As a REALTOR ®, I continue to run into these two types of buyers time and time again… – The first type of buyer is hunting for a bargain in a Phoenix home market that is currently inundated with foreclosures, short-sales and bank-owned homes. And generally, these properties are not “turn-key” or in “move-in” condition. [...]
Financing a Minor or Major Remodel with an FHA Loan? Absolutely!
Filed Under: Buying A Home, Mortgages
Buying a Short Sale – Basics for Buyers
If a home is listed as a Short Sale, does that mean it can close quickly? If you ‘re in the market for a new home in the Phoenix area you may have already run across the phrase “short sale”. If not, you will soon enough. At a quick glance the term “short sale”, also [...]
Filed Under: Buying A Home
Arizona Trustee Sale (Foreclosure Auction) Basics for Buyers
In Arizona, the trustee sale is the last step in the foreclosure process. Either the home sells at the trustee sale or it goes to the lender and becomes a bank owned home. Often held at the court house steps or in the office of the trustee, the auction style selling process is most often [...]
Filed Under: Buying A Home Tagged With: Real Estate Auctions, Trustee Sale
Going Once, Going Twice, Sold to the Highest Bidder!
You’ve probably heard the commercials on the radio or seen them on TV that go something like this; This weekend only! Hundreds of homes must be liquidated! Bank foreclosed homes at bargain prices! Don’t miss this incredible opportunity! Yada, yada, yada! Surely, there are some good deals to be had at the real estate auctions [...]
Filed Under: Buying A Home
Buying & Selling Real Estate is a Group Effort
Regardless of what side of the table you’re sitting on, buyer or seller, a typical real estate transaction requires a group of people working toward a common goal. The Goal; a successful close of escrow with all parties happy with the results. The Group; the Realtors (one for the buyer & one for the seller), [...]
Filed Under: Buying A Home, Selling Your Home, Short Sales, Teamwork