I find myself working the Scottsdale rental market more often these days than in years past. With a large percentage of the populace having been converted from homeowner to renter after selling a home short or losing it to foreclosure (thus, effectively eliminating themselves from the buyer pool for the foreseeable future due to credit…
Tag Archive: foreclosure
The Day the Deal Stood Still
The closing table is no place for incompetence. The crescendo to a Real Estate transaction, the signing of loan documents and the final settlement statement is representative of a successful navigation of the escrow obstacle course. If it were a cinematic experience, an empowering musical score would soar over the montage of conquered struggles that…
The Scottsdale Real Estate Investor: Bacterium or Probiotic?
Real Estate Investor. The phrase alone inspires a host of reactions that run the full gamut between antipathy and, well, slightly lesser antipathy, depending on the audience. As any semi-interested news watcher and industry blog reader can attest, the Real Estate investor is the greatest scourge to befall our fragile ecosystem since polybutylene plumbing. What,…
I Had a Choice … And I Made It.
Picture a bowl of primordial soup. No, really picture it. What does it look like? I see a gelatinous, gray gumbo of sorts. The contents within completely impervious to the light of the sun underneath an opaque, spoon-devouring outer layer. I don’t need to make out the individual invertebrates that I sense roiling about the…
Selling Homes and Nailing Things to Trees
My wife has an affinity for collecting quotes. Whether humorous or inspirational, on fridge magnets or flowery stationary, she likes having the visible reminders nearby as a lifeline to help pull her out of whatever malaise she may happen to find herself mired in at a given moment. Truth be told, prone as I am…
Falling Equities … Are Realtors to Blame?
Credit crisis. Foot dragging financial institutions. Risky Loans. All are usual suspects in the housing market debacle of 2007-present. What responsibility do we agents bear for tumbling home equities?
Short Sale Negotiation: Is There a Fox in Your Henhouse?
Short sale negotiation has become a cottage industry here in Scottsdale and the greater metro Phoenix area over the last few years. Of course, every cottage has a leaky pipe or two.
Has Housing Found It’s Legs? The Summer (And the Chicken) Will Tell.
Is the local housing market in the greater Phoenix and Scottsdale area poised for a recovery? The tic-tac-toe playing donkey says, “sorta.”
Short Sales, Foreclosures, Resales … Huh?
Times were you looked at a few houses, found one you liked and made an offer to the current owner. After a bit of haggling, you settled on a price that both parties could live with and away you went. Easy as pie. In the current landscape, however, buying a home is not always that…
New Construction Vs Bank Owned Homes – A Brewing Battle?
It is an inevitable starting point for many buyers right now. Before I can finish saying hello, I am bombarded with requests to see bank-owned and short sale housing. Frankly, were we to change places, I would most likely do the very same. I am aware enough of the opportunities this market has created in…
