2010 January Updates

Happy New Year!
We handle, and successfully negotiate short sales at no cost to you as the owner/seller, if you are behind on mortgage payemts and are considering doing a short sale to avoid foreclosure call me at 602-980-5368.
2009 statistics show that it was the 3rd best year for closed sales since 2004 and 2005. In 2009 there were 92,389 closed sales, falling just behind the number for 2004 of 98,298. Yes the average sales price was considerable lower but that allowed many of the first time buyers back into the real estate market. Active inventory is hovering just above the 33,000 mark.
Recently interviewed by Christina Boomer at ABC 15 News for using cutting edge technology and video news marketing to sell more homes. For more information copy and paste this entire link into your browser: for other media appearances visit my website!
http://www.abc15.com/content/news/phoenixmetro/central/story/Valley-realtor-uses-new-tool-to-sell-homes-across/Wf2jnTdF6EWB80JMsJinjg.cspx
Price your home to sell...Sell it in less than 2 weeks! Yes you read that correctly. Current MLS inventory is low enough that homes are selling almost as fast as they hit the market...assuming they are priced correctly! For information on your particular home or neighborhood, call or email me today!
Current MLS statistics show just over 31000 homes actively for Sale. Over 12000 pending sale, and over 7800 closed in August!
ATTENTION! Buyers, Sellers and Investors...I am now offering another new product that will bring more buyers and sellers together. I have teamed up with Creative Alliances and the Rainy Day Foundation to offer the H.E.L.P program. This is a 24 month job loss protection program that will aid the buyer with making mortgage payments for up to 6 Months at a maximum of $1800 in the event of a job loss. For more information please contact me directly!
Looking at bank owned homes in Arizona? Think you are getting a great deal? What you are not looking at may suprise you! Right now the nice bank owned homes are selling so fast, and for over asking price in most cases. Why? Becasue everyone thinks they are at bargain prices. However, statistics from our MLS can show that traditional sales are selling at lower prices than many bank owned homes in many areas! Call me for more information and to start searching for the best deal on your next home!
I think most Realtors in Arizona will agree that we are at or near the bottom of the housing market price drops in most areas throughout the Phoenix Metro area. It appears as though the banks have wised up and are releasing their inventory slowly this way they are actually getting higher prices as they go, because of the interest created in the Bank owned homes! A quick note and thought to buyers, if you are using sites like realtor.com, homes,com, zillow.com etc to find homes that are available, by the time you call on them they may already be sold! Why? These are all IDX sites, Internet data exchange sites that require updating that can take 3 to 5 days on average. Not only that but when a home is in pending status in our mls, it still shows up as active on these sites. So the best way to get the most up to date and accurate information is to register with a realtor and get updated listings sent directly to you from the MLS as they are updated in real time and daily, this doesn't mean however that you will be the first one to see it. Call me for more information or to get registered for FREE on an automated search of homes just for you.
Available MLS home inventory drops to just over 31000 while closed sales are over 9000 a month, that gives us just over a 3 month supply of homes on the market throughout the Maricopa and Pinal County areas! So what is being published in the news is definately not the full story! Remember it is national news! Plus BANK/LENDER & REO OWNED HOMES ARE SELLING VERY FAST and FOR OVER ASKING PRICES IN MANY CASES!
We are now getting 1st access to bank listings before they hit the market from both Countrywide and Nationstar bank, call to get added to our list of buyers for these premarket homes today!!
Search Valley Foreclosures at this linkhttp://kentgagon.az-re.com/index.cfm
Search the Scottsdale MLS by following or copying this link and pasting it into your browser now. http://kentgagon.az-re.com/quicksearch_115923.cfm?city=Scottsdale
If you are considering selling your home, and demand the highest level of service available, with no risk and guaranteed results! I have a flexible fee structure, and one of most visible websites on the major search engines along with access to over 40 million viewers both online and offline through national TV, and print advertising. Your home will be exposed to thousands of prospective buyers each month. If you are considering hiring an agent to list your home that does not have high web exposure, think again 98% of all home buyers start their home search on the web.

BANK OWNED HOMES ARE SELLING VERY FAST!

Search the Arizona MLS for thousands of DISCOUNTED BANK OWNED homes on my website at www.allarizonarealestate.com. Take advantage of low interest rate financing combined with the slashed prices of these homes to find THE PERFECT HOME FOR YOU! Contact me direct for more information and to start your search today. Pre-qualify for a loan today and start looking for your home tomorrow, plus we will give you 2 free movie passes to Harkins Theaters just for pre-qualifying.*

Search the Scottsdale MLS by following or copying this link and pasting it into your browser now. http://kentgagon.az-re.com/quicksearch_115923.cfm?city=Scottsdale

Do you want to be notified of bank owned discounted homes before they even hit the market? Register on my website at www.allarizonarealestate.com and you will be notified as we get the listings direct from the banks we are currently working with.

The resale statistics for Scottsdale updated 2/2/09 show 5943 homes for sale including all listed homes, townhomes, and condos, not including FSBO's and Realtor exclusives. The average list price is $940,935. The average days on the market is 192.

There are 415 homes pending sale with an average list price of $511,637 and an average days on the market of 145.

256 Homes closed escrow in January, these had and average sold price of $477,626 and an average days on the market of 145.

Buyers! I GUARANTEE to negotiate a minimum of $10000 off the asking price of your next new home when you buy with me, or I will pay $1500 of your closing costs at close of escrow! Contact me for more details. Restrictions apply to all promotions visit www.allarizonarealestate.com for more details or call me direct now at 602-980 5368

Showcase your home right here on this website and on my website by listing with me, your home will be viewed by thousands of buyers daily. Contact me directly for more information.
If you are considering selling your home, and demand the highest level of service available, with no risk and guaranteed results, there has not been a better time in years. I have a flexible fee structure, and one of most visible websites on the major search engines along with access to over 40 million viewers both online and offline through national TV, and print advertising. Your home will be exposed to thousands of prospective buyers each month. If you are considering hiring an agent to list your home that does not have high web exposure, think again 98% of all home buyers start their home search on the web.

A note to licensed agents...I gladly pay agent to agent referral fees. Call me for more details.*Restrictions apply to Sale Guarantee program, call or email me for additional details.

Scottsdale Real Estate News

FOR IMMEDIATE RELEASE:

Contact:
Kent Gagon, Realtor
West USA Realty
4505 E Chandler Blvd Suite #200
Phoenix, AZ 85048
602-980-5368
http://www.allarizonarealestate.com


East Valley Realtor Kent Gagon announces plan to sponsor Limo tours of
bank owned, foreclosed homes.

Tempe, AZ - March 3, 2008 -- The date is quickly approaching for the
first prestigious Limo tour of foreclosed and bank owned homes in
Ahwatukee, Tempe, Chandler, Scottsdale, and Gilbert. South East Valley
Real Estate agent Kent Gagon, with West USA Realty is sponsoring the
event for qualified buyers and investors interested in purchasing these
types of homes.

"We will be scheduling multiple tours for each of the above cities. The
first tour will be held Friday, March 21 starting at 11am. We will tour
homes priced between $160,000 and $400,000 through Tempe and Ahwatukee.
We anticipate spending between 4 to 5 hours viewing 20 to 30 of the
homes that are bank/lender owned foreclosures during this first tour. We
will spend approximately 10 minutes in each home to keep the tour moving
quickly and smoothly."  Comments Kent Gagon

These tours are open to 16 people as each of the limos hold 8
comfortably. The first tour is free to the first 16 people!

"The number of homes that have sale pending status has jumped
dramatically in recent months. We want buyers to know that it is time to
get out and start looking again, make offers, and get into your new home
before you miss out on some of the incredible deals in the market. This
is a terrific way to do just that. While some agents have done this in
the past using buses, we want to take it a step further and go in a
little more style and class.  Plus having just 16 people instead of a
large bus will allow us to answer questions and offer a more
personalized experienced," states Gagon.

To qualify for and attend the complementary tour interested buyers; not
currently working with a Realtor, must speak with one of Kent's lenders
by March 17th. Once qualified, buyers will be scheduled and prepared for
the tour. Detailed information on each property including down payment
and financing scenarios will be provided for all participants.
Additionally, complementary one-on-one consultations will be scheduled
for a comprehensive market evaluation for buyers to make an offer on the
homes they are interested in with negotiations for the best possible
deal.

Kent has been a Realtor in the East Valley for 10 years, he has been
publicly featured in Continental Airlines In-flight Magazine,
interviewed about the real estate market by both the Arizona Republic
and The Arizona state press, and he is currently working with HGTV and
HighNoon entertainment filming a real estate related reality television
show that will air in the fall of 2008. Kent offers both buyer and
seller services throughout the Phoenix metropolitan area. "This is just
another service that we want to put out there" says Kent, "It is a
specialty service that not all real estate agents can or will provide
and it sets us apart."

For more information call Kent at 602-980-5368 or visit his website
www.allarizonarealestate.com.

Scottsdale Real Estate Market Shows Signs of Life Again!

The Real Estate Market is showing signs of life again! The number of homes that have gone pending sale has jumped almost double in the last 45-60 days. Where we once had between 3000-3500 sales pending per month this month we have just over 6000 as of 2/24. This could be a sign that the market is starting its slow turn around or at least that we have hit the so called "bottom" of the price curve. Whatever it is, there are more buyers making offers and getting them accepted now than before. If you have been waiting to buy don't wait much longer, the curve may pass you buy. Call me for more details. Call me for more details 602-980-5368 or visit my website at www.allarizonarealestate.com.

Video Real Estate Newsletter

I am posting a link to my video real estate newsletter. For additional information on the Ahwatukee real estate market, and homes for sale please visit my website www.allarizonarealestate.com or contact me directly.

http://realtytimes.com/REUv/KentGagon

Scottsdale Short Sales and Homes For Sale

I have been getting a lot of inquiries about short sales and questions as to what they are exactly. The basic jist of a short sale is this, the sellers loan or loans total more than what the home would sell for in the current market. There are a number of reasons for this type of situation, perhaps the home owner took out a line of credit to pay off credit cards or cars or just do some home improvements. Or maybe they bought the home when the market was booming and due to recent price declines the value has gone down in thier neighborhood. Regardless of the reason, they owe more than the home is worth at this time.

So What do you do? The only thing to do is call the mortgage lender and ask if they will work with you on a short sale, request a short sale package and list your home with a qualitied Realtor that will assist you in marketing the home and negotiating your short sale on your behalf. My team and I are experienced in negotiating short sales and would be happy to meet with you to discuss your options. Call Kent today for more information 602-980-5368.

It is important to note that many banks and lending institutions will not do anything to help a homeowner in this type of scenario until they are 90 days past due on payments. The only way to find out is call them and ask.

Other questions that typically come up about short sales. Am I liable for the differenece between what I sell the house for? Again this is many times dependent on the lending institution. Some will write off the difference as a total loss and there is no liability to you as the seller, some will not and will require that you sign a promissory note for the difference. Some will give you the option. It is important to get any agreements with the bank in writing either way. We advice all our clients to get professional legal advice from a qualified attorney regarding this.

Another question that is commonly asked is Will I owe taxes on the difference? Again we suggest and advise all our clients to speek with a certified accountant regarding tax questions. However on December 20, 2007 Congress and the white house signed a bill that will allow owner occupied sellers (not investors) to short sale thier home and have no taxable consequences for any short sale that is completed by December 31, 2009.

An important note to make to home buyers that want to include short sales in thier search for homes. The final acceptance of a purchase contract and the purchase price is subject to the lending institutions approval. This can take weeks to obtain. Be prepared to wait patiently for this approval. Once the approval is obtained you will typically have 30 days to complete your inspections, appraisal and close escrow. You can get a great deal when buying a short sale home, just don't be in a hurry to close.

If you have any other questions about short sales please feel free to call me anytime. Kent at 602-980-5368 with West USA Realty in Phoenix, Tempe, Chandler, Gilbert, Mesa, Scottsdale, Ahwatukee, and other cities throughout Arizona.

Many Scottsdale Builders Offering Price Protection on New Homes

In the consistently changing real estate market of Scottsdale Arizona, many builders are now offering price protection to buyers. In addition to a the numerous and generous incentives home builders are currently offering, now as a buyer you can get a written guarantee, that if the prices decrease or the incentives increase you will be guaranteed to get that new price or new incentive up to the day you close escrow on your home. If you are looking for a home but don't want to wait the typical 6-8 months that it takes to build a new home many of these builders also have move in ready spec homes that they are willing to discount generously to sell. We have the knowledge and ability to negotiate with these builders on your behalf and the best part of all is we do that at no cost to you as the buyer. The sellers always pay our fees. For more information on New homes or new construction specs homes call me today. Kent Gagon 602-980-5368 or visit my website www.allarizonarealestate.com