I have been fortunate enough to represent BLB Resouces and HUD as a listing agent. BLB Resources selected me as a Local Listing Broker. BLB has changed the face of HUD homes and is enlisting market sauvy Realtors to promote their listings throughout their marketing areas. This being said I am in deperate need of more buyer's agents. My company is centrally located in the west valley, off Estrella Parkway and the 10 freeway. I have a state of the art office, and the best commission structures you can find. I you are a working agent that will come to work on a regular basis I have a desk and leads for you. BLB is requiring an agressive marketing program and with this I am positioned, and funding a huge marketing campaign to bring in leads. Please call me if you have interest. Thank you.
Over the last 3 weeks inventory has flown off the MLS. The West Valley market is moving at very rapid rates. New listings in good condition are getting 3 to 10 offers within 3 days on the market. The last 2 auction house events have shown pricing very close to list price on MLS with the 5% premiums these auction house events charge buyer's are paying retail. The court house steps have found hundreds of new buyers with donzens of buyers wanting the good inventory. I don't know how long this trend will last but in the next 6 to 12 months I am very confident prices will be very stable, and list pricing will see 10 to 20% increase on the homes at the 50 to 60 k range with at least 10% increases to 150k
My team at Realty World Superstars specializes in finding great deals in Buckeye, Avondale, Surprise, Tonopah, Glendale and Goodyear Arizona. Arizona.
To search for your next Home or Real Estate Investment in Buckeye, Avondale, Surprise, Tonopah, Glendale or Goodyear Arizona use our Home Search http://www.arthurwelch.com/
For Short Sale and Foreclose answers in Arizona call me staff at 623-882-8882 or check out http://hosted.cdpe.com/NoHasselShortSale for Short Sale Answers.
This is a great question, and it really depends on many factors.
1. Are you truly a candidate for a short sale.
You might want to sell because your home is upside down but if you can afford your home. ie your payment is less than 32% of your take home you won't qualify.
2. If you are a candiated you must be willing to provide documentation of your fiances
Sometimes provide updated documents as the process goes. This is very simple and if you just think of it as another step you will get through it, if you fight the system the system won't work for you.
3. Have a qualified agent that knows what to ask and gather from you.
4. Consult an attorney, usually one that specializes in loan modification and short sales, and not one that specializes in bankruptcy. I have found many of my clients that seek advise from a bankruptcy attorney usually go that way, the real purpose of a short sale is to preserve your credit and reestablish your credit worthiness asap, bankrutcy defeats this purpose.
5. Keep your home clean and available to show, keep up you property insurance this is the most important, and keep up your HOA fees. No matter what happens the HOA usually never goes away, they will go after you personally.
If marketed correctly and processed efficiently your short sale should take 45 days to sell and 60 days to close best case, and 90 days if you are working with a difficult bank.
I specialize in the Maricopa County, San Diego County and Orange County areas.
Our goal is helping our clients achieve their objective in real estate. My team at Realty World Superstars specializes in finding great deals in Buckeye, Avondale, Surprise, Tonopah, Glendale and Goodyear Arizona. Arizona. Home Search http://www.arthurwelch.com/ Short Sale Answers http://hosted.cdpe.com/NoHasselShortSale
Market activity for this Thanksgiving weekend was up the contracts, and buyer's agent calls. Lead activity is up for buyers. I am in need of more agents to help with buyer leads and our new short sale program. Just closed escrow on 4 this week including one in San Diego. We are looking at 2 investment properties now for personal purchase. If you know an agent looking for more business in the West Valley please have them call me. Lenders seem to be really strict on underwriting this month. They are asking for the most ridiculous items, for those buyer's out there hang tough and provide what you can to keep the loan process going. For those Loan Officers working for lenders that are relentless in asking for one more document before docs can be cut, beware, agents and buyers will go elsewhere. Best Lender this month, Mark Taylor, Awesomerates.com, Best home to sell, Fannie Mae rehab home, Hardest bank to work with on a short sale, Chase. Inventory is getting slim with more short sales than bank owned. The auctions are producing fewer sales also.
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