Yesterday was a good day for my clients. After months of brutal negotiations, we have finally closed the short sale. Naturally, they were very thankful for the completed sale. Their credit won’t take the same hit as a foreclosure, and with their second child just a few months old now, they will be able to realize their dream of homeownership in two years instead of the four to seven wait due to foreclosure. Congratulations to the Logans!
You shall not pass! (aka short sale approved!)
July 14, 2009 By
Like Gandalf in the Lord of the Rings, I had to stop the bank from foreclosing on my client. It took a lot of work, a lot of pleading, a lot of explaining, and there were tears here and there, but we finally have short sale approval. I would venture to guess that my clients at 5827 E Fairfield, Mesa, AZ, 85205 are quite happy. Not only will their credit not be tarnished with a foreclosure, but we have come to a peaceful resolution that makes the buyers, sellers, and the bank happy. This would have been a perfect ending had the buyers still been around, but unfortunately, they had gone on to another property. Such is the business when working with short sales. Fortunately, when we put the property back on the market on Friday, we got two full priced offers today. Are you facing foreclosure? Do you want to short sale your home and prevent the havoc a foreclosure on your house will bring to your credit? Let’s talk!
Mesa is the most boring big city in the US
January 7, 2009 By
According to Forbes magazine, Mesa is the most boring big city in the US. I don’t necessarily agree since Mesa is quite diverse, and there’s a little bit of something for everybody here. Also, Chandler and Gilbert were on the top 10 list as well. Anyway, I just wanted to open this up for discussion.
Foreclosure/Distressed Property Update for November, 2008
December 10, 2008 By
| Area | Type | Active | Pending | Sold |
| Maricopa County | Overall | 48478 | 5213 | 3850 |
| Bank Owned/REOs | 9680 | 2534 | 1721 | |
| Short Sales | 9761 | 924 | 704 | |
| Tempe | Overall | 997 | 75 | 61 |
| Bank Owned/REOs | 77 | 17 | 13 | |
| Short Sales | 140 | 9 | 9 | |
| Chandler | Overall | 2031 | 263 | 226 |
| Bank Owned/REOs | 260 | 90 | 76 | |
| Short Sales | 507 | 47 | 39 | |
| Ahwatukee | Overall | 747 | 76 | 52 |
| Bank Owned/REOs | 72 | 20 | 16 | |
| Short Sales | 138 | 14 | 5 | |
| Scottsdale | Overall | 5959 | 337 | 265 |
| Bank Owned/REOs | 314 | 83 | 71 | |
| Short Sales | 605 | 60 | 46 | |
| Gilbert | Overall | 2160 | 323 | 243 |
| Bank Owned/REOs | 326 | 120 | 78 | |
| Short Sales | 714 | 80 | 55 | |
| Mesa | Overall | 4417 | 509 | 383 |
| Bank Owned/REOs | 810 | 221 | 150 | |
| Short Sales | 956 | 84 | 80 |
