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Do You Want to Become a Landlord?

By Vallee Gold Team | Published: April 30, 2012

Making the decision to buy rental property and becoming a landlord is very appealing in this market. With record low home prices and record low interest rates the purchase of rental property seems very appealing. However, If this is the first time you will be purchasing a rental property you must get over the hurdle of obtaining mortgage financing in a tight credit environment. This can be difficult for the first time investor who does not have decent credit and … Continue reading Do You Want to Become a Landlord?

Posted in Buyers, Finance, Home Buyers, Park City Investment Property, RE/MAX Excalibur Realty, Real estate investor, Tucson Home Buyers, Tucson, Arizona Real Estate | Comments closed

How Much is My Home Worth?

By Vallee Gold Team | Published: April 27, 2012

Everyone has heard about the housing crisis. However, it may not affect you personally until you try to sell your home or refinance. The lender will insist that you get an appraisal on your home. The low appraisal value that comes in for your home may be an eye-opener for many homeowners. Almost every housing market in the Nation has been affected by unprecedented numbers of foreclosures which drove down home prices and values across the board. Your home was … Continue reading How Much is My Home Worth?

Posted in Housing Market, Sellers | Comments closed

It’s Spring and It’s The Best Time to Sell Your Home

By Vallee Gold Team | Published: April 24, 2012

It’s Spring and It’s The Best Time to Sell Your Home. The spring selling season is here and the market has finally turned in favor of sellers. Buyers are gearing up to find the perfect home. It’s well known in the real estate industry that, if you plan to sell a home, the spring season is the best time to do it. Buyers come out in droves and the market bares more rewards for those sellers who are ready. Here … Continue reading It’s Spring and It’s The Best Time to Sell Your Home

Posted in RE/MAX Excalibur Realty, Sellers, Tucson, Arizona Real Estate | Comments closed

The Housing Market in Tucson Has Turned!

By Vallee Gold Team | Published: April 19, 2012

The market in Tucson has turned! We have been waiting over 6 years to say this, but the data and trends point to a recent shift in the market. Inventory is down, sales are up – resulting in only 4.1 months of inventory. Even pricing is showing some early positive signs, with median price increasing to $133,500 in March. We are watching closely for any emerging trends across other local markets in southern Arizona, including the Green Valley and Sierra … Continue reading The Housing Market in Tucson Has Turned!

Posted in Housing Market, Market Update, Sellers, Tucson, Arizona Real Estate, Vallee Gold Team | Comments closed

RE/MAX Reports March home prices up 5.8% from last year

By Vallee Gold Team | Published: April 18, 2012

Home prices in the 53 largest cities increased 5.8% in March from the same month last year, according to a report from real estate association RE/MAX. The homes sold in March had a median sales price of $184,525. It was the second-straight month prices rose higher than the year-ago period. Before February, home prices landed below year-ago levels for 18 consecutive months. But home sales steadily picked up over the last nine months. In March, home sales climbed 1.5% from … Continue reading RE/MAX Reports March home prices up 5.8% from last year

Posted in Housing Market, Market Update, RE/MAX | Comments closed

Regular Home Maintenance Pays Off When Selling Your Home

By Vallee Gold Team | Published: April 17, 2012

Regular Home Maintenance is Key to Preserving the Value of Your House If you think home maintenance is an unavoidable series of weekend-eating chores, remember the age-old advice of Benjamin Franklin: “An ounce of prevention is worth a pound of cure.” The fact is, proactive maintenance is essential to preserving the value of your home—without it, your home could lose 10% of its value. Regular home maintenance enhances curb appeal, ensures safety, and prevents neglected upkeep from turning into costly … Continue reading Regular Home Maintenance Pays Off When Selling Your Home

Posted in home maintenance, Sellers | Comments closed

How Will You Spend Your Tax Refund?

By Vallee Gold Team | Published: April 13, 2012

You may be one of the typical U.S. taxpayer who will receive roughly $3,000 in federal income tax refunds this year. This averages out to $250/month. So, what how do you plan to spend an extra $250 monthly? Or maybe you won’t be spending your refund. Watch this video from NBC for some solid advice on what to do with you refund. Whether you’ve already filed your annual taxes for 2011, filed an extension, or will squeak by on the deadline, … Continue reading How Will You Spend Your Tax Refund?

Posted in Taxes | Comments closed

Bank Of America Shortens Decision Times on Short Sale Offers

By Vallee Gold Team | Published: April 12, 2012

Beginning Saturday, April 14 Bank of America will be ready to approve short sales in 20 days. Bank of America announced it’s making changes to its short-sale procedures that will shorten decision times on short sale offers to 20 days, down from 45 days or longer. The move could spare delinquent homeowners from months of limbo while the bank considers offers from buyers. No longer will the buyer have to wait up to 6 months for the Bank to approve … Continue reading Bank Of America Shortens Decision Times on Short Sale Offers

Posted in Certified Distressed Property Experts, CDPE, Distressed, Tucson, Arizona Short Sales, Vallee Gold Team | Comments closed

Tips on How to Bid on a Short-Sale

By Vallee Gold Team | Published: April 11, 2012

A knowledgeable Buyer can pick up a great home at a favorable price by preparing for a real estate short sale. When a seller needs to sell their home for less than they owe on their mortgage, they’re shooting for a short sale. Short sale homes can sometimes be bargains, but only if you do your homework, stay patient, and remain unemotional during the sometimes lengthy and difficult short sale process. Here are some great tips for protecting yourself emotionally … Continue reading Tips on How to Bid on a Short-Sale

Posted in Buyers, Certified Distressed Property Experts, CDPE, Distressed, Home Buyers, Tucson Home Buyers, Tucson, Arizona Short Sales | Comments closed

Is Your Real Estate Agent Working For Only You?

By Vallee Gold Team | Published: April 10, 2012

The type of representation you choose as a buyer or seller should be a choice that meets your needs in the real estate transaction. You want to be sure your best interests are the priority when choosing a real estate professional. The relationship you enter into with a real estate professional is known as an Agency Relationship. The relationship is designed to protect you when you buy or sell a home. There are several types of representation in a real … Continue reading Is Your Real Estate Agent Working For Only You?

Posted in Buyers, Home Buyers, Sellers, Tucson Home Buyers | Comments closed