Scottsdale Ranch Community Association was developed in 1984 by the developer, Markland Properties and has since become a premier and progressive residential community comprised of 3,938 residences, all reflecting one's taste and individuality, from stately waterfront homes beautiful Scottsdale Ranch Real Estate and spacious tennis-villas, to private patio homes, elegant townhomes, and spacious and friendly single-family homes.
SCOTTSDALE RANCH REAL ESTATE >>
The concept of this one-of-a-kind community was to promote unique lifestyle options and consistent architectural features within the 40 different sub-associations of Scottsdale Ranch Real Estate. Lake Serena, is open to all Scottsdale Ranch residents for fishing and boating. Residents are required to submit a completed Lake Membership Card Application and stop by the SRCA office to receive their card. The membership card ensures staff and other residents that you are a valid resident of the Ranch permitted to use the lake. Lake memberships cards are required to be in possession of residents whenever enjoying the lake.The Boat Club was reinstated in the fall of 2007 and is designed to allow all SRCA residents the free usage of a variety of recreational watercrafts. Scottsdale Ranch Real Estate Residents can reserve any of our boats, free-of-charge with a minimum of 48 hours notice.
Located in the heart of Scottsdale Ranch, this 42-acre park includes: a tennis center with 12 lighted tennis courts, 4 lighted racquetball courts, 1 lighted squash court, 6 lighted sand volley ball courts, 1 lighted full basketball court, 2 lighted half basketball courts, 2 lighted baseball fields, 6 reservable picnic ramadas and a 12-station exercise course. The Park also houses a passive recreational opportunity of the Desert Garden. The Garden encompasses three interpretive zones: a hummingbird nest, a saguaro sanctuary and a butterfly garden. For more information about the facility or programs offered, contact, Park Coordinator, Karen Weir by email at kweir@ScottsdaleAZ.gov. Visit the website for more information at www.ScottsdaleAZ.gov/parks/SRP.
Scottsdale Ranch has a reputation for academic rigor in a child-centered learning environment that encompasses highly qualified teachers, supportive parent volunteers and motivated students. Open enrollment is always accepted for student's preschool through fifth grade. If you would like a tour at anytime, feel free to visit their website at http://www.laguna.susd.org. Located in Scottsdale Ranch, the Via Linda Senior Center is home to many activities for the public to enjoy.
For Scottsdale Ranch Real Estate Please visit http://www.scottsdalerealestate-az.com
Classes in fitness, personal development, foreign language, computers and art are all offered. Classes include aerobics, yoga, tai chi, various dance styles, Spanish and French languages, bridge lessons, beginning and advanced computer courses, and a variety of art mediums. The Center also offers regular health screenings of blood pressure, hearing and visions for your convenience. The Center even offers events of movie nights, discussion groups on books and finance, outings to the theater and local restaurants and tourist attractions. Questions regarding the center or to register for classes or programs visit http://www.scottsdaleaz.gov/seniors.asp
Next to the community is Scottsdale Ranch Park, a 31-acre venue that offers a variety of sports and recreation opportunities. Residents will find baseball diamonds, basketball, tennis, racquetball and volleyball, plus large grass areas with shade trees and picnic areas. The tennis center features 12 lighted tennis courts, four lighted racquetball courts and one lighted squash court. There are also six lighted sand volleyball courts, picnic areas, four half-court basketball courts, four lighted ball fields and a children's playground. The campus offers something for all ages with an elementary school, a senior's center and a boys and girls club. Scottsdale Ranch Real Estate Scottsdale Ranch Park and the local Mercado Shopping Center offers a variety of restaurants and specialty stores, as well AJ's Gourmet Grocery Store, Starbucks coffee, Blockbuster Video, Goldie's Sports Bar, Curves, Banks, Gas Station, Walgreens drug store and a mail supply center.
Gorgeous views of the mountains from the bedroom, and the pool and spa from the Living/Dining room & deck (See Photo). Just across from the main club house, tennis courts and Fitness/Recreation Center. The Racquet Club also has a 24 hour Guard Gate and on-site security with night patrols.
Visit the On Site Community Director for list of weekly events. Tennis Lessons and Leagues, Aerobic Classes and Resident Activities! or just relax on your own. The Racquet Club has lush grounds, 9 lighted tennis courts, Tennis Pro on Staff, 5 heated pools, 6 spas, fitness and activity rooms, 2 saunas, masseuse on site, lighted walkways, fountains, waterfalls and streams flowing into serene ponds and gardens. All this and shopping, restaurants, golf, casinos and theaters nearby. While once thought of as a quiet community for retired winter residents, Scottsdale Ranch real estate has become increasingly popular with homebuyers of all ages. Centrally located near the Loop 101 Freeway in North Scottsdale, the "Ranch" offers a wide variety of houses and condos in a highly convenient, suburban location. Scottsdale Ranch Real Estate standouts because of their spacious floor plans, ample lots, and mature landscaping. The majority of Scottsdale Ranch real estate was constructed in the mid to late 1980's, and home prices from about $180,000 for a one bedroom condo to over $2 million for a waterfront property on Lake Serena.
For information about Scottsdale Real Estate please contact us at:
RE/MAX Achievers
6424 E. Greenway Parkway
Scottsdale, AZ 85254
Office: (602)214-2675 Email: georgemiro@cox.net
Website: http://www.scottsdalerealestate-az.com
Scottsdale Real Estate Luxury homes>>
September 2008 brought some mixed and negative results for the Scottsdale luxury homes market. In the lower-priced luxury segments,we are seeing declines in sales and pending sales as well as an up tickin inventory. However, the $3 million and above segment is still holding its own, tracking ahead of the 12 month averages for sales and pending sales. There were 273 actives in September, an uptick of 3 homes over August. However, this number is still trending lower than the 12 month average of 285 active homes. There were 9 homes pending in September, one more than August. The average pending figure for the last twelve months is 11. Eight homes sold in September. The average for this segment is 9 home sales per month.
The Scottsdale Luxury Homes market was able to withstand the first round of depreciation and maybe the second without many foreclosures or short sales because of the older housing stock and the larger equity positions. Another positive was that many of the homeowners had large credit lines that could help cash flow for awhile.The lack of buyers for homes over $500,000 is making the inventory climb. No longer are there buyers to pick up the homes for the few people that really have to sell. No longer do the seller's have 30%equity positions that helped make the Scottsdale Luxury homes market so resilient.
When homeowners can no longer make the house payment and they have to sell the only choices are to keep lowering the price if they have equity, try to do a short sale or let it go into foreclosure. All of these choices bring down the whole market!
Another challenge is the lack of jumbo financing. If you are trying to get a loan for over $417,000 you have to have 20% down. No longer can you put down 5, 10 or 15 percent! With the stock market down and the lack of equity from the sale of current residences very few people can come up with 20%.
Charles R. Calteux, as trustee of the Elena UihleinCrim Trust, paid $4,200,000 cash for a five-bedroom, Scottsdale Luxury Homes five-bath, 5,552-square-foot home with pool originally built in 1985 north of the Pinnacle Peak Country Club in Scottsdale. The horse property on three walled and gated acres includes a barn office/social area, four-stall barn, two pastures, bridle path entry, separate self-contained game house and RV garage. The Spanish hacienda-design home has a master bedroom upstairs and downstairs.Elena Uihlein Crim is the daughter of the late Erwin C. "Ike" Uihlein,former president and chairman of the board of the Joseph Schlitz Brewing Co. The home was sold by Gary A. Martinson and his wife, Ronna.Gary Martin on is principal, CEO and director of Mirage Homes in Fountain Hills.
There are currently 1400 homes on the market in Scottsdale between $500,000 and $999,000. In this price range there were only 64 closings in the last 30 days. That means we have nearly 22 months of inventory.A normal market would have between 7-10 months of inventory. Thea verage days on market for the closed Scottsdale Luxury Homes was 144.
Currently there are 1016 homes on the market in Scottsdale between $1,000,000 and $2,500,000. In this price range there were only 21 closings in the last 30 days. That means we have nearly 48 months of inventory. A normal market would have between 10 - 18 months of inventory. The average days on market for the closed homes was 170.
The ultra luxury numbers are frightening if you are a seller and arenot willing to reduce your price dramatically. There are 467 homes onthe market over $2,500,000 and only 3 closings in the last 30 days.That is 155 months of inventory!
for more information about Scottsdale Real Estate or to answer any of your important real estate questions about Scottsdale Luxury Homes for sale vsit our website at www.scottsdalerealestate-az.com . We look forward to helping you turn your realty dreams into a reality!
In order to find the right Scottsdale AZ Real Estate Agent you should plan on meeting with a handful of possible agents. During these meetings figure out if the agent truly understands your needs. Question how they plan to work on your behalf. Be wary of the agents that insist on sending you listings before you even meet. Be particularly worried if they insist that you see a particular property before its too late. These are all tell tale signs of an agent who is just trying to make a quick deal.
Scottsdale AZ Real Estate Agent >>
First, of all, let's discuss why some people employ an agent. Many people employ an Scottsdale AZ Real Estate Agent simply because they don't have the time or the energy to sell the property themselves. Take me for instance, when I employed a Scottsdale AZ real estate agent to sell my residential property, I was working a full time job, caring for children, my husband and my home. We were both very busy and simply didn't have the time or the energy to take care of the details to get our property sold. We had too much going on and we simply needed to get the property sold quickly so that we wouldn't loose out on our "dream home." In this instance, conducting the entire deal ourselves simply would not have been a wise decision. Instead, we hired a professional real estate agent and we paid her 4% of the selling price. Although this may seem like a lot, it actually wasn't. Our Scottsdale AZ Real Estate Agent closed the deal quickly and got us 10% more than we thought the property was worth. She really knew her stuff and we were smart to hire her.
Listed are a few things that you can ask your agent to determine if they are a good agent:
1. Do they know what they are talking about?
2. Can you spend long periods of time with them?
3. Will they stick with you if the right property does not come around for a number of months?
4. Have they been referred?
5. Are they honest?
6. How experienced are they?
7. Are they full time or just part time?
8. Do they regularly deal in the neighbourhood that you are looking in?
9. Are they reliable?
10. Do they have a good business sense? Is the Scottsdale AZ Real Estate Agent business an industry or a profession?
Now, most real estate agents would say that it is a profession. After all, they have been in the business for years, have certain ethical standards and continuing educational requirements. But, really how do they compare to other professions, including accountants, engineers, lawyers and doctors? The pay that your real estate agent will receive depends on their status with the brokerage. Newer Scottsdale AZ Real Estate Agents will get a lower percentage of the commission than an agent who has been in the business for a long time. Sometimes the brokerage takes fees for marketing costs and overhead from the commission.
There are some real estate agents (and these are usually veteran, top-selling agents) pay the broker what is called desk/rental fee." This means that the agent gets to keep the entire commission and they agree to pay the broker a flat fee to be associated under the umbrella of the broker. For information about Scottsdale AZ Real Estate Agent, Scottsdale Homes for sale, Scottsdale Custom Homes or Scottsdale apartments for sale please call us at 602-214-2675 or e-mail us at info@scottsdalerealestateaz.com .
DC Ranch Community Association is offering Job position
Jobing Description This position will be a direct support to the DC Ranch Community Manager. This position plays a strong role in a fast paced environment and must have a professional appearance and attitude, be organized, have the ability to multi-task and use independent judgment to prioritize work assignments and possess good written and oral communication skills.
Specific Job Requirements
Skills / Requirements Position Requirements
Pay: $35,000 to $40,000/year W/ Year end Bonus!
Conact the DC Ranch Community Association
For more information about DC Ranch Homes for Sale Please contact:
RE/MAX Achievers
6424 E. Greenway Parkway
Scottsdale, AZ 85254 Office: (602)214-2675 Email: georgemiro@cox.net
Website: http://www.scottsdalerealestate-az.com
Blog: http://www.scottsdalerealestate-az.com/blog/
DC Ranch, a 8,281-acre nationally acclaimed master planned golf community, began development in 1997. Located in the western foothills of the McDowell Mountains, it has retained much of its serenity by developing less than half of its acreage. DC Ranch, one of Scottsdale's newer real estate developments, has it all. Local grocery stores, fire protection, and medical facilities are within walking distance. Most of DC Ranch is wired with hi-speed Internet and has its own cable TV station that keeps residents up to date on current events around the community and golf course. Housing options include rental units, town homes and villas (from $300,000's) and custom-home lots (from $200,000)-altogether between four- and five-thousand housing units will eventually make up DC Ranch.
Located at the base of the McDowell Mountains in north Scottsdale, the community of DC Ranch prides itself on providing a small-town atmosphere while offering residents a whole host of amenities and activities. DC Ranch homes have been inspired by a variety of styles including Spanish, Craftsman, and Western regional architecture, and distinctive features such as porches and recessed garages promote front-of-home living. Tree-lined streets, parks, and other residential settings were designed to further distinguish the neighborhood feel of the community. DC Ranch real estate includes condominiums, town homes and single-family homes to luxury villas and custom estates. From the high $200,000s to over $4 million, there is DC Ranch homes for sale in every price range.
Before creating DC Ranch, its developers spent years traveling the country's neighborhoods, new and old, to determine what made a community livable and great. They took what they learned and applied it to DC Ranch. The streets curve, there is ample open space, and house setbacks vary so that the resulting streetscape is very unlike the cookie-cutter neighborhoods that have come to dominate. A network of walking paths wind through the 3,700-acre master plan connecting homes to community amenities, schools, churches, parks and shopping. Every home is wired with fiber optics for telephone, cable and high-speed internet access. A community center offers residents swimming, tennis, basketball, volleyball, fitness. DC Ranch is set in the ruggedly beautiful vegetation that grows taller and lusher as the land rises towards the McDowell Mountains in northeast Scottsdale. The master plan, developed by Vernon Swaback AIA, offers a true sense of neighborhood by creating villages that conform to the land and its natural features. Views include long distant vistas over the valley floor with its city lights at night, as well as lush green golf courses DC Ranch homes for sale
A private club with golf, swimming, tennis, a fitness center, educational classes and fine dining awaits its members. The Country Club at DC Ranch is situated in the heart of the Sonoran Desert, architecturally designed to blend into the environment while recalling memories of the 1920s and 1930s grand western resorts. The Scott Miller designed, par-71, 6,872 yard golf course features four tees on each hole, with a 72.4 rating and a slope of 130 from the profe ssional tees. Every hole frames spectacular views that surround this golf course.
http://www.relocatetoazhomes.com
DC RANCH MASTERPLANNED COMMUNITY
DC Ranch is also a master-planned community in North Scottsdale and offers premier exclusive desert living. The community's intimate, friendly neighborhoods create a perfect environment for raising a family, entertaining friends or welcoming visitors. Real estate options consist of townhomes and single-family detached homes for sale, and townhouses and condos. The community offers a variety of incredible amenities, including an optional membership at two golf courses and country clubs, The Country Club and The Silverleaf Club, two modern community centers, 33 miles of landscaped parks and trails, an innovative park, a community intranet and Copper Ridge Elementary and Middle School. The area is composed of four distinct neighborhoods: Desert Parks Village, Desert Camp Village, Market Street Village and Country Club Village. In addition to the natural beauty of the desert and nearby mountains, residents enjoy the many attractions of Scottsdale and nearby Phoenix. Scottsdale provides an eclectic mix of art galleries, access to outdoor pursuits, delectable restaurants, specialty shopping, acclaimed museums and active nightlife. It's no wonder that Scottsdale is one of Arizona's most acclaimed tourist areas! With over 1.5 million residents, Phoenix is quickly becoming one of the United States' premier cities. In Phoenix, you can explore the remains of a 1,500-year-old village, see a Coyotes NHL game, see the Ballet Arizona's latest show or eat a world-class meal! The combination of exciting attractions, a small-town atmosphere and over 300 days of sunshine a year make this community a utopia for any individual or a family.
HOME FOR SALE IN DC RANCH
$550,000 / 3br - EXCEPTIONAL HOME- DC RANCH HOMES FOR SALE Enjoy great mountain and city light views from this upstairs end unit in spectacular DC Ranch- This is the nicest spot in the valley and just 5 minutes to both the Golf and Barrett-Jackson Auto Auction and only a 30 minute limo ride (included) to the stadium for the big game. Just 2 blocks and a short walk to Market Street and over a dozen places eat, drink and shop. This unit has leather furniture, copper top dine set, granite counters and 2 large HD TV's. The master has a 46 inch Sony Bravia HD and an adjustable king size bed. You will not be disappointed with this rental- Ask anyone that knows- DC Ranch is the place to be. To insure your satisfaction I'm including, a bottle of Dom and the limo to and from the game.
DC RANCH HEALTH CLUB
DC Ranch Village health Club and Spa has a twist on eating chocolate, literally. The latest yoga class, ‘Chocolate-Covered Yoga' teaches yogis how not only to calm the mind and exercise the body, but also how to heighten the senses, and experience sensations on a deeper level, such as more satisfying chocolate eating.
The class is a very fulfilling yoga class, physically, emotionally and spiritually through the use of three different elements; 1) chocolate tasting in which chocolate relates to different parts of the body and helps achieve a more sensual experience, 2) certain quotes the instructor will read during the class help yogis focus on their emotions, and of course 3) the asanas, or poses the class will do which provides the physical aspect of the class. In addition, the class' music will coordinate and relate to different parts of the body. Some of the chocolate that relates to different parts of the body are; chocolate with a hint of chili works the solar plexes and creates fire within the body; and chocolate with a hint of bacon focuses on the body's foundation. DC Ranch homes for sale
DC RANCH GOLF CLUB
A 34,000-square-foot Ranch Hacienda-style clubhouse combines Old World architecture with historic Arizona elements. Hailed as the leading social club in the Northeast Valley, this is one of Scottsdale's premier locations for weddings, receptions and other special occasions. The Clubhouse offers a full-year calendar of social events and activities for all ages. Features include a grand courtyard, meeting rooms, indoor and outdoor dining areas, richly styled men's and women's lounges with adjoining steam and massage rooms and easy access to a fitness area. There are also six lighted tennis courts, a lap pool and a children's play pool DC Ranch homes for sale
Natural contours create artistry and discoveries with every round at this private golf course, offering challenge and playability for all levels. The course lies in the foothills of the McDowell Mountains, offering beautiful mountain and city views at nearly every turn. The 18-hole, par-71, 6,888-yard course was redesigned by renowned course architects Tom Lehman and John Fought. Features include multiple tees, dramatic white sand bunkers, putting and chipping greens and a pro shop with a knowledgeable, professional staff.
Membership is by invitation and is separate from property ownership. It is available to residents and non-residents alike. Three levels are offered: full golf; sport social; and clubhouse. For a personal introduction, please contact the membership director at 480.502.6905.
For more information about DC Ranch homes for sale please contact us at:
RE/MAX Achievers
6424 E. Greenway Parkway
Scottsdale, AZ 85254 Office: (602)214-2675 Email: georgemiro@cox.net
Website: http://www.scottsdalerealestate-az.com
Blog: http://www.scottsdalerealestate-az.com/blog/
Scottsdale Real Estate Agent/Marketer
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If you are looking to buy or sell Real Estate in Arizona and need a professional agent to protect your interest as you enter into transactions with other represented principles, contact me and find out how I can possibly save or make you ten's of thousand's on your next move.
As an agent I am also a real estate investor and my specialty is finding the best prices on the market and negotiating properties for clients and myself. Whether you are on the hunt for your first home or you are looking to invest in million dollar properties and other profitable real estate investments I can introduce you to strategies that very few agents implement and you will snap up nicely priced properties before the competition wakes up.
I also have experience in more complicated and misunderstood markets such as:
Pre-foreclosures, Short Sales, Trustee Sales, Foreclosed and Bank Owned properties. If you will be getting involved in such markets as a buyer or seller I will not only represent you professionally but will also make sure you understand what's involved and what it takes to accomplish the closing of your real estate transaction successfully.
My home selling approach and marketing plan has put a lot of money in my clients pockets. I know exactly what it takes to sell your home faster and for more profit even in today's market. I started this business buying, remodeling and selling real estate for living and have graduated the school of hard knocks. My experience will protect you from making mistakes I have made in the past and it will help you close successful real estate transactions with no regrets.
Real Estate is not a job to me, it's my life. I am a full time Realtor/Investor and serve clients every day all day. I also work with a professional Remax Team and I can assure you that you are in good hands with us. Don't hesitate to contact me with any questions you have about buying, selling or investing in Real Estate. It will be my pleasure to have the opportunity to assist you with your next move.
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What is Foreclosure and Possible Options?
Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a borrower/owner defaults on loan payments (usually mortgage payments) and the lender files a public default notice, called a Notice of Default or Lis Pendens. This process allows for three opportunities for finding bargains on foreclosure homes.
Pre-Foreclosure (NOD, LIS):
Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. The borrower/owner can walk away with something to show for any equity in the property and avoid a bad mark on his or her credit history. The buyer has time to research the title and condition of the property and can realize discounts of 15-25 percent below market value.
Auction (NTS, NFS):
If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner.
Bank-owned (REO):
If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. Bank foreclosures can become government foreclosures if the loan is backed by a government agency such as the Department of Housing and Urban Development (HUD) or the Department of Veterans Affairs (VA). In that case the government agency would be responsible for selling the property.
Please Visit http://www.scottsdalerealestate-az.com
Foreclosure Options:
Option # 1: Reinstatement of Loan (Cure): This option is paying the lender everything that is owed in one lump sum to include missed payments, any late fees associated with these payments, foreclosure fees, legal fees and the principal owed during the delinquency. The lender then will reinstate the loan and stop the foreclosure. The homeowner will continue to make his mortgage payments just like he did when the foreclosure occurred.
Option # 2: Forbearance Agreement - A strategy worth pursuing is called a Loan Forbearance (Payment Plan). The loss mitigation department of your mortgage company may agree to take some of the back payments now and pay the balance within a certain period of time. For Example: You owe $6000 in back payments and fees. Your mortgage company may accept $3000 now and $500 dollars a month for the next 6 months.
Option # 3: Loan Modification - A loan modification is your mortgage company adding your late payments and fees to the loan balance and reinstating your loan. That will be a permanent change to your mortgage and your monthly payment will be just a little higher then before. It depends on the Bank. Some Banks will do it some will not. Forbearance Agreement and Loan Modification are two strategies that are easier to arrange prior to the Mortgage Company filing a foreclosure lawsuit. Some Lenders will not consider it after filing, but it's worth trying.
Option # 4: Deed-in-Lieu - A Deed in Lieu is an option in which a borrower voluntarily deeds collateral property in exchange for a release from all obligations under the mortgage. A DIL may not be accepted from borrowers who can financially make their payments.
Option # 5: Refinancing - After a couple payments are missed you will probably receive letters from mortgage brokers and lenders saying you are already pre-approved for a new mortgage. The fact is that it is very difficult to arrange new financing when you are already in default on your existing mortgage. Be very cautious about sending advanced fee's of $300-$600 to lenders or mortgage brokers. Usually they just want to take advantage of your financial situation. Arranging new financing will depend on your income, credit report, value of your home and amount of your equity. If you attempt to refinance, you should always have a back up plan available to you. Many times we have had home owners call days before the Auction saying their financing did not go through, and then it's too late.
Option # 6: Bankruptcy - A possible alternative if your financial situation has improved is filing for Bankruptcy prior to the Auction to stop the foreclosure. Unfortunately for most people filing for Bankruptcy only postpones the auction sale for one or two months and adds more debt for them to pay off. Immediately after filing for Bankruptcy you have to file a repayment plan with the courts to proof you have sufficient monthly income to pay basic living expenses such as food, utilities, credit cards, car payments etc. In addition your income must be sufficient to resume making your monthly mortgage payments. All past due amounts are usually spread out between 24 and 60 months. If you owe $9000 in missed payments and attorney fees if spread out over 48 months that would be an additional $187.50 due each month to the court appointed trustee. If you feel that you do have the income to immediately begin repayment of all your debts and the courts agree, this may be a good choice for you to save your home.
Over the years, we have spoken with many individuals who filed for bankruptcy protection only to have their cases dismissed. Not only were they out their attorney's fees ($1500-$2500) but now had bankruptcy and foreclosure on their credit report. Keep in mind that even when you file for bankruptcy you still have to keep making payments.
Option # 7: Sell your home on the open market - The fact is selling your home will give you the most money in your pocket. If you have recently been served with a foreclosure lawsuit you still have enough time to sell your home which will provide you and your family with the greatest amount of money to help for a fresh start .
Option # 8: Short Sale - A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed. If the unpaid balance of a loan is, say, $100,000 and a property sells for $90,000, under a short sale the lender might accept $90,000 as payment in full.
You have probably been swarmed by investors calling you and knocking on your door. If not yet, you soon will be. A word of caution, some investors are very aggressive and unethical. Some investors will tell you that " you only have one or two weeks before the auction and your furniture and possessions will be placed on the sidewalk or street." This scare tactic is usually accompanied by a ridiculously low offer.
The fact is you have several months before that could happen, but this is not a time to sit back and relax but pursue one of the options available to you that makes the most sense for you and your family. Don't be rushed or scared into giving up your hard-earned equity.
Option # 9: Let your home be sold on the court house steps - By far, the worst option available to you! Many people say " I have no equity, let the bank take it", but homes that are sold on the courthouse steps typically sell between %50 and %70 of their fair market value. Moreover, if a bank suffers a loss due to the pending foreclosure action against you, they also have an option. They can file a deficiency judgment against you and pursue you for the amount of their loss.
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Dear George,
We just wanted you to know that we think you did a fantastic job of helping us buy our Scottsdale home. We could not be more pleased. What impressed us the most is your professionalism, responsiveness, class, and impressive ability to keep things on an even keel. We are also very grateful for your offer to help us should we need a little help before our move. If anyone ever asks us for a recommendation on a realtor in Scottsdale, we will recommend you without hesitation. Please share this with The Pepper Group! We hope we will be able to stay in touch in the future.
Best regards,
Jack & Jane
Your website Rocks Too http://www.scottsdalerealestate-az.com
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