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In this week’s episode of Phoenix Real Estate FAQ Dean Ouellette and Kristin LaVanway answer the following questions:

* Is it a good time to buy a house?
* Do I need a home inspection if I am buying As-Is?
* Can my Realtor give me the lockbox codes so I can check out a house?
* Why do short sales take so long?

Thanks, Sasha (Speilberg) Lopez doing her part and keeping us on track and keeping us laughing.

Send us your questions…we’d love to hear from you…

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1) Mortgage rates are gonna rise – We have been hearing it for a while now, it is coming. One thing I think everyone agrees on, they are not going to be falling by any measurable degree.

2) Virtual REBarCamp is today – I am not going to be around much today unfortunately, or this is where I would be at!

3) Listings on Facebook – I am not really a fan of listings on Facebook, but if you want them on a fan page I get it. If you do decide you want them, this is a cool app! If you are really trying to do real estate on Facebook and you have not contacted Mike Mueller yet, what are you waiting for?

4) Monday morning planning session! – Tom always has great ideas on planning, which I still need a lot of help with. Love the IF N.I.S.I.D.E. concept. If you live in the Phoenix area Tom Ferry is coming to Scottsdale on December 8th for a free seminar.

5) Part time Realtors make $8,600 per year!!! – Brad makes the case for why you should hire a full-time agent in this short video.

6) The purchase agreement is more than a letter of intent (or should be) – Kris, this is something I have been thinking about addressing lately, but no way could I have done it as well as you have.

7) Buyer Reps: Helping Everyone Win in a Short Sale – This post goes great with number 6.

8 ) Three reasons Dave Ramsey got it right – A follow up to the Dave Ramsey segment on why you should use a real estate agent to sell your house.

9) Change will make you an enemy of the status quo – Change anyway – Matt does a good piece here on how standing out in the minority is a good thing and we should always be questioning our industry, but remember, we are part of that industry.

10) Details of the new $6500 tax credit for existing homeowners – Video on the extension and details on the $6500 tax credit.

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Video 41: If you purchased a home in the Tempe or Phoenix area in the last five years and you want to sell it now there is a good chance that Tempe home will need a short sale. There are so many people interested in selling their home as a short sale and many buyers are getting frustrated with the REO foreclosure market they are turning to short sales too. So I am starting a series on short sales, the first installment is what is a short sale? A short sale is when the lender agrees to allow you to sell a house for less than the mortgage amount. I would love to hear your thoughts or any questions you may have about short sales, you can leave a comment or e-mail me Dean Ouellette.

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1) What’s happening with the $8000 homebuyer credit? – There is a lot going on in Washington right now with the tax credit, and while the Senate looks to have their favorite plan, any plan has to pass both the House and Senate before it has a chance to become law.

2) Tax credit update – is expanding it a good thing? – If the tax credit is expanded to include more people is it a good thing. I don’t think so, but what do I know.

3) Top 40 real estate resources and sites – While all of these sites may not like real estate related sites, if you are a real estate agent into blogging and technology they are all sites you want sitting in your RSS feeds.

4) What’s all the hype about “short-sales”? – This video explains what a short sale is, while I do not agree with everything he says, I do agree that designations for short sales are pure bs and a way for people to profit from the latest trend. The thing I really disagree with is I believe Matt sounds like he may be to quick to believe banks. They do not want to send it to foreclosure and are using the threat of doing so as a negotiating tool more often than not.

5) What’s the benefit of doing a short sale? – Short sales are not going anywhere, so what are the benefits of doing a short sale? Here is a good list of benefits to the homeowner and the bank.

6) Google made a big real estate move today – Listings can now be viewed in Google Maps. No, I do not think this is the end of the world as we know it like some do, I think its another great service from a company that “gets it.”

7) 5 ways Twitter jump-started my business – I think he really nails down one of the best features of Twitter and doesn’t even realize it. Twitter is an amazing tool for learning and expanding your knowledge on any topic you may be interested in.

8 ) Zip home hunter report for the third quarter – Want to know where you have to bid over asking price and what markets are cold right now? This is your resource. (H/T Heather Barr).

9) The FHA 90-day seasoning rule – Recent changes in the seasoning rule have been very confusing and few people really understand them, here is a great resource that explains it the best I have seen yet.

10) The paralyzing effect of analyzing Web 2.0 – Great video from Matt Dollinger on how you need to do what you need to do to bring you business and schedule time accordingly.

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Is your short sale agent hurting you with pricing?

September 8, 2009 short-sales

You have tried the loan modification process and have had very little luck so now you have decided that your best option is a short sale. While a short sale may not be the best option for everyone, if you are going to do it, do it right.
A short sale in Arizona is different than [...]

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Top 5 real estate posts of the day 6/25/2005

June 25, 2009 Top Posts

1) Homebuyer tax credit to be extended? Expanded? – This should have been on yesterday’s list, but I somehow overlooked it. Jay does a great job as usual of looking at the latest behind the first time homebuyer tax credit and what’s next.
2) Why are banks ignoring short sales to death – Dave is [...]

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What will my lender need for my short sale approval

June 22, 2009 short-sales

So you talked to a Realtor, your financial adviser and a real estate attorney and you decided that a short sale was your best option. So now what are the first steps you will need to take to prepare for your upcoming adventure, and an adventure it will be.
After you talk to your real [...]

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Top 5 real estate posts of the day – Friday 6/12/2009

June 12, 2009 Top Posts

Top 5 real estate posts of the day 6/12/2009

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What questions should I ask when buying a short sale or interview a short sale selling agent?

June 8, 2009 short-sales

The main reason I have seen that only 23% of short sales fall through before closing is because buyers get fed up with how long it is taking and walk away. While it is no guarantee, there are questions you can ask before buying a short sale that will tell you how prepared the [...]

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Why I am getting involved in short sale listings

June 3, 2009 short-sales

I have made a point of it recently to read as much as I can and become educated on the short sale process. I have spent hours of time reading websites and talking to agents who have been involved on the listing side of short sales and have decided to get involved myself.
One of [...]

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