Jim Little | Ken Meade Realty | 623-521-6768 17445 N. 105th Ave, Sun City, AZ Recently renovated condo. If Del Webb built it today, this is how it would look. Close to shopping, recreation, Cactus League and professional sports 2BR/1BA Condo offered at $85,000 Year Built 1974 Sq Footage 1,374 Bedrooms 2 Bathrooms 1 full, 0 partial Floors 1 Parking 1 Car garage Lot Size Unspecified HOA/Maint $152 per month DESCRIPTION BEAUTIFUL VACATION APARTMENT, UP TO DATE AND MODERN DECOR.MODERN KITCHEN WITH GRANITE COUNTERS.END UNIT WITH A PARK LIKE PRIVATE PATIO, THIS IS TRULY MOVE-IN READY. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - High/Vaulted ceiling - Walk-in closet - Tile floor - Living room - Breakfast nook - Dishwasher - Refrigerator - Stove/Oven - Microwave - Granite countertop - Laundry area – garage - Balcony, Deck, or Patio OTHER SPECIAL FEATURES - Close to Cardinals and Coyotes arenas ADDITIONAL PHOTOS Front Courtyard Kitchen Spacious Living Room Bathroom Patio Contact info: Jim Little Ken Meade Realty 623-521-6768 For sale by agent/broker Equal Opportunity Housing Posted: Mar 20, 2010, 5:43pm PDT

Jim Little, your Sun City Neighborhood REALTOR© I try a “Little” harder

Today is the opening day for the Cactus League spring training season.

Winter visitors and full time residents alike love this time of year. They can preview the coming baseball season, get to watch in an intimate ball park, either in bleachers like the good old days, or lounge in grassy areas surrounding the field.

The west valley has several Cactus League parks. The nearest is the Peoria Sports Complex, springtime home of the Padres and Mariners. Surprise Stadium is home to the Royals and the Rangers. Camelback Ranch in Glendale hosts the White Sox and the Dodgers. Goodyear Ballpark has the Indians and the Reds. All of these parks are just a short drive from Sun City AZ.

The booklet includes things to consider before doing a short sale, how to avoid mortgage scams, HUD counselling, helpline services, other options to a short sale, and much, much more.

You can read it or download it here. You will need Adobe Reader or equivalent for this document.

DISCLOSURE: The material discussed here applies in the State of Arizona. Other states have other rules.

Jim Little, your Sun City Neighborhood REALTOR© I try a “Little” harder

Read it Here. 

Jim Little, your Sun City Neighborhood REALTOR© I try a “Little” harder

2009 Table

Jim Little, your Sun City Neighborhood REALTOR© I try a “Little” harder

Sun City is Arizona’s premier adult community. It is celebrating its 50th year in 2010. In spite of being 50 years old, Sun City, like its residents, remains a very vital and lively place.

The nature of our residents means the homes for sale in Sun City are usually well cared for and often updated to today’s standards of amenities and style.

Price’s range from $40K to $450K depending upon style, size, location and home features.

If a home in one of Arizona’s adult community is for you, call or email me, I’ll be glad to help you.

Technology is changing so fast that subject matter a college student learns as a freshman is OUTDATED by the time he is a junior.

Does this apply to real estate? You bet.

We no longer rely on the daily newspaper to market our listings, we MUST use the tech tools of WEB 2.0 and mobile technology. A home seller should now ask an agent to PROVE their tech marketing capabilities BEFORE signing a listing agreement. Why would you want to lock yourself into a long-term contract with someone who can’t keep up with the times and adequately market your home?

Buyers should seek the same competence in the agent they choose to represent them. In the fast pace of today’s market an agent who thinks the fax is high tech will put the buyers at an extreme disadvantage, and if seeking an REO property, their offer may not be considered, or will fail because another got to the seller faster and more legible.

Buyers and sellers  should consider how much time a professional agent MUST spend each week keeping up with ALL factors that affect the real estate transaction.

It is not just technology, but financing terms, Treasury rules, short sale procedures all have changed in the last week alone. This is NOT a part-time job, but a career commitment. If your in-law, best friend, next door neighbor etc doesn’t have that commitment, should you commit your real estate future to them?

Jim Little, Your Sun City Neighborhood REALTOR®

* * * *  HARD CORE REAL ESTATE TALK  AHEAD* * * *

No day goes by that I don’t see real estate agents advertise something like, “I can short sell your home at no cost to you”. This leads many distressed sellers who are upside down on their home, or who have suffered some catastrophic financial setback to believe that they can be relieved of their mortgage obligation with no cash to the deal.

Both of these are dangerous assumptions. Nobody can make the claim there will be no cost to you before a complete pre-short sale package of forms has been prepared, and the lender has made a committment. When an agent makes these claims without several hours of discussions with you and your lender, be careful, it is a careless claim at best.

In addition, since Arizona is an anti-deficiency state, sellers are lead to  believe they will have no further responibility when the lender takes a loss on the short sale. Borrowers are protected under the anti-deficiency statute ONLY under very specific conditions. The indebtedness must be for PURCHASE MONEY loans, for an OWNER OCCUPIED home of 1-4 units. Home Equity Lines of Credit do not normally qualify. Cash out refinances do not normally qualify either, unless the borrower can PROVE the funds were used to improve the property. Other restrictions also may apply.

If an agent tells you they will NEGOTIATE WITH THE LENDER, run, don’t walk away. Agents claiming to do this run the risk of prosecution for practicing law if they don’t belong to the state Bar Association. You, the SELLER, negotiate with the lender. Your agent helps you negotiate with the buyer, and helps manage and communicate the transaction, but cannot negotiate with the Lender.

More later, as this is a complex subject and cannot be explained in a brief post.

Jim Little, your Sun City Neighborhood REALTOR© I try a “Little” harder

Likewise, how nice to be able to interact with a client in real time from miles away. It could save days of windshield time with buyers, and be great when representing absentee sellers at inspection time also.

If this sounds like a hint for an invite, YES! If you have one to spare, I would appreciate it.

Jim Little, Your Sun City Neighborhood REALTOR®

Jim Little, your Sun City Neighborhood REALTOR© I try a “Little” harder

1. Active Listings as of 10/1/09  689
2. Average List Price $135,500
3. 79 homes sold
4. Absorption Rate 9 months
5. Number of Single Family Homes for Sale 357
6. Number of Condos for Sale 332
7. Average Days on the Market 135

The Sales prices ranged from $46,900 to $470,000 with an average of $125,484. This represents an average price per square foot of $81.98.

The Year to Date Sales Are:

1. Total Number of Homes Sold 1/1/09-10/1/09 799
2. Number of Single Family Homes Sold 1/1/09-10/1/09 457
3. List Price/Sold Price  of Single Family Homes $148,913/$138,454
4. Number of Condo Style Homes Sold 1/1/09-10/1/09 342
5. List Price/Sold Price of Condo Style Homes $102,448/$98,718

Overall, we have survive the summer relatively well. Buyers are now showing up at open houses. This is the beginning of our winter season and the outlook is generally hopeful.

Jim Little, your Sun City Neighborhood REALTOR