Auction Results from Phoenix Convention Center
I attended the REDC auction with homebuying clients on July 13th, 2009. The day before the auction I let my clients inside each house scheduled to be auctioned with my special REALTOR key. We saw 8 homes and they decided to bid on 5 and they got 1! REDC was auctioning off 400+ homes/condos/land I arrived at [...]
Seller’s Market under $250,000
Monday, June 8, 2009
The definition of a “buyer’s market” has traditionally meant that the supply is greater than the demand. Specifically, more than 5 months worth of inventory/supply is considered a buyer’s market. Obviously, the seller trying to sell her $900,000 house will be willing to negotiate a lot, make repairs and kiss your feet if [...]
Ugly House Award
Sunday, June 7, 2009
I went to see this bank-owned house for sale for one reason - I thought it was a great deal. IF you can get over how ugly it is from the exterior. To see the “bird eye view” map of this house and amazing lot - click here. $369,900 (117 price per square foot) 3,159 square feet [...]
Beautiful Home with Smart Floorplan
Monday, April 13, 2009
This home just hit the market and I expect it to be a popular one! Let me know if you’d like to see more pictures! I have a ton! -Becky Beautiful home w/smart floorplan. Highly sought-after Ponderosa Trails westside neighborhood w/walking trails. This sophisticated home has 4 generous sized bedrooms + office, 3.5 bathrooms & a [...]
PROS and cons of buying a foreclosure
Tuesday, April 7, 2009
THINKING ABOUT BUYING FORECLOSURE? It’s no secret that foreclosure properties (AKA bank-owned, repos, real estate owned) are making up about 40% of all home sales lately. It’s also obvious why - these are incredible deals. Thinking about buying a bank-owned foreclosure? Here are some pros & cons to think about. Let me know if I [...]
Help for homeowners who “played by the rules”
Wednesday, February 18, 2009
Have you been responsible? Yea, me too. There is new help effective March 4th, 2009 for those of us that have paid their mortgage each month, didn’t speculate and buy a bunch of properties, and still manage to be “underwater” - owe more on your mortgage than what your home is worth. [...]
Fannie Mae Rolls-Back Investor 4 Property Limit
Monday, February 16, 2009
Effective March 1, 2009, real estate investors can once again own and finance up to 10 individual properties. The fannie_mae_logo1restriction reversal does come with new minimum requirements, however. Homeowners buying a 5th, 6th, 7th, 8th, 9th or 10th home must meet the following standards, as set forth by Fannie Mae:
They Took Everything. A Stripped House.
Thu, Jun 18, 2009
People often ask me if all foreclosures are in horrible condition. The answer is no. I’ve seen perfectly fine bank-owned houses. The former owners are NOT supposed to take ceilings fans, light fixtures and appliances - but those are the 3 items that most commonly disappear with the former-owners. But this house was [...]
Agritopia in Gilbert
Tue, Jun 9, 2009
Agritopia is a popular family neighborhood located off the San Tan 202 in the NW corner of Higley & Ray Roads in Gilbert, AZ. Click on the map below to check out the homes that are currently for sale. From their website: The Agritopia Project is an effort to design and build a neighborly community around an [...]
Breakfast at Joe’s Farm Grill
Mon, Jun 8, 2009
There are a gazillion reviews of Joe’s Farm Grill, and a following of dedicated local foodies that worship at Joe’s feet - but rather than heap on the praise that this restauraunt has most certainly earned (right Drive-ins, Diners and Dives?) - I’ll just do a short show and tell. Who: My husband and I and [...]
Lake, Preserve, Farm - oh my!
Wed, May 20, 2009
This weekend I did 3 fun things: 1 - Took the Desert Belle paddleboat cruise on Saguaro Lake 2 - Walked around the Riparian Preserve 3 - Picked organic Peaches on Schnepf Farm I highly recommend them all! The boat cruise began at 12:30pm and lasted 90 min. It was narrated with fun facts about Arizona and the lake [...]
Southeast Valley Foreclosures $100-200,000
Tue, May 12, 2009
Curious what $100,000-$200,000 can buy you in Tempe, Chandler, Mesa or Gilbert? Looking for a real steal? Check out these foreclosures (AKA bank-owned, repo, REO) properties on the map below. Also, while you’re here, you may want to read my post on the pros and cons of buying a foreclosure. - Becky
1st Time Homebuyer Tax Credit - DETAILS!
Tue, Apr 28, 2009
I’ve written before about the general eligibility requirements to get the new $8,000 tax credit as a first time homebuyer who purchases a home between Jan. 2009 and Dec. 1, 2009. If you are seeking more details check out this FAQ website. Also this video will explain everything. Share this with anyone you know that is [...]
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- Auction Results from Phoenix Convention Center
- Seller’s Market under $250,000
- Ugly House Award
- Beautiful Home with Smart Floorplan
- PROS and cons of buying a foreclosure
- Help for homeowners who “played by the rules”
- Fannie Mae Rolls-Back Investor 4 Property Limit
- $58 per square foot? Yes, in Florence.
- REDC Foreclosure Auction in Mesa - results
- For Sale in Spectrum
Thursday, June 18, 2009
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