http://www.trulia.com/profile/tucsonrealestate/The latest answers submitted by Michael Krotchie to questions asked on Trulia Voicesen-ushttp://www.trulia.com/voices/Property_QandA/It_looks_like_E_Broadway_is_a_condo_even_though_t-187588Answer by Michael Krotchie: Hi Joan, The property at 8150 E Broadway is listed as a condo unit but you may have seen it incorrectly categorized as a townhome. It is actually a co-op (link provided below) and the monthly fees are $195. Those fees cover roof, building maintenance, pool, water, gas, taxes, and grounds upkeep. Hope this helps!Tue, 29 Dec 2009 16:37:45 PSThttp://www.trulia.com/voices/Property_QandA/Whom_do_I_contact_to_view_or_purchase_this_propert-172000Answer by Michael Krotchie: Hi Sam, As previous posters mentioned practically any agent can show you properties. Here is a link to the property from our Tucson MLS system, it has now bank-owned and has been on the market for 4 days. If you are still shopping around for a Realtor give me a call so we can chat. I can show the property today if you have time. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://www.michaelkrotchie.com/ http://twitter.com/mkrotchieFri, 16 Oct 2009 09:36:08 PDThttp://www.trulia.com/voices/Property_QandA/can_you_provide_more_photos_-155301Answer by Michael Krotchie: Hi Michelle, If you aren't aware already, this property is a short sale and it's MLS status appears as "Active CAPA", which means that the Seller has submitted offer(s) to the bank already for review but is still accepting offers. Here is some background info on short sales if you need it: http://homebuying.about.com/od/buyingahome/bb/BuyingShortSale.htm Here are some more photos of the home from a previously expired listing (5/30/09): http://tarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Tucson&PRGNAME=MLSLogin&ARGUMENT=qu4iIKgNBa7Y7tPHOKihbZBBSzL6qUN%2F3PTFLdf3dac%3D&KeyRid=1 If you would like more information or are interested in a viewing just let me know! --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://twitter.com/mkrotchieSun, 16 Aug 2009 06:02:33 PDThttp://www.trulia.com/voices/Celebrity_Homes/Looking_for_over_neighborhoods_in_Oro_Valley-131913Answer by Michael Krotchie: Hi Gale, The two popular 55+ communities in Oro Valley are Sun City Vistoso (http://www.suncity-vistoso.com/) and Vistoso Village, both of which are located in the Rancho Vistoso community. Sun City Vistoso is a larger Del Webb subdivision and Vistoso Village is a more private gated community. Heritage Highlands is also about 10 minutes to the west in Dove Mountain. If you would like a list of properties available just let me know and I will get that right to you. I can also forward you a detailed list of recent sales in your area to give you an idea of the market value of your home. --- Michael Krotchie Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://www.michaelkrotchie.comTue, 2 Jun 2009 08:30:25 PDThttp://www.trulia.com/voices/Property_QandA/Is_this_property_still_on_market_Weather_conditi-117156Answer by Michael Krotchie: Hi Sachi, The property you are asking about (1250 West Panorama Road) was taken off of the market on 03/09/09, here is the old listing link: http://tarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Tucson&PRGNAME=MLSLogin&ARGUMENT=qu4iIKgNBa7Y7tPHOKihbTgxe51RhtDMBdoT15CUbZI%3D&KeyRid=1 The property was a short sale, which meant that the homeowner owed more than the market value of the home. There is no HOA so there are no fees. The pool is really on a solar system and the house has heated gas. If you would like more information on similar homes please feel free to contact me and I will get that right out to you. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://www.michaelkrotchie.com http://twitter.com/mkrotchieTue, 28 Apr 2009 15:17:08 PDThttp://www.trulia.com/voices/Property_QandA/Please_tell_me_what_the_HOA_fees_are_for_this_comm-116863Answer by Michael Krotchie: Hi Kathleen, I actually live in Marana myself and I am quite familiar with the Dove Mountain community; my father used to work at Heritage Highlands and would we would play the course every now and again. Red Hawk is one of the non-gated subdivisions located in Dove Mountain, below are the a few of the others: GATED SUBDIVISIONS: Heritage Highlands Canyon Pass At Dove Mountain Solana at Dove Mountain The Cottages at the Gallery The Golf Villas at Solana Dos Lagos at Dove Mountain The Gallery at Dove Mountain The Preserve at Dove Mountain NON GATED SUBDIVISIONS: The Villages at Dove Mountain The Villages at Red Hawk Bluffs At Dove Mountain Quail Crossing at Dove Mountain Quail Crossing II The specific home you asked about (12287 North Lost Shadow Court) is actually located in The Preserve at Dove Mountain and the HOA fees are $38 per month paid quarterly. The Red Hawk HOA fee is a bit lower per month ($18) and it scales upward as the house price increases. There are currently 40 listings located on a golf course (either Heritage Highlands, The Gallery, or The Ritz Carlton) in the Dove Mountain ranging in price from $238k - $3million. To see more comprehensive information about these listings just let me know and I'll get that right out to you. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://twitter.com/mkrotchieTue, 28 Apr 2009 05:59:29 PDThttp://www.trulia.com/voices/Property_QandA/I_have_seen_this_house_is_up_for_sale_and_I_am_ver-108952Answer by Michael Krotchie: Hi Deborah, The property you are asking about (4455 South Bantry Lane) is currently in a Pending status which means it will probably close escrow any day now. If you are interested in similar properties feel free to contact me for a comprehensive list of availables. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://www.michaelkrotchie.comThu, 9 Apr 2009 11:56:58 PDThttp://www.trulia.com/voices/Property_QandA/Would_love_to_see_place_Contact_Pattie_Holter_at_-108342Answer by Michael Krotchie: Hi Pattie, I'm cross-posting this answer in your other question. The property you are asking about (5560 East Miles Circle) is currently Active Contingent, which means there is currently an accepted offer, but there are two other properties currently on the market in the San Miguel community. http://tarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Tucson&PRGNAME=MLSLogin&ARGUMENT=Wx%2FqH84YE9Of8g3Kv2vFo%2BWbuSEaT3LYikVyAR%2B8wM4%3D&KeyRid=1 http://tarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Tucson&PRGNAME=MLSLogin&ARGUMENT=Wx%2FqH84YE9Of8g3Kv2vFo3M%2B8d3px0z2AlVfYGbAOPc%3D&KeyRid=1 If you would like to view either of these just let me know! --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://www.michaelkrotchie.comTue, 7 Apr 2009 22:26:26 PDThttp://www.trulia.com/voices/Property_QandA/Has_this_property_sold_Pattie_Holter-108345Answer by Michael Krotchie: Hi Pattie, I'm cross-posting this answer in your other question. The property you are asking about (5560 East Miles Circle) is currently Active Contingent, which means there is currently an accepted offer, but there are two other properties currently on the market in the San Miguel community. http://tarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Tucson&PRGNAME=MLSLogin&ARGUMENT=Wx%2FqH84YE9Of8g3Kv2vFo%2BWbuSEaT3LYikVyAR%2B8wM4%3D&KeyRid=1 http://tarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Tucson&PRGNAME=MLSLogin&ARGUMENT=Wx%2FqH84YE9Of8g3Kv2vFo3M%2B8d3px0z2AlVfYGbAOPc%3D&KeyRid=1 If you would like to view either of these just let me know! --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://www.michaelkrotchie.comTue, 7 Apr 2009 22:26:14 PDThttp://www.trulia.com/voices/Property_QandA/Is_this_property_for_sale_I_saw_that_no_one_was_-104774Answer by Michael Krotchie: Hi Charles, The property you are asking about (7761 E 38th Street) was on the market since last fall but was taken off the market as of 3/16/2009. The list price was $214,900 and it is currently available for rent at $1,200/month. If you would like to view the property or are interested in similar homes in the area feel free to contact me and I will get you that information right away. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- MobileSun, 29 Mar 2009 19:56:55 PDThttp://www.trulia.com/voices/Property_QandA/Is_this_home_in_Sahuarita_Highlands_Are_there_any-103350Answer by Michael Krotchie: Hi Karen, I think there is some sort of mistake. This address is located in Madera Highlands in Green Valley as seen in the link below: http://maps.google.com/maps?f=q&source=s_q&hl=en&q=870+E+Gunsight+Mountain+Pl,+Green+Valley,+Pima,+Arizona+85614&ie=UTF8&cd=1&geocode=FX9U5gEdAsNi-Q&split=0&sll=37.0625,-95.677068&sspn=23.875,57.630033&ll=31.879307,-110.948524&spn=0.197079,0.30899&z=12 I have seen errors like this on Trulia before so it wouldn't be the first time. Also, looking at the Pima County Assessor's site for this address confirms the above. http://www.asr.co.pima.az.us/links/frm_Parcel.aspx?parcel=304313060&taxyear=2010 If you need more information feel free to contact me. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- MobileThu, 26 Mar 2009 07:34:41 PDThttp://www.trulia.com/voices/Home_Selling/I_am_looking_to_sell_my_house_in_Oro_Valley_CC_and-102392Answer by Michael Krotchie: Hi Rebecca, The current DOM for the Oro Valley area (as of last month) was 88 days. Here is a link to the Tucson Association of Realtor's February 2009 report for your review: http://www.tucsonrealtors.org/tar-v2/MLS_Stats_Feb.pdf As far as renting vs. selling, it really depends on what your motivations are. Market activity overall has slowed during the past several months but there are signs of stabilization and recovery. A home with the criteria you provided would be a very popular offering in Oro Valley. Market activity continues to remain steady with a continuous flow of sales. For more specific information feel free to contact me and you can see comparable market activity as well as current market rental rates for your property. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- MobileMon, 23 Mar 2009 19:31:50 PDThttp://www.trulia.com/voices/Remodel_and_Renovate/looking_for_a_skilled_agent_to_represent_me_the_se-100230Answer by Michael Krotchie: Hi Frank, I'd be happy to talk with you regarding the sale of your home. Shoot me an email or give me a call tomorrow and we can get the ball rolling. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- MobileTue, 17 Mar 2009 21:37:44 PDThttp://www.trulia.com/voices/For_rent/I_will_be_moving_to_Oro_Valley_this_fall_but_I_wa-98939Answer by Michael Krotchie: HI Jeannie, Good idea renting before buying. In response to your question, there are many rental opportunities in Oro Valley. I just ran a blanket search for all of Oro Valley and there are 55 rental listings. I can give you a more narrow list with some basic criteria such as size, age, price, amenities, etc. Shoot me an email or give me a call and I'll these listings right over to you. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- MobileSat, 14 Mar 2009 14:20:49 PDThttp://www.trulia.com/voices/Property_QandA/Is_this_house_back_on_the_market_-96806Answer by Michael Krotchie: Hi Randy, The property you are asking about (2818 East Farr Street) is not currently on the market, the last listing expired on 2/28/09 and it was listed at $247,000. If you would like more information about the property or an update if it is re-listed just let me know and I would be happy to oblige. --- Michael Krotchie - RealtorŪ 520.404.4996 -- Mobile http://www.michaelkrotchie.comSun, 8 Mar 2009 16:40:32 PDThttp://www.trulia.com/voices/Home_Buying/removed-93722Answer by Michael Krotchie: Hi Corinne, Sorry to hear about that, some agents are too busy to make money apparently. What's the address of the property you're looking into? I'll help you get the info you need. --- Michael Krotchie - RealtorŪ 520.404.4996 -- MobileSat, 28 Feb 2009 07:41:24 PSThttp://www.trulia.com/voices/Property_QandA/what_was_sales_price_and_date_of_sale_on_S_twinkl-93145Answer by Michael Krotchie: Hi Dan, Actually this property was last sold for $270,000 back in late 2006... for the land only. Tucson MLS records show that since the 3391sqft home was built it has been listed three separate times without resulting in a sale, most recently listed in spring of 2008 for $875,000. For more detailed property information or to schedule a viewing feel free to contact me. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- Mobile http://www.michaelkrotchie.comThu, 26 Feb 2009 12:26:09 PSThttp://www.trulia.com/voices/Property_QandA/What_are_real_estate_price_trends_doing_in_Stone_C-92900Answer by Michael Krotchie: Stone Canyon is one of my favorite areas in Oro Valley (I'm a golfer) but it didn't completely escape the recent one-two punch of the credit crisis and economic downturn. Sales were stagnant last fall with only two closed sales since October (one at 30% off list price) but for the most part values have continued to hold steady. With upper scale homes in areas such as Stone Canyon the housing swing isn't felt nearly as much as in other places and with 22 currently active listings in a wide range of prices it is apparent that the Stone Canyon community is healthy and active. The specific property you are asking about has been on the market for just over a month and is competitively priced. If you would like more detailed information about the listing let me know and I'll get that right over to you. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 520.404.4996 -- MobileWed, 25 Feb 2009 20:40:51 PSThttp://www.trulia.com/voices/Property_QandA/who_can_we_contact_about_this_property_south_th_av-88543Answer by Michael Krotchie: Hi Esther, As Howard mentioned, this property currently has an accepted offer on it. It went on the market 1/13/09 and was under contract 11 days later. Below is a link to the property in the Tucson MLS. http://tarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Tucson&PRGNAME=MLSLogin&ARGUMENT=Wx%2FqH84YE9Of8g3Kv2vFo6sONYNM7OhG9qr1NkVKfLQ%3D&KeyRid=1 For more information about the property or about other similarly priced foreclosures in the area feel free to contact me.Sat, 14 Feb 2009 04:48:34 PSThttp://www.trulia.com/voices/Property_QandA/Has_the_house_sale_closed_Have_new_occupants_move-88443Answer by Michael Krotchie: Hi Nwp, The sale has not yet closed and is in "Pending" state, which means it may close very soon. Current list price is $285k. If you would information on similar homes in similar price range feel free to contact me. http://tarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Tucson&PRGNAME=MLSLogin&ARGUMENT=Axtvspkog4lbxdT5twazJKBemmrFavnQ0WCdupiwXkk%3D&KeyRid=1Fri, 13 Feb 2009 15:14:24 PSThttp://www.trulia.com/voices/Foreclosure/I_have_a_piggy_back_loan_that_i_can_not_effort_to_-86671Answer by Michael Krotchie: Hi Davit, Sound like you're in a tough spot, and hopefully you'll receive some helpful information here. It is unfortunate that your lender isn't willing to entertain a loan modification or forbearance of some kind. If you don't pay your mortgage (first or the second), the lender will have the right to being foreclosure proceedings. Read more on that here: http://www.foreclosurelaw.org/Arizona_Foreclosure_Law.htm You also have a few other options on the table: 1) Refinance through a traditional or hard money lender and obtain a foreclosure bailout loan, if there is enough equity to qualify. 2) For FHA loans, obtain a partial claim to get current. This will result in a lien being placed on the property for the amount of arrears, but reinstates the mortgage. 3) Sell to a private investor or friend/family member who will allow the homeowners to continue living in the property. 4) File bankruptcy and include the house (Chapter 13), and keep up with the court-ordered repayment plan. 5) Sell the property for less than what is owed through a short sale. Tax liabilities may be a result of this option. 6) Offer the bank the deed to the house to avoid going through with the entire process with a deed in lieu of foreclosure. 7) Just move out, abandon the house, and begin the process of becoming financially stable after foreclosure. Keep in mind that most of the above options have significant credit and tax repercussions. I recommend speaking with a tax professional for further clarification. If you are considering a short sale shoot me an email and I can give you more specific information regarding them.Fri, 6 Feb 2009 23:06:31 PSThttp://www.trulia.com/voices/Financing/i_have_a_discharged_chap_mts_old_if_i_wanted_to_-84001Answer by Michael Krotchie: Hi Carey, Looks like your question was cut off but it sounds like you are asking if you could buy the subject property with a discharged bankruptcy. You're probably better off consulting with a tax or bankruptcy professional. Lenders may be unwilling to fund a loan for someone in your case but to be sure try to get pre-approved for a loan and see what happens. A quick phone call to a bank should give you your answer.Wed, 28 Jan 2009 06:09:14 PSThttp://www.trulia.com/voices/Property_QandA/Has_this_property_recently_been_sold_Was_it_a_for-82244Answer by Michael Krotchie: Hi R Moreno, The last recorded sale in the MLS system was in 1992, and taking a look at the Pima County Assessor's website doesn't yield any other information. It doesn't appear to be a foreclosure (although it may have not yet perhaps recorded.. there is a delay time of a few weeks from recordation to online records being updated).Wed, 21 Jan 2009 19:41:26 PSThttp://www.trulia.com/voices/Property_QandA/Are_there_available_units_for_sale_now_Jan_-80805Answer by Michael Krotchie: Hi Hnk, The property you are asking about (931 North Euclid Avenue) currently has five active listings. I would be more than happy to send you detailed information about each unit, please feel free to contact me and I'll get that to you right away. --- Michael Krotchie - RealtorŪ Coldwell Banker Residential Brokerage, NRT LLC 6970 N. Oracle Road, Suite 100 Tucson, AZ 85704 520.404.4996 -- Mobile http://www.michaelkrotchie.comFri, 16 Jan 2009 17:47:50 PSThttp://www.trulia.com/voices/Foreclosure/Any_advice_on_if_I_should_foreclose_on_house_-80218Answer by Michael Krotchie: Michael, I'd first off like to say your is an unfortunate but increasingly common situation. Luckily you have a rental property to fall back on. That being said, you have many options, and you should probably speak with a tax professional regarding the repercussions and ramifications of each in relation to your liability. A foreclosure is a last resort and most banks would like to avoid that if possible. At that stage they will be forced to spend money to process/secure/maintain/sell the property (an average of $50k). An alternative to foreclosure is a short sale. A short sale (where you sell the home for less than what you owe, hence the "short") may be a possibility, but be aware that your credit will still be severely impacted but not to the extent of a foreclosure. The Hope for Homeowners act (H4H) was actually signed into law last summer but most lenders have NOT jumped on board due to the governments inaction in regards to actually funding these modified loans. Fore more information on the H4H program read here: http://portal.hud.gov/portal/page?_pageid=73,7601299&_dad=portal&_schema=PORTAL You should speak with an accountant or tax professional either way. If you walked away from one property (or both), there would be tax issues that only a qualified professional should advise you on, and they would depend on a myriad of factors (type of loan, if it was refinanced, type of refinance, your current financial situation, etc.). That being said, if you do end up doing a short sale be sure the agent you use is qualified and has handled short sales before. It is easy to get lost in the maze of legal and financial departments at a bank and if there is anything you do not want to waste when you are facing foreclosure it is time. Best of luck to you, and hopefully some of the information above is of use.Wed, 14 Jan 2009 14:26:01 PST