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2012 The Year Of The Short Sales in Mesa AZ
2012 The Year Of The Short Sales in Mesa AZ
It seems that each year brings a new real estate dynamic and 2012 may just be the year of the short sales in Mesa AZ.
Many homeowners that have been faced with the choice of depleting their life savings and making payments on their home are adding to short sales in mesa AZ. Many CPAs, Financial advisors and attorneys are faced with client questions surrounding upside down and underwater homes that are dragging on a family’s ability to meet their financial obligations.
Homeowners who hoped that the downswing in the …
read more2012 Real Estate Market Predictions
What will 2012 hold for the Phoenix Arizona real estate market? On this week’s R.E. Scott Real Estate Talk radio program it’s all about 2012. Will prices go up or fall further? Will Short sales continue in 2012? What will interest rates do? Should I buy now or wait?
Hear all of my 2012 predictions on this week’s R.E. Scott Real Estate Talk Radio Program.
RE Scott Real Estate Talk broadcast on
2012 Real Estate Market Predictions
Don’t miss a thing by following Scott’s blog and real estate broadcast…
Scott Whitwam Realtor
Crown Key Real Estate
Mesa AZ…
House For Sale Mesa AZ, Improving Curb Appeal
Getting a home prepared to sell may bring about images of your realtor installing a sign in the front yard for many prospective sellers. But before you’re truly be ready to claim “house for sale Mesa AZ”, you have some things to consider. One task you need to attend to is ensuring your Mesa home has curb appeal. Your first impression is vital to the success of selling your home. Having buyers pull to your house for sale and like what they see, is a must.
What can you do to make sure when you advertise house for sale that …
Buying A Home or Selling A Home In Mesa AZ at Christmas
Christmas is a unique time of year for the real estate. That holds true is you are looking at buying a home in Mesa AZ around Christmas. This is a busy time of year for homeowners and that creates challenges for buyers. Now through the New Year, buyers will have to show a little patience to see some houses. It is very common for sellers to have guests or be unwilling to make their home available do to family gatherings.
Buying a home in Mesa AZ during the Christmas and New Year’s holidays has additional challenges and opportunities.
1. When …
read moreMesa AZ Short Sale Fraud & The FBI
Distressed property is a large part of the housing market, short sales fraud and mortgage fraud are a hot topic for the FBI. The state of Arizona is one of the states in which the FBI is targeting short sale fraudsters in. Larger cities in the state like Mesa AZ have been infiltrated by scam artists committing short sale fraud and mortgage fraud due to its size.
Unsuspecting homeowners are targeted by the fraudsters looking to take advantage of distressed homeowner’s desperation. On the R.E. Scott Real Estate Talk radio program this week, I conducted an interviewed Supervisory Special Agent …
read moreHomes For Sale In Mesa AZ?
There are many questions about homes for sale in Mesa AZ? One of the biggest questions for buyers is what has happened to all the inventory. A customer that I have been working with for some time flew in from a northern cooler state, seeking a winter home. Just nine months ago he could find lots of homes for sale in Mesa that fit his requirements.
About 2 weeks ago he and I spoke about some homes he wanted to see when he got down here. I told him that we should wait and re-look at the list of homes …
read moreHomes For Sale Mesa AZ Have Values On The Rise
I would imagine this is a surprise to most people when they find out that homes for sale Mesa AZ have values on the rise. Over the last few years we have become so accustomed to falling real estate values and this has led to foreclosures and short sales from people upside down and under water.
Let’s take a look at some valley wide numbers to begin with.
Active listings have dropped again by 453 units to 26,650
Subtract out properties with accepted offers 7,270 and you are left with
Active listings in the MLS of 19,380, this is a …
read moreChanging Seasons in Mesa AZ and the entire Phoenix area
Many of us don’t think about the changing seasons here in Mesa AZ and that holds true for the entire Phoenix area. This is the seasons when we change from extreme heat and reliance on our AC systems non-stop to cooler valley weather. As the changing seasons hit us here in Mesa, Chandler and Gilbert we switch from AC to heating needs.
What’s that smell? This is a common question people have the first time they hit the heat button in the fall and winter. According to Paula Norris of Norris Air, a heating and air conditioning contractor that has …
read moreMesa Arizona – Short Sales and Pre-Foreclosures Overtake Foreclose Sales
For people who have been living with the foreclosure reality in Mesa AZ for the last few years there is some positive news in the real estate market. According to data from the Cromford Report® short sales and pre-foreclosures have overtaken foreclosure sales the bank owned “REO” properties.
“Short sales and pre- foreclosures have now overtaken REO sales of single family homes in Greater Phoenix. Normal listings are in first place. They overtook REOs in mid November. REOs are now in third place having held the number one spot from August 2008 until November 2011.” (Cromford Report®)
A property becomes an REO …
read moreSelling a Home May Come Down To Condition
If you are considering selling a home DO NOT forget the old adage “you never get a second chance at a first impression”. This saying holds true no matter the type of sale, listing a home for short sale or a traditional equity sale, it is important to consider first impressions.
If you are upside down and underwater and in the process of considering a short sale, you may have given up on making repairs or doing maintenance. A word of caution is due. If you have stopped making your payments, hopefully you are putting that money away in anticipation …
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