Wednesday, February 25, 2009

Authentic Hacienda. Golf Lifestyle.

Whisper Rock Estates, Lot 89

FHA Loan Limits in Arizona Increased Today

FHA Mortgage limits were increased in Maricopa County, Arizona today to $346,250!

If you are interested in information about FHA loans, contact Mark Monson, AVP, Countrywide Home Loans at 480-773-3888 for a professional consulation.

https://entp.hud.gov/idapp/html/hicostlook.cfm

Thursday, February 19, 2009

Buying Smart Secures Your Investment

There has never been a better time to take advantage of a down real estate market. But, how do investors know what to buy with so many properties for sale. What may seem like a good deal now, may not be the best long-term investment.

Here are some things to consider when buying a luxury home in today's market:
  • Location - Is the home in a desireable location? Will the location remain desireable for the next 5 to 10 years? What is happening in the community arouund the home?
  • Quality - Make sure the quality of construction and materials is of the highest standard. Is the builder reputable and noteworthy?
  • Price - Is the price competitive in today's down market? There are some tremendous buys, but it's worth paying more to get a superior property. Does the property for consideration warrant a higher price based on location and quality?

If investors buy smart, they will succeed in this market. Partnering with a seasoned real estate professional who is experienced with investments is crucial to that success.

Sunday, February 8, 2009

54th Annual Scottsdale Arabian Horse Show

54th Annual Scottsdale Arabian Horse Show
February 12 - 22, 2009
Westworld

For more information, visit http://www.scottsdaleshow.com/index.html

Looking for horse property? Visit my latest horse property listing at http://www.tourfactory.com/470268. Or, for other properties visit http://www.monicamonson.com.

Are Seller's Missing Opportunities to Sell?

I have a client who is interested in buying a new custom home in a well-known golf community N. Scottsdale. He has been trying to buy the same home now for 2 months.

Are Sellers (including Banks) missing the opportunities to sell now?

Here's the scenario....
  • Client makes an offer to investment group well below list price; investment group declines.

  • We find out the home is going into foreclosure; bank to take over on 1/28/08.

  • Client offers for a 2nd time directly to the bank who now holds the note.

  • Bank declines offer waiting for one that is closer to soon-to-be list price of $2.6 million.
My client offered $2 million for a property that allegedly was returned to the bank at $2,350,000. Is it worth the bank's time and money to disregard this offer and turn away a viable buyer? How long are they willing to wait?

$15,000 Homebuyer Tax Credit

Learn more about the Homebuyer Tax Credit. Who wouldn't want to take advantage of it?

http://www.google.com/hostednews/ap/article/ALeqM5gdDrWnoMueqVFI-Uo1ClxVZur22AD9652S581