Monday, March 3, 2008

Queen Creek 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.

Sunday, February 24, 2008

Queen Creek 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.

Tuesday, February 19, 2008

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

Monday, February 18, 2008

Queen Creek 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.

Thursday, February 14, 2008

New Home Builders in Queen Creek Offer Big Incentives and Price Protection to attract Buyers

In the consistently changing real estate market of Queen Creek 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

Wednesday, February 13, 2008

Are you behind on mortgage payments? Is your mortgage rate about to adjust and you're not quite sure that you are going to be able to make the new payment? Do you want to sell but you owe more than your home would sell for? If you have answered yes to any of these questions, I can help you now. As of December 20, 2007; Congress and the White house passed a new law that will allow you to short sale your home, with no taxable consequence between now and the start of 2010. My team and I are experienced in negotiating short sales and will do so for you. Call me today 602-980-5368 to schedule a no obligation appointment and consultation.
The main goal I have in writing this report, is to provide information that you can use to make educated real estate choices in todays market. If there is something specific that you would like to know, please call or email me and I will help in any way that I can.
Despite what everyone else says and does, there is serious opportunity in our local real estate market right now and to come! All the financial gurus teach the same thing, buy low...sell high, watch what others are doing... and do the opposite, and so on. So though it may take more time to find the right deal for you as a first time buyer, move up buyer, or investor; that wants to hold a home for the long term investment and not a quick gain, now is one of the best times we have seen since the mid 1990's. Lots of people made smart investments in the '90's and realized great profits in the following years. Many of these people still own those homes today, and have monthly cash flow from them as well as plenty of equity despite the recent market drops, because they bought at or near the bottom of the price curve! Yet again another reason to buy now and not wait until the market starts back on its upward turn again.
I am committed to working with my clients, as long as it takes with no pressure to make a decision, to find you the right home at the right price, and negotiate the best deal for you. My lenders are committed to getting you the best financing option at the best rate based on your financial situation.
So whatever your real estate goals are for 2008, take the advice of some of the greatest financial geniuses of all time and take advantage of the current real estate market to find the home, or investment options that are right for you. Donald Trump bought most of his real estate in times of desperation. Robert Kyosaki teaches - real estate investors that their profits are made on the purchase, not the sale. Sir John Tempelton made millions in the stock market when everyone else was bailing out, he was buying everything up. Real estate will recover; it always does, your choices are to buy now and get the best deal possible and watch your equity grow over time, or wait it out like everyone else and buy when things start rising again. Either way, who gains more in the long run? That's right the person who bought at or near the bottom of the price curve. Interest rates are low and with good credit, and a little cash financing is readily available, and we can usually always get the seller to pay your closing costs; something that would not have happened in the peak of the market! Get off the fence and into the right real estate choice for you!
Are you a first time buyer? If that answer is yes, how would you like to have the search for your new home documented and aired on National Television? Sound exciting? I may be able to make that a reality for you, and it is something that you will be able to remember and cherish for the rest of your life. How? I am currently working with HGTV filming the first episode of thier National Show "My First Place" in Arizona. While we have the film crew in town we are looking for additional first time buyers that want to be a part of a fun and exciting way to buy your first home. Call me direct for more information 602-980-5368. If you know of someone that is buying thier first home pass this on as this is a great opportunity.
With Homes starting as low as $89,900 plus incentives now is a great time to take advantage of this incredible buyer market in Queen Creek. Get up to $120,000 in incentives when you buy a builder spec home in the Queen Creek area, call me today to start the search for your next home.
Sell your own home while we have it listed and YOU PAY us NOTHING absolutely NO Commissions! Plus I Guarantee to sell your home in under 90 days or I will sell it for FREE! Call me now for details and restrictions.
There are still over 3500 homes selling each month! Make yours one of them by calling me... I GUARANTEE! to SELL YOUR HOME in under 90 DAYS, or I will SELL if for FREE GUARANTEED! Visit my website www.allarizonarealestate.com for details or call me now!
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
This is a buyers market! What does that mean exactly? Get out and buy your next home, this type of market will not last forever. There are currently over 57000 active listings in the Arizona MLS and over 4400 Builder spec homes, that means you can find what you are looking for and get a great deal. If you have a home to sell, my best advise is price it well and it will sell. Remember when selling you may have to take less now to sell your home, but you will also pay less on the home that you go to buy, so it ends up a wash. Plan ahead if you want to move in the next 60-90 days start now!
Queen Creek area statistics updated 2/4/07 show there are 2129 homes currently for sale (not including FSBO or realtor exclusives) with an average listing price of $282,588. The average days on market is currently showing 129. For more details and a NO OBLIGATION FREE market analysis on your specific home or neighborhood contact me directly today.
42 homes in the area are under contract with buyer contingencies to purchase. These have an average list price of $240,500 and an average days on the market of 145.
There are currently 193 sales pending the average list price of pending sales is $233,440. The average days on market for homes in the sale pending category are showing 110.
133 homes closed escrow in January. The average closed sales price was $179,248. These homes had an average of 113 days on the market.
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. List your home with me...If I don't sell it in 89 days I will sell it for free*!
If you are considering buying, hire a realtor to assist you, remember it does not cost anything to be represented by an experienced and knowledgeable realtor when you are buying a new or resale home. Contact me for more information at http://www.allarizonarealestate.com
A note to licensed agents...I gladly pay agent to agent referral fees. Call me for more details.
Wanting to buy a new home but concerned about the timing of selling and buying all at the same time...the team at www.allarizonarealestate.com can help...we have a "Worry Free Closing" program that can help you. We have buyers ready to pay you cash for your current home allowing you to buy your next home contingency free, and give you a flexible close of escrow to meet your needs with a no strings attatched policy. Visit http://www.allarizonarealestate.com now for all the details.