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Blog by Doug Ingersoll

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New Aviano Listings

The next Aviano real estate meeting will be on 6.1.11 at 6:30 PM in the Aviano community center. Bring your laptop and we will go through the recent solds and what is currently active. Free, ultra casual and lasts an hour. See you there.

If your looking for a home in the magical zip code of 85254 we have a new listing. Take a look at this information and call me if you or someone you know has interest. 5407 East Piping Rock Road, Scottsdale, Arizona 85254

                                                                                                                       
A new listing in Aviano for a short sale Savino at 3941 East Patrick Lane. Priced at $449,900 for 3477 sq ft, 4 bedrooms, 3 baths and a 3 car garage. This home was on the market for 17 days in November of 2008 priced at $689,900. Three houses away from Wildfire Elementary School, it does not have a pool but does have some nice upgrades and a built-in bbq in the backyard.
              Floorplan   Bird view



The Venado at 22318 North 36th Street is listed as active in mls as a short sale with a price of $1,100,000. The price will be adjusted once the listing agent gets the approval to do a short sale from the bank/owner. 4147 sq ft with 3 bedrooms, 4 baths and a 3 car garage.
Floorplan    Bird view

The short sale Amazon model at 21530 North 37th Street in Fireside is now pending. 4302 sq ft with 6 bedrooms, 4.5 baths and a 4 car garage. Built in 2007 it has a list price of $499K. All fingers crossed they get it done. Short sales take time and one reason why it is so time consuming is that the banks do their own diligence on what a home is worth. So a buyer after a period of waiting can expect one of three responses on their offer: yes, no or a counter offer of $XXX. That counter offer may be much higher that the original teaser list price on the mls listing used solely to get an offer on the hook. There is no logic in many aspects of a short sale so it is always entertaining to follow these to the final outcome.


Neighbor Sam sent this article on underwater mortgages. This paragraph sums it up: "The proportion of underwater mortgages in Chicago, 45.7 percent, is eighth-highest among the nation's 25 largest metropolitan areas, and pales in comparison to the devastating 68.4 percent of underwater mortgages in Phoenix, Arizona, the nation's highest among big cities."

While being underwater on your mortgage is not a permanant situation, a congested urban area with crumbling infrastructure, insane high taxes and really bad weather IS for those in the Chicagoland area. I'll take underwater in Phoenix anyday.
                                                                                                               
Looks like the Anguilla model at 22313 North 36th Street was not purchased by anyone at the trustee sale on 5.9.11 and is now owned by ING Bank. Opening bid was $546,753.

Tags:aviano,desert ridge,phoenix,real estate,villages at aviano,fireside,Arizona,short sale,foreclosure,fireside at desert ridge,Toll Brothers,pulte del web,bella monte. Information and pictures supplied by MLS and deemed reliable but not guaranteed. Proud to wake up, live and work in the great State of Arizona.

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