James Wehner

"Your foreclosure agent!"
  • I'm a:
  • Real Estate Professional
  • Company:
  • John Hall & Associates
  • Location:
  • Web sites:
  • Phone:
  • (480) 323-5462
James Wehner, in Scottsdale, AZ
  • 66 Answers
  • 2 Best Answers
  • 12 First Answers
  • 7 Useful Answers
Flag Report this profile
 
About Me
As a successful real estate investor and Realtor®, my focus is to assist buyers (investors, first time homebuyers, second home-buyers, relocations...etc) and help them find the best deal that matches their real estate needs.



My area of expertise is working in the foreclosure arena with REO/ bank owned properties, pre-foreclosures, distressed sales, fix and flips, and rental/ investment properties. I locate low LTV investment properties that have positive cash flow and allow my buyer clients to leverage their money with minimal down payments and low out of pocket expenses.



As for my seller clients, we work together as a team in preparing the home for sale to allow for the shortest time on the market with the highest sales price potential. With the ever so quickly changing real estate market, my ability to analyze the market allows me to effectively update my seller clients about were the market is heading. This has saved past clients thousands of dollars by being able to get their home to the right sales price number before their competition does and result in a successful sale.



Our current Scottsdale and Phoenix metro real estate market is ripe for investments. If your desire is to purchase a substantially below market home or rental/ investment property and don't know where to find them, look no further, you have found the right agent.
My Q&A View all >>
James Wehner's Questions (0)
James Wehner's Answers (66)
Patti Ramirez, Home Buyer in 85308

i want to buy a house no money down or assume a loan in glendale, az. excellent credit, any lenders doing this

Asked Fri Nov 14 2008, 14:19 by Patti Ramirez  -  Glendale  -  Home Buying  -  4 answers
James Wehner answered:
Yes, US Bank has a portfolio loan that allows for seller contributions towards your down payment. I believe you will need to have a minimum of $500.00 of your own funds to close. Most, if not all, closing costs can be paid by the seller as well.

This would be the closest that I know of for no money down.

Contact me directly if you have any further questions. - Fri Nov 14 2008, 15:24
Pv2715, Home Seller in Arizona

Relocation buyout AZ

Asked Tue Nov 4 2008, 11:33 by Pv2715  -  Higley  -  Home Selling  -  6 answers
James Wehner answered:
You may want to ask yourself, which option are you most comfortable with? Not everyone is suited for being a long distance landlord. There is however the option of having a property management company oversee and handle the leasing for you.

An appropriate person to ask would be your accountant. Gather all the figures needed and evaluate which option will be suit you financially.

Good luck! - Tue Nov 4 2008, 11:57
Alison, Just Looking in Garcia

We are renting a house, if we receive a notice of foreclosure can we stop paying rent at that time?

Asked Sat Oct 25 2008, 15:22 by Alison  -  Surprise  -  Foreclosure  -  4 answers
James Wehner answered:
First and foremost, I sorry to hear about your unfortunate situation. It is best that you consult with a real estate attorney regarding any legal issues.

You should continue to pay rent so that you are not in breach of the lease agreement. The notice of trustee sale is typically issued 90 days prior to the trustee sales date. The landlord has up to the day of the trustee sale to reinstate the deed of trust by paying what is owed including and penalties and trustee fees.

Regarding an eviction; if the trustee sale takes place, regardless of who becomes the new owner, at that time you will have to leave. Otherwise a forceable detainer can be issued against you.

I would talk with whoever is the point of contact for the landlord and find out how secure your deposits are. If the landlord is foreclosed on, you may have a difficult time recovering your deposits when you vacate.

Again, please consult with a real estate attorney for legal advice concerning you situation. - Sat Oct 25 2008, 17:08
Bernice, Just Looking in Phoenix

The house I'm renting is going up for auction on 11/12/08,we have been paying our rent but the landlord didn't

Asked Sat Oct 4 2008, 19:05 by Bernice  -  Phoenix  -  Foreclosure  -  4 answers
James Wehner answered:
Under the new circumstances with the notice of trustee sale, I would ask the landlord to amend your lease stating that any depositts be held with a third party, i.e. escrow company. In the event the property goes to trustee sale and you are asked to leave, you will then have a much easier time recovering your deposits.

Like the previous answers stated, this is a very common situation these days. Be proactive and try to work it out now with the landlord to protect yourself.

Good luck! - Mon Oct 6 2008, 08:37
Jdawson, Buyer & Seller in Phoenix

Considering todays market is it possible to " flip " for profit in Phoenix, mesa,tempe,glendale,scottsdale ect

Asked Wed Oct 1 2008, 20:42 by Jdawson  -  Phoenix  -  Home Selling  -  8 answers
James Wehner answered:
Yes it is most definitely possible. I have personally as well as other investors I work with, been able to take advantage of these market conditions and purchase homes well below market value and resell them in a short period of time for profit. I would highly recommend only attempting this if you have a strong grasp on the market and what is going on. One wrong miscalculation and you could lose your estimated profit or be stuck holding onto a property for a lot longer than you anticipated. - Thu Oct 2 2008, 12:20
View all James Wehner's Questions & Answers >>
RSS
What's this?
Specialties
Foreclosures, trustee sales, residential investment properties, representing buyers to find them a home that matches their wants and needs at a great price, representing sellers to get their home sold, not just listed for sale.
View James Wehner's...

Profile

Questions & Answers

James Wehner is a member of Trulia Voices:

Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.