Beautiful Home Located In Tucson’s Popular Southeast Area!! Price Reduction. Civano II

March 28th, 2013 by admin No comments »

 

Fantastic news!! The price has been reduced to $134,900 for this beautiful home located in Civano II on Tucson’s popular Southeast side. This home is located in the Vail school district. This home has two large master bedrooms and bathrooms. A huge den upstairs!! Living spaces are wide open and spacious! Beautiful views!! Alot of counter and cabinet space in the large kitchen. The owner of this beautiful home will also have access to the community pool and athletic facilities located down the street. If you’re looking for a new home, you’ll defintely want to see this one!! It will not last long. Located at 6047 S Cedar Elm Lane Tucson, AZ 85747. Call Chad Brockschmidt at 520-235-6221 for questions or a viewing.

Beautiful Home in Southeast Tucson. Civano II. Community Pool! Excellent Value!

January 11th, 2013 by admin No comments »

 

This home is located on Tucson’s southeast side in Civano II. It’s a gorgeous 2 bedroom/3 bathroom home with a very large loft upstairs. This home comes complete with a beautifully designed floorplan that offers an open and spacious lifestyle. This home is move in ready. The kitchen has an over abundance of cabinet and counter space. The Master bedroom is spacious with a large bathroom and big walk in closet!! The second bedroom has a bathroom as well. Stunning mountain views! Ownership provides access to the community pool and athletic facilities. No neighbors on one side of the house. Solar hot water system. This is a definite must see!!! This home is located at 6047 S Cedar Elm Lane Tucson, AZ 85747. Please contact Chad Brockschmidt at 520-235-6221 to see the home.

Beautiful 4 bedroom home in Southwest Tucson! Gorgeous Floorplan!!

December 12th, 2012 by admin No comments »

 

You’ll definitely want to take a look at this gorgeous home with a very popular floorplan. This home has a very open and spacious feel to it. The kitchen is very large with an overabundance of cabinet and counter space. The kitchen is complete with a breakfast bar, gas stove, beautifully upgraded cabinets with custom molding, large pantry and tile floors. One bedroom and bathroom are downstairs. The upstairs has a large loft, master bedroom and bathroom and 2 spacious bedrooms. There is a covered  rear patio with a block wall surrounding the back yard. Mountain Views!!! All appliances stay. Washer and dryer are upstairs for easy laundry chores. This home is located on the same road as the cute little neighborhood park. It’ll take you less than a minute to walk to it!! If you’re in the market, make sure to look at this one!! This home is located at 6537 S. Giuliani Ave. Tucson, AZ 85757. For more pictures and information, please click here . I or my associate, Cathy Wolfson, can be reached at 520-548-3417 or 520-235-6221.

More Short Sale Buyer Q and A – Tucson

October 3rd, 2012 by admin No comments »

Here are some more Q and A’s regarding Short Sales

Q. Can the lienholder truly mitigate loss by agreeing to do a short sale?

A. In many circumstances, yes. The foreclosure process is expensive and consumes alot of time. Each case is unique though.

Q. Why would a homeowner opt to request a Short Sale rather than letting the lienholder take the property back?

A. Homeowners do a short sale to prevent foreclosure. It provides a more graceful exit and may help avoid a bigger hit to their credit score.

Q. Is a Short Sale a good deal?

A. That all depends. Each case is different. I’ve seen some Tucson short sales be sold for more than what I felt the house was worth. I’ve seen some short sales be sold for alot less than what I felt they were worth. Value is sometimes subjective and alot depends on the person doing the appraisal for the short sale lienholder or the broker price opinion for the short sale lienholder.

Q. Is the process complicated?

A. It most definitely is. It can also take alot of waiting around for the short sale lienholder to decide. There are few standard operating procedures. You could wait around for nothing. From a buyer’s side, it helps just as much as it does from the seller’s side to use an agent that is experienced and good at getting short sales approved with the lienholder. The Short Sale Specialist will know what questions to ask the listing agent to gauge whether or not that particular home/short sale is a good fit for the buyer. They can also find out the likelihood of your offer getting approved.

Whether you’re a buyer or seller, I always suggest using a knowledgeable Short Sale agent/negotiator when dealing with a short sale transaction. It is most beneficial to you.

For any further questions, I, Chad Brockschmidt, can be reached at 520-235-6221. You can also visit my website at therealestateintucson.com .

Tucson Short Sale Buyer Q and A. Day one.

October 1st, 2012 by admin No comments »

Tucson Short Sale Q and A For Buyers.

Q. What is the difference between REOs and Short Sales?

A. REO is an acronym for Real Estate Owned. It is a home that has been taken back or sold by the bank at a foreclosure sale due to a default from the previous owner. A short sale is when the homeowner sells the house for less than what that homeowner owes to the bank on the mortgage. This takes place when the home is worth less than what the current owner owes on the mortgage.

Q. Why is the debt greater than the value of the home?

A. Many reasons. The homeowner may have purchased at the height of the market, could be an adjustable rate mortgage, declining sales prices, etc..

Q. How is the seller/current homeowner allowed to sell the property if the debt is not paid in full?

A. If the seller does not have the money to make up the deficiency, the lienholder sometimes allows the home to be sold as a short sale to mitigate their losses.

I’ll have more about this tomorrow. If you have any questions or would like to discuss a possible short sale of your home, please call Chad Brockschmidt at 520-235-6221. I can also be reached by email at  . If you don’t call me, I highly suggest you use an agent that has experience and expertise in the short sale market. Short sales are alot more complicating than a regular sale and I highly recommend that you utilize an agent that has a history of getting them approved and closed. You may also visit my website, therealestateintucson.com for more info as well.

Sabino Vista Hills Short Sale Opportunity!! Pool! Fantastic Views!!

September 28th, 2012 by admin No comments »

 

This one just went on the market. It’s another fantastic short sale opportunity in northeast Tucson!! This home is located at 3960 N Hillwood Circle Tucson, AZ 85750 on Tucson’s northeast side. The views from this home are absolutely beautiful. You have city views from the front of the home and majestic mountain views from the back yard. Located in one of Tucson’s most desirable neighborhoods. It’s located on top of a hill. New ceramic flooring.  It’s in the subdivision of Sabino Vista Hills. Sabino Vista Hills offers an Olympic size pool & newly refurbished tennis courts. A  recreation center is available for parties and there are walking/running trails next to Canyon Ranch. This house also has a gorgeous pool in the back yard to enjoy as well!! The house sits on a .74 acre lot. Alot of space to stretch out in and enjoy life. Come see what Sabino Vista Hills has to offer. If you’d like more information regarding this home or would like to see it up close, please contact me at 520-235-6221 or I can be reached by email at . You may also view this listing by clicking here .

I specialize in short sales. If you or anyone you know are struggling with your current home mortgage and would like information about selling your home as a short sale, please contact me and I’ll be happy to sit down and answer any questions you may have. Short sales are alot tougher to successfully close than regular sales and I suggest using an agent that has had success closing them if that’s the path you’re looking to take.

Fantastic Short Sale Opportunity in Tucson!

September 27th, 2012 by admin No comments »

 

Here’s another fantastic short sale opportunity right here in Tucson, AZ. This one just went on the market. This is a gorgeously designed 3 bedroom, 2 bath floorplan. The home’s floorplan is excellent and is very spacious and open and it has soaring ceilings. The large kitchen has an overabundance of cabinet and counter space. The cabinets are upgraded and the counters are Corian. There is a huge loft area upstairs. The master bedroom and bathroom are extremely large and it is complete with a big walk in closet. There is a nice park right down the street and an open common area sits behind the spacious backyard. There are actually little parks spread throughout the subdivision. Very nice!! It is located in the Valstate subdivision. Just south of the intersection of Valencia and Benson HWY. This beautiful home is a definite must see!! It is located at 6633 S Hidden Flower Way Tucson, AZ 85756. Please call me at 520-235-6221 if you’d like to take a closer look at it. If you’re an agent, no need to preview for your client. Just take them there. It shows beautifully. It’s been excellently maintained. Click here if you’d like to see more information on this home or give me a call. You can also visit therealestateintucson.com for more information as well. 

Deed in Lieu of Foreclosure option for struggling Tucson homeowners

September 26th, 2012 by admin No comments »

Deed in Lieu of Foreclosure (DIL) is another option that may be available to struggling Tucson homeowners.  A deed in lieu of foreclosure is when transfer of the ownership of your property to your mortgage company is done in exchange for a release from your mortgage loan and payments.  A deed in lieu of foreclosure may allow you to eliminate or reduce your mortgage debt, and you may be eligible for relocation assistance. You may also be able to recover your credit score and possibly get another house faster than if your house went through foreclosure. Please remember, each situation is different. Each lender is different. Your lender will have to agree to do this. If you have any questions, please call your lender. If you have any questions about the previous options that I blogged about, please call me, Chad Brockschmidt, at 520-235-6221. You can also email me at and you can also visit my website at therealestateintucson.com . The Fannie Mae website to visit is http://www.knowyouroptions.com/ . This will also answer some of your questions.

If you are interested in a short sale, I strongly advise using an experienced agent who knows how to get them done. These are alot more complicated than your average home sale.

Short Sale and Deed for Lease Options for Struggling Tucson Homeowners

September 24th, 2012 by admin No comments »

Two more options for struggling Tucson homeowners are the short sale and deed for lease options. As I’ve spoken about before, a short sale is a sale where the home is sold for less than the balance remaining on your mortgage. Your mortgage servicer and investor have to agree to do this. A short sale  will eliminate or reduce your mortgage debt. You may also get some assistance for relocation from your servicer/investor and you may be able to recover your credit score -and get another mortgage-faster than if you went through a foreclosure. Deed for lease is a new program where you temporarily lease your home. You transfer ownership of your home to the mortgage company (called a deed in lieu of foreclosure – more on that in another blog post) in exchange for release from your mortgage loan and payments. You can rent the property back -at a more affordable rate- and remain in the home as a tenant. Not all servicers/investors offer this so you’ll need to see if your’s does. This allows you to stay in your home, you may be able to recover your credit score faster than if you went through a foreclosure, you may get assistance for relocation after the lease is up and it allows you to avoid foreclosure.

Forbearance and Modification Options For Struggling Homeowners

September 22nd, 2012 by admin No comments »

Two possible options for struggling homeowners are forebearance and loan modifications.

Forebearance is an offer by your mortgage company to temporarily suspend or reduce your monthly mortgage payments for a certain period of time. This gives you time to improve your financial situation and it’s less damaging to your credit than a foreclosure. It also allows you to stay in your home.

A loan modification is an agreement between you and your mortgage servicer/investor that changes the original terms of your mortgage. The terms that change could be the payment amount, length of loan, interest rate, etc. You may be eligible for the Home Affordable Modification Program (HAMP) created to help struggling homeowners. This allows you to reduce your monthly payments to a more affordable amount, it’s less damaging to your credit score than a foreclosure and it allows you to stay in your home and avoid foreclosure. These are just 2 possible options for you. I suggest calling your servicer or give me, Chad Brockschmidt, a call at 520-235-6221. You may also visit my website at therealestateintucson.com . Each person’s situation is different so this will take some leg work to find out if you are eligible or even if it’s best for you.