GOVERNMENT TRIES TO HELP Why is it every time the government tries to help they make things worse. Yes, in the “hey day” some lenders called the appraisers and put pressure on them to get appraisals done. This was done by the few. So, the government creats this new law HVCC, which stands for Home Value Code of…Read More→
METRO PHOENIX WEEKLY REAL ESTATE MARKET UPDATE 9/17/09
I hope you enjoy the information provided in my weekly real estate market update. Please don’t hesitate to ask questions or make comments!! Today I discuss the real estate market in metro Phoenix and Scottsdale. I will give the available listings, pending listings and sold listings for the week. Then I discuss the question of…Read More→
WARREN BUFFETT SAYS WORST IS OVER, BERNAKE AND OTHER HEROS
Wow, these are some pretty huge statements out of one of the most respected American business men, Warren Buffett. He claims the worst is over and there will not be a double dip recession. Pretty bold considering we still don’t know the affects of the Commercial Real Estate bubble bursting. But, hey, he knows more…Read More→
WE ARE STOPPING ANOTHER FORECLOSURE
We were contacted by a client last week. Another sad story of poor judgement and misguidance by a lender. OUR HOME IS GOING INTO FORECLOSURE! They have a second home out here in Scottsdale in the community of Winfield. Winfield is an upscale Tennis community located in North Scottsdale. Tina called and didn’t know what…Read More→
SOLD AND CLOSED ANOTHER SHORT SALE
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…Read More→
SHORT SALE SUCCESS STORY
Yes, times have changed this year and Short Sale approvals are happening on a regular basis. SOLD AND CLOSED SHORT SALE I listed this home in Litchfield Park, Arizona, as a short sale. It was an investor owned property and he owed way more than it was worth. We worked with him and our short…Read More→
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