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Home Buying in 85281 : Real Estate Advice

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  • Local Info1
  • Home Buying10
  • Home Selling1
  • Market Conditions1

Activity 8
Tobi Hawley, Real Estate Pro in Phoenix, AZ
Mon Jun 29, 2015
Tobi Hawley answered:
Who is your agent? If you don't have one you need one for many reasons... not just to run the rental comps for you, but there are things you need to know.. find out the data on the average days on the market it will take a furnished unit to rent vs. unfurnished, research the property for possible liens, issues etc, someone to run the background checks for the tenants, someone with E&O insurance who is licensed & bonded like a Realtor who will protect your interests. It's great you want to invest in Real Estate, just do it with a Realtor, protect yourself and make sure you know all the facts & data before jumping in. ... more
0 votes 8 answers Share Flag
Jennie Miller…, Real Estate Pro in Phoenix, AZ
Thu Nov 29, 2012
Jennie Miller, Pllc answered:
I work with several lenders that can take a look at your situation. Please let me know if you want me to send you a list of their names and numbers.
0 votes 6 answers Share Flag
Susan Lehmku…, Real Estate Pro in Phoenix, AZ
Thu Dec 22, 2011
Susan Lehmkuhl answered:
May 27th is a long ways off, so chances of getting an offer are pretty good if it's priced right. Hopefully you are working with a qualified, educated realtor who has experience in short sales.

If the house does go to Trustee Sale, it may be purchased by an investor who will then notify you that they are now the owner of the property. It could also become a bank owned asset or REO. If it does become a REO, the bank will send a realtor to your home to notify you that you no longer own the home and ask you to vacate. Depending upon who the servicer is you may be offered cash for keys to leave the house in broom swept condition.
Susan Lehmkuhl
Associate Broker
The KUHL Team
your Phoenix Real Estate Source at
Buy and Sell Smart Realty
Direct: 623-256-7270
Email: Susan@PhoenixRealEstateSource.com
... more
0 votes 4 answers Share Flag
Mikel DeFran…, Real Estate Pro in Canton, MA
Fri May 6, 2011
Mikel DeFrancesco answered:
It means if your agent doesn't know what Equator is... you probably should find one that does. It's a website / document input and tracking system.
0 votes 3 answers Share Flag
Rosemarie Ba…, Real Estate Pro in Chandler, AZ
Wed Nov 18, 2009
Rosemarie Barton answered:
Hi. I don't know why it took nearly a month for me to get your question, but this is in another county and out of our MLS area. My info shows that it cancelled in Sept of 2008, but it might have been relisted and NOT put into our local Phoenix area MLS. I can certainly refer you to a great agent in Pinetop/Lakeside if you would like. I have worked with a ReMax Broker in that area and have an ex-Century 21 colleague that has an office up there also. Happy to help any way that I can. Have a great day! ... more
0 votes 2 answers Share Flag
Gary Miljour,  in Chandler, AZ
Wed Aug 5, 2009
Gary Miljour answered:
Glen,

As a mortgage lender, I will tell you that having bad credit will affect a loan approval at this time. I would recommend you work on getting the credit fixed before trying to buy a home. The mortgage guidelines are only getting stricter, and having just a good job is not going to be enough with a loan approval. If you need a referral for a credit company to help fix your credit just let me know. ... more
0 votes 4 answers Share Flag
Tempedude, Other/Just Looking in Tempe, AZ
Fri Dec 26, 2008
Tempedude answered:
JM:

I believe in the following link, you will find a good discussion of how to evaluate a market:

http://www.zillow.com/advice-thread/Discussions/Buying/US/46686_tid,1,2,0/

The problem with trying to say "WHEN" a market will bottom, is that basically, the speed of the decline is subject to unobservable phenomena. If the government makes foreclosures require a 2 year delay, well, the bottom gets pushed back 2 years. If suddenly, everybody got a 100k tax credit to buy a home, well, obviously the market would do an about face instantly!

So, since it is impossible to guess what changes to current market conditions will come due to governmental meddling, any prediction based on today's characteristics if fallable. However, outside any of these changes, the current observables can be used to estimate what will happen next.

best of luck on your move!
... more
0 votes 9 answers Share Flag
Roberto Ribas,  in Scottsdale, AZ
Wed Jul 23, 2008
Roberto Ribas answered:
buying makes NO SENSE whatsoever, for such a short time frame. Wait a sec, if you hire me I can earn a commission! I just changed my mind, lets go find a home!!!

Ok, no joking!!! No, keep in mind that there are many expenses to buying and selling real estate. Over very long periods of time, ordinarily say five years, given our present uncertainty, probably more like 10 years or more, buying is better than renting.

But over such a short period of time, it would be extremely unlikley that the home could possibly go up at all, let alone enough to justify the expenses of selling it 18 months later.
... more
0 votes 4 answers Share Flag
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