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Home Selling in Chandler : Real Estate Advice

  • All381
  • Local Info18
  • Home Buying139
  • Home Selling14
  • Market Conditions14

Activity 20
Mon Sep 26, 2016
Karen Peyton answered:
Hi Debbie,

The only thing that comes to mind (which may help) is leasing your present home here in Chandler. You say you can't lower your price any further without bringing money to closing, so it "seems" you are not relying upon proceeds for the down payment on your new home.

If you'd like to consider that route, contact me. I don't handle property management, but my company does a great job of it, in business for 25+ years.

Leasing will take the strain off your budget in the short term and hopefully prices will increase in the next year, so "holding" a while longer may be a good idea. Of course a short sale is an option but it can have credit consequences.

That's all I got. Good luck to you!

Karen Peyton, Associate Broker
Arbor Realty
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1 vote 1 answer Share Flag
Sat Mar 7, 2015
Jan Pickering answered:
Pool fences are very common. Removing a pool is very expensive. On resale, I have came across both buyers who want a pool...and buyers who do not want the hassle/expense/threat of a pool. ... more
0 votes 18 answers Share Flag
Fri Dec 12, 2014
Matt Kochis answered:
Yes, both Turlia and Zillow allow you to post open houses.
When we list homes, we also advertise the open house on Facebook using paid advertising.
With technology today, most people looking at open houses are finding them online rather than just looking for traditional open house signs. ... more
0 votes 2 answers Share Flag
Fri Dec 12, 2014
Matt Kochis answered:
You cannot unless you are selling your home. The pictures you see are likely from the last time it was listed.
0 votes 5 answers Share Flag
Sun Aug 17, 2014
Sharyn Younger answered:
Hi Eric,
I'm sorry to hear about you're needing to leave Chandler and I hope the issues that are taking you away don't cause you too much distress. Perhaps we'll be neighbors again in the future. As tar as appraisals go, no mistake on your part. As has been stated several times in response to your question, market changes could make even a 3 month old appraisal obsolete, and appraisers in fact, typically prefer to go no further back in comparable sales, than 90 days. Part of a Realtors job is to value the home based on current comps and when you list your home, it should be with confidence that the agent you list with has a good handle on the value of homes in your area and the price at which your home should sell. Certain circumstances make a "pre-appraisal" a good idea and include unique or unusual homes or homes in areas where there are few recent comparable sales.

Best of luck to you and your family,
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0 votes 5 answers Share Flag
Fri Apr 11, 2014
Val Damico answered:

As an listing agent, trust is key. Often Realtors go to over the top with technology or worrying about like you mentioned "the wow Factor", Truth of the matter is, these are regular people. They want to feel trustworthy of you to get the job done, i personally stick with the TOOL KIT CMA. its sleek and it makes you stand out amount others but ultimately you are the selling factor. Your trust and knowledge is what brings them to signing the Exclusive Right To Sell. As for houses that are testing a million dollars i would show up to the listing appointment with a licensed Professional Appraiser and say these exact words "Your home is Valuable and so is your time". This will surly set you apart from the rest of the "used Car Salesman" that showed up to get this big listing. Also before entering begin to reach to your shoes and say "did you want me to take off my shoes"? This again will show a great deal of respect for your future client and really add that extra touch your looking for. Sure the Appraisal will cost you about 400 but its a 99% success rate when you do this for a high price point seller. Also bring a professional photographer to the listing appointment, this will also show how serious and vested in the property you are before even getting it. Sellers will love the confidence and with these three things in place your assured to get this listing.

I really hope this helps you achieve the top producing agent in your area.

Go get em !!!

All the Best,

Daniel D'Amico
Licensed Real Estate Salesperson
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0 votes 4 answers Share Flag
Sat Oct 12, 2013
Moe Hegazy answered:
Commissions are negotiable.
Some people charge as high as 7%.
I charge 4% for full service MLS listing.
When you list with me, you will get the full service that you will get from the best names in the business but for much less.
I provide personal consultation on how to prepare your home for sale and how to price it based on a very comprehensive CMA.
I provide professional sign and electronic mls lockbox, and provide printed and online marketing.

Please don't hesitate to call/text me at 1-602-326-3552, or reply to this email with any questions or comments.
Warm Regards,
Moe Hegazy, Realtor

Moe, Maya, and Sohaib Hegazy, Realtors
Hegazy Realty
Cell: (602) 326-3552
Fax: (623) 242-1040
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0 votes 22 answers Share Flag
Fri Oct 26, 2012
My NC Homes Team answered:
Decluttering and a fresh coat of paint on the interior are the best way s to make your home look more appealing and increase it's desirability on the market. In terms of getting the most bang for your bucket these are the first itmes any Seller should consider. ... more
0 votes 7 answers Share Flag
Sat Oct 22, 2011
John Walin answered:
No one said it depends on how much money you have. if the bank sees other assets why should they help you limit your losses? AZ agents, is Arizona a recourse state?
1 vote 14 answers Share Flag
Fri Jul 22, 2011
Az224seller answered:
Thanks for all the responses/info.

Some more info: if I move, it wouldn't be on a temporary basis because the eventual goal would be to have us both living in the same place. Yes, I planned to buy another house back east, but come back to AZ every week or so for the weekend. I understand that this would not classify as a permanent resident of AZ and would not be allowed to consider my AZ home as my primary residence, so I think we're at the point where I just need to figure out the FTHB credit issue should we leave before 5/12. We don't have to; we were just curious as to what we would be looking at in terms of options.

I've gone through Form 5405, Gain/Loss Worksheet (from 5405 instructions) and Worksheet 1 from Pub 523 (used to calculate Adjusted Basis) using real basic figures. If I did everything correctly, then I think we're going to be okay. I think the big thing for us is that we made a lot of large improvements (AC, roof, windows, brick wall replacement) to the house the two years we've been there, which significantly increases the Adjusted Basis and we'd be selling it for a little less than what we actually paid for it (guess we should have waited a few more years to buy :) )

The worksheets were fairly straight forward.

Pub 523; Worksheet 1:
purchase price ($160k), less seller paid points (none) and other fees (none), plus additions/improvements ($18k), less depreciation and other decreases ($8000) to arrive at my Adjusted Basis (Worksheet 5405, Line 4) = $170k.

Gain/Loss Worksheet:
I took the estimated selling price (approximately $150k, but it is dependent on multiple factors), less selling expenses. I then subtracted the adjusted basis ($170k), less the FTHB credit ($8K), arriving at a loss of $12k. The Gain/Loss worksheet says that "If line 7 (gain/loss) is -0- or less, check the box on line 13b of Form 5405...". ($12k) is less than 0, so 13b is my option.

Form 5405:
13b states: "I sold (including through foreclosure) the home to a person who is not related to me and did not have a gain on the sale (as figured using the worksheet in the instructions). No repayment of the credit is required. Stop here."

My biggest concern is that I'm missing something. My education background was in accounting, which included taxes, but I haven't worked in that field since I graduated, so I'm a little hesitant to say I'm 100% right.

If I'm not missing anything, then, honestly, given that I'm not planning to be in the home long-term, it's my best option to sell the property, as long as I can get what I owe on the property, paying the realtor with cash.

Thanks again for your thoughts/assistance though. I'll definitely have to look for someone if we are able to make the move and decide to make it.
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0 votes 8 answers Share Flag
Wed Dec 15, 2010
Jeanne Feenick answered:
Ask for references and check them. Don't just rely on designations - you are looking for experience with actual transactions. In addition to an agent that knows the ropes, I highly recommend that you find an attorney that has specific short sale experience. Recently I found one that has an amazingly high success rate with closing short sales and you can bet I plan to team up with her when possible. The combination of an agent AND an attorney that gets the job done, while not a guarantee of success, is a darn good bet.

Jeanne Feenick
Unwavering Commitment to Service
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0 votes 9 answers Share Flag
Wed Dec 15, 2010
James Wehner answered:
All I need is your address and I can provide you with a Comparative Market Analysis (CMA) of your home for that specific time frame. What is the purpose of this request?
0 votes 7 answers Share Flag
Tue Jul 21, 2009
Sara Pichelmann answered:
Hello Starman,

It would be my pleasure to come see your home and discuss your property.
Call me at 480-495-4175 or email me at
Sara Pichelmann
0 votes 6 answers Share Flag
Sat May 30, 2009
Paul Welden answered:
Another point to make is that you may want to contact the appraiser who did the FHA appraisal to see if s/he will come back to your house for another evaluation b/c of the improvements you made. This would be the only option you may have if you want to sell to an FHA buyer.

... more
0 votes 5 answers Share Flag
Mon Mar 16, 2009
Doug McVinua answered:
Hi Zack

We have a number of homes in the Short Sale process as well as a number of closed Short Sales. We would be glad to answer your questions as well as provide an attorney. It might be best to speak about what you want in an attorney as I think some real estate attorneys may not be the best when it comes to Short Sales. ... more
0 votes 5 answers Share Flag
Mon Aug 11, 2008
Linsey Planeta answered:
Where are you seeing that? Is it on their website? If you are sharing you listing info with the address, you'll likely find that it's posted with the other brokers contact info on your listings. You have the same benefit with your IDX on your site.

I hope I answered the question....if not, add a couple more details and maybe someone has a better answer.
... more
0 votes 1 answer Share Flag
Thu Jul 24, 2008
Troy Erickson answered:
Jason, not sure if your home sold yet or not, but to answer your question:

There have been 9 homes sold in your neighborhood this year. Not one of them had the same listing agent, or same buyers agent. Basically 18 different agents worked these 9 contracts. Some of these homes stayed on the market for over 200 days, and some sold in less than 10 days. In todays market, pricing of a home is critical because there is so much competition. Some of these homes had a difference between list price and sales price of almost $90,000, while others had a list price almost equal to the sales price.

You currently have 14 homes for sale in your neighborhood. The problem may not necessarily be your agent, but the competition of homes in your neighborhood. I am not sure which home you own and are trying to sell, but I will give you an example of why some homes are staying on the market longer than others in your neighborhood.

First, you must put yourself in the shoes of the buyer, so you can understand their position. Now, which home would you rather buy (If they were similar in the condition of the home)?

#1) 5 bedroom, 3.5 bath, 3 car garage, 3,469 sq ft - $329,999
#2) 3 bedroom + den, 3 bath, 3 car garage, 2,939 sq ft - $430,000

Both of these are listings in your neighborhood right now. With home #1, you get an extra bedroom, extra half a bath and 530 more square feet of home for $100,000 less. A buyer can do a lot with an extra $100,000.

You see, with all the short sales and bank owned homes, there are good deals everywhere. You may not want to hear this, but with over 50,000 homes on the market as of July, and less than 5,500 selling each month, you can understand that only the homes that are the best deals on the market will sell no matter which agent you use.

You need to find an agent that is knowledgeable, and that you can trust and believe in order to have a good working relationship, not an agent you "think" will get you the best deal. I would like to know more about your situation, and perhaps we could come up with a better resolution than what you currently have. Please feel free to contact me with any questions.
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0 votes 3 answers Share Flag
Mon Jul 21, 2008
Nicole Thompson answered:
You could buy my home and I could buy yours-I am also upside down. I have a 4 to 6 bedroom house in Chandler..I owe about 445 (almost 4000 square feet) but would sell for less ...write to me ... more
0 votes 10 answers Share Flag
Tue Jan 15, 2008
Amy L Gerrish answered:
That home was listed by Kathy Vogan with 1st Usa.
Office: 480-456-8600
1 vote 1 answer Share Flag
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