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Home Selling in Avondale : Real Estate Advice

  • All98
  • Local Info12
  • Home Buying31
  • Home Selling5
  • Market Conditions2

Activity 8
Tue Nov 20, 2012
Shawn Scray answered:

The first thing I wold help you do is determine the value of your house. You must first know the value of your property before you make any decisions on a short sale. I'd love the opportunity to create a list of comparable properties and help you determine what your house is worth. Free with no obligations. After that, we can determine what the best way is to sell the property if you would like or I can help you rent it out if you're still interested in moving and want to keep it as an investment property. There are a lot of variables to consider so please don't just rush into a short sale because someone else's house sold for less. Please feel free to call me directly at 623-696-0228 with any other questions. I'm here to help.

Shawn Scray
Sterling Fine Properties
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Sun Jul 22, 2012
Jennie Miller, Pllc answered:
Thank you for the opportunity to work with you. I have several strategies that will be able to help you sell your home for the most amount possible. Overall the market in the Corte Sierra area is very strong and this is a sellers' market! There are currently only a handful of homes listed for sale in this subdivision right now and the total number of homes on the market in 85392 is very low. The inventory levels are so low that this a notable time in the history of the Phoenix Metro market. It is unlikely that we will see inventory levels this low in our lifetimes. Interest rates are very low, prices are reasonable, and buyers (in droves) are on the streets looking for homes to buy. There are investors buying homes as rental properties, first time homebuyers, as well as move up buyers searching for homes to buy. This has created a multiple offer situation on the majority of homes for sale. Interest rates on 30 year, 20 year, and 15 year loans are the lowest we have seen in years. Every transaction I have been involved in over the last 6 months--representing the buyer or the seller--has been a multiple offer situation.

Using an agent experienced with both listings and buyers makes me very versatile. This gives me the ability to see your home through the buyers' eyes as we begin the marketing of your home. The marketing phase is crucial as we try to generate as many showings as possible, mazimize the number of 'front door opens', and showing requests on your home. 90% of home buyers start their home search on the internet. The majority of my advertising is focused here. I have an extensive marketing strategy that starts with photographs, building websites, video tours, blog posts, and social media. Additionally, I would list your home for sale on the Multiple Listing Service that will enable over 40,000 licensed real estate agents in Arizona access to show your home to their clients! I would be happy to provide you with more details on the skill set that I have if you would like. Additionally, as the agent listing your home, I would use some tried and true techniques like open houses each weekend until the home sells, staging and showing recommendations, signage on the property, and in the neighborhood. Upon receipt of an offer, I would present this to you along with a clear accounting of what you should expect to net after the closing on the house, navigate you the contract, inspection process, and final stages of the transaction.

I live only a few minutes from your home and would be available to show your home to a potential buyer with little or no notice. I work 16-20 hour days and am available whenever need be to ensure that my job is done at a level above what you expect. If you would like to see the quality of my work, you can view recommendations from my clients on my Trulia profile by clicking on the following link:

It seems that you live in Prescott and I would be happy to meet with you anytime if you are in town conducting agent interviews. I would be happy to take a drive up the hill and meet with you in person closer to your home if you won't be heading into town. I look forward to hearing from you soon!
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Thu May 31, 2012
Loren Hoboy answered:
These answers you got are all valid, but miss one point. The best resource you will have is your listing agent to help you estimate the current market price of your home. In Avondale 85392 , home values for most homes in this price range have risen in the last few months by 20% . Move in ready homes are commanding a higher price. Homes in you stated price range are almost impossible to find. You will see lots of interest.

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Sun Mar 27, 2011
George asked:
Tue Aug 24, 2010
Doug McVinua answered:

One option would be to negotiate a new agreement with the tenant. Consider reducing the monthly rent in return for tenant cooperation. Tenant stays, keeps utilities on and takes care of property. Tenant cooperation will help you with showings and ultimately a better contract to present to the banks.

Better contract = higher % of success for Short Sale.

Short Sales done correctly are wonderful.

Doug McVinua
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Thu Mar 11, 2010
Donald Keys answered:
Henry, here is a link to your current competition homes (for sale) and pending homes (under contract waiting to close),12,1

To find out what your home would bring in today's market, tips on what to do and what not to do in order to sell for TOP DOLLAR and a more accurate home value, click on the link below and fill out the form.

I hope this helps.

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Fri Feb 27, 2009
John answered:

Your lender would have had to submit a short sale approval agreement in order for the sale to close. In that agreement, which is formatted much like a letter, would be the terms and conditions which would have been signed by you. A copy of this letter/agreement should have been given to you at closing.

Look over this document to make sure you did not agree to pay the balance or agreed to a promissory note. If your lender was Bank of America or the servicer was Countrywide, it could have been slipped in at the last minute. Also, you should have been previously advised, a home-equity line of credit is considered a non-purchase money loan and can be pursued by the lender. It does not matter if they 1099'd you, they still can try to collect the debt.

They may also file for a deficiency judgment so check your agreement to make sure it clearly states they will not pursue a deficiency judgment. Although they may file, it is unlikely they will not.

What is more likely, is they will continue to pressure you unless you prepare yourself properly. 1) Find that short sale approval letter/agreement to see what grounds they may have for collection. 2) Read it very carefully and look for any wording like "we reserve the right to collect this debt..." or "reserve the right to pursue any and all actions available". 3) If there are any of the above phrases, then you may wish to use an attorney to advise you.

If you have any questions, I have a lot of experience in these matters and can help you a little. You can reach me through my site. I am not an attorney or RE Agent, so I can only give you the benefit of my experience and certainly will not charge you. Good Luck!
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