I'm working with a group of people who are helping investors leverage their financial holdings through the purchase of low priced Arizona properties that they can:
Our typical purchase routes are:
Buyers may purchase through these methods:
We search for properties that are valued anywhere from 30 to 70% below market so that investors may be able to enjoy a healthy equity position.
If you'd like to know more, please contact me, Chuck Willman at 480.292.0600 or chuck@AZvest.com
I spent a couple of my High School Years in north Texas. The official name of the city is Burkburnett- the pet name was "Boomtown". This moniker stemmed from the oil boom of the early 1900's.
I suppose you could lend the Boomtown name to any city with explosive growth.
At least that's what Business Week has done.
In their Article, "America's Biggest Boomtowns", they've made a case for the towns and cities across America that have attracted an ever increasing quantity of newcomers. These cities were evaluated for a number of statistics dating to the new century.
Listed fifth is Queen Creek, Arizona.
Among the items of note are:
Life in "the QC" has become a bit less rural. There are movieplexes, equestrian facilities, and large shopping developments. Most importantly, Queen Creek is very affordable.
It's one of the few place that still has a variety of new homes in an extremely affordable price range. For example, here's a new listing:
New Home:
Base Price: $112,290
Upgrades: $15,960
Total Price: $128,250
Discount: $23,531
Current Price: $104,719
Builder will offer 3% to cover closing costs.
Here's the best part- first time home buyers may qualify for rural housing loans- which will pay the downpayment. In other words, it's possible to have a total move-in cost of $500.
Welcome to the Boomtown. Stay a while- make yourself at home.
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Chuck Willman is an Arizona based real estate agent. 480.292.0600 - www.AZvest.com
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Boomtown lettering created with "Spell with Flickr"
In cities where foreclosures are on the increase you'll find agents clamoring to become an REO listing agent.
They envision the possibilities: Offers galore and multiple pendings.
However, how does one break into the business?
The reality is this: There are very few agents handling the vast majority of bank owned listings.
And their responsibility is not completely rosy.
Among the issues these agents face are these:
I realize many agents may see the above list and say, "I'll gladly accept that challenge. Sign me up."
Around the country, especially in the high-foreclosure cities, there's a rumor mill. The rumor is this:
"Pre-approved short sales are on the way."
Currently agents will short sale a home if the owner owes more than the home is worth and is unable to keep up with the payments. Market forces dictate this. If the house meets the criteria, the agent and seller fill out the required paperwork, list the property and forward offers to the lender. The lender, if motivated, will send someone to do some due diligence. This third party will let the bank know their opinion about the home's value.
This process is cumbersome.
The longer the bank waits, the more likely the buyer will lose interest or the home could lose value.
In short- the short sale system is broken.
Banks are searching for a better way.
In my opinion (and I'm not alone) it would be better for the bank to decide a price. Then the listing can be treated much like a bank owned property. The buyer will have a better chance of purchasing the home if there are more clear indications from the selling party.
If, or when, banks decide to move to pre-approved short sales, the market should be one step closer to equilibrium. Home values will be easier to predict and fewer homes will go to foreclosure.
It's baffling to me why the banks haven't already gone ahead with this plan.
Who wins?
Who loses?
What's your opinion?
Are we inching toward pre-approved short sales?
Are you for or against it?
I have nothing against the mega-lister... as long as they are able to shoulder the load in a professional manner.
However, I feel we'd all be better off if the short sales process were fine-tuned.
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Chuck Willman is an Arizona based real estate agent specializing in bargain properties. www.AZvest.com.
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Photo Credit: Tyranosaur by Sophie
Sometimes a town's best kept secrets are freely available on official websites.
Hopefully this won't be the case with Gilbert's free Small Business Tax Workshop.
According to the Gilbert Chamber of Commerce website, Jim Traub of SCORE will be discussing tax strategies that could help lower liability and increase capital. As Kathy Langdon, CEO of the Gilbert Chamber, “Given the times, every legitimate deduction they can find to increase their operating funds is helpful.”
Here are the details:
Date: Thursday, February 19th
Time: 7:30 a.m. to 8:30 a.m.
Location: Gilbert Champer of Commerce
119 North Gilbert Road, Ste 101
Gilbert, AZ 85299
Cost: Free!
Note: Seating is limited to the first 25 persons. Call (480) 892-0056 to reserve a seat.
This will be a great opportunity for those who wish to find ways to improve their tax strategies.
I while ago I wrote about going back to school.
It wasn't something I had hoped to do... after all I earned a degree many years ago.
My daughter signed me up for a class at the local community college.
I blogged about the experience here: I took my daughter to school.
Well, one of my assignments was entered into a contest.
It's a story I reluctantly shared here: There is a bridge.
I just received a letter informing me that I won second place in the personal essay category.
Entries came from a variety of universities in the Maricopa County Community College system.
This is a collection of ten Arizona universities with over 250,000 enrolled students.
Wow... that's somewhat awesome... but I'm guessing only a very small fraction were in the contest.
They're planning a banquet and we'll be reading our entries.
Plus, it seems, I'll be coming into some money.
Not a whole lot- but hey... I'm now a professional writer!
I know...
it's a stretch.
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When not competing for "oldest student in the classroom", Chuck Willman performs real estate in Arizona.
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Photo Credit: "Medal 2" by Pontus Edenberg
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Buyer's agent & Listings Pro. Specialties: investors, first time buyers & international clients in the Phoenix Metro area including: Gilbert, Mesa, Scottsdale, Tempe, Chandler, Queen Creek.
Here's the shortened version:
I specialize in finding homes and properties for those interested Arizona's valley of the sun.
For those who are interested in credentials: I'm a college graduate, a licensed Real Estate Agent, a member of SEVRAR and AAR. I'm an accredited buyer's agent who has helped many people locally- as well as those from out of state and other nations find property in Arizona. Along with the ABR designation I'm also a member of the International Consortium of Real Estate Associations (ICREA)- having earned the TRC (Transnational Referral Certified) designation. I've received the Hyland Bay New Home Sales Training and consistently attend more classes than is required by the state licensing board. Ever curious- I consider education to be an unending pursuit. If there is something I don't know, you can be certain that I will endeavor to acquire the knowledge and expertise necessary.
Unlike many agents who simply do a database search, I make it may duty to find the hidden gems in the market. I wake up each day with the goal to discover these properties for my clients.
I'm a multi-million dollar producer whose specialty is finding the properties that others may not have discovered. I also work with a network of individuals who have "unlisted" properties.
Also, do you need an agent who speaks Spanish? Look no further, I'm fluent.
Please feel free to contact me for any of your real estate needs. How to contact me:
By Phone: 480-292-0600 Mobile2812 N. Norwalk #101, Mesa, AZ 85215
Affiliations and Designations:
I was born in Illinois to a father who worked the family farm before becoming an Air Force officer. Life as a military child offered me the opportunity to see the country with my six siblings. I've lived in every region of the country- rarely living in any one place longer than three years. I've had over 40 addresses and have lived in or visited several countries. I also speak fluent Spanish.
Arizona has been my home since 1982. My wife and I have bought, rented and built homes in Tempe, Phoenix, Gilbert and Mesa. I have a degree in International Relations and received training from ASU in their masters of business program- specializing in business marketing.
I have a background in international business and have founded the following networks: AZVest, Calivest, MexiVest, UTVest and TXVest. Each of these entities are smaller networks affiliated with his larger business entity: USAVest; which is a network, whose principle function is to serve as a conduit for the dissemination of opportunities for investment minded individuals in the United States and Latin America.
Prior to making real estate my full time living, I spent several years as a financial officer, director of marketing, and director of international sales and chief information officer for companies in the telecommunications and entertainment industries.
Most of my time is spent in real estate. I'm an Accredited Buyer's Representative and have also earned my Transcontinental Referral Certification. This offers me an avenue to properties locally, nationally and the world abroad.
I'm also an educator. I've consulted with small groups and addressed audiences numbering in the hundreds. Among the topics I've addressed in the past year include:
I work in conjunction with my fellow agents at Gentry Realty... where we take an analytical approach to real estate. I feel it is important that individuals assess properties for their income producing potential and future value. I have applied my skills in real estate transactions from single family homes to raw land and subdivisions.
I'm the father of six (five daughters and one son) and a grandfather of one. We've planted roots in Arizona and would love to show you what this great state has to offer.
Here's my contact information:
Chuck Willman
Phone: 480.292.0600
Fax: 602.532.7830
Web: www.NewHomesAZ.com
Testimonials:
"We were amazed that you were able to find the absolute perfect home. We'd searched on our own for ages but were unable to discover the right property. We're so glad you listened to our needs and quickly exceeded our expectations. This home is perfect for our expanding family!"
Laura & Jaime
"Chuck- you're a life saver! My boss told me that you're amazing and I see that he wasn't kidding me. I never would have believed that you could find a house that was 'just right' but you did!"
Daniel
"Thanks for all you did. The investment properties are all fully rented and cash-flowing. I appreciate your assistance. I feel like I'm on my way to meeting my financial goals. You'll be hearing from me soon. I'm almost ready to look for another property."
Amber & Tony
"I want to thank you for the time you spent with us. From helping us to find a loan to explaining what we needed to do to qualify for the house- it was all too much for us to know. Your help means we could find a great place to live. Also- your Spanish is so good- it helped that you could communicate with us."
Elsa & Alonso
"Our group was very impressed with your knowledge of the industry and the current nuances of the market. Your presentation 'hit the nail on the head' for many of our investors. Normally people tend to 'sell' their companies or pet projects. You, however, made a point to educate- and you did so in an entertaining way. We'd love to have you address our group again whenever you can make room in your schedule. Thanks again!"
Edward
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