Kelli Michelle

I'm a:	Real Estate Professional
Location:	Scottsdale

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About Me

My name is Kelli Gubrud, I am a REALTOR in the Phoenix area specializing in Short Sale, pre-foreclosure and residential re-sale. With the market ever changing I have adapted to the technology, marketing and target farming in specific areas in order to diversify my career and expertise. Real Estate is my only profession thus I find it important to make people aware that I will dedicate my time and efforts 100% in order to best represent them. I am both a listing agent and buyer representative in all East valley areas. I started selling real estate in 2005 and have found it to be the most difficult yet rewarding of all professions. In my spare time I like to be active in the community and promote fitness education.
Teaching people the value of Real world REAL ESTATE is my calling! Looking forward to a GREAT 2008 buyer's market. Many short sales and REO (BANK OWNED) properties are helping to correct the market more rapidly. I intend to help many buyers find excellent investments this year and in years to come.

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Kelli Michel…'s Answers (2)

Is it possible to work out a lease/purchase deal for a property that I have already identified?

Asked Fri Jan 18 2008, 10:09 by Gwen - All locations - Home Buying - 1 answer

Kelli Michelle answered:

Yes, Indeed! Through a lawyer and both a COOPERATIVE SELLER/REALTOR you can negotiate a sale with proper close of escrow. You will have to work on the pest inspection and appraisal guidelines to do an appraisal of value when you move in, base price on what you feel the market will boast. Substanciate a DOWN pmt and NON refundable earnest deposit or deposit held by a third party neutral.
There are ways to do lease/purchase and you can give yourself 1st right of refusal with approval from your landlord as well. That way if you don't want to lock in. You can ask to be contacted and given the 1st opportunity to buy if he/she plans to sell!

=) - Fri Jan 18 2008, 10:13

How do I compete with a foreclosure two doors down?

Asked Thu Jan 17 2008, 07:43 by Eric S. - South Phoenix - Foreclosure - 10 answers

Kelli Michelle answered:

I am a short sale/pre foreclosure expert in Phoenix. The market is still in correction. If you are comparing homes in the re-sale market to those in pre-foreclosure, many appraisers are not taking the short sale -low sales prices into deep consideration. Now, the reality behind it is that you must have a SUPER product to compete with the discounted, short sales but BANK OWNED and PRE FORECLOSURE sales are tedious and very hard for some agents to close. The buyer should research teh TIME it could take to close. For sellers, time is of the essence. They must price competitive with short sales esp with the BEST location, condition and prices. Some short sales take so long to get approval that they are deferred in maintenance by 6-8 mos, utilities are off and you never know what you'll find when they are on!!
Appraisals are conservative by nature now, we need to know that the marketplace is going to correct a lot more with SHORT SALES and PRE-FORECLOSURE because many skilled agents can negotiate with banks. The bottom line is that your house if in a GREAT location at a great price in the BEST condition possible for sale has a shot. NOT EVERYONE WANTS TO WAIT 6-8 MONTHS TO "MAYBE" BUY A HOUSE!! A short sale is very much that way!
WATCH trends and listen carefully to educated people in the real estate industry. I am optimistic that we will see a healthy market within the next couple years. WILL WE SEE 2005 again soon?? Doubtful! - Fri Jan 18 2008, 10:05

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