Two companies sign leases for space in SkySong

Two companies sign leases for space in SkySong

Encouraging news - hopefully translates into more JOBS!!!

Uzi Husain, North Scottsdale Realtor
Certified Short Sale Negotiator
North Scottsdale Short Sale Homes
North Scottsdale Luxury Homes

Foreclosures drive down home values in northeast Phoenix

Foreclosures drive down home values in northeast Phoenix

We're starting to see Notice of Defaults and Trustee Sale notices increase in Scottsdale & Paradise Valley as well. Someone asked me if you can do a short sale on a home that maybe upwards of a million? Sure you can, there are no dollar limits to a short sale scenario. To learn more about short sales please visit PhoenixScottsdaleShortsale.

Uzi Husain - Your North Scottsdale Realtor
North Scottsdale Short Sale & Luxury Homes
Certified Short Sale Negotiator
NAR Shortsale and Foreclosure Resource
Keller Williams Integrity First Realty - Scottsdale

Approved Short Sale Must Close by end of March!

Written Approved Short Sale! No Need to Wait - must close by 3/25/10 need an offer now! Imagine waking up to gorgeous views of the Superstition Mnts. or enjoying sunsets off the balcony. Premium lot backs up to ''big park''. Upgrades include 20' Porcelain tiles; kitchen features granite counters, desk, pantry, & island. Soaring ceilings in family room w/media niche, upgrd wrought iron bannisters, 1 bed& full bath dwnstairs for guests or office. Beautiful pool and spa & patio completes the backyard overlooking a view fence & the park. Sought after Gilbert neighborhood & schools! Click on flyer for more details and pictures 2863 S. Southwind Dr., Gilbert, AZ Powered by Postlets

Internet site Yelp opening Scottsdale office

Internet site Yelp opening Scottsdale office

200 more jobs in the IT/Internet sector coming to Scottsdale! There is no question that in order for the economy to turn around jobs and manufacturing need to be front runners. Hopefully this is a sign of much more positive "job related" news to come down the line this year.

New DPS director criticizes Arizona speed cameras

New DPS director criticizes Arizona speed cameras

Hopefully they'll get rid of these cameras all over the valley!

B of A buying a 5 person real estate team in Australia?

I read a snippet courtesy of CNN regarding the above. Very vague info, apparently the bank and the 5 person team hired was unavailable for comments. Background info, banks have been trying to get into the real estate game for a while. Some would argue with the recent onslaught of bank owned homes maybe they're getting a taste of what they wanted. The National Association of Realtors (NAR) has been battling & together with the US Congress has been able to fight banks from entering the RE world in the US due to anti trust laws etc. Plus there is a banking charter from the 1930's that specifically excludes banks entering the real estate business. Overseas the banks may be testing the waters who knows. Sounds fishy don't you think.

On a funny note: I heard a quote on NPR the other day - not sure who this came from but the joke goes - "a banker is one who lends you his umbrella when the suns shining and as soon as it starts to rain he wants it back". :)

Enjoy your day! To learn more about shortsales please visit Phoenix Scottsdale Short Sale!

11642 W. Adams, Avondale, AZ | Powered by Postlets

Amazing Short Sale Opportunity! Check the Link out below!

11642 W. Adams, Avondale, AZ | Powered by Postlets

When working with out of state & international real estate buyers

One of the truly enjoyable and fulfilling aspects of being a REALTOR(R) is helping people. Now I know you've heard that before in a variety of ways from all types of professionals but in my opinion it truly is fundamental to being successful and rewarding not just in Real Estate but any profession.

It seems lately I have been tasked with a few "find the needle in the haystack" scenarios from my clients. I wanted to illustrate one of those examples today. I've been working with an international buyer who's many thousands of miles away and there's an eleven hour time difference. As if that wasn't enough for most to take on, my buyer initially had a very broad sense of what he was looking for. "Just get me a killer deal, something in the low $50.00/sq ft & in excelling school district etc. etc." Essentially the equivalent of, I want the Rolls Royce but I want to pay the price of a Honda Accord. Now I'm all up for the challenge of a good buy but as it turns out so is the rest of the world.

This is where experience pays off. I'm going to leave out the mundane details but suffice it to say I had to pull all my strengths together and help the buyer narrow his criteria so that we could really zero in on this crazy market where short sales, lender/bank owned REO's, multiple offers and auctions run the gamut. It took time but essentially we got there. Patience I should say is also needed here along with experience when working with out of the norm challenges.

Let's fast forward to how we actually got under contract finally! This is where technology rocks! After zero-ing on location, type of house, and all the other necessary components we used early MLS alerts, I put the word out with my colleagues etc. had contracts pre-sent in PDF to my clients so they could sign and send back to me ASAP via email, web conferencing etc. we found a short sale home that my clients really liked. I got there within an hour of it going on the market. Previewed the home, gave my clients a call (long distance int'l on my cell, ouch) checked with the agent and there were no offers. It was tasting good already.

By the time I made the trek back to the office my clients had already signed the offer and sent it back to me. Before making one more call to the listing agent to let him know I'm sending the offer I got back on the MLS to check tax records (something I always do but neglected to do first before heading out to the property in the rush of getting there asap) - a - ha - it's slated to go on auction in 3 weeks and the listing agent neglected to point that out, didn't even bring it up when I questioned him on he handles his shortsales, his experience, etc. etc. with the bank yara yara yara. Hello??? Do you think that might be a material fact! Oh well, I'll take the blame on this one, I shouldn't have jumped out of my seat and log an extra 30miles to my car without checking the tax records first. I know better. Heck, I do it all the time. No worries. I call the agent, I said "hey, so how confident do you feel that an offer will help at this point, do you think the bank will postpone the auction date and let the short sale go thru, do you think you can do it, have you had any conversations with them about it"....

Let's continue to house no. 2 - yep, the above scenario has been repeated a few times. Not the part of my not checking the tax records, but the fact that while I may have spotted a home, tried to get there before anyone else so that my clients get the immediate feedback and decide if they want to put in an offer (remember there's a huge time difference) and hopefully get theirs accepted before the multitude of others that are heading that way. (Side note: in my market anything under 300k gets multiple offers - regardless of condition)

Finally! And maybe it's just the Holidays that did it. Earlier this week my clients called me as they were excited about a home they found online. I pulled it up on the MLS (online sites sometimes show homes listed as active but in the MLS they may show Active with contingency which typically means there is an offer already but that does not reflect on the online sites like Trulia or Zillow) and it actually really showed active. I was stunned. Days on market were under 30, I was thinking cynically oh darn, the agent or her staff may have been on vacation and probably didn't update the status. I got voicemail, left a message, an hour goes by and I get a call back, the house is available no offers! Now I jumped out of my seat, headed over there but this time with my handy dandy sony video camera.

It was about 11pm at night for my clients but I know them well enough to call them and they won't mind. I walk into the house and it's lovely. I capture it all on video, and even before I've left the property I've already uploaded it to youtube, called my clients and now they've just seen the property as if they were there with me. LOOOOOOOOOOOVE technology!

The end result - the Gods were smiling, the Angels on our side, everything was lined up perfectly, luck was on our side, the roses were blooming, the sun was shining. You get the metaphor and the picture, we're under contract! We still have a long way to go before this is a "closed deal" and before I've made even a penny on it but I feel fulfilled. I've found a way to finally get something this challenging executed and help out a family heading back home before fall. 2010 what else you got for me?