document.write("<h1>Real Estate Reality</h1><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/09/movie-review-inception.html' target='new'>Movie review: Inception</a></h1><h2>9/6/2010 6:57:00 PM</h2><p>Inception: controversial, grossly misunderstood by many, criticized for its complexity, yet it is my favorite movie of all time. Why? Because of the way it made me feel and how clever the plot was. You actually had to think during this movie, and whenever you have to use mental skills to keep up with a movie and the movie is superinteresting, I am all over it.<br /><br />Let me see if I can simplify the plot: Leonardo DiCaprio/Dom Cobb is a professional extractor. He steals people's thought/ideas from them when they are sleeping. A character in the movie hires him (Ken Watanabe/Saito) to \"incept\" an idea into his competitor's mind. Inception defined is true inspiration, an idea that comes to you from no outside source. The idea Saito wants planted is for his competitor to break up his father's business empire, thereby eliminating the competition.<br /><br />Cobb is hesitant because inception is very difficult to perform, however agrees because he sees it as the only way to get back to his kids (he is accused or murdering his wife and is on the run).<br /><br />The remainder of the movie revolves around Cobb and his team performing inception on Cillian Murphy, who plays Robert Fischer. His team consists of Joseph Gordon-Levitt/Arthur - the wingman, Ellen Page/Ariadne - the primary architect, Tom Hardy/Eames - the forger, and Dileep Rao/Yusif - the chemist/compound creator. <br /><br />Cobb's dead wife Marian Cotillard/Mal keeps sabotaging the plan because she is in all the dreams, because Cobb is there and he has \"projected\" her as real (not going to elaborate here)<br /><br />At the end the idea is successfully implanted in Fischer's mind and it looks like everything is going to be fine for all of the characters, or is it?<br /><br />We are left wondering whether the whole movie is a dream or reality, and based on the ending the director Christopher Nolan has left it up for interpretation.<br /><br />I don't think it's an action movie, a guy's movie, or a thriller - it's a thinking person's movie. Not for the person who just wants to be \"entertained\" but rather one who is open to engaging and formulating different conclusions based on ideas presented throughout the film. <br /><br />Inception can be put in the \"mind-bender\" movie category, along with The Matrix, Memento, Mulholland Dr, and Vanilla Sky. I believe that the kind of people who enjoy this movie are those who are open minded, can articulate their thoughts well, and young spirited. It is a movie you either like or hate, no one really walks out saying \"it was ok\".<br /><br />As a result of my fascination with this movie and the deeper message I see as clear as day, which is you can create your own unique life experience, I have seen the movie 5 times to date. Of course I am frequently teased by friends and family, but that is ok, that tells me that they don't understand the movie the way I do. <br /><br />Take for instance the scene where the team sits around the white board with the phase \"I will break up my father's empire\". Why can't we use that in our daily lives with positive affirmations, thereby bringing into reality exactly what we have envisioned. Unfortunately, many people are unaware or unaccepting of how powerful their mind is, and are therefore not in a position to take advantage of the concepts. Positive in, positive out. And conversely, negative in, negative out!<br /><br />Enough of my soapbox, the movie is 10/10 stars, raising the bar for Hollywood films in an era where shoot em up and laugh at mindless comedy is prevalent. My hat is off to you Christopher Nolan, I cannot wait for your next film sir.<br /><br />For more info, \"like\" the Inception Deception fan page http://facebook.com/inceptiondeception<br /><br />movie website: http://inceptionmovie.com<br />Twitter http://twitter.com/inceptionfilm<br /><br />My info<br />FB http://facebook.com/matthewcoates1<br />TW http://twitter.com/realtormatthew<br />Youtube http://youtube.com/user/mdtscoates<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-417568437419234009?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/09/i-want-to-find-friendlygood.html' target='new'>I Want to Find a \"Friendly/Good Neighborhood\" When I Buy a House</a></h1><h2>9/6/2010 8:03:00 AM</h2><p>As a realtor in Chandler, Arizona the first thing I usually hear from homebuyers is that they want to buy a home in a \"good neighborhood\". When I inquire what that means to them the #1 answer tends to be schools, which I believe to be reflexive in nature, but deep down I know they are also looking for a neighborhood where the area is friendly, where you actually know who your neighbor is and don't cringe when you leave you home to go to work in the morning because you see each other so infrequently and feel bad about not being a better more approachable neighbor yourself.<br /><br />Peter Lovenheim, an author who has written extensively about finding community in the United States gives us perspective on how to find what we are looking for.<br /><br />Contrary to what people think there is actually no correlation to the income level of a neighborhood and its friendliness. And based on my experience there might even be a slightly negative correlation, meaning the better off the neighborhood the less friendly and approachable its people are, at least in Phoenix, AZ. <br /><br />It is truly more difficult to buy in areas that are considered friendly and have closely-knit neighbors. One of the biggest reasons is that people are now busier than ever (wasn't technology supposed to give us MORE free time?), and most families have 2 income earners. Couple that with most adults being gone during the day and people spending more time on the internet and TV than ever, and you can see how this may be a daunting task. If that weren't enough Americans sense more \"stranger danger\" than in previous times,perhaps attributed to the media and all the ways they can now reach their viewers, whether times are actually worse or not.<br /><br />While most people do want to live anonymously, having little contact from neighbors, most do indeed find life more pleasant in an environment where they know and get along with others. There is a fundamental human need to fit in where we dwell and share a common humanity.<br /><br />Here are your pointers:<br /><br /><strong>Visit the area several times a day and on weekends and weekdays</strong><br /><br />Look for patterns of activity. Observe whether people are interacting or staying inside their homes all the time.<br /><br /><strong>Consider a new build community</strong><br /><br />Residents here can be very approachable. In general many who move to new areas are highly motivated to build lasting friendships with neighbors who also have kids. Everyone is looking to bond because they are all at the same starting point. There is no crowd or established relationships with which to break into.<br /><br /><strong>Friendship is a 2-way street</strong><br /><br />It's give and take. You can borrow eggs, perhaps find someone to watch your home while you are away on vacation, and get help in an emergency. Keep in mind you have to give back. The best relationships are 2 sided, so thank that neighbor by having them over for dinner, or something they would consider nice.<br /><br /><strong>Look for strong public schools</strong><br /><br />A strong public school system provides opportunities for its students. Not only that but it can draw people together, whether they have kids or not, which tightens the bonds of the residents. Mark Nash, real estate broker and author of \"1001 Tips for Buying and Selling a Home\" says \"Strong schools are the epicenters of a strong community . Children of all ages bring people together\"<br /><br /><strong>What about age-restricted communities?</strong><br /><br />If you are 55+ you might be considering this option. In the east valley of Phoenix metro we have a few age-restricted communities in east Mesa, Sun Lakes/Chandler, and Ahwatukee. This age group looking into these options in with the hopes of finding the sort of social activities that will fill their retirement calendar. The ironic byproduct of some who go this route find quite the opposite: boredom. <br /><br />In an area where everyone is the same age and the group is too homogeneous, often times residents have to go outside the community for stimulation.<br /><br />For more information about homes for sale http://mc.searcharizonarealestate.com<br /><br />Author Matthew Coates, West USA Realty Revelation<br />FB http://facebook.com/phxazrealestate<br />Twitter http://twitter.com/realtormatthew<br />YT http://youtube.com/user/mdtscoates<br />cell 602.332.3321<br /><br /><br /><br /><br /><br /><strong></strong><div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-4823720945505596665?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/09/review-of-pirates-of-penzance-performed.html' target='new'>Review of Pirates of Penzance, performed at Grand Canyon University</a></h1><h2>9/5/2010 8:11:00 AM</h2><p>After a 4 year theatrical hiatus, the Grand Canyon University (GCU) arts department is back in full swing.<br /><br />Claude Pensis has put together a wonderfully magical experience for his audience with Pirates of Penzance, assembling an all-star cast to boot, including several high-caliber alumni.<br /><br />The show seemingly came out of nowhere and buzz about it has been resonating through the Phoenix area. In all fairness GCU is also my alma mater, so I had to go in with an objective approach as this review could get me in hot water with several friends who graduated with me. Nonetheless I became lost in the music and swept away with the dynamic performances of the lead actors and ensemble.<br /><br />The show is about Frederic (Trevor Roberts), a handsome young pirate who was taken in as a young boy and now on his 21st birthday is able to break that chain and lead his own life. Tutored in the pirate ways by The Pirate King (Scott Campbell) and raised by the pirate wench Ruth (Joan M. Colson), Frederick decides to dedicate himself to annihilation of the very crew that brought him up. Before Ruth preys on Frederic's naivety having never seen another woman and leads him to believe she is truly beautiful. Moments pass and the daughters of a Major General (Michael Kary) scurry on the island where the show is set to frolic. Frederic wins the affections of young Mabel (Amy Runte-Wyatt) and vows to marry her. He employs the services of a group of policemen (Sergeant of Police played by Mitchell Lee Wyatt) Unbeknownst to him Frederic is a leap-year baby and in reality has only had 5 birthdays, therefore he feels he must uphold the pirate ways and denounce Mabel and her father. The pirates yield to the police men \"in Queen Victoria's name\" and the story ends happily ever after, with Frederic not expected to define his life on a technicality.<br /><br />Incredible talent displayed by Trevor Roberts/Frederic as he woos the audience with his clear and innocent voice - just as the character necessitates. The youngest lead even holds his own next to the more seasoned GCU alums.<br /><br />Scott Campbell/The Pirate King returns to the scene with a confident swagger, and embodied what a lovably arrogant leader should be. Being very articulate and full of diverse facial expressions, it was hard to take your eyes off him.<br /><br />Joan C. Colson/Ruth held her ground on stage, although she didn't stand out as much when the rest of the cast was present. A very strong performance, just needed a little more oomph for me.<br /><br />Amy Runte-Wyatt/Mabel ran away with the show. If ever a performer embodied this character is would be her. She blew the audience away with her opening number and sustained that feeling until the finale. The talent and hard work from Amy shone through and I've no doubt that she was the brightest star in the entire production. She captured you with her high strata notes and warmth of character.<br /><br />Michael Kary/Major General returns to this role after having performed it at Canyon in 1998. Michael knows how to control a stage without overpowering it. His comic timing couldn't be better, and there has been tremendous growth in him as an actor since I last saw his work. Michael was incredibly comfortable and aware on stage, and the audience was mesmerized by how he had developed the character.<br /><br />Last major player which was quite a pleasant surprise to watch was Mitchell Lee Wyattas the Sergeant of Police. Wow the energy on this guy was incredible, and not only was he limber, but his baritone-bass voice projected strong and was a pleasure on the ears.<br /><br />Notable supporting performances by Paul Townsend and Natalie Shuler.<br /><br />The only slight negative would be the set design. Very simplistic and basic, and very so-so, but perhaps that was the intent to take the focus off the set and onto the characters.<br /><br />Pensis opted for a single piano vs. orchestra, which I felt was a great movie as the show went on, keeping the concept of simple, and putting the vocal talents to work.<br /><br />Last night's performance completely sold out, which in talking to the actors, would never have happened 6 years ago. Well, that's what happens when there is demand for incredible arts performances, and when actors with great reputations return to the scene of the crime.<br /><br />If you can make today's final performance/matinee you owe it to yourself to do so http://gcu.edu<br /><br />I look forward to GCU's future opportunities and unhesitatingly give the production 9/10 stars<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-1686933416458034877?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/09/sweeties-candy-comes-to-chandler-az.html' target='new'>Sweeties Candy comes to Chandler, AZ</a></h1><h2>9/4/2010 4:06:00 PM</h2><p><a href=\"http://4.bp.blogspot.com/_ceJPvc1nkQo/TILTIUKCL_I/AAAAAAAAAC8/OMLrKcqJuZM/s1600/IMG_4955.JPG\"><img style=\"float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 200px; height: 150px;\" src=\"http://4.bp.blogspot.com/_ceJPvc1nkQo/TILTIUKCL_I/AAAAAAAAAC8/OMLrKcqJuZM/s200/IMG_4955.JPG\" border=\"0\" alt=\"\"id=\"BLOGGER_PHOTO_ID_5513201033658118130\" /></a><br />We finally have a full-fledged standalone candy store in Chandler.<br /><br />It's called Sweeties Candy and it is on the Northwest corner of Alma School & Chandler Blvd. I went today and was amazed at the traffic that came through the store. Apparently lots of people in Chandler have a sweet tooth. One family in the line in front of me rang up a generous tab of $72.<br /><br />It feels like a candy warehouse, where just about any candy you can think of is present. You can also be transformed back to your childhood days by finding such finds as Big League Chew, Sugar Babies, Jelly Bellies, Willy Wonka, Lemonheads, Neccos, Charleston Chew, Pez, and on and on.<br /><br />Pricing is certainly reasonable and I am sure they will cleanup for Halloween, but the bigger discounts are in the bulk purchases, similar to a Costco or Sam's Club concept.<br /><br />one interesting find - a 5 pound Hershey bar for $40!<br /><br />I've no doubt kids of Chandler will be singing the tune of the new candy man in town, Sweeties Candy of Arizona<br /><br />visit them at http://sweetiescandyaz.com<br />for more pictures of Sweeties and more information about Chandler, AZ please go to http://facebook.com/chandleraz1<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-6683164836758539106?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/09/review-of-noises-off-performed-by.html' target='new'>Review of Noises Off performed by Phoenix Theatre</a></h1><h2>9/4/2010 7:40:00 AM</h2><p>Where do I begin with this one? It was an evening of high energy, dynamic performances, and unbridled hilarity.<br /><br />The cast was \"on\" the entire show, giving us 3 acts of their best work, and it showed. <br /><br />The show is about a play in various stages of development just before opening night. The first act shows us their final dress rehearsal - a farce in and of itself. Nobody seems to know what's going on. Act 2 takes us backstage at a production where we get to see the drama with the players up close and personal, and act 3 is live at an actual production.<br /><br />The plot revolves around a couple of love triangles, one where 2 men are after one of the female leads and the other 2 women beckon for the affections of the director -nothing like a good show fling!<br /><br />The only thing negative I'll say is the 1st act seemed long as we built up to the intermission, but I believe it was supposed to go that way as the groundwork is laid for how involved in the backstage drama the players get and why they inevitably sabotage each other's performances during the rest of the show. <br /><br />Dottie is delightful, Garry is gregarious. Flavia was over-the-top and knew everyone's business, trying to solve everyone's problems, Selsdon was just plain funny, and Vicki charmed and livened the crowded portraying the ditzy blonde with comical body language and gestures to go with her lines, and played a horribly bad actress well. The magic was in their interaction and was effortless.<br /><br />The small theatre adds to the fun, as everyone in the audience felt right in there with the show.<br /><br />9/10 stars Show runs through 9/19 http://phoenixtheatre.com<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-7373679094250543601?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/09/clemente-ranch-in-chandler-az.html' target='new'>Clemente Ranch in Chandler, AZ</a></h1><h2>9/2/2010 5:27:00 PM</h2><p><object style=\"background-image:url(http://i2.ytimg.com/vi/QenIZc6PJ8k/hqdefault.jpg)\"  width=\"425\" height=\"344\"><param name=\"movie\" value=\"http://www.youtube.com/v/QenIZc6PJ8k?fs=1&amp;hl=en_US\"><param name=\"allowFullScreen\" value=\"true\"><param name=\"allowscriptaccess\" value=\"always\"><embed src=\"http://www.youtube.com/v/QenIZc6PJ8k?fs=1&amp;hl=en_US\" width=\"425\" height=\"344\" allowScriptAccess=\"never\" allowFullScreen=\"true\" wmode=\"transparent\" type=\"application/x-shockwave-flash\"></embed></object><div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-6505758972532516406?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/09/tillman-story-movie-review.html' target='new'>The Tillman Story movie review</a></h1><h2>9/1/2010 9:41:00 PM</h2><p>This movie seems to have come out of nowhere. I think I barely heard the movie had been made maybe a week ago.<br /><br />Some of the friends I went with actually knew not only Pat Tillman but the high-ranking military personnel featured and filmed in the movie.<br /><br />Let's start with the movie's theme: the military deceived the American public into believing Pat Tillman was killed by enemy fire. The movie was very convincing pointing out how there was a cover up that demands an answer of he was indeed killed by friendly fire. Towards the end of the movie the top military personnel on our country cannot recall exactly when they heard about the death of this high-profile figure and don't recall receiving any special \"P4\" announcement/faxes, which are highly classified and confidential documents.<br /><br />His life story was desensitized, and we got to see the real Pat Tillman, not the American war hero, but the everyday guy, someone just like you and me that likes to have a good time and spend time with family. <br /><br />But Pat made a decision to make an impact with his life. He left the cushy high paying NFL job to do something he felt destined to do. Whether you or I agree with his motivation is really not for us to decide, rather, let's admire the example he set to break out of the complacency that has stunted so many people in this country and realize that in your own environment you can make an impact.<br /><br />Very moving to watch the interviews with his wife, mom,dad, and younger brother. These people are real, demanded answers, and didn't get them. So now they have to move on, knowing that the military has deceived the American public into making Tillman's death a political propaganda. This is just immoral, especially from an organization where it's best to protect yourself.<br /><br />Great quote of the movie \"Politics is theatrical wrestling\"<br /><br />I give it 8/10 stars<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-6346967014325708612?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/09/im-thinking-about-buying-my-first-home.html' target='new'>I'm thinking about buying my first home - can you share some tips?</a></h1><h2>9/1/2010 1:52:00 PM</h2><p>Sure Mr. First-Time Homebuyer, I'd be glad to. I'm a realtor that helps first-time homebuyers find homes for sale in Chandler, AZ and I would like to share 3 brief point to consider once you have made the decision to stop renting.<br /><br />1. If you plan on having kids make sure the neighborhood has good public schools.<br /><br />With the abundance of resources on the internet this task has become easier to do than ever. Most schools freely disseminate test results on their websites nowadays. Once resource http://schoolmatch.com gives you more information about the quality of the schools in a neighborhood you have targeted in report form. There is a fee associated here.<br /><br />The best info though comes from word-of-mouth sources, talking to neighbors in the area, asking friends that have heard of the schools. Even polling your friends on such sites as http://facebook.com can produce wonderful opinions.<br /><br />2. Select your 1st home carefully<br /><br />Buyers are often short-sighted when viewing homes. If within your income limitation select a home that can accommodate a growing family, perhaps housing small children all the way up to teenagers. But don't break the bank. The last thing you want is to be house poor.<br /><br />3. Pick a home that would be easy to sell when you are on the flip side.<br /><br />Young families want a home large enough to house small children, usually 1400 square feet and up, with at least 3 bedrooms. 2 bedroom homes are painfully difficult to sell, as the market for them is very limited.<br /><br />For more information about Chandler homes for sale please visit http://mc.searcharizonarealestate.com <br /><br />Matthew Coates 602.332.3321<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-1214633260917284969?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/want-to-speed-up-that-mortgage-loan.html' target='new'>Want to Speed Up That Mortgage Loan Approval?</a></h1><h2>8/25/2010 9:16:00 AM</h2><p>Are you a would-be homeowner/buyer? In today's lending environment it's no small feat to qualify for a mortgage. With borrowers feeling like they just gave up their first-born or had blood drawn, frustrations are at an all time high. The good news is that you can go into the situation fully prepared!<br /><br />Of course Fannie Mae and Freddie Mac are currently overcompensating for the loose credit standards we saw in 2004-2007. As a realtor in Chandler, AZ I see the frustration buyers experience, and have designed the following pointers:<br /><br /><strong>1. Respond quickly when your mortgage lender requests something from you.</strong><br /><br />Ideal loan applicants arrive with all the primary documents they will need, pay stubs, W-2's, bank statements, etc. It is always a good idea to view your credit report prior to meeting your lender. You can get one FREE credit report a year by visiting http://annualcreditreport.com.<br /><br /><strong>2. Learn mortgage basics</strong><br /><br />Many borrowers, specifically first-time homebuyers lack a basic knowledge of mortgage terms and how they are affected by them. With Google and the internet it's easier than ever to get a rundown of the mortgage process and understanding of basic terms. Among others, one good site is http://hud.gov.<br /><br /><strong>3. Set up a face-to-face meeting with your mortgage lender/broker</strong><br /><br />Over the phone initially is fine, but there is so much detail and information for the lender to convey that it just doesn't do them justice to cover on a 30 minute phone call or lengthy email. Plus the loan officer is more likely to give you higher priority if he/she meets you in person.<br /><br />Do you have a special situation? Then meeting is almost mandatory. Special scenarios include self-employed, credit scores around 640 and lower, limited savings, etc.<br /><br /><strong>4. Stay in touch with your lender</strong><br /><br />All the way until you fund and record on your home. Buyers are facing more questions than ever with underwriters and it's critical to answer them quickly to close on time. This is especially important if you credit or income changes during the escrow process, or a temporary credit flaw.<br /><br />Curious about homes for sale in Phoenix, AZ?<br /><br />http://mc.searchrarizonarealestate.com<br />matthew@westusa.com<br />FB http://facebook.com/matthewcoates1<br />Twitter http://twitter.com/realtormatthew<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-7651402640088479269?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/movie-review-going-distance.html' target='new'>Movie review: Going the Distance</a></h1><h2>8/23/2010 9:35:00 PM</h2><p>Was fortunate to catch the Arizona premiere of this movie tonight.<br /><br />Went in with high expectations. I've admired Drew Barrymore ever since I had a crush on her in E.T. , and although she has never done any films I would say were incredible, I am always optimistic as she is a very talented actress.<br /><br />So the plot line of boy meets girl haphazardly is incorporated of course, in traditional Hollywood flavor. They try and make a long distance relationship work, which of course is almost impossible, as one must \"give up their dreams\" to be with the other.<br /><br />Cute premise that gets lost in relationships that take away from the main plot line, including the male lead's best friend who is just a disgusting individual on so many levels, but at times he could actually be mildly funny. <br /><br />The character played by Christina Applegate was the film's best performance. She played the concerned sister of Drew Barrymore, and was incredibly humorous, believable, and convincing.<br /><br />There were some nice warm fuzzy moments, but mostly interrupted by strong sexual scenes (at one point the 2 main characters had sex on a kitchen table, one of the high points of the preview), vile humor about semen, bathroom habits, etc<br /><br />Barely watchable movie that was cute and nice concept, but definitely didn't \"go the distance\" for me.<br /><br />6/10 stars<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-5221720893455965875?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/for-investors-theres-gold-in-them-thar.html' target='new'>For investors there's gold in them thar hills!</a></h1><h2>8/23/2010 8:15:00 AM</h2><p>Phoenix abounds with foreclosure properties. And although there aren't as many for sale as their used to be, deals are to be had for the investor market.<br /><br />With a shortage of rentals on the market (yes you heard me), investors in the buy and hold game can do quite well.  After all , all these folks who are short selling and losing their home to foreclosure have to live somewhere right?<br /><br />It's been rumored that approximately 50,000 home clog Maricopa County's foreclosure pipeline and more enter just as they come out the other end. <br /><br />I am a realtor in Phoenix, Arizona and I see quite a bit in the area of investor activity right now. In fact they account for approximately 25-30% of all home purchases.<br /><br />Everyone today is looking for that \"great deal\" and investors have to be, and can be, more particular than they've ever been when choosing a great rental.<br /><br /><strong>What are some factors to consider?</strong><br /><br /><strong>Location </strong>is always key, but I'm finding that it's not that difficult to rent out homes in outlying areas, like Surprise or Queen Creek. Of course closer in rental homes are commanding higher rental rates, but they also cost more.<br /><br /><strong>Rental rates</strong>: rents have actually gone up over the last 6 months, as supply cannot keep up with demand. With the difficulty in obtaining financing most people are just opting the rental route until their credit comes back or they save enough cash for a down payment. Investors almost always want their investment to positive cash flow, whici is of course one of the main reasons they purchase it.<br /><br /><strong>Type of home: </strong>investors are steering away from condos and townhomes and toward single-family dwellings. Why? Couple of main reassons, one being is lower HOA fees on houses, making the investment easier to cash flow, and 2, all things being equal the average person would rather live in a house. They like the privacy, having a yard, and not being on top of their neighbors hearing everything through the walls.<br /><br /><strong>Size/bedrooms :</strong> investors avoid 1- an 2-bedroom homes like the plague, unless the property is a screaming deal. The average tenant wants 3 berooms; one master for them, one they can use as a \"computer room/den/office\", and one for the kids or guest.<br /><br /><strong>Purchase price:</strong> Popular price range to buy is under $150,000: this is actually the fastest moving price range in the valley right now. Even more popular - under $100k. Those homes can't stay on the market long enough and are commanding multiple offers, yes, even in this market.<br /><br /><strong>Repairs needed:</strong> Major consideration here - does the home need to be gutted? It better be priced incredibly well. For the most part the average home needs paint, carpet, and some minor touch-ups / repairs, maybe in the $5000-7000 range. Investors do not have to fix up a home for a tenant like they would if they were flipping. It's a different mentality. With tenants practically fighting over limited inventory in most chases they can look over the fact that the home has laminate countertops vs. granite.<br /><br /><strong>Pool:</strong> With potential liability issues, I am finding more investors than not avoiding homes with pools. Consult your attorney in this area.<br /><br /><strong># of stories:</strong> While most tenants prefer one story I've found that the average investor isn't that particular whether it's one or two-story, and they are both fairly easy to rent out.<br /><br /><strong>Schools:</strong> While schools seem to be important to anyone with kids it appears that tenants are not demanding certain schools districts. My guess is that they see the home as a temporary situation and one day they'll be able to buy in their preferred school district.<br /><br /><strong>Age of home:</strong> People want newer and with garages, not carports (after all we're in Arizona right ! ). Ideally built last 10-15 years. I can't remember the last time a tenant said \"I want a 50-yr old house\".<br /><br />If you are an investor looking for homes for sale in Phoenix you may search the MLS at http://mc.searcharizonarealestate.com or ask me about properties not available to the general public.<br /><br />Matthew Coates<br />602.332.3321<br />FB http://facebook.com/matthewcoates1<br />Twitter http://twitter.com/realtormatthew<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-528663520128015782?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/movie-review-scott-pilgrim-vs-world.html' target='new'>Movie review: Scott Pilgrim vs. The World</a></h1><h2>8/21/2010 10:40:00 PM</h2><p>\"This is a real estate blog, why are you reviewing movies!?\" Great question. Because I want you to get to know me as a person, my hopes, aspirations, dreams, preferences, etc so you can feel comfortable with me as your real estate consultant for life.   As important as it is for you to find the right home, I've found it to be equally important to choose the right person to help you find that home.<br /><br />I appreciate your listening ears...<br /><br /><strong></strong> <strong>Scott Pilgrim Vs. The World</strong><br /><br /><em>9/10 stars</em><br /><br />What a FUN movie with quirky characters set against a video game backdrop, and I'm not ever a gamer. Laughed a ton! <br /><br />This is going to be a very overlooked movie, opening the same weekend as The Expendibles, which I am definitely not seeing.<br /><br />What a refreshing storyline filled with originality and characters you care about , get behind, cheer on, and laugh with/at.<br /><br />Main character Scott falls in love with a girl he probably shouldn't and spends the duration of the movie dealing with her 7 ex-boyfriends. What a riot these scenes are! They go over the top in a visually appealing style that fascinates the eyes. Similar to the fight sequences of Kung-Fu hustle with quirkiness of Juno and an outcast gorgeous leading lady much like that in Eternal Sunshine of the Spotless Mind, and writing on the screen narration of Zombieland. LOVED the script!<br /><br />Thank you so much for providing excellent enterainment, I look forward to seeing this again in the theater and purchasing on DVD when released<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-4455968654021489531?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/islands-gilbert-arizona-4-bedroom-3_20.html' target='new'>The Islands, Gilbert, Arizona 4 bedroom 3 bath home</a></h1><h2>8/20/2010 9:19:00 AM</h2><p><a href=\"http://1.bp.blogspot.com/_ceJPvc1nkQo/TG6sHi9igfI/AAAAAAAAACM/p9sO9OrhyEw/s1600/cove1.jpg\"><img style=\"float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 200px; height: 150px;\" src=\"http://1.bp.blogspot.com/_ceJPvc1nkQo/TG6sHi9igfI/AAAAAAAAACM/p9sO9OrhyEw/s200/cove1.jpg\" border=\"0\" alt=\"\"id=\"BLOGGER_PHOTO_ID_5507528639964676594\" /></a><a href=\"http://1.bp.blogspot.com/_ceJPvc1nkQo/TG6s9Y0vs4I/AAAAAAAAACs/VB1QP93AT7I/s1600/cove5.jpg\"><img style=\"float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 142px; height: 200px;\" src=\"http://1.bp.blogspot.com/_ceJPvc1nkQo/TG6s9Y0vs4I/AAAAAAAAACs/VB1QP93AT7I/s200/cove5.jpg\" border=\"0\" alt=\"\"id=\"BLOGGER_PHOTO_ID_5507529564956373890\" /></a><br /><a href=\"http://2.bp.blogspot.com/_ceJPvc1nkQo/TG6s5_Z6BgI/AAAAAAAAACk/gbZFncTcfLc/s1600/cove4.jpg\"><img style=\"float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 200px; height: 150px;\" src=\"http://2.bp.blogspot.com/_ceJPvc1nkQo/TG6s5_Z6BgI/AAAAAAAAACk/gbZFncTcfLc/s200/cove4.jpg\" border=\"0\" alt=\"\"id=\"BLOGGER_PHOTO_ID_5507529506593310210\" /></a><br /><a href=\"http://3.bp.blogspot.com/_ceJPvc1nkQo/TG6s1yPX6gI/AAAAAAAAACc/z1aPHa6fge0/s1600/cove3.jpg\"><img style=\"float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 150px; height: 200px;\" src=\"http://3.bp.blogspot.com/_ceJPvc1nkQo/TG6s1yPX6gI/AAAAAAAAACc/z1aPHa6fge0/s200/cove3.jpg\" border=\"0\" alt=\"\"id=\"BLOGGER_PHOTO_ID_5507529434339994114\" /></a><br /><a href=\"http://1.bp.blogspot.com/_ceJPvc1nkQo/TG6sxwSl5OI/AAAAAAAAACU/qFnCxGoXNHI/s1600/cove2.jpg\"><img style=\"float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 200px; height: 150px;\" src=\"http://1.bp.blogspot.com/_ceJPvc1nkQo/TG6sxwSl5OI/AAAAAAAAACU/qFnCxGoXNHI/s200/cove2.jpg\" border=\"0\" alt=\"\"id=\"BLOGGER_PHOTO_ID_5507529365097145570\" /></a><br /><br />The Islands is one of the most well-known subdivisions in all of Gilbert, Arizona. It is a master-planned community and has been long-known for its bountiful recreational options that it extends to its residents such as, fishing, boating, and other lakeside activities.<br /><br /><br />This is a beautiful 4 bedroom 3 bath home in The Islands of Gilbert, Arizona that is 2673 square feet. Do you have children? Gilbert has one of the best schools in Gilbert, Arizona. Does your husband like storage? He'll love the incredible 2 car garage. There is also a BASEMENT, which you almost never find. Travertine and granite abound throughout the kitchen and bathrooms, and flooring! Completely renovated home includes a wet bar for entertaining, new carpet, fresh paint, and oh so much more<br /><br />Money magazine recently rated Gilbert, Arizona as one of the best cities to live in in America (top 100)<br /><br />video tour: http://www.youtube.com/watch?v=Htg4GJPxHQc<br /><br />Come see it before it's gone! Priced at $299,900 and ready to sell<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-8804641312104475156?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/phoenix-home-prices-sliding-again.html' target='new'>Phoenix home prices - sliding, AGAIN?</a></h1><h2>8/18/2010 9:33:00 AM</h2><p>As if the news weren't depressing enough, but you know me always putting a positive slant on everything, coupled with a healthy dose of reality.<br /><br />So ok, most home prices are falling again, and new data supports that this will continue, creating a potential \"double dip\".<br /><br />I don't see the median price dropping below the $119,000 we had in April '09. Currently we are about $130-35k. The reason is because the demand for \"starter homes\" has for the most part bottomed out, and there is a good amount of demand for these homes still.<br /><br />Starter homes are what 1st time homebuyers and investors tend to purchase, making up approximately 70% of valley home sales<br /><br />What's interesting is that although school has started again, slowing most \"trade-up\" sales, the starter home market is quite active. As of late I have been hearing of several investors and engaged-to-be-married couples househunting, which is a very healthy sign.<br /><br />First-time homebuyers are not as subject to bad credit or loss of employment as others, making them prime candidates to buy and capitalize in this market.<br /><br />Investors recognize the market bottom and are truly cleaning up.<br /><br />Yes, it's true that inventory has been increasing, and if the underwriters lax the guidelines a bit than more people can qualify.<br /><br />Short sales are abundant and more are closing now than ever. <br /><br />We will see what my crystal ball holds for the future...<br /><br />Curious about home prices?<br /><br />http://mc.searcharizonarealestate.com<br /><br />Phoenix / Scottsdale / Chandler homes for sale<br /><br />first-time homebuyer<br /><br />Follow me on Twitter http://twitter.com/realtormatthew<br />FB http://facebook.com/matthewcoates1<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-3185165611262266096?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/i-cant-afford-my-mortgage-payment.html' target='new'>I Can't Afford My Mortgage Payment Anymore - What Should I  Do?</a></h1><h2>8/17/2010 10:38:00 AM</h2><p>This question is facing many valley homeowners these days. People got into payments that just couldn't afford back in the hay day peak of the market 2004-2007. Even though who were financially secure got in over their heads, and that group is starting to surface.<br /><br />So what to do? You've come to the right place friends.<br /><br />Let me start by saying I am not instructing you what to do nor providing legal advice. Whatever you decide you need to discuss with a trusted attorney and/or CPA.<br /><br />For the majority of us the mortgage payment will be our largest obligation, so it requires some attention. Lower home values (some approaching loss of 60% plus) and lower incomes mean we can no longer do the same things we used to. Couple that with unemployment around 9% and no end in sight for foreclosures and it seems gloom at best.<br /><br />Bankruptcy is certainly one option, but may not be the best option if they only debt you have is a mortgage. <br /><br />Perhaps refinancing, although challenging, may be an option.<br /><br />Loan modifications - lots of homeowners going through this, few succeeding. Let's just leave it at that.<br /><br />Foreclosure/ do nothing - certainly an option, but you may be looking at 250 plus point drop in your FICO credit score, 5-7 yrs until you buy another home , and a potential tax liability (yes,even if you foreclose friends).<br /><br />Short sale - this is where I'll spend alot of time. Becoming increasingly popular these days.<br /><br /><strong>What is a short sale?</strong><br /><br />A short sale is selling your property for less that what is owned on the mortgage. The lender has to agree to take a loss. Short sales can take a long time (3-12 months, maybe longer), but are usually worth the effort on the homeowner's behalf if he is willing to be patient.<br /><br />Doing a short sale is like quailfying for a mortgage loan, but in reverse. You have to provde hardship, or why your situation has worsened, along with tax returns, pay stubs, bank statements, hardship letter, etc.<br /><br />Keep in mind short sales involve legalities that go beyond my expertie in real estate and you need to be fully informed of the consequences for doing one.<br /><br />Concerns about short sales:<br /><br /><strong>- will I owe taxes on the amount shorted?</strong><br />A: it depends. don't you love this answer? if it is your primary residence most likely (but not always) you should be off the hook for taxes on that amount. However, if you have a Home Equity Line of Credit (HELOC) or 2nd mortgage you <em>may</em> be in for a surprise.<br /><br /><strong>- what happens to the deficiency balance (amount \"shorted\" on the mortgage\")?</strong><br /><br />A. The lender may pursue you for it. Arizona has one of the most forgivable anti-deficiency laws in the nation. However, if you \"Strategic default\", meaning walk away from the mortgage and you have no hardship to speak of, they are going to be more likely to pursue you.<br /><br />I now point to my lawyer friends who can advise you from here.<br /><br />There's no doubt you will receive a form 1099-C from the IRS for the deficiency, but you may or may not be liable for taxes on those \"earnings\".<br /><br />In 2007 Congress passed The Mortgage Foregivenss Debt Relief Act, which favors borrowers.<br /><br />Short sales have become an acceptable solution for a growing problem. Although the process is straight forward, banks are incredibly slow in processing them. Contact your favorite real estate agent today to learn more.<br /><br />Home for sale - Phoenix/ Chandler / Scottsdale, Arizona<br />http://mc.searcharizonarealestate.com<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-5905458032096535121?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/in-phoenix-housing-becomes-most.html' target='new'>In Phoenix, housing becomes most affordable for first-time homebuyers</a></h1><h2>8/16/2010 3:07:00 PM</h2><p>The housing slump has proved to yield fantastic values for those looking to enter in the housing market. Lower prices are driving higher number of sales and renters are certainly capitalizing when possible. <br /><br />First-time buyers actually represent the highest percentage of buyers on the market today in the Phoenix metro area.<br /><br />According to Jay Butler, director of realty studies at Arizona State University, people can now buy new homes in Chandler and Gilbert for half of what the cost during the boom.<br /><br />Couple that with monthly payment that rival what they are paying the landlord and significant tax breaks and it's understandable why now is the time to act. First-time buyers are not generally susceptible to the unemployment and challenging credit prevalent in most of the valley.<br /><br />The average price of a home being sold is around $140,000, compared to $260,000 at the peak. <br /><br />Curious about homes for sale in the Phoenix area?<br /><br />http://mc.searcharizonarealestate.com<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-4648973027777672105?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/whys-it-so-hard-to-get-mortgage-loan.html' target='new'>Why's it so hard to get a mortgage loan?</a></h1><h2>8/14/2010 11:44:00 AM</h2><p>Well, it seems decision makers are overcompensating for the \"no brainer\" loans given out in 2004-2007 by swinging the pendulum the other way completeted. In days past you tell the lender you make $100k/yr and by golly, that's good enough for me! Today it's name/rank/serial number, have your baby's blood drawn, asking you 10,000 questions about solid verification items. <br /><br />What is going on?<br /><br />Underwriters think what they are NOW doing is going to stop the foreclosure mess our nation and especially our state (Arizona) is in. Not true!!<br /><br />Why are we TIGHTENING credit standards and causing the # of buyers who have the ability to purchase to SHRINK? Doy! Shouldn't we be doing the opposite! Intelligence would tell us yet, but remember we are dealing with large impersonal financial institutions here, so apparently we are playing by their rules. Happy happy joy joy.<br /><br />Loosening the credit standards (not to what they were before obviously will allow a new set up buyers to start taking this foreclosures and short sales off the market.<br /><br />Someone tell me if I'm just smoking dope.<br /><br />Matthew Coates<br />http://mc.searcharizonarealestate.com<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-1564190655488710003?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/homeowners-considering-move-in-near.html' target='new'>Homeowners: considering a move in the near future?</a></h1><h2>8/12/2010 11:19:00 AM</h2><p>Knowing the current value of your home will help you determine which way to go and how much you'll have to work with on your next purchase. Homes that are priced correctly sell faster, and that is just a fact, regardless of what sellers \"think\" their home is worth.<br /><br />Here are factors to consider:<br /><br />1. How old is the home?<br /><br />Brand new or more than 10 years? Wear and tear brings down the value<br /><br />2. Recent home sales in your area<br /><br />Big one, largest indicator of value. Find homes that match your square footage, amenitites, location, etc, and consult your favorite realtor<br /><br />3. Recent home improvements Done any renovations? improvements? additions? Anything that can add value may influence pricing<br /><br />4. Location of the home. Closer it to city = higher price , further away =  lower, that is the simple formula What are the schools like? Gated subdivision?<br /><br />To search home for sale in the Phoenix metro area http://mc.searcharizonarealestate.com<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-5465041287985402142?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/08/phoenix-az-real-estate-update.html' target='new'>Phoenix AZ Real Estate Update</a></h1><h2>8/2/2010 5:34:00 AM</h2><p>Hi folks, it's that time again where we play \"What's the Phoneix, AZ market doing now?'<br /><br />No doubt sales have fallen since the tax credit expired, thur creating a much-needed temporary band-aid for our market as a whole.<br /><br />I hear rumors of banks releasing more inventory, one REO agent i know who's client is Fannie Mae said she is putting 16 new listings on in mid-August, and she is a one-woman operation/ not a huge team to farm listings to, so we'll see.<br /><br />This \"shadow inventory\" we keep hearing about: talked to a big valley REO agent who indicated that banks are not \"withholding\" to drive up prices, rather they have a pipeline with properties in different stages, as REOs/foreclosed homes typically don't get listed immediately. REO as a percentage of sales are definitely down.<br /><br />Short sales are up and represent 28% of sales vs 21% in just the prior month. I am seeing short sales take longer to complete however and buyers on a timeframe may want to avoid altogether.<br /><br />Seller with regulary sales need to price in current market, not be delusional with prices even 3-6 months ago. Too many \"normal\" sellers are asking far too much for their homes.<br /><br />Buyers that can actually qualify for a loan are in control right now. With sales down and a decent amount of inventory (not tons, we are looking at 35,000 listings vs almost 60,000 about 18 months ago), buyers are setting the tone. <br /><br />about 40% of sales are first-time buyer and 30% investor. deals are to be had. investors also cleaning up at trustee's sales in DT Phoenix area.<br /><br />What do i see in the next month of so? slight downturn in starter homes/barely noticeable, as we have pretty much scratched bottom in this price range (under $150k)<br /><br />Phoenix/ Chandler / Scottsdale homes for sale<br />http://mc.searcharizonarealestate.com<br /><br />Facebook http://facebook.com/matthewcoates1<br />Twitter http://twitter.com/realtormatthew<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-1565671377583799090?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/06/modified-sellers-market.html' target='new'>Modified Sellers' Market</a></h1><h2>6/30/2010 2:39:00 AM</h2><p>Modified seller's market - what is that?<br /><br />We are short inventory, regular/normal market 6-8 month supply , and instead we have about 4. What makes it unusual is we have 45,000 homes looming out there owned by banks that aren't for sale but could be for sale at any moment. <br /><br />It's summertimes to lots of people are buying/moving (assuming they can qualify for a mortgage, which is very fun). We are experiencing a record number of sales (about 7000-8000 units per month). <br /><br />Lots of short sales out there taking forever to close (generally) and not many REOs on the market anymore.<br /><br />We'll see price increases through the summer and then an up and down pricing trend for about 6-9 months after that, with overall sales coolling off in the wintertime as we head towards Christmas.<br /><br />Matthew Coates, real estate agent 602-332-3321<br />Chandler homes for sale<br />http://mc.searcharizonarealestate.com<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-7334089314105279290?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/06/shadow-inventory-free-movie-passes.html' target='new'>Shadow Inventory & Free Movie Passes</a></h1><h2>6/23/2010 9:23:00 AM</h2><p>\"Shadow inventory\" - a newer term to the real estate market, continues to increase. Shadow inventory is homes owned by banks (Wells Fargo, FannieMae, etc) that have not yet been placed for sale with a realtor.  It has been reported that Bank of America has 1,000,000 homes in their inventory nationwide. Fortunately the time to clear about the supposed 45,000 homes in Arizona is the lowest of all states at 18 months. Currently we are experiencing a modified form of a seller's (yes you heard it right) market: based on sales we have around a 4-month supply vs. 6-8 in a \"normal\" market<br />Average sales price year-over-year UP: $138,500 vs. $122,000 (May '10 vs. May '09)<br />Banks are taking fewer homes back from owners (many postponements and cancellations at trustee's sale), preferring to work via short sale and loan modification, although loan modifications in general are not working well.<br />The question is: when will these homes go on the market and what impact will it have on prices?<br />Answer: don't know when (only God knows), whether it will be all at once (not likely) or in waves. Based on material I've combed through we will have price increases  throughout the summer and once fall hits values will be bouncing up and down.<br />** Incentive ** - through July 31st introduce me to someone considering selling their home and receive 2 free movie passes. Referral must be willing to set an appointment to go over market analysis of their home<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-1961171777451067562?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2010/01/hud-temporarily-waives-90-day-flipping.html' target='new'>HUD temporarily waives 90 day flipping rule</a></h1><h2>1/19/2010 12:39:00 PM</h2><p>On Friday Jan 15th 2010, HUD announced that they<br /> would temporarily waive the 90 day seasoning rule for<br /> FHA buyers.This is the link to the waiver from the HUD<br />website.<br /><a href=\"https://webmail.west.cox.net/do/redirect?url=http%253A%252F%252Frs6.net%252Ftn.jsp%253Fet%253D1102948163178%2526s%253D358%2526e%253D001x6ekxL1-K70-Lhb7jPgoYjyYOSSCVJNd6ngc5-c7L6Dy1d94YjcOCumOm7o6YRMs8zxJ815RqbVOSW24ifaUTgGXWx7aMGi7D2wI7K3YfzTWKkNoDpeCXWyCHVs5T5DWs8cEZvUNXCuw1yJWG25jbyk5MU1b0MuR\" target=\"_blank\" shape=\"rect\" rel=\"nofollow\">http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf</a><br />The waiver goes in to effect on February 1, 2010 for<br />one year.The 90 day seasoning rule had prevented a buyer<br />from purchasing a home with an FHA loan if the seller had not<br />owned the property for at least 90 days prior to<br />the buyer's purchase contract being executed.<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-3000816750808551032?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2009/11/phoenix-market-update.html' target='new'>Phoenix Market Update</a></h1><h2>11/29/2009 12:15:00 PM</h2><p><object width=\"320\" height=\"266\" class=\"BLOG_video_class\" id=\"BLOG_video-375c6673f7865b7b\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" codebase=\"http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0\"><param name=\"movie\" value=\"http://www.youtube.com/get_player\"><param name=\"bgcolor\" value=\"#FFFFFF\"><param name=\"allowfullscreen\" value=\"true\"><param name=\"flashvars\" value=\"flvurl=http%3A%2F%2Fv11.nonxt4.googlevideo.com%2Fvideoplayback%3Fid%3D375c6673f7865b7b%26itag%3D5%26app%3Dblogger%26ip%3D0.0.0.0%26ipbits%3D0%26expire%3D1286051060%26sparams%3Did%252Citag%252Cip%252Cipbits%252Cexpire%26signature%3D4A3538EB356ADCAAB846B2EEBFAD480630CEFA.2D478E49F854AE4305852E5BF451D17CBE64B696%26key%3Dck1&amp;iurl=http%3A%2F%2Fvideo.google.com%2FThumbnailServer2%3Fapp%3Dblogger%26contentid%3D375c6673f7865b7b%26offsetms%3D5000%26itag%3Dw160%26sigh%3DZWGFCz-d-0rjmIZDOIAbtxl179U&amp;autoplay=0&amp;ps=blogger\"><embed src=\"http://www.youtube.com/get_player\"width=\"320\" height=\"266\" bgcolor=\"#FFFFFF\"flashvars=\"flvurl=http%3A%2F%2Fv11.nonxt4.googlevideo.com%2Fvideoplayback%3Fid%3D375c6673f7865b7b%26itag%3D5%26app%3Dblogger%26ip%3D0.0.0.0%26ipbits%3D0%26expire%3D1286051060%26sparams%3Did%252Citag%252Cip%252Cipbits%252Cexpire%26signature%3D4A3538EB356ADCAAB846B2EEBFAD480630CEFA.2D478E49F854AE4305852E5BF451D17CBE64B696%26key%3Dck1&iurl=http%3A%2F%2Fvideo.google.com%2FThumbnailServer2%3Fapp%3Dblogger%26contentid%3D375c6673f7865b7b%26offsetms%3D5000%26itag%3Dw160%26sigh%3DZWGFCz-d-0rjmIZDOIAbtxl179U&autoplay=0&ps=blogger\"allowFullScreen=\"true\" /></object><div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-3283620405693263254?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2009/11/fannie-mae-is-my-landlord.html' target='new'>Fannie Mae is My Landlord?</a></h1><h2>11/16/2009 10:22:00 AM</h2><p>Phoenix – Well when you think they have thought of everything, Fannie is now in the Landlord business. However, it does help the struggling homeowners from becoming homeless which is a good thing.<br /><br />So what does this all mean?<br /><br />Fannie Mae announced Thursday that it will allow troubled homeowners to lease their homes versus losing them through foreclosure and eviction.<br /><br />The new program is directed at providing greater home security to distressed borrowers who can’t afford their mortgage payments and do not qualify for a loan modification, however who are able to afford the rent.<br /><br />The program is designed so that borrowers transfer their property deed to Fannie, this is also known as a deed-in-lieu of foreclosure. A deed-in-lieu will adversely affect a borrower’s credit score, but it isn’t as damaging as a straight-up foreclosure, even though the end result is the same which is that “Fannie gets back the property”.<br /><br />In the new “Deed for Lease” program, borrowers will need to:<br /><br />Qualify for a deed-in-lieu under Fannie’s current guidelines;<br />Demonstrate that they have enough income to pay a market rent, they’ll be required to sign a lease for up to 12 months.<br /><br />Here’s a few question and answers about the program:<br /><br />How do I know if Fannie owns or guarantees my loan?<br /><br />Fannie Mae has a loan look-up Web site that lets borrowers see whether their loan is held or backed by Fannie, and therefore eligible for the program. Mortgages backed by the FHA and other government agencies don’t qualify.<br /><br />Can homeowners qualify for the program if they’re current on the mortgage?<br /><br />No. The program is open only to borrowers who have missed a payment and who therefore can show that they can’t afford their current mortgage payments. A borrower’s mortgage servicer must also show that the borrower isn’t eligible for a loan modification. Potential tenants have to demonstrate that market rent wouldn’t exceed 31% of their monthly gross income, and borrowers who are 12 or more payments past due on their mortgage aren’t eligible.<br /><br />Could borrowers-turned-tenants buy their home back when the lease expires?<br /><br />Unlikely. Fannie says that at the end of the initial lease term, they may choose to extend the lease or “offer for sale to any qualified home buyer.” Most borrowers who have recently missed mortgage payments and executed a deed-in-lieu probably won’t have strong enough credit or enough cash to be able to buy a home.<br /><br />Can borrowers intentionally default in order to be eligible for the lease program?<br /><br />Again, it’s unlikely. Fannie says that “borrowers would not qualify for a deed-in-lieu, and therefore not qualify for a deed for lease, if it is determined that they can afford their current mortgage payments.”<br /><br />Are there any other restrictions?<br /><br />Second lien mortgages aren’t eligible, and any subordinate liens secured against the borrower must be released. Borrowers can’t be involved in an active bankruptcy proceeding and aren’t parties to any litigation on the property or the loan. Properties also couldn’t be rented if rented homes would violate zoning or homeowners’ association rules.<br /><br />Who will manage the properties?<br /><br />Fannie Mae has contracted with a national property management company to handle maintenance and property management. Here’s a full list of <a href=\"https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2009/0933.pdf\" target=\"_blank\">rules and regulations</a>, Fannie’s <a href=\"https://www.efanniemae.com/sf/servicing/d4l/pdf/d4lfaqs.pdf\" target=\"_blank\">FAQ</a>, and a page that includes <a href=\"https://www.efanniemae.com/sf/servicing/d4l/pdf/d4lborrowerinstructions.pdf\" target=\"_blank\">borrower instructions</a> for the program.<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-6249291182207206749?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div><div class='RSS_Entry'><h1><a href='http://azreconsultantmatthew.blogspot.com/2009/11/less-foreclosure-notices-filed-in.html' target='new'>Less Foreclosure Notices Filed in October</a></h1><h2>11/12/2009 8:40:00 AM</h2><p>October showed the third straight monthly decline in the number of foreclosure noticed filed across the valley. The decline is attributed to foreclosure-prevention programs - banks are starting to embrace the concept of working with the homeowner to come up with viable alternatives to foreclosure.<br /><br />It also has appeared that Arizona has fallen to 4<span class=\"blsp-spelling-error\" id=\"SPELLING_ERROR_0\">th</span> place in foreclosure filings, trailing Nevada, California, and Florida,<br /><br />Still, foreclosures remain near record highs and the mortgage industry is still struggling to manage the onslaught. The government has had to push many lenders to participate in the Obama administration's loan-modification plan<div class=\"blogger-post-footer\"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2600268449938105194-3835913387533334258?l=azreconsultantmatthew.blogspot.com' alt='' /></div></p></div>");