Megan Izdebska & Hanna Manoufar Phoenix Real Estate

Happy ending story in Arizona.

Not too long ago I have posted a blog about homeowners, who strip their houses just before home goes to foreclosure with a strong feeling they have the right to do that. Such an act is qualified as illegal and may be prosecuted.

Just recently in our company meetings one of our fellow agent mentioned a heart breaking story, showing that not every homeowner belongs to the same basket in given situation. Some people take proud of ownership to the end.

There was a family in a city of Arizona (as many today) facing financial hardship and could not afford house payments anymore. Their home went to foreclosure. The agent that supposed list their home on the market as REO property arrived to the address at THAT date, and found the husband finishing manicuring the front yard and his wife mopping the floor. They wanted to hand the key to the agent with dignity of responsible homeowner. They could not keep the house anymore but sure knew how to take care of it to the last day. They wanted to leave their home in mint condition for a future owner.

It turned out, that the agent being so surprised with their generous and kind behavior, hired the husband as part of his maintenance crew and wife as made for preservation of REO properties.

It is one of very few of happy ending stories.

Condo for Sale in Scottsdale, Arizona – Valle Vista, $119,000

6925 E 4TH ST 16 Scottsdale, AZ 85251

For more information call 954-551-8919 or visit our website www.AzPrimeHomes.com

Condo for Sale in Scottsdale, Arizona – Valle Vista - Bedrooms: 2 / Baths: 1.5 / Living Area: 1,029SF
Cross Streets: 70TH ST/GOLDWATER Directions: South to 4TH St, Right to Property, Unit is on the West Side of the Pool.

This Condo for Sale is located in Valle Vista Subdivision.

• Ideal Scottsdale Location
• Within Walking Distance to Old Town Galleries, Shops & Restaurants
• A Beautiful Two Story Unit With Urban Loft Feel
• Designed By a Student of Frank Lloyd Wright
• Very Contemporary.
• Renovated with hardwood floors, travertine tile and new fixtures.
• Exposed wood beams on the ceiling and exposed brick wall separates the unit from the only neighbor
• Patio on the main floor and balcony off the second bedroom overlook the community pool
• Currently rented until July 15th, 2010 and generating $950 gross rental income per month
  Buyer to assume the lease. GREAT CONDO FOR SALE FOR AN INVESTMENT!
  HOA dues of $230 per month includes water.
  All appliances convey.

County/Region: Maricopa County AZ / Valley of the Sun Central
Year built: 1974
Builder: Olympic Development
High School: Scottsdale #048 Unified School District

Virtual Tour - CLICK HERE or on the image below

I have not seen that one yet.....Maricopa, Foreclosed Homes

I visit many homes after Trustee Sale with interested Buyers and wonder at what I might find indoors when I put the key into the lock. The last foreclosed home I toured had exceeded my expectation and imagination. I have seen a lot properties with missing:

1. Appliances such as stoves, built-in microwaves, dishwashers, etc.
2. Flooring tiles, parts of carpet
3. Kitchen Islands (ripped off from the middle of the kitchen)
4. Cabinets and counter tops
5. Light fixtures and ceiling fans, doors and hardware
6. Toilets, bath tubs and sinks
7. Furnaces and air conditioning units (A/C units are very popular)
8. Landscaping- trees, shrubs, bushes, bricks
9. ETC, ETC

When homeowners do leave their property, they do not always simply "walk away." Do they?

So, after a while I got used to it. Just warned my buyers what they can expect inside foreclosed properties.

What was done to home I went to recently in Maricopa, AZ just shocked me.

The homeowner must have been so furious and ready to take on the structure he lived in for at least few years. Inside the house we discovered purred CONCRETE into the toilet and bath drainage!!!! What a courage... to get the material and pay for it, invest a time and effort to prepare the mixture and fill in the drainage! GOAL achieved! The foundation must be ripped off and the entire drain pipes replaced. House do not qualify as livable (at least not up to FHA standardsJ)

Homeowner was probably having a bad day.

Some misguided home owners, angry at the bank for foreclosing, think it's somehow permissible to turn the home into a total nightmare. It is ILLEGAL. Banks are most likely to pursue and prosecute homeowners who vandalize or strip their homes while in foreclosure.

But does it really happen? Personally, I have not heard of any legal action against homeowner who stripped or demolish his house while in foreclosure.

Kierland Commons, Scottsdale, Arizona

Luxury properties for sale in Kierland, Scottsdale, Arizona deliver many different options for those seeking upscale living or to relocate to Arizona. Kierland attracts  for a future home or just vacation property, the choices are endless in finding the perfect place for you and your family. Starting with golf course homes through gated communities to luxury condos.

One of the most sought after properties in the heart of Kierland Commons - 38-acre "Main Street"  - urban village that incorporates many distinguished shops and dining facilities, all within walking distance of a variety of luxury real estate. Is sure to please anyone who is looking for upscale boutiques and shops or fine dining and one-of-a-kind entertainment.

Kierland Commons takes the shopping experience to a whole new dimension. This outdoor shopping and lifestyle wellspring boasts vine covered trellises, restorative fountains, and indigenous desert flora. The streamlined stucco and glass architecture of Kierland Commons creates a unique desert style that perfectly complements the geography of the surrounding area. Laid out in a quintessential small town America design, Kierland Commons includes a main street peppered with stately palms and a central square replete with splashing fountains and park benches where one would expect to find smiling children indulging in ice cream on a hot summer day.

Perennial retail favorites commingle with one-of-a-kind boutiques along the chic avenues and alleys that comprise Kierland Commons. Fashion forward label French Connection, lifestyle brand Juicy Couture and the easily navigable White House | Black Market offer women's apparel and accessories, while Babystyle, blossoms and Peek...Aren't You Curious proffer adorable baby and children's clothing. If you're looking to outfit your home in a fresh style, check out what Z Gallerie, Smith & Hawken, Restoration Hardware or Crate & Barrel have to offer this season.

In addition to the myriad boutiques found in Kierland Commons, the destination also offers a splendid variety of modish eateries and cafes, specializing in a plethora of tastes. Enjoy fresh Californian meats and produce offered at The Greene House, Parisian fare at the Zinc Bistro, or a modern taste of Italy at NoRTH among many other dining options.

Kierland Commons is truly a retail and dining oasis-a refreshing experience that will satisfy the high caliber sensibilities of posh desert inhabitants.

Source: http://www.shopacrossamerica.net/kierland-commons-scottsdale-az.html

SCAM ALERT: Check Your Vacant Listings

The Arizona real estate local MLS has issue an alert for listing agents in regards to scam that may be going on in the valley. I believe that is a valid warning to be pass on to others as well.

A recent scam involves tenants moving into a pending short sale listing. The surprised listing agent contacted the owner who had not rented the property to anyone. The tenants (two women with two children) were physically moving in and had turned on utilities in their name. The sign and the lock box were removed, and all locks were re-keyed.

The tenants responded to a FOR RENT sign in the yard. They gave someone $1,800 as rent and signed a lease. While the short sale was able to close, the unfortunate victims of this scam were out $1,800 with no place to live.

This down economy encourages some people to take advantage of others. Listing agents should check their vacant listings regularly and provide neighbors their contact information in case they observe any suspicious activity.

Source: ARMLScommunication@ARMLS.com