check out this fabulous website for the best locals’ recommendations on what to in Tucson…. great eateries, bands, shopping…. really wonderful writeups with photos and links. a wonderful new resource for newcomers and natives alike!
Fast, friendly, reliable creative solutions to get your house spiffed up for selling. Artist Amy Novelli, with 25 years experience in commercial, scenic and fine art painting won’t just tell you to have the entire house re-painted. With a little cleaning, spackling and touch up, (and a lot less money) you can have those “lived in, age spots” removed to reveal a clean, homey atmosphere ready for whatever treatments the new owner wishes to throw at it. Trusted in the home alone, will let the dog out and see your kids in…….Faux, tsp washing, plastering, wood fill, holes fixed, all for $25 hr or bid job. Call 520-903-9507 or see www.amynovelli.com
check out 716 E Mabel on youtube! http://www.youtube.com/watch?v=lASsLfHQr-s
Maybe. It depends. Chasing the short sales and foreclosures is all the rage right now, of course (summer ‘08 in Tucson seems like the summer of pain for sellers). But you absolutely must use caution, research like crazy, and be smart about it! “Distressed” can mean the seller is no longer making payments, but it can also mean the property is in bad shape, and will require a ton of cash to purchase, and a ton more to whip into shape.
Are you looking to live in it? Rehab and rent it? Rehab and sell it again? These are very very different purposes, and your motivations and gameplan should be carefully considered. If you’re after a certain neighborhood, and see something so far below the comps that it is a “steal” and you have the money to get it to lovely condition, then by all means, it’s a good chance to buy into your desired neighborhood. Know that you may not be the only person who feels this way…if it’s Sam Hughes, I’ll be there bidding too!
If you’re looking to rehab and hold it, as a rental, know your rehab costs, and learn the rental market. Be conservative….can you afford to carry it through the months of work? Can you afford more downtime if it doesn’t rent right away? Is your rental expectation realistic? Tough questions, but lots of people are addicts of HGTV and never finish. Don’t let the short sale or foreclosure frenzy get you in over your head.
If you’re looking to flip, know this. Flipping is over. The buyers’ market is still going to be a buyers’ market, even if you pick up a property for what you feel is a song. You won’t be able to sell high. You’ll buy low, but sell low. My advice… flipping is the last reason one should go after a distressed property. Buy it to live in it? Yes. Buy it to use as a rental property? Maybe. Buy it to flip? Probably NOT a good idea.
According to Yahoo news, 1 million properties are in some stage of foreclosure, so there are “deals” out there. But know that the competition is stiff, you need a lot of cash (to buy, and also to do the work if it needs it), but the market is slow. You may find tht you have to weather the dead market for a year, maybe 3 years. If you’ve planned for that and can afford it, go for it. If it will strap you, then the foreclosure sale is not for you. You’ll just be in the distressed homeowners shoes in a matter of no time.
want the skinny on your ‘hood? www.zipskinny.com
Realty Executives Awards Ceremony 2007
Go ahead….. give it a try! Can you name the oldest? Your hints are 1775, and think of another word for fort! Which one became home to railroad executives in the 1880’s? Hint: it’s our concentration of east-coast style Victorians! Where is our concentration of California-style bungalows? Hint: the UA caused two “suburbs” to crop up…. can you name those two? And what about my neighborhood? We are famous for housing many santitariums for tuberculosis patients… early nickname was “Lung Hill.”
Email me! sdenis1@cox.net
You’re thinking your house for sale is wonderful, and you’re wondering why it’s not selling. Here’s what buyers want, according to recent survey results from the National Assoc of Realtors:
Did you know that 51% of homebuyers remodel the kitchen within a year of purchasing the home? Interesting.
So… if you’re looking at that nasty old carpet, wondering what to do…. rip it up, put down wood! And if you think everyone in Tucson should just suck it up and live with a swamp cooler —no way! Now’s the time to get good pricing on central A/C installation… summer’s over, so get an estimate done today. Get your home as close to as you can… there’s a lot out there for them to choose from!
You don’t believe that it’s a VERY good time to buy? Here’s why I think you should get started with me today: 4 reasons.
1. Sellers wouldn’t have their homes on the market right now if they didn’t need to sell, which makes everything negotiable! You must have a realtor who’s not shy about lowballing on your behalf, negotiating hard, and guiding you to the real deals!
2. There is a huge inventory right now, literally hundreds of homes in your pricerange and with your criteria. Now is the time to get shopping with a tireless realtor ready to sift through them and help you choose.
3. Prices are continuing to correct, true. But why not get out there while other buyers are sidelined and hesitant? This way you get to see the very best in your pricerange, work with me to get it now, at a price lower than the next 7 months worth of despairing price reductions. The seller will be easier to deal with on repairs now. Buyers are gold, and sellers know it.
4. The mortgage crisis may be helping you! If you have good credit and get into a loan program that won’t hurt you in the future, you are still afloat! Hundreds of would-be buyers just went under in the pool of potential buyers. I’ll help you find a local lender you can count on and learn from and trust.
Yes, it’s a VERY good time to buy!
check out my blog for the latest in desert digs and deals, advice, random thoughts, musings, pix of houses i like, gates that inspire….