buyers agent in tucson: Tucson Votes for 7th Historic City Landmark in Colona Solana
- 08/11/16 01:24 AM
Newest city of Tucson National Historic Landmark right here in our historic subdivision of Colonia Solana (there are 7 in the entire city). Interesting enough, not our first one in Colonia Solana, as the El Con Water Tower is also a City National Landmark. The Voorhees-Pattison House can be seen at the corner of Randolph Way and E Via Golondrina across the street from Randolph Park on the way to Reid Park.
After a year of work and public meetings the City of Tucson Mayor and Council voted unanimously to create our 7th Historic Landmark: the 1929 Voorhees-Pattison House, designed by renowned … (0 comments)
buyers agent in tucson: Brexit Will Affect Rates: Mortgage Rates & Commentary for 6.24.16
- 06/24/16 11:20 AM
Mortgage bond prices finished the week higher which pushed rates lower. Rate movements were primarily tied to Brexit sentiment. Rates were higher the beginning of the week as uncertainty loomed. Britain voted to exit the European Union which ignited world economic volatility Friday. Fortunately the flight to safety buying of U.S. debt instruments resumed Friday, the losses from earlier in the week were erased, and rates improved as a result. Durable goods orders fell 2.2% versus the expected 0.6% decrease. The Treasury auctions were mixed with the 2Y weak and the 7Y strong. Weekly jobless claims were 259K versus the expected … (0 comments)
buyers agent in tucson: Closing In a Trust
- 06/17/16 07:45 AM
Most lenders allow a consumer to close in the name of their trust. The trust typically needs to be reviewed and approved by the lender. This should be reviewed and disucssed before a client writes an offer.
Some consumers prefer to provide only a portion of their trust to the lender due to privacy issues. These will usually be acceptable if the consumer’s attorney provides an opinion letter for the trust. … (1 comments)
The City of Tucson appealed that ruling and has recently prevailed in asking for a full panel of all 11 judges of the 9th Circuit Court to review that decision.
The case will be heard the week of June 20th. A ruling in that case could dramatically impact the decision by the Mayor and Council to give city voters the option to move to a ward-only … (0 comments)
Effective June 25, Fannie Mae will start evaluating how all loan applicants have managed their credit over the previous two years: how much they owed in revolving debt each month, the minimum payment allowed on each debt, and how much they actually paid. “Transactors”, consumers who pay off their revolving accounts monthly or pay more than the minimum payment, are a better risk than “Revolvers” who only pay the minimum payment on their revolving accounts.
Paying more than the minimum on revolving accounts or paying them off each month will improve … (0 comments)
The information below was provided by Steve Kozachik and the Broadway Coalition.
9.3 Project Delivery Phasing Plan 9.3.1 Construction Project Limits The reconstruction of Broadway will begin about 300 feet west of Euclid. Construction west of Euclid is needed to provide the double left turn lanes on Broadway Boulevard in both directions. Construction will extend through the Country Club Road intersection approximately 700 feet to the east in order to accommodate the new storm drain, construct bus pullouts, and close the existing median opening at Avenida de Palmas/Camino Español (Colonia Solana subdivision).
We understand that HDR Engineering has turned in the 30% designs to the … (0 comments)
buyers agent in tucson: Update for The Pines Neighborhood in Marana
- 02/11/16 03:32 AM
The Tucson Association of REALTORS® hosted a community meeting with the Town of Marana on January 13th to discuss the settling issues impacting 8 homes in the Pines neighborhood in Marana (Northwest Tucson). The town has put together a fairly extensive webpage with helpful reports, photos, correspondence, and an information sheet/presentation that was provided at the presentation to TAR members. To learn more, click here. http://www.maranaaz.gov/pines?utm_source=newsletter&utm_medium=email&utm_content=click%20here&utm_campaign=Government%20Affairs%20Update
Encourage you to read all of the information available on the website, especially if you are doing business in this area.
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buyers agent in tucson: Customer Service Tips for Agents
- 02/10/16 11:54 PM
The real estate has always been a competitive field, but with the arrival of online services such as Zillow.com, Trulia, Redfin, and Realtor.com, real estate professionals are under more pressure than ever to show their worth and build long-lasting customer relationships. Offering exceptional customer service is a great way for real estate agents to earn trust and customer loyalty. If all an agent wants to do is make a "quick' or "easy" sale, that is not how they will earn referrals down the road from clients. I understand it is easy to think we can just reach clients thru social media, … (2 comments)
buyers agent in tucson: TRID New Closing Disclosure (CD) Causing Some Confusion
- 12/30/15 07:01 AM
The new Closing Disclosure (CD) issued by the lender for a new loan transaction is intended to be a final, accurate representation of the closing costs and the cash required from the buyer. In reality, the initial CD has proven to be a close representation of the cash needed by the buyer at closing. The initial CD is many times revised. The initial CD, once receipted by the buyer, starts the 3 day waiting period before loan documents can be signed. Revisions are allowed without re-starting the 3 day waiting period. If the buyer does not receipt the CD, the waiting … (1 comments)
buyers agent in tucson: Secured Borrowed Funds for Closing
- 12/17/15 09:15 AM
Funds for closing costs must be from an "allowable source" and properly documented. Unsecured borrowed funds are not allowable, such as a personal loan or advances from a credit card. Secured, borrowed funds are allowable. For example, a consumer can get a personal loan against the equity in a home they own to buy another home. There needs to be a note with monthly payments and a recorded deed of trust securing the note against the property. Evidence of receipt of the loan proceeds in the consumers bank account or in escrow is required. The consumer could also tap Home Equity … (1 comments)
buyers agent in tucson: When Does A Property Offically Close in Arizona?
- 11/26/15 02:02 AM
In Arizona, as in many state, recordation is the official close of escrow. Lender loan funding is a critical step and absolutely necessary component of closing but recordation is the final step when ownership actually transfers. Just because the lender has funded their loan does not necessarily insure recordation. There can be situations where the Title company is not aware that the lender has sent their wired funds and thus this can delay recordation. This occasionally happens during high volume times at the Title companies. The transaction usually ends by conducting final walk thru 1-3 days before the COE (Close of … (0 comments)
buyers agent in tucson: Reduced Price Central: Close to UofA & Banner Open House Sat 1-4pm
- 11/06/15 02:47 AM
Please join me at an open house this Saturday from 1pm-4pm on this terrific opportunity on a great property. New lower price, priced $10K below the Zillow.com "Zestimate". Charming 3 bedroom/2 bath, 1,530 SqFt red brick bungalow located in the heart of Central Tucson with NO HOA. Desirable N/S orientation with mountain views. Fantastic central location, walking distance to Banner Medical, UofA, restaurants & shopping. Buyers will appreciate the authentic hardwood floors, vintage character and charm of a 1950's classic bungalow with modern updates including: energy efficient double pane windows, AC, gas stove, ceiling fans (all bedrooms), split floor plan, open kitchen, … (0 comments)
buyers agent in tucson: Understanding Appraisals Part II
- 10/26/15 04:19 AM
Three weeks ago, we talked about the Condition Ratings that appraisers use to categorize and support their valuations of homes. Specifically, we detailed how important it is for your experienced buyers agents to read the comps for surrounding homes so they can help you realistically price your home when listing or making an offer to purchase a property. Wanted to revisit the topic of appraisals and give you some more tips that will help you further understand the appraisal process – we’re talking about upgrades! Not all upgrades are the same – nor are they worth the same in the eyes of … (1 comments)
FHA Loans, this is going to be broken down into two parts: sellers and buyers. However, before we get into the meat of the subject, let me dispel a common misconception: FHA loans are NOT just for first-time homebuyers. For sellers, here are some numbers to digest. In the Arizona market, here’s how your potential buyers break down by loan type: • 28% qualify for Conventional loans; 18% qualify for VA loans. That means that your pool of potential homebuyers who qualify for Conventional and VA loans is 46% of the population. If you add FHA buyers to the mix, that’s … (2 comments)
buyers agent in tucson: This is What A Termite Tube in Tucson, Arizona Looks Like
- 10/16/15 04:18 AM
As an experienced buyers agent I am in over 500 properties a year showing properties. After viewing thousands of homes, sitting thru over 200 home inspections I have learned many new things. The neat part of my job is I learn at least something new on every transaction. Working with many out of state, even out of country buyers many do not realize how prevalent termites are here in Tucson, AZ. In fact, I tell clients that all homes have or will have evidence of termites at some time in their lives. Please see picture below, this is a common termite tube. … (4 comments)
buyers agent in tucson: 10/09/15 Mortgage Rates & Market Commentary
- 10/09/15 07:23 AM
Mortgage bond prices finished the week sharply lower which pushed rates higher. Stock strength pressured rates higher Monday morning. The U.S. trade deficit jumped 16% to $48.3B in August versus the expected $44.5B. Weekly jobless claims were 263K versus the expected 275K which was not rate friendly. The minutes of the last Fed meeting were dovish. Fed officials indicated a concern that a premature rate hike would hurt economic recovery. Unfortunately the MBS market received very little positive response from the release. Mortgage interest rates finished the week worse by about .125%. Market Conditions There is a Chinese proverb that states, … (2 comments)
buyers agent in tucson: Home Owners: Did You Read Your Pima County Property Taxes???
- 10/08/15 07:20 AM
If you live in Pima County, like I do your most recent property tax bill from Pima County should have arrived in your mailbox by now. It included an interesting note from the county that I hope you take time to read. Property tax increases are always controversial. Property taxes are levied by Arizona counties and by some cities like Tucson. The State of Arizona does not levy property taxes. Pima County is arguing in the letter that was included in your property tax bill that the state is in fact indirectly levying property taxes on all of us to balance the … (0 comments)
buyers agent in tucson: Termite Reports: What Impact Do They Have On Loans???
- 10/02/15 08:05 AM
A clear wood destroying insect inspection report (termite report) is required by lenders on all VA loans. It can also be required on conventional and FHA loans when the contract references non-standard language regarding termite clearance or treatment or when the closing statement has fees for a termite report, treatment or repairs due to termite damage. The most common requirements by lenders regarding termite reports are those involving infestation, damage, excessive moisture or water stains. Active infestation requires evidence of treatment and damage usually needs to be repaired. Excessive moisture and water stains usually need to be corrected. Excessive moisture and … (2 comments)
3489 E Via Guadalupe, Tucson, AZ 85716 4 beds 3 baths 2,791 sqft For Sale $469,000 Price cut: -$10,000 (7/10) Zestimate®: $589,175 Priced at $120,175 dollars below the current Zillow.com "Zestimate". Please call listing agent, Central Tucson specialist Spirit Messingham at (520) 471-6900 for a private showing. Move-in-ready registered Historic property in prestigious Historic Colonia Solana, ambience of country life in heart of Central Tucson. Mid-century modern charm with updated vintage character abounds, … (1 comments)
Third generation, full-time licensed Realtor, putting my clients' needs first. I work with all of my client's one on one, taking pride in the quality work and services I provide. In the top 1% of all Tucson Realtors by sales volume 2012 - 2015. I have the experience, passion and knowledge to help with your residential real estate needs. Call (520) 471-6900 for a free and no obligation consultation.
Newest city of Tucson National Historic Landmark right here in our historic subdivision of Colonia Solana (there are 7 in the entire city). Interesting enough, not our first one in Colonia Solana, as the El Con Water Tower is also a City National Landmark. The Voorhees-Pattison House can be seen at the corner of Randolph Way and E Via Golondrina across the street from Randolph Park on the way to Reid Park.
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