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Mary Maxie » Arizona Homes for sale

Tag Archive for Arizona Homes for sale

Phoenix Real Estate defies national trends

Phoenix Real Estate defies national trends
Phoenix housing market shows strong rebound
The Phoenix-area housing supply is down 42% from a year ago, foreclosures are down 52% from February 2011 and single family home prices have been trending upward since September 2011, according to a report authored by Michael Orr at the W.P. Carey School of Business at ASU. CoreLogic, meanwhile, also shows a local drop in foreclosures, so much so that the Phoenix foreclosure market is tracking below the national foreclosure rate of 3.43% of outstanding mortgages. That number locally in January was 2.85% of outstanding mortgages.
Read article – Phoenix Business Journal

Investors with Cash Driving Up Home Prices
Home sales are up across the valley. But many families looking for affordable places to live are getting squeezed out as more and more investors move in. Investors are taking advantage of foreclosed homes and short sales, paying cash. It’s good news for people who are stuck in underwater homes — prices appear to rising fast. “We went straight through normal and back from a fear-dominated market to a greed-dominated market with nothing in between,” said Mike Orr, a professor at ASU’s W.P. Carey School of Business. Orr says 40% of home sales are cash deals today, compared to about 10% in normal times.
Read article – MyFoxPhoenix.com

Short Sales Get Shorter: New Deadlines to go into Effect
As part of a settlement with state attorneys general, the five largest mortgage servicers are adopting new requirements for short sales, which is expected to speed-up the process. This article covers some of the new requirements, including:
*Servicers must provide borrowers with a decision within 30 days after receiving a short sale package request.
*Servicers will be required to notify a borrower, also within 30 days, if any necessary documents are missing to process the short sale request.
*Servicers must notify a borrower immediately if a deficiency payment is needed to approve the short sale.
Read article – Realtor Magazine

Valley housing values, sales improve in Feb., foreclosures down
The Valley’s housing market improved by almost every measure in February, with an increase in values, an uptick in homes sold and a drop in the number of foreclosures. The ARMLS reports that 7,249 homes sold in February – up 1.3% from a year ago. “Sales above 7,000 units are seen as robust for the Valley’s market,” the report said. Median sale prices also rose, to $122,000 – up from $108,300 in May of 2011. The total number of homes on the market dipped 5.2 percent from the previous month, to 23,736. Inventory is down 41.6% since February 2011.
Read article – East Valley Tribune

Seniors, Young Adults Will Influence Housing
Aging Baby Boomers and their “Echo Boomer” children will significantly impact trends in the nation’s housing market over the next 20 years. Over the next two decades, the aging baby boomer generation will swell the nation’s senior population by 30 million. That demographic shift will likely help increase the supply of housing, since people over age 65 typically release much more housing than they absorb. “Housing, jobs, and the economy are inextricably connected,” says NAR Chief Economist Lawrence Yun. “A strong recovery with favorable housing market conditions would encourage substantial growth in Echo Boomer households, which would help absorb the current vacant inventory and stabilize conditions for residential construction.”
Read article – Realtor Magazine
Phoenix home sales increase as prices move higher
Average sales prices have been rising slowly in the Phoenix metro area from a low of $151,400 in August 2011 to $166,000 in February. Median sales prices also have climbed from a low of $108,300 in May 2011 to $122,000 in February. List prices also are increasing. Pending foreclosures have dropped. There was a high of pending foreclosures in November 2009 with 50,568. That compares with 17,833 pending foreclosures in February. Distressed sales as a percentage of all sales are declining. February’s 3,723 distressed sales represent 51.4% of total sales. That compares with the highest level in September 2010 when distressed sales accounted for 74.1% of total sales.
Read article – Phoenix Business Journal

Mobile Devices Become More Important in Home Searches
Smartphones and tablets are being increasingly important tools for home buyers. A recent survey shows that 68% of mobile users contacted a real estate professional to schedule a showing based on their mobile search. What’s more, 98% of those who reported using mobile devices considered the tools valuable in their home search, and 46% said they were “essential.” See the full article to learn more about how they are using their mobile devices in their home search.
Read article – Realtor Magazine

When it comes to deciding which wood floor would suit your needs in the best way, consider the room’s use, what subfloor or existing floor that is there now, budget and your preferable design.

Solid hardwood floor. might outlast your house since it can go through several refinishing cycles. Installation needs underlayment, but it could be installed on existing subfloor. Hardwood provides an excellent design solution as it comes in many kinds of wood: oak, maple and ash.

Engineered floor. provides all the benefits of hardwood, it can be refinished as well but is easier to install and does not require underlayment subfloor and can be installed on any surface. Engineered hardwood flooring is made of wood, but it’s not solid. Instead it is a laminated product like plywood, with a thin but tough veneer of real wood on top laminated to three to five layers of less expensive wood (or fiberboard) and bonded under pressure with strong glues.

Laminate. is completely synthetic with a tough melamine wear coat over a paper or fiberboard core. The beauty of laminate flooring is that it can be made to look like any material; stone, ceramic tile, wood, and more – at a fraction of the cost of the real thing. The effect is achieved in the second layer, which contains a photographic representation of the real flooring material. It is easy to install and water resistant.

Bamboo plank floor. is an environmentally friendly material. Not only is bamboo a fast-growing and renewable crop, the companies that make bamboo flooring use binders with low emissions. Bamboo flooring is made by shredding stalks of the raw material, then pressing them together with a resin that holds the shreds in their finished shape.
Free Stuff from Mary@marymaxie.com
FREE Pickup of books, paperbacks, videos, CDs, sheet music, for VNSA Charity Book Sale
FREE Tips on Home staging your house for better showings
FREE Tips for First Time Home Buyers
FREE Tips for First Time Home Sellers
FREE The 10 Things Most Often Cited on Home Inspections
FREE Info on 180 day rule for foreign home buyers
FREE Info on FIRPTA Rules for foreign investors
FREE Info on what Canadian buyers of Arizona Real Estate need to know.
FREE shopping, golf, sports, Arizona Living info
FREE info on Great Canadian Picnic, & Canada Cup Golf Tournament
FREE Market News from www.marymaxie.com
Maxiemize Lifestyle with PhoenixAreaCanadianRealtor
Mary Maxie, Associate Broker, Prudential Arizona Properties 602-738-6597
GREEN Master of Real Estate, GRI, CRS, ABR, CSSR, SFR, CRMS, CIPS

Phoenix realtor vultures

Phoenix Realtor Vultures
Lately, whenever I show a house, there are typically anywhere from 2-8 realtors circling the house like vultures around a fresh kill, waiting their turn to get inside. More often than not, they have no client with them. This tells me several things:
1. There are very few houses available for sale
2. Those that are for sale are going to sell for more than list price, & often there’s a bidding war.
3. If it doesn’t seel right away, it’s overpriced or trashed.
4. If realtors are circling without clients, they usually represent investors who often don’t need to see the house, but just figure out if they can make a dollar or two by fixing and flipping.
5. There are so few houses for sale, that people are putting a high price on their offer, to get the house off the market, and then once they figure out it’s not an economically sound buy, they let it go back on the market.
6. There are several backup offers on every reasonably ‘good’ house.
7. Often a house goes on the market with several offers already accepted & backing up. This tells me that listers are offering the house to their own clients & clients of their office first, before putting it on MLS, so that they can double dip on the commissions. Not bad in & of itself, but discouraging for buyers.

If you or anyone you know wants to talk about pricing, short sales or anything else that’s going on in this crazy real estate market, please call me.

Arizona Short Sale Points To Ponder

Have you ever thought about a short sale on your home? Are you underwater but still managing to make your payments every month? Or maybe you have no idea what to do do next, & have had to stop making mortgage payments?

I’d be happy to sit down and explain a few things to you, and help you make the life-changing decision you will eventually have to face if you can answer ‘yes’ to any of the above questions.

I can give you information on the newest plans for folks such as you from banks, government and real estate buyers and investors. The only thing that remains constant is change, and as your real estate professional, I spend many hours each week in contact with bankers, investors, and short sale lawyers, accountants and other advisors to keep up to the minute on what’s happening in the marketplace. It changes almost daily, wo what you thought last week, or read in last week’s media may not be valid this week or next week.

Let’s talk about the following:
1. Avoiding foreclosure & the future problems that foreclosure can cause
2. Find out about forgiveness of deficiency
3. In many cases, dings to your credit score can be avoided or minimized
4. Yes, you can begin to rebuild your real estate assets immediately
5. After a short sale, there are non-traditional financing options available
6. Cash for keys from the bank
7. Sooner is better than later to deal with underwater housing
8. Short sales usually bring a higher value than a foreclosure
9. Laws continue to change, very quickly and very often, so stay up to date

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at mary.maxie@pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Arizona Real Estate Prices Inching Upward

If you have been waiting for real estate prices in Arizona to go lower, I think that boat has already sailed. We are finding that prices are inching up about 2-4% every month. Multiple offers are common, usually far above list price, & many listings show up on the MLS as brand new, but already under contract. Most have several backup offers in the wings, in case the first contract doesn’t make it to closing.

Cash is king, & sellers, whether banks or short sellers, will always take a cash offer over a financed one. That’s why it’s imperative that before you make any offer, you have a bank confirmation of funds, or else an ironclad lender approval for funds.

If the house you want is in a good area, is in good shape, & is under $500,000, chances are good it won’t be on the market for long. Anything over $500,000 will last a bit longer on the market, but they are moving well too. The investors & house flippers have pretty well taken over the under $100,000 market, & fixeruppers are snapped up quickly. Then they are resold or held as rentals.

Market conditions change weekly, if not daily, so if you need information on anything to do with the Arizona Real Estate market, please call me for clarification. Don’t believe everything you read in the media or find on various websites. Talk to a professional.

Free Stuff from Mary@marymaxie.com
FREE Pickup of books, paperbacks, videos, CDs, sheet music, for VNSA Charity Book Sale
FREE Tips on Home staging your house for better showings
FREE Tips for First Time Home Buyers
FREE Tips for First Time Home Sellers
FREE The 10 Things Most Often Cited on Home Inspections
FREE Info on 180 day rule for foreign home buyers
FREE Info on FIRPTA Rules for foreign investors
FREE Info on what Canadian buyers of Arizona Real Estate need to know.
FREE shopping, golf, sports, Arizona Living info
FREE info on Great Canadian Picnic, & Canada Cup Golf Tournament
FREE Market News from www.marymaxie.com
Maxiemize Lifestyle with PhoenixAreaCanadianRealtor
Mary Maxie, Associate Broker, Prudential Arizona Properties
GREEN Master of Real Estate, GRI, CRS, ABR, CSSR, SFR, CRMS, CIPS

Mary’s Funny Real Estate Stories

Mary’s Funny Real Estate Stories: Out showing houses & stopped for lunch with clients. My (male) client sat down & asked if I minded if he took off his leg. Even though he had shorts on, his leg was so realistic I hadn’t noticed that it was a prosthesis. So he took it off, & as we were leaving, he took it out from under the table, & re-attached it. You just never know what is going to happen when you are showing houses!

Want to know more about the Phoenix Scottsdale home scene?
Interested in learning about short sales & how they affect your credit?
Call or email mary@marymaxie.com for free info on the following:
*Register for frequent MLS updates on your new Arizona Home at www.marymaxie.pruaz.com
*Disclosure issues affecting Phoenix Home buying
*Shopping, Golf, Sports, Critter Report, Arizona Living
*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597
Mary Maxie, Associate Broker, Prudential Arizona Properties
Frequent updates at my blog www.marymaxie.com

Canadians Investing in Phoenix Real Estate

Canadians Investing In Phoenix Real Estate
I hear that people from Canada are reluctant to invest in homes in the USA. They seem to think that the economy is bad here. Surprise! Of course it’s bad. However, that’s what makes it so appealing for people to buy here. 46% of homes are now being bought by investors. They can’t all be wrong! Canadians are the largest group of buyers in the Greater Phoenix area, & for good reason. Last year, Canadians made up about 12% of the buyers here in PHoenix. This year, so far, Canadians are buying about 23% of the houses sold here. Chances are you’ll have a Canadian neighbor on one side of you or another.The Canadian dollar is hovering around 96 cents up to over one dollar US & prices here are low (all because of the US economy) If the US economy improves, guess what happens? The Cdn dollar will lose its premium against the US$, & home prices will rise. So the very things that make the Phoenix house market attractive are what some people fear. You can’t have it both ways, people. We are already seeing more stable pricing, low interest rates & mortgage money available for Canadians..

And even though the economy is bad here, gas, food, clothing, entertainment prices here are still much cheaper than in Canada.

Free Stuff from Mary@marymaxie.com
FREE Pickup of books, paperbacks, videos, CDs, sheet music, for VNSA Charity Book Sale
FREE Tips on Home staging your house for better showings
FREE Tips for First Time Home Buyers
FREE Tips for First Time Home Sellers
FREE The 10 Things Most Often Cited on Home Inspections
FREE Info on 180 day rule for foreign home buyers
FREE Info on FIRPTA Rules for foreign investors
FREE Info on what Canadian buyers of Arizona Real Estate need to know.
FREE shopping, golf, sports, Arizona Living info
FREE info on Great Canadian Picnic, & Canada Cup Golf Tournament
FREE Market News from www.marymaxie.com
Maxiemize Lifestyle with PhoenixAreaCanadianRealtor
Mary Maxie, Associate Broker, Prudential Arizona Properties
GREEN Master of Real Estate, GRI, CRS, ABR, CSSR, SFR, CRMS, CIPS

Pre-Qualification vs Pre-Approval for mortgage loans

Pre-Qualification vs. Pre-Approval for mortgage loans >One sure way to reduce stress during the process of home
buying is to seek pre-approval. Buyers who are pre-approved
are taken more seriously than their pre-qualified counterparts.
Pre-qualification is not a loan commitment from a lending
institution; it is only a loan agent’s opinion that you will be
able to obtain financing. Virtually anyone can achieve prequalification
status. Pre-approval, on the other hand, signifies
that the application has been taken through a rigorous
procedure. Pre-approved buyers enjoy these benefits:
1. If you make an offer on a home and then apply for a
loan, you are at the lender’s mercy. He sets the interest rate
and points, aware that you do not have time to shop around.
2. Pre-approval saves time spent looking at houses you
can’t afford.
3. If you rely on your lender to tell you what you can afford,
you may end up with a high mortgage payment. Most people
can qualify for more than they feel comfortable paying.
4. Having a pre-approval letter from a lender gives you an
edge when multiple offers have been made on a house.
5. Pre-approved buyers can generally close escrow more
quickly. Once you submit your credit package, most of the
legwork has already been done.

Free Stuff from Mary@marymaxie.com
FREE Pickup of books, paperbacks, videos, CDs, sheet music, for VNSA Charity Book Sale
FREE Tips on Home staging your house for better showings
FREE Tips for First Time Home Buyers
FREE Tips for First Time Home Sellers
FREE The 10 Things Most Often Cited on Home Inspections
FREE Info on 180 day rule for foreign home buyers
FREE Info on FIRPTA Rules for foreign investors
FREE Info on what Canadian buyers of Arizona Real Estate need to know.
FREE shopping, golf, sports, Arizona Living info
FREE info on Great Canadian Picnic, & Canada Cup Golf Tournament
FREE Market News from www.marymaxie.com
Maxiemize Lifestyle with PhoenixAreaCanadianRealtor
Mary Maxie, Associate Broker, Prudential Arizona Properties
GREEN Master of Real Estate, GRI, CRS, ABR, CSSR, SFR, CRMS, CIPS

Arizona Real Estate News: Gov’t Help for Home Seekers/Owners

Arizona Real Estate News: Gov’t Help for Home Seekers/Owners

Obama To Promote New Steps To Help Housing Woes – According to an administration official, Obama’s housing initiative will help homeowners with little or no equity in their homes refinance by cutting the cost of doing so and removing caps for deeply underwater borrowers.  The new rules apply to homeowners with federally guaranteed mortgages who are current on their payments.  With the president’s jobs bill struggling in Congress, the White House is refocusing its efforts on steps Obama can take to address the nation’s economic woes without getting lawmakers’ approval.  Read article:
http://www.npr.org/templates/story/story.php?storyId=141648275

 

Ariz. underwater homeowners to get help with refinancing – More Arizona homeowners may soon be able to refinance to current low mortgage-interest rates, no matter how far underwater they are in their homes.  The federal Home Affordable Refinancing Program has allowed certain loans to be refinanced if the borrower owed up to 125% of the home’s value.  The plan announced Monday would lift the value requirement completely, allowing some borrowers to refinance no matter how much their home’s value has dropped, if their mortgage is backed by one of the two largest federal mortgage agencies and they meet other requirements.  Read article:
http://www.azcentral.com/business/realestate/articles/2011/10/25/20111025arizona-homeowners-underwater-help-obama.html

 

Free Stuff from Mary@marymaxie.com

FREE Pickup of books, paperbacks, videos, CDs, sheet music, for VNSA Charity Book Sale

FREE Tips on Home staging your house for better showings

FREE Tips for First Time Home Buyers

FREE Tips for First Time Home Sellers

FREE The 10 Things Most Often Cited on Home Inspections

FREE Info on 180 day rule for foreign home buyers

FREE Info on FIRPTA Rules for foreign investors

FREE Info on what Canadian buyers of Arizona Real Estate need to know.

FREE shopping, golf, sports, Arizona Living info

FREE info on Great Canadian Picnic, & Canada Cup Golf Tournament

FREE Market News from www.marymaxie.com

Maxiemize Lifestyle with PhoenixAreaCanadianRealtor

Mary Maxie, Associate Broker, Prudential Arizona Properties

GREEN Master of Real Estate, GRI, CRS, ABR, CSSR, SFR, CRMS, CIPS

 

Greater Phoenix Real Estate Mostly Good News

Greater Phoenix Real Estate Mostly Good News

Massive West Valley development to launch – Two Phoenix-area developers, John F. Long Properties and the Alter Group, are planning a massive mixed-use commercial development in the West Valley that will span Phoenix, Avondale and Glendale.  The project is made up of three separate parcels totaling 1,500 acres and likely will take decades to complete, the developers said.  Over the course of its development, the project is expected to create 3 million square feet of employment space, generate at least 10,000 West Valley jobs and rake in $500 million in construction costs.  Read article:
http://www.azcentral.com/business/realestate/articles/2011/10/21/20111021massive-west-valley-development-launch.html

Investors See Bigger Profits From Rising Rents – Rental demand and prices continue to soar, and investors are cashing in.  Rents are rising at a 5.17% annual rate — up from last year’s 4.72% rate.  Renters are increasingly showing an appetite for single-family homes owned by investors.  Investors make up anywhere between 20 and 40 percent of monthly existing home sales, according to home-sale data.  Read article:
http://realtormag.realtor.org/daily-news/2011/10/21/investors-see-bigger-profits-rising-rents

Renters Spending 5% More Than Home Owners – Rising rents are forcing renters to outspend homeowners on housing costs.  Since 2005, homeowners’ housing expenses have climbed from 31.9% of their household budget to 33.2%.  However, renters’ expenses have jumped from 35.6% to 38.4% during that same time period, according to the October CoreLogic U.S. Housing and Mortgage Trends.  Read article:
http://realtormag.realtor.org/daily-news/2011/10/26/renters-spending-5-more-home-owners

Free Stuff from Mary@marymaxie.com

FREE Pickup of books, paperbacks, videos, CDs, sheet music, for VNSA Charity Book Sale

FREE Tips on Home staging your house for better showings

FREE Tips for First Time Home Buyers

FREE Tips for First Time Home Sellers

FREE The 10 Things Most Often Cited on Home Inspections

FREE Info on 180 day rule for foreign home buyers

FREE Info on FIRPTA Rules for foreign investors

FREE Info on what Canadian buyers of Arizona Real Estate need to know.

FREE shopping, golf, sports, Arizona Living info

FREE info on Great Canadian Picnic, & Canada Cup Golf Tournament

FREE Market News from www.marymaxie.com

Maxiemize Lifestyle with PhoenixAreaCanadianRealtor

Mary Maxie, Associate Broker, Prudential Arizona Properties

GREEN Master of Real Estate, GRI, CRS, ABR, CSSR, SFR, CRMS, CIPS

 

Arizona Home Caring: Prevent Indoor Leaks

Arizona Home Caring: Prevent Indoor Leaks

  Scottsdale Scene: Prevent Indoor Leaks

In some cases what appears to be a roof surface leak is not a leak at all, but rather an interior source of water. Here are some examples -

  • Air leakage from the house: If household air can leak into the attic, the warm moist air will condense on surfaces in the attic during cold weather. This can cause damage to the roof decking and structural framing and in severe cases cause water to drip back into the house. Sealing the house from the attic in cold climates is very important.
  • Leaking forced air ducting: If heating and cooling ducting runs through the attic, they should be well sealed, to prevent condensation in cold weather.
  • Air conditioning ducting: If air conditioning ducting runs through the attic, it should be well insulated and should have a good vapor barrier.
  • Attic mounted heating and cooling: High efficiency furnaces and air conditioning evaporators located in the attic can create condensation and leak into the house.

PILLAR TO POST ® HOME INFORMATION SERIES

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:

*Register for frequent MLS updates on your new Arizona Home

*Disclosure issues affecting Phoenix Home buying

*Shopping, Golf, Sports, Critter Report,ArizonaLiving

*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597 begin_of_the_skype_highlighting              602-738-6597      end_of_the_skype_highlighting

Mary Maxie, Associate Broker, Prudential Arizona Properties

Boating in Arizona?

Boating in Arizona

 
Boating and fun at the lakes in Arizona. Bet you didn’t know we had such nice lakes so close by! And did you know there are more boats in Arizona per capita than there are in California?
http://www.azcentral.com/travel/articles/2010/08/10/20100810bartlett-lake-boating-skiing-fishing.html

Maxiemize Fun!

Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:

*Register for frequent MLS updates on your new Arizona Home

*Disclosure issues affecting Phoenix Home buying

*Shopping, Golf, Sports, Critter Report,ArizonaLiving

*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597

Mary Maxie, Associate Broker, Desert Dwellers Realty

Frequent updates at my blog www.marymaxie.com

Phoenix Real Estate: landscape to wow buyers

Landscape to WOW buyers

 
Landscaping tricks that WOW buyers:
Add splashes of color.
Size trees and shrubs to scale or scale them back if necessary.
Maintain a perfect lawn, or rake your gravel yard. No weeds!
Light up the outside so it looks good at night too.
Let them hear water– pool cascading, even a tabletop fountain gets rid of ambient noise
Decorative architectural elements– new window box, fence, mailbox, fountain or sculpture– don’t overdo it.
 
 Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:

*Register for frequent MLS updates on your new Arizona Home

*Disclosure issues affecting Phoenix Home buying

*Shopping, Golf, Sports, Critter Report,ArizonaLiving

*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597

Mary Maxie, Associate Broker, Desert Dwellers Realty

Frequent updates at my blog www.marymaxie.com

Phoenix Real Estate Report: FBI tackling mortgage fraud

Phoenix Real Estate Report: FBI Tackling Mortgage Fraud

 The FBI is actively searching out mortgage fraud cases across the country. The ease of obtaining mortgages, without proper qualifying has caused muchof the fraud. InArizona, a special unit of the FBI is seeking anonymous tips from realtors, bankers, escrow officers and anyone else who believes there may be fraud involved in a transaction.

The fraud is particularly difficult to unearth, and relatively easy to perpetuate. It is estimated that at least $10 billion in loans were made with fraudulent application data in 2010. Because of the decline in the housing market, there are predictions that there will continue to be new attempts to utilize loopholes in the lending market.

 Frauds usually involve the falsifying of financial information that buyers use to qualify for loans. Included in the schemes are false declarations of income and credit, inflated  or undervalued appraisals, all of which are used by those seeking to get rich quick cutting corners. There are indications that organized crime groups may also be involved in some cases.

 In June 2010, the FBI launched its offensive against mortgage fraud in a initiative code named Operation Stolen Dreams. The highest incidence of fraud, predictably, is in the areas of the country hardest hit by housing problems, includingCalifornia,Florida,New York,Illinois,Nevada,Arizona,Michigan,Texas,Georgia,MarylandandNew Jersey.

Phoenix file: get the best home inspection, not the cheapest

Get the best home inspection not the cheapest

 
Get the best home inspection, not the cheapest. It always amazes me that people price shop for a home inspection on the biggest asset they will ever purchase, and will choose their inspector based on as little as a $25 difference. Before you choose an inspector, ask to see proof of the following:
1. Is the inspector certified/licensed by the state or federal authorities in your area?
2. Does the company have liability insurance (should be a minimum $1million)?
3. Does the company have Worker’s Compensation for its inspectors?
4. Does the inspector belong to a recognized national home inspectors’ group such as ASHI or NAHI, which mandates continuing education?
5. Does the inspector indemnify the realtor against any lawsuits for whatever reason, and does the inspector carry Errors and Omissions insurance?
There are many other reasons to hire an inspector, but if an inspector can’t satisfy me as to all of these, I won’t allow my buyers to hire him/her. I also ask for all these qualifications from inspectors before my sellers will allow them into my listings, on behalf of a buyer. I feel I need to protect my sellers as well. In these tough and litigious times, it only makes sense to protect your buyers, sellers, and yourself as a realtor.
In tough times, many home inspectors let their insurance, their national home inspectors’ group memberships and continuing education lapse, because it is very expensive to keep up. If they are offering a cheaper home inspection, it’s often because they don’t have propert qualifications, credentials, experience and insurance. Don’t assume that someone who had those things a year ago, still has them. Ask to see all of the above at least once a year, from whoever you recommend as an inspector.
Price shopping is not the way to choose a home inspector
 Want to know more about the Phoenix Scottsdale home scene? Call or email mary@marymaxie.com for free info on the following:

*Register for frequent MLS updates on your new Arizona Home

*Disclosure issues affecting Phoenix Home buying

*Shopping, Golf, Sports, Critter Report,ArizonaLiving

*Maxiemize Lifestyle with PhoenixAreaCanadianRealtor 602-738-6597

Mary Maxie, Associate Broker, Desert Dwellers Realty

 
 

Phoenix File: thinking of installing a pool?

 

Phoenix File: Thinking of Installing a Pool?

Whether you want an award winning creation or a simple retreat from life’s daily routine, careful planning for your inground pool will help you make the best decisions for your lifestyle and budget.

 Vinyl Liners. This is the most popular type of inground pool. They are fully customizable in pool shape and size to suit any backyard. Liners are available in dozens of colors and patterns. They are well known as easy to maintain with a long lasting surface.

Concrete. Creativity is the hallmark of the concrete pool. Each one is a custom-built structure that will last a lifetime. Builders can fulfill a homeowner’s dream with creative designs and accents with glass or ceramic tile, plaster or paint.

Fiberglass. One-piece pools are made of fiberglass resins and finished with a non-pourous surface similar to that used on boats. Popular for their simplicity of construction, these pools are fabricated in a factory and shipped ready for installation. Although limited to sizes and shapes, these pools can be customized with colour and finishes. They work well in all soil conditions.