Jay Otlewski

Here's the latest news from my connections at Sun City Festival! Through most of the spring and summer the incentives have been this high so it looks like they're gearin up for the winter sales.

Incredible incentives at SUN CITY FESTIVAL by Del Webb

Completed Inventory Homes - $35,000 to $90,000 off

New Build Incentives

Holiday Series Homes (1100 - 1398 s.f) -$15,000
Cottage Series Homes (1373 - 1494 s.f) -$35,000
Classic Series Homes (1612 - 1816 s.f) -$45,000
Premier Series Homes (1960 - 2323 s.f) -$70,000
Estate Series Homes (2450 - 2849 s.f) -$90,000

Vacation Villa's available for $39.00 per night (4 or 5 night stays). Plan a visit while the market is low!!!
New phases opening this weekend.

If you've thought about visiting this community now would be the time to do so. By coming in the summer or early fall you beat the crouds and the selection will never be better.

For more information about Sun City Festival (or any active adult community in AZ) visit www.Retiring2Az.com or call me direct at 623-271-4234.

So you think you want to buy a bank owned home? There is noting wrong with this, in fact these are the best deals out there right now. But you MUST have a Realtor that understands what they are doing and a lot of agents (part time and some full time) are not used to dealing with banks. Your agent can make the difference between getting the home of your dreams and a costly major headache.

Most REO sellers require a special Addendum to the Purchase Contract. These addenda may contain many provisions that change the standard terms of the AAR Residential Resale Purchase Contract.

Some examples to be aware of:

· Changes in close of escrow date

· Alteration of the inspection period, response timeframes & cancellation provisions

· Alteration of Seller warranties

· Alteration of the financing provisions & removal of Unfulfilled Loan Contingency

· Monetary penalties for buyer's failure to close on specified COE date (does not affect seller's failure to close on time/delete) and request for extension of COE date.

· Limitations of seller's liability

· Alters/removes mediation, arbitration and specific

· performance provisions

· May add automatic termination of contract upon breach

· Removes Cure Period

· May add specific monetary remedies upon breach/cancellation

· May add specific provisions for Seller unilateral cancellation

· Required timeframes for Seller review and approval of HUD-1 Settlement statement prior to close of escrow

· Seller to convey title by Special Warranty Deed

· May alter type of title insurance policy to be issued to buyer

· Limitations on Seller contributions to Buyer closing costs; including but not limited to HOA fees, title & escrow fees as per Arizona customary practice

Be sure to review the REO seller's Addendum carefully with your buyer.

These are just a few of the items I've run across in the bank owned homes i helped my clients purchase. If you have any questions or would like to begin your search for that great deal out there, give me a call at 623.271.4234 or feel free to visit www.valleyREadvisor.com

My sales contact at Trilogy asked if I would pass this along. Shea Homes has just changed their pricing at Trilogy as well as LOWERED the price of their models they are selling. These models of course would be purchased by you and then leased back to Shea Homes until they are finished with the home, right now they expect that to be June of 2012. You'll notice the note that they have the options to extend this it they need the home as a model still.

If you would specific information about these homes visit http://www.retiring2az.com/trilogy.html

Hi there! Well the summer is heating up and the savings at Trilogy are UNBELIEVABLE! Management has changed the pricing on the remaining models so I wanted to get the word out there for those of you that may have folks that are interested. Shea will have the option to extend on a month to month lease after the initial term expires in June 2012. Please note that the furniture is separate. I can provide you with furniture pricing at your request.

Also we are down to only 6 completed designer homes!

Lot 1892 Libertas
$311,900

Lot 1887 Serenitas
$332,900

Lot 1891 Civitas
$353,900

Lot 1878 Civitas
$363,900

Lot 1880 Aurora
$390,900

Lot 1913 Vesta
$439,900

For New Builds we are offering 25% off the base price which will be applied as a Builder Contribution to be used in the design studio, structural upgrades, landscape. In addition we are still including Solar Panels which is a value of $20,930!

Please let me know if you would like any additional information. There are still a few lots left that are in C 21 which is located in close proximity to the Kiva Club and models. These lots are selling fast!

If you have any interest in buying a model home (or any home in Trilogy) from Shea Homes please let me know. These represent some of the best homesites in this community and if you weren't ready to retire for a few years this would be a great way to purchase your home in AZ and then let Shea Homes make your payments for you!

Jay Otlewski - RE/MAX Integrity

Jay@Retiring2Az.com or call me direct at 623.271.4234

Have you ever thought about checking out Active Adult Communities in Arizona? With the new Stay and Buy program at Trilogy at Vistancia, now is the perfect time to do it. Instead of staying in a hotel wondering what's going on in these neighborhoods at night, you can now live the good life with a 3 or 4 night stay in a home at Trilogy at Vistancia.

This program is similar to Sun City Festival's program in that it pays for a dinner, gives you access to the community center and more. It lets you hang out at the club, meet people that live here and learn what it's like to live in a resort style active adult community. Here are a few details-

The Taste of Trilogy program is where you can stay 2-4 nights, receive $100 gift certificate for the Verde Grill, two for golf or two for spa treatment and full use of the Kiva Club and amenities.

2 night, 3 days - $189

3 nights, 4 days - $269

4 nights, 5 days - $349

If you decide to purchase, Shea Homes will credit back the cost of this stay making this stay FREE. What could be better than staying where you want to buy?

I mentioned that Sun City Festival also offers a program like this and in fact I can get you a $5,000 credit for buying out at Festival if you stay there so maybe you could take advantage of both communities and make a whole week of active adult living!

To learn more about these great programs please give me a call at 623-271-4234 or email ay Jay@valleyREadvisor.com and I can cover all the details including helping you setup the stays and make sure you receive your discounts.

For more information about active adult living (Over 55) in Arizona visit www.Retiring2Az.com

Jay Otlewski

RE/MAX Integrity

Are you the type that really likes to "dig into" the market numbers? I now have a great multi-page newsletter that gives you more information than you could every want about our market. This FREE report will now be available every month so you can stay in touch with the market just like I do!

This newsletter breaks down all the subsets of our market like how many bank owned homes sold? What percentage of the market were they? What price range is selling fast? And much more!

To get this new report please email me at jay@valleyREadvisor.com and request this free market report!