Saturday, December 12, 2009

A Phoenix Short Sale is a Real Option For Homeowners Who Find Themselves Under Water

If you live in the Phoenix Arizona area and have fallen on hard times, you may find yourself in a situation where you must sell your home. A short sale is a solution for many who meet the qualifications. You will need a reputable realtor with experience in short sales to help you negotiate the process. They will also do their best to quickly find a buyer for your home, so that you can get out from under the financial stress.

While the process can get lengthy and often does, it will go much more smoothly if you choose an experienced certified in short sales real estate agent that thoroughly understands the process. It is their job to find a buyer for your home, and a reliable agent will handle all of the details they possibly can for you. With the declining economy and tremendous job loss currently being experienced, many homeowners now find that they simply cannot pay their mortgage any longer. If you live in Phoenix and this describes you, learn more about the short sale process.

How does the process work? Here is a basic explanation:

1. In order to choose a short sale, you must qualify. Qualifying may include proving that the market value of your home has dropped. In addition, some lenders will consider this option if your mortgage is in or near default. You should also be ready to prove that you have fallen on hard times, and this does not mean spending your money foolishly. An example of a hardship would be: Loss of employment, death, divorce, unexpected medical bills, bankruptcy
2. You, as the seller, sign a listing agreement with a realtor who is experienced in the short sale process. The agent should then attempt to find a buyer who will make an offer for less than the balance of the mortgage.
3. As the seller, you will be responsible for accepting the offer of the buyer.
4. It is then up to your lender to decide if they are willing to accept the buyers offer.
5. The lender either accepts or declines the offer. If accepted, the lender will release the lien and you, as the seller, will give the buyer the deed.

If you do consider a short sale for your Phoenix home, be aware that your credit will be affected, but it will not be completely ruined as it would with foreclosure. With a short sale, you can generally purchase another home within 18 months to two years, whereas a foreclosure makes it nearly impossible to buy another home for about 5 to 7 years. Foreclosure is also embarrassing to many people, so taking this route helps you avoid the stigma.

Does a short sale sound like a good solution for your problems? Contact a reputable and experienced Phoenix realtor, who can explain the process in detail and help you make an informed decision.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Saturday, December 5, 2009

Glendale Arizona Short Sales – How Sellers and Buyers Benefit

In Glendale Arizona, just as with the rest of the nation, people are losing their homes. Jobs are scarce, and unemployment rates are soaring. If you find yourself unable to pay your mortgage, a qualified realtor can help you make some wise decisions as to whether a short sale may benefit you. They can also help negotiate the sometimes tricky details, so that perhaps you can avoid foreclosure.

For buyers, the housing market is paradise! Home prices are at their lowest in years, which means you can get a real bargain on a home. Short sales in Glendale Arizona benefit both sellers and buyers, although you may sometimes hear otherwise. However you look at it, the buyer is going to get a deal. For the seller, while your credit won't be completely left intact, it may not be completely ruined. In many instances, deciding on a short sale means that you may purchase another home in as little as two years. With foreclosure, the time period is usually 5 to 7 years!

A short sale is usually negotiated between the seller, their lender and the sellers agent. There are quite a few details to be worked through and sorted out, and the process can get pretty lengthy. This is where an experienced Certified Arizona realtor comes in. They have been through all of this before, and can help make the process less complicated and lengthy. Think of them as a 'negotiator' on your behalf.

Another benefit to the buyer is that they offer a price for the home. Of course, anything that is ridiculously low would be refused by the lender, but the buyer can often get a home at 30 – 40% lower than the normal asking price would be. This means that if you could not afford a $300,000 home previously, you may now be able to get a home in that price range for around $200,000. Quite a substantial savings!

In Glendale, whether you are a buyer or seller, you want to know all you can about the short sale process. This helps avoid much confusion and anguish. Many times, people get frustrated or lose patience with the process. If you are a seller who can no longer pay your mortgage, or a buyer looking for your dream home, contact a reputable Certified Distress Property Arizona real estate agent today. It will help make the entire process one you can endure!
Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Tuesday, November 24, 2009

Short Sales Allow Phoenix Homeowners to Exit With Fewer Worries

Many of life's problems can cause a homeowner to become upside down with their mortgage. A death in the family, divorce, or losing your job can mean that you can no longer afford your home. In Phoenix Arizona, short sales help those who are desperate to get out from under their mortgage payment do so without facing foreclosure. While having to sell your home is never a pleasant experience, you want to do the best thing for yourself and your future.

How does a short sale work? A certified reputable realtor to help you through the process is advised, as it can get lengthy if you go it on your own. Foreclosure sticks on your credit rating for years, and often prevents you from purchasing another home. No one wants to go this route unless there is just no other option; fortunately, a short sale may be your best bet. If your bank is willing to sell your home at a loss, then you find a good real estate agent to find a buyer for your home.

What often gets lengthy is going through the process of locating a buyer for your home. The buyer proposes an amount they want to pay for your home, then the bank must approve it. If the buyer offers a ridiculously low amount, the bank may decline the sale. Then, it's start over from step one. When you hire a Certified Distressed Property Realtor who is experienced in the short sale process, they know how to handle buyers, lenders and anyone else involved so that no time is wasted. You want to get the ball rolling, and hiring an agent is your best bet.

Why would your bank settle for less than what is owed on your home? They would rather take a loss than have a home sitting empty. If the buyer comes up with an amount that is acceptable, you have sold your home. This means that you can get out from under those monthly payments without completely destroying your credit, and without the embarrassment some feel when faced with foreclosure.

The truth is, banks deal with money and do not really want to own property, which is what essentially happens in foreclosure. They would rather get a fair market offer, and when a buyer offers an amount in this range, that is often all it takes. Do you live in Phoenix and find yourself in dire financial straits? Consider a short sale, and hire the best realtor you can find to assist you in finding the perfect buyer for your home!

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Monday, November 16, 2009

Arizona Short Sales in Scottsdale

Most people know that Scottsdale Arizona is an upscale area where you will find lavish, elegant homes. Short sales have become popular over the past few months, due to the economy and housing market. What does this mean for you, as a buyer? You can get a home that was most likely beyond your price range previously. When you are dealing with this process, having a certified, reputable and experienced realtor helps make the negotiations much quicker and seamless.

Why would homeowners be selling their homes for prices that are affordable? The economy has caused many people to lose their jobs, and all over the country people are having financial hardships. This happens, even to the wealthy! They find that they cannot pay their mortgage, and don't want to face foreclosure. In Scottsdale, finding a short sale home can mean that you get a lot of house for your money!

An Arizona real estate agent who is certified and experienced in this area can help make what can be a lengthy process much simpler. Why do short sales have such a bad rap? Because it can take a long time, and you are dealing not only with the seller, but their lender and agent as well. When you determine how much you want to offer for the home, the bank makes the decision on whether it is an acceptable amount. This can all get exasperating, but a good agent will represent you to insure that everything runs smoothly.

Foreclosure not only ruins your credit, it can also be very humiliating for some. Those who live in the Scottsdale area are people too, and bad things can happen. When tragedy strikes and a homeowner can no longer afford their home, they must take action. Short sales help them get out from under their mortgage, without completely destroying their credit. While it is a sad situation, it is the chance of a lifetime for a buyer to get a beautiful, lavish home at a steal!

If you are considering purchasing a home in the Scottsdale Arizona area, you would be well advised to have a highly qualified real estate agent help you locate available homes. One who knows the area and what you are willing to spend can help you find a great deal, and make the transaction much less stressful and confusing. Short sales, when handled properly, are a wonderful opportunity for a buyer! Don't let the opportunity slip away from you.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Tuesday, November 3, 2009

Why Phoenix Arizona Sellers Prefer Short Sales Over Foreclosure

The housing market continues to decline, and more people are finding themselves under water. In Phoenix, Arizona, people are selling their homes because they can no longer afford the mortgage. While foreclosure is an option, short sales are fast becoming the more frequently chosen route. Why? This article will explain the benefits so that anyone who finds themselves in this position can make an intelligent decision.

Due to the declining housing market, many homes are now worth less money than they were when the owner bought the home. If a homeowner gets behind on their monthly payments, they are unable to refinance since the home is worth less. Many feel at this point that foreclosure is the only option, but Phoenix realtors have noticed an increase in short sales. This is advantageous for the seller in several ways.

One advantage is your credit rating. While a short sale does have a negative impact on your rating, it is less severe than foreclosure. When you go into foreclosure, your credit rating drops by 250-280 points, and you usually cannot purchase another home for at least 36 months, usually 4 years or longer. When you choose to go the short sale route, your credit score is reduced, but it is usually around 80-150 points and you may qualify for another mortgage in only 18-24 months.

Perhaps the most attractive benefit of a short sale is that if you do sell your home but the selling price isn't enough to satisfy the mortgage, the bank or lender will often forgive the shortage. This route is beneficial for the lender as well, because he doesn't have to endure the process of foreclosure. While the process can be a little more lengthy and annoying for those with little patience, a reputable Phoenix real estate agent can take care of the details and transactions for you, which often speeds things along.

There are some other benefits when you decide to take this route as well. Sellers usually have time to make other living arrangements, and may stay in the home during the sale. Avoiding foreclosure is a relief to many, and saving face by not having to file bankruptcy is important to many people. If you find yourself in dire financial straits and wonder if a short sale would benefit you, contact a highly-qualified Arizona realtor today. Your future may depend on it!

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Thursday, October 29, 2009

Selling Real Estate in Phoenix - Reasons You Should Consider a Short Sale

When you are looking to sell a home in the Phoenix Arizona area, you may want to consider contacting a reputable realtor to learn about the benefits of a short sale. Current economic conditions have led to fewer people purchasing homes, which makes it more difficult when you want (or need) to sell. If you find yourself in financial straits and paying your mortgage is a problem, this may be a viable solution for you.

No one wants to go the foreclosure route. Not only can it be embarrassing, it destroys your credit and ability to make any substantial purchases in the near future. When a short sale offer is structured and negotiated properly, there is often no need for the seller to wait for the buyer to obtain financing or make repairs while every minute that goes by is bringing you closer to bankruptcy. Some people don’t even consider a short sale because they have heard that the process takes forever. In some cases it can, but a qualified and highly experienced Phoenix real estate agent can help you avoid much of the red tape so that the transaction is handled as smoothly and swiftly as possible.

Another benefit of short sales is that you, as the seller, do not have to spend money you do not have trying to “fix up” and repair. These things are typically handled by the seller, but in this instance a home is frequently sold as is, which means the buyer will be responsible for making any changes they desire to the home.

A short sale does affect your credit rating, but usually isn’t nearly as devastating as bankruptcy or foreclosure. By going this route, you will most likely be able to purchase another home in just two short years, whereas with bankruptcy or foreclosure your credit is completely obliterated, and it is normally about five years before you can purchase again.

Finances and money are tough issues for many people today, and paying your mortgage can often become a burden that is too much to bear. If you live in Phoenix and surrounding areas and are looking to get out from underneath your mortgage, contact a well seasoned and knowledgeable Certified Distress Property Professional Realtor to help you determine if going the short sale route may be the answer to your prayers.

Friday, October 23, 2009

Buying & Selling in Phoenix and Surrounding Areas - Benefits for Buyers and Sellers Alike

Whether you live in Phoenix, Glendale , or Scottsdale Arizona and are considering buying or selling a home, there are many benefits of short sales for both ends of the spectrum. You may have heard negative things about the process, and there are a few. However, the positive far outweighs the negative. This article will explain more, so that no matter which side you are on you will have a better understanding of the process.

You may have heard that a short sale is a lengthy process, and truthfully, it can be. However, for the buyer having patience pays off in the end, because they often get a home that they could not have afforded previously at a lower price than comparable homes. An experienced and knowledgeable Arizona realtor can help you determine if this may be a good solution for you, and can often help make the process much quicker.

By working with a seasoned Phoenix real estate agent, the buyer can rest assured that the realtor has in-depth knowledge of all homes that may qualify for a short sale, and that they will negotiate to obtain the best prices and terms possible. In the end, you can expect to get a great home for you and your family at a substantially reduced price. Patience pays off, especially when it comes to the biggest investment you may ever make.

As far as the seller goes, there are many advantages to short sales in the areas of Glendale, Phoenix, Scottsdale and other nearby cities in Arizona. Current economic conditions have left many people strapped financially, and they find that they are simply unable to meet their monthly mortgage. Filing bankruptcy may be something you are considering, but beware that this is a devastating step to take. Not only might you face embarrassment, your credit will be ruined for years to come.

For sellers, Arizona short sales are often a life saver. Not only can you often sell your home without completely tearing apart your credit, you can often avoid paying the mortgage while negotiations are taking place with a buyer. Be aware that your credit will be damaged, but you will likely be eligible to purchase another home in just two short years. Another benefit is that as the seller, your home will most likely be sold in the condition it is currently in, meaning you do not have to face spending additional money for repairs.

Whether you are in the market to purchase a home or want to sell the one you have, a short sale may be just what you are looking for if you qualify. Speak with an experienced Arizona realtor today, and learn more about the process.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Sunday, September 20, 2009

Searching for a Home in Phoenix, AZ? Consider Short Sales, and Save Big

Searching for a home in Phoenix? You may want to consider contacting a reputable certified Arizona real estate agent to help explain the short sale process to you. While price may not be that big of a problem for you, the opportunity to save a bundle of money usually sounds appealing to anyone! An increasing number of homeowners are having trouble paying their monthly mortgages, which means substantial savings for those looking to purchase a home.

Those who are unable to meet their mortgages would usually rather sell their home through the short sale process than to go the foreclosure route. Why? With a short sale, although it does affect the sellers credit, it does not completely destroy it like foreclosure does. Most people are eligible to purchase another home within two years, which is a much better situation than having to wait seven or more. These homeowners can also avoid the embarrassment and social stigma that often comes with foreclosure.

For you, a Phoenix short sale simply means that you can save more money than you ever imagined when you are looking to purchase a home. Many people avoid this process due to the fact that it can get confusing and lengthy, but that is ok. This simply means that there are more houses available for you to choose from! If only they knew that having an experienced and knowledgeable Arizona realtor could help make the process so much quicker and easier, perhaps they would think twice.

The simple fact is that the lender would rather get some money against what is owed on the home, and will negotiate the price. Phoenix short sales involve working with the seller, the sellers lender, and the sellers agent, which can get involved. This is why having a realtor to represent your interests is important. It will also save you a huge amount of time and headaches, as the realtor can handle everything for you.

While it is true that the economy has had negative effects on nearly everyone in some way, there are a few good points. When it comes to buying a home, there has never been a better time. If you want to save a good deal of money, you should buy now while the time is right. When the market stabilizes, these low prices will be gone forever. Phoenix short sales are a chance for you, as a buyer, to get an incredible bargain! Contact a well qualified, certified in distressed properties Arizona realtor today, and be in your dream home in no time

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Monday, September 14, 2009

Scottsdale, AZ – How Short Sales Help You Snag a Great Deal

It's certainly no secret that the housing market has plummeted over the past couple of years. What does this mean to you, if you are looking to buy an upscale home? In Scottsdale, a well qualified realtor who is experienced with short sales can help you get the home of your dreams, at a greatly reduced price. There has never been a better time to buy! You do need guidance through this process, as it can get lengthy and you want to complete the deal as soon as possible.

Why can this take so much time? When you decide to purchase a home through a short sale, you will be dealing with the seller, their agent and the sellers lender. The bank must make the decision on whether they will accept the amount you are willing to pay. If you have an experienced and certified distressed property Arizona realtor to represent you, they will handle the negotiations for you which can make the entire process much quicker, increase your chances of a successful transaction – and definitely less stressful on you.

Scottsdale is known for elegant, lavish, upscale homes. The entire area is absolutely gorgeous, but out of many peoples price range. Homeowners who live in the area are having a difficult time paying their mortgages, just as people in other areas are. To avoid foreclosure and completely ruining their credit, they will often decide to go the short sale route. This helps the owner save face, and decreases the damage done to their credit.

To you as a buyer, this means a savings of as much as 40% on the value of a home. For instance, if a home would have sold for $400,000 before the housing market crashed, you may now be able to purchase that home for approximately $240,000 - $250,000. Quite a substantial savings! In essence, this means that for many buyers who would not have otherwise been able to afford an upscale home before, many can now.

The process can take anywhere from two to six months to complete, but much of it depends upon whether you have someone to help you negotiate. When you try handle the process yourself, it will definitely take longer. If you are interested in learning how short sale homes in Scottsdale may be an affordable option for you, contact a reputable Arizona realtor who knows the process inside and out! With the time and hassle saved, you will be glad you did.

Sunday, September 6, 2009

Phoenix Short Sales – Choosing a Reputable AZ Realtor Can Save Your Future

The entire real estate market has taken a huge tumble due to the recent economy, but avoiding foreclosure is something you want to do if at all possible. Phoenix short sales are a good option, and a reputable Arizona realtor can help you through the entire process. A knowledgeable real estate agent can help you avoid ruining your credit, and work out a solution that is best for your particular situation.

Walking away from your home is not advisable in most cases. Falling behind on your mortgage payments is becoming more and more common, and homeowners find themselves depleting their savings trying to keep up. Many find themselves in a situation that leaves them feeling that letting their home go is the only solution. When you try to solve the problem yourself, it can be very stressful. Help is available, and you can often avoid foreclosure and the problems it creates.

If you own a home in Phoenix, a short sale is not always the answer, but for many it is a very attractive alternative. An Arizona real estate agent who specializes and is certified in this area can help you understand the process, and work with your lender to negotiate a lower pay-off amount. One thing that is absolutely necessary is that you get your home down to a price where it will sell in the current market, and an experienced realtor is your best bet in accomplishing this.

Foreclosure absolutely ruins your credit, and prevents you from purchasing another home for years. Not to mention the fact that there is a certain stigma attached, and you often feel embarrassed, as if the whole world knows what you are going through. Unless there is no way around it, this is the very last thing you should do. A good realtor who is experienced in short sales will help in creating a unique marketing plan, so that you can get your home sold in the quickest time possible.

Lenders are becoming more and more receptive to the short sale process. You, as a homeowner, want to avoid bankruptcy or having liens applied to other assets you may own. Financially, you may be in a very tight spot. Is there a solution? Absolutely. Contact an experienced Phoenix realtor who specializes in helping homeowners avoid foreclosure, and face a much brighter future!

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Sunday, August 23, 2009

Phoenix Real Estate – The Pros and Cons of Short Sales

When it comes to real estate in the Phoenix Arizona area, many who are facing foreclosure decide to learn more about short sales, and how they work. No one wants to lose their home, but when financial worries are steadily increasing due to the economy, sometimes we feel we have no choice. This article will give you a clearer picture of the process, so that you may make an informed decision.

When it comes to short sales, you should speak with your real estate agent who will help you with any questions or concerns you may have. You know that foreclosing on a home will ruin your credit, and cause you embarrassment. Add to that the fact that you most likely will not be able to purchase another home for several years, and it simply is not an attractive option.

Here are some of the pros and cons of short sales:


You can purchase another home in only two years, instead of waiting five years. This is probably the biggest motivating factor for most people when choosing a short sale.

Your credit won't be as badly damaged.

You may avoid the embarrassment and stress of the process for you and your family. A short sale as opposed to a foreclosure can also help your neighbors. One less foreclosure in the neighborhood will help the community.


Sometimes there may be a lengthy wait for the bank to respond to the offer.

There may be many potential buyers taking a tour through your home to see if it is something they are interested in, so keeping your house straightened and cleaned constantly may be a chore.

Although it most likely won't be a problem, there is no guarantee that the lender will accept the buyer's offer.

The paperwork can be frustrating. The bank will ask you for personal records, other bank accounts, assets and liabilities, etc. This is done in order to prove your hardship, and additionally they may want a hardship letter in writing from you.

If you don't mind a little extra work, this may be a way for you to avoid foreclosure and all of the nasty things that come with it. Money worries are a huge concern recently, and many are facing the possibility of losing their homes. Before you make a final decision, speak with a reputable certified distress property Phoenix realtor about how short sales may be the best option for you.
Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Sunday, August 2, 2009

Phoenix Homeowners: How Short Sales Can Help You Avoid Foreclosure

Phoenix Homeowners: How Short Sales Can Help You Avoid Foreclosure

The recent downturn of the economy has affected many homeowners in a very negative way. In Phoenix, the

housing market is such that many are facing foreclosure. Short sales can help you avoid this so that you don't

risk ruining your credit. This article will give you more information in order to help you make a smart decision

concerning your home and your credit.

Of course the best solution is to obtain the services of a reputable Arizona realtor certified in distressed
properties to help guide you through the process.
Many areas dealing with real estate are confusing to someone who has not dealt
with these types of issues before, but much stress and time can be saved by getting
professional assistance.

There are numerous costs involved in foreclosure. If you live in the Phoenix area, you may want to consider a

short sale if foreclosure is looming in your future. What this means is that the lender, usually the bank, will agree

to accept less than what is owed against your home. Banks generally prefer to work with real estate agents,

because they have the ability to help minimize the banks losses during the process. It is also very beneficial for

the home owner, as the
process and paperwork is mind boggling, not to mention time consuming. You need
the professional that is actually trained in the process and committed to helping you
save your family from foreclosure

You may wonder why a lender would often prefer a short sale rather than going through the foreclosure

process. The costs involved with foreclosure are tremendous. After you consider legal fees, repairs to the home,

the eviction process and the actual foreclosure itself, these costs can very well exceed the actual value of the

home. An experienced Phoenix realtor can save much time and expense for you as the homeowner, as well as

the bank. It simply makes everything as stress-free as possible for everyone involved.This of course only
happens if the realtor you are working with is trained in this area of real estate
and you are willing to be pro-active in making sure your agent has every statement
and /or documents required from you.

With a short sale, the listing price is determined by the owner and listing agent. The essential difference between

this and a normal listing is the time constraint. A competitive price must be chosen based on present market

because there is limited time before a possible foreclosure sale. While these types
of sales do affect the homeowners credit, it does not have near the devastating impact as foreclosure.

In the Phoenix area, the process is fairly simple. You, as the seller, and the listing agent decide upon an

agreeable price, which should be close to market value. When an offer is submitted and the seller agrees,

necessary paperwork is submitted to the lender for approval If all is agreed upon and the lender determines the

price is sufficient, the transaction closes pretty much as normal.
It is important to emphasize once more that all the statements etc must be presented
to the lender to help them make that informed decision that you are hoping is in agreement
with your plan.If you are a homeowner facing the possibility of foreclosure, talk to a reputable Arizona realtor

today about how a short sale may benefit you.

Friday, July 24, 2009

Mesa Arizona – A Perfect Destination For Real Estate Investment

Mesa is the third largest city in Arizona, and it is no wonder. Everyone who lives in this town loves the convenience and friendly atmosphere, and would not trade it for the world. If you are considering investing in a home or real estate in the area, an experienced realtor can help make the process seamless, saving you much time and frustration.

With nearly half a million in population, this area offers something for everyone. Due to the recent downturn in the real estate market, there are more properties than ever available at rock bottom prices. Whether you are looking for middle or upper class homes or perhaps a stylish condo, you are sure to find the property that suits your style preference and price range.

Mesa is a beautiful town that is within thirty minutes of Phoenix, and shares many activities with its sister city of Tempe. It's beauty, excellent schools and low crime rate also make it one of the fastest growing cities in the United States! If you are looking to invest in real estate or property in Arizona, this is the perfect time. Interest rates are lower than they have been in decades, and the state of the economy has vastly increased the number of homes available. If you don't buy now, you will most likely never get the opportunity to purchase beautiful properties at prices even close to what they are currently.

By choosing a realtor with vast knowledge of the area, it makes the entire process much more simple. A real estate agent that has lived in the area for years knows the demographics, and what properties are available to suit your requirements. He or she can handle all negotiations for you, making the entire process much easier and less stressful. Investing in a home or property is a very big move, probably the biggest you will make in your life. This is why you should choose an agent carefully, to insure you get someone who is willing to work on a one-on-one basis with you to insure your satisfaction.

The quality of schools, area safety, available jobs and proximity of area businesses are all issues that concern you when you are looking to move your family to a specific area. You want to insure that crime is not an issue, and that you children will have the opportunity to attend a school that is known for administering quality education. Mesa Arizona fits the bill, and offers many beautiful homes at outstanding prices. Contact a reputable realtor today, and learn more about this hugely popular city!

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Saturday, July 18, 2009

Investing in Phoenix: Why The Arizona Realtor You Choose is So Important

As everyone knows, homes and real estate in the Phoenix and surrounding

areas have dramatically decreased in price over the past several months. While

this makes it the perfect time for buyers to get the home of their dreams or

invest in real estate, an important part of making the process successful is the

real estate agency you choose.

When you are in the market to buy or sell property, a dedicated realtor will work

very hard each and every day to satisfy your needs. Buying a family home or

real estate is a big step for anyone, and probably one of the biggest investments

you will ever make. Although it is a happy times, it is often a very stressful

process as well. Finding an experienced Arizona realtor will help insure that

everything falls in place, and reduce much of the stress for you.

A good realtor upholds the highest ethical standards, and has a thorough

understanding of the intricacies and nuances of the Phoenix market and

surrounding areas. Whoever you choose should aggressively advocate your

best interests, and remain fully accountable to you. You want the person

handling your interests to be unafraid to negotiate in your behalf in order to get

the very best deal possible for you.

If your most important goal is to find a home for your family or to plunge into

real estate for investment purposes, you want the expertise of an agent who

has extensive knowledge of the area. The real estate agent you choose should

be willing to spend time every day reviewing
Phoenix real estate
options for

you, as a client. In doing so, this means that the more properties an agent

previews for you each week, the better understanding you have of the true

values of the communities in the area.

Being armed with this knowledge will allow your agent to easily match you up

with the best real estate, new home, multifamily property or condo for your

needs. A realtor who has many years of experience in the market and a vast

knowledge of the area is important because this helps them give you sound real

estate investment guidance. You can avoid going into any situation blindly by

having someone with a solid reputation behind them to assist you.

If you are considering a new home or property investment in the Phoenix area,

make sure to find a reputable Arizona realtor to assist and guide you. This will

insure that the process is much less stressful and streamlined, and that you get

the very best deal for your investment.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Wednesday, July 15, 2009

Glendale Arizona Real Estate - Invest In a Town Voted "One of The Best Places

When you are considering the perfect home your family or perhaps investing in

real estate, don't overlook Glendale Arizona. Located nine short miles from

downtown Phoenix, Glendale is known for its reputation for antiques, and its

renowned Historic District. An experienced realtor can give you all of the details

and explain why this city is such a wonderful place to live.

This area is a perfect location for first time home buyers and growing young

families. Glendale is a place that is called home by a diverse population. One

thing people love about this city is all of the activities available. Shop for

antiques in the historic downtown area, play golf on one of 118 golf courses,

visit one of 64 libraries or browse the major museums. There are also twelve

universities, colleges and technical institutes, which is why this area is a fantastic

location to invest.

Investing in real estate is a huge decision for any family. Choosing a home is

probably the most important task you will ever face. A reputable Arizona real

estate agency with years of experience and vast knowledge of the area behind

them can make the entire process stress-free. When you choose a realtor with

your best interests at heart, you can be sure that you will get a beautiful home

or property at a price that is well within your budget.

Glendale is an area that is charming and unique from many other U.S. cities. In

fact, the city itself is older than the state of Arizona! Another factor in the

popularity of not only this city but the entire state is the fact that the sun shines

on average 300 days a year. This means that outdoor activities are always

hugely popular. Desert scenery can be enjoyed along the many biking and

hiking trails winding through the area.

You will find this area totally charming and welcoming. The community enjoys

many events and celebrations all through the year, including the Jazz and Blues

festival in April. There are plenty of boutiques, restaurants and antique shops to

browse and enjoy. As you can see, whether man, woman or child Glendale is a

place that will never bore you for lack of things to do.

Are you ready to find the home of your dreams in a town voted one of the best

places to live? Glendale is the perfect destination for young and growing

families. Let a dedicated Arizona realtor assist you in finding that perfect home!
Maureen Karpinski
Find your

Arizona Property
at Cactus Country
href=>Arizona Homes &


Thursday, July 9, 2009

Scottsdale Arizona – Live in Luxury You Can Afford!

Scottsdale Arizona has long been known for its luxurious home and condos.

Although prices are higher in this area, they have decreased dramatically,

making it a buyers market. A reputable real estate agent can help you choose a

property that is perfect for you and your family, and well below the prices of

just two or three years ago! Why should you buy now? Because it is very likely

that the chance will be gone one year from now, if not sooner. This is the magic

time to get the deal of your life.

In April of this year, home sales in the Scottsdale were up 12% over the same

month last year. Interest rates are at historical lows, prices are low and supply

is up from normal. What does this mean for you? A stupendous deal, and one

that you will probably never see again. With well over 4000 homes and condos

available in this magnificent area, there is sure to be one that is ideal for your


Does it make any difference which Arizona realtor you choose when you are

searching for the place you will call home? It certainly does. An experienced

real estate agent that has lived and worked in this area for years has the

knowledge and expertise needed to handle all of the transactions and take care

of the dirty work for you. A real estate transaction doesn't only impact you

financially, it can be very stressful and time consuming. You need an agent that

you feel comfortable and get along with. A good one will also look out for your

best interests.

Scottsdale offers many of the most beautiful, elegant homes and condos you will

ever find. It also offers many activities and the best golfing available. With

prices like these, you really cannot afford to miss your chance to have a luxury

home at prices that will most likely never be seen again. When the housing

market begins to stabilize, it will be too late.

Are you in the market for a beautiful home that will be perfectly suited to you

and your family? If Scottsdale is your dream destination (and it is for many),

don't wait. Contact a realtor who is a complete professional, and has what it

takes to quickly and efficiently find the perfect home for your family, and your

Maureen Karpinski
Find your

Arizona Property
at Cactus Country
href=>Arizona Homes &


Friday, July 3, 2009

Considering Buying in Phoenix? The Scales Are Tipping Your Way!

If you are thinking of making Phoenix Arizona your home, there has never been a better time to buy! An experienced real estate agent can help you find the perfect home for your family, and assist you with every transaction. This will help ease the stress and make your search much more pleasurable. Why is it such a good time to purchase a home? There are several reasons.

First of all, due to the economy prices are coming down dramatically. Buyers can now afford a home in Phoenix that would have been out of their price range just a few years ago! Banks want to lend money to buyers who qualify, and interest rates are low. Arizona is an exceptional place to live and work, and is now the 5th largest city in the United States. Pressure remains on the demand for re-sale homes, and very little land is available for the building of new housing.

There are also some great tax breaks for many who purchase a home in the area. This is a beautiful, sun-filled city that has become a prime destination for home owners. Hiking, biking and plenty of golf is available for those who love the outdoors. This is the city where it seems the sun shines 24 hours a day. Another attractive fact about this area is that the unemployment rate is moderate. A reputable Arizona realtor will help you find the home of your dreams and help you get the best deal possible on your investment.

The average price of a single family home in Phoenix is about $142,000, and prices are trending downward. With the low interest rates now available to qualified buyers, monthly mortgage payments are extremely affordable. If you have ever dreamed of living in home that is perfect for you in this beautiful, activity-filled city now is the perfect time to buy. This is the opportune time, and buyers have leverage to choose the home they truly love and can afford. Consider this fact – if you wait until you hear through the media that home prices have stabilized, you will already have missed your perfect opportunity!

If you are considering a move to the gorgeous and highly popular state of Arizona, don't wait until it is too late. Contact a reputable Phoenix real estate agent with the knowledge needed to get you the home you have been looking for, at a great bargain! Remember, the time is now.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Wednesday, June 24, 2009

Phoenix Arizona - Now is The Perfect Time to Make Your Move!

Phoenix Arizona - Now is The Perfect Time to Make Your Move!

Phoenix Arizona is one of the most popular cities in the United States, and it’s no wonder. If you are considering

a move, contact an experienced and reputable real estate agent now, while the time is right. There has never

been a better time to buy!

This beautiful area is full of opportunities, and is the perfect place for your family. There is never a shortage of

things to do with activities for the entire family to enjoy. Golfing, hiking, biking and just a few things you can

enjoy in our gorgeous warm weather. There are plenty of recreational parks and things to do at night as well.

In Phoenix, it seems like the sun never goes down.

Why should you consider Phoenix if you are considering buying a home or property? Supply and demand are

leaning in your favor right now. Prices are super low, and the number of homes available is climbing. Interest

rates are low, and banks are ready to lend if you qualify. A realtor that is familiar with the area can help you find

homes and properties that are perfect for your family.

Another positive about this area is that the unemployment rate is moderate, and Arizona is a prime area to live

and work in. Also, there are currently some great tax breaks for buyers. The area is one of the prime

destinations in the United States for many reasons. Beautiful landscapes, lots of activities and home prices that

are lower than we have seen in years are a few reasons so many people call Phoenix home.
When you are considering a move for your family, there are many things you want to know. An Arizona realtor

that knows the area well and has represented buyers for years can help you choose the right neighborhood with

all of the amenities you are interested in. They can give your information about schools, shopping, crime rates

and more to help you make a well informed decision.

Are you considering a move for your family? Phoenix Arizona is a prime destination. Check with an experienced

real estate agent who can give you information about inventories available, price trends, and other crucial

information that will give you an indication of how the value of your home will hold up. This is one of the most

important decisions you will make in your life, so make sure you choose the right realtor.

Friday, June 19, 2009

Cave Creek – A Historical Arizona Landmark You May Want to Call Home

Cave Creek is one of the best kept secrets of Arizona. If you are considering a

move for your family, contact a well qualified real estate agent who can assist

you in finding the perfect property or home for you and your family. This quaint

town offers a rugged spirit of the old west, and plenty to do if you love antiques

and exhibits offering a bit of history about this charming area.

Whether you are looking for a condo, townhouse, single family home or hillside

home, Cave Creek is a town unlike most others. You can spend hours digging

through antique and curio parlors, or simply enjoy the magnificent view of Black

Mountain. You will also find some of the finest dining you have ever

experienced, especially authentic southwestern food. Whatever price range

you are interested in, you can find the perfect home for you.

This special area of Arizona has a great history that many aren't familiar with.

In the middle 1800's, it drew many people who were in search of gold and

copper. Frontiersmen were drawn to the city in the hopes of “striking it rich”.

Today, these abandoned mines are the place you will find many people enjoying

a day full of exploring. If this sounds like a place that is perfect for your family,

or perhaps your children, an experienced Cave Creek realtor can help you find a

home that fits your style preferences as well as your budget.

Many people attempt to purchase a home on their own, but this can be very

stressful. It often also leads to spending more than is necessary to purchase

your dream home. When you let an agent with vast experience handle the

negotiations for you, you will find that not only can you get the home or

property you want at a better price, the entire process will be much simpler. An

Arizona realtor can also give you all the information you need about the area,

such as schools, shopping, available jobs and comparable home values.

When you find a home that piques your interest, sometimes you let the agent

who is representing the seller assist you. You must remember that this agent

represents the best interests of the seller, so of course they want to sell the

property at a higher price. This is why you need to obtain representation by a

real estate agent of your own, so that you will get the best deal possible.

Considering a move to Cave Creek? Don't try to handle it alone. Call an Arizona

realtor with years of experience in the area to help you pick the perfect home or

property. This will insure that your dealings go smoothly, and that you can avoid

the stress and time involved in finding the home of your dreams.

Sunday, June 14, 2009

Arizona Real Estate is a Prime Choice for Your Family

The hottest area in Arizona is the Phoenix metropolitan area. If you are looking to invest in real estate, this is

prime property. While every area of this beautiful state is inviting, this particular area is where much of the

action is. Whether you are just looking to invest in land, or want to buy a home for your family, Phoenix is an

area you should make one of your top considerations.

When you are looking for the perfect home and location for your family, there are a lot of things to think about.

Of course, you want the lowest price possible for the real estate you are considering, and an experienced

Arizona realtor can help you locate homes that suit your style and size preferences at prices that are in your price


Many people have to relocate because of their jobs. If this is the case, your agent can discuss the areas that

have schools with good reputations for education and safety. Of course, you want to evaluate your lifestyle and

the activities of your family to choose an area that is the best choice for your family.

Those who are simply looking to invest in Phoenix real estate usually have more time to consider their options

than a family searching for a home. A reputable Arizona real estate agent can show you where to get the best

deals for your investment, and keep an eye out for properties that become available. It is much simpler to let a

realtor handle the negotiations when you are in the market to buy a home or land, and they can barter on the

prices for you as well.

For one person, they may find the price of a piece of property a bargain, while another may not. Why is this? If

the schools, shopping, available activities and general safety of the neighborhood is attractive to one person, this

may be their motivation to buy. These may not be the reasons another person is searching for a home, so the

price may not look as attractive to them. An experienced realtor with thorough knowledge of the Phoenix area

will be able to help you locate properties that suit not only the style of home you want, but the other factors that

are important to you as well.

No matter what the reason for your move, obtaining the services of a reputable Arizona realtor is essential to

getting the most for your investment. Don't try to handle this yourself - it can be very frustrating, time

consuming and stressful. Let the experts handle the details for you!

Thinking of a Move to Scottsdale? An Arizona Realtor Can Save You Time and Stress

Locating an experienced Scottsdale Arizona realtor is your first step toward getting the home or property of your dreams, without all of the hassle of doing it yourself. Buying real estate can be a very complex process, and it is time consuming. A reputable agent is capable of finding properties that suit your preferences and handling negotiations for you. If you are considering a move to Scottsdale, this article will explain the benefits of letting a licensed realtor handle it all for you.

Most people have full time jobs, and don't have a lot of extra time to look for real estate that is in the perfect area and still at a price they find desirable. A compassionate agent is flexible and able to work with your needs on your time schedule. They know where properties are that suit your needs and budget, and they will negotiate the deal for you. This saves you an abundance of time and stress. A Scottsdale realtor will be willing and able to go the extra mile to make sure you are satisfied with your property and the price.

You want to make certain that the agent you choose is well qualified to handle your needs. If they have vast experience in the area, they won't mind you checking their references. A real estate agent who has been in this business for years will know the market, the benefits and attractions of the area, and how to get the most for your investing dollar. You should always find a good agent to represent your needs. The realtor who is representing the seller of the home is looking out for the best interest of their client, so of course they want the best price they can get for the home or property. You want to spend as little as possible, so you need a realtor of your own to represent your needs.

Scottsdale Arizona is known for its luxury homes, condos and other real estate. Even when you have money, you don't want to spend more than is necessary to own your dream home. While some are happy to pay whatever the asking price is for a property, this is not necessary most of the time. Anyone can be bargained with, and a qualified reputable realtor will be able to save you a pretty penny on a luxurious home that suits your lifestyle.

People have very busy lives these days, and their extra time is valuable. You want to spend time with your family and doing the things you love to do. Why spend all of your available time searching out the perfect home in the price range you desire? This can take months or longer when you do it yourself. Get the Scottsdale home of your dreams without unneeded stress and frustration. Let an experienced Arizona realtor who truly cares about the needs of you and your family handle it for you!

Thursday, June 4, 2009

Phoenix & Scottsdale Arizona is a Good Move for Those Who Love Fun

It's all we have been hearing for months now - real estate market, foreclosures, a weak economy, etc. While the

news is bleak for homeowners struggling to pay their mortgages, the bottom line means good news for you if you

are in the market for a home. Phoenix Arizona is a prime destination for those who love lots of outdoor activities

and beautiful sun-filled skies almost year round!

Phoenix offers homes for every need and lifestyle. Whether you are in the market for a spacious luxury home, a

charming restored home or a modern condo, you won't have a problem finding one you will fall in love with. An experienced realtor will make the entire process easy and seamless, by handling the negotiations and helping you

remain stress free.

So You Love Golf, Hiking, Biking And Being Outside Most Of The Year ,Phoenix and Scottsdale Arizona is a Good

Move for Those Who Love Fun in The Sun And The Prices Are At Their Lowest. Okay Want To Retire To The AREA

but Can't Right Now, Buy and Rent it Out With Cash Flow Until The Time Is Right
Because of the economy, home and real estate prices are much lower than recent years. This gives you, as the

buyer, an opportunity to purchase the home of your dreams at a fraction of the price you would have paid two

years ago. Some properties are perfect for people who like "fixer uppers", and others require little to no work to

be ready for you and your family.

Phoenix is a city brimming with activities for all members of the family. If you are a golfer, you will be in paradise!

We have an abundance of world-class resorts, golf courses and spas. Sports activities are plentiful as well. The

beauty of the city alone is enough to make you want to stay, regardless of the activities offered. The rustic hued

mountains that provide the back drop for the city are breath taking!

This particular area is one of the top destinations for travelers, as we average over 325 sunny days per year.

The low humidity and blue skies make this city an absolutely perfect paradise in which to enjoy your life and

family. When you decide you are ready to purchase a home or real estate, an experienced real estate agent can

help you make easy work of it.

Although Phoenix is known for perfect weather and sunny skies, it is also an extremely romantic destination.

Visit Jazz in the Garden at the Desert Botanical Garden for some of the best jazz you will ever hear! The nightlife

is great for those who don't necessarily want to go to the house when the sun goes down. If you are interested

in relocating to one of the most desired cities in the world, contact an Arizona realtor with vast knowledge of the

area and the market. It will definitely make your life easier!

Maureen Karpinski
Find your Phoenix Arizona Property

at Cactus Country Arizona Homes & Properties

Friday, May 29, 2009

Considering Glendale Arizona as Your Next Home? An Experienced Realtor Can Reduce Stress

Considering Glendale Arizona as Your Next Home? An Experienced Realtor Can

Reduce the Stress

If you are considering beautiful Glendale Arizona as your next home place, a

reputable realtor can help make it a seamless transition. Purchasing a home or

property can be stressful, but it certainly doesn't have to be. Let someone

handle the work for you!

This area is one of the most desired in the world today. You can find real estate

to fit any budget, from elaborate homes to houses for the moderate budget.

Your family will love this area, and all the activities that go with it. Sports and

some of the best antique shopping in the world are what you will find in

Glendale. If Arizona is your intended destination, this city has national


Purchasing a home or property can be very stressful and time consuming.

Looking at dozens (or even hundreds) of homes to find the perfect one for you

is enough to make you decide to stay put. An Arizona real estate agent with

vast knowledge and experience will discuss your needs with you, and find

properties that suit your needs and budget. This eliminates much of the work

for you!

When you are in the market to buy a home or property, it is much easier to let

someone who knows the area well handle it for you. A good agent knows what

homes are available, and will keep an eye out for any suitable homes that come

open. This will help alleviate much of the stress and aggravation for the client.

Realtors can also give you much needed information about the area. Schools,

safety, activities - these are just a few of the topics you will be concerned about.

You may also want to know the market values of the homes that are similar to

the one you are considering, so that you can make an informed decision

regarding the asking price of the home.

When it comes down to it, you want an Arizona realtor who will help you

negotiate the best transaction for the property you desire. Years of experience

insure that you will be provided the best service, a commitment to your

satisfaction, and someone who stands behind you when you are searching for

that special home. In fact, you will not only have the best real estate agent, you

will have the entire team to help take the pressure off!

Friday, May 22, 2009

Phoenix Real Estate Offers Superb Opportunities for Investors

For months now, we have all seen the headlines. Home prices are decreasing, no more zero

down loans, etc. Does this mean there is no good news in the Phoenix Arizona area?

Absolutely not! Amidst all of the doom and gloom, there actually is a silver lining for

those who look for it.

Prospering real estate investors will view the current market as a prime opportunity.

New investors may not be able to look at things in this light, but a heavyweight will

definitely see how these unfortunate circumstances can work to his advantage.

In Phoenix, the time has never been better to snap up real estate to invest in. Home

prices are at all time lows, making it an opportune time to buy at an unheard of price.

Homeowners can no longer afford their mortgages and foreclosures are still rising. If

you have money to invest, you are missing the best opportunity you may ever have to

purchase Phoenix properties at a bargain.

This is an extremely beautiful and popular area, with a population that rises every year.

Arizona is prime property for retirees, because of the climate and low humidity level.

When you invest in properties in Phoenix, you can be sure that you will turn them around

in to big profits in the coming years.

Experienced real estate investors know how to look for the best deals; they also know

that purchasing property in just any area isn't a smart idea. If you are investing in

rental properties, you want an area where homes don't sit empty very long. These are

usually areas that are close to schools, jobs and shopping. Homes in these areas

normally do not stay vacant long.

Phoenix properties are a prime investment for those who know their business well. If you

make a living as a real estate investor, contact an agent with the knowledge and

expertise to know which areas are the best deal for your money. The current economy,

although frightening to many, has made it an investors paradise. Talk to your Phoenix

realtor today.

Maureen Karpinski
Find your Phoenix Arizona

at Cactus Country Arizona Homes

& Properties

Sunday, May 17, 2009

Cave Creek Arizona – Choose the Perfect Realtor to Help You Navigate This Charming Town

Cave Creek Arizona is a vibrant town that boasts beautiful mountains as the backdrop.

Choosing the right realtor when you are looking for the perfect real estate is as

important as the property itself. Many people make the mistake of choosing the first

agent they meet, which may be a mistake. You want the process to go as smoothly as

possible, and you want a real estate agent you feel comfortable with.
Why does it really make any difference what realtor you choose when looking for that

perfect home? You can avoid much frustration by choosing a Cave Creek real estate agent

who is well experienced and intimately familiar with the properties available in the

area. They can offer counsel, excellent advice and have a knack for showing attention to

details. This helps avoid unwanted surprises or problems from arising.

In these tough economic times, you want a realtor who is well seasoned and knows the

complexities of real estate transactions. This will insure that they are committed to

giving you quality advice and complete attention to your needs. This is perhaps the

biggest decision of your life, so put it in the best hands possible.

Cave Creek is home to many artists, with a locale that is conducive to all kinds of

enjoyable activities. Hiking, horseback riding and mountain biking are just a few of the

activities you will look forward to in this rustic, welcoming community. If you love

golfing, you will find some of the most luxurious homes you have ever seen along the

magnificent golf facilities.

Cave Creek offers some of the most beautiful homes and landscapes you will ever see. If

a condo is more to your liking, we have that too. Whatever your preferences, you will

find it in this unique and inviting Arizona city. Luxury homes setting on spacious

tracts of land and lavish amenities are what you will find here. We also offer excellent

living in exclusive subdivisions that offer extra privacy and protection with gated


If beautiful scenery, fine living and activities for everyone in the family is what you

are looking for, contact your Cave Creek realtor today! You truly won't find more

exquisite homes, condos or real estate anywhere else in the world.
Maureen Karpinski
Find your Phoenix Arizona

at Cactus Country Arizona Homes

& Properties

Thursday, April 30, 2009

Where Houses Are Really Selling- You Still Have Time to Get In

A monthly recap of the housing statistics for March in Phoenix and Scottsdale AZ shows there is a monumental shift happening in our market presently so I want to highlight a few things

Available supply of Single Family Detached homes had a 5% drop to 36,791. Closings continued their strong upward trend at 7139 in the month of March to drop our overall supply to 5 1/4 months. The last time we had over 7000 sales in a month was in the middle of 2006.

Pending sales continue to climb to 12,587, another new high.

Phoenix and the West Valley (Glendale, Peoria, Goodyear) are the best markets in the Valley right now at 4 and 4 1/4 months respectively. The SE Valley Mesa, Tempe, Chandler and Gilbert) at 4 3/4 months is close behind. These markets are all sellers markets! We are seeing a dramatic change in our market.

We now have 36791 homes available compared to 45707 in March of 2008, a 20% reduction in available inventory.

We closed 7139 Single Family Homes in March 2009 compared to 4043 in March of 2008, a 77% improvement!

We have closed 16588 homes in the first Quarter of 2009 compared to 9,200 in Q1 2008, an 80% improvement.

We currently have 12,587 pending sales compared to 6400 at this time last year, a 97% increase. This also indicates that we should continue to see an increase in closings. I think that we may go over 8000 closings in the month of April.

Last year at this time we had a 12 month supply of homes and this year, it has shrunk to 5 1/4 months, a sellers market.

When you look at all of the current trends, I think that we are on our way to getting better. It is about time!

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties


Sunday, April 26, 2009

The Rate of Foreclosures Make It a Buyers Market in Phoenix

It has been all over the news recently - the rate of foreclosures is up all over the country. Phoenix Arizona is no different, and there are plenty of homes available to buyers at astronomical savings. Of course, this is bad news for the homeowner, but at least there is a bright spot in the mix.

Media is reporting that an estimated 1 million homes will be lost to foreclosure by the end of this year. If you are a real estate investor interested in Phoenix property, there has never been a better time to find properties for investment.

In Phoenix and surrounding areas like Glendale and Scottsdale, properties continue to fall in price. As daunting as all of this sounds, there is actually good that comes of it. As homes and real estate become affordable, more homes are sold. This helps boost the economy, which is in dire straits at the current time.

A Phoenix real estate agent can help you locate homes and property that is in your price range. With the booming foreclosures comes the opportunity for you to purchase properties at rock bottom prices. This is the perfect chance for those looking for a family home, as well as those who invest to resell in the future. Affordable home prices and low interest rates are luring buyers to stop procrastinating and buy now, while prices are low.

To be perfectly honest, purchasing a foreclosed home in Phoenix or surrounding areas isn't a piece of cake. Your real estate agent can assist you in locating the best deals and choosing properties that best suit your needs and budget. Many property owners enter foreclosure, then postpone or stop the process completely. Most properties listed on the free public websites can't be bought, because they fall into the category just mentioned. Your best bet is to contact your Phoenix realtor, who can find properties that are actually in foreclosure and available for purchase.

Most people looking to purchase homes or real estate just want honest information to help them make the best real estate decision and get a good deal for their money. Contact a professional Phoenix real estate agent to learn what properties are in foreclosure and what kind of savings are available to you.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Wednesday, April 22, 2009

Phoenix Real Estate - Foreclosures Dominate, Meaning Big Savings for Consumers

Recently in Phoenix Arizona, home prices have fallen in just a few weeks as banks seem to be dumping homes. Bidding wars are making it possible for consumers looking to buy a home to get a better deal than they have seen in years!

In some areas, home prices have fallen nearly $40,000. There are great deals to be had, and buyers are winning. The ones who aren't winning are the homeowners in these areas, which must stand by and watch as the values of their homes decline. This is especially painful for those trying to sell their home.

Phoenix area realtors are experiencing great deals, especially on luxury and high end homes. The banks are now selling many of these homes, because owners have lost their jobs. Many have also lost their stock market cushion, which means they need to sell these homes quickly.

If you are looking to purchase a home in the Phoenix Arizona area, there are hundreds of listings that have been hugely discounted. This is especially true in luxury homes, where you can find many that are priced at just half of what they are worth. Your real estate agent can advise you about these great deals, and where they are located.

When you locate what appears to be a tremendous deal, it is important to find a Phoenix realtor who can do a little research for you. You want to know what the owners originally paid for the home, when they purchased it, and what the mortgage on the property is.

Also, keep your eye out for homes that have been on the market for a very long time. Most of these sellers overpriced these homes in the beginning and are now ready for almost any offer that comes along. If you learn of a home that has been drastically reduced in price, it may be time to make an offer. Watch out for deals like this!

Foreclosures are at their highest in decades, which is sad news for homeowners but at the same time great news for buyers. If you are searching for a bargain, there are plenty available. Contact your Phoenix real estate agent to learn more about properties that may be available to you at a steal!

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Saturday, April 18, 2009

Phoenix and Scottsdale Housing Inventory is Reducing Quick

Inventory Level – Weekly Comparison

Statistics as of April 3rd, 2009

Positive trends continue to improve as the dynamic change in our market is still steady.

Single Family Detached home availability dropped 4% to 35,394. Closings experienced a strong upward trend in the last month at 7461 to decrease overall supply to 4 ¾ months. January of 2006 was the last time we were below 5 months supply.

A 10% increase was seen in pending sales in one week, as they continued to climb to 13,859!

The best marketing in the Valley at the present time are Phoenix and the West Valley, now at 3 ¾ months each. Close behind is the SE Valley at 4 ¼ months. These are definitely sellers markets!

A 50% increase in the number of pending sales over the last 6 weeks is a positive sign for Scottsdale. Under $ 1M market rose from 351 to 527, and we should begin to see an increase in closings soon.

Over $1M is at just over 3 years supply for Scottsdale! PV is at 7 years. Pendings have increased and the slow closing rate should improve for PV over the next 90 days.

Our market is continuing to experience rapid improvement. Media coverage should lean more toward the positive side soon. A headline on the front page of the Arizona Republic last Saturday was positive for a change!

MLS Statistics
Area Breakdown

Overall Market Since last week, inventories are down 4%. Active listings totaled 35394 with 7461 closings over the last month. This is approximately a 4 ¾ month supply.

Phoenix Since last week, inventories are down 5%. Active listings totaled 7880 with 2140 closings over the last month. This is approximately a 3 ¾ month supply.

West Valley Since last week, inventories are down 6%. Active listings totaled 8482 with 2218 closings over the last month. This is approximately a 3 ¾ month supply.

NE Valley Since last week, inventories are down 2%. Active listings totaled 5510 with 354 closings over the last month. This is approximately a 15 ½ month supply.

SE Valley Since last week, inventories are down 3%. Active listings totaled 8048 with 1848 closings over the last month. This is approximately a 4 ¼ month supply.

Scottsdale Since last week, inventories are down 2%. Active listings totaled 1423 with 36 closings over the last month. This is approximately a 39 ½ month supply.

Scottsdale under $1m Since last week, inventories are down 2%. Active listings totaled 2419 with 225 closings over the last month. This is approximately a 10 ¾ month supply.

Paradise Valley Since last week, inventories are down 1%. Active listings totaled 574 with 6 closings over the last month. This is approximately a 96 month supply.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Wednesday, April 15, 2009


SBA Financing - The Recovery Act provides $730 million to the SBA to make changes to the agency's lending and investment programs. The Act provides $375 million for the temporary elimination of fees on SBA-guaranteed loans and increased SBA guarantee percentages of up to 90 percent on certain loans. In addition the Treasury Department is committing up to $15 billion to help unlock the secondary mortgage markets. These changes will result in lower financing costs (more than 3% of the loan amount) and an increased supply of credit, as lenders enjoy increased credit protection and secondary market liquidity.

Commercial Mortgage Consulting Services - Commercial real estate owners and lenders are facing a complex set of circumstances that are creating stress in even the most conservatively underwritten real estate investment. The current economic conditions are challenging all areas of commercial real estate property management and lending compared to the peak years of 2006-2007. Robert T. Gibney & Associates has assembled a team of seasoned professionals to review, analyze, and restructure commercial real estate loans.
Your real estate clients may benefit from these services:
• Objective analysis of the subject property in relation to competing properties in the sub-market
• Develop strategies to reduce the risk of loan default for loans maturing in the next 3-5 years
• Assist in negotiating Loan Workouts and Modifications
Link for additional information

Underwriting Update – New financing continues to be available from a select group of balance sheet lenders. These lenders use their own capital to fund loans. In addition they retain loans on their balance sheet for the entire loan term. In contrast to recent years, lenders are using a traditional approach to underwriting using the following criteria:
• Actual Cash Flow – trailing 12-month data (Net Rent Collections, Operating Expenses, Vacancy Rate). Consideration is given to declining trends in net operating income.
• Debt Coverage Ratio – 1.25 to 1.5 debt coverage ratio
• Reserve for Debt Coverage – Reserve account held by lender to be used in the event that existing tenants default or fail to renew their leases
• Global Cash Flow – A detailed evaluation of the borrower’s cash flow for all real estate investments, businesses, and personal obligations
• Exposure to Short-Term Liabilities – Evaluation of the potential risk associated with the borrower’s need to payoff loans in the next 1-3 years
• Post-Closing Liquidity – The availability of cash and marketable securities is an important consideration for many lenders. Loans may include a covenant requiring the borrower to maintain a minimum amount of liquid assets during the term of the loan

MULTIFAMILY - WSJ April 8, 2009 - The nation's apartment market deteriorated in the first quarter as rising unemployment dashed landlords' hopes that the housing downturn would create a soft landing by bringing former homeowners back as renters. The vacancy rate for the top 79 U.S. markets jumped to an average 7.2%, a full percentage point increase over the past two quarters and the highest level since the first quarter of 2004, according to statistics from Reis Inc., a New York real-estate-research firm. The jump in vacancies came even as landlords reduced rents. Asking rents, which exclude concessions and are often the starting point for rent negotiations, fell 0.6%, the largest fall since Reis began its count in 1999. Effective rents, or the rents that landlords actually collect, fell 1.1% in the first quarter to $984.
COMMERCIAL – WSJ April 8, 2009 - Commercial landlords continue to lose retail tenants at an accelerating pace, indicating that the industry's troubles are worsening. The amount of occupied space in U.S. shopping centers and malls declined a net 8.7 million square feet in the first quarter of 2009, according to real-estate-research company Reis Inc. The amount of occupied space lost in that one quarter was more than the total amount of space retailers gave back to landlords in all of 2008 and any other year in recent history, according to Reis.
All of this information was made available to me from
Robert T. Gibney & Associates
4300 N. Miller Road, Suite 212
Scottsdale, Arizona 85251
Phone (480) 429-3642 Mobile (602) 315-5671
Email rgibney@AzCommercial.Biz
Mortgage Broker Lic. MB0904411

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Tuesday, April 14, 2009

Prime Time to Purchase Real Estate in Phoenix Arizona

Although foreclosure isn't desired by anyone, the state of the economy has recently made it much easier for people all over the country to purchase real estate at enormously discounted prices, including Phoenix Arizona. There are many bargains now available, so contact your Phoenix realtor now to learn what is available if you are looking to purchase a home.

Prices for Phoenix real estate are lower than many have seen in over a decade. This makes it the perfect time for home buyers to get a house at deep discounts. Foreclosures have made the properties available plentiful, and they are priced to sell.

Homes that are almost new as well as older homes in historic neighborhoods can be bought at a deal. While it is the perfect opportunity to purchase a home in the Phoenix Arizona area, there are still a few pitfalls. These include repair costs on older homes and bidding wars.. However, if you plan on purchasing a home to stay in, the time has never been better.

If you are an investor or first time buyer, now is the perfect time to contact a Phoenix real estate agent to learn what is available to you. Most of the deals that are available are properties that are on the brink of going in to foreclosure or have been taken back by lenders.

There are some details you will want to consider when purchasing real estate. If your intention is to purchase for resale, check to see if there are other foreclosures that may threaten your desired resale price, or if there are numerous empty homes that may become foreclosures. Your Phoenix realtor can help you determine what properties are the most desirous if your intent is to resell.

For those whose interest lies in fixing up older or damaged homes, there is a huge market available. In fact, homes that are priced under $100,000 and have the most physical damage are where you will find the real deals. Homes that have extensive damage offer better discounts to buyers.

The economy isn't good for anyone, but it can be the perfect time to buy if you are in the market for a family home or invest in real estate for resale purposes. The time has never been better to get the most for your money where real estate is concerned. If you are interested in learning more about the housing market, contact your Phoenix realtor.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties

Thursday, April 2, 2009

Katie Goes Home

Katie’s new mom let me pick Katie up from the group home on the Friday. I can not tell you how much I so wanted to do this, To be able to put her in my car and help her load what stuff she had into it and drive away from there was one of my greatest joys. I just looked at that little girl that was going through some real tough emotions and told her you are never going back. Take a look in the rear view mirror Katie, that’s where all of that belongs. She talked about her past friends, she remembered and talked about her experiences of leaving before and then having to go back. She talked about her hopes for the girls she was leaving behind. She talked about her past experiences with people that had played a positive role in her life and I assured her that she does not need to abandon those experiences, take them and what they meant with her and leave the negative stuff behind, All of the people that have made a positive impact in her life will be happy for her and thrilled that they did give her something to carry through life. After talking on all sides of what was going through her mind which was to be expected and thank heavens she felt free enough with me to just let it go, she just stopped and said nothing. After a minute she looked at me and said , Nana ( which is what my name has become- what an honor) THIS IS REALLY HAPPENING! I need to call my mom and called Deena from the cell. If I never have success with another child or project or even if God Willing we do, I will never forget that day and I will always cherish it.

Okay, now Katie is home and Deena is double timing everything. She only had one day’s notice that she was bring Katie home even though it technically is still not permanent. She has to have Katie enrolled in a new school on Monday. Love house chipped in for some new clothes since all she wore was uniforms at her other school. We will be there to be a part of this Love Story. Before I forget, I get a call from Katie on Monday and in a very serious voice, telling me I need this phone number and do I have something to write it down with- I’m like panicked ( what has gone wrong so quick) I’m scrambling for the pen and write it down and then she informs me that this is the number to HER cell phone, Yep Katie has arrived. Below is Katie’s own update of her first week and Deena’s comments to everyone.

She truly is a teenager. Reading her update, I really do believe it has been an instant transformation - you would never know that she has been through hell and back. Instead she talks and writes just like all the kids her age.... me, me, me....... I love it! Katie is home at last and knows it.
Thank you to you and all of yours who have helped us make this possible.
Thanks again....

To Nana and Friends;

My first week of school went really phenomenal! My first day was a little slow, but once I got into the swing of the school routines, I was fine. I am on the E team for 8th grade and we have two different days. On days 1, I take Spanish. Even though I started so late, I have caught on quickly. And on days 2, I take P.E. The unit we are in right now in DDR or Dance Dance Revolution. I took a test on Friday and I did excellent. I ended up with a 20/20. So if that is a sign of anything, it means that I am doing well in my classes and I am catching on quickly and I understand what I am supposed to be doing. This upcoming week we are doing AIMS and on Friday the 3rd we are having a Spring Carnival from 5:00-8:30. Our last week of school the 8th graders are going through promotion on Tuesday and we are having our promotion ceremony that night. On Wednesday we are going to Big Surf and on Thursday we are having our promotion dance. And on Friday we are getting our diplomas. We only have 7 to 8 more weeks of school left so we are all trying our best to work on what needs to be fixed so we don’t have to be held back. All of my teachers are nice and they understand my situation and they now where I am from. My Spanish teacher, Mrs. Figueroa, is helping me with the words she is teaching the class so I am not left behind. My first hour teacher, Mrs. Evenson, is helping me catch up also. My second hour teacher, Mrs. Taylor, is very nice and I am learning about the Vietnam War and the Cold war. My third hour teacher, Mrs. Sarriano, is making us write persuasive essays (mine is done) and that is the class where I got the 20/20. After that I have lunch. Fridays we have what’s called music at lunch and it is really neat. After that I have math and my teacher is, Mrs. McBeth. We are learning what I have already learned so it is fairly easy. Then like I said before I have Spanish on day 1 and P.E. on day 2. I have a close group of friends and I continue to grow and learn more each day. That is the update on my first week and the upcoming events. The first week at home permanently was excellent. I am really glad that I don’t have to go back to the group home on Sundays. On Tuesday, this was also my first day of school; my dad picked me up from the bus stop after school. In the morning my mom takes me to school. Wednesday I came home and did my homework and did chores. Thursday I found out what was going on for the last week of school and I am glad that I am in the 8th grade and don’t have to hear the announcements saying the 8th graders get to do this and that. At home I did pretty much the same thing and I practiced my Spanish. Friday I had to be quick with my chores and homework because I had 4H cooking and sewing. I learned how to cook Shepard’s pie, horse treats, and any cake mix cookies. Saturday I baked some oatmeal cookies and I helped out with the odd ball stuff. My youngest nephew came over so we babysat him. And Sunday my other two nephews came over and stayed for a little while. Also at school we are doing the talent show. My first week here was a little crazy but otherwise it was an all out excellent week. I am looking forward to more awesome weeks in my life. To nana specifically: my nails are growing out and I have not bitten them once this week and I will not bite them this week either. Love you all!!!

Maureen Karpinski
Help out Abused & Neglected Kids In Need
at the Love House Kids Program Charity.