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Archive | Foreclosure

NEW Short Sale advisory handout!

Friday, February 5, 2010

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NEW Short Sale advisory handout!

It’s HERE! A great resource for learning about all your options before you list your home as a short sale.  Also, if you are considering a loan modification, refinance, foreclosure – there are helpful links in this packet for you too! This form was made with the client in mind – www.aaronline.com/documents/ssseller_advisory.pdf It was put together […]

City of Phoenix $15,000 downpayment grant program

Wednesday, November 18, 2009

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City of Phoenix $15,000 downpayment grant program

UPDATE * (as of Dec. 2011) Hi Becky, Thank you for taking my call this morning; as discussed, I have outlined some of the program improvements and highlights below.  Also feel free to refer to the website for additional information www.phoenix.gov/nsphome. The Homeownership Assistance Program is in close out mode, there are only 4 slots left. […]

What is a HUD Repo home?

Wednesday, November 18, 2009

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What is a HUD Repo home?

What is a HUD home? If a loan that is insured by the Federal Housing Administration (FHA) goes into default, the lender must take steps to collect on the loan.  This may result in the lender taking possession of the Real Estate Collateral.  If this occurs, the lender may submit a claim against the FHA […]

The Bottom?

Tuesday, July 28, 2009

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The Bottom?

Have we reached the bottom of the nasty green pool that has been the Phoenix Real Estate market for the past 3 years? I have been so busy with home buying clients I have not had the time to write 1 new post in the past month! Shame on me. Typically this blog is updated at […]

They Took Everything. A Stripped House.

Thursday, June 18, 2009

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They Took Everything. A Stripped House.

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 shocking – […]

Auction Results from Phoenix Convention Center

Thursday, June 18, 2009

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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 […]

Ugly House Award

Sunday, June 7, 2009

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Ugly House Award

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 […]

Southeast Valley Foreclosures $100-200,000

Tuesday, May 12, 2009

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Southeast Valley Foreclosures $100-200,000

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

PROS and cons of buying a foreclosure

Tuesday, April 7, 2009

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PROS and cons of buying a foreclosure

  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 […]

Video: The Credit Crisis – Visualized

Monday, March 23, 2009

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Video: The Credit Crisis – Visualized

This video breaks down the mess we are in. Most people understand parts of this – but in 10 minutes you could understand the entire domino effect that has taken place. I feel smarter for watching it and wanted to pass it on. Props to the creator of the video Jonathan Jarvis – nice work! […]

Becky Becky Wyatt  
REALTOR®
HomeSmart Real Estate
480-383-9209 phone
888-855-4817 e-fax
www.ArizonaHomeTalk.com
Becky@BeckyWyattOnline.com
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For Sale in Gilbert $100-200k