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85051 : Real Estate Advice

  • All14
  • Local Info0
  • Home Buying7
  • Home Selling1
  • Market Conditions0

Activity 10
Mon Feb 10, 2014
Robert Hanson answered:
As mentioned by others, a pre approval is the first step. Make sure you speak with an experienced lender that is willing to lay out multiple options along with a discussion of the pros and cons of each one. If I can be of assistance, feel free to contact me at your convenience. My contact information tagline will be posted below as a reply to this comment. Regards, Robert Hanson: ... more
0 votes 54 answers Share Flag
Sun Feb 9, 2014
Cynthia Laboile answered:
Yes, call a local professional and chat how a REALTOR helps! You'll be SO happy you did! And your pocket will be happy, too, since your choices will expand.
0 votes 4 answers Share Flag
Tue Jan 28, 2014
Jeanne Soletske answered:
Talk to the agent who submitted the bid for you.
0 votes 8 answers Share Flag
Fri Dec 27, 2013
Brittany Celaya answered:
Hi Leticia,

I found 3 homes under your search criteria for rent in 85051. Follow this link to view them and let me know if you like anything you see. Have a great day!

Brittany Celaya, Realtor®
20860 N Tatum Blvd #140
Phoenix, AZ 85050
... more
0 votes 5 answers Share Flag
Tue Oct 25, 2011
Randy Hooker answered:
Retrowoman, please be VERY cautious and careful when entertaining any type of lease-purchase or lease-option. Each one is different, and the legal & financial ramifications can be extremely risky. Don is correct in his assertion that most real estate agents in Arizona are opposed to them, but for very good reasons. They are among the riskiest and most problematic real estate contracts any tenant/buyer can be involved with, and the vast majority of them never pan out for the buyer. For the seller/landlord, on the other hand, they are loaded in his/her favor. And even if you decide the risk is worth the reward, PLEASE run the contract(s) past your own attorney. Okay?? ;-) ... more
1 vote 11 answers Share Flag
Thu May 26, 2011
Leslie Byrne answered:
So there is a loan second to yours? What is the nature of the second loan, construction? Are there any improvements left on the property? They subordinated to your loan? It is not difficult, but depending on the tenacity of the second guy and your borrowers, it could be a horrible headache. Many private lenders try to work with them beyond the 3 month limit until they truly give up and walk away without resistance. Did they put a lot of money down? ... more
0 votes 9 answers Share Flag
Thu Apr 7, 2011
Greg Paielli answered:
An appraisel is an opinion of value at a specific time. Another appraisel at a differnt time could be differnt. Your orginal appriasel could influance a new one. Thanks
0 votes 8 answers Share Flag
Wed Apr 7, 2010
Jeffrey Masich answered:
Dear Mike:

Properties on the foreclosure sites usuallly want you to commit to a fee to release the information. Some of these foreclosures will eventually go to auction. You may get information on auctions from banks or private auction companies. Some of these auctions will be on the County Court House steps. Other foreclosures will be put on the MLS. Freddie Mac, Fannie Mae and HUD homes are available throught the MLS. Foreclosure homes are often held and not immediately put on the market through auction or the MLS.

Trulia's records are not as up to date as the MLS. Trulia is good at getting an idea for prices and the market. However, to save yourself time, the MLS has all of the up to the minute selling information.

See my website for a free MLS search with no registration:

If I can answer any more questions or show you some homes or land, feel free to give me a call. I would be pleased to help you.

Regards, Jeff

Jeff Masich, Realtor®
Arizona Homes and Land
HomeSmart Real Estate
... more
0 votes 6 answers Share Flag
Tue Sep 8, 2009
Mike Linkenauger answered:
I do get tired of seeing agents do this. In our area, a property must be listed on the MLS within 48 hours of listing it. How do you justify putting a sign on a property without a listing? ... more
0 votes 13 answers Share Flag
Mon Oct 13, 2008
Carlos Ramirez answered:

If you are the tenant you can stay on the property under the current lease until it is foreclosed by the bank, or the owner pass the property to the bank with a deed in-lieu of foreclosure.

When the property belongs to the bank, then they can ask you to move or pay rent to them. But for now, the bank should not ask you for money or to move out.

In the mean time talk with the owner and keep up to date with what is going on. The bank might agree to lease you the property, at least in the short term.

At this point the best advice will be to start looking for another place to rent, since as of December 1st the current lease might not be valid.

Good luck!
... more
0 votes 4 answers Share Flag
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