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Blog by Doug Ingersoll

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1.30.10

January 30th, 2010

I was out showing homes with some guys from Canada yesterday and it was a
great reminder of how coveted and fantastic our weather is. Do not take for
granted this beauty. If you ever want to just check and see how desirable
it is, call up the Princess or Camelback Inn and ask for a room this evening.
Be seated when they tell you the rate.

Floorplan

Map

A new listing in the Villages for a ...

1.29.10

January 29th, 2010


Please join me February 3rd at 6:30 PM in the Community Center small
meeting room for the monthly real estate discussion. No charge, free
aerial maps of Aviano for all who come, the latest market information
and good discussion. See you there!

This spreadsheet (click here) was provided by Courtney Bourland with
First American Title Insurance Company, 20860 N. Tatum Blvd #100 in
Phoenix 8505 ...

1.28.10.2

January 28th, 2010



Floorplan

Map


The Amici short sale, unit 1019, reduced price by $25. $239,900 to $239,875.
The Velez at 3972 E. Hummingbird Ln did this mls attention getter 99 times
over the course of 2 years. The Velez finally went to the bank. If attention
in MLS is needed, I always recommend pricing a property correctly from the beginning.



Floorplan

Map

Back on the market after going back to the ...

1.28.10

January 28th, 2010

From DSNews.com:

Sun Belt Cities Continue to Lead Foreclosure Stats

Cities in the Sun Belt continue to post the nation's highest foreclosure rates. According to the year-end metropolitan foreclosure report released by RealtyTrac Thursday, four states accounted for all top 20 foreclosure rates among large metro areas in 2009.

No surprise here-it's the same u ...

1.27.10.3

January 27th, 2010

A couple of articles came my way from neighbors in Aviano.

The first article (click here) talks about the moral issues around paying on a
mortgage that is seriously underwater. A relevant paragragh:

"A spurt of strategic defaults in a neighborhood might also reduce some other
psychic costs. For example, defaulting is more attractive if I can rent a
nearby house that is much like mine (whose ...

1.27.10.2

January 27th, 2010



Floorplan

Map

The San Felice at 3524 E. Expedition Way is now under auction terms. To learn more about what
that means I went to Auction.com and drilled down till I got to the information about the house.
There is a link there to "Terms and Conditions" where I found this:

"3. BIDDING AND BUYING
Reserve Auction. This is a reserve auction and all Properties have a reserve price ("Reserve P ...

1.27.10

January 27th, 2010

From DSNews.com:

Rising Redefaults Could Prompt More Principal Reductions

Despite the income verifications and trial modification periods being carried out by mortgage servicers, modified loans continue to redefault at extremely high rates. The debt ratings agency DBRS estimates that more than half of all restructured mortgages are at least two months delinquent o ...

1.26.10.2

January 26th, 2010



Floorplan

Map

The short sale Lucca model,unit 1218, that had an approved price of $209,900 is
now under contract.




Floorplan

Map

The short sale Brezza at 3984 E. Morning Dove Trail is now under contract. Last
priced at $400K they moved the price up to $418K which is likley the approved price.



Floorplan

Map

The investor Velez at 3991 E. Morning Dove Trail is now under contract. I ...

1.26.10

January 26th, 2010

In last Sundays paper there was a Tribune Media Services article about 8
pointers critical to selling a house. The Readers Digest version:

1. overcome any possible objections a buyer would have. Get a home
inspection and fix the things that would prevent you from making an
offer on the home.

2. get your home in selling shape. If in doubt, throw it out! Think
big - call the City of Phoenix a ...

1.25.10.3

January 25th, 2010

Back when there were 3 TV channels I got my sports from ABCs Wide
world of Sports each weekend. The intro showed a guy just getting
creamed as he tried a downhill ski jump - "the agony of defeat".
This is the mental image that raced through my mind this past weekend
when the short sale Montoro came back on the market. New to market
10.18.08, I have known the listing agent for a year now and s ...

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