Phoenix Real Estate - Anything & Everything About It. Plus Random Musings...
Thinking about buying a short sale in Phoenix (or anywhere else)? It’s not for the faint of heart. Or anyone that wants to apply logic, reasoning, common sense or business fundamentals to the decisions that banks make on short sales. Here is a real life situation that is coming to fruition today in the wild and wacky world of real estate short sales. The Scenario Almost 10 months ago, … [Read more...]
At this moment in time, there are 17,066 homes listed as short sales in the Phoenix real estate market. With 43,998 total listings, that means 38.8% of all homes listed for sale in the Phoenix area are short sales (meaning the owner is attempting to sell their home for less than they owe on their loan(s) -- they are “under water” on their mortgage). In other words, short sales aren’t going … [Read more...]
So here I sit, in Denver International Airport, where I’ve been for about six hours, and I’ve got two and a half more hours until my flight takes off (hopefully). Why would I spend over eight hours at the airport? Trust me, it wasn’t by choice. Seems the flight I paid for over two months ago was “overbooked” – a common occurrence in the airline industry. Yeah, they sell more seats … [Read more...]
Many times, the difference between someone short selling their house and going through foreclosure comes down to one thing... Luck. Any number of things can happen that allow someone to short sell their home and avoid foreclosure - or on the other side, any number of things can happen that prevent someone from short selling their home and forcing their home to be foreclosed on. And in my … [Read more...]
From the Ask the Broker files: We submitted an offer on a short sale. The seller accepted the offer and we’ve been waiting on their lender to approve it for almost three weeks. We’re tired of waiting and want to withdraw our offer and find a “real” home for sale. Can we do that and get our earnest money deposit back? My initial response to any communication I get like this is, “You … [Read more...]
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I'm Jay Thompson, and I have a little blogging problem... Welcome to The Phoenix Real Estate Guy, or "TPREG" as I fondly refer to it.
My wife and I are co-owners of Thompson's Realty, an independent boutique real estate brokerage in Phoenix, Arizona. Prior to real estate I was in the semiconductor manufacturing industry for longer than I care to remember.
There is a Fair Housing statement that I need to get posted here. In the mean time, just let me say this:
Discrimination is stupid beyond belief. We at Thompson's Realty simply will not discriminate against anyone. I don't care what color you are, how old you are, what your religious beliefs may be or what your "sexual preference" is.
What you are is a human being. We are too. And we'll treat you like we expect to be treated.
It really is that simple...
$596,400 -
14818 S 20th Street
Phoenix
$1,575 -
18249 N 49th Place
Scottsdale
$1,650 -
554 W Orchard Way
Gilbert
$179,900 -
1110 E Leaf Road
San Tan Valley
$1,250 -
2690 S Hansen Drive
Gilbert
$100,000 -
1305 W Calle Del Norte --
Chandler
$250,000 -
6708 W Utopia Road
Glendale
$69,900 -
41134 W Sanders Way
Maricopa
$75,000 -
120 N 95th Place
Mesa
$625 -
12440 N 20th Street, Unit 124
Phoenix
$79,900 -
42792 W Sunland Drive
Maricopa
$1,950 -
3381 S Beverly Place
Chandler
$1,150 -
1142 E Heather Drive
San Tan Valley
$220,000 -
3335 E Mayberry Avenue
Gilbert
$145,000 -
3356 Navajo Drive
Overgaard
$154,900 -
16631 E Westby Drive, Unit 105
Fountain Hills
$215,000 -
20008 N 94th Avenue
Peoria
$3,700 -
11529 N 99th Street, Unit 0
Scottsdale
$2,995 -
8618 N Cardinal Drive
Phoenix
$85,000 -
3650 W Carlos Lane
Queen Creek
$99,900 -
7401 W Arrowhead Clubhouse Drive, Unit 1031
Glendale
$92,000 -
366 W Corriente Court
San Tan Valley
$185,000 -
4412 W Hopi Trail Trail
Laveen
$165,000 -
7428 E Windsor Avenue
Scottsdale
$139,000 -
1370 E Gary Drive
Chandler
$305,000 -
8133 S Palm Drive
Tempe
$795 -
10410 N Cave Creek Road, Unit 2101
Phoenix
$216,000 -
3941 S Cactus Wren Drive
Chandler
$75,000 -
44921 W Balboa Drive
Maricopa
$71,500 -
23845 N 36th Drive
Glendale
$107,000 -
22332 E Via Del Rancho --
Queen Creek
$499,900 -
3429 E Decatur Street
Mesa
$72,000 -
5122 E Shea Boulevard, Unit 2061
Scottsdale
$134,000 -
16734 E La Montana Drive, Unit 101
Fountain Hills
$370,000 -
924 W Windsong Drive
Phoenix
$75,000 -
5342 W Maldonado Road
Laveen
© Copyright 2011 Jay Thompson, The Phoenix Real Estate Guy.
IMPORTANT NOTICE: THOMPSON'S REALTY IS NOT ASSOCIATED WITH THE GOVERNMENT, AND OUR COMPLIMENTARY SHORT-SALE NEGOTIATION, IF NEEDED, IS NOT APPROVED BY THE GOVERNMENT OR YOUR LENDER. EVEN IF YOU ACCEPT THIS OFFER AND USE OUR COMPLIMENTARY SERVICE, YOUR LENDER MAY NOT AGREE TO CHANGE YOUR LOAN. IF YOU STOP MAKING PAYMENTS ON YOUR MORTGAGE,YOU COULD LOSE YOUR HOME AND DAMAGE YOUR CREDIT RATING.
This IDX solution is (c) Diverse Solutions 2012.
