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It IS The Right Time To Buy A Home in Phoenix AZ

Adele Coffman

I have many folks who are “on the fence” right now and can not seem to make the decision to move forward and purchase a home. I understand why! The market has been so different than anything we have ever experienced…no one knows exactly what to think. But here are a few reasons why it’s a GREAT time to buy…especially here in the Phoenix, AZ market. The Valley of the Sun includes Phoenix, Scottsdale, Glendale, Peoria, Mesa, Tempe, Chandler and Paradise Valley…just to name a few. And there... [Read more]

Ah-Ha of the Day – Short Sale – Multiple Offers

Jamie Sistek

Note: Ah-Ha of the Day was created with the real estate professional in mind, but may be applied in other industries and provide great information for home buyers & sellers. This relates to both Buyer and Seller representation… Are you representing a buyer who is considering a short sale? Are you concerned once you have an accepted offer by the seller and the offer is submitted to the lender for approval, other offers may come in to which the seller will submit them to the lender? Could... [Read more]

Ah-Ha of the Day – Short Sales – Seek Legal Counsel?

Jamie Sistek

Note: Ah-Ha of the Day was created with the real estate professional in mind, but may be applied in other industries and provide great information for home buyers & sellers. As a seller’s agent, do you list short sales? If you do, are you listing them in the Multiple Listing Service (MLS) immediately following the signed agreement from the seller? It may be in your best interest, and more importantly your client’s best interest, to wait at least 7 days prior to making the listing... [Read more]

Ah-Ha of the Day – What Is HAFA & Who Needs It Anyway? Why You NEED To Know What HAFA Offers!

Jamie Sistek

Note: Ah-Ha of the Day was created with the real estate professional in mind, but may be applied in other industries and provide great information for home buyers & sellers. As a real estate agent, whether you list short sales or not, if you don’t think you need to know what HAFA is, you may need to think again. If you aren’t familiar with the Home Affordability Foreclosure Alternative (HAFA), this program was announced in November 2009 and took effect on April 5, 2010. This is the... [Read more]

Strategic Foreclosure…A Good “Strategy”? Or Not?

Adele Coffman

Homeowners have found themselves in foreclosure for a number of reasons. Some lost their jobs–the national unemployment rate remains in the double digits–and had no way to make mortgage payments. Here in Arizona we have one of the highest rates of unemployment anywhere. Some people simply purchased properties they could never really afford. Some got caught up in “bad” loans that adjusted and made the home unaffordable. But as the housing crisis stumbles forward, an additional segment... [Read more]

Ah-Ha of the Day – Home Warranties – Sump Pump, Sewer Ejector, Septic Tank Pumping, Septic System Oh MY!

Jamie Sistek

Note: Ah-Ha of the Day was created with the real estate professional in mind, but may be applied in other industries and provide great information for home buyers & sellers. Have you represented a buyer that bought a home with a sump pump, septic system, sewer ejector or septic tank pump? Did they purchase a home warranty? If yes, does their warranty have the appropriate coverage for any of the above either standard or optional? If optional, did they knowlingly request or reject it? If the... [Read more]

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