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Ric Mills, Real Estate Pro in 85737
Ric Mills answered:
The NYTimes estimates that markets in FL and AZ are about 25% overpriced right now. When will normalcy return?
Glad you asked. The NY Times is not an expert in real estate in Arizona and as usual someone wrote an article to sensationalize a story to sell papers. We have seen some areas that re ... more
0 votes Share Flag Tue Jun 4, 2013 Market Conditions in Sam Hughes
Ric Mills, Real Estate Pro in 85737
Ric Mills answered:
Who is an expert real estate agent in the Sam Hughes area? Who knows Sam Hughes like the back of their hand?
Patricia. There are many agents that can sell in Sam Hughes. There really are no Sam Hughes experts as so few homes are sold there. I have lived in Arizona for 40 years and in Tucson ... more
0 votes Share Flag Tue Jun 4, 2013 Market Conditions in Sam Hughes
Ric Mills, Real Estate Pro in 85737
Ric Mills answered:
Why is cash rather than loaned money preferred by some sellers? Also, does 30% to 50% cash sweeten for such sellers? If so, why?
It is a faster close and there is no waiting for appraisals and many times even the inspections are waived. The more earnest money you can show the better, but pure full price cash is ... more
0 votes Share Flag Tue Jun 4, 2013 Market Conditions in Sam Hughes
Ric Mills, Real Estate Pro in 85737
Ric Mills answered:
What is the thinking or rule behind giving buyers who plan to reside a 2 week lead over investors in bidding in some cases, even on "cash?
The government controlled investors want to give Owner occupants the first choice on homes to try and get more owner occupied homes. They feel that it will help the overall housing econ ... more
0 votes Share Flag Tue Jun 4, 2013 Market Conditions in Sam Hughes
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