Foreclosures,Short Sales, Bank Owned Properties,SCOTTSDALE, PHOENIX , GLENDALE, ARIZONA REAL ESTATE - Michael Dougherty GRI & Doris Prenninger's High Desert Team


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ATTENTION HOME BUYERS, SELLERS & INVESTORS

for Fine Homes and Land.

Prices are almost 50% lower than at the peak in the Greater Phoenix market and mortgage rates are very good!!

We know where to find values in Short Sales and Bank Owned Foreclosure Properties & negotiate for the right price for you!! Banks list their properties HIGH to market value!

Mortgage rates climb for 3rd week
Mortgage rates rose for the third straight week in Bankrate's weekly survey.
The benchmark 30-year, fixed-rate mortgage jumped 9 basis points, to 5.13 percent, according to the Bankrate.com's national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.42 discount and origination points. One year ago, the mortgage index was 5.43 percent; four weeks ago, it was 5.06 percent.
The benchmark 15-year, fixed-rate mortgage climbed 6 basis points, to 4.53 percent. The benchmark 5/1 adjustable-rate mortgage rose 5 basis points, to 4.6 percent.
Weekly national mortgage survey
Results of Bankrate.com's Dec. 16, 2009, weekly national survey of large lenders and the effect on monthly payments for a $165,000 loan:
30-year fixed 15-year fixed 5-year ARM
This week's rate: 5.13% 4.53% 4.60%
Change from last week: +0.09 +0.06 +0.05
Monthly payment: $898.91 $1,264.77 $845.86
Change from last week: +$9.12 +$5.06 +$4.92

Buyers & Investors for Fine Homes!
Bank Owned, Short Sale Properties or well priced Normal Sales

We can guide you to the best values on Bank Owned properties & negotiate a successful closing! MANY BANK HOMES ARE PRICED HIGH to actual MARKET VALUE. We will show you the true market value and negotiate accordingly with the BANK.
Don't try this yourself because you will pay more than you need to pay!!
We can help you find the best resale values (Homes or Land) by using our system which combines days on market, recent sales, location issues and condition of home. WE KNOW HOW TO GET THE CURRENT MARKET VALUE OF A PROPERTY.
As your representative, we will write a solid contract to protect your interests and refer you to competent Mortgage Sources and Building Inspectors..

Sellers - Loan Modifications or a Short Sale
Don’t let your home go into Foreclosure & don’t agree to give your lender your Deed In-Lieu of Foreclosure!
Both are major “equal hits” to your credit!
Don’t pay money to scammers to do your Loan Modification – I will show you how to do it yourself,
no charge!
If you can no longer afford your home, I will show you the benefits of doing a Short Sale where your Lender takes less than is owed on the mortgage and they will not come after you for their loss! You can then move on without the burden of a mortgage and begin to rebuild.
A Short Sale bruises your credit; it doesn’t destroy it like a Foreclosure or Deed-In Lieu!
You pay nothing - the Lender pays ALL COSTS!
The Obama Housing Rescue Plan now includes up to $1500 to you for a successful short sale.
I close 85% of my Short Sales while most agents only have a 10% success rate.
Call me to discuss all of your options!
Michael Dougherty, GRI, e-Pro,
Certified Negotiation Expert
HomeSmart Fine Homes and Land
Broker/Owner & Short Sale Expert
480-529-7049
Mdougherty8@cox.net
We know how to develop a realistic offer price built on the hard facts of recent solds with days on market along with property history!
Michael is currently serving on the Board of Directors for the Arizona Association of Realtors with over 53,000 Realtors and is the Past President (2008) for the Prescott Area Association of Realtors.

E-mail Michael Dougherty at mdougherty8@cox.net

Looking for real estate in or around Phoenix,Scottsdale, Glendale, Carefree, Cavecreek or Anthem AZ ?
We also serve the Prescott Market!
www.DoughertyHomeSites.com

Call or e-mail us with any questions you may have about buying or selling real estate in beautiful Phoenix/Scottsdale, Arizona.

Mortgage rates climb for 3rd week

Looking for real estate in or around Phoenix,Scottsdale, Glendale, Carefree, Cavecreek or Anthem AZ ?

Call or e-mail us with any questions you may have about buying or selling real estate in beautiful Phoenix/Scottsdale, Arizona.