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Maria Clark

Warner Ranch Bank Owned Homes - Bank Owned Homes in Warner Ranch

10-12-09
Maria Clark

Warner Ranch Bank Owned Homes - Bank Owned Homes in Warner Ranch. Warner Ranch is in close proximity to the I10, Loop 101 & 202. There are many homes for sale in Warner Ranch. It is possible to still find your traditional sale. But, the short sales and bank owned homes in Warner Ranch are still your best deals.

In the last 90 days, the average sold price of homes in Warner Ranch has been $292000. Average square footage of homes sold in Warner Ranch is 2300 sq ft. and average days to sell a home in Warner Ranch is 58. This makes the average price per sq ft for a home in Warner Ranch approximately $127 per sq ft. which is down slightly from the beginning of the year.

If you would like more statistical information for homes in Warner Ranch, feel free to contact me at azhothomedeals@hotmail.com. (This statistical data is accurate as of 10/12/09).

Warner Ranch Homes for Sale - Homes in Warner Ranch

10-12-09
Maria Clark

Warner Ranch Homes for Sale - Homes in Warner Ranch. Warner Ranch is a subdivision located in Tempe, AZ. It is in close proximity to the I10 and Loops 101 & 202. One of the great draws to this area is the phenomenal home pricing in Warner Ranch compared to other subdivisions in the area. Warner Ranch offers alot of home for the money, not to mention the neighborhood feel and extensive local shopping. The homes in Warner Ranch are nestled within many wonderful greenbelts, walking paths and parks. Warner Ranch is also located within the award winning Kyrene School District and is home to the Corona Del Sol High School Aztec's. For a real hometown feel, check out Warner Ranch when looking for your next home.

Short Sales aren't short on life lessons

10-06-09
Maria Clark

It's true, every transaction is different. This market is different. There are lots of classes out there to teach you about how to "successfully" do a short sale, but no one teaches you how to handle the emotions involved in each situation. Unlike a traditional sale or an REO (bank owned) transaction, in a short sale the current homeowner is living the "loss", meaning they are still emotionally attached to the home and in a lot of cases, they are still occupying the home. Although they have rationalized their decision to short sale as an attempt to avoid foreclosure, they are still grieving through the process.

Grief affects people in many different ways. Some homeowners become depressed and others become angry and resentful to have found themselves in this situation. This can cause the homeowner to become unreasonable or unwilling to assist in the process of successfully executing the short sale of their home. It is imperative that we, as real estate professionals, exercise a great amount of empathy and understanding with our clients as well as establishing an ability to guide them and encourage them to not create situations that could prevent the desired end result (a successful short sale) from occurring due to something the homeowner did or did not do.

I was recently involved in a transaction where the seller of the home had decided that anything that could be easily removed with a screwdriver would be retained by him so that he could later attempt to sell these same items back to my client after the property had successfully closed. Unfortunately, if my client "really" wanted this home, there was really nothing we could do to prevent further stripping of the property prior to my client taking possession. The homeowner had 'checked out" and was on the bus to foreclosure ville. He had resolved himself to the fact that he was losing his home, no matter what, so he was going to get whatever he could. My client remained very sympathetic during the transaction. I think most people would have walked away. They kept saying how hard it must be for the seller to be in this situation. They were incredibly understanding. For me, it was an issue of integrity. Every time something else was removed from the property that was to be part of the transaction, I would call the listing agent and demand he make his client stop. On a few occasions, I had the opportunity to speak directly with the seller and was able to confirm that there would be no more stripping, only to arrive at the house a few days later and have more items gone. For myself, my concern was to make sure my client was not being taken advantage of in any way. I was in what I call 'protection" mode. My fiduciary is to my client, not the seller.

The night before the transaction closed, the seller called me directly to let me know he was completely out of the house. He said he left keys, garage door openers, pool information etc, on the counter in the kitchen. Then he paused, took a deep breath and said, it was hard for him to close the door. When it was time to leave, he stood there for a moment and looked around. He was the original owner of this home. He had lived in this home for more than 10 years and hadn't lived anywhere else in his life for that long. And then he just sighed. My heart went out to him. He had successfully saved his home from foreclosure, but he was unable to save himself from such a great loss.