East Valley

$500.00 Move-In! Exceptional Value..Exceptional Home!

Yes, only $500.00 to move into a brand New Home! And it’s not a dinger either. This 1605 sqft home is loaded with upgrades. Upgrades like granite counter-tops. Tile floors in the kitchen, baths and utility rooms. The blinds are already installed. And get this…the home comes All Appliances. A beautiful Side by Side Refer, Built-in Range, Dishwasher and Microwave. And get this..a Washer and dryer!! The home comes with blinds too. This 3bed/2bth single level home is ready and waiting for you.  How much? Just $139,990. Remember, you can move in for $500.00 Snowbirds, why rent a space year after year? You can own a brand new home. Buy now while they are priced so low. These prices and incentives will not last. First Time Buyers, close on this home before April 30th and you may qualify for the $8,000 tax credit. Put your tax return to work for you. Contact Michael Manning at 602-738-8236 for more info. My e-mail is michaelbmanning@cox.net or michael.manning@phoenixpowersearch.com  See a video of this home. http://picasaweb.google.com/lh/sredir?uname=judy.eldc&target=ALBUM&id=5431123299653348625&authkey=Gv1sRgCPHRxYTd6PPITQ&feat=email  

Who will maintain my vacation property?

I have had so many clients ask me, “who will I have maintain my vacation property while I am gone?”  With so many  vacant vacation properties in Arizona, I thought it would be an easy answer.  There has to be a company out there that maintains vacation properties, right??   As I researched companies in the metro Phoenix area I found that most offer rental management services, not maintenance services.  A lot of people don’t want their property to become a rental while they are gone. A client of mine rented out their property, thinking it would bring in some money and come to find out the management company rented to people who made the house into a old folks home. This made their neighbors hate them before they even moved in. Inspections include: Verify security of the home by checking all doors and windows Check for weather damage Pests and insect infestation Monsoon/storm damage to home or property Run all faucets to insure plumbing traps do not dry out and prevent sewer gases. Run dishwasher, washer monthly to keep the seals from drying out Check status of water heater Verify A/C and thermostat are working properly Change air filters on a periodic periodically... 

Not a Short Sale..Not a Bank Owned, A Brand New Build For $500.00 Move-In!

No kidding. I know a builder who is competing with short sales and foreclosures and winning. You can get in for $500.00 with a PITI payment of only $903.87 per month, including HOA! A 1321 sqft single level home will cost $129,990. a 1767  sqft home only $137,900.  These  new homes are not dingers either. They are energy efficient, using Low E-Windows, 13 seer A/C units, Water-saving Plumbing Fixtures and Tile Roofs. 9′ ceilings, cultured marble vanity-tops, and raised panel interior doors are some of the upgrades included. Great kitchens include microwaves, deluxe dishwashers, spacious pantries and oak cabinets. You get a large pool-sized lot, a covered patio, a door into the garage from the side, front and rear hose bibs. All the options you might want are already included. I only mentioned some of them. Oh, did I mention that they come with a Side by Side Refer, Washer/Dryer and a 40″ LCD TV? So, $5,000.00 in incentives, An $8,000.  tax credit, Side by Side Refer, Washer/Dryer and a new Big Screen TV. Low move-in (less the rent) and low monthly payment, again less the rent. What are you waiting for? Homes ready to move into now. Michael Manning EXP Realty, LLC 602-738-8236  

So Your Offer has Been Accepted: Action Steps Following Accepted Offer

Order your home inspection immediately. Per the contract there is a specific number of day inspection period which begins on the date the purchase offer is accepted. You and your agent will have pre-determined the inspection period and listed it in the purchase offer. I can give you the name of two different inspections companies that I have dealt with in the past. HouseMaster 480-345-8570 Ecospec Home Inspections 602-332-7132 Home inspection companies will generally do an overview of the home. Making sure things work such as appliances, toilets, hot water heaters, fixtures, HVAC units etc. They are not specialty contractors.If you wish to have specialty inspections performed such as roofing, pool, lead based paint, radon gas etc. you will need to contact a specialty inspection company and/or a specialty contractor to have these types of inspections performed. Again remember to make arrangements for these inspections immediately following your offer being accepted and that they have been completed within your inspection period. I have an additional list of contractors and inspectors that I can provide you with if you wish, feel free to contact me anytime. Contact your lender if the... 

Cooper Commons 4bed/2bath Entertainers Dream Home $219,999

An adorable 4 bedroom, 2 bath home, single level home in popular Cooper Commons. This home features a split floor plan and separate office/den, or it can be used as a playroom. The master bedroom is spacious with a sitting area and lots of room to move around. The master bath has double sinks and a separate shower and garden tub. There is a formal dining room and a beautiful entryway. The spacious floor plan sits on a large Cul-de-sac lot with 2 car garage. This home is an entertainers dream, with high ceilings and lots of space. It has a fabulous kitchen with a breakfast area and lots of room for the cook of the home. For more details and photos of this home please visit this Flex-MLS link: http://www.flexmls.com/link.html?oy7itvmxatc,12 About the Community: Cooper Commons is an established master planned community located in Southeast Chandler, Arizona. There are over 1600 homes built by eight different builders. The homes range in size from 1100 square feet to over 5000 square feet. There are numerous playgrounds throughout the community and highly rated schools to choose from. Golfing in Chandler: Crown Plaza San Marcos Golf Resort http://www.sanmarcosresort.com Lone Tree... 

Are you an FHA buyer but still “on the fence” about buying?

There have been many rumors flying around regarding the expected adjustments to the FHA loans provided. Do you want to use FHA financing due to the lower down payment requirements, experiencing some credit issues and or wanting to ask the seller to contribute up to 6% concession? If you are and are counting on utilizing FHA loan products for the purchase of your new home, but aren’t quite ready to get off the fence…You may want to re-think your current position. Per a recent article in the Chicago Tribune – FHA-insured mortgages have become the loan of choice — realistically, the only option available since the private mortgage industry’s problems arose — for consumers who are eager to purchase a home but don’t have a significant down payment or stellar credit history. Currently, borrowers have to make at least a 3.5 percent down payment and have a minimum FICO credit score of 500, but most participating lenders require borrowers to have a score of 620 or higher. Those lending requirements have meant a banner year for the FHA. It has insured almost 30 percent of home purchases — more than 75 percent of which are to first-time homebuyers —... 

Suntech chooses Arizona for new Solar Project.

Here is some great news for the Arizona economy. Suntech A Chinese-owned solar panel maker is planning to build a 100,000-square-foot headquarters and manufacturing plant in the Phoenix area. This is huge for the economy and will initially bring 75 jobs to the local area and expand over the years to come. Suntech originally started with 15 states that were a consideration for this project, it came down to Arizona and Texas, Arizona won! Here are some great links to read more information on the new compnay coming to the area. www.suntech-power.com http://www.google.com/hostednews/ap/article/ALeqM5jyM3IImsM90llBP3XCxeAQ92JJjwD9C0NUH00  

**UPDATE**Not only extending the 8k tax credit, but opening it up for others too!!

Per the Associated Press .. November 5th, 2009 First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the end of November, the House voted 403-12 Thursday to extend and expand the tax credit to include many buyers who already own homes. The Senate approved the measure Wednesday, and the White House said President Barack Obama would sign it Friday. Buyers who have owned their current homes at least five years would be eligible for tax credits of up to $6,500. First-time homebuyers — or anyone who hasn’t owned a home in the last three years — would still get up to $8,000. To qualify, buyers in both groups have to sign a purchase agreement by April 30, 2010, and close by June 30.The credit would be phased out for individuals with annual incomes above $125,000 and for joint filers with incomes above $225,000. The newly purchased property must become the buyer’s primary residence. It can not be used for “vacation” homes. Please do not hesitate to contact me with any questions you may have. I am here to help. I can be reached... 

$8,000 Credit Extended and much more offered!

So we got the extension everyone so desperately needed to dive into home ownership.  The $8,000 tax credit is now extended until the end of April 2010.  Great news for those buyers who have contracts on homes that are short sales and haven’t heard anything.   This will allow you to continue to work with the bank and hopefully close by April 2010 of next year.  Lets all keep our fingers crossed for that. Also, a $6,500 tax credit will be given to existing home owners if they buy another home.  This too will expire at the end of April.  By offering this it will also help stimulate the economy so everyone has an incentive to buy now. These incentives won’t last forever, so don’t wait to “cash in”.  If you are considering purchasing a short sale home and want to use the tax credit, it is highly recommended that you enter into a contract at least 3 months before the bill is set to expire. If you are looking to purchase your first home, or your 50th, give me a call and lets find what you are looking for together. Take a look at this website for more updated information: http://www.google.com/hostednews/ap/article/ALeqM5hJJraNRE6DjWj2orF7SYJ12PADEAD9BPFFR01 Rachel... 

Some think Arizona is just desert.

If you are considering moving out to the Phoenix metro area. I wanted to post some pictures of the area.  This should give you a better feel of what Phoenix has to offer. Here is a map of the local area, showing you where the different cities are located.   Chandler is a southern city and to get up to Cave Creek it is about a 2 hour drive depending on traffic.  Sun City is about 1 north from Phoenix.  The most central location is Scottsdale or Tempe.  In Scottsdale, standard home prices are $300,000-$400,000 for a 3bedroom/2bath.  Now this depends on where you purchase and if it is a foreclosure or a short sale. This photo is of the Four Season’s Resort.  This unique Resort has so much to offer and is a destination many find hard to leave.   “The resort – which features individual casitas as well as three restaurants, two pool areas, several tennis courts and an award-winning spa-and-workout facility – is perfectly integrated into the Arizona desert environment. Consistently a recipient of AAA’s prestigious five-diamond award, the resort provides nothing short of top-notch service and luxury amenities.” San Francisco Examiner, June 7, 2009 Some... 

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