Sara Pichelmann\’s Blog

Pichelmann Group, Has a 98% success rate with Short Sales.
We contribute this to our educated staff and personal attention to details. We do not CHARGE any upfront fees and we negotiate our commission through the lender. We try our best to make the process as easy as possible for you.
Call today for a private appointment or sign up to attend one of our monthly classes. Go to AZREALTORHELP4U.COM for more information. 480-495-4175

October 11, 2011
Chandler, Ariz.
America’s Best Places Rank: 45th
Population: 242,522
Mayor: Jay Tibshraeny

Why it’s ranked: One of Phoenix’s sprawling cousins, Chandler has some of the highest-ranked schools on our list and a low rate of violent crime. The city suffers from a high foreclosure rate, though unemployment, at 6.5 percent, is well below the national average of 9.1 percent. Photograph courtesy of City of Chandler

How it ranked:
Percent with bachelor’s degrees: 38.2
Percent under poverty level: 7.5
Median household income: $70,413
Violent crime rate: 289
Property crime rate: 2,912.2
School score: 76.38
Pro sports teams: 0
Foreclosure rate: .0303
Percent Unemployment: 6.5
Park acres per 1,000 residents: 6.1
Bars: 21
Restaurants: 369
Museums: 7
Colleges: 2
Libraries: 6
Air Quality Index: 105
Read the full Story
http://images.businessweek.com/slideshows/20110920/america-s-50-best-cities/slides/7

If you have a home you are wanting to sell it needs to show well and be priced right to sell in today’s market. There are so many good buys you need to stand out. Just a few tips; no clutter, remove all family photos. Have the home  available to show  on short notice. When showing have all the lights on and leave the home so perspective buyers feel comfortable while looking for their pefect home. Think like a buyer, what would be important to you when shopping for a home? This your opportunity to show off your home and get it sold fast.

Biggest mistake is an over priced home in this market! You  will get you less for your home if it’s over priced. The market in the Phoenix metro is still on a decline and waiting will only cost you!!

  A Short Sale is when there is more debt owed on the property than the property™s value.   In a loan default situation, (pre-foreclosure) the creditor(s) may be willing to agree to allow the property to be sold for less than the loan amount and/or accept less than (or œshort) the amount owed as payment in full. Sell  your home goes through the same process as a traditional sale. The diffrences are,the bank compensates all parties on your behalf,including Realtor commissions. You do not receive funds from the transaction. The bank may offer 3,000 moving expenses.

HAFA

 Home Affordable Foreclosure Alternatives, Obama administration program. Borrowers, lenders offer incentives to avoid foreclosure. Procedures in place in order to speed and facilitate short sale    process.   http://makinghomeaffordable.gov  

In order to sell your home through the HAFA program the investor owning your loan has to approve the HAFA sale. You will have 30 days to agree to the terms if you do not agree you can do a normal short sale. The process takes approximately 120 days.

Homeowners: Learn what a  short sales is and the process?   What is HAFA? Why avoid foreclosure.   Can I do a Loan Modfication? How does foreclosure effect your Credit? When you can I buy a home again? Be informed.

Classes  held monthly: Location: Tumbleweed Recreation Center, Meeting Room
  745 E German Rd. Chandler, AZ 85286       480-782-2908                                                                                                                                                    
Class fee: $3 Instructor fee: $0 Supply fee: $0
337TW.479

Private consultation Call 480-495-4175

There are several cities in the Phoenix area that have a Neighborhood Stabilization Program for new home buyers. These are great programs but you have to consider a few things before participating in these programs.  Neighborhood Buyer  Programs will help you with the downpayment but you may not own the land and you may have to stay there for a certain amount of time. There are others that assist you with the downpayment which you have to pay back when you sell and must reside there for a certain  amount  of years. Somethings to consider are the what if? Will you transfer someday with your job? Is your job stable? Will you want a bigger home someday and if so how soon?

What are the consequences if you lose your job? What if you just want to move out? What will happen? Make sure to know your rights and read all the fine print before moving forward with any purchase.

Relief for those owners hanging on to their homes who have been making their payments and are upside down on their mortgages. Sounds great, but not to fast read on..

You cannot use the program if you have a   current FHA loan and have to have a credit score of 500 or higher,  click on the link and read the 6 page letter, if you meet the criteria just be aware this will impact your credit score. How much no one knows.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-173

Relief for those owners hanging on to their homes who have been making their payments and are upside down on their mortgages. Sounds great, but not to fast read on..

You cannot use the program if you have a   current FHA loan and have to have a credit score of 500 or higher,  click on the link and read the 6 page letter, if you meet the criteria just be aware this will impact your credit score. How much no one knows.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-173

Relief for those owners hanging on to their homes who have been making their payments and are upside down on their mortgages. Sounds great, but not to fast read on..

You cannot use the program if you have a   current FHA loan and have to have a credit score of 500 or higher,  click on the link and read the 6 page letter, if you meet the criteria just be aware this will impact your credit score. How much no one knows.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-173

Relief for those owners hanging on to their homes who have been making their payments and are upside down on their mortgages. Sounds great, but not to fast read on..

You cannot use the program if you have a   current FHA loan and have to have a credit score of 500 or higher,  click on the link and read the 6 page letter, if you meet the criteria just be aware this will impact your credit score. How much no one knows.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-173

Relief for those owners hanging on to their homes who have been making their payments and are upside down on their mortgages. Sounds great, but not to fast read on..

You cannot use the program if you have a   current FHA loan and have to have a credit score of 500 or higher,  click on the link and read the 6 page letter, if you meet the criteria just be aware this will impact your credit score. How much no one knows.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-173