Allie Angeloni and Roger Angeloni graciously hosted the event at a "First Watch" restaurant - part of a chain of breakfast/lunch restaurants that has multiple locations in the Phoenix metro area, so we were familiar with the menu!
I had my "usual" - a modified "Skillet Hash - Parma":
Two cage-free eggs* any style atop fresh, seasoned potatoes, Italian sausage, house-roasted Crimini mushrooms, onions and tomatoes with melted Parmesan, Mozzarella and fresh herbs. Served with whole grain artisan … (6 comments)
This is a 4 bedroom 3.5 bath home, with a private courtyard entry and a separate entry to a casita which has a full bathroom, and a coffee bar with a refrigerator. Downstairs you will find the eat-in kitchen with granite counter tops, stainless steel appliances, an island with a breakfast bar, formal dining room, living room with a gas fireplace, laundry room, bath, and a huge storage area under the stairs. Upstairs you will find the master bedroom with French doors that lead to a large balcony, a master bathroom with double … (8 comments)
Even though the market has recovered somewhat from it's lows several years ago, the fact that the "crash" saw a loss of 65% in some areas means that some homeowners are still "Under Water" - with their home worth less than they owe on the property.
One solution to avoid foreclosure should the owner be unable to continue making payments, is a Short Sale of their home in Arizona.
By definition a Short Sale is a regular resale with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance owed on the loan(s).
HOT Weather, HOT Real Estate, What is on FIRE in Your Market? A HOT Contest!
The Scottsdale/Phoenix Metropolitan Area includes the "suburb" of Peoria.
Just like the rest of the Valley, Peoria does experience scorching temperatures in the summer months - significantly above 100 degrees many days - some times in the 110-120 range! Peoria also "enjoys" monsoon season - whether it be dust storms rolling across the city or heavy thunderstorms.
While there are apartments, condos, townhomes and other home "structures" - far and away the most common - and the one we … (8 comments)
Part of the home purchase process includes an "Inspection Period" - even if it's an "As Is" purchase.
The purpose of the inspection period is to permit sufficient time for the Buyer to perform their "due diligence" with regards to the property, the surrounding area, in fact anything at all that would affect their decision to move forward with the purchase.
One key component of the inspection period is a Home Inspection.
In Arizona Home Inspectors must be licensed.
The purpose of the Home Inspection is to discover anything and everything about the existing property that is not functioning correctly, or not functioning at all.
Two of them turned out to be "non-starters" - which is par for the course.
Of the other two, one is a "solid Buyer".
The other - a listing.
Both at price points in our target market.
Another instance proving the value of Active Rain participation.
We have not, so far, reached out to other 'Rainers to ask for referrals.
These came our way based on interaction in the Q&A, and on Blog Posts and comments.
Our referral "policy" is straightforward.
1. We have a discussion with the "referring" party to determine if … (42 comments)
arizona: Seller's Disclosure Of Material Facts - It's The LAW In Arizona!
- 05/18/16 03:40 AM
Whether a Seller of residential real estate attempts a "For Sale By Owner", or hires a Listing Broker to help them sell their home, they are legally required to disclose all material (important) facts about the property - even if they are not asked by a Buyer or a Real Estate Agent.
The Arizona Association of REALTORS® (“AAR”) Residential Resale Real Estate Purchase Contract requires the seller to deliver “a completed AAR Residential SPDS form to the Buyer within five (5) days after Contract acceptance.” If the Seller does not provide the SPDS as the Contract requires, the Seller is potentially in … (4 comments)
arizona: Contracts and Clauses
- 04/24/16 02:53 AM
One of the "value adds" we bring to the table for our Sellers and Buyers, is that in Arizona, real estate brokers are expressly authorized to create real estate contract "language". I know that this is not the case in many other jurisdictions, so this is NOT to be construed as legal advice.
I am NOT an attorney, nor do I play one on TV!
If this concept is of interest to you, TALK TO YOUR BROKER BEFORE DOING ANYTHING WITH THIS INFORMATION!!
Once we entered the real estate business, we noticed things "happening" that could have reasonably been foreseen to occur, and therefore … (3 comments)
See what some of our past Seller clients had to say!
What Chuck and Sarah had to say!
What Melissa had to say!
What Pam had to say!
What Michelle had to say!
Contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Click the button below to Subscribe to our Scottsdale Arizona Real Estate blog!
All images purchased and licensed from Shutterstock , shared from YouTube, sourced from Vectortoons, or were taken … (4 comments)
arizona: Crystal Ball a Little Cloudy today - flash forward to 2015
- 12/23/15 10:10 PM
I penned this post back in July 2007. It's one of the few posts I've written to garner more than 10,000 clicks. It only earned 8 comments, four of which were my responses to the 4 commenters. ------------------------------------------------------ I came across the following article:
Price risk for the top 50 U.S. markets (The link no longer goes to where it did at the time of writing)
which puts Phoenix in the number 2 spot for risk of price decline. Click on the link above to view the complete table. The Phoenix market has a risk score of 646 which means there is a 64.6% chance this … (7 comments)
arizona: Merry Christmas 2015!
- 12/23/15 10:05 PM
It's a "partly cloudy" here in Scottsdale, Arizona - no "Rain" in the forecast.
Today is the day for reaching out to family and friends - across the country and around the world.
We sincerely hope all our fellow Active Rainers stay safe and enjoy the holiday.
Merry Christmas to all our fellow Active Rainers!!
"The Mortgage Debt Relief Act of 2007 basically provided that no income tax would accrue for the debt relief given to a borrower after a foreclosure or a short sale of a mortgage used to purchase a home or to make improvements on a home. The Act expired December 31, 2014.
Legislation was passed this week to extend the Act again, this time until December 31, 2016. In other words, any deficiency as discussed above will not be taxable income to a borrower if the foreclosure … (2 comments)
arizona: Chandler Real Estate & Information
- 09/15/13 08:35 AM
Located about 30 minutes east of Phoenix, the community of Chandler is a growing suburban community with a population of 238,041 according to the 2010 census. Chandler offers its residents the safety and camaraderie of a small-town community, along with the culture and convenience of a major metropolitan area. Locals enjoy hanging out in Chandler’s historic downtown, browsing unique shops, the Chandler Museum and other art galleries in a picturesque setting. There are lots of scenic drives and hikes located near Chandler, as well as fascinating prehistoric structures nearby which attract thousands of visitors each year.
Click here to read more … (0 comments)
arizona: Peoria Real Estate and Information
- 03/02/13 10:36 PM
Peoria, Arizona, is the sixth largest city in Arizona with regard to land area, spreading out over 141 square miles. And Peoria is the ninth largest city in the state with regard to population. Peoria lies northwest of downtown Phoenix. Peoria is bordered by Phoenix and Glendale on the East, and Sun City on the West. The city boundaries also extend over two counties — Maricopa and Yavapai, with the bulk of Peoria being in Maricopa County. Money Magazine has recognized Peoria as being one of the Top 100 Places to live in the United States. Click here to read more … (0 comments)
arizona: Short Sale Specialist
- 04/05/10 04:39 AM
I came across a very interesting blog post - not on Active Rain - but on a sub domain of housingstorm.com. The author, Elizabeth Weintraub, apparently shares my perspective on the distinct differences between listing and selling REOs and successfully listing and selling Short Sales. Notable Quote:
"But REO agents are jumping into short sales because the foreclosure market is dwindling. I hear them say that selling a short sale is no different than a bank-owned home, but I suspect they are deluding themselves." The full blog post is available at: http://sacramentoshortsales.housingstorm.com/2010/03/17/reo-agents-turn-to-short-sales-as-foreclosures-decline-in-sacramento/
… (44 comments)
arizona: A sincere apology to Andrew Monaghan
- 04/04/10 08:33 AM
Apparently I unintentionally offended my friend Andrew Monaghan with one of my previous blog posts: REO or Short Sales - What's YOUR area of expertise? In what I thought was a friendly, spirited debate, his response to my response to his comments was to remove his comments and advise that he would not be doing so again. Not the response I was expecting!! He subsequently wrote an excellent blog post regarding Short Sales and the need for caution when selecting a Short Sale listing agent. Here is a link to it, and I will reblog it after this post.
Short … (30 comments)
arizona: Corporate Relocation - YOU can CHOOSE your REALTOR®
- 08/25/08 02:42 AM
Moving house for any reason is high on the top ten list for inducing stress. Being able to CHOOSE the REALTOR® you work with can go a long way to reducing that stress. Corporate Relocation companies know this, and although they typically don't proactively suggest it, they all have a mechanism in place to allow the transferee to CHOOSE the REALTOR® to assist them with their Corporate Relocation. Here's how it works. Relocation companies receive a referral fee from the Broker or Brokers assigned by the Relocation company to assist the "corporate relocatee" with the purchase of a home at their destination, or with the … (9 comments)
arizona: The Results Are In!
- 09/27/07 02:29 AM
From the Phoenix Association of REALTORS Board of Directors election: 2008 Board of Directors: Nate Martinez, 2008 President Adele Coffman (2008-2009 Director) Larry Derksen (2009 Director as immediate Past President) Gary Fenton (2009 Director) Fred LaBell (2009 Director) Judy Marcum (2008-2009 Director) Tony Marriott (2008-2009 Director) Marion McGuire (2008-2009 Director) Kerry Melcher (2008-2009 Director) Susan Ramsey (2008-2009 Director) Bridget Reynolds (2009 Director) Kathy Sanford (2008-2009 Director) Lory Smith (2009 Director) Thanks to all who supported me! I hope to see many of you at the NAR convention in Las Vegas in November! If you are considering selling a home or real … (59 comments)
arizona: Who's here for Howard?
- 07/23/07 03:25 PM
The 2007 Howard Brinton Star Power Annual Conference is just around the corner - literally! It starts on Wednesday here in Phoenix Arizona attended by top real estate agents from around the country.. Due to some trigger happy "red x issuer" last time I posed this question the previous post isn't even searchable! Suzanne and I will be there - for once we don't have to travel out of town for a major real estate event! So - I ask again: Any other Active Rainers planning to attend? If so - please let us know - we'll see if we can organize … (11 comments)
arizona: Vistancia, Peoria, Arizona
- 07/21/07 01:24 AM
Vistancia, voted one of the Top Ten Master Planned Communities in the nation for the third consecutive year, is a thriving area of the northwest valley, in Peoria, Arizona. Unlike the Verrado® Community, where the developer DMB built Main Street before building the homes, Vistancia took the opposite approach. The early movers to Vistancia are poised for the payoff. Along with a Safeway anchored shopping plaza and a Wells Fargo bank nearing completion, big box retail projects just a few miles away from the entrance to Vistancia are nearing completion, and have a significant customer base just waiting for the doors to open. ---------------------------------------------------------------------------------------------------------------------------- Now - … (10 comments)
Scottsdale and Phoenix Arizona Real Estate Blog, presented by Tony and Suzanne Marriott of Haven Express @ Keller Williams Arizona Realty. Insightful commentary on the real estate market in Maricopa County, Arizona.
Last Thursday Suzanne and I attended an Active Rain Meetup in Tucson, Arizona - about a two and a half hour drive from our home in Anthem, Arizona!
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