BEAUTIFUL, WELL KEPT, 3 BEDROOM HOME ON VERY PRIVATE CUL-D-SAC LOT IN QUIET NEIGHBORHOOD. THIS HOME IS NEAR SCHOOLS, SHOPPING AT PARADISE VALLEY MALL, GOLF, AND FREEWAYS....
BEAUTIFUL HOME LOCATED ON ELEVATED OVERSIZED PIE SHAPED LOT WITH RV GATE/PARKING, TENNIS/SPORT COURT, TETHERBALL, GAZEBO & MATURE LANDSCAPE. THE HOME HAS A NICE FLOORPLAN...
The Scottsdale and Phoenix Metro East freeway corridor along the eastern edge of Scottsdale is quietly becoming an area of explosive real estate growth. From the Chicago Cubs proposed new spring training facility on the south, north past resort casinos, Arizona Diamond Backs /Colorado Rockies state-of-the-art spring training facility, the Scottsdale Airpark, to the Phoenix PGA Tour Open Golf tournament, and on north past subdivisions of golf community homes, to the high end resort areas around Carefree…..this 30+ mile long corridor is ready to explode.
There are a great many HUD homes presently for sale in the Phoenix Metro Area. If you have never heard of this government agency, HUD stands for Housing and Urban Development. How does HUD acquire these homes? HUD protects lenders against loses through FHA loans. When borrowers default on home loans, lenders can turn to FHA for re-imbursement. After paying the lender, HUD then acquires the home.
HUD homes are made available for sale to the public through automated bidding on a website. Bids must be submitted on the web by HUD certified buyer’s real estate agents. These agents must understand the process before becoming certified by HUD. When buying HUD homes for sale in the Phoenix metro area, HUD recommends getting help from professionals. Buyers should speak to mortgage lenders experienced in making loans for HUD homes, and are also familiar with the bidding process. Buyers should seek out real estate agents familiar with the HUD home buying process. Because HUD homes are sold on an “as-is” basis, professional home inspection is recommended so buyers will understand the present condition of the HUD home for sale.
We explain more about How to Buy HUD Homes in Phoenix in another blog. In this blog we cover such topics as: financing / loans available, how to make an offer on HUD homes for sale, getting help from professionals, appraisal requirements, home inspection requirement and much more.
To find a HUD home that’s just right for you, search the realtor MLS data base for all HUD homes presently for sale in the Phoenix Metro Area This is a ONE-CLICK search of the same MLS system real estate agents use every day - Always current - Always up to date.
Looking for a PHOENIX AREA home or rental?
LOOK WHERE ARIZONA REAL ESTATE AGENTS SEARCH – THE OFFICIAL FLEXMLS DATA BASE – THE SAME SYSTEM REAL ESTATE AGENTS USE EVERY DAY – ALWAYS CURRENT – ALWAYS UP TO DATE
“MY LANDLORD SAYS THEIR RENTAL HOUSE IN PHOENIX IS GOING INTO FORECLOSURE AND I HAVE TO LEAVE IMMEDIATELY. CAN THEY DO THAT?”
Because of rapidly growing numbers of foreclosed homes in Phoenix, Scottsdale and other cities in the Metro area, real estate agents have been receiving increasing numbers of telephone calls from tenants caught unaware of the looming foreclosure of their rental home. Prospective tenants are now asking, ” Is the landlord behind in payments? Are they in danger of Foreclosure?” The “ProtectingTenants at Foreclosure Act”, a Federal Law, ensures tenants receive proper notice of rental home foreclosure and protects them from abrupt or improper removal from the home.
Under this Act - Public Law No: 111-22 (S. 896E) (Enacted: May 20,2009) – a new property owner cannot evict a month-to-month tenant for 90 days. When there is a lease in effect the new owner cannot evict until the tenant’s lease ends. With one exception, when the new property owner is going to use the rental property as his or her primary residence, in this case the new owner must give the tenant 90 days notice. For more information, click HEREto see a one page excerpt from the law. A copy of the full Public Law 111-22 ( all 73 pages ) can be seen here. If you have further questions, you should consult a Real Estate attorney.
Looking for a home or rental? Please use the search in the column on the right. Here you can search for homes in Phoenix, Scottsdale, Mesa, Glendale, Chandler, Tempe and many more cities in the Phoenix Metro area. We also specialize in Foreclosed and Short Sale homes in the Phoenix metro area. For a free list of Foreclosed and Short Sale homes please drop me an email.
The market for single family homes for sale in Phoenix Arizona has radically changed. The increasing number of Foreclosed and Short Sale homes for sale in Arizona continues to bring pressure on home owners who need or would like to sell their home. Real estate industry experts are predicting that fewer people will have credit scores good enough to qualify for traditional mortgage loans, because of foreclosures and bankruptcy.
However, home owners who want to sell have another option available - Owner Carry Financing. If a Seller is willing, this approach can create a revenue stream that is extremely low maintenance. Additionally, this approach will “ open the doors “ of home ownership to many more potential buyers.
I’ve got some, You want some, You buy some, I sell some. We’re both happy! But wait a minute……I’ve got some, But you don’t want any! Not so good for me! Wait ! I’ve got some, You want some but can’t afford to spend money just now ! What if I lower my price? Ummm, well, maybe. Lower my price again? Ahhhh……not just yet.
And so it goes, SUPPLY AND DEMAND……. One Of Civilization’s Oldest Laws is Hard At Work the Phoenix Area Real Estate Market. As realtors, one of the questions we hear regularly is, “ How is the Phoenix real estate market these days? When do you think it will get better? “ Unfortunately, as one agent speaking to a realtor audience about market conditions said, “I can see very well in my rear-view mirror……but not so well through my windshield.”
Living near a vacant home doesn’t have to mean putting up with overgrown grass and unshoveled snow. Does your community use these eight common local laws, programs, and regulations to force owners to maintain vacant homes?
With the foreclosure crisis, you may have noticed a vacant home or two on your block. Rather than see the home free-fall into disrepair, push local officials to take action before the untended house lowers the value of your own home. Continue reading →
With foreclosure rescue scams widespread as more homeowners fall behind on mortgage payments, be smart if you seek help.
A record high 2.8 million properties were hit with foreclosure notices in 2009, putting even more Americans at risk of facing foreclosure rescue scams. Homeowners who fall behind on mortgage payments need to tread carefully when seeking assistance, since foreclosure rescue scams come in many guises. A day spent researching legitimate options, from a mortgage modification or principal forbearance to a short sale or deed-in-lieu, could keep you from becoming a scam victim. Continue reading →
Foreclosure counselors can make the difference between losing your home and keeping it. Here’s how they work and how to choose one.
If you’re facing foreclosure, your foreclosure counselor will be a key part of your foreclosure team. As you start looking for one, however, you need to know what exactly they do, what they don’t do, and how to choose one who’s legitimate and qualified.
What a foreclosure counselor does
• Reviews your finances
• Helps you establish a budget
• Explains your non-foreclosure options, such as loan modification, short sale or deed in lieu of foreclosure; helps you navigate the process with any chosen option
• Advocates on your behalf with lenders and loan servicers Continue reading →
Add attic insulation to lower heating and cooling costs by as much as $600 per year.
Save about $600 per year by boosting the amount of attic insulation from R-11 to R-49. Depending on the type of materials you use, figure on paying an insulation contractor about $1,500 to insulate an 800-square-foot attic, which pays back your investment in three years. You’ll spend about half that to do the job yourself.
Do you need more attic insulation?
A good, quick way to check if you need insulation is to look across your attic floor. If the existing insulation comes up just to the tops of the joists, then you probably need to add insulation. If you can’t see the joists and the insulation is well above the tops of the joists, you’re probably okay and you won’t recoup the cost of adding more. Continue reading →
Buyers only get one first look at a property, and they don’t want to use their imagination. They assume the house they see is as good as it’s going to get. If you want your home to sell, step out of your comfort zone and think like a buyer. Here are three ways to help you turn your house into the home of someone else’s dreams. We’ve broken down each category into low-cost, “Basic” tips and tricks, and an “All-Out” blow-the-budget transformation. How far you take it is up to you. Continue reading →
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