Localism: Arizona

Arizona Short Sales Are Here To Stay

Sat, 22 Nov 2008 10:00:48 -0600

Arizona Short Sales are Here to Stay. I am no happier about this than anyone else. The Valley Solutions Team at Solutions Real Estate has consistently battled through quite a few short sales in Arizona. We were actually fairly effective at it considering all of the challenges including evaluating the sellers position, setting the correct price, putting together a complete packet that would be acceptable to the lender, following up extensivley during the 60-90 day wait period, only to find out once the lender approves the deal the buyer has walked or moved on to purchase another home, typically a bank owned home.

Over the past few months we were actively seeking a better way that would allow us to better assist our short sale sellers and potential short sale clients. We now have an association with a third party company who specialize in negotiating the short sale process. This is their business. This is what they are good at. They have been doing this for over 15 years and have the contacts, the reputation and the track record that allows them to correctly evaluate the file and negotiate the deal with the lender.

The Valley Solutions Team is great at marketing properties in Arizona and representing our clients through the purchase or sale process. We now feel we even have more to offer by utilizing the services of M-Resolution. We will now be able to focus on what we are good at and they will do what they are good at. Who wins??? The Arizona short sale seller... They will now have the best of both worlds when working with The Valley Solutions Team at Solutions Real Estate.

We have even begun putting together a special website just for Arizona short sales and short sales in Arizona. The website can be seen at http://www.ShortSalesAreHere.com (short for short sales are here to stay). If you are a Gilbert short sale, a Mesa short sale, a Scottsdale short sale, a Queen Creek short sale, a Chandler short sale, a Phoenix short sale or a short sale in any valley city, we are well suited to assist you. We will market the property exactly the same as every other property, meaning you will have the greatest exposure to the largest audience, guaranteed!!!!

We are Arizona short sale agents. We have been to every short sale training class offered and will cintinue to go. We have a special guide to negotiating a settlement with your lender and keeping your home, we have access to every lenders filing requirements. We know what we are doing, so please visit our website and contact for an immediate evaluation of your potential short sale situation.

All fees to real estate agents and third party company are fully disclosed and would be considered customary. Fees are also typically paid by the bank at no cost to the seller or buyer.

If you would like to visit our team site, you may find it at http://www.ValleySolutionsTeam.com

If you would like to visit our Bank Owned site, you may visit it at http://www.OnlyBankDeals.com

If you would like to visit our company site, you may visit at http://www.SolutionsRealEstate.com

Thank you for taking the time to read.

Will the US Become Japan?

Fri, 21 Nov 2008 23:36:15 -0600

I hope not. Have you looked at the Nikkei index? They have been in a deflationary cycle since the late 80's. 20 years. Yikes. That is a long time!

The Nikkei is down almost 80% in the past 20 years and their federal bank rates have been close to 0% almost the entire time, and it has been at 0% since 1999!!! The Dow hit those kind of down numbers only in the great depression and we are making those kind of cuts to the fed now too. It makes one wonder about "bubbles."

We all know about the recent commodities bubble this summer that has popped. Oil is down from $150/barrel to $50/barrel. It was one of the few bright spots in the stock market this year (if you owned oil and gas stock), but not so at the gas pump. We are still at the bottom of the bubble for real estate that popped the last few years.

The tech bubble popped in 2002 I believe it was. Tech is still in a funk, although parts of it like Apple have done well recently.

And the poor Japanese have still not recovered from their insane real estate bubble of the 80's. That is scary.

Am I the only person tired of bubbles? My daughter loves to play with them. Who would have thought they could be so dangerous!

But that is just fear right?

Howard Hughes became a billionaire due to a lot of the investments he made in the 30's during the depression. It takes fortitude to buy in a market where there is so much fear. Wall Street is paralyzed by fear right now. But who do I see buying right now? Besides first timers and people moving up, the most I am seeing are the wealthy. I have had only 2 out of my last 12 buyers use a loan. The rest paid cash, which gives them leverage in negotiations in a buyers market. Interesting.

Fortunes are being made right now by buying at the bottom. Buy low, sell high. Who would have thought it was so hard to do? Join the Arizona gold rush. It is in real estate right now!

Marc

Wintering In Tucson, Arizona: Subaru 360, Actual Size

Fri, 21 Nov 2008 21:54:34 -0600

I wish the owner had been in the picture instead of in the clubhouse at Tucson Estates II.

It would have given you a sense of the diminutive size of this little van.

If Broker Bryant were on one side, and TLW...ROAR on the other, they could shake hands across the roof.

Our clubhouse here in this Tucson Mountain enclave attracts residents with a wonderful pool. The parking lot is usually populated with golf carts, the biggest of which isn't a whole lot smaller than this Subaru 360.

The sign in the back window says it all. Actual Size!

I'm Mike in Tucson, your preferred Tucson, AZ Mortgage lender.

Think of me as your Tucson mortgage expert.
(520) 349-9090

Special Event at RE/MAX in Flagstaff This Saturday -- November 22

Fri, 21 Nov 2008 20:41:49 -0600

Come for lunch and a free ride to tour 17 affordable Flagstaff homes -- RE/MAX Peak Properties on Saturday!

For more information and a preview of some of the homes on the tour, click here:

Free Ride to Flagstaff Homeownership Tour Saturday!

If you can't make it Saturday, give us a call anytime to set up your personal consultation and home tour: Team Heitland at RE/MAX Peak Properties. 928-714-0001.

Flagstaff Real Estate Update -- Friday November 21

Fri, 21 Nov 2008 20:31:49 -0600

New Listings

Back on Market

Price Increases

Price Reductions

Contingents

Pendings

Solds

Expireds

Note: Information in the chart is complied by and based upon multiple-listing-service data from the Northern Arizona Association of Realtors® and is deemed reliable for sales reported to the association, but is not guaranteed and does not include all sales in the market area.

To follow news, events and the Flagstaff real estate market, you can visit and subscribe to my other blog: Flagstaff Real Estate and Community News.

If you know anyone who wants to buy or sell real estate, send them to our website to get started: BestFlagstaffHomes.com -- from there they can search all listings in Flagstaff -- or have them give us a call: 928-714-0001.