Talking Shop: What Should Sellers Look For When Listing A Short Sale

I sat down with Tempe realtor and fellow video blogger Dean Ouellette to talk shop and chat about what's going on with short sales in the Phoenix real estate market. In part 1 of our 2-part discussion, we discuss what to look for when choosing a listing agent for a short sale, whether or not it's a good idea for your agent to use a 3rd party negotiator, and how the short sale climate has changed over the last year.  In case you are wondering where we are, it's my favorite muscle car hangout, Steel Dreamz. This is new format and we are hoping to do this on a weekly basis...what do you think? I'd love to hear your comments... … [Read more...]

Hey Banks! Wake Up! Loan Mods Aren’t Working…

After watching a couple of news snippets on MSNBC that reported on loan modifications, I was amazed at the huge divide between bankers and policy makers, and the reality from the consumers' viewpoint. Check out the interviews and let me know what you think.... *Michael Barr, US Treasury; *John Courson, CEO of the Mortgage Bankers Association; *Jean Chatzky - and Barbara Corcoran - *Jason Tucker - … [Read more...]

How Much Will It Cost Me To Do A Short Sale?

When you sell your home in a short sale, how much does it actually cost the Seller? Just like a lot of things in real estate, the answer depends on your situation. That's why it is always advised to seek legal and financial counsel when considering a short sale. Contact me at or 480-282-7464 … [Read more...]

Steel Dreamz – The Ultimate Man Cave

Scott Cawley, a friend of mine, has opened his new shop, the Steel Dreamz showroom, at Arizona Ave and Elliot. You have got to see it to believe it! Classic muscle cars, eclectic and nostalgic artifacts and one gigantic TV screen. It's the ultimate hang-out to talk shop... Here's an interview with Scott as he prepares to auction some cars at the Barrett-Jackson and Russo & Steele shows this week. Thanks to Jay Thompson, Thompson's Realty for providing the photos. You can visit Steel Dreamz at 260 E Comstock, Chandler AZ, just south of Arizona Ave and Elliot. … [Read more...]

Real People – Real Predictions for the 2010 Real Estate Market

Sure, we have all heard the gloom and doom on the Evening News, but what do real people predict will happen in the real estate market this year? Hear these folks from all walks of life talk about what they expect in 2010. What are you predicting this year? … [Read more...]

The Mortgage Meltdown Played Out in the Theatre of the Absurd**

Have you noticed the eerie similarity between the current housing market and the recent activities by NBC regarding the Tonight Show? Watching this story play out might be a good way to predict what the future holds for the real estate market! **What is the Theatre of the Absurd? … [Read more...]

Finding a Home After Foreclosure or Short Sale

More folks are finding themselves writing rent checks instead of mortgage checks - something they probably thought they would never do again. Here are some tips to help ease the stress of looking for a new home after a short sale or foreclosure. To understand your rights as a tenant, check out the Arizona Landlord Tenant Act … [Read more...]

Selling Real Estate on…What?

I was surprised to see real estate listed for sale on proof that much about buying and selling real estate is misunderstood. … [Read more...]

Hey Bank! Take My House, Please!

A follow-up to a post by Dean Ouellette at and a chat with a friend of mine who is contemplating a Strategic Default on her home. Is this a sign of things to come in 2010? Seems that way if the issue of negative equity is not addressed by banks. … [Read more...]

Dartboard Predictions and the Art of Statistics

With the New Year underway, I am amazed at the flood of experts predicting a variety of outcomes for the Phoenix real estate market in 2010. Only one thing is perfectly clear...anything is possible! … [Read more...]