February 8th, 2010 by Michael Oliver

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Not Always Is "AS-IS" What You Think

This is a topic that comes up all the time. Many times buyers are worried to buy a foreclosure or bank owned home(s) in Tucson because the home states it can only be bought “AS-IS” and they want a home that has little to no problems. For that reason they don’t look at foreclosures, and many times spend a lot more for a comparable home that isn’t a lender owned or foreclosure home where repairs can be asked for and granted…

AS-IS sales, Buying a Foreclosure, Tucson Foreclosures

February 5th, 2010 by Michael Oliver

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Want or need to sell your home in an area or neighborhood with a lot of foreclosures? Unfortunately for many people this is just a reality; job transfers, family changes, and different housing needs don’t wait only for good selling markets. In today’s challenging selling market more then likely if you are selling a home in Tucson regardless of price range or area your main competition will be foreclosure or bank owned property in competition with your home.

Home Selling Tips, Selling Your Home In Today's Market

January 31st, 2010 by Michael Oliver

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One Of The Floorplans Meritage Is Now Building In Sky Ranch

Meritage Homes is now pre-selling their new homes at Sky Ranch just off Thornydale and south of Tangerine. These homes start in the high $180’s with a 1652sf home. From there the homes range in size all the way up to a 3118sf 2 story floor plan named the Cathedral Rock. Between these two smallest and largest homes in the neighborhood Meritage builds six other plans. Plans range in both 1 and 2 story options as well as 3 to 5 bedrooms with additional options for more beds and baths combos as well as 3 car garages and other upgrades.

Meritage Homes Tucson, NW Tucson Neighborhoods, Sky Ranch, Tucson new homes

January 29th, 2010 by Michael Oliver

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Hartman Vistas Home For Sale

Hartman Vistas neighborhood in NW Tucson just north of Cortaro and west of Hartman Lane is a large entry level neighborhood to mid luxury neighborhood with homes starting in the mid $150k’s and going to the low $300k’s. Home sizes also range the smallest floor plan that was built was a 1258sf home  for those needing a larger home Hartman Vistas offers several good sized homes and plans all the way up to 3,090sf. Hartman Vistas located in the 85742 zip code was built by KB Home with land that was owned by New World Home when KB bought the New World’s business in 2002. While KB owned and built most of the neighborhood on the south side of the neighborhood a different series of homes was built by then named Standard Pacific homes now Miramonte Homes, these homes are much wider then the KB series and also smaller ranging in size between 1200sf-1650sf.

Hartman Vistas, Neighborhoods 85742, NW Tucson Neighborhoods

January 28th, 2010 by Michael Oliver

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This Rancho Sahuarita Foreclosure Home Just Hit The market!

Rancho Sahuarita is one of the Tucson areas most demanded master planned neighborhoods due to its reputation as one of America’s top selling neighborhood complete with a stocked lake, splash parks, fitness center, recreation centers, and secondary parks and pools through out the large neighborhood. While Rancho Sahuarita does currently have a number of foreclosed homes within it most need work and one home that hit the market today stands out as a true Rancho Sahuarita foreclosure deal. This home within Presidio Del Cielo within Rancho Sahuarita is on Vuelta Buril and it’s a 3233sf 4bed, 3 bath home built in 2006.

Rancho Sahuarita Foreclosures, Rancho Sahuarita. Rancho Sahuarita Homes For Sale

January 26th, 2010 by Michael Oliver

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Looking for a Tucson Arizona Homes For Sale? Generally the best place to find Homes For Sale In Tucson Arizona is by using a local Realtor’s website that has direct assess to the MLS. In Tucson Homes are placed on the Tucson Association Of Realtors Multiple Listing Service (or TARMLS for short). Many other home listing sources do NOT list all the listings available in the market. Believe it or not sites such as Zillow.com and Trulia while it looks like they have all the listings routinely only generally carry 85%-90% of the homes for sale. The reason for this is they simply “scrape” the listings they find off of other sources and sometimes (most of the time) there is a lag in the time from when homes hit the market to the time Zillow, or Trulia identifies the new listing. In addition they have a very hard time keeping up with the price changes and newest info on the homes for sale especially with Tucson Arizona homes for sale as it is not a major market such as Seattle or New York.

Homes For Sale Tucson Arizona, Realtor MLS, Tucson Arizona Homes For Sale, Tucson MLS

January 25th, 2010 by Michael Oliver

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Ironwood Reserve Foreclosure Deal

Ironwood Reserve On Tucson’s Northwest side just northwest of the intersection at Cortaro and Silverbell represents a well developed newer home neighborhood off of Pima Farms road just north of Continental Reserve. Currently homes in Ironwood Reserve are selling for much less then they sold for during the boom of 2004-2005 prices are down in some situations over 50%! One of the best foreclosure deals on the NW side and one I personally went to was this listing at 7812 W Sage Creek Marana, AZ 85743. This home was built by Meritage Homes in 2006 and features many upgrades including 6 bedrooms, 3 baths, large kitchen island, pool, contemporary floor plan, etc.

Continental Ranch, Continental Reserve, Ironwood Reserve, NW Tucson Neighborhoods

January 22nd, 2010 by Michael Oliver

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Short Sale Deal In Dove Mountain

There is a short sale deal in Dove Mountain that I was told is bank approved. This deal is very good considering it’s a 4 bedroom single story, 2 car garage, with a pool and spa for $180k. That’s an amazing price for Dove Mountain Property. The pictures of the home show it to be in great shape and the comments explain it has new carpeting, GE Appliances, ceiling fans, wood blinds, etc.

Dove Mountain Distress Homes For Sale, Dove Mountain Homes, Dove Mountain Short Sales

January 20th, 2010 by Michael Oliver

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New home builder sentiment headed down to a 15 rating in January from a 16 rating in December as home building executives outlook on the future of their business has lowered over the past thirty days.A rating of less then 50 suggests the new home industry is in a contraction or (recession. )Executives blame a couple things on this reduced outlook.

“Home buying conditions have rarely been as good as they are right now, but consumers are still waiting to see significant positive signs of improvement in employment and confidence, and this is slowing buyers’ return to the market,” said NAHB Chief Economist David Crowe in a statement.

new home builder news, New Home Builder Sentiment, New Home Builders Tucson

January 19th, 2010 by Michael Oliver

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FHA loan standards are going to be increased as soon as possibly this week as the FHA commissioner David Stevens has to do something to lower the default rate associated with FHA loans. FHA is a government agency that unlike what a lot of people think only issues insurance on loans that confirm to their guidelines. If they guarantee the loan (issue insurance) and a loan defaults they (FHA) reimburses the lender for the loan. FHA loans currently are used in almost 50% of all Tucson Homes purchased. The vast majority of first time buyers use FHA loans as they are somewhat easier to qualify for for and with much lower down payments then regular banks will offer.

FHA Loan Changes, FHA Loan Guidelines, FHA Loans