Yvonne Coelet's Blog

By Yvonne Coelet | Agent in Lakeside, AZ

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I Can't Stop Thinking About It

Posted Under: Foreclosure in Show Low | March 14, 2009 9:50 PM | 94 views | No comments

I am at home right now trying to decide what to clean or declutter. So muchh to choose from!

It reminds me of earlier today when I was out touring bank owned homes. It is amazing to me to see the difference in the condition of all these homes. Most don't have pride in ownership. This was not the case today.

Read more here...
Going...Going...

Posted Under: Foreclosure in Lakeside | December 22, 2008 9:38 AM | 79 views | No comments

To AUCTION!

Don't miss out on this bank owned home that has tons of potential.

Located in the "White" Mountains (yes, we have snow and more is on the way).This one bedroom, one bath home is 1214 sq ft in size. It has a large kitchen with eating area. There is a pellet stove in the large living room. Just off the front entrance there is also a room that could make a nice home office. Tons of storage on the outside of this home. Covered one car carport. Fenced yard for the family pet. This home will need some TLC and updating. Currently listed at $71,500...This home goes to auction January 24th so make an offer before its'...GONE!
How much would you pay?

Posted Under: Foreclosure in Lakeside | December 20, 2008 6:25 PM | 112 views | 1 comment

Wow!

I am in the process of listing a hand hewn custom log home on 5 acres in Lakeside. I haven't gotten a price from the bank yet...so I was wondering what everyone thought. It was just on the market for $860,000...Here are the particulars:
-3 beds, 2.5 bath, 2800 sq ft. Built in 2007
-Granite Countertops
-Hardwood floors
-Custom wood accents throughout the home
-Lots of deck space
-Master bath shower has natural river stones on floor and multiple shower heads
-See through fireplace
-Skylights
-And SO MUCH MORE!

Please watch this video...Let me know what price this home should sell for.

ENJOY!
Winning Bids at Auctions

Posted Under: Foreclosure in Show Low | December 14, 2008 8:36 AM | 111 views | 1 comment

Not too long ago I attended an auction in town on a manufactured home. This 1900 sq ft home had 3 bedrooms, 2 baths and sat on a little over 1 acre. It was last listed on the MLS for just under $160,000. This auction was conducted by a professional auction house on site. The opening bid was $25,000. There were only two bidders and one was successful for just over the opening bid amount.

Now, to the casual observer it would seem as though this bid winner was getting the home for a "screaming deal". But in reality the bank did not accept this offer. I wonder why? The winner bidder stopped by my office not too long after the auction and let me know that the bank did not approve the purchase amount. (Check the fine print on the auction information...the bank has final approval on all bids).

Was this buyer upset? No...This buyer knows that by securing the winning bid they now have open negotiations with the bank to secure the home without any competing bids. When the bank contacted the buyer to let them know that their bid was insufficient they then started negotiating a new price. The bank's objective is to sell the home, so now the buyer has the bank's undivided attention.

Is this the best method for a buyer to purchase a foreclosed property at a reduced price? Maybe...it depends on the knowledge and patience of the buyer ...and the willingness of the bank to sell its property.
Great Rental Potential

Posted Under: Foreclosure in Show Low | November 29, 2008 1:59 PM | 107 views | No comments

The other day my partner in crime and I were touring some bank owned homes in the area. We came across this cute 3 bedroom, 1 bath home on a nicely treed city lot. It is centrally located and has tremendous potential. It will need some new flooring and paint and minor TLC.

Right now the home is priced to move at $89,900! That's just $80 a square foot. What a deal!
Great Bank Owned Property in Clay Springs, AZ

Posted Under: Foreclosure in Clay Springs | August 29, 2008 9:51 AM | 233 views | 3 comments

Hello from the Beautiful White Mountains!

If you are looking for bank owned properties in our area, then you have come to the right place!

This home sits on 2.64 acres in Clay Springs, AZ (just 20 minutes from Show Low). It is a single wide manufactured home with tie downs. The 1216 sq ft home has 3 bedrooms and 2 baths. It will need new flooring and paint. All of the appliances are in (even the washer & dryer).

The backyard is completely fenced. There is even some cross fencing for smaller animals directly behind the home. There is a horse structure/corral and a dog kennel.

All of this for $94,500! Click here to see a video of this home.

Be sure to contact me if you would like more information or would like to schedule a showing. For more information on other bank owned listings, visit our website at www.WhiteMountainForeclosedProperties.com.

Thanks!
Yvonne Coelet
Square One Realty
(928) 205-9060
yvonne@whitemountainyvonne.com