According to Business Week California leads the nation with our own Surprise Arizona coming in at number 8!! That should be welcomed news to the homeowners there who have taken quite a dip in home values. But, this doesnt mean that the values have gone up, just that the properties are being snatched up more quickly. One would hope that this increase would follow with some stability.
Surprise offers a great buy for the prospective buyer, with many homes of all types and sizes well under 200,000. To View a property in Surprise or any other Phoenix Metropolitan Area call me today.
As an Agent it is my responsibility to present the opportunity to view every home that is available to my buyers. Lately however, I have seen a few of my buyers grow tired of bidding on short sales only to walk away from the process after months of waiting.
The process of dealing with REO and Short Sale properties can be filled with roadblocks. When a buyer is truly ready and qualified, they usually would like to move relatively soon.
As an agent I am used to working thru the process and hanging in there until every detailed is handled and it certainly is easier if I am the listing agent. For the buyer however, it is difficult to go thru the waiting process only to find out that your offer was rejected after waiting 60 days for some kind of a response. Or to find out that the house that showed active has 6 offers on it, has been in escrow or is 2 days away from closing. Since 48% of the homes in Phoenix that sell are bank foreclosures or short sales, it sure is nice when it goes smoothly.
So I appreciate it when agents working with short sales and REO properties take some classes to understand the process and how to assist in moving it along.
Counseling my buyers about the possible setbacks doesn't deter them from looking at lender owned and short sale properties. They even know that lenders are not taking low offers and there can be multiple offers. So they suit up their emotional armor, believe that they will not be the "nightmare transaction" and get in the game only to be frustrated in the process.
Certainly I will continue to show , list and sell lender owned property and short sales. But if the banks involved and agents working with them would step up their game and understand "time is of the essence" more buyers would stick with them and we would see our inventory go down quicker. As agents when we handle these properties we need to return calls and keep buyer agents informed. For any buyers who are interested in a short sale, know that it can take months, but in the end you can get your dream home.
These are different times, requiring lots of education and perseverance. So I am hanging tough!!
Recently I was talking with a previous client who wanted to list her home for sale and take advantage of the market prices now to downsize and buy a home. We began by looking at homes on the market to see if what she was looking for was on the market and available on the budget she wanted to spend.
After looking at about 20 homes it became apparent that we could indeed find the floorplan and the price range that suited her. Our disappointment came in the condition of the homes. Most of them are now REO or short sale properties in poor condition which will require extra cash at closing to make them livable.
Knowing that, it becomes hard for a seller to justify pouring money into their existing home to make it ready for sale.
We all know that a pristine property sells quickly, but lately it can sell at an REO price. My suggestion is to make your home as clean as possible, clutter free , freshen rooms by painting them and always make sure your yard is maintained.
So if you are selling your home:
I don't suggest spending lots of cash on your existing home anymore, instead I wait for an offer, the repair requests and weigh the advantages. In most cases an owner occupied home is in better condition to begin with.
In some areas of the Greater Phoenix Area, homes sell at 2001-2003 prices, that's pre pre pre-boom prices! Even if you keep your home in immaculate condition and it shows better than the competition you might have to keep reducing it to get a sale. So my advice is be cautious about your expenditures.
I know that some agents feel it has to be upgraded to the max, new carpet, etc... and yes that will make it sell and even command a better price. However, you might not come close to the dollars you spent getting it that way and do better selling it "as is" like most of the competition
Only home available in this subdivision with these views! Clear Aire subdivision offers an architectural plan modeled after Costa Del Sol in Spain. A small enclave of homes on sloping hills.
Two Master bedrooms, with private baths. Well cared for home with newer roof, bathroom and kitchen upgrades. Dual pane windows, Ac within last 4 years.
Three Private Patios to Enjoy, No Shared Walls, Heated Community Pool, Well Cared for and Updated
Two Master Bedrooms, Living and Family Rooms, Eat in Kitchen, Tiled Floors, Lots of upgrades
Atrium Filters Light into the living room and hallway, Well place Ceiling windows allow light into the vaulted family room. Beehive fireplace adds warmth to the Family room.
This Home is offered for: $269,900
2 bedrooms, 1450 square feet with unbelievable views
View on the mls #4105400
Three private patios to enjoy. Home sits on private land with tremendous views.
Just around the corner from City North and The Desert Ridge Marketplace! Access to the freeway system in minutes.
Located in Paradise Valley Landings, this community is a "no thru traffic" community. The northern border is the CAP project with 6 miles of walking or jogging paths. Reach 11 park area is north of that so the neighborhood is quiet and you can still hear the coyotes howl in the spring. 30 minutes from downtown and only 1 minute from the 51-101 exchange. Get anywhere from here!
4050 E Taro Lane, Phoenix Arizona
3 Bedrooms, 2 baths for $252,500
Large formal living room and separate family room, eat in kitchen and dining room. Stainless steel appliances and tiled floors. Vaulted ceilings and large secondary bedrooms. Large Master Bedroom. AZ mls #4095799
This is not a short sale or a reo, can negotiate now and close in 30 days. Seller open to new roof if offer is at full price.
Priced well for this market in very quiet neighborhood with LOCATION,LOCATION,LOCATION, as they say!
To see this home , view more photos or search for other Phoenix Real Estate visit my website today.
Tempe Festival of the Arts Dec 5-7 The renowned festival celebrates its 40th anniversary. Top artists, music and street performers. More than 400 booths line Mill Ave from 10 am till dusk everyday. FREE
Zoolights The Phoenix offers it traditional holiday Zoolights event Dec-Jan 11th One of the largest holiday light displays in the southwest, great fun for all the family and those out of town guest. 6-10 pm 7-20$ admission kids under 2 are free.
Holidays at the Heard Dec 5-Jan 4. Traditional Southwestern and American Indian culture with artist demonstrations and music. Dance performances and hands on activities. Fry bread, cocoa and apple cider. Another great venue for family and holiday guests. 2301 N Central Ave 11 am-4 pm
Carefree Christmas Festival Dec 12-14 3 day event starting with a light parade Friday evening. A visit from Santa and real snow. Carolers, street musicians, food vendors. 100 Easy St, Carefree Az Friday 6-10 pm, Saturday 10am until 9 pm, Sunday 10am until 6pm FREE
Lovely three bedroom home in North East Phoenix. This home offers vaulted ceilings, breakfast bar, eat in kitchen and bonus room. Pergo floors and Tile. Beautiful salt water pool. Situated on a large lot.
Minutes to all freeway systems, Desert Ridge or North Central shopping areas.
$219,900
Home backs to private property with no homes built on it
Kitchen offers a breakfast bar, eat in area (not featured) and bonus room for an office or excersize room
Large great room with built in computer nook, library area.
Pergo floors in all bedrooms, tile in kitchen.
Easy to care for salt water pool sits in a large backyard with room for any childrens play equipment. Rv gate and poured cement slab on the side of the home. Storage shed.
1.If you must use an ATM,choose one that is located inside a mall, or well-lighted location. Withdraw only the amount of cash you need. Protect your PIN by shielding the ATM keypad from anyone who is standing near you. Do not throw your ATM receipt away at the ATM location.
2. It is getting darker earlierand earlier in the day. Try to pick up gifts before you go to work and not after. Most malls and super stores like Target and Wal-Mart have holiday hours that extend to earlier in the morning.
3. If you must shop at night,use the valet service. I know, its one of those "luxury expenses" that many just can’t seem to bring themselves to pay for, but it’s usually under $10 including tip and that’s definitely worth your personal safety. Many shopping centers have complimentary valet during the holiday season. Also, it makes you feel fancy!
4. If you have to park your car at night in a lot, park in the best lit spot available.
5. Do not approach your car alone if there are suspicious people in the area. Listen to you intuition. If you have a bad feeling, turn around and go back inside!
6. Ask a Security Guard for an escort. Most major retail stores hire extra help during the holiday season, so there should be plenty to help you.
7. Shoponline.
8. Make a day of it. Go with a group of friends or your family and split up. Meet in the food court after a decided amount of time. Come as a group, leave as a group.
9. Leave your kids at home. Children distract us. Our focus immediately goes to them. Pickpockets and purse snatchers look for the distracted mother who put her shopping bags down to deal with her kid and her bags are gone when she turns back around.
10. DO NOT except unsolicited help from strangers. Male or female. This is a way that predators gain your trust. "Let me help you with that" he might say. Say NO! And go back inside. If they persist, state firmly and loudly "I did not ask for your help and I do not want it." This might feel rude or extreme, but all attackers seem nice when you first meet them. They are trying to gain your trust so that they can easily get you into a vulnerable situation. I don’t care if he's wearing a boy scout uniform. SAY NO!
HAPPY HOLIDAYS!
reprinted with the permission of the author, Anni Lundy from Protect Yourself a self defense for women program. www.protectys.com
Thinking of a new home for the New Year? Start your holiday shopping here. Phoenix Real Estate
This weekend I showed 8 homes that were all vacant. Nice Homes that were crying out for an owner since the previous owner could no longer care for them.
All of these houses were bank foreclosures and they all sang the same song: The familiar beeping of an unattended smoke alarm.
Chirping away as if to say: Hi, Don't Go, Stay Awhile, Visit With Me, Move In I'm Ready.
None of the talking houses lured my client this weekend, so tomorrow some other agent will hear that familiar tune.
Situated on an oversized lot offering 3897 square feet of luxurious living. No upgrades were spared in this 4 bedroom home. 4 bathrooms and a den complete the convenience of this floor plan with both living room, dining room and family room areas. Kitchen is spacious and offers a large eat in area.
The 20,000+ lot offers an outdoor kitchen, 724 sq ft heated pool and spa, fireplace and extended covered patio. Play area for kids or adults, Rv gate and more space between the homes with no 2 story homes behind. All located in Gated Dreaming Summit. Close to shopping and freeway systems.
Phoenix Realtor and Surrounding areas. Buying or selling a home, I'll be with you every step of the way. Enjoy the site and leave a comment if you like. You can click on the Realty Executive tab below to go to my Website and search for homes.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Two Master bedrooms, with private baths. Well cared for home with newer roof, bathroom and kitchen upgrades. Dual pane windows, Ac within last 4 years.
Large formal living room and separate family room, eat in kitchen and dining room. Stainless steel appliances and tiled floors. Vaulted ceilings and large secondary bedrooms. Large Master Bedroom. AZ mls #4095799
Home backs to private property with no homes built on it
13233 W Solano Dr, WADE IN!
Gated Dreaming Summit
42 inch Cabinets and Stainless Appliances
Master Bath and Closets for 2
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