Real Estate Blog 
Queen Creek Schools receiving Grants & UPGRADES
Wednesday, March 10th, 2010 at 5:07pm. 23 Views, 0 Comments.
My name is Justin Botner; a local Realtor in the valley.
The Queen Creek Unified School district is receiving $848,964 to help to make their schools more energy efficient.
CLICK HERE TO READ FULL STORY
Queen Creek has fantastic deals on new homes. Developers are offering New Home Builds starting at $100,000. Queen Creek is definitely trying to continue it’s growth and is considered a great place to buy a lot of home for a little money.
The community only becomes more appealing as the schools are upgraded.
I help many people across the valley to sell and buy short sales, foreclosures, and investment properties. I work in Tempe, Phoenix, Ahwatukee, Chandler, Scottsdale, Gilbert and throughout the valley.
Justin Botner
Realtor R
C: (480) 250-8858
F: (480)…
Foreclosures in Northeast Valley creating great opportunity for buyers
Tuesday, March 9th, 2010 at 10:40am. 20 Views, 0 Comments.
The northeastern Zip codes that cover the area between Phoenix Mountain Preserve and Pinnacle Peak Road were holding up to the economic recession reasonably well. That is untill last year and the begining of 2010. The number of foreclosures and short sales has surged during this time period thus bringing the value of homes down. It is still a fairly tough market for the general seller.
More than 900 of northeast Phoenix's sales were foreclosures in 2009, whereas in 2008, only 346 foreclosure sales took place.
"The decline in foreclosure house prices was driven primarily by mortgage-related issues, but the continuing decline of non-foreclosure prices has more to do with weak economic conditions, especially in the Phoenix area, and the difficulty buyers…
Real Estate Fraud!
Tuesday, March 9th, 2010 at 10:24am. 24 Views, 0 Comments.
My name is Justin Botner; a local Realtor in the valley.
Many home owners are in trouble affording their home mortgage. Uncle Sam put together the Loan Modification program to try to help these individuals.
Now a new epidemic of fraud has been inspired. Many companies stating that they will help with your loan modification are simply swindling your money and at times your house!
CLICK HERE TO READ FULL STORY
Being an educated consumer is your best defense. Be wary of upfront costs. Don’t make payments to your bank through a third party. Call your bank directly and ask what could be modified on your loan and what to expect. You may find a very different story from a third party. Your bank’s assessment usually will be very accurate.
Also ask a Realtor…
Buy Smart and Save $1,000's!!
Friday, March 5th, 2010 at 10:22am. 23 Views, 0 Comments.
My name is Justin Botner; a local Realtor in the valley.
Special incentives to buy houses are out there and always changing.
Knowing what they are can help you strategically purchase and save thousands.
Most people are aware about Uncle Sam’s tax credit up to $8,000. Fannie Mae also has a program called Home Path.
Right now they will give you 3.5% towards closing costs, new appliances, or a mix of the two. Best of all you can use both the home path program and still receive a tax credit.
Other promotions help you save through different loans and credits. The city of Phoenix will give you $15,000 to your down payment and closing costs. The buyer only needs a $1,000 total move in.
Worried about credit? You can qualify for an FHA loan at 6%-6.5% with a credit…
Attention Coffee Drinkers!
Wednesday, March 3rd, 2010 at 11:47am. 21 Views, 0 Comments.
My name is Justin Botner; a local Realtor in the valley.
While the rest of America can only have the 20 oz Venti Phoenix can pick up an extra 11 oz! Starbucks has decided to test their new 31 ounce Trenta in the Phoenix and Tampa areas. Available in both coffee and iced tea. Prices from $2.60 - $3.30 and the unsweetened iced tea boasting only five calories.
Time to get your morning started!
I help many people across the valley to sell and buy short sales, foreclosures, and investment properties. I work in Tempe, Phoenix, Ahwatukee, Chandler, Scottsdale, Gilbert and throughout the valley.
Justin Botner
Realtor R
C: (480) 250-8858
F: (480) 946-3759
209 E Baseline RD #106
Tempe, AZ 85283
www.occasiorealty.com
Foreclosure Bargains Getting Harder to Find
Monday, March 1st, 2010 at 4:00pm. 27 Views, 0 Comments.
Hi everyone, Jenna your local Realtor here! I just came across this article in Wall Street Journal and had to pass it on.
Home buyers hoping to snag a really good deal on a foreclosed home are finding it increasingly difficult because supply is shrinking.
The number of foreclosures that are available for sale nationwide fell to 617,000 in December, down from 845,000 in November 2008, reports Barclays Capital.
Not only have attractive homes in popular neighborhoods already been snapped up, but also government help for distressed buyers is delaying more foreclosures.
Demand is driving up prices. Investors say typical prices have climbed from 75 percent of appraised value to 85 percent or higher when there are bidding wars.
This is great news for sellers who…
Commercial Real Estate Casting a Daunting Shadow....
Thursday, February 25th, 2010 at 11:32am. 31 Views, 0 Comments.
My name is Justin Botner; a local Realtor in the valley.
Commercial Real Estate is casting a daunting shadow over economic recovery.
Short Sales and Foreclosures have flooded the Residential Market; changing the housing landscape forever. The government implemented tax credits, record low financing, loan modifications, and many other programs to help fuel the positive trends seen through 2009 and the beginning of 2010.
Now Commercial Real Estate may see $1Trillion in losses.
This article explains why we are facing such a hit in the commercial sector.
CLICK HERE TO READ FULL STORY
Will and should the government step in to help?
A big concern is that commercial foreclosures means business closing. Jobs will be lost. Unemployment is a major driving force of…
New Report showings home stablization
Thursday, February 25th, 2010 at 10:50am. 29 Views, 0 Comments.
A new report released by the W.P Carey School of Business at
ASU shows the record decline of Phoenix-area may be close to over. The study’s
repeat sales index show a continued decrease in home prices during the
last 33 months, but the rate of the price drop has been getting slower.
"If the present trend continues, prices will level off later this
spring," says Professor Karl Guntermann, the Fred E. Taylor Professor of
Real Estate, who authored the report along with Research Associate Adam Nowak.
"Prices are currently down 47 percent from the peak in mid-2006."
The study shows that the foreclosure segment of the market seems to be stabilizing
fastest. I have been seeing this trend for the past 6 months now and I’m glad
there has…
Going Green Tips
Tuesday, February 23rd, 2010 at 10:31am. 35 Views, 0 Comments.
My name is Justin Botner; a local Realtor in the valley.
Ever wonder how going Green would impact your home and the environment? This article reviews some ways to go green and how it will impact our world.
CLICK HERE TO READ FULL STORY
Going green can be as simple as the type of appliances you use and the type of paint you use. Also when remodeling the type of materials can make a big difference.
So next time you decide to embark on a project keep green as an option.
I help many people across the valley to sell and buy short sales, foreclosures, and investment properties. I work in Tempe, Phoenix, Ahwatukee, Chandler, Scottsdale, Gilbert and throughout the valley.
Justin Botner
Realtor R
C: (480) 250-8858
F: (480) 946-3759
209 E Baseline RD #106
Tempe, AZ 85283
Gilbert to delay over $80 million in road and park improvements
Tuesday, February 23rd, 2010 at 10:28am. 31 Views, 0 Comments.
More than $80 milliion in capital improvements may be delayed due to Gilbert's decline in property tax revenue over the upcoming and past years. The Town Council met last Saturday to discuss the situation, they could of either increased the current property tax rate ($1.15 per $100) and possibly risk driving residents away or delay the projects they intiated over 8 years ago. Among other projects, the bonds were expected to pay for wider roads in south Gilbert and significant upgrades to Freestone, McQueen and Nichols parks.In order to issue and fund the remaining voter-approved bonds, Gilbert would likely need to raise its property-tax rate to $1.30 next year and $1.55 for the following years, Skocypec told the Council on Saturday.
I think the town of…