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METRO PHOENIX & SCOTTSDALE REAL ESTATE MARKET REPORT FOR NOVEMBER 09

by admin November 24, 2009 Real Estate Market Update

Here is my real estate market report for the week ending November 23, 2009. I hope you find value with this report. Please don’t hesitate to comment, ask questions or subscribe! 8^))

To get access to Bank Owned Foreclosure homes and see them before most Realtors even know about them go to www.ArizonaBankDeals.com

For those of you struggling …

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ADVANCED NOTICE OF BANK OWNED HOMES

by admin October 29, 2009 Real Estate Market Update

For you buyers out there looking to take advantage of REO and Bank Owned Homes here in the metro Phoenix and Scottsdale real estate market, here is a list of homes we shared with our Elite Buyer Group. They are Bank Owned REO’s not yet listed for sale. This is YOUR advanced notice of these …

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STEAL OF A DEAL, FORECLOSURE HOME PRICE DROPPED $50K

by admin October 5, 2009 Real Estate Market Update

For most homes, having the priced dropped $50k could mean many things and in most cases it does not mean it is a SCREAMING DEAL like this one.
FIRST TIME LISTED SOLD IN LESS THAN A WEEK
When we first listed this home for sale on July 24th, it got a near full price offer within a …

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SOLD AND CLOSED ANOTHER SHORT SALE

by admin September 15, 2009 Short Sales

Yes, this feels good. Short sales are a lot of work for us and it feels great to really see the approval process jump. We have 6 closing this month, given everything happens as approved.

CLOSED SHORT SALE IN CAREFREE CROSSING

This investor owned property closed yesterday in Carefree Crossing. The seller came to us disappointed over …

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REPEAL OF SB 1271, RECOURSE FOR INVESTORS

by admin September 8, 2009 Real Estate Market Update

Thank God that Governor Brewer signed the legislation repealing SB 1271 here in Arizona. I had reviewed the implications of the law with Mark Winsor, attorney athere in Arizona that specialized in bankruptcy. Mark explained to me how the law was flawed and needed to be repealed. I can’t claim to properly explain it to …

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BANKS WIN, HUGE CHANGE TO ANTI-DEFICIENCY LAWS IN AZ

by admin July 18, 2009 Real Estate Market Update

Wow, this one blind sided me. Here we are working so hard to get through this real estate mess and the legislature smacks us in the teeth. With this new law investors will now seek bankruptcy in lieu of selling an investment property through a short sale. I have 4 or 5 investment properties under …

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