February Udates From Kent Gagon

BANK OWNED HOMES ARE SELLING VERY FAST!
Search the Arizona MLS for thousands of DISCOUNTED BANK OWNED homes on my website at www.allarizonarealestate.com. Take advantage of low interest rate financing combined with the slashed prices of these homes to find THE PERFECT HOME FOR YOU! Contact me direct for more information and to start your search today. Pre-qualify for a loan today and start looking for your home tomorrow, plus we will give you 2 free movie passes to Harkins Theaters just for pre-qualifying.*
Search the Ahwatukee MLS by following or copying this link and pasting it into your browser now. http://kentgagon.az-re.com/filterarmlsresi_115940.cfm
Do you want to be notified of bank owned discounted homes before they even hit the market? Register on my website at www.allarizonarealestate.com and you will be notified as we get the listings direct from the banks we are currently working with.
Ahwatukee area statistics updated 2/9/09 show there are 691 homes currently for sale (not including FSBO or realtor exclusives) with an average listing price of $435,065. The average days on market is currently showing 152. For more details and a NO OBLIGATION FREE market analysis on your specific home or neighborhood contact me directly today. If you would like detailed information from previous months contact me through my website at www.allarizonarealestate.com
There are currently 89 sales pending the average list price of pending sales is $337,509. The average days on market for homes in the sale pending category are showing 125.
69 homes closed escrow in January, The average closed sales price was $284,569. These homes had an average of 130 days on the market.
Buyers! I GUARANTEE to negotiate a minimum of $5000 off the asking price of any home you choose when you buy with me, or I will pay $1000 of your closing costs at close of escrow! Contact me for more details. Visit www.allarizonarealestate.com for more details or call me direct now at 602-980 5368
If you are considering selling your home, and demand the highest level of service available, with no risk and guaranteed results, there has not been a better time in years. I have a flexible fee structure, and one of most visible websites on the major search engines, along with access to over 40 million viewers both online and offline through national TV, and print advertising. Your home will be exposed to thousands of prospective buyers each month. If you are considering hiring an agent to list your home that does not have high web exposure, think again 98% of all home buyers start their home search on the web.
Check out my featured listings in Ahwatukee on my website www.allarizonarealestate.com.
If you are considering buying, hire a realtor to assist you, remember it does not cost anything to be represented by an experienced and knowledgeable Realtor when you are buying a new or resale home. Contact me for more information at http://www.allarizonarealestate.com
A note to licensed agents...I gladly pay agent to agent referral fees up to 30%. Call me for more details.*Restrictions apply to the sale guarantee and movie ticket offers, call or email me for additional details.

Ahwatukee Real Estate News

FOR IMMEDIATE RELEASE:

Contact:
Kent Gagon, Realtor
West USA Realty
4505 E Chandler Blvd Suite #200
Phoenix, AZ 85048
602-980-5368
http://www.allarizonarealestate.com


East Valley Realtor Kent Gagon announces plan to sponsor Limo tours of
bank owned, foreclosed homes.

Tempe, AZ - March 3, 2008 -- The date is quickly approaching for the
first prestigious Limo tour of foreclosed and bank owned homes in
Ahwatukee, Tempe, Chandler, Scottsdale, and Gilbert. South East Valley
Real Estate agent Kent Gagon, with West USA Realty is sponsoring the
event for qualified buyers and investors interested in purchasing these
types of homes.

"We will be scheduling multiple tours for each of the above cities. The
first tour will be held Friday, March 21 starting at 11am. We will tour
homes priced between $160,000 and $400,000 through Tempe and Ahwatukee.
We anticipate spending between 4 to 5 hours viewing 20 to 30 of the
homes that are bank/lender owned foreclosures during this first tour. We
will spend approximately 10 minutes in each home to keep the tour moving
quickly and smoothly."  Comments Kent Gagon

These tours are open to 16 people as each of the limos hold 8
comfortably. The first tour is free to the first 16 people!

"The number of homes that have sale pending status has jumped
dramatically in recent months. We want buyers to know that it is time to
get out and start looking again, make offers, and get into your new home
before you miss out on some of the incredible deals in the market. This
is a terrific way to do just that. While some agents have done this in
the past using buses, we want to take it a step further and go in a
little more style and class.  Plus having just 16 people instead of a
large bus will allow us to answer questions and offer a more
personalized experienced," states Gagon.

To qualify for and attend the complementary tour interested buyers; not
currently working with a Realtor, must speak with one of Kent's lenders
by March 17th. Once qualified, buyers will be scheduled and prepared for
the tour. Detailed information on each property including down payment
and financing scenarios will be provided for all participants.
Additionally, complementary one-on-one consultations will be scheduled
for a comprehensive market evaluation for buyers to make an offer on the
homes they are interested in with negotiations for the best possible
deal.

Kent has been a Realtor in the East Valley for 10 years, he has been
publicly featured in Continental Airlines In-flight Magazine,
interviewed about the real estate market by both the Arizona Republic
and The Arizona state press, and he is currently working with HGTV and
HighNoon entertainment filming a real estate related reality television
show that will air in the fall of 2008. Kent offers both buyer and
seller services throughout the Phoenix metropolitan area. "This is just
another service that we want to put out there" says Kent, "It is a
specialty service that not all real estate agents can or will provide
and it sets us apart."

For more information call Kent at 602-980-5368 or visit his website
www.allarizonarealestate.com.

Ahwatukee Real Estate Market Shows Signs of Life Again!

The Real Estate Market is showing signs of life again! The number of homes that have gone pending sale has jumped almost double in the last 45-60 days. Where we once had between 3000-3500 sales pending per month this month we have just over 6000 as of 2/24. This could be a sign that the market is starting its slow turn around or at least that we have hit the so called "bottom" of the price curve. Whatever it is, there are more buyers making offers and getting them accepted now than before. If you have been waiting to buy don't wait much longer, the curve may pass you buy. Call me for more details. Call me for more details 602-980-5368 or visit my website at www.allarizonarealestate.com.

Video Real Estate Newsletter

I am posting a link to my video real estate newsletter. For additional information on the Ahwatukee real estate market, and homes for sale please visit my website www.allarizonarealestate.com or contact me directly.

http://realtytimes.com/REUv/KentGagon

Ahwatukee Short Sales and Homes for Sale

I have been getting a lot of inquiries about short sales and questions as to what they are exactly. The basic jist of a short sale is this, the sellers loan or loans total more than what the home would sell for in the current market. There are a number of reasons for this type of situation, perhaps the home owner took out a line of credit to pay off credit cards or cars or just do some home improvements. Or maybe they bought the home when the market was booming and due to recent price declines the value has gone down in thier neighborhood. Regardless of the reason, they owe more than the home is worth at this time.

So What do you do? The only thing to do is call the mortgage lender and ask if they will work with you on a short sale, request a short sale package and list your home with a qualitied Realtor that will assist you in marketing the home and negotiating your short sale on your behalf. My team and I are experienced in negotiating short sales and would be happy to meet with you to discuss your options. Call Kent today for more information 602-980-5368.

It is important to note that many banks and lending institutions will not do anything to help a homeowner in this type of scenario until they are 90 days past due on payments. The only way to find out is call them and ask.

Other questions that typically come up about short sales. Am I liable for the differenece between what I sell the house for? Again this is many times dependent on the lending institution. Some will write off the difference as a total loss and there is no liability to you as the seller, some will not and will require that you sign a promissory note for the difference. Some will give you the option. It is important to get any agreements with the bank in writing either way. We advice all our clients to get professional legal advice from a qualified attorney regarding this.

Anther question that is commonly asked is Will I owe taxes on the difference? Again we suggest and advise all our clients to speek with a certified accountant regarding tax questions. However on December 20, 2007 Congress and the white house signed a bill that will allow owner occupied sellers (not investors) to short sale thier home and have no taxable consequences for any short sale that is completed by December 31, 2009.

An important note to make to home buyers that want to include short sales in thier search for homes. The final acceptance of a purchase contract and the purchase price is subject to the lending institutions approval. This can take weeks to obtain. Be prepared to wait patiently for this approval. Once the approval is obtained you will typically have 30 days to complete your inspections, appraisal and close escrow. You can get a great deal when buying a short sale home, just don't be in a hurry to close.

If you have any other questions about short sales please feel free to call me anytime. Kent at 602-980-5368 with West USA Realty in Phoenix, Tempe, Chandler, Gilbert, Mesa, Scottsdale, Ahwatukee, and other cities throughout Arizona.

New Home Builders in Ahwatukee Offer Big Incentives and Price Protection to attract Buyers

In the consistently changing real estate market of Ahwatukee Arizona, many builders are now offering price protection to buyers. In addition to a the numerous and generous incentives home builders are currently offering, now as a buyer you can get a written guarantee, that if the prices decrease or the incentives increase you will be guaranteed to get that new price or new incentive up to the day you close escrow on your home. If you are looking for a home but don't want to wait the typical 6-8 months that it takes to build a new home many of these builders also have move in ready spec homes that they are willing to discount generously to sell. We have the knowledge and ability to negotiate with these builders on your behalf and the best part of all is we do that at no cost to you as the buyer. The sellers always pay our fees. For more information on New homes or new construction specs homes call me today. Kent Gagon 602-980-5368 or visit my website www.allarizonarealestate.com

Currently filiming for HGTV reality show "My First Place" If you are a first time buyer and would like to have the search for your first home documented, filmed and aired on national television get in touch with me asap. We are currently looking for new castings.