foreclosures: Banks Hit Bottom. Keep Digging.
- 04/16/11 12:03 PM
Part of the fun of being a Realtor is that you are required to attend 24 hours of continuing education in every two year period. The categories covered include legal matters, fair housing and ethics among various others. Some of the presenters on these topics can be quite dry (not always their fault) while others can make almost any subject entertaining. No mean feat when each class is 3 hours long, by law.Therefore, like many other Realtors I am sure, I have a small group of "favored" instructors whose classes I am happy to take. One such class occurred just last … (0 comments)
foreclosures: Going Into Foreclosure Again? Twice In Two Years. How Is That Possible?
- 02/04/11 03:36 AM
Part of being a good real estate professional is knowing your local market intimately. It sounds obvious, but it is imperative that you are aware of trends, subtle neighborhood differences or any other factor that can affect value. Education is key.Whilst reviewing homes for sale in my town recently, I came across a potential short sale that "rang a bell" with me. Sure enough, it was a home that I remembered had gone back to the bank back in early 2008. Here it was again, just three years later, being offered as a short sale. It was a little jarring so … (0 comments)
foreclosures: Strippers Arrested in Phoenix Area Real Estate Scam
- 05/31/09 05:07 AM
Well, there's a headline I never thought I would write. But it's not what you think. As a Realtor, some of the worst homes we sometimes see, are bank-owned. In other words-Foreclosures. It never ceases to amaze me that some folks, admittedly a minority, think it is okay to vandalize the home they are losing. It is common to see a home where light fittings and light switch cover plates have gone missing. To the extent that the homeowner may have customized their home with better fittings, it is somewhat understandable. However, many people go to the extent of smashing what … (0 comments)
foreclosures: Foreclosures Are Up In The Greater Phoenix Metropolitan Area
- 02/15/09 10:29 AM
Free market principles at work as sales jump to meet drop in prices. I have said this before but it bears repeating. When the free market is allowed full rein, it will correct itself. Echoing a national trend reported recently, we discover that as prices tumble, in part due to the increase in foreclosures, buyers in Phoenix are stepping up in larger numbers. Our misguided government's attempts to cure the market by forestalling foreclosures will only delay the inevitable. The renewed push to lower lending standards, or provide tax credits to first time buyers are merely band-aid fixes. They are just … (0 comments)
foreclosures: Phoenix: Short Sales and Foreclosures are Coming to Visit
- 10/17/07 10:58 AM
Without delving too deeply into the reasons for this current predicament, it is a sad fact of life that many Arizona homeowners are running into serious difficulties in meeting their mortgage obligations. As with most areas of life, in order to combat a problem, it is necessary to first admit that the problem exists. If that sounds crazy, you will be surprised how many Realtors get the call "My home is being foreclosed on next week" especially since that procedure comes at the end of a 90 day period. Too many homeowners ignore all phone calls and correspondence from the bank … (2 comments)
This is a blog dedicated to Real Estate issues in Arizona. Hosted by Gary (a licensed Broker)and Shannon (a licensed Sales Associate) Kiernan operating in the greater Phoenix area. Check out our website at www.garizonaproperties.com, search for properties or ask us a real estate question.
Part of the fun of being a Realtor is that you are required to attend 24 hours of continuing education in every two year period. The categories covered include legal matters, fair housing and ethics among various others. Some of the presenters on these topics can be quite dry (not always their fault) while others can make almost any subject entertaining. No mean feat when each class is 3 hours long, by law.Therefore, like many other Realtors I am sure, I have a small group of "favored" instructors whose classes I am happy to take. One such class occurred just last … (0 comments)
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