Home buyers need to be ready to move

We hear all the time how the Chandler house market is a buyers market right now. Except for luxury homes over $400,000, that is not the case. There are a lot of buyers right now and homes are usually going fairly quick.

If you are a buyer in Chandler, Tempe or anywhere else in the valley you need to be ready to move. I was working with a buyer and we looked at about a dozen homes over a week. There was one property they they really like and wanted to sleep on it.

Wanting to sleep on it is understandable, but if it is a property you think you want you should be ready to move on it. In this situation the buyers waited a week and when they were ready to move the house was pending with another offer already accepted.

Lesson of the story, if you like a house be ready to move. If you are not ready to buy yet, then wait to look at homes until you are.

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Short sale: But I don’t want to lose my “home”

http://www.youtube.com/watch?v=rkVaRqMIX2c

We have been talking about making a decision to short sale your house. One thing I hear often is “but its my home.” I can assure you, you are not selling your “home” you are selling a house, a piece of real estate. I have talked to plenty of people over the last few years who have sold there house and almost all of them have said this and I cannot think of one who was not happier six months after the deal was done.

A house is blocks, plaster and windows, a home is where you and your family live and make memories. It is very easy to go just about anywhere and make it a home. You don’t sell your home because you can take any house and make it a home for your family. That is what you need to protect because a home should not be a financial strain.

I understand the emotional ties to the place you live, but we need to remember family is what is important and you can build that “home” just about anywhere.

In two years when you may be ready to buy the next house you will be so far over the house you are in now it really wont matter

I know it is easier said than done, but really dont get hung up on the this is the perfect house. For every perfect house there are a dozen more perfect houses out there for you.

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But I have a contract and it would be unethical to short sale

Is there a moral or ethical issue with breaking your contract and doing a short sale? No it is a business decision and I tell you why in this video.

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I feel like a failure because I need to do a short sale

So we hear all the time that people feel like they are a failure because they need to do a short sale, in truth, they are the winners.

I run through a short sale scenerio in this video where a standard middle income average home owner can be as much as $100,000 ahead in 14 years because they chose a short sale instead of remaining in their home.

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Short sale vs foreclosure, what is better in Arizona

All to often we hear from people thinking of short selling their home in Arizona that they decided against it because someone told them there was no difference to them between a short sale and foreclosure.

We asked Kevin Hardin of Thomson Law to join us and discuss how he advises his real estate clients. What you will hear are the overwhelming reasons why a short sale is almost always better than a foreclosure.

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New short sale law suit agents need to pay attention to

New law suits for short sale agents to worry about. What the short sale law suit was about is not what agents need to be worried about. What the judge said in his ruling is. The judge opened the door for a tidal wave of law suits. The best way to protect yourself is to over disclose.

More on the lawsuit here short sale law suit from Kevin Hardin

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