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Jerry Germansen

Real Estate Report of 2011 and Forecast for 2012

by on January 12, 2012 in Buyers, Featured Blogs, Foreclosures, Market Reports, Sellers Comments { 0 }

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

Seller Financing Sells Homes faster

by on April 25, 2011 in Featured Blogs, Retiring in Prescott, Sellers Comments { 0 }

Seller Financing is moving properties quickly and at top dollar. The cost of obtaining financing from the banks is over $4,000 for just a $120,000 mortgage loan. It is driving buyers away. Self-employed buyers are not getting loans at all. Forget getting a loan for land or a second home. They are just about not [...] Read more

Jerry Germansen

Shared Wells…The Positive and Negative

by on November 30, 2010 in Buyers, Green Living, Sellers Comments { 0 }

Weather there is 1 straw in the ground or 5 straws in the ground, the same aquifer is being used for drawing all the water. There is not a lot of difference having more than one household on a well. Read more

Jerry Germansen

FEMA Flood Maps Changing. Are you covered?

by on November 17, 2010 in Buyers, Featured Blogs, Prescott Country Club, Sellers Comments { 0 }

A recent change in the FEMA Flood Maps for our area has prompted me to write about the impact that flood zones can have on buyers, sellers, and the cost of living. Flood insurance requirements of mortgage companies are a moving target. As FEMA reevaluates an area every 5 years your mortgage company may look [...] Read more

Jerry Germansen

Home Buyer Checklist

by on November 7, 2010 in Buyers, Sellers Comments { 0 }

Buyer Needs Checklist to take along when viewing homes. Print friendly version Rate each property from 1 to 5 Date:                      Property 1     Property 2     Property 3     Property 4     Property 5        Property 6 Location __________________________________________________________________ Floor Plan __________________________________________________________________ Amenities Read more

Jennie Shook

Prescott Alternatives to Foreclosures

by on October 10, 2010 in Foreclosures, General, Sellers Comments { 0 }

What are options for Prescott and the quad city area (Dewey, Prescott Valley, Chino Valley and Mayer) homeowners to help stop a foreclosure from happening to thier home? The answer is unique to each individual. Loan Modifications may be available if you qualify. You should speak to your mortgage company to see what they have [...] Read more

Jerry Germansen

Private lending sells homes

by on July 9, 2010 in Featured, Featured Blogs, Sellers Comments { 0 }

Golden Rule “He who has the gold rules” What are you earning on the money you have in the bank? Not much? Here is a solution: If you are selling property and will take your money and put it in the bank just change your strategy. Buyers are having a difficult time securing financing today. [...] Read more

C'Ann Simpson

Arizona adds Short Sale Advisory

by on March 1, 2010 in Featured Blogs, Sellers Comments { 0 }

The Arizona Department of Real Estate is endorsing a new Short Sale Seller’s Advisory prepared by the REALTORS of the State. For a copy click Short Sale Seller’s Advisory where you will find multiple links and great advice for anyone who is looking to sell for less than they owe the bank on their mortgage [...] Read more

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