Short Sale. List price is Pre-Approved by the lender. 3 bedroom 2 bath. Ceramic tile throughout. Formal dining. Formal living room. Family Room. 2 car garage with electric opener. Newer Trane A/C unit. Gas water heater. Electric cooktop. Granite vanity tops in bathrooms. Huge laundry room.

Free Short Sale Webinar – Saturday, May 19^th

There are many myths about how short sales work, including the rumors that they have the same impact on your credit as a foreclosure or that they are impossible to complete. The Russo Team can show you how that is just not true in today’s market and we can show you how to successfully navigate through the short sale process.

On Saturday, May 19^th starting at 10:00am the Russo Team will be hosting a FREE Short Sale Webinar to discuss the ins and outs of a short sale including the pitfalls of doing nothing or in other words just letting your home go to foreclosure. In an anonymous, stress-free environment, participants will be able to interact with short sale industry experts on a live online webinar – and get the real answers necessary to make an informed decision.

To join the Russo Team on Saturday, May 19^th from 10:00am to 11:30am (MST) please click here. Online availability is limited so please act now and sign up today. All participants’ information will be kept confidential. If you have any questions, you can reach the Russo Team at 602-864-1200.

What is the difference between a short sale verses a foreclosure? On Saturday, May 19^th the Russo Team will be hosting a free webinar to share with homeowners the big differences between a short sale and a foreclosure.

In a confidential, stress-free environment, webinar participants will get the real answers they need regarding the difficult decisions surrounding a short sale verse a foreclosure. The Russo Team has put together a panel of industry experts, such as a real estate attorney, a CPA and a real estate professional who holds the Certified Distressed Property Expert (CDPE) Designation to provide the most current, relevant information regarding short sales. 

To learn more about what will be covered in the free webinar, please watch this quick video – then click here to sign up for the webinar on Saturday, May 19^th beginning at 10:00am. Online availability is limited so please don’t miss this opportunity. All participant names and information will be confidential. We look forward to helping you with all your real estate needs. 

Short Sale, 1 loan. Beautiful 4BR 2BA home in good condition. 3 car garage. Kitchen w/ island overlooking great room & stainless steel appliances. Upgraded carpet & ceramic tile. 2'' wood blinds. 10' ceilings make house feel large. Master suite has large master bath w/ dual sinks, garden tub & walk-in closet. Split floor plan. Dual sinks in hall bath. Nicely landscaped front & back. Gas line installed for backyard BBQ. Large neighborhood park just down the street.

Free Webinar 

The Russo Team will be hosting a free webinar on Saturday, May 19^th to share with you the benefits of a short sale. This webinar will allow participants to get answers to questions about the current real estate market and learn the options available to avoid foreclosure.

Hear directly from a panel of industry experts regarding the following:

• How to avoid foreclosure at no cost to you
• Less long-term impact on your credit score
• Future security clearance protection
• No challenges to future employment
• Retain some control over the sale of your property
• Shorter waiting period to get another mortgage

If you are interested in learning more about the short sale process, please visit my website to receive a complimentary copy of this month’s report: Escape Your Unmanageable Mortgage. To sign up for the Russo Team Short Sale Webinar on Saturday, May 19^th please click here. Online availability is limited so act now and sign up today. All participant names and information will be confidential. We look forward to helping you with all your real estate needs. 

On May 4th, RE/MAX CEO Margaret Kelly shared a market update with Bloomberg - in this video you'll learn that the Phoenix market is making national news! Are you ready to buy or sell? Call the Russo Team today 602-864-1200. 

**Complete Remodel** New kitchen includes new cabinets, new granite countertops and new stove. Also completely new paint inside with new carpet. HUGE storage shed in back. Neat and clean and ready to go!

Welcome to Cabrillo Point, one of Lennar’s premier West Valley communities. Cabrillo Point is conveniently located near the 101 Loop just south of Bell Road off 71^st Avenue. Nestled right in the heart of Arrowhead Entertainment District, this community allows residents convenient access to walking and biking trails, lighted basketball and tennis courts, play grounds, barbeque areas and even a sand volleyball court.

Cabrillo Point offers some of Lennar’s most popular floor plans including the Revolutionary new home concept, the Next GEN “the home within a home.” These floor plans include a complete private suite with its own entrance, bedroom, bathroom, kitchenette, living room and laundry area. Cabrillo Point also offers two of Lennar’s “Super Homes” which have the flexibility of being a home with 4 or 5 bedrooms, 2.5 or 3 baths, a 2 or 3 car garage and range from over 2,500 square feet to nearly 3,000 square feet – all within the same floor plan design.

For more information about Cabrillo Point please visit us online at www.russoteam.com/Lennar-Homes-at-Cabrillo-Point or call us at 602-864-1200. 

“Everything's Included” By Lennar Homes 

At Cabrillo Point in Peoria, Arizona, Lennar Homes is proud to offer the “Everything’s Included” package. When home buyers purchase a Lennar Home, they may receive thousands of dollars in extras included – receive the latest in luxury, technology and efficiency – right in the base price of the home!

So what is included in an “Everything’s Included” Lennar Home?

Home Automation: Control your home from wherever you might be with technology like automatic door locks, home monitoring, temperature controls and scheduled lighting options.

Energy Efficiency:  Save money while saving the environment with green building practices which can lower energy consumption and reduced monthly energy bills.

Luxury Features: Lennar Homes has asked thousands of buyers what they want the most in a home – and they simply include them at the best possible value to you.

If you are interested in learning more about the Lennar floor plans offered at Cabrillo Point in Peoria, Arizona please contact the Russo Team at 602-864-1200 or visit us online at www.russoteam.com/Lennar-Homes-at-Cabrillo-Point. 

RE/MAX Agent Survey Reveals Rising Prices, Strong Demand 

The housing industry is staging a recovery with increasing sales and stabilizing prices, according to a national survey of RE/MAX agents. Four out of five agents believe U.S. home prices won’t decline further. In fact, nearly 70% predict prices will go up, led by a strong demand for homes in the low to middle price ranges.

"To active real estate agents, this market is definitely heating up," said RE/MAX CEO Margaret Kelly. "They are witnessing a recovery across the country fueled by home buyers and sellers taking advantage of a significant market opportunity."

Agent opinions are documented in the quarterly RE/MAX Market Insights, an online survey of 1,022 residential experts. The survey builds brand visibility for RE/MAX agents, and is typically picked up by more than 300 news outlets. Collectively, RE/MAX agents sell more real estate than any other real estate network in the U.S.

​Key findings include:

• Price rebound: 68% say prices will be higher by the end of 2012.
• Today’s prices: 29% below the peak reached during the housing bubble.
• Demand for lower-priced properties: 80% of agents say it’s good or very good.
• Demand for homes in the middle-price ranges: 71% rate it as fair to good.
• Demand for high-priced homes: 58% call it poor to fair.

A snapshot of today’s homebuyers served by RE/MAX agents:

• Roughly one third are first-time buyers. Another third are homeowners looking to sell so they can move up or downsize. The remainder are mostly investors, who believe the market has hit bottom.
• One in five buyers pays cash, receiving an average discount of 15%.

Nearly half of the agents say lower priced homes in their markets are selling for slightly less than the asking price, while 17% say buyers are paying full price and 11% say buyers are paying slightly more than the asking price.

​For homes in the middle-price ranges, 49% report sale prices are slightly less than the asking price, while 8% say full-price is being paid. For the high-priced homes, 43% report that sale prices are moderately less than asking prices, with another 25% saying it is slightly less.

With bank-owned homes making up a significant portion of the current inventory, agents report that 62% of their non-investor buyers have a favorable attitude toward foreclosures, while only 27% have a favorable attitude toward short sales.

"With distressed properties still making up a sizeable portion of homes on the market, this inventory is being cleared effectively by buyers, who don’t mind investing a little to fix up a property in return for an attractive bargain," Kelly added.

Among buyers’ highest priorities were quality of schools, and condition and size of the home. The lowest priorities included public transportation, walkability and energy efficiency.

Most RE/MAX agents advise their buyers to hire a professional home inspector and to attend the inspection. Getting pre-approved for a mortgage, not merely pre-qualified, also is recommended.

RE/MAX Affiliates may share this article, provided they do not charge for it and this notice is included. All other rights reserved. 

Short Sale. 2 loans. Well kept home. 4 bedroom 2.5 baths and over 2000 sqft. Master bedroom has walk-in closet and is downstairs. The other 3 bedrooms are located upstairs. Open layout with vaulted ceilings. Kitchen has island, lots of cabinets and a breakfast nook. Backyard is nicely landscaped with grass and includes a well built screened in porch, beautiful raised vegetable and flower garden beds, and a jacuzzi. Newer 18'' ceramic tile and carpet. 2'' wood blinds throughout.

Short Sale - 2 loans. 4 bedroom home in a great Peoria location just down the street from a park. Kitchen has large island and Corian countertops with mosaic tile backsplash. 3 full bathrooms and a 3 car garage. Travertine flooring with carpet. White wood plantation shutters. Beautiful landscaping front & back. Please note: Drapes & drapery rods do not convey.

NEW Lennar Spec home under construction! Estimated completion August 2012. Other homesites available for new construction. Contact us for more details. The beautiful Columbus Model is a 2 story, 2903 square foot home that includes 5 bedrooms, 3 baths, 3 separate living areas and a 2 car garage. The Lennar Standard feature plan is loaded with great options. This home also already includes the following upgrades: Gourmet kitchen option, Luxury flooring package, Luxury shower (oversized shower ILO tub/shower), Elevation C. Come see us for a list of all the floor plans and amenities that Lennar has to offer. Upgrades can include flooring, cabinetry and additional appliances (including refrigerator & gas stove). Sales Office Location: RE/MAX Professionals, 7111 W Bell Rd (southwest corner of Bell & Grandview). Loan officer contact info: Matt Primrose of Universal American Mortgage Company, Phone 480-783-8669, Fax 866-825-1467, Email matthewprimrose@uamc.com

NEW Lennar Spec home under construction! Estimated completion August 2012. Other homesites available for new construction. The beautiful Cortes Model is a 2 story, 2567 square foot home that includes 5 bedrooms, 3 baths, 3 separate living areas and a 2 car garage. The Lennar Standard feature plan is loaded with great options. This home also already includes the following upgrades: Gourmet kitchen option, Luxury flooring package, Elevation B. Come see us for a list of all the floor plans and amenities that Lennar has to offer. Upgrades can include flooring, cabinetry and additional appliances (including refrigerator & gas stove). Sales Office Location: RE/MAX Professionals, 7111 W Bell Rd (southwest corner of Bell & Grandview). Loan officer contact info: Matt Primrose of Universal American Mortgage Company, Phone 480-783-8669, Fax 866-825-1467, Email matthewprimrose@uamc.com

NEW Lennar Spec home under construction! Estimated completion August 2012. Other home sites available for new construction. The Freedom Model is one of Lennar's Next Gen, home within a home floor plans. The attached private suite contains its own kitchenette, living room, bedroom suite and private bath. The main home features 3 bedrooms, 2.5 bath plus great room. The Lennar Standard feature plan is loaded with great options. This home also already includes the following upgrades: Gourmet kitchen option, Luxury flooring package, Elevation D. Come see us for a list of all the floor plans and amenities that Lennar has to offer. Upgrades can include flooring, cabinetry and additional appliances (including refrigerator & gas stove). Sales Office Location: RE/MAX Professionals, 7111 W Bell Rd (southwest corner of Bell & Grandview). Loan officer contact info: Matt Primrose of Universal American Mortgage Company, Phone 480-783-8669, Fax 866-825-1467, Email matthewprimrose@uamc.com

Wonderful 4 bedroom home with soaring vaulted ceilings in the living room + an open kitchen to the dining and family rooms.  Tons of storage, neutral carpet and wood blinds throughout.  You'll enjoy the great covered patio and beautiful pool!

Freedom Floorplan at Cabrillo Point in Peoria, Arizona 

The Freedom Model by Lennar Homes is a unique floor plan featuring the NEXTGEN^TM – The Home within a Home^TM - which offers home buyers the option to have an attached private suite with its own kitchenette, living room and bedroom suite.

The main house is a 2,247 square foot great room design with a large open kitchen, eat-in dining, three bedrooms, two and half baths and a two car garage. Lennar is proud to offer a generous list of standard options – click here to view more details.

If you are interested in a private tour of the Freedom Model, please contact the Russo Team at 602-864-1200 or you may visit us online at www.russoteam.com/Lennar-Homes-at-Cabrillo-Point. 

Short Sale Webinar - Tomorrow! 

Register now to hear a panel of industry leaders, tomorrow, April 21st as they discuss the alternatives to foreclosure through a short sale transaction.

Learn Important Information Like:

• Can the bank come after me for the unpaid mortgage balance?
• Will I have to report the short sale to the IRS?
• How does this impact my credit?
• Can I ever own a home again?
• Ask LIVE questions to the panelist on-line

Panelist include a CDPE Designated Real Estate Professional, Tax Accountant and an Attorney who specializes in short sale negotiations. 

Please join us on Saturday, April 21st from 10:00am to 11:30am for this free short sale webinar. All participants will get answers to questions about the current state of the real estate market and what options may be to sell property. Our industry experts will address all areas of a short sale including the difficult questions regarding legal and tax implications - all in a stress-free and anonymous environment. Space is limited – click here NOW to secure your spot!

​Join us on FaceBook and enter to win a FREE $50.00 Target Gift Card! 

New Homes Are Back!

I don’t know if you read the article in the Arizona Republic this weekend, however, I am happy to share with you a bit of good news – New Homes are back!

"There's no question the new home market is finally on its way back," said RL Brown, publisher of the "Phoenix Housing Market Letter," a monthly newsletter tracking home building. "But no one knows whether it will come back rip-roaring like the boom of 2006 or a more normal market like 2003. For the first two months of this year, new home permits are up 84 percent compared with the same period in 2011, but the overall numbers are still low by metro Phoenix standards.”

“Among buyers, a growing number who have been outbid multiple times on short sales and foreclosures are opting to purchase new houses instead. And among builders, who have seen several dismal years of slow sales and deep losses, some are now reporting profits or at least their highest monthly sales in years.”

The surge in new home activity is exciting for both home buyers and within the Russo Team. We recently partnered with Lennar Homes on a new home project in Peoria – Cabrillo Point located at 73^rd Ave just south of Bell Road. The Russo Team will be the real estate professionals representing this community.

If you are tired of multiple offers, losing out to investors or property condition concerns on resale REO homes, then perhaps a new home is the way to go today. Cabrillo Point is conveniently located near the Arrowhead Entertainment District, the 101 Loop and provides an excellent choice for schooling within Peoria School District. Base prices start at $157,990 and range in size from 1,400 square feet to 2,903 square feet. This subdivision also offers the unique NEXTGEN™ - The Home Within A Home™ as well as the “Everything’s Included.”

Models are available and can be seen by appointment. If you are interested in learning more, you can visit us online to view options, floor plans and even take a video tour – click here now. Call us at 602-864-1200 today – New Homes are back!

Source: Arizona Republic

Not a short sale or bank owned. This beautiful home features fresh 2 tone paint, new carpet and pad, 20' tile throughout the first floor, updated corian type countertops, black appliances, 13" bath/shower surrounds, ceiling fans though out, french doors off the family room leading to the backyard with and extended covered patio and large diving pool and a huge 4 car garage (3rd car bay is a tandem that goes through to backyard with doors at both ends)