Green building conference comes to Phoenix

The U.S. Green Building Council is holding its annual Residential Summit in the metro Phoenix Nov. 11th through the 13th. The event is expected to draw thousands of developers, planners and investors from across the country.

According to the U.S. Department of Energy, households account for 20 percent of energy consumed and 21 percent of carbon emissions.
 
The Green Building Council estimates that as many as 120 million U.S. homes need energy efficiency improvements and retrofits.
 
Former Vice President Al Gore is the keynote speaker. He will speak at the Arizona Diamondbacks’ Chase Field  Wed. Nov. 11th. Grammy winner Sheryl Crow …

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Posted by CatherineReagor’s Blog

Update on homebuyer credit extension

The first-time homebuyer tax credit is one step closer to being extended.
U.S. Senate Democrats agreed this week to back the extension. The latest version of the legislation calls for pushing back the deadline on the homebuyer tax credit program to April 30th. And home sales don’t have to close by that date to qualify. The purchase paperwork just has to be signed by the end of April 2010. First-time homebuyers with signed contracts have 60 days after the April 30th deadline to close on their house.
The current legislation also allows move-up buyers, who have lived in their current home for …

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Posted by CatherineReagor’s Blog

Why aren't more homeowners walking away?

A University of Arizona professor has some new advice for homeowners who owe more than their house is worth: consider walking away.
The controversial advice comes from Brent White, an associate law professor, who recently completed a discussion paper called “Underwater and Not Walking Away: Shame, Fear and the Social Management of the Housing Crisis.” His theory is more homeowners could be walking away from their mortgages but aren’t because they’re being shamed by banks and politicians to keep paying or their credit will be ruined, and that isn’t fair.
“It’s unfair that responsible homeowners, who bet on the housing market just …

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Posted by CatherineReagor’s Blog

Ilegal foreclosure auctions in Maricopa County

When foreclosure homes come up for public auction in Phoenix, a minimum opening bid is set and bidding is open to anyone.
At least that is the way it’s supposed to work.
But a Republic investigation into the daily public auctions held on the Maricopa County Courthouse steps and at some local law offices suggests a growing number of homes are sold for less than the posted opening bid.
Prices on some foreclosure homes are being dropped below the opening bid just hours or even minutes before the auction. Buyers aware of the "drop bids" scoop up the houses before other bidders know …

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Posted by CatherineReagor’s Blog

Federal refinancing aid extended

The federal government has added a year to the Home Affordable Refinance Program, known as HARP.
 Part of the $75 billion housing aid package, HARP allows homeowners who are underwater, meaning they owe more than their house is worth due to falling home values, to refinance to a lower interest rate.
 Now, homeowners who owe up to 125 percent of what their home is worth have until June 2011 to try to refinance under the plan.
About 190,000 homeowners have been able to use the program to refinance so far.
The original limit was 105 percent, which helped very few Arizona homeowners. …

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Posted by CatherineReagor’s Blog

Arizona foreclosure help legislation

Arizona Democrats have introduced a package of legislation to help tackle the state’s foreclosure crisis, and protect homeowners.
HB 2715 would give homeowners facing foreclosure another 60 days to work out a loan modification.
HB 27404 calls for allowing renters in foreclosure homes to stay in the house and continue to pay affordable rents, and homeowners who lose homes to foreclosure to remain as renters;
HB 2766 requires a landlord to give a renter at least 30 days notice if they have to move out of a foreclosure home
HB 2321 requires homes to be maintained during the foreclosure process.
HB 2739 creates a mandatory …

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Posted by CatherineReagor’s Blog

344 E AEPLI DRIVE, TEMPE, AZ — 5bed/3bath — $294,000

344 E AEPLI DRIVE, TEMPE, AZ — 5bed/3bath — $294,000

Contact ZipRealty at 1.800 CALL ZIP — Great location for schools, shopping and freeways. Perfect set up for mother-in-law, teens or college students. Addition to the original house has two bedrooms, jack and jill bath, den with a fireplace and two separate entrances. Remodeled kitchen with all new appliances and updated lighting/skylights bring this mid century ranch into the 20th century. Energy efficient with north south exposure, newer ac and solid block construction with attractive apache stone faade. Solar powered rv gate to access covered parking for three cars/toys, plus parking in the front. Plenty of storage with two 8 ft. Storage sheds. Low maintenance front yard and irrigated back yard. This is a resale, can close quick.

More info on the original post of thisPhoenix Real Estate Listing here.

3939 S RIM ROAD, GILBERT, AZ — 3bed/3bath — $149,900

3939 S RIM ROAD, GILBERT, AZ — 3bed/3bath — $149,900

Contact ZipRealty at 1.800 CALL ZIP — Great location and community – power ranch! Low maintenance home and yard with brick pavers. You can get onto the freeways in minutes… Great shopping at san tan village close by and restaurants down the street. Upgraded home! Open kitchen & family room with granite counters and cherry cabinets. Clean stainless steel appliances to complete the look of a modern kitchen. Great for first time home buyer or investor. Park is just across the street. Power ranch has several fantastic ammenities – clubhouse, pool, parks, spa, walking trails and lakes – you must see this house!!

More info on the original post of thisPhoenix Real Estate Listing here.

5335 E SHEA BOULEVARD NO.2111, SCOTTSDALE, AZ — 1bed/1bath — $79,900

5335 E SHEA BOULEVARD NO.2111, SCOTTSDALE, AZ — 1bed/1bath — $79,900

Contact ZipRealty at 1.800 CALL ZIP — Great short sale condo in the heart of scottsdale. Close to fantastic shopping and eating! Comes with a 1 car private garage…Highly upgraded condo unit with granite countertops, cherry cabinates and a balcony. Within a short walking distance to the poo, spa and clubhouse with work out facility. Quiet 2nd floor unit that was well taken care of. Great for a vacation home or investment. Hurry this one is not going to last…

More info on the original post of thisPhoenix Real Estate Listing here.

20100 N 78TH PLACE NO.2113, SCOTTSDALE, AZ — 2bed/2bath — $145,000

20100 N 78TH PLACE NO.2113, SCOTTSDALE, AZ — 2bed/2bath — $145,000

Contact ZipRealty at 1.800 CALL ZIP — Not a short sale nor foreclosure ** ideal location in prestigious grayhawk in north scottsdale ** unit overlooks state of the art fitness center ** features 2 pools, spas, clubhouse, game room, concierge ** shopping, golfing, biking/hiking trails near the loop 101 ** neutral paint, carpet, and tile ** includes refrigerator and full size washer and dryer. Onsite property management for investors.

More info on the original post of thisPhoenix Real Estate Listing here.