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Blog by Doug Ingersoll

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Short Sale Secrets Explained!

February 28th, 2010
I will try to dribble in some findings from my short sale continuing education course I took last week. When you watch animal planet or a show about wildlife and they show the mating ritual of some unfamiliar and scary looking animal, that is what a short sale looks like. Unless the engagement is choreographed exactly right, one of
the participants calls it off and hits the road or worst case ...

Melilla Model in Aviano Sells for $560K

February 27th, 2010
After 2 days and 16 hours of class study on short sales, my head hurts. A big pile of stuff to get through so lets go.


Floorplan
Map
Villages unit 1019, an Amici model is active for sale. 1386 sq ft, 2 bed, 2 bath and 2 car tandem garage. Short sale.



Floorplan
Map
A normal sale Blanca listing at 3663 E. Louise Dr is new to market for $525K. 3211 sq ft with 4 bedrooms (counting the downsta ...

Tarragona Models in Aviano

February 25th, 2010


Floorplan
Map
The bank owned Tarragona model at 3968 E. Scout Pass Rd is now on the market for $384,900. You will recall we also have a lender owned Tarragona at 3814 E. Patrick Ln (see below) available for $385K so that must be what the banks figure is fair market value.


I was in 3968 E. Scout Pass on 8.10.07 when it was priced at $779K. My notes show a jetted master bath tub, travertine ...

Tax Implications of a Short Sale

February 24th, 2010

Not much happened in MLS yesterday either in sales or leases. 2 items today:

1. From John Wakes Blog "Arizonarealestatenotebook.com" comes this article:

80% of delinquent homeowners forecast to lose their homes




2. A neighbor in Aviano has waaay too much time on their hands and decided to look into the tax implications of short sales/foreclosures. As always, seek advice from legal and tax p ...

Blanca Video

February 23rd, 2010
I am no Hollywood director but I want to start adding video to the blog. This is my first and will improve as more are done. The bank owned Blanca at 22811 N. 38th Way is a distinctive home and worth taking a look at. MLS says it has multiple offers and why not when it is priced at $489,900. Enjoy.

...

3524 East Expedition Way Bank Owned San Felice Model

February 23rd, 2010


Floorplan
Map
3524 E. Expedition Way is the bank owned San Felice and it took a price reduction of $26K to $425K after 123 days on market. There is a pool in the back and a wooden play structure. Nice backsplash in the kitchen and there is a gas stub to the cooktop opening. The landing at the top of the stairs was enclosed so you have 3 secondary bedrooms that share 1 full bath.



Floorpla ...

Mortgage Lender Thoughts

February 22nd, 2010

From Stan Wang 
The Advantage Mortgage Group, Inc.
4835 E. Cactus Road, Suite 150
Scottsdale, AZ 85254
Office: 602-787-5324
E-Mail: swang@tamg.biz

"OPINION HAS CAUSED MORE TROUBLE ON THIS LITTLE EARTH THAN PLAGUES..." Voltaire. And lately, there have been a lot of opinions about inflation being voiced from Fed officials, respected economists, and the media. But what does all this talk really ...

Basement Homes

February 21st, 2010


Blanca Floorplan with Basement
Map

No need to go to Tempe to see the zoo. Simply hang out in front of 22811 N. 38th Way. Now owned by the bank this home came on the market last night for $489,900. The listing itself is great - lots of pictures, a well drawn floorplan with measurements by an appraiser and an email from Rossmar and Graham explaining the HOA fees at closing. This is way more i ...

Aviano Anguilla Model Closes

February 20th, 2010


Floorplan
Map
The bank owned Serrantina at 3517 E. Robin Ln reduced price to 394,900. This home needs a little tlc but I was surprised at the size of the yard - more spacious than you would think. Tough location will hurt resale.



Floorplan
Map
The Cerreto model, unit 1017 in the Villages is under contract for lease. The price in mls was $1500 a month. On the market for 186 days.



Floor ...

MLS Documents

February 19th, 2010
Since it was pretty quiet in MLS for Aviano, the Villages and Fireside yesterday I was looking at the documents associated with some short sales. You can do this too - just go to the "MLS Searches" tab, "Aviano for sale" click on the blue MLS number associated with each listing and look for the "Documents" tab in the upper right corner. There is great information in documents associated with ...
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