I completely attest to this. I'm finding my short sale listings go under contract within a week at most. Banks are favoring short sales because they net more proceeds. We're also seeing the change in paradigm with regards to credit score. FHA has changed their guidelines to requiring that a borrower who has a short sale on their record can get approved for a new FHA loan 2 years from the date that the short sale was recorded. If you read between the lines that is an indication of the shift in what credit means today.
I'm not a credit advisor and guidelines do change. But in my opinion people are just scared of the unknown. Short Sale's wouldn't be around if they were not a viable option for all parties involved. The best thing to do is consult with an attorney, CPA and a trusted real estate professional, preferably one who has experience with short sales.
The media projects a lot of fear and people who are not in the business and uninformed can also create doubt and angst in your mind. Always consult professionals and make an educated decision.
Uzi Husain, REALTOR, CSSN
Certified Short Sale Negotiator
Keller Williams Realty Professional Partners
http://www.UziHusain.com
Short sales not a long shot, experts say
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Wednesday, September 23, 2009
Avondale could be home to TV, movie studio
This is exciting. Please see the link to read details.
Avondale could be home to TV, movie studio
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Avondale could be home to TV, movie studio
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Saturday, September 12, 2009
Thursday, September 10, 2009
Wednesday, September 09, 2009
Tuesday, September 08, 2009
Saturday, September 05, 2009
Valley foreclosures drop, but reasons unclear
In addition to the bank back log my theory for this is that a lot of Short Sales are finally starting to close as well. When a home owner is able to list their home with a Realtor, especially one that is experienced and knowledgeable about Short Sales and are able to work with the bank to get a short sale approval then those home owners are able to avoid foreclosure.
Most of my business right now is Short Sale business. I recently got my first designation as a Certified Short Sale Negotiator and together with my team of short sale negotiation experts, we're seeing a huge success rate in helping home owners avoid foreclosure. If you're interested or know of anyone who needs to consult with a Realtor and discuss if Short sale is a good and viable option for them, please let us know. Thanks.
Valley foreclosures drop, but reasons unclear
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Most of my business right now is Short Sale business. I recently got my first designation as a Certified Short Sale Negotiator and together with my team of short sale negotiation experts, we're seeing a huge success rate in helping home owners avoid foreclosure. If you're interested or know of anyone who needs to consult with a Realtor and discuss if Short sale is a good and viable option for them, please let us know. Thanks.
Valley foreclosures drop, but reasons unclear
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Friday, September 04, 2009
9/5: Wildlife World Zoo marks 25 years
I have to try to make it there soon, before we move to Scottsdale in a few weeks. It's a great li'l zoo and another fun place to shoot some pix.
9/5: Wildlife World Zoo marks 25 years
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9/5: Wildlife World Zoo marks 25 years
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Monday, August 31, 2009
ASU wants Goodyear to build new campus in SW Valley
I'd love to hear your thoughts on this one...
ASU wants Goodyear to build new campus in SW Valley
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ASU wants Goodyear to build new campus in SW Valley
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Thursday, August 20, 2009
Valley home prices holding steady
Valley home prices holding steady
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I heard something pretty poignant the other day that made me chuckle...it's ironic that usually in a "buyer's market" buyer's are not buying. They actually wait till prices start going up! If you think about it, that's not a convention we apply when it comes to any other purchase in our lives so why do we do that for real estate. I really hope those who are inclined or have a need to buy a home, or sell a home, aren't waiting on the fences any longer. Especially first time home buyers. There's a lot of money to be left on the table and I don't know about you but I like to get in on the sale not a bidding war because of the old supply demand axiom working in the favor of the seller!
Uzi Husain, Realtor, Goodyear Palm Valley resident, Certified Short Sale Negotiator, serving Phoenix, Scottsdale and the surrounding cities since 2005
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I heard something pretty poignant the other day that made me chuckle...it's ironic that usually in a "buyer's market" buyer's are not buying. They actually wait till prices start going up! If you think about it, that's not a convention we apply when it comes to any other purchase in our lives so why do we do that for real estate. I really hope those who are inclined or have a need to buy a home, or sell a home, aren't waiting on the fences any longer. Especially first time home buyers. There's a lot of money to be left on the table and I don't know about you but I like to get in on the sale not a bidding war because of the old supply demand axiom working in the favor of the seller!
Uzi Husain, Realtor, Goodyear Palm Valley resident, Certified Short Sale Negotiator, serving Phoenix, Scottsdale and the surrounding cities since 2005
Tuesday, August 18, 2009
Single-family home building rises for 5th month
Single-family home building rises for 5th month
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Here in the west Valley, we're definitely seeing New Build projects once again. From Avondale and Goodyear to Laveen, from north Scottsdale and Phoenix to east Mesa and Gilbert, each day my inbox is full of announcements for a new development's grand opening. Seems Maracay and Richmond American Homes are most active amongst the new builds here in Maricopa County.
Have a great day!
Uzi Husain, REALTOR(R), Palm Valley Goodyear resident: serving greater Phoenix, Scottsdale and the surrounding valley cities since 2005.
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Here in the west Valley, we're definitely seeing New Build projects once again. From Avondale and Goodyear to Laveen, from north Scottsdale and Phoenix to east Mesa and Gilbert, each day my inbox is full of announcements for a new development's grand opening. Seems Maracay and Richmond American Homes are most active amongst the new builds here in Maricopa County.
Have a great day!
Uzi Husain, REALTOR(R), Palm Valley Goodyear resident: serving greater Phoenix, Scottsdale and the surrounding valley cities since 2005.
Thursday, August 13, 2009
Where to see wildlife, from elk to tarantulas
Where to see wildlife, from elk to tarantulas
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This post couldn't have been more timely...I just got a new D-SLR & I was thinking about going up to Sedona, visiting the various zoo's in the valley, possible day trip to Tucson and maybe even Desert Botanical Gardens for some shutterbug activity time - I can't wait. Stay tuned, I'll post the pictures as I take em
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This post couldn't have been more timely...I just got a new D-SLR & I was thinking about going up to Sedona, visiting the various zoo's in the valley, possible day trip to Tucson and maybe even Desert Botanical Gardens for some shutterbug activity time - I can't wait. Stay tuned, I'll post the pictures as I take em
Wednesday, August 12, 2009
Watch Indians' Rookie League games at Goodyear Ballpark
Football Season is just around the corner but for BaseBall fans in Goodyear, here's some great news to catch games at the new Goodyear Ballpark on Estrella Pkwy just south of Yuma.
I think I'm craving a hot dog!
Watch Indians' Rookie League games at Goodyear Ballpark
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Uzi Husain, REALTOR
Goodyear resident, proudly serving the metro Phoenix/Scottsdale and surrounding cities since 2005
I think I'm craving a hot dog!
Watch Indians' Rookie League games at Goodyear Ballpark
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Uzi Husain, REALTOR
Goodyear resident, proudly serving the metro Phoenix/Scottsdale and surrounding cities since 2005
Tuesday, August 11, 2009
Bashas' seeks to shut 14 more stores in state
Bashas' seeks to shut 14 more stores in state
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Sad indeed - the new Bashas on Pebblecreek pkwy in Goodyear is a beautiful store with a nice gourmet selection of cheeses and other items. The food court has a great variety. I wish they'd reconsider. All the best to all the families and folks who will be affected by these store closings.
Uzi Husain, REALTOR
Goodyear resident, specializing in Palm Valley & Serving Metro Phoenix/Scottsdale & the surrounding cities since 2005!
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Sad indeed - the new Bashas on Pebblecreek pkwy in Goodyear is a beautiful store with a nice gourmet selection of cheeses and other items. The food court has a great variety. I wish they'd reconsider. All the best to all the families and folks who will be affected by these store closings.
Uzi Husain, REALTOR
Goodyear resident, specializing in Palm Valley & Serving Metro Phoenix/Scottsdale & the surrounding cities since 2005!
Thursday, August 06, 2009
Tuesday, August 04, 2009
Plan to extend Loop 202 mulled
Plan to extend Loop 202 mulled
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Folks living in Laveen would have to wait until 2017 before construction for this highway ever becomes a reality. Now, my personal opinion is that if they are going to build then either connect thru at the 101 on the west side of town so that we truly have a loop and the folks living in the SW Valley have an easier access to the SE Valley cities (it would cost an arm and a leg yes I know but it would help traffic flow so much better for everyone) or build both, the 101 connection and the 51st ave connection. I think it's short sightedness to discount connecting at Laveen and not further out in or west of Tolleson. (Here's a thought...makes it easier for sports and concert fans living in far out Gilbert and Chandler etc to be able to bypass downtown and head straight on this for westgate)
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Folks living in Laveen would have to wait until 2017 before construction for this highway ever becomes a reality. Now, my personal opinion is that if they are going to build then either connect thru at the 101 on the west side of town so that we truly have a loop and the folks living in the SW Valley have an easier access to the SE Valley cities (it would cost an arm and a leg yes I know but it would help traffic flow so much better for everyone) or build both, the 101 connection and the 51st ave connection. I think it's short sightedness to discount connecting at Laveen and not further out in or west of Tolleson. (Here's a thought...makes it easier for sports and concert fans living in far out Gilbert and Chandler etc to be able to bypass downtown and head straight on this for westgate)
Friday, July 31, 2009
Three I-10 ramps to reopen next week
Three I-10 ramps to reopen next week
and an update on an earlier post: the electronic billboards off the 101 by Westgate near the University of Phoenix Cardinal Stadium are now up and running and in fact there are two of them. Most of the adds are for restaurants in the SW Valley including Peoria near the Peoria Sports Complex as well as pizza joints in Goodyear. Today I saw an add for Cirque du Soleil happening at Westgate - stay tuned for more...
Uzi Husain, proudly serving the metro Phoenix/Scottsdale/Goodyear, Palm Valley and SW Valley communities real estate needs since 2005 -
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and an update on an earlier post: the electronic billboards off the 101 by Westgate near the University of Phoenix Cardinal Stadium are now up and running and in fact there are two of them. Most of the adds are for restaurants in the SW Valley including Peoria near the Peoria Sports Complex as well as pizza joints in Goodyear. Today I saw an add for Cirque du Soleil happening at Westgate - stay tuned for more...
Uzi Husain, proudly serving the metro Phoenix/Scottsdale/Goodyear, Palm Valley and SW Valley communities real estate needs since 2005 -
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