short sales in Phoenix

HAFA Program roles out soon- That is the Home Affordable Foreclosure Alternative by the US government

by admin April 6, 2010 Short Sales

The Hafa program is being released soon and I was notified of some recent changes to the program. Take a look and see how they may affect you. Please don’t hesitate to call with questions.

I thank Front Line Real Estate Schools for this update:

Just one week before the implementation deadline for the new HAFA Program, …

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TAX CONSEQUENCES FROM SHORT SALES

by admin January 14, 2010 Short Sales

Here was an interesting question in the Arizona Republic this morning about Short Sales and the Tax Consequenes from a short sale. This may help answer your question:

Tax consequences from short sales

by Christopher Combs – Jan. 13, 2010 12:00 AM

Question: We borrowed money to purchase our home in Paradise Valley
The Arizona Republic and our two …

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PHOENIX HOMES SELLS 12% OVER APPRAISED VALUE

by admin September 29, 2009 Real Estate Market Update

Despite the government’s horrible new law, HVCC, this home sold well over appraised value!

WHY, WHAT’S THE STORY?

I was contacted by John and Sue to sell their home on east Topeka. I meet with them and discussed the comparable sales. However, in their case I had just worked with a buyer looking for a similar home. …

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