When Does A Smoke Alarm Battery Cost $10,000?

When it’s in a multi million dollar house for sale, and it’s beeping and no one cares enough to change it.

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This is not an uncommon thing.

It’s a $2 fix. But no one has the attention to detail to take initiative and fix it. The owners are out of town and the selling agent just doesn’t consider it to be important. But it is important. Very important and could potentially costs $1,000′s off a buyer offer price. This is why attention to detail is so important. Continue reading

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Foreclosures Pending: Becoming Irrelevant

People who are worried about the housing market say things like: “The banks are holding 2 years of shadow inventory.” or “There’s a new wave of foreclosures coming.”

Pending foreclosures are on a very steady decline.

Foreclosures Steadily Decreasing

Foreclosures Steadily Decreasing | Source: Armls STAT

Some foreclosures in a metro area as big as ours is normal and to be expected. When the amount is proportionate the effect on supply, demand and prices is very limited. In 2009 the impact was massive because the number of distressed sales was so disproportionate.

Prices have risen. Far less people are in a negative equity position and the low inventory means almost any house can be sold in a short period of time.

Time to forget about foreclosures for a while as a strong market indicator.

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Recent Client Testimonial

It’s so important to be consistent and available to clients. Everyones timeline for when they need help is different. Real estate is especially like that because needs, goals and dreams can change so easily. This sale was such a nice story and so glad we could help and be part of it.

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Please use our testimonial, and always continue to treat people the way we were treated.

“Marta gathered listing info for my wife and I in 2011 when we were starting to look at property in Phoenix. She remained to send follow up info for us during the next 18 months, even though we never went ahead with a purchase.

In April of 2013 we decided to purchase property, Marta arranged showings for us and even met us at the airport, took us to the showings and we made an offer.

Through the whole purchase procedure, Marta and her sales team were very professional, helped us out with every detail. They worked very hard to make sure we found the right property and at the best price possible.

Marta’s whole team was with us right until we received the keys for our new home.

Thanks Marta for helping us with the purchase of our Phoenix property,”

Dallas & Deb

Ponoka, Alberta, Canada

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Thank you so much for writing these kind words. I’m just glad everything worked out for you :-)

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Mortgage Rates Rising: What This Means For Real Estate

The Arizona mortgage interest rate on June 5, 2013, is up 64 basis points from last week’s average Arizona rate of 3.36%.

Ok that’s something we haven’t seen in the market for a while. The thought that mortgage rates are going to start going back up. But it looks like something the market will need to get used to rising rates.

Mortgage Rates popped up.

Mortgage Rates popped up. Source: www.zillow.com

That’s a big rise. In a week. And it took experts somewhat by surprise.

Here’s how the www.bankrate.com experts faired.

Continue reading

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Mountain Shadows, Paradise Valley

Probably the best kept secret in all of Paradise Valley is Mountain Shadows resort. The resort itself has been closed for 8 years. But the golf course is still there and is fantastic value for money.

The views from almost every hole are stunning. You have the head of Camelback to the south and Mummy mountain to the north. The fairways are lined with blossoming Oleander. The fairways are lush, green and cooling. In general it’s just a cool place to be.

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Mountain Shadows Golf

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Insane Camelback Viewsms-distance

Continue reading

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Client Testimonial

A client of mine emailed me the following testimonial. I was very happy to read it. Customer satisfaction is my number one goal.

I very much enjoyed working with Marta and really appreciated her professionalism, knowledge and attention to detail. She provided great market insights and produced excellent marketing materials. She handled both my residential purchase and the sale of my existing property which she sold in just five days so that I was able to purchase and close within the same week. She definitely managed the process and kept it all on track!

Karen T, Gainey Ranch

Thank you Karen :-)

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