How Do Short Sales Work In Phoenix AZ?

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As you can imagine, we get a lot of questions about how short sales work in Phoenix, AZ. With thousands of people selling their home using the short sale process, there is a lot of need for clarity and understanding. We’re going to provide a brief overview describing how a short sale works.  We have [...]

2011 Coronado Historic District Home Tour Info and Tickets

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Click Here for information about the 2012 Coronado Historic Tour. If you’ve been reading UrbanConnectionRealty.com for a while, you know we love historic homes and neighborhoods. This time of year is special to us because it is tour time and the next one coming up on the calendar is the 2011 Coronado Home and Garden [...]

Short Sale Deficiency Judgments Can Be Hellish

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We recently received a call from a downtown Phoenix homeowner considering a short sale. The man was under the impression that he was protected under the Arizona anti-deficiency laws if he did a short sale. The truth is many people are not protected under our State’s anti-deficiency laws and won’t find out for several years [...]

Executive Towers Condominiums in Downtown Phoenix AZ

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Executive Towers at 207 W. Clarendon Ave in downtown Phoenix AZ is a condo community filled with history. It was built in the early 1960’s and was considered an adventurous project. Why adventurous? It was the tallest building in it’s time and the architect was a young lad in his early 30’s named Al Beadle. [...]

44 Monroe Condos For Sale Fall 2010

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We just confirmed that 44 Monroe in downtown Phoenix will be offer condos to buy in the next few weeks. Her is what we know so far. Geoffrey Edmunds, the people who brought us the Scottsdale Waterfront Project, will be the brokerage of note for 44 Monroe. By our count there will be about 186 [...]

Buying a Short Sale in Downtown Phoenix Can Be Daunting

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When people contact us to buy a home or condo in the downtown Phoenix area we always have “the short sale” talk. Short sales are nothing like any other real estate transaction and demand special attention, knowledge and cautions. I just read an article from another downtown newspaper in California that pretty much sums up [...]

Short Sales and Bankruptcies Can Affect Each Other

Seems like we’ve been writing a lot of articles about short sales in downtown Phoenix these days. The fact is, a lot of the homes for sale in downtown, midtown and north Phoenix. Also, many who want to sell their home have to do a short sale since they owe more than the place is [...]

Buying Downtown Phoenix Homes in As Is Condition

Several of our Urban Connection readers have asked us what AS IS means when buying a home or condo in the downtown Phoenix area. This comes up often when people are buying bank owned homes or short sales. Lender owned homes seldom offer the option of having repairs made to the home and the majority [...]

Information About HAFA and Short Sales in Phoenix

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Short sales are big news in the real estate industry these days. With a large number of people owning more on their home/condo than its worth, folks are pondering a short sale as one of their options. This is evident in the downtown region with about 1/4th of all active listings being short sales. The [...]

Lenders Use Deception to Get Promissory Note Signed

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Many of our readers know we are very involved with people trying to sell their home by short sale. We have a dedicated short sale site, Short-Sale-Phoenix.com and have written dozens of articles on the subject including our newest about how some lenders and PMI companies use lies, mistruths and threats to intimidate homeowners into [...]