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Gilbert : Real Estate Advice

  • All286
  • Local Info22
  • Home Buying116
  • Home Selling23
  • Market Conditions9

Activity 220
Wed Mar 2, 2011
Pamela Navara answered:
You cannot predict what they will accept but the bid generally starts at what is owed on the property. Each forclosure is different depending on the circumstances. The original Mortgage Balance of $193,000 was what was borrowed when the loan was originated, not what is owed. I would be more concerned with what it is worth on the market today than what was owed. I would contact a local agent and request a CMA of the property to see what the bank might think is an acceptable offer. Buying a home at the forclosure auction is a roll of the dice but I have had clients who did exceptionally well with buying these types of properties. ... more
0 votes 2 answers Share Flag
Mon Aug 26, 2013
Manny Caballero answered:
I really like Trilogy at Power Ranch for a snowbird.

Trilogy at Power Ranch in Gilbert is an ideal community for adults who want active lifestyle living in a luxurious setting. The finely appointed homes of Trilogy beckon to buyers with refined tastes for upscale living. The community boasts a unique lineup of world-class amenities and fun activities such as wine tasting and culinary classes.

Trilogy at Power Ranch is uniquely different from other mainstream active adult communities. A Center for Higher Learning promotes a variety of continuing education classes such as computer training, history and photography. The state-of-the-art culinary teaching kitchen offers a variety of hands-on cooking and demonstration classes. Regardless of your experience level, the educational classes at Trilogy provide you as much or little expertise as you want to improve your knowledge and skills.

Trilogy at Power Ranch Amenities

A 27,000 square foot recreation center is the central hub for all community amenities and social activity. It includes a state-of-the-art fitness center, two outdoor pools, hobby studios, computer lab, movie theater, cyber cafe and library. Outside, the grounds of Trilogy are adorned with walking and biking trails, tennis courts, bocce ball courts and a championship golf course.

The 18-hole Trilogy at Power Ranch Golf Club designed by Dick Bailey stretches over 6,700 yards. The par-71 course meanders through the Queen Creek wash following the subtle elevation changes of the area. Natural undulations and strategically placed mounds combine with Trilogy's natural setting to create a golf course that is able to both challenge the accomplished player and accommodate the novice.

Trilogy homeowners have the convenience of two dining options in their community. The Lantana Grill at the Trilogy Golf Club offers fine dining with a full service menu. The Cafe Santa Fe offers casual dining during the day including a variety of home made soups, salads, wraps, pies, and other bakery items.

Manny Caballero, Broker, CSSPE
480-695-6485
http://proactiverealestateadvisors.com
... more
0 votes 1 answer Share Flag
Thu Apr 14, 2011
Spirit Messingham answered:
Earnest money is what ever you feel comfortable making. In general, sellers see it the higher the # the stronger the offer, but of course that is not the only thing they consider. In this market, I am seeing FHA offers with 1-2% but understand there is no standard or norm. ... more
0 votes 1 answer Share Flag
Tue Feb 1, 2011
Dave Griswold/ Lisa Payne-Griswold answered:
Hi Todd, We'd have to say extensive experience with dealing with mortgage companies and banks.
Mortgage knowledge in general.
Time, AN Agent has to have time to sit and wait on the phone calling the banks.
Paperwork knowledge knowing whats needed as a rule even though the different banks sometimes ask for different documents, updating paperwork
ability to keep all parties involved in the loop.
understanding of a HUD with enough knowledge to know how to write one as most banks ask for it.
BPO experience
and knowing that no matter how hard you work on them only about 5% go to close. Banks just want to hang on to them til the end of time.

All the Best
Dave & Lisa
... more
0 votes 10 answers Share Flag
Thu Apr 14, 2011
Todd Hall answered:
I work with a great accountant/planner here in Gilbert. I'd be happy to give you his name/number.

Feel free to email me at thall@3jdgroup.com, or call at (602) 492-1565.

Thanks, ... more
0 votes 2 answers Share Flag
Thu Jan 6, 2011
Doug McVinua answered:
Arizona Home Buyers:

What is it that you want a Realtor to do for you?

What is it that Realtors do that you like?

What do Realtors do that you don't like?
0 votes 3 answers Share Flag
Sun Feb 5, 2012
Stephanie Weiss answered:
I think so but I may be biased :) Not sure why you're buying if it's to retire or for a job or just a change of scenery but if you're looking for a home, you could not have picked a better time! Good luck!! ... more
0 votes 25 answers Share Flag
Mon Jan 3, 2011
Phil Rotondo answered:
A probate sale is when the owner of record on a home dies and leaves the property behind. The court then has to proceed with the probate process to administer the last will and testament of the decedent. Once the last wil and testament are probated and recorded the property can be sold.
A no contingency offer is, in most cases, an as-is cash offer which has no terms or conditions for sale.
... more
0 votes 7 answers Share Flag
Wed Dec 5, 2012
Greg Urroz answered:
I have assisted Canadian buyers purchase homes site un-sceen. If you would like references contact me. I will give you their names and contact information.
0 votes 15 answers Share Flag
Mon Nov 15, 2010
Jeffrey Austin answered:
Good morning,

I'm the broker/owner for Real Estate Homes, LLC. Two of my experienced agents are from Canada and most of their clients are Canadian investors. They would be more than happy to educate in any home investment questions you might have. If you register on our site, be sure to mention you are a Canadian investor.

Jeffrey Austin, ABR, CRS, GRI
Designated Broker/Owner
Real Estate Homes, LLC
www.newresalehomes.com
... more
0 votes 11 answers Share Flag
Mon Sep 16, 2013
Anna M Brocco answered:
In order to best protect yourself do consult with an attorney who specializes in real estate before your short sale, and for any tax related questions you may have, do consult with your your tax professional and or tax attorney. ... more
0 votes 9 answers Share Flag
Mon Oct 25, 2010
Patty Fisch answered:
Hi Jack,

There is a rental which has a washer and dryer as well as 3 for sale, but these do not come with washers and dryers. See link below for more info...

http://www.flexmls.com/link.html?rmqe0me76px,12,1 ... more
0 votes 4 answers Share Flag
Wed Jan 5, 2011
Rudy McDowell answered:
Hi, Apollo Creed

If you're in a FHA mortgage, been current on your payments for the last 12 months, have paid down 25% of the original mortgage, and can document your need for a larger home, you can go FHA. ... more
0 votes 3 answers Share Flag
Mon Jun 3, 2013
Kerri Billingsley answered:
Kevin@ubgrealestate.com

This is the email of an agent in my office who is in the auction trenches everyday. He may know who to get you with?
0 votes 7 answers Share Flag
Sun Sep 12, 2010
Zmh1423 answered:
I should clarify that these two homes are priced identically but the newer home would come out to be about $100 more a month. Is it worth in the long run as far as resale goes or will it not make too big of a difference? ... more
0 votes 12 answers Share Flag
Wed Aug 11, 2010
Jeremy James Jack answered:
Savagman,

You need to negotiate this in the purchase contract, that way you don't get into a situation where you have paid for inspections etc... and then you have to walk away because you could come to an agreement on who pays for what...Good Luck! ... more
0 votes 2 answers Share Flag
Thu Oct 21, 2010
David Dion answered:
Power Ranch is always a good option. Masterplanned community, K-8 school in the community, shopping and dining close by, decent freeway access, tennis courts, community pools, walking and biking trails, huge grassy areas, lots of trees, basketball courts, volleyball, catch and release ponds, etc... Also, there is a shortage of larger homes, as many families losing their homes to foreclosure are looking for larger homes, not your typical rental home.

I have another website that works really well with investors, as it sorts by community and price per square foot, giving you an easy way to locate the better priced homes by price per square foot.
... more
0 votes 12 answers Share Flag
Fri Jul 30, 2010
Patty Fisch answered:
This home is actively listed for sale. The home last sold on 7/29/05 for $387,000 and currently has a foreclosure notice. The home is listed for sale as a short sale - meaning the current owner owes more than the property is worth, so the bank will need to agree to the terms of the sale. Short sales mean the bank comes up short - but they can take a long time to close. Average is ~4 months ... but vary from 2 months to over a year ... some never close if all parties cannot come to an agreement. I've provided a link below with more pictures and information.... ... more
0 votes 4 answers Share Flag
Sun Jan 30, 2011
Dawn Richardson answered:
I would contact Citimortgage back and clarify with them that you are listing the husband for your husband and that you want it in writing that they will pay you a commission. Also, verify with your Broker to see if you need it in writing and submitted to your Broker.

You have to have someone in your office list the home because it may be considered a conflict of interest.
... more
0 votes 22 answers Share Flag
Wed Aug 15, 2012
Scott Godzyk answered:
Most banks will only insist at looking at 1 offer at a time. The seller and their listing agent should solicit offers, onc ethey have one that meets a good price and terms, they should sign it being contingent upon their banks approval and submit it with teh short sale package to be approved.

Some banks insist that all offers be submitted as they come in, most listing agents will soon find this only slows teh process down and makes it nearly start over each time a new offer is submitted so they will say take offers for a week and then submit the best one, holding other offers in case the first backs out or is rejected.

Short sales can be easy or tough, it depends on teh expereince of the listing agent and negotiator.

please see my blog for more short sale information you should know


http://www.trulia.com/blog/scott_godzyk/2010/06/how_to_get_a_short_sale_approved


HOW TO GET YOUR SHORT SALE APPROVED...
... more
0 votes 13 answers Share Flag
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