Archive | October, 2008

Be Careful of Cash-Offers on Scottsdale Real Estate

So you finally got an offer on your home. The close of escrow is in 30 days. You can put a deposit on your the home you just made an offer. In fact, when the seller tells you that your purchase cannot be contingent  on the sale of your home, you say ‘no problem’, the [...]

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7 tips to follow when deciding on a Phoenix AZ loan modification company

Phoenix AZ real estate has led the country in price decline in the last 12 months; Down nearly 31%, according to the S&P|Case Shiller index. One of the unfortunate byproducts of troubling times are the proverbial sharks who smell blood in the water. Each day, in Phoenix AZ, I hear of new foreclosure scams in [...]

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Life in Palm Valley – Goodyear AZ

Camelot Homes , the #1 ranked Arizona small volume builder (by Ranking Arizona) , based in Scottsdale AZ is one of the most respected luxury home builders in greater Phoenix Arizona. Camelot Homes has luxury new home communities in: Scottsdale AZ Verandahs at Silverleaf Villas at Desert Camp Courtyards at DC Ranch Peoria AZ Canyon’s [...]

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Loan Modifications – Civil vs. Attorney

Yesterday, I wrote a post explaining to Phoenix AZ real estate owners how they can avoid foreclosure and stop the bank from foreclosing through a Loan Modification: Loan modification is a procedure whereby a loan payment plan is altered due to the hardship of the borrower. Believe it or not, Loan modification, which is a [...]

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Loan Modifications for Phoenix AZ real estate

Phoenix real estate sales are sluggish. As a result of re-adjusting mortgages, falling Phoenix real estate prices and higher unemployment the number of foreclosures and short sales are rising. Due to the time it takes a short sale package approved with seller’s lender, most of these homes end up going into foreclosure and then become [...]

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2009 Scottsdale | Phoenix AZ Golf Guide – Part I

Phoenix AZ should be known as the land of Golf. Visitors from all over the worlds travel each year  to explore all that the Valley of the Sun and the Sonoran Desert has to see and do. Yes, choices include hiking, biking, museums, zoos, hunting, fishing, camping, boating, old west towns, shopping, eating. However, what [...]

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Problem: Phoenix AZ real estate managed by out of state banks

I heard an interesting story yesterday from a fellow Phoenix AZ real estate agent about a bank owned property with multiple offers in Mesa AZ. Here’s the scenario. A buyer found a property in Mesa AZ that was bank owned listed for sale at $140K. The listing agent representing the bank informed the buyer that [...]

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Are Short Sales the same as regular transactions ?

In Phoenix AZ, we are overrun with foreclosures in such towns as  , Peoria, Glendale and Mesa; even once safe haven of Arizona real estate like Fountain Hills, Scottsdale and Paradise Valley have short sales and bank owned real estate (REO) available for purchase. Today, it seems that homes are selling. In fact, the Phoenix [...]

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