Payson, AZ

Many Real Estate Professionals are seeing a change in this market. Some are following the trends and some are not. Buyer agents are looking at making money and providing fiduciary to their clients by providing the most sought after property listings to their clients by researching the REO properties... yet many do not have clue how the process works. After all... when in History did most all the buyers flock to REO properties like they do today?

I write this for two important reasons. One for the agents and one for the consumers. When it comes to purchasing bank owned homes there are a few important things to consider. The seller although being a bank... trying to recover from the loss of foreclosure is not necessary going to give their valuable assets away for 50 cents on the dollar. Some buyers and agents look at the foreclosure reports and base their offer on what the bank foreclosure amount was without considering the actual cost involved with the foreclosure process itself. Some offers come in way under the public foreclosure amount and thus we have home buyers believing they can buy way under value. Then they wonder why our banks are in trouble with bail outs in the economy today.... Go figure. The truth is while sitting at the accountants desk for the bank there are certain levels that are considered. Imagine sitting at that desk for just half an hour!!!!

The banks are trying to recover from what is happening and they are pricing their properties to compete with the inventory as any serious seller would do. The agents are busy the buyers are excited, however so many buyers and agents are blown away when they get back a seller response to their offer at full price or close to it. I have analyzed this as I process many offers daily in Northern, Central and Eastern Arizona and specialize only in bank owned properties.

I can help you understand more about the process and the expectations when purchasing. Follow my blogs and am going to make it a goal to provide valuable information on Bank Foreclosures in Arizona. How do you Choose the right property? How do you analyse it befor the offer? What do you want to offer? What are the different bank requirements? Why are the requirements different for every bank? How do you actually know what properties are in price distress? When can you actually buy for 50 cents on the dollar?

I will write one blog a week regarding this important issue. Today...we are just getting started!

Ahh, the last warm days! Come out and enjoy them at the last community Flea Market of the year. It is held at the Presbyterian Church parking lot on West Main Street, Saturday the 17th from 8 am till noon.

You never know what you may find. In addition to second hand items, there are often various crafts, some real antiques; and at this one I think there will probably be some Farmer's Market vendors since the Market closed the end of September. You might look for some baked goods and jams and jellies.

Payson weather is gorgeous just now. Nights are chilly, so mornings are cool. I figure by noon it will be around 80, though.

I'm planning on coming to sell tomato preserves (the last of my harvest) and maybe some herbs and flowers. I will also be clearancing some candles left from a craft show. I garden and craft for fun sometimes, to get a break from the RE office.

Come on out and enjoy. You might find a treasure!

If you're looking for a treasure in a house for sale or for rent, visit our web pages and give us a call. We've been in Payson for many years, and love to help people discover our nice little town!

This picture looks over of the town of Payson. The sun is shining, you can almost hear the birds singing. You know that there are squirrels dashing across tree tops and somewhere there are herds of elk grazing just out of view (or in plain view depending on where your located) Just a reminder as to why we enjoy such a beautiful little town.

We manage well over 100 rentals, but we have only about 4 or 5 which are four bedroom.

This one is currently for rent. It is a large double-wide manufactured home, newer- so it is light and bright inside. It sits on a city lot on a cul-de-sac in a quiet part of town, It has a deck, a fenced yard, and even a fireplace in the master bedroom!

It is available for $1150 per month.

For this or any other rental in the Payson area, visit http://www.RentinPayson.com

Don't you remember in grade school during the fall and winter arts class would always make some sort of fun little bird-treat for you to hang in your back yard.

Here is your chance to embrace your childhood memory and utilize it to help scientists track birds (low or high in numbers) and log migratory patterns. www.feederwatch.org is the place to sign up to pick your days (November through April) and later input your data of birds that visit your backyard bird feeders. There is a small fee to sign up but they send you a research kit and all the tools necessary. This is a really cool opportunity for those of you who might get snowed-in or on winter-break and something to do to keep warm and do something constructive to watch a bird feeder and see which kindof birds show up. You never know, you might get to see a rare bird too! Not advertising, Just remembering the good ole days...