Alex Inskeep

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Real Estate Professional

Alex Inskeep, in Phoenix Metro, Scottsdale, Chandler, Gilbert

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About Me

Hi, my name is Alex Inskeep and I want to put my knowledge and dedication to work for you! My goal is simply to provide the most professional, ethical, and informed service to my clients by simplifying the process of buying and selling real estate. I'll do all the work so that your only worry will be deciding what to pack! Both 1st USA Realty and myself are committed to unquestionable business ethics and pride ourselves on having happy clients, and repeat business.

Not only am I a licensed real estate agent, but I am also a full-time Realtor®. This means selling real estate is my ONLY job and I have taken an oath to conduct all transactions fairly and professionally and abide by the Realtor Code of Ethics. Being a full-time Realtor®, keeps me current with changes in real estate market, policies, procedures, developments and new technology which I put to work for my clients in the form of marketing and negotiating strategies.
With the complexities of the real estate market, you need a Realtor® who is there for you at all times, not a part time agent who has another ‘real' job, and only gains minimal experience through out the year. Purchasing or selling a home is one of the biggest transactions you'll probably have in your life, put your trust in someone that does this day in and day out and who will be there for you looking out for your best interest every step of the way.

I'd love to gain your trust and your business, give me a call today!

As a Seller's representative:

SELLERS

•o Resale Homes, New Home Sales

•o Investment Properties, 1031 Exchange

•o Relocation, Corporation Relocation Specialist

•o TOP Producer with Proven Negotiation Strategies

•o Marketing Plan Specifically Designed for your Home

•o Feedback System for Showings - Find out quickly what Buyers thought of your Hm

•o Frequent follow ups and Smooth closings

•o FREE MARKET ANALYSIS

As a Buyer's representative:

BUYERS

•o Buyer Representation at no cost to you

•o First Time Buyers, Resale Homes, New Home Sales

•o FORECLOSURES, Bank Owned, Short Sale & Specialist

•o Prequalification/ 0% down programs available

•o Excellent Financing Packages available

•o Investment Properties, HUD Homes, Flips

•o 1031 Exchanges, Fixer-Uppers, Land

•o Negotiate the Best Price on Your Behalf

•o Relocation, Corporate Relocation Certified Specialist

•o A Top Producer Award winner 2004-2007 working to get the BEST deal for you!

Credentials
Member of the Southeast Valley Association of Realtors (SEVRAR)

SEVRAR 2004 Top Producer Club Award

SEVRAR 2005 Top Producer Club Award

SEVRAR 2006 Top Producer Club Award

SEVRAR 2007 Top Producer Club Award

Member of the Arizona Association of Realtors (AAR)

Member of the National Association of Realtors (NAR)

TELEVISION:

As Seen on “HOUSE HUNTERS” on HGTV
As Seen on “MY HOUSE IS WORTH WHAT?” on HGTV
As Seen on Sonoran Living
As Seen on Local News ABC 15 - Phoenix's Hot Market

My Q&A View all >>

Alex Inskeep's Questions (0)

Alex Inskeep's Answers (15)

I own a typical 1906 Edwardian in San Francisco with 3 bedrooms, 2 baths and relatively small, sectioned off

Asked Thu Jan 31 2008, 15:57 by David Swain - Inner Richmond - Home Selling - 12 answers

Alex Inskeep answered:

David,

I don't work in San Francisco so I'm not really qualified to answer your question on whether you should or not knock down the walls, but what I can tell you is that if the job doesn't look professionally done or shabby it can actually hurt you rather than help you. Make sure whether you do it yourself or hire a contractor that it looks up to par with all the other remodels in your area and that in the end it integrates flawlessly with the rest of your house. - Fri Apr 18 2008, 16:09

somebody told me if I put my house on short sale, I can stay on my house without paying any mortgage for

Asked Sun Apr 13 2008, 22:50 by Andrew - 92058 - Foreclosure - 15 answers

Alex Inskeep answered:

Andrew,

I do short sales all the time now unfortunately and I can tell you it depends on the lender and what state you live in. The first thing I would do is find out the foreclosure laws in your state. I'm assuming California? Do a google search for this. I use http://www.foreclosurelaw.org/ a lot to get info. For California it says 120 days. What that typically means is that you have 120 days before the home is put up for sale after you receive your notice of trustee sale ( or whatever they call it in California). I've seen lenders that send out this notice after 2 payments being past due and others that don't for 6 months or more. My advice is that you shouldn't be taking advice from any realtors or individuals - contact an attorney in your state that HANDLES foreclosures and possibly bankruptcy to get the most accurate answers to all your questions. It's an important event in your life and you should invest in it so you can make the best decision for you.

Best of Luck you'll get through it, everyone does! - Fri Apr 18 2008, 15:57

Short sale credit question

Asked Sat Apr 5 2008, 18:08 by Jeanne Heroux - All locations - Financing - 22 answers

Alex Inskeep answered:

Sorry Elaine, you would think that a foreclosure is much worse but when it comes to the credit bureaus it is all the same to them. I'm surprised that with all your experience in short sales you wouldn't know this already.

Here is what I found on My Fico by Fair Isaac which developed the algorithm all major credit bureaus use to determine your credit score:
-------------------------------------------------

How does a foreclosure or short-sale affect my score?

Question
How does a foreclosure or short-sale affect my score?

Answer
Credit bureau reports are limited in how they represent foreclosures today, so it's generally not possible to tell from the credit report if a reported foreclosure is a short sale, deed in lieu of foreclosure, settled account, regular foreclosure, or some other variation.

The FICO score treats all of these descriptions that appear on credit reports as serious delinquencies, so they have an impact on the score similar to the impact from a charge off, tax lien or account included in bankruptcy
---------------------------------------------------------
Bottom line like I said before, for now they are reporting it all the same. Here's the link - it doesn't fit in the 'web reference' field.

http://myfico.custhelp.com/cgi-bin/myfico.cfg/php/enduser/st… - Fri Apr 18 2008, 15:36

Jeanne,
I think everyone wants the magic answer to How Short Sales from this current market will be reported by the bureaus ultimately and I'm not sure anyone can give you that answer at this time. Just like they did with the taxes on the deficiency judgements, who knows if the government will step in and change the way things work and make another except to the rule. I do know that sometimes in dealing with them the consumer is in the right (erroneous information report ) yet they still have to swim upstream in order to correct it. Regardless of whatever the final decision is, I'm sure there will still be lenders/creditors that are going to report it however they please. I don't think getting a lawyer would hurt but it will cost you. - Tue Apr 8 2008, 15:57

Unfortunately your situation is much too common now a days and since we've never really seen anything like this in the past - at these current levels at least - it will be difficult for ANYONE to predict the future for you.

I’m doing a lot of short sales currently and here is what I’m seeing:

1. Deficiency judgment: Depends on the bank and the situation. Generally speaking what I'm seeing is that if you had the 1st and 2nd (HELOC etc) with the same institution once they agree to the short sale they are not come after the borrower for the deficiency unless they had to sign a promissory note at closing. Again this is a GENERALIZATION and does not give you a clear insight into what they may do in the future since they are still entitled to collect on any judgments. Someone from Wells Fargo told me that once they close the short sale they write-off the remaining balance & don’t generally go after the borrowers. Again whose to say they won’t in the future.

2. What I have seen is the second and third lienholders (usually other banks) come after the individual even after they agreed to the short sale.

3. As far as the credit, I've been told by several lenders now that they will be treating it as a foreclosure on your credit report since that is how the bureaus will be ranking it (using the FICO model).

Botton line it’s not going to be pretty no matter what you do unless you can save your home by getting a second job etc..Again it's hard to say what banks will do since many don't even have a handle on the situation right now. Even if it seems like they are not pursuing borrowers for the judgement now who is to say they won't in the future. - Sat Apr 5 2008, 19:50

Rental market

Asked Sat Apr 5 2008, 21:13 by Mike - 35215 - Market Conditions - 2 answers

Alex Inskeep answered:

Hi Mike,

I don't know your market to give you an accurate answer but you can always go online to realtor.com and look up rentals in your desired area. This should give you a pretty good idea.

Good Luck! - Sat Apr 5 2008, 22:40