Joe Arizona Homes

Joe Bourland

Blog

Displaying blog entries 31-40 of 46

What Happened in September?

by Joe Bourland
Day   Year                                                Event
1
1830
1752
“Mary Had A Little lamb” published
Liberty Bell arrived in Philadelphia
2
1789
U.S. Department of Treasury established
3
1894
First Labor Day celebrated as a legal public holiday
4
1888
George Eastman patents the roll film camera - Kodak
5
1774
First Continental Congress assembled in Philadelphia
6
1847
Jesse James, American desperado born
7
1998
Goggle Founded
8
1966
Star Trek premiered
9
1850
California became the 31st state
10
1891
The song “Ta-Ra-Ra- Boom-Der-E
11
2001
1962
Terrorist fly into the World Trade Center
Beattles 1st single “Love Me Do”
12
1959
Russians launched first rocket to the moon
13
1788
New York City becomes Capital of United States
14
1909
TOOTSIE trademark for chocolate candy
15
1916
British Army became the first to use military tanks
16
1857
Words & music to “Jingle Bells” registered under the title “One Horse Open Sleigh”
17
1931
RCA Victor demonstrated the 1st 331/2 LP record in New York
18
1793
Washington laid cornerstone of the Capital
19
1876
Melville Bissell’s patents a carpet sweeper
20
1938
Nylon patented
21
 
International Peace Day
22
1992
Poolside basketball game
23
1930
Flashbulb
24
1935
Earl Bascom and Weldon Bascom produce the first rodeo ever held outdoors under electric lights at Columbia, Mississippi
25
1959
The song “Do-Re-Me” from “Sound of Music
26
1888
T.S. Eliot, Great American poet was born
27
1977
Anacieto Montero Sanchez received a patent for a hypodermic syringe
28
1979
M*A*S*H television series created
29
1829
Scotland yard police, ‘the Bobbies’, make their first appearance on the streets of London
30
1902
Rayon patented

What Happened in August?

by Joe Bourland
Day   Year                                               Event
1
1876
Colorado became the 38th state
2
1909
Lincoln penny issued
3
1492
Christopher Columbus set sail from Spain on his 1st voyage across Atantic
4
1970
‘POPPIN FRESH’ trademark registered by Pillsbury Company
5
1997
Patent for automatic talking potty issued
6
1945
American bomber dropped the 1st atomic bomb used in warfare on Hiroshima, Japan
7
1906
FLEXIBLE FLYER trademark registered
8
1746
First American passport issued
9
1974
Richard Nixon became the 1st U.S. President ever to resign from office
10
1821
Missouri became the 24th state
11
1789
U.S. Marine Corps created
12
1930
Clarence Birdseye patents a method for packaging frozen foods
13
1890
“The Scarlet Letter” was registered by publisher
14
1935
U.S. Social Security Act approved
15
1914
Panama Canal opened to traffic
16
1930
First World cup began in Uruguay
17
1993
Thomas Welsh invents a platform steerable skateboard
18
1949
Henry Bosenberg of NJ first plant patent for a climbing rose
19
1871
Orville Wright, pioneer aviator and airplane designer born
20
1930
Philo Farnsworth patents television
21
1959
Hawaii became the 50th state
22
1952
Television show – “Adventures of Superman”
23
1977
Cincinnate Bengals trademark registered
24
1814
British troops capture Washington, D.C.
25
1814
British troops burn the White House
26
1920
Amendment 19 giving women in the U.S. the right to vote proclaimed
27
1859
Oil production began commercially in the U.S. when Edwin laurentine Drake struck oil
28
1951
ORAL B introduced
29
1893
The zipper introduced by Whitcom Jusdon
30
1968
The song “Hey Jude” by John Lennon and Paul McCartney patented
31
1897
Thomas Edison patent a kinetographic camera

Cool Stuff for Kids

by Joe Bourland
  • Kids will love this.  Learn how to cook for kids!
http://www.youngchefsacademy.com/stores/store_page.php?franchise_id=236&page=specialevents
  • Tuesday nights 4-7 kids eat free at Cold Stone (various locations).
  • Wildflower Bread Wed 3:30-4 A craft time for children. Free milk and cookies served.
  • Litchfield Library Second and fourth Monday at 3:45, Watch a G- or PG-rated film.
  • same place Monday at 7-7:30 Pajama story time
  • Kids science classes http://www.west.asu.edu/dins/scienceworkshops/index.html
    • I emailed to see if more are being offered
  • Barnes and Noble - story time tuesdays and Saturdays 11:00
  • Ikea- Craft for Kids- First Saturday and third Sunday of each month. 11-1:00

Questions for Joe

by Joe Bourland
1)   It's been 20 years since I was in Phoenix. Are suburban homes in the $500K range availalbe. How old are they?

            There are plenty of homes available in the $500,000 range.  If you haven’t been to Phoenix in 20 years what you would have thought of as the outskirts of town has plenty of hustle and bustle.  I suggest contacting an agent, Joe Bourland and let me know what it is you are searching for in a home.  Local understanding will be a great help to you.



2) Is the Phoenix area considered a buyer's or seller's market?

            As a whole the Phoenix area is currently considered a buyer’s market.  The problem with that statement, though, is no one buys a market.  Meaning each home is seen on it’s individual merits and position within it’s local comparisons.  Some areas in Phoenix are seeing increases in values while most are heading in the opposite direction.


 
3)  What are the basic steps to selling a house? 

            The basic steps to selling a home are simple: decide you want to sell, find a buyer, agree to terms, sign some papers, move out.  The reality is that each of these steps have numerous steps in order to actually complete a sales transaction.  I have been involved in over a thousand transactions and no two are alike.



4) Do you think that Real Estate discounters are affecting the Real Estate market?

            Statistically, discount brokerage firms deal in a very small percentage of real estate transactions.  Real estate brokerages operate under a few different business models one being that of a low, sometimes upfront, fee.  As a former manager of a nationally ranked full service office, I know what it is like to balance a real estate office budget.  There is typically not a lot left over money piled around.  As for discounting, in order to sustain a profitable office brokers will either have to sell more homes which strains there resources or spending less on advertising, staff, etc to keep the doors open.  No one wants to do the job for free.


 
5) Can I purchase a decent home for around $500,000 and where?

            Beauty is in the eye of the beholder.  What might be decent for you might not be decent for Steve Nash.  As the Valley median home price is around $255,000, doubling that price should find most people decent comfort. 

6)  Why shouldn't a buyer use a discount buyers agent?

 

            More often than not, discount buyer agents are newer agents with less experience.  Not only are they less likely to understand the nuances of the real estate contract but are also less likely to know community information, have honed negotiating skills or be able to analysis a property.  Will discount brokers have a counseling session to find out more about what your wants and needs really are?  Then did they actually find properties that fit those desires saving you time and expense?  Are they aware what a Superfund site or fissure is and if the house you are looking at sits over one?  Could you have gotten the house for less money had the agent negotiated better on your behalf?  Did they recommend a quality inspector to find out the real pros and cons on the properties condition?  Were they available quickly or were they working there real job during the day?  Just like buying anything from a discount store after you get home you realize why quality costs more.


 
7) Why shouldn't a seller use a discount sellers agent?


            All real estate agents are not the same.  It has been a stereotype quality real estate agents have been stuck with for years.  A perception from the public is that an agent after taking a listing will do the three P’s: Put it in the MLS, Place a sign in the ground and Pray it sells.  In today’s fast paced world of expectations that just doesn’t work.  Buyer’s are more suffisticated then ever before and sauve agents have adapted to their needs.  Accurate information on pricing, neighborhood and city trends, proper staging, quality imaging are a few of the major points that full service quality agents use to differentiate themselves.

 As a former branch manager of a national top 10 Century 21 office and top agent at a Re/Max office, I know the behind the scenes efforts that go into getting a home sold.  Most real estate companies run on a very tight budget including heavy advertising to help sellers and gain clients.  Discount brokers just can’t compete with full service in regards to advertising dollars spent.  Also, full service agents are some of the most educated agents in the business.  Designations are extremely important as to an agent’s level of commitment to their chosen carrier.  I personally have invested thousands of dollars into additional education in real estate traveling from California to Washington to New York in a constant drive to stay on the cutting edge of real estate.    Who do you think would be more qualified to represent a seller?

What Happened in July?

by Joe Bourland
July Happenings
 
Day   Year                            Event
1
1903
First Tour-de-France began
2
1867
First U.S. elevated railroad began in NYC
3
1863
Battle of Gettysburg ended
4
 
Happy 4th of July
5
1954
Elvis made first recording – “That’s Alright”/”Blue Moon of Kentucky”
6
1946
President George W. Bush’s birthday
7
1863
First U.S. military draft
8
1746
First American passport issued
9
1872
Doughnut cutter patented
10
1890
Wyoming became 44th state
11
1789
U.S. Marine Corps created
12
1859
Paper bag manufacturing machine patented
13
1969
Apollo 11 mission to moon was launched
14
1913
Gerald ford’s birthday
15
1869
Oleo margarine invented
16
1930
First World cup began in Uruguay
17
1775
First military hospital approved
18
1994
Crayola introduced scented crayons
19
1985
Christa McAuliffe chosen as 1st school teacher to fly the space shuttle
20
1976
U.S. Viking 1 landed on Mars
21
1636
National Women’s Hall of fame founded
22
1948
Author S.E. Hinton’s birthday
23
1829
Typograper patented
24
1911
Machu Picchu discovered
25
1946
First bikini shown at Paris fashion show
26
1908
FBI created
27
1953
Armistice signed ending Korean Conflict
28
1891
Hamburger created
29
1938
Dennis the Menace comic strip first appeared
30
1898
Cornflakes invented
31
1965
Author J.K. Rowlings birthday

What Happened in June?

by Joe Bourland
                                  June Happenings
 
Day   Year                            Event
1
1938
Superman comic strip launched
2
1924
Congress granted U.S. citizenship to all Native Americans
3
1851
First basketball uniform worn in game
4
1917
First Pulitzer Prize awarded: Journalism – 1, Letters & Drama -2
5
1917
10 million men began to register for military draft
6
1933
First drive-in opened in Camden NJ featuring “Wife Beware”
7
1912
U.S. Army tested 1st machine gun mounted to an airplane
8
1867
Frank Lloyd Wright birthday
9
1931
First showing of Donald duck cartoon
10
1682
First tornado ever recorded
11
1982
E.T. premiered
12
1939
National Baseball Hall of Fame opened
13
1966
Supreme Court ruled on Miranda Rights
14
1777
Stars & Strips adopted as official flag
15
1667
First human blood transfusion
16
1887
First commercial roller coaster opened on Coney Island
17
1775
Battle of Bunker Hill
18
1812
Was of 1812
19
1862
Congress abolished slavery in U.S. Territories
20
1819
First steamship crossed Atlantic 320 ton “Savannah”
21
1975
Jaws opened in theaters
22
1870
U.S. Justice created
23
1938
First aquarium opened
24
1947
First UFO sighted
25
1876
Custer’s Last Stand
26
1819
Bicycle patented
27
1922
Newberry Medal first awarded:  Distinguished American Children's book
28
1874
Labor Day became Federal holiday
29
1891
National Forest Service established
30
1936
“Gone With the Wind” published

HOA Fees in Goodyear

by Joe Bourland
Goodyear has only a few communities with no HOA so it is very likely that you will run into them. The least expensive HOA I know of is a small portion of Palm Valley at about $130 a year. A standard subdivision home will run about $120 a quarter. Other areas in Palm Valley, Estrella Mountain Ranch (now know simply as Estrella) and the adult community Pebblecreek start at about $70 a month but include recreational facilities.

Considering a Short Sale?

by Joe Bourland

During a short sale, the seller’s lender(s) accepts a discounted payoff to release the existing mortgage, i.e. the home sales for less then what is owed. In a short sale the lender has the right of refusal on any offer, even if the seller accepts.

These attempts at selling are typically difficult to complete and often overlooked by buyers. The uncertainity and length of time for most buyers does not fit there needs. Consider it a half court shot with the clock expiring.

In my experience in today's short sales, banks are taking 3-5 weeks to return a response to an offer. This is just to determine the contract price. After that, the typical closing process will take around 30 days with a new loan.

MARKET OPINION, By Joe Bourland

by Joe Bourland
Market Opinion-
 
Much ink has been printed about the Valley and nations real estate market. It is true the market has changed from the peak a year ago. Homes that might have been gobbled up quickly in the frenzy of 2005 may never get one look in the market of today. 
 
But is it a bad market? Depends.
 
If you purchased your home over 3 years ago and haven’t refinanced, the market is about normal. In fact, you will have an above average return on your investment than the typical 5-8% as would have been expected in years past.
 
If owners that bought in the last two years are struggling to make ends meet, today’s market creates some issues. The market is in a correcting or adjusting cycles. Adjusting from the huge appreciation gains during the boom. When faced in this situation most owners don’t know their options. These can be tricky deals so talk to me before it’s too late.
 
If you are buying a home, now is a great time to buy. Interest rates are still at historical lows increasing buying power, high inventory of homes gives lots of options to choose from and sellers are typically very accommodating to unique situations. If interest rates increase just 1%, your buying power drops 10%.
 

What You Can Do To Stop Foreclosure of Your Real Estate

by Joe Bourland
 
You have received a notice of foreclosure on your real estate. It may seem hopeless, but the last thing you should do is give up. Many people encounter life-altering events that interfere with their ability to pay their debts. Usually the last payment to be late is the mortgage, but it happens. Too many late mortgage payments mean a possible foreclosure.
 
First and foremost, lenders do not want to foreclose on your real estate. They are not in the real estate business and are willing to work with homeowners. If you have not been able to reach a solution with your lender or you have ignored the lender's letters and phone calls, then foreclosure is their only option.
 
Since commercial lenders usually include the clause, which grants them the right of non-judicial foreclosure, the mortgage contract you signed automatically gives them the power to seize your real estate in order to recoup their losses.
 
With the non-judicial foreclosure (trustees sale), you have 90 days to redeem your real estate before it is sold. After the 90 period, your real estate is auctioned off immediately to the highest bidder.
 
Under the judicial foreclosure, you may seek a deficiency judgment to recoup some of your losses on the seizure and sale of your real estate. Under some circumstances, you have up to one year to redeem your property. Under the non-judicial foreclosure, you have no rights of redemption nor can you seek a deficiency judgment.
 
So, your best bet is to do something before your real estate is seized and sold. Here are some ideas:
 
1. Speak to a HUD-approved counselor, especially if you have not kept in contact with your lender or you wish information before contacting them again. A counselor can help you determine what options may be available to you, as well as help you negotiate with your lender to work out a repayment program. To find a counseling agency in your area, call HUD at 1-800-569-4287.
 
2. A reinstatement may be possible, if you can promise to pay a lump sum to bring your payments current by a specific date.
 
3. Forbearance allows you to delay payments on your real estate for a short period, but you must be able to bring the payments current again by a specific date. Reinstatement generally is
used in combination with forbearance.
 

Displaying blog entries 31-40 of 46

Contact Information

Photo of Joe Bourland, PC Real Estate
Joe Bourland, PC
RE/MAX Professionals
10320 W. McDowell Road, Suite B2005
Avondale AZ 85392
623-322-8588
Fax: 623-505-4222

What are you waiting for? Call Joe today 623-322-8588