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Jerry Germansen

Closing Escrow in Arizona

Once the contract is accepted by the Buyer and Seller, the contract is submitted by the Buyer’s agent to the escrow company. Escrow handles the title search to see if there are any liens or other recorded documents on the property. Your earnest money check is deposited. This is usually refundable during inspection and until […]... Read more

Jerry Germansen

Renting Your Home and Insurance

With the economy being what it was for the last 6 years, property owners are looking for ways to offset their expenses. Our area has a high percentage of second homes that are not used by the owners every day. It is tempting to rent the house out long term or even for a vacation […]... Read more

Jerry Germansen

Seller Financing Golf Course Townhouse Near Embry Riddle Aeronautical University close to Prescott Airport

Prescott’s Antelope Hills Golf Course is home to this 1676 Sq Ft 2 bedroom townhouse. Located on the fairway with full view of the trees and greenery, this townhouse is home to a newer kitchen and flooring and open plan. There’s even a loft for TV or office space. Light a fire and sit back […]... Read more

Jerry Germansen

Real Estate Report of 2011 and Forecast for 2012

Statistics just released by the ARMLS system (Phoenix Valley MLS system) shows encouraging trends from 2011 and into 2012. The supply of existing homes on the market is at the second lowest level in 11 years.  New listings have dropped by 30,000 units from 2010 The median price is lower than 2010. The number of […]... Read more

Jerry Germansen

Buying a Short Sale Home

Short Sale Timeline A Short Sale occurs when the seller owes more to the bank than they will receive from the sale of the property. The Seller will not receive any funds from the sale. The bank that is the current mortgage holder must approve the sale and on THEIR terms. Our Short Sale Purchase […]... Read more

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