Payson, AZ

We are opening a new short sale division in Payson Arizona. As we specialize in reo properties currently we are also equipped with the software and top of the line equipment to expand our business portfolio into Short Sale to help the consumer before foreclosure hits them. I am very educated and knowledgeable about how the short sale process works and currently have many short sale escrows throughout Central, Northern and Eastern Arizona. I have Four assistants currently training to handle all aspects of the business including two assistants in Real Estate office clerical positions and two field service assistants prepared to help the consumer with the physical on-site property issues. I hope to provide exceptional service where is needed most in our community and I look forward to helping those in distress and facing foreclosure. Please call me if you would like assistance or know someone that needs our help.

Tamra Lee Ulmer

877-474-2550

Payson, AZ sold statistics for September, 2009.

(These are ONLY for properties listed as being IN PAYSON, not outlying areas, and are properties which were listed through our local MLS).

Site Built homes (constructed on the site)

38 sold
1 of these was "bank-owned"
prices ranged from $105,900 to $975,000

15 of the "solds" were under $200,000
15 were between $200,000 and $300,000
8 were over $300,000

the average price was $258,665
median price was $225,000

average days on the market until sold was 185

Manufactured homes (trucked in, but newer than mobiles)

8 sold
prices ranged from $108,000 to $325,000
average price was $157,937
median was $132,500

average days on the market was 129

There were also older mobiles, condos, land sales; and there are many properties in Pine, Strawberry, Star Valley, Christopher Creek, and other outlying areas. For info on any of these please contact us.

A river runs through the National Forest on my way to one of my remote listings in Geronimo Estates. Lucky me gets to drive through the East Verde River as it runs South towards Phoenix every time I go out to check my flier box. Sometimes there are elk or deer drinking when I pass by. Today I could see fish jumping near the banks. Too peaceful...

(Yes, I know I'm late)

Payson, AZ sold statistics for the Summer, 2009- June 1st to August 31st.
(These are ONLY for properties listed as being IN PAYSON, not outlying areas, and are properties which were listed through our local MLS).

Site Built homes (constructed on the site)
64 sold
3 of these were "bank-owned"
prices ranged from $61,400 to $725,000
25 of the "solds" were under $200,000
17 were between $200,000 and $300,000
22 were over $300,000
the average price was $284,641
median price was $230,000
average days on the market until sold was 188

Manufactured homes (trucked in, but newer than mobiles)
11 sold
prices ranged from $70,000 to $187,500
only the one at $70,000 was under $100,000
average price was $139,955
median was $140,000
average days on the market was 298

There were also older mobiles, condos, land sales; and there are many properties in Pine, Strawberry, Star Valley, Christopher Creek, and other outlying areas. For info on any of these please contact us.

I've been attending some renewal hour classes this last month and have learned a few "trick of the trade" so to speak to get some loans done that I thought were out of the questions.

FHA seems to be the loan flavor of the month, and many lenders are conducting classes to teach REALTORS some of the possibilities with these loans...got to capture those buyers with any rope available.

The newest angle is to purchase a second home with an FHA loan. Although FHA says you can't have TWO FHA loans, there are some exceptions. One of them goes like this...if only one spouse in the union owns the primary residence (the second spouse is not on the loan or on title). And providing that the second spouse can qualify for the loan without counting the income of the other, they can get a loan on the second home through FHA. Slick!

Payson, Arizona is a second home community just one hour north of Phoenix with a climate of four mild seasons. Population is 15,000 wonderful folks, surrounded by 3.9 million acres of Ponderosa Pines and tucked just under the Mogollon Rim. Hiking, camping, fishing, and just relaxing are our primary attractions. So you guys that are suffering from the heat just south of us, come on up! Great prices on second homes in Payson and the selection is fantastic.

When you're buying or selling real estate, don't forget to remember me!