Buying Phoenix Foreclosures

maybe the WORST LISTING EVER!

Foreclosures

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Last week I came across a home – listed for sale in MLS – that might take the cake as the worst listing ever.  Fortunately I had my camera with me.  I’m not going to count things outside the sellers’ control against them, such as the run-down neighborhood, the functional obsolescence, or the busy street [...]

28 July 2009 Read the full article →

More on Landmark Towers

Buyer Help

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WOW! I’m still getting truly awesome comments from readers over at my old blogsite about the Landmark Towers. (one-half of this blog used to be at www.NorthPhoenixAgent.wordpress.com). I hadn’t paid attention to the old blogsite’s comments in a while and did I ever miss out! I’m reprinting all the comments here. They’re in order from [...]

6 June 2009 Read the full article →

Foreclosures: Read the Fine Print

Buyer Help

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Buyers should read the fine print on bank addendums very carefully before agreeing to complete the purchase of a foreclosed (“REO”) home. I’m reading a bank’s REO Addendum now and I’ve got 2 problems with it.  1) It removes the buyer’s financing contingency after the “Financing Commitment Date.” 2) The actual Financing Commitment Date is [...]

28 May 2009 Read the full article →

Too good to be true Phoenix MLS prices

Buyer Help

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Actually, the MLS isn’t wrong. It’s correct, technically. But it’s also deceiving. And the MLS data that’s viewable on public websites via a data feed is even more deceiving. Take this ad for example. Yesterday, a buyer asked us to show him this home which he’d found online. (for all pics in this post, click [...]

9 May 2009 Read the full article →

Homes for Under $25,000 ??

Buyer Help

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Buy a Valley home for under $25,000? (map courtesy of FlexMLS. Click to enlarge, use browser’s back button to return) The map above shows the homes (single family detached only) in the greater Phoenix area, with list prices of $25,000 or less, that sold between March 25 and April 25 of this year. Each blue [...]

29 April 2009 Read the full article →

Buyers having hard time getting accepted bid

First Time Buyers

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I’m helping a first time buyer shop for a house on the near-Northwest side in the under-$70,000 price range. She wants at least 3 bedrooms, 2 bathrooms, and must have a backyard (big! dog!). We’re shopping from 19th Avenue to about 83rd Avenue, and from Peoria road north to the 101. We’re searching inside the blue [...]

28 April 2009 Read the full article →

Wall Street Journal Quotes The Phoenix Agents

Buyer Help

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To readers who found us via Realtor Heather Barr’s quote in today’s Wall Street Journal article “Bargain Hunters Descend, Cash in Hand”, welcome! We’re glad you’re here and hope you enjoy our blog content. Long-time readers who aren’t Wall Street Journal subscribers might have missed our mention.  The story is behind the WSJ’s subscription firewall [...]

25 February 2009 Read the full article →

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