Daniel McCarthy

Walk-In Real Estate. OPEN 7 DAYS A WEEK

Walk-In Real Estate is currently in 1 Wal-Mart and scheduled to be in 4 Wal-Mart's by 02/01/2010.
www.walk-inrealestate.com

Walk-In Real Estate Inc. DBA Walk-In Real Estate, Established 2008.

Walk-In Real Estate was established with the sole intent to provide an extraordinary real estate experience for the real estate buyer and real estate seller. Walk-In Real Estate welcomes any questions, comments and/or concerns. Walk-In Real Estate head quarters are located in Peoria, Arizona.

Due to the rapid growth of Walk-In Real Estate there have been many questions surrounding the owner's intentions and business philosophy; both are welcomed and explained thoroughly below.

Why was Walk-In Real Estate established?
Due to the foresight of future market trends and after many hours of planning, the conception of Walk-In Real Estate was brought to life. Walk-In Real Estate was established to provide a different real estate experience; an experience, only we could provide.

What makes Walk-In Real Estate so different?
The golden rule in real estate is location, location, location; what differentiates us so is location, location, and location. Our company headquarters are based out of Wal-Mart (Store #1533) and we made this move for many reasons. First it holds us accountable. We are inside an office, inside Wal-Mart (Store #1533) for a mandatory 65 hours a week. That means two things: If you are selling a home and we put it on the market for you, you have access to us 7 days a week, and practically all day every day. Normally a real estate agent has the luxury of signing a long term contract with you, and by the time you remember the agents name you can't get a hold of them again. With Walk-In Real Estate at any point you can just Walk-In and see us. Secondly if you are buying a home you have the ability to sit with your agent and view the market on your time, and you can always reach your agent. Availability is the key.

CALL TODAY WITH QUESTIONS 623-628-7372

Walk-In Real Estate Inc. also known as Walk-In Real Estate or Walk in real estate.

Phoenix Arizona MLS

To view our MLS feed please visit: http://www.walkinrealestate.com

I am going to take just a minute to explain something to consumers that I think will clear up a lot of confusion. When you decide you want to buy a house, you go through the normal steps (Get pre-qualified, search for homes on the Internet, etc...). Then you will ask; how do I see all the homes for sale? Is it safe to assume I can see everything on the real estate market on my computer? The answer to these questions is the Phoenix Arizona MLS. If you are searching for homes in Phoenix Arizona most real estate agents subscribe to ARMLS (Arizona Regional Multiple Listing Service), or MLS. This is a computer database that allows real estate agents to market homes they have for sale to other real estate agents. Well the good news is most real estate agents (like me www.walkinrealestate.com) allow consumers to search the Phoenix Arizona MLS in the comfort of their own home on the Realtors Website.

Normal questions I hear:

Does the MLS on your website show just your properties, or every agent's property for sale?
The MLS shows every real estate agents property that subscribes to ARMLS for the most part. Most full time active real estate agent subscribes to MLS. There are some brokers that do not allow their homes to show on consumer MLS feeds, which you can see, but that's why you should have a realtor. In most cases you are safe to say you are seeing the entire market on your MLS feed that you are using.

Should I pay for the MLS?
No you should not pay to view the MLS.

Do foreclosures show on the MLS?
Yes, when a bank decides to use a Real estate agent the agent must submit the MLS sheet showing proof the agent has put it on MLS. It is in every seller's best interest to utilize the MLS.

Does the MLS show Pre-Foreclosures?
Yes, if the property is for sale, listed by a Realtor that subscribes to MLS.

What is a Plano or listing?
They are one in the same. Plano and listing is the terminology used by real estate agents to describe the information sheet for an individual home.

If it says active on the MLS does it mean I can buy it?
Good question. Yes and no. The information on the MLS is only as good as the real estate agent that enters it into the system. So in the event that a Realtor has not updated that a house has sold, and you look at the home without making contact with the Listing agent first, you may be falling in love with something you can't have. Get where I am going with this? Do not assume because it says active you can get, call your Realtor and have them pre-screen your homes.

Can I still buy a home if it says Pending?
Usually not, you can submit a back up offer to the seller, but once it is pending it is in escrow to sell. You should keep your eyes on the home to see if it falls out of escrow. In that case it should also say back on the market.

I hope this little bit of information helps home buyers. It is a great system that has recently changed so Realtors can now do many different things to help you buy a home. If you have any questions please call or email anytime.

More Questions. Answered about the Phoenix Arizona MLS Below.

Are there ways for my Realtor to set up a custom MLS Search.
Yes. Your Realtor can in fact set up a search that only shows you what you want to see. This is a great tool because instead of having to juggle around with a search function every time you want to view homes you can have a link sent to you that shows your detailed search.

Can I put my house for sale on the Phoenix Arizona MLS without using a Realtor.
The quick answer is no, but there are agencies out there that will only charge a fee to put your home on MLS and you do not have to actually pay them a commission. The MLS is used to network homes for sale so once again it is important to use it.

What if there is something that is not true on the Home for sale?
Good question. I have not seen many intentional mistakes on the MLS. But if you see something that is wrong you should contact your Realtor and let them know, out of courtesy they should let the listing agent know. If it is a violation it can be filed with the ARMLS. Remember mistakes happen, also agents do things sometimes that will seem misleading; like show a house active when it is not, but they are just waiting for addendum's to come back from the buyers in a lot of cases. TALK WITH A REALTOR!

A house is on the MLS but does not have a sign infront of it can I see the home?
Some agents do not put a sign up, and sometimes signs get stolen. In any event you should talk to your Realtor about seeing a home before even driving by it to ensure it is something you can buy. There is value to using a buyer agent even before you write an offer because they will help you pre-screen the homes.

Do I have to put my home on MLS to sell?
No that is totally up to you. It is a good idea though.

Can I call the Arizona Department of Real Estate about the MLS?
Well you can call anyone for anything but in this case it will not do you any good. The AZDRE (Arizona Department of Real Estate) has nothing to do with the Phoenix Arizona MLS. The MLS is a business that is accessible to Realtors. Realtors must go through a code of ethics classes and also have to agree to the code of ethics which helps protect the public when purchasing a home. Just because someone has their real estate license does not mean they are a Realtor.

Can I only search for investment homes on the MLS?
Every home is an investment, but if this is referring to investor properties you can do a search just looking for the criteria you are looking for.

Is the Phoenix MLS different from the rest of Maricopa county.
No. Maricopa county is very big, and Phoenix and the surrounding cities are all on one MLS.

Will I get a better deal by searching the MLS for free, going to a home for sale, calling the sign and writing an offer with the listing agent?
Common mistake! No a listing agent agrees with the seller for a certain amount of commission and it goes on the market with the total amount. The selling agent gets some and the buyer agent gets some. If you buy a house from the listing agent the commission goes to the selling agent unless he or she agrees to take less from the seller. But if you hear from the listing agent; I can save you money buy the house through me, what they are really saying is; I am going to sell this house to you for more money then if you had an agent and I am going to make more money too.

Does the Phoenix Arizona MLS play favoritism towards certain agents, like if you pay more you get better placement?
No, everyone pays the same fees and gets the same treatment. You should not worry about using the MLS is a great Tool.

Daniel McCarthy
Walk-In Real Estate
CEO/Realtor
P (623)776-2353
M (623)628-7372
F (623)321-1316

Phoenix Arizona MLS

It is the question I get asked everyday, how do I buy a bank owned foreclosed property. I honestly think I have seen it all now, believe it or not in phoenix we are starting now to see the desperate buyer. The beat up buyer, the tired buyer, the buyer that basically says "I am done looking for homes tell me what I have to do to just buy a house". They just cant make it easy can they.

The title of this blog is Phoenix Arizona bank owned homes for sale, because that's really what it is about right now. Where are the bank owned homes. I will tell you they are dwindling, that's right in the past month the number of foreclosures have gone down, and the number of buyers have gone up. Meaning if you want to see the homes for sale and get the best experience buying a home follow my repeated steps.

1.) Talk to a lender and/or round up your cash
2.) Interview a buyer agent
3.) Have the buyer agent find you homes and call them everyday, help them help you (I said it)
4.) Read everything very good
5.) Be prompt

What to look out for in bank addendum's.

Lately I have seen the banks screwing with the mortgage contingency and the inspection period more and more, be careful. Also watch out for highest and best situations they get ugly (offer what you are willing the pay with your first offer, at least right now in phoenix Arizona April 2009 it is the best way to get the house you want).

There is so much information to go over when buying a home right now just recognize that; be patient and most of all take notes, it is not the same market.

Call with questions

Daniel McCarthy
CEO/Realtor; Walk-In Real Estate
623-628-7372
dan@buy623.com

Arizona Investment Property.
Provided by Daniel McCarthy dan@buy623.com (623)628-7372

View Arizona investment property: www.buy623.com

Welcome Note: Partners for Success. For years real estate investors have experienced the luxury of high returns and investment security. Due to the recent real estate crash; home prices in Arizona have reached extreme lows. Now that the prices have once again reached income producing range, savvy investors who have patiently waited for this time are now entering the real estate arena again ready to make traditional exceptional returns. The increase in vacancy and the possibility of long term relationships with tenants is again peaking interest with real estate investors.

Are you tired of stock market instability? Are you looking for higher rate of returns?
Are you looking to invest in Arizona property?

Please take this time and examine the true benefits investors have relished in for years investing in the Arizona real estate market. If you have any questions about investing in real estate please call one of our staff members today.

Please understand the figures discussed in this article are deemed reliable but not guaranteed. This information provided can change at anytime due to market and economy changes.

Designing a plan!
"First we need to strategize how we can safely but most effectively leverage your funds"

Designing the most effective plan that fits your comfort level is the first step of many when investing in real estate. First we need to strategize how we can safely but most effectively leverage your funds. Please use the following guides as example:

15% down, 30 year mortgages, $100,000 Home price average, $1,000 Rent, $135 Management and expense cost per property

Invest Amount $60,000
Down Payments 15%
Down Payment Divided $15,000
Approx. Amount of Inventory Cost $100,000
Approx. Amount of Inventory 4
Approx. Amount Mortgaged $340,000
Monthly Payments (PITI 30 Year Mortgage)* $2,704
Monthly Expenses $540
Monthly Tenant Rent Combined 0% vacancy $4,000
Net Monthly Profit $756
Year Profit $9,072
Annual earning percentage 15%

Annual Appreciation!
Real estate is unpredictable due to reliability on our nation's economy. Appreciation is a bonus and should not a deciding factor in purchasing investment homes.

But....using an annual appreciation rate on real estate of 3% (based on opinion not fact) after only 1 calendar year of owning 4 properties your appreciated profit would be approximately: $12,000. Imagine the gains after 7 years!

*Based on 6.74573 % APR. All terms O.A.C. This is not a commitment to lend. Metro North Realty does not lend money. Based on $1,000.00 annual taxes. Based on $500.00 annual insurance.

Who is involved!

Building a partnership and a trusting relationship with all of the parties involved is important. Getting all the elements in place is going to determine when you can start making the moves, who does what?

Financing: Finding a lender to fund your investment is a very crucial step. The lender of your choice is going to need documentation and information that will allow them to fund your investments. You are entering into a partnership with the lender they are helping you gain and you are helping them gain. Ask the questions that are important about loan cost, down payments, interest rate and closing cost, to name a few.

Real estate agent: Our staff is committed to finding you the best homes for your investment. Knowing how to properly purchase and negotiate foreclosures, corporate owned homes, short sales, and owner occupied homes is just to start. Knowing the areas with the highest rate of return, school districts, rental rates, crime data, spec future return and knowing what people are looking for moving to Phoenix are all very important. Our realtors at the McCarthy Group are qualified to help you invest and know how to get the highest and safest returns.

Property Management: Locating the right property management team is crucial to your success. Property management will affect your occupancy rate and your team should be able to help your with a hands off investment plan.

Inspectors: Purchasing an investment property is more than just grabbing a good deal on the market. Making sure your investment is in good condition is extremely important to prevent unexpected cost. Inspections are not mandatory but are necessary for each purchase.

Home Warranty: Having a home warranty is crucial to preventing unexpected cost and can potentially save you thousands. Finding the most qualified home warranty is extremely important.

Title and Escrow: In Arizona the use of a title company is customary. Finding the right title insurance and escrow team is important for your long term success.

The McCarthy Group
Strategic planning & investor relations
Putting the Plan in action

It is time to buy & lease. You are going to be providing housing for families, staying in compliance is a responsibility.

State laws: Becoming familiar and practicing proper state laws is not negotiable. There are laws in place to protect both tenant and landlord.

Proper budgeting: Owning property has its ups and downs. No one can predict the condition of your property after a lease agreement, act of nature or unforeseen event. Being proactive and budgeting for future unforeseen events can be useful to take away possible future burdens.

Preparing for the long run: Entering into a loan grants you a financial responsibility. Due to an unpredictable market being comfortable in that loan for the duration of the agreement is crucial to long term wealth and future leveraging. The McCarthy group would be glad to help navigate you through the investing process, and can help you establish long term financial growth.

I hope you find this information please search for Arizona investment property here at www.buy623.com

7975 W. Peoria Rd.
Peoria, Arizona 85345
Phone: (623)628-7372

*Based on 6.74573 % APR. All terms O.A.C. This is not a commitment to lend. Metro North Realty does not lend money. Based on $1,000.00 annual taxes. Based on $500.00 annual insurance. Arizona investment property.

Peoria Arizona homes for sale....Also Fannie Mae & Freddie Mac Take over. To see Peoria arizona homes for sale visit www.buy623.com

Thank you for your time!

If you would like a email with new listings please reply and we will send you a new list!

I will make this message short!
Provided by Daniel McCarthy 623-628-7372

Fannie Mae & Freddie Mac Take Over is important!

The government has officially taken over Fannie Mae & Freddie Mac which basically means the United States is against the wall. Facing pressures from investors all over the world, the U.S. is now stepping in to take action. What this means: if this is not the bottom of our housing problems, the next stop could be catastrophic! Or our mortgage backbone which has not had government involvement in a long time should be corrected and significant changes should be made to stabilize our market.

I for one am a free enterprise kind of guy, wanting less government involvement. But with the state of our economy and the need of stabilizing, I have to agree with the takeover, I really do not think the powers that be had a choice. The next 6 months should be good foreshadowing of the next 3 years or more, which should be a lot brighter then the previous 3 years.

If you have questions about this news or would like to comment please do I will be posting comments on the website.

Bond Money!

There is bond money avaible in many cities that can be used for down payments!! In the city of Peoria bond money up to $15,000. What else can you ask for? Prices are extremely low and the programs avaible to buy are amazing. You can now buy property that is income producing and price reductions are everywhere. You can now buy the house of your dreams and afford it! Please contact direct for information about bond programs in your search area!

HUGE Price Reduction on Peoria AZ home for sale:

$149,900 4 Bedrooms - Peoria
8907 W W. MALAPAI DR
Peoria, AZ 85345

4 BEDROOM/2 BATH HOME. NEW CARPETING, FRESH PAINT INSIDE AND OUT. NOT A SHORT SALE. NOT A BANK OWNED. DEAL DIRECTLY WITH THE SELLER.
THIS HOME WILL NOT LAST LONG!!

Thank you for your time!

Daniel McCarthy
623-628-7372
dan@buy623.com
www.buy623.com

Peoria Arizona homes for sale