5347 E 10th Ave, AJ
MLS: 2880975
NEW PRICE! REDUCED TO $590,000!
For more information on this property & many more, visit my website at http://www.shielasuttle.com/!
About Me
- Shielamarie Suttle, ASP CNE REALTOR®
- I am a Licensed REALTOR dedicated to providing the highest level of service to buyers and sellers. I strive to be known by other real estate agents as a true professional and a pleasure to do business with. My mission is to treat each and every client as an individual and to always put that client's needs first. My goal is to get the job done with as little hassle as possible. I am aware that most clients want even more than just a no hassle transaction, what they really want is someone who will listen to their needs and desires. That is what I am great at! I have been an Arizona resident for over 22 years and am deeply familiar with most every area across The Valley. I specialize in servicing Mesa, Gold Canyon, Apache Junction, Gilbert, Higley, Queen Creek and Chandler. Most importantly, I am a full-time, full-service real estate professional. Our real estate market is ever-changing and working with an agent like me who is embedded in the industry on a daily basis will ensure a winning experience when buying or selling your next home.
Wednesday, June 25, 2008
Tuesday, June 24, 2008
Just Listed!
914 E Harmony Ave, Mesa - $249,000
MLS: 3015268
This property is move-in ready! Jump into the newly replastered diving pool as soon as you step foot into your new home. Completely renovated kitchen boasts new cabinets, new counters, & stainless steel appliances. Washer & Dryer is also included. This 3 bedroom, 2 bath home features neutral paint throughout, ceiling fans, 2-car garage with cabinets, extra storage room, french doors in Master, tile floors throughout, sunken living room, water softener, satellite dish, RV Gate, storage shed, & large ramada in the back. No disappointments! Bring us those offers today!!!
For more information on this property & many more, please visit my website at http://www.shielasuttle.com/!
Monday, June 23, 2008
FHA Waives 9--Day Waiting Period
The Federal Housing Administration is lifting the mandatory 90-day waiting period it instituted in 2003 that delays the sale of REO properties.
The waiting period, which never applied to properties sold by Fannie Mae, Freddie Mac, or state- and federally chartered financial institutions, was imposed to make flipping more difficult. But as the number of REO homes has grown, it has had the effect of flooding neighborhoods with properties.
The change may help reduce the impact of foreclosures on some neighborhoods, but it won’t have as significant an impact as some might think, says Glen Daniels director of real estate-owned properties for Foreclosure.com. Many of the REO properties don’t meet FHA standards and will require rehabilitation before they can be sold to an FHA borrower, he points out.
Source: Reuters News; Inman News, Matt Carter (06/13/08)
This is great news in the real estate world! FHA loans are making a huge comeback right now with the increased loan limits. The majority of my buyers have an FHA loan & it's the easiest way to obtain financing for first time home buyers.
Lifting the 90-Day waiting period means banks & investors can sell the property as soon as they obtain it. There used to be a 90-day probation period where it had to be in their name during that time (this was FHA's way of trying to avoid immediate flipping & turn arounds). But now that it's gone, that means buyers can obtain those properties right away without having to wait for 3 months. Good news, right? Right!
~Shiela
For more information on the current market trends, visit my website at www.ShielaSuttle.com!
The waiting period, which never applied to properties sold by Fannie Mae, Freddie Mac, or state- and federally chartered financial institutions, was imposed to make flipping more difficult. But as the number of REO homes has grown, it has had the effect of flooding neighborhoods with properties.
The change may help reduce the impact of foreclosures on some neighborhoods, but it won’t have as significant an impact as some might think, says Glen Daniels director of real estate-owned properties for Foreclosure.com. Many of the REO properties don’t meet FHA standards and will require rehabilitation before they can be sold to an FHA borrower, he points out.
Source: Reuters News; Inman News, Matt Carter (06/13/08)
This is great news in the real estate world! FHA loans are making a huge comeback right now with the increased loan limits. The majority of my buyers have an FHA loan & it's the easiest way to obtain financing for first time home buyers.
Lifting the 90-Day waiting period means banks & investors can sell the property as soon as they obtain it. There used to be a 90-day probation period where it had to be in their name during that time (this was FHA's way of trying to avoid immediate flipping & turn arounds). But now that it's gone, that means buyers can obtain those properties right away without having to wait for 3 months. Good news, right? Right!
~Shiela
For more information on the current market trends, visit my website at www.ShielaSuttle.com!
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You can find great local Mesa, Arizona real estate information on Localism.com Shielamarie Suttle is a proud member of the ActiveRain Real Estate Network, an online community to help real estate professionals grow their business.