Did You Know:  Breaking ground in spring 2011, Avondale School District will be building a new 21,700 square foot District Office with a maintenance and transportation facility. It will feature covered bus parking with solar panels above it.  The plan is going to bring an element of the old in with the new and give a modern facility the community can utilize.

Did you Know:  Arizona Public Service is building a huge solar project at Luke Air Force Base 

Did you Know:   A new Police Precinct will be opening at 2111 S. 99^th Avenue, and will be known as the Estrella Mountain Precinct.  There will be 260 officers, as well as, two squads of detectives.   The new Precinct will be used to help keep neighborhoods safe.

Did You Know:  Luke Air Force Base is one of the largest air base in the world.  Luck trains 75% of al F-16 pilots ad files more than 180 training sorties a day.  More than 7,000 airmen are station at Luke.  Thank you for your service to the 7,000 men and women that are currently stationed at Luke.

Did you Know:  The face lift of Buckeye Elementary is nearly complete.

Did you Know:  In Litchfield Park, there is a wildlife zoo called Wildlife World Zoo & Aquarium. The Wildlife World Zoo & Aquarium is home to Arizona’s largest collection of exotic animals.  Just a few friends you will see there are exotic birds, tigers, lions and the Aquarium is a must see.  The habitants at the Zoo are in an open natural environment.

Canyon Trails Goodyear AZ

Canyon Trails is a community in Goodyear and is known for  hosting small town values and big city amenities.   This community is close to everything, sports, shopping, movies, restaurants, schools and golf courses, not to mention, it  is conveniently located to major highways – I10, Loop 101 and Loop 303.   The community center has a pool to cool those desert days as well as a recreation center, park and volleyball/basketball courts.   If an after dinner walk is something you enjoy, you will love the lighted walking trails.  Homes for sale currently range from $79,900 to $375,000.    If a new build is something that you have an interest to you, The Krone Team at Keller Williams has a relationship with the builders where we can get you more incentives and help you with all the negotations.

How long the escrow process is depends on many factors. The single most important is what type of property you are making an offer on. When purchasing Goodyear and Buckeye Arizona real estate, there are three basic types of homes on the market.

1)      “Regular” sales or homeowners with equity in their home. Most of these are homes that were originally purchased before the housing boom and the seller is not upside down. “Flip” properties are also included in this category. Flips are properties purchased by investors, renovated, and then resold for a profit. These types of sales generally close within about 30 days of contract acceptance. There can be delays with some flip properties

2)      Short sales are properties where the owner is upside down and the bank must approve the sale “short” of what is owed. Short sales can take longer to close due to the banks approval process. All banks have different timeframes but the typical short sale will close between 45-90 days from contract acceptance. Exceptions can be found and a professional REALTOR is the best weapon in a home buyers arsenal.

3)      Bank owned, REO, and foreclosures are all the same thing. These are homes that the bank has taken back the property from the homeowner. In most situations foreclosures can be easier to deal with that short sales. Care should be taken when reviewing the banks policies and procedures. Many bank owned homes are “As-IS” and special attention should be given to the inspections.

These are general numbers and timeframes. Each individual property is different. The best advice is to retain a professional buyer’s agent to help guide you through the process. The Krone Team has several dedicated Buyer Specialists to make your next home purchase as pleasurable as possible.

In today’s competitive real estate market, timing is everything.  Beat other home buyers to the hottest foreclosure and new homes for sale in the West Valley.  When you hire us to perform an MSL search, this will notify you of all West Valley properties that match your criteria.There are many folks who are “on the fence” right now and cannot seem to make the decision to move forward and purchase a home.   We understand why!  The market has been  so different than anything we have ever experienced.,.no one knows what to think.

Here are a few reasons why it is a GREAT time to buy, especially in the West Valley

Market…The West Valley includes Avondale, Goodyear, Buckeye, Litchfield Park, Surprise and Glendale, just to name a few and there are deals to be found in all of these markets.

Reason One:  RATES! Money has not been this affordable in most peoples home buying life!  You can get fixed rate loans under 5% – That is just CRAZY!

Reason Two: Inventory, currently just in the cities names above, there are currently 4,377 homes for sale ranging from $21,200 to $2,700,000.   There are A LOT of choices for home buyers.  Inventory is remaining high and the general feeling is that we will continue to have new homes coming on the market for sometime.

Reason Three:  Short sales just may be getting easier to close.  The newly introduced HAFA programs has many servicers actually processing short sales in a reasonable amount of time!    Why Short Sales?  Often they are still occupied and are in better condidtion than competing foreclosure properties.  The West Valley real estate market is settling in to this “new normal…more short sales and foreclosures than “regular” sales.

Reason Four:  Huge need for single family rentals!  If you are considering investing.,..now is the time!  With so many families being displaced due to losing their homes…there is a GREAT opportunity for investors to get into our market.  Many people can not live in apartments as they have pets and/or a need for a 3 car garage or RV parking.  With rates so low…even Investor rates are low…positive cash flow is attractive.

LET US HELP YOU GET OFF THE FENCE

If you own real estate in the West Valley, that you are thinking of selling, we would be happy to provide you with a FREE Home Evaluation, commonly referred to as a CMA.

The numbers are showing that this appears to be the trend. There has been a definite history of Litchfield Park Real Estate short sales over the last three years; however, the market that is presently being impacted in the short sale arena is the properties which were once valued at over $700,000 now being sold as a short sale in the $300,000 to $400,000 range. Litchfield Park Real Estate has always been a desirable area for the upper end-buyer, it’s just now that we are seeing buyers taking advantage of opportunities of ownership which would have been out of their price range just a few short years ago. Many owners of upper end Litchfield Park Real Estate are now coming to the realization that it would be a decade or more before the values return to what is owed on the property. The Krone Team is assisting many of these sellers with “strategic short sales”, as well as assisting many buyers who are taking advantage of today’s pricing.

Are you looking for Real Estate to purchase a home in Goodyear, Litchfield Park, Avondale or Buckeye, Arizona? Would you like more information on how to qualify for a 1% down program to help you get into your new home at the lowest cost to you possible? You can use this program for up to 1 to 4 family homes and many approved condominiums in the Goodyear, AZ area. Give the Krone Team a call today to get started!

The One Percent down program is designed to provide you up to 2 ½ percent of the down payment as a gift utilizing an FHA mortgage. The gift never has to be paid back and is not a silent second mortgage nor is it added to the loan whatsoever for your home purchase. You can get qualified to purchase your home in Goodyear, Litchfield Park, Avondale and Buckeye today. This is not a seller funded down payment. It has extremely competitive interest rates. This program is not just for first time home buyers and has flexible loan approval guidelines. To find out more information on how you can qualify for this incredible opportunity today contact: Mike@kroneteam.com.