NOTHING IS NEGOTIABLE ANYMORE Banks have developed the policy of non-negotiable terms, such as: Must use the banks title company Must sign multiple offer form in advance even if no other offers Must agree for buyer to turn on utilities if not on Must agree to close in 21 days, or pay $100 per die
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06/18/2011
Val Vista Lakes Homes for Sale Market Report Val Vista Lakes is a highly popular lake community in north central Gilbert AZ and home sales have been good here this year. Currently the statistics are: 29 Active Listings (6 waterfront and 23 non-waterfront) 9 AWC (under
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03/18/2011
SHORT SALE BANK PROBLEMS CONTINUE Short Sales take too long for many reasons, and the California Association of Realtors drafted an open letter and published in newspapers nationwide. Thom Colby, a California Realtor, wrote: The open letter discusses the benefits of doing a short sale rather t
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03/10/2011
Bank Demands Buyer Non-Refundable EM Forfeited to the Bank Et tu, Brute? Well, the banks are now taking a lesson from all the Realtors who have been asking for non-refundable deposits from short sale buyers. One Realtor had the language that if the buyer defaults and the earnest money is forfei
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02/22/2011
Short Sale Seller You may be in violation of RESPA and not know it!!! Is your short sale listing agent asking you to sign a listing agreement that has language similar to this: "Seller instructs listing agent to not present any offer that is incomplete. The listing agent's non-negotiable addend
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02/14/2011
Sign This Short Sale Addendum or I Won't Submit Your Offer to My Seller I'm seeing more and more of these types of short sale addendums in the Gilbert AZ area. The listing agents are writing addendums that are non-negotiable. They add a clause in the sellers listing agreement instructing the agen
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02/14/2011
Val Vista Lakes Restaurant: Thai Chili Today we're going to do a video interview with the restaurant Thai Chili, that is located within the master planned community of Val Vista Lakes. The Val Vista Lakes magazine will feature the restaurant, and they will have a link to the blog. They have to su
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01/20/2011
Brokers Protect Your Home Buyers by Training Agents Properly Broker Bryant made a great post about how to make an offer more acceptable. In it, part of the discussion had to do with agent sloppiness. As we all know, each offer has several documents that must be submitted, depending on whether i
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12/17/2010
Starting My Own Brokerage in Val Vista Lakes Gilbert AZ New Logo: After much deliberation with myself, I finally decided to go solo with my own brokerage. I've been very happy with Remax Homes and Investments, but decided I need to do it on my own, beginning January 1, 2011. The name of the com
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12/05/2010
Val Vista Lakes Market Report Nov 2010 Numbers in the spread sheet below are for Val Vista Lakes, Gilbert AZ, reflecting an increase in sales for 2010 over 2009. 2009 total sales 73 2010 year to date sales 80 Forty-four distressed sales Thirty-six regular sales 30 regular sale
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12/05/2010
