Are you an investor that is looking to buy a foreclosure in the Phoenix area? I've seen my share of foreclosed properties in the Phoenix area and surrounding cities and towns! They come in all shapes, sizes and conditions!
I've sold foreclosures to investors from Canadian investors, Washington state, Arizona investors and around the country! It can be a great experience if you are willing to wait it out, place many offers and be willing do some handyman work or have some licensed contractor do it for you!
There is no question that in Arizona, the second largest foreclosure numbers in the real estate market there is a home waiting for you to stake your claim.
Even if you are beginning to trek that path and looking to become a small investor of a few properties in 2009, then now is a great time to take on the investor dream!
If you are paying cash, fantastic! If you are looking to finance, then perhaps it's your lucky day! There is a new Fannie Mae loan program available for those looking to purchase a Fannie Mae foreclosed property that needs renovation!
It works like this:
Fannie Mae has a great loan program designed just for this situation that is a close cousin to the Fannie Mae HomePath mortgage program but designed just for investors.
It is called the Fannie Mae HomeStyle Renovation Mortgage program.
The HomeStyle Renovation mortgage program allows borrowers to combine the cost of the home with the costs for renovation or remodeling.
At closing, all funds for renovation will be escrowed in an interest-bearing account. After all renovation work is complete, any remaining funds in teh escrow account will be used to pay down the principal balance of the mortgage.
Fannie Mae HomeStyle Renovation Mortgage Highlights:
HomeStyle Renovation Mortgage: More Information
Borrowers can basically do any repairs / renovation to the home that they want as long as the appraisal supports the value, the improvements are common for the area (pools, for example), the repairs can be completed within six months, and the repairs do not exceed 50% of the after imporoved appraised value.
The only types of repair that I would not recommend under the HomeStyle Renovation mortgage program are water damage, mold, and any structural repairs to the foundation and/or load bearing walls. These types of repairs have a tendency to escalate into much larger projects once the builder does the demo and determines what the actual repairs are needed to fix the damage to the property.
Have more questions about the HomeStyle Renovation mortgage? Call Justin McHood with Arizona Mortgage Team or email him at Contact@ArizonaMortgageTeam.com if you are looking to invest in the best place in the west! Once we get your financing set, call me and I can set you up on a personal website with all foreclosures in the Phoenix area that fit your criteria! My clients love it and they know as soon as the foreclosures hit the Phoenix real estate market!
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| HomeSmart Real Estate CRobinson@HSmove.com  Twitter: AzRealEstate  FaceBook: Candace Robinson |  |
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Val Vista Lakes is an award winning, master planned community where arriving home is like taking a vacation from the stress of daily life. If living the lake lifestyle is your goal, Val Vista Lakes is a premiere community in Gilbert, Arizona with something to offer all ages.
Val Vista Lakes offers twenty-four residential subdivisions, several of which are custom gated communities, offering both lakefront homes and off-lake homes, “Blue Ribbon” school districts, also included within the master association are a variety of commercial businesses, that consist of restaurants, grocery stores, medical facilities, pre-schools, retail clothing, insurance agencies, banking facilities and automotive needs, just to name a few of the conveniences right in your own neighborhood.
Val Vista Lakes is more than just a great master-planned community. With a nine hundred acre "water-wonderland" consists of four spacious sports parks, meandering bicycle paths, and a luxurious clubhouse. The clubhouse features an eight-court championship tennis complex, indoor racquetball courts, cardio and weight training facilities, junior Olympic swimming pool and spa, banquet and meeting rooms, waterfalls and a tropical lagoon swimming pool with a sandy beach.
Located just south of the US 60 Interstate in the heart of Gilbert makes it super convenient to locate yourself anywhere in the Valley of the Sun in no time.
| Phoenix Foreclosure in the Valley of the Sun fell in March, but some communities have been hit harder than others. It appears the federal housing plan is beginning to help more Phoenix-area homeowners avoid foreclosure. However, there is always someone wanting to take advantage of those while they are down! Yep, those con-artist, scammers that look to trick you or take your money! Don't let that happen if you are looking at foreclosure! There is help and the Government is jumping on board!
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Having trouble keeping up with your mortgage payments? Are you facing foreclosure?It appears that Foreclosure Scams are on the rise and the government goes to Hollywood by putting ads at the movie theaters near you! You should start seeing more and more ads hit the theater by early April.
Watch an ad below put out by the Federal Reserve's campaign to stomp out Foreclosure Scams (be patient with the advertisement that takes about 8 seconds prior).
I've not seen the spiffy new ad but not the least bit surprised that everyone is cracking down on those trying to take advantage of someone else's misfortune. If you are facing foreclosure then be sure you take some time to seek out some help by those that truly want to help and not those that have their eyes on your wallet! I've put together a list of tips to help you Arizona Foreclosure Scams and Spamson my blog where you can find other resources such as Short Sale Options in Arizona and a lot of options if you are looking to buy a foreclosure in the Phoenix area. |
If you are looking for things to do in Gilbert this weekend for the kids during spring break, head on over to Gilbert's new mall, SanTan Village. Macy's department store is having their official grand opening March 19 - 21, 2009.
Join in the three day fun filled celebration. If you haven't made your way to the SanTan Village Westcor mall on Williams Field Rd and SanTan Village Parkway (Greenfield Rd) then you really should treat yourself.
View List of Stores at SanTan Village Mall in Gilbert
The outdoor environment is pretty awesome this time of year. A must have cookie from my favorite hangout that also is my home away from home office, Paradise Bakery is conveniently up front and has easy access at the west side of the mall.
Thursday, March 19th* will be the Community Shopping Day at Macy's. Buy a $10 ticket at any store entrance and you'll instantly get $10 off one purchase of $25 or more. You can also save 20% on almost every purchase you make! Ticket sales proceeds go directly to local charities. Nothing like shopping where you live and helping out local Gilbert charities. Oh-- don't forget to register for your chance to win $500 Macy's shopping spree! Someone has to win, why not you!
Friday, March 20th* will be Macy's official Grand Opening ceremony with a ribbon-cutting scheduled at 9:45am. If you are one of the first 500 people in the doors that morning you will receive a $10 Macy's gift card, not bad with everyone cutting back these days. I know what I can get half off in the cosmetic counter. You might want to stick around for the fashion and cooking events, musical entertainment, activities for the kids, fashion makeovers and more chances to win prizes.
Saturday, March 21st* with be set aside for Family Day. Make it a family day with the kids for kid friendly events. The first 150 people the spend $100 or more will get to pick up a few Culture Pass in the Kids department. It's good for admission for four people to more than twelve cultural venues through the Phoenix area.
This time of year the flower beds and cool breeze through the outdoor walkways makes this even a great excuse to load up the kids and treat them to the outside kids zone.
One thought would be to live and shop in our community not only for the benefits of the revenue but to also help with the local charities! Hope you enjoy your visit.
The City of Phoenix will begin offering home buyers thousands of dollars toward the purchase of a foreclosed home. If you are a home buyer searching for a foreclosed single family home, townhouse or condominium within the Phoenix city limits then you could qualify for a new program that will award home buyers $15,000 dollars.
One of the criteria's is to be able to qualify and be deemed creditworthy by FHA (Federal Housing Administration). Potential buyers must also complete a mandatory eight hour counseling session on home ownership.
There are a few catches currently known, one is that home buyers have to repay the full amount of the loan if they ever sell the home or refinance. The second catch is that there are two informational meetings about the new program that will be held this Monday, March 16, 2009 at the Phoenix City Council Chambers at 200 W Jefferson St. The two meetings will be at 2:00 p.m. and 5:30 p.m.
Some questions are left unanswered like can you buy a second home, investment home? All the answers no doubt will be answered if you attend the meetings. If you are searching for a foreclosure within the City of Phoenix and would like more information about this program, stay tuned as I find out more information as it becomes available.
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HomeSmart Difference - The Smart Move! How Much is Your Home Worth? How Much Can You Afford? Serving Gilbert, Mesa, Chandler, Ocotillo, Tempe, Phoenix, Scottsdale and more... AZ REALTOR®
Representing Buyers and Sellers Valley Wide
Welcome to your virtual Arizona directory. I'm Candace Robinson, an Arizona Licensed Real Estate agent with HomeSmart Internation Real Estate in Phoenix metro area. As a member of our local Arizona Association of REALTORS® and the National Association of REALTORS®. I work with both Buyers and Sellers serving the East Valley and surrounding areas including Gilbert Real Estate, Chandler Real Estate, Tempe Real Estate, Mesa Real Estate, Fountain Hills Real Estate, Apache Junction Real Estate, Scottsdale Real Estate, Cave Creek Real Estate, Phoenix Real Estate, Queen Creek Real Estate, Casa Grande Real Estate, Maricopa Real Estate, Ahwatukee Homes and more.
Providing a full range of real estate services HomeSmart is the smart move for all your real estate needs. If you are looking into buying or selling a home in the Phoenix metropolitan area, hire a REALTOR® like myself, who wants to win your business and trust. I will be honored to share with you an educated idea of what your home's value is based on experience, local knowledge, and comparable actual sales in your neighborhood! To get a FREE no-obligation Home Evaluation specific to your needs be sure to contact me. If you have any general questions about buying or selling real estate with my HomeSmart marketing plan please don't hesitate to contact me.
Gilbert is one of the fastest growing municipalities in the nation. And for good reason! For those seeking a dynamic, community minded environment, Gilbert has it all, delivering a contemporary suburban lifestyle bordered by the urban resources of the adjacent Phoenix.
Gilbert offers excellent freeway access. US-60 runs along the northern border of the Town, connecting to the other cities in the East Valley. The San Tan freeway runs directly through Gilbert from US-60 south, and west to the Interstate 10. Gilbert is only about 15 minutes from Phoenix Sky Harbor International Airport.
Gilbert, Arizona has successfully maintained its small town feel and you will find the sense of community is focused on raising a family, quality education, plentiful leisure activities, and a fantastic business core. It is an excellent reference for businesses and residents alike. Gilbert was ranked #22 as the safest cities in US in 2006.
Gilbert and surrounding communities include parks, equestrian trails, golf courses, tennis courts, fishing, boating. Whatever your choice of lifestyle, Gilbert offers an excellent quality of life!
Town of Gilbert
Population by year
1950
1,833
1960
1,971
1970
5,717
1980
16,920
1990
29,122
2000
109,697
2005
173,989
2006
191,517
Gilbert is centrally located in Arizona and was incorporated on July 6, 1920. In 1902, the Arizona Eastern Railway asked for donations of right of way in order to establish a rail line between Phoenix and Florence. A rail siding was established on property owned by William "Bobby" Gilbert. The siding, and the town that sprung up around it, eventually became known as Gilbert. Gilbert was a prime farming community, fueled by the construction of the Roosevelt Dam and the Eastern and Consolidated Canals in 1911. It remained an agriculture town for many years, and was known as the "Hay Capital of the World" until the late 1920s. Gilbert began to take its current shape during the 1970s when the Town Council approved a strip annexation that encompassed 53 square miles of county land. Although the population was only 5,717 in 1970 the Council realized that Gilbert would eventually grow and develop much like the neighboring communities of Tempe, Mesa, and Chandler. In the last two decades, Gilbert has grown at a pace unparalleled by most communities in the United States, increasing in population from 29,122 in 1990 to over 191,000 in 2006.
I moved to Arizona in November of 1974 and have lived in the Gilbert/Mesa area ever since. I built my first home in Gilbert in 1987. I raised my three children in Gilbert and found this a very exciting place for all walks of life. The Gilbert School District was my main motivation to move from Mesa where my parents lived to Gilbert. Our first home was built by a local contractor, ALC Builders. I currently still live in Gilbert, Arizona and find this a fantastic place to raise your family, own your own business and be centrally located to so many wonderful restaurants, shopping malls, parks, and recreational activities. Enjoy yourself in Gilbert, Arizona!
Nearest cities:
Mesa, AZ (4.7 miles ), Chandler, AZ (7.7 miles ), Queen Creek, AZ (10.9 miles ), Salt River, AZ (11.5 miles ), Sun Lakes, AZ (11.6 miles ), Tempe, AZ (11.8 miles ), Santan, AZ (13.6 miles ), Guadalupe, AZ (13.8 miles ).
Southeast Regional Library Located on a 127-acre site, the Southeast Regional Library not only offers books, videos, CDs and access to the web, visitors also have spectacular views of the Riparian Preserve at Water Ranch
The 110-acre Riparian Preserve at Water Ranch is located at 2757 E. Guadalupe Road east of Greenfield Road, next to the Southeast Regional Library in Gilbert, Arizona. At the Riparian Preserve over 200 species of birds can be seen throughout the year. There are 4.5 miles of walking trails, and fishing at the recreation lake at Water Ranch. This unique area was designed to utilize recycled water to create community wetland wildlife sanctuaries for recreation, education, and research. The Riparian Institute also offers programs and classes to the public, like birds walks, kids camps and programs, and public viewings at the new observatory. Download Map
Heritage District An officially recognized and established historic area, the Heritage District marks the original Gilbert town site and is still the historic center of the community. The Heritage District includes one-of-a-kind restaurants, shops and offices.
The Hale Centre Theatre has a legendary heritage as the longest continuously running, privately owned and operated theater company in America. You can find it now in the Heritage District in downtown Gilbert, presenting a variety of theatrical performances.
Gilbert Town Square, an urban village created by Triple Five Arizona Development, features a 14-screen megaplex theater, retail shops and restaurants.
Gilbert Days November marks Gilbert Days, a unique, three-day celebration that marks the paving of Gilbert Road through downtown. Gilbert Days provides fun-filled activities for the entire family including the Gilbert Days 5K Run and 1 Mile Fun Run, a parade through downtown, and IPRA Rodeo action and carnival that takes places at Gilbert Rodeo Park.
Gilbert Historical Society Museum The town's history has been captured in the Gilbert Historical Society Museum. Located in a building that was once the original Town School at 10 S. Gilbert Road.
Freestone Skate Park From the novice in-line skater to the extreme skateboarder, Gilbert's 22,000 sq. ft. skate park offers features that accommodate all skill levels. The skate park located in Freestone Park offers free, non-supervised skating to visitors.
Freestone Park Gilbert's flagship park truly is a wonderful place to visit and play. Freestone Park features ball fields, sport courts, a train, batting cage concession, playgrounds and picnic ramadas for visitors to enjoy. Located at the park you will also find and amphitheatre, Gilbert's Skate Park and the Freestone Recreation Center.
Crossroads Dog Park This dog park is on the west side of Greenfield Road, south of Warner Road. The dog park hours are 6 a.m.- 10 p.m., seven days per week. 2155 E. Knox Road.
Cosmo Park is located at the northeast corner of Ray Road and the Santan Loop 202 in Gilbert. Hours are 6 a.m. to 10 p.m. The park features a lighted fenced dog park.
SPORTS & RECREATION Outdoor recreation abounds in the area. Among the offerings are:
The largest non-government employers in the Town of Gilbert and surrounding area:
References:
Schools in Gilbert and surrounding areas:
Gilbert school information (with maps)
Colleges/universities with over 2000 students nearest to Gilbert:
CHANDLER/GILBERT COMMUNITY COLLEGE (about 6 miles; CHANDLER, AZ)
MESA COMMUNITY COLLEGE (about 9 miles; MESA, AZ)
SCOTTSDALE COMMUNITY COLLEGE (about 12 miles; SCOTTSDALE)
RIO SALADO COMMUNITY COLLEGE (about 13 miles; TEMPE, AZ)
AL COLLINS GRAPHIC DESIGN SCHOOL LTD (about 13 miles; TEMPE)
ARIZONA STATE UNIVERSITY-MAIN CAMPUS (about 14 miles; TEMPE, AZ)
UNIVERSITY OF PHOENIX-PHOENIX CAMPUS (about 19 miles; PHOENIX, AZ)
Public high schools in Gilbert:
MESQUITE HIGH SCHOOL (Students: 3,034; Location: 500 S MCQUEEN RD; Grades: 09 - 12)
GILBERT HIGH SCHOOL (Students: 2,996; Location: 1101 EAST ELLIOT RD.; Grades: 09 - 12)
HIGHLAND HIGH SCHOOL (Students: 2,347; Location: 4301 EAST GUADALUPE ROAD; Grades: 09 - 12)
HIGLEY HIGH SCHOOL (Students: 1,126; Location: 4068 EAST PECOS ROAD; Grades: 09 - 12)
DESERT HILLS HIGH SCHOOL (Students: 384; Location: 1515 S. VAL VISTA DR.; Grades: 09 - 12)
GILBERT LEARNING CENTER (Students: 197; Location: 140 S. GILBERT RD.; Grades: 07 - 12)
GILBERT NIGHT SCHOOL (Students: 65; Location: 140 S. GILBERT RD.; Grades: 09 - 12)
WILLIAMS HIGH SCHOOL (Scheduled to Open 2007)
Biggest public primary/middle schools in Gilbert:
EVIT GILBERT (Students: 2,128; Location: 140 S GILBERT ROAD; Grades: UG - UG)
GREENFIELD JUNIOR HIGH SCHOOL (Students: 1,472; Location: 101 SOUTH GREENFIELD ROAD; Grades: 07 - 08)
SAN TAN ELEMENTARY (Students: 1,185; Location: 3443 E. CALISTOGA; Grades: PK - 08)
EDU-PRIZE (Students: 1,128; Location: 580 W. MELODY AVE.; Grades: KG - 08)
MESQUITE JR HIGH SCHOOL (Students: 1,034; Location: 140 SOUTH GILBERT ROAD; Grades: 07 - 08)
GILBERT JUNIOR HIGH SCHOOL (Students: 1,002; Location: 1016 N. BURK; Grades: 07 - 08)
FINLEY FARMS ELEMENTARY (Students: 989; Location: 375 S. COLUMBUS DRIVE; Grades: KG - 06)
CAROL RAE RANCH ELEMENTARY (Students: 968; Location: 3777 E. HOUSTON AVE; Grades: PK - 06)
GILBERT ELEMENTARY SCHOOL (Students: 950; Location: 175 W. ELLIOTT; Grades: PK - 06)
SETTLERS POINT ELEMENTARY (Students: 900; Location: 423 E. SETTLER'S POINT DRIVE; Grades: KG - 06)
Private primary/middle schools in Gilbert:
LA PETITE ACADEMY (Students: 308; Location: 700 S. ISLAND DRIVE WEST; Grades: PK - 4)
CHRISTS GREENFIELD LUTHERAN SC (Students: 280; Location: 425 N GREENFIELD RD; Grades: PK - 6)
HERITAGE CHRISTIAN ACADEMY (Students: 375; Location: 919 E GUADALUPE ROAD; Grades: K2-8th)
SURREY GARDEN CHRISTIAN SCHOOL (Students: 100; Location: 450 E PARK AVE; Grades: KG - 9)
HomeSmart...the Smart Move
Free Market Analysis - NO Obligation!
The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price I will provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood.
To provide a more detailed Comparative Market Analysis, I would be more than happy to also assess your listing in person. Feel free to contact me for your NO obligation analysis today!
Not sure which neighborhood is right for you? Need information about Gilbert schools, employers, local taxes and financing? Whether you are relocating for a new job, for family, or to retire, I can help make your move successful and stress free.
Contact me for all of your relocation needs including:
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