For those of you who like to check out the Sedona AZ Homes for sale on Google, you had better look now before come February 10th it will be GONE. That will be the last day that Google will feature any real estate listings. As well as any for-sale, foreclosure, or rental properties through its search function on Google Maps. Please hear me - on Google Maps. Google officials say they decided to stop featuring the real estate listings because of low usage and the popularity of other property-search tools on real estate Web sites (like my website). Any consumer still looking (0 comments)
The Sedona AZ Homes for Sale Market has had it's share of international buyers. With the majority of that business coming from Canada and Europe. However, quite recently I have had clients as far away as China into to Sedona to "buy" in Sedona. Something that I find very interesting. It is a known fact that the United States real estate offers a lot of bang for your buck, according to a new survey that shows U.S. homes are the cheapest relative to incomes among English-speaking nations. Australian homes — which have a median price of $454,000 — were found to be the most unaffordable (2 comments)
When Selling a Home in the Sedona AZ Homes for Sale Market, seller's want to know how a short sale or a foreclosure will affects their credit score in the future. Well, the proof is in the pudding... Read on: The following comes from Fair Isaac, which developed FICO scores, comparing two people to explain how mortgage delinquencies affect credit scores.Fair Isaac derived these numbers from a theoretical calculation based on hypothetical borrowers – one with an initial score of 680 and one with an initial score of 780. FICO scores range from 300 to 850.The hypothetical person behind the 680 (0 comments)
sedona az homes for sale: Do you need an attorney when selling a home short in the Sedona AZ Home Market?
- 01/25/11 01:58 AM
So you have hired the right agent to sell your Sedona AZ Home for sale as a short sale. You have a contract. It's at the bank. The realtor is telling you -you have nothing to worry about. You are pretty confident that you have a nonrecourse note and you won't get slapped with a deficiency judgment by the lender. So do you need an attorney? Let me answer this question with a question. If I have a pain in my leg, and a physical therapist tells me it's just a pain and nothing to worry about - am I still (0 comments)
sedona az homes for sale: What qualifies as a Short Sale Hardship in selling a Sedona AZ Home?
- 01/21/11 04:15 AM
What Qualifies as a Short Sale Hardship? Sellers aren’t entitled to a short sale just because they’ve lost equity in their home. Lenders look for other hardships when approving short sale transactions. Here are the standard reasons for a short sale hardship that will have to be fully documented in the short sale process for the lender to even consider a short sale: Job loss Illness Divorce Death of spouse Natural disasters Bankruptcy However, besides a hardship, lenders also consider whether the home’s value has dropped, the mortgage is near or in default (you don’t have to default to qualify but you (2 comments)
sedona az homes for sale: Sedona Housing Prices Drop so why is my Sedona AZ homeowner's insurance rising?
- 01/18/11 04:07 AM
So my Sedona AZ Home isn't rising and yet my homeowner's insurance policy keeps going up? How come? Home prices are falling across the country, but many home owners are paying more to insure their homes. So why is insurance going up when a home’s value is going down? In an article from MSNBC titled" Home Prices are down, so why not insurance" explains it as the following: “The price of homeowners’ insurance is based on the cost to repair or rebuild your home. The price of a home is based on the market value of that home and the land upon which (3 comments)
sedona az homes for sale: Future of Sedona Condominum Sales
- 01/14/11 05:17 AM
Many buyers come into to the Sedona Homes for Sale marketplace not wanting a typical home but the ease and safety of a condominium. All of the Sedona AZ Condominium Association will have some kind of monthly fee associated with them. Most of these fees typically cover "common expenses" shared by all owners, i.e. outside common area maintenance, exterior insurance on the building, exterior maintenance of the buildings, pool care and cleaning, etc. Most of my buyer's who have purchased condominiums do so because the condo serves as a true 2nd home and the owner doesn't want to worry about the exterior of the (0 comments)
sedona az homes for sale: Where do we go from here when selling a Sedona AZ Home for Sale
- 01/10/11 07:23 AM
What's a seller to do when selling a home in the Sedona AZ Homes for Sale marketplace in 2011? Price, price, price, price, price. And in case you haven't heard me - price. Sometimes it takes many times for seller's to understand that in today's market - we have savvy internet buyer's who are not buying only on emotion - but also want a fair deal. No one - not even your Aunt Mildred is going to buy your home unless it is based on FAIR MARKET VALUE. And how is that determined? The other solds in the neighborhood and the active listings. HOWEVER, (0 comments)
sedona az homes for sale: Building Prices in the Sedona AZ Home Market
- 12/27/10 09:08 AM
What's a buyer to do these days when buying a Sedona AZ Home for Sale. Do they buy an existing home with the idea that it is less costly to buy than it is to buy a vacant piece of dirt and build? That used to be the standard. However, while the Sedona AZ home prices fell for the last several years - so did the vacant dirt. Let's remember the financing for for land and construction loans dried up. Lender's shut their doors and many great and qualified general contractors and builders had to go get 2nd jobs. While the tide is a changin...according to Chris (0 comments)
sedona az homes for sale: Sedona Luxury Homes are showing signs of Life
- 12/26/10 01:25 PM
The Sedona AZ Luxury Homes for Sale are finally showing a glimmer of life. Like the lower priced homes these seller's have had to readjust their thinking to the reality of today's market. And we are finally seeing some life in that sector with the return of high-end buyer's in search of luxury homes as well as lots. The median sold price per square foot for a luxury property (which is over $1 Million) is now at $287 per square foot. Compare that with the 2006 price of $336 a foot and you can see how much the luxury homes have (0 comments)
sedona az homes for sale: Land Ho is up in the Sedona AZ Home Market
- 12/22/10 04:15 PM
Land Ho! After dropping like a ton of bricks off a tall building, I am happy to report that we are seeing the vacant land pricing come back in Sedona AZ. The median recorded selling price of vacant residential land is now on par with 2001 pricing. The high point for vacant land in recent years was in 2006 when prices topped out at (are you sitting down) $520,000. They are now at... ( are you still sitting down) less than $135,000. Foreclosures have caused the land to drop and we have seen even the high end luxury subdivisions like Cross (1 comments)
sedona az homes for sale: Holiday Stuff to do while you look for a Sedona AZ Home
- 12/19/10 11:21 AM
So if you are in Sedona during the holidays and looking for a Sedona AZ Home - take a break and do one of these great holiday treats Sedona Railroaders Exhibit - Village of Oak Creek - 928-282-2412 (XMAS Model Train Village - cool). Red Rock Fantasy - West Sedona - 877-444-8044 ( Outdoor Holiday Displays to walk through while you sip hot cocoa - we do this with our kids every year). Kessel Cornville Christmas - 928-634-5369 ( Local Guy with a zillion lights on his house synched up to holiday music - free, free, FREE). And if you are (0 comments)
sedona az homes for sale: Updated Market for Sedona AZ Homes for Sale
- 12/16/10 01:15 PM
Well, we are a week away from having Santa make his appearance in the Sedona AZ Home Market and our sale volume continues to show bettter numbers than 2006. Which is great news. Buyers are back in our market. Interest rates are starting to edge up slightly and I think will be slightly higher in the next coming months. So it is still a great time to buy in the Sedona AZ Home Market. Our price per square foot and the sold prices continue to fall and will continue because of the trickle foreclosures that continue to bring the market down. A very interesting (0 comments)
sedona az homes for sale: Challenge your Sedona AZ Home Real Estate Assessment
- 12/14/10 04:25 PM
I always think it a good idea for buyers and seller's in today's market to challenge their Sedona AZ Home real estate assessment. After all, that is how your home taxes are calculated. You can't do much about the rate at which your home is taxed, but you can try to do something about how your home is valued for taxation purposes in 2010. The process varies depending where you live, but in general local governments conduct a periodic real estate assessment to determine how much your home is worth. That real estate assessment figure is used to calculate your property tax (0 comments)
sedona az homes for sale: Foreclosure Rules for Sedona AZ Homes
- 12/09/10 02:05 PM
Are there rules for submitting an offer on a Sedona Foreclosures in the Sedona Real Estate Market? Well, there aren't set rules - however, there is some good general rules that any consumer looking to buy a Foreclosures in Sedona should know. Our time frames mean nothing to the bank. Don't expect a response quickly The banks figure that when they finally respond to your offer, you will either proceed (time for acceptance stipulations be damned) or we’ll go away. They don’t much care which one you do. Now the back and forth of negotiating happens. Expect this negotiating to be verbals on the bank’s part. (1 comments)
The Truth About AppraisalsKnowing the Guidelines Solves the Mystery The appraisal process often baffles consumers. They may feel that their home is worth a higher dollar amount, and so the appraised value doesn't always make sense to them. It is important to know that the appraiser is completely independent from lenders, buyers, sellers, and real estate agents, and that the guidelines to which they adhere are dictated by the Uniform Standards of Professional Appraisal Practice (USPAP) and Fannie Mae. In (0 comments)
So selling Sedona AZ Homes in this foreclosure times is very interesting for a number of reason. First, I have many seller's whose homes are worth less than what they owe, and because they have jobs and investments cannot do a short sale. So they are opting out of "A Strategic Default". A glorified way of walking away from their home or investment property. But a Foreclosure is still a foreclosure and that is what it is. Now, I know this is nothing new. But here is where it gets interesting. I have had seller's stop paying their mortgage and (0 comments)
sedona az homes for sale: Trends that may affect the Sedona AZ Home Market
- 12/02/10 02:05 PM
This isn't really about Sedona AZ Homes for Sale - but are the "7 Trends That Will Drive the Future of Housing" from Hanley-Wood's ProSalesOnline.com Supposedly these will have the biggest impact on housiing in 2011.
1. Big builders are wringing the extras out of construction costs and dropping the national average cost-to-build 36 percent to $52 per square foot. 2. Starting in 2011, Energy Star will ramp up its efficient design and quality installation standards. To get Energy Star certification, builders will have to install the right insulation, HVAC systems, and other features related to energy efficiency correctly every (1 comments)
<div> <p>This isn't really about Sedona AZ Homes for Sale - but are the "7 Trends That Will Drive the Future of Housing" from Hanley-Wood's ProSalesOnline.com Supposedly these will have the biggest impact on housiing in 2011.<br /> <br /> 1. Big builders are wringing the extras out of construction costs and dropping the national average cost-to-build 36 percent to $52 per square foot.<br /> 2. Starting in 2011, Energy Star will ramp up its efficient design and quality installation standards. To get Energy Star certification, builders will have to install the right insulation, HVAC systems, and (0 comments)
sedona az homes for sale: The Future of Sedona Homes
- 11/27/10 03:27 AM
Well the Sedona Homes for Sale Market continues to plug away despite the foreclosure and the short sale market. The number of sold homes has actually improved dramatically - up by 18% from this time last year with 42% of the market either being a foreclosed or a short sale home.Sedona Home Prices started to climb at the beginning of the year with the highest point at the end of April - and have tapered downward since then and are currently 6.5% lower than this time last year. That April Surge was probably due to the tax credit expiring in June.Even (1 comments)