Check out the attached U-Tube video about Lennar's Next Gen
SM - The Home Within A Home
SM is not a casita. It’s a complete Private Suite with direct access to the main home but also includes it’s own separate entrance, great room, kitchenette with GE® appliances, bedroom, bathroom, laundry area, intimate outdoor living space and it’s own garage. It’s like getting two homes for one payment.
This floorplan is extremely flexible and the uses are endless! This versatile space can be used for your senior parents, your college student, a playroom, your home office, the ultimate man cave, a gym, a spacious craft or hobby rooms, a private guest suite, your live-in help/caregivers quarters or whatever you imagine
Contact Anna-Lise Troup for more information about Lennar's
Destiny at Dove Mountain in Marana, Arizona. Prices from $236,990s - $300,990s. From 1,955 - 2,945 sq. ft.
DON'T SETTLE FOR LESS THAN EVERYTHING! INCLUDING...AN EXTRA HOME WITHIN YOUR HOME.
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Anna-Lise Troup Tucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 ---
Tucson Real Estate, Condos, Homes for Sale Free Relocating to Tucson, AZ Information Kit Davis-Monthan AFB Relocation Information ---
# posted by
Anna-Lise Troup @ 11:34 AM
What is a CDPE?
When your roofing needs to be replaced, you consult a roofing expert. When there's a problem with your computer, you consult a technician who understands the issues of your particular model. And when a loved one becomes sick, you seek answers from medical professionals specifically trained in that particular illness. Similarly, in this current economic crisis, millions of homeowners facing financial hardship and possible foreclosure action are requesting the help of agents with the Certified Distressed Property Expert® (CDPE) designation. A CDPE is a real estate professional with specific understanding of the complex issues that confront homeowners in distress. Through comprehensive training and market experience, CDPEs are able to provide real solutions for homeowners facing hardships in today's market.
The prospect of foreclosure can be financially and emotionally devastating, and often homeowners proceed without guidance of any kind. CDPEs believe that in almost all cases, the best course of action for a homeowner in distress is to speak with a well-informed, licensed real estate professional. They have the tools necessary to help homeowners find the best solution for their particular situation. While enduring financial difficulties are challenging for any family, the process of finding a qualified real estate professional should not be. Anna-Lise Troup has achieved the CDPE designation, ensuring you deal with a professional trained to address your specific needs. CDPEs don't merely assist in selling properties, they serve and help save their clients in need.
For more information, visit
http://www.cdpe.com/.
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Anna-Lise Troup Tucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 ---
Tucson Real Estate, Condos, Homes for Sale Free Relocating to Tucson, AZ Information Kit Davis-Monthan AFB Relocation Information ---
# posted by
Anna-Lise Troup @ 6:23 PM
Foreclosure Solutions
The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to Southern Arizona residents for foreclosure are many. Following is a brief explanation of these solutions, including their benefits and drawbacks:
Reinstatement
A reinstatement is the simplest solution for a foreclosure, however it is often the most difficult. The homeowner simply requests the total amount owed to the mortgage company to date and pays it. This solution does not require the lender's approval and will 'reinstate' a mortgage up to the day before the final foreclosure sale.
•Benefit: Does not require the mortgage company or lender's approval.
•Drawback: Requires that a homeowner be able to pay all back payments, fines and fees.
Forbearance or Repayment Plan
A forbearance or repayment plan involves the homeowner negotiating with the mortgage company to allow them to repay back payments over a period of time. The homeowner typically makes their current mortgage payment in addition to a portion of the back payments they owe.
•Benefit: Allows the homeowner to make back payments over time.
•Drawback: Requires that a homeowner be in a financial position to pay not only their current mortgage, but also a portion of the back payments owed. Some mortgage companies will require a homeowner to 'qualify' for forbearance.
Mortgage Modification
A mortgage modification involves the reduction of one of the following: the interest rate on the loan, the principal balance of the loan, the term of the loan, or any combination of these. These typically result in a lower payment to the homeowner and a more affordable mortgage.
•Benefit: Reduces the payment a homeowner is required to make on a monthly basis and may reduce the principal balance of the loan
•Drawback: Requires that a homeowner 'qualify' for the new payment and will often require full documentation. Lender has to be actively pursuing modifications.
Rent the Property
A homeowner who has a mortgage payment low enough that market rent will allow it to be paid, is able to convert their property to a rental and use the rental income to pay the mortgage.
•Benefit: Allows homeowner to keep property indefinitely.
•Drawback: The issues that can arise with a rental property are many, and rent often does not cover the full cost of property ownership and maintenance.
Deed in Lieu of Foreclosure
Also known as a 'friendly foreclosure', a deed in lieu allows the homeowner to return the property to the lender rather than go through the foreclosure process. Lender approval is required for this option, and the homeowner must also vacate the property.
•Benefit: Many times in a successful deed in lieu, the lender will forego their right to a deficiency judgment.
•Drawback: Requires that a homeowner vacate the property, and a deed in lieu may be reported to credit bureaus as a foreclosure.
Bankruptcy
Many have considered and marketed bankruptcy as a 'foreclosure solution,' but this is only true in some states and situations. If the homeowner has non-mortgage debts that cause a shortfall of paying their mortgage payments and a personal bankruptcy will eliminate these debts, this may be a viable solution.
•Benefit: Does not require lender approval.
•Drawback: If a homeowner cannot afford their mortgage payment, a bankruptcy will only stall—not stop—the foreclosure process. Bankruptcy can be costly, is damaging to credit scores, and can only be declared once every seven years.
Refinance
If a homeowner has sufficient equity in their property and their credit is still in good standing, they may be able to refinance their mortgage.
•Benefit: In some cases, this will lower payments.
•Drawback: In today's market, a refinance will almost always raise mortgage payments, and is an expensive process.
Servicemembers Civil Relief Act (military personnel only)
If a member of the military is experiencing financial distress due to deployment, and that person can show that their debt was entered into prior to deployment, they may qualify for relief under the Servicemembers Civil Relief Act. The American Bar Association has a network of attorneys that will work with servicemembers in relation to qualifying for this relief.
•Benefit: If qualified, this will lower payments on all consumer debt in addition to mortgage payments.
•Drawback: Must be active military to qualify.
Sell the Property
Homeowners with sufficient equity can list their property with a qualified agent that understands the foreclosure process in their area.
•Benefit: Allows homeowner to avoid foreclosure and harvest some of their equity.
•Drawback: In many cases today, homeowners do not have sufficient equity to sell their property without negotiating a short sale (see next solution).
Short Sale
If a homeowner owes more on their property than it is currently worth, then they can hire a qualified real estate agent to market and sell their property through the negotiation of a short sale with their lender. This typically requires the property to be on the market and the homeowner must have a financial hardship to qualify. Hardship can be simply defined as a material change in the financial stability of the homeowner between the date of the home purchase and the date of the short sale negotiation. Acceptable hardships include but are not limited to: mortgage payment increase, job loss, divorce, excessive debt, forced or unplanned relocation, and more.
•Benefit: A short sale allows the homeowner to avoid foreclosure and salvage some of their credit rating. This also keeps foreclosure off the individual's public record, and in many cases will allow the homeowner to avoid a deficiency judgment. Borrower may qualify for another mortgage in as little as 24 months (as opposed to five years for a foreclosure).
•Drawback: Short sales can be a trying process in which a homeowner is best served by contracting with a qualified real estate agent to guide the way.
This represents only a summary of some of the solutions available to homeowners facing foreclosure. Please call me today for a free confidential evaluation of your individual situation, property value, and possible options. Anna-Lise has the following designations and training: Certified Short Sale Negotiator (CSSN), Short Sale and Foreclosure Resource (SFR) and Certified Distressed Property Expert (CDPE).
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Anna-Lise Troup Tucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 ---
Tucson Real Estate, Condos, Homes for Sale Free Relocating to Tucson, AZ Information Kit Davis-Monthan AFB Relocation Information ---
# posted by
Anna-Lise Troup @ 6:20 PM
Below are some highlights from the March Residential Sales Statistics: Total Sales Volume increased significantly in March by 39.13% over February, and is up 21.96% from March 2011.
Average Sales Price is up 2.21% from February.
Average List Price increased from $171,723 in February to $173,890 in March.
Under Contract increased 6.07% over February and 29.04% over March 2011.
Total Unit Sales rose 36.11% over February are up 18.65% over March 2011.
The Median Sales Price jumped up to 132,900, an increase of 6.32% over February.
Average Days on Market decreased to 73 from February’s number of 77, and decreased 13.10% from March 2011.
New Listings shows an increase of 14.59% over February. Beginning January 2012, TAR/MLS implemented a change in the calculation of New Listings to include all new listings input to the MLS database.
Click on the title of this article to view the entire report.---
Anna-Lise TroupTucson REALTOR/Davis-Monthan AFB PCS ExpertRealty Executives(520) 906-5659---
Tucson Real Estate, Condos, Homes for SaleFree Relocating to Tucson, AZ Information KitDavis-Monthan AFB Relocation Information---
# posted by
Anna-Lise Troup @ 1:06 PM