Well maintained home with split bedroom floor plan. Master bedroom has sliding glass doors to large covered patio & nicely landscaped back yard. Bay window dining off kitchen and great room, wood blinds throughout, ceramic tile, built in media center. All appliances are missing in home so if financing is needed, buyer will need to install stove for FHA or VA appraisal. Bank of America prequalification required on all offers. Home is sold as is.

Nice home in great subdivision. This 3 bedroom 2.5 bath home offers 2 master bedrooms with private baths. One located upstairs and the other downstairs. Home features vaulted ceilings, fireplace and laminate wood floors. Den opens with double doors to the main living area of the home. Part two of the 2 car garage has been converted to a bedroom. We are currently researching with the city for permits for the conversion which may be needed if purchasing FHA or VA. Home is within walking distance to schools.

4 bedroom, 2 bath home in nice neighborhood. This home has the master on the main floor with large loft, laundry and three bedrooms upstairs. Great opportunity for a first time home buyer, investment or second home purchase. Power is provided by Hohokam Irrigation.

Well presented single level home with stunning great room layout, perfect for felaxed living & entertaining. The tiled arched entryway creates an elegant impression which continues into the living space beyond, with 9 ft ceilings and tile in all the wet areas. The breakfast bar is huge and the kitchen is very spacious with plenty of cabinets plus a good sized pantry. Outside, the over sized covered patio extends your living area, and your backyard is fully landscaped and extremely private with no homes behind you. The luxurious master suite boasts a separaate shower and tub, dual sinks, large walk-in closet and bay window bringing in lots of natural light. With window coverings throughout, cabinets in the laundry room and tuility sink in the garage, this is a great property at the right price.

Very unique, custom home located on a quiet cul de sac on a huge lot. Large formal living room, formal dining room with built in bookcase/hutch and wet bar, spacious family room with wood burning rock fireplace, kitchen has Corian countertops, built -in oven and cook top stove. 4 spacious bedrooms with oversized master bedroom and master bath. Double walk-in closets with a skylight. Master bath has a separate tub/shower and separate vanities with sink, exit to enclosed, relaxing spa from master bath. Diving pool in back with covered ramada, covered and open patio with yard sectioned off for additional space. Covered parking with storage and spaces for 4-6 cars to park. RV parking and gate in back. This house is worth looking at!

Freshly washed and ready for you! Fresh paint and new carpet throughout in this home featuring over 1900 square feet. The kitchen opens to the family room which overlooks the landscaped backyard with sparkling pool. The master suite features a walk in closet, separate tub and shower, double sinks and a separate exit to the patio. The home features 2 additional bedrooms plus a den/office off the entry. Don’t miss this beautiful home in Rancho el Dorado!

Beautiful, lovingly maintained, 3 bedroom, 2 bath on oversized 80X162 lot with no HOA fees! Great neighborhood, gorgeous mature landscaping. Well insulated, shade screens all around. Great room with fireplace, breakfast room, spacious open kitchen with solid surface counters. Separate living room. Tile floors in all the wet areas. Freestanding storage building/workshop. Covered patio plus flagstone patio. Most all of the systems have been replaced:heat pump & air handler, water softener, water heater, dishwasher, microwave, etc.

 This beautiful home is located in Cottonwood Ranch and comes with all appliances. It is close to Cholla Elementary and Cactus Middle Schools.     There is a bedroom and full bath downstairs and a family room with a gas fireplace. The master bath has a walk in closet. 2 sinks, seperate shower & tub and a gas fire place between the bath and bed room. Large back yard with RV Gate. $1250.00 per month plus tax.

  This spacious home is located in Villago minutes from I-10. It comes with all kitchen appliances, built in desk in upstairs loft, landscaping in front and back yards. Master bath has a walk in closet, 2 sinks and seperate shower & tub. $1200 per month plus tax.

Curb appeal and desirable floor plan. Featuring over 1800 sq ft, family room with fireplace, formal living and dining, large master suite and bath. Pool needs some work. There is a 3 car garage, no HOA, convenient location close to schools, shopping, medical facilities and situated on a large lot. Offered at a low ''as-is'' price.

Are you, or someone you know unable to afford the payments on a home that’s worth less than the mortgage balance? There are options to foreclosure—better options now than ever before, including $78 million in federal funds available to Arizona residents for foreclosure prevention.  We’ve assembled a panel of experts who will explain your options at a community workshop on Feb 21st from 7 - 9 pm.  For more information visit www.foreclosure-avoidance.com.

a).The loan payments are based on 15-year amortization with 7-year balloon

b).Interest rates remain in the higher 4% range

c).50% down payment required

(Lines of Credit are also available for refinances)

Paperwork:

a). Last 3 years of Federal Tax Returns with all schedules

b).1003 application as standard with Conventional Financing.

The expansion of the Home Affordable Refinancing Plan will allow for new home loans in March, according to new details from the U.S. Department of Housing and Urban Development, and homeowners are already lining up to apply.

Read more: http://www.azcentral.com/business/realestate/articles/2012/01/06/20120106phoenix-area-underwater-homeowners-help-coming-march.html#ixzz1jdaU5q4v

http://www.bizjournals.com/phoenix/news/2012/01/05/phoenix-foreclosure-rate-continues-to.html

Reginald Givens, Foreclosure Assistance Administrator with the Arizona Department of Housing, commented at a meeting of key housing industry leaders in Phoenix last week. He explained that money is available for homeowners who are unemployed, under-employed or considering a short sale. For those considering a short sale, relocation funds of up to $4500 is available, second mortgage settlement and assistance with buyers closing costs is possible for those who meet the income and hardship requirements and for those whose loans are owned by Freddie Mac or Fannie Mae. Some of the other short sale specific requirements include a requirement that the home is the primary residence, and the loan must have been the original mortgage used to purchase the home or a no cash-out refinance, and those with HELOC's (Home equity line of credit) are ineligible.

In addition, up to $50,000 can be available for those who are seeking a principal reduction or permanent mortgage modification, or for those who need assistance in bringing their loan current.

For more information on Save Our Home Arizona programs, visit www.azhousing.gov.

http://www.azhousing.gov/azcms/uploads/FRONT PAGE/Save Our Home Program Fact Sheet 091611.pdf

My CRYSTAL BALL was accurate! I've been telling people for the last few months that the market had shifted and that prices were slowly increasing! The statistics support my prediction! The graph shows an increase of 5.4% in the median price for residential closed sales over the past six months in Casa Grande.

New requirements are resulting in more cancelled or delayed contracts.

http://www.smartmoney.com/spend/real-estate/how-appraisals-are-derailing-home-sales-1320357466034/

http://econdev.casagrandeaz.gov/index.php/in-the-news/110-phoenix-mart-announcement

Third parties acquired 102,407 pre-foreclosures in the second quarter, while 162,680 bank-owned homes were sold in the same period.

Pre-foreclosure sales are generally short sales and properties sold within the foreclosure process.

“The jump in pre-foreclosure sales volume coupled with bigger discounts on pre-foreclosures and a shorter average time to sell pre-foreclosures all point to a housing market that is starting to focus on more efficiently clearing distressed inventory through more streamlined short sales — at least in some areas,” said James Sacchio, CEO of RealtyTrac.

As for who is nabbing up distressed and bank-owned properties, RealtyTrac said third parties acquired 265,087 homes classified as in foreclosure or bank-owned in the second quarter. That is up 6% from the revised first quarter figure and down 11% from the second quarter of last year.

The average sales price for foreclosures or bank-owned properties hit $164,217 in the second quarter, down less than 1% from the first quarter and 5% lower than a year earlier.

The sales price for distressed real estate was 32% below the average sales price of homes not in foreclosure.

States with the largest quarterly increase in pre-foreclosure home sales included Nevada, which experienced a 43% increase; Washington (39%), California (38%); and Texas (34%).

The states with the highest number of foreclosure sales included Nevada, Arizona and California.

http://www.housingwire.com/2011/08/24/short-sales-surged-in-quarter-two-realytrac