09/08 11:26 AM
In this weeks episode of the Phoenix Real Estate Advisor podcast I have Shelley Martin from Suburban Mortgage back to answer a few more questions about how you could buy a distressed home and have the repair cost added the to the mortgage.It's called a FHA 203k loan and it allows you to borrow up to $35,000 of additional money for repairs to the home. People were asking about what the money can be used for, is it more expensive then a regular FHA, what are the credit requirements and more.
Click here to listen to the podcast!
Please listen to … (0 comments)
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arizona: What's up with the Market? - 11/19/08 01:06 PM
Some of the hot economic news we talked about last week has hit and ... its interesting.
•- Housing starts were down 4.5% and building permits were down 12%
•- CPI (measure of inflation) posted the largest decline in the 51 year history of the BLS
•- Average weekly earnings rose 1.4%
I am going to take a glass is half full stance on these numbers. Obviously the lower inflation number is a big plus (we must see what the Fed does with rates to see where this will go), and the hike in earnings is positive. The negative housing stats … (1 comments)
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arizona: Sun City Festival- Popular Questions I Get - 11/17/08 03:01 PM
Here's a collection of the questions I most often receive from people about Sun CIty Festival. If you have others please don't hesitate to call me at 623.362.3060.
Ask me about how you can stay at the villas for FREE!
Q: How many Inventory homes do they have?
A: Approximatley 93 finished homes.
Q: What are the average prices of these inventory homes now, with the reductions?
1372 sq ft - 1494 sq ft ..... $160's to the $190's 1610 sq ft - 1816 sq ft ..... $200's to the $220's 1960 sq ft - 2323 sq ft ..... $230's to the … (0 comments)
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arizona: Phoenix Real Estate Market Update for October - 11/04/08 03:49 PM
In this weeks episode of the Phoenix Real Estate Advisor I review the market conditions for the month of October vs. September. Tis includes home sales, days on market, average sales price and more.
I use MLS statistics to inform you on two fronts-one for the Phoenix metro area and the other for my specific market area, the northwest valley. You'll be interested in hearing the changes in our market over th last couple months so please listen to this podcast and then give me your feedback.Click here to listen to this short audio podcast!
Remember you can always reach me … (0 comments)
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arizona: Proposal 100 in Arizona - 10/27/08 01:17 PM
OK, I know you might be getting tired of hearin gabout proposal 100 but I need to write abou tit one more time. This proposal is really important to all of us. If this proposal doesn't pass you could find yourself as a homeseller or buyer paying a new tax. This new tax will hurt home sales in Arizona which does not need any help making it worse then it all ready is.
Example of tax-
If a home sold for $275,000, Arizona residents would pay an addtional $5,418 and it could be worse. A YES vote on proposal 100 will … (0 comments)
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