Recent Posts: Uncategorized

Post Image

Seller Financing Restrictions.

If you are thinking of selling your property with a carry back loan, the Dodd-Frank Act created rules applying to residential seller financing. A carry back loan makes a property more attractive as a buyer doesn’t have to come up with the entire purchase price in cash. The first restriction eliminates carrybacks on properties owned […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

The Bank of Mom and Dad.

Coming up with a down payment can be difficult for young home buyers and those with high student-loan debt. But many mortgage programs allow parents to help fund their children’s down payment. There are of course hoops to jump through to assure the lender that the down payment is not an undisclosed loan. The money […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Read the Fine Print and Win Money.

Do you read all of the contractual terms before you click “accept”? As a lawyer, I try to. You may want to start also, as a woman read the fine print on an travel insurance contract ended up winning $10,000. The insurance company Squaremouth said that many travelers buy travel insurance without actually reading the […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

My Scottsdale Ranch Listing.

This single story home (MLS #5848631) is located in the desirable, gated Scottsdale Ranch neighborhood of Suntree East. The entry is through an inviting courtyard with plenty of room for relaxing outdoors. A two-way, real wood burning fireplace divides the dining and living areas. The kitchen boasts a granite counter top and back splash, stainless […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

IRS Announces Opportunity Zone Designations.

Want to pay less tax on your real estate investments? A new community redevelopment program for economically distressed communities called Qualified Opportunity Zones (QOZs) offers significant tax benefits. One of the incentives works like a 1031 exchange, allowing a taxpayer to defer tax on gain from the sale of appreciated property in a QOZ if […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

International Napping.

If you shop for a home overseas, work habits in many countries may be different from what you are used to. For example, in Spain, the siesta is sacred. People work from early morning until 1:30 p.m., and then in the evening from 5 p.m. on. From 3 p.m. until 4:30 – 5 p.m. its […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Horrifying Home Stories for Halloween.

A real estate photographer was taking photos of an old home with the agent present. Afterwards he looked at one of the photos taken in a room with a mirror when the agent was standing behind him. But in the reflection from the mirror, instead of showing the agent, the picture had an old man […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

More Horrifying Home Stories for Halloween.

An agent’s buyer had a sister-in-law that was a medium. After the buyer put a contract on a home, the sister-in-law went through the home during the inspection to make sure there were no malevolent spirits lingering. As she left, she said: “I got rid of two, but there is a spirit in the front […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Horrifying Home Stories for Halloween.

In an Oklahoma City neighborhood, an old two-story house was on the market. The floors weren’t level, the steps squeaked, and it felt like someone was watching anyone inside. But what really creeped out an agent previewing the home was when he noticed light coming from the basement – but the house had no electricity. […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Support Animal Charities Through SimplySOLD™.

Do you love animals? SimplySOLD™ does, and donates each time a qualifying transaction closes. The organizations we support include the Arizona Humane Society and the Hermitage Cat Shelter in Tucson. This year so far, we have made out checks for over $850 to various animal charities. If you love dogs and cats, buy or sell […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

House Warming Customs.

In the U.S., its common for a buyer to receive a gift after they purchase a home. In Germany the tradition is to give a small cup of salt and a loaf of bread to someone who’s moved into a new home. These food staples symbolize lifelong prosperity.

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Lot Shortage Problems Persist.

Finding suitable lots remains a top concern among home builders. Lot shortages are the most problematic in what are considered “A” — or the most desirable — locations. 62% of builders reported that the overall supply of developed lots in their areas was low to very low, according to a survey conducted by the National […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Death and Home Building in Ancient Times.

In ancient times a lot of things could get you killed, including building a house. For example, the law created by the Babylonians known as the Code of Hammurabi included some stiff penalties for builders of unsound homes: “If a builder builds a house for someone, and does not construct it properly, and the house […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Love Animals? Support the Humane Society Through SimplySOLD™

SimplySOLD™ donates to the Arizona Humane Society each time a qualifying transaction closes. In the last 8 months, I have sent checks to AHS in an amount over $1,000. If you love animals, buying or selling a home through SimplySOLD™ will contribute to the welfare of animals in the care of AHS.

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Have You Heard?

Mark loves to speak to groups and share his knowledge and expertise for no charge. He is available to address your company, club, or organization on the Arizona real estate market. Get educated and learn how to save money and protect yourself when you buy or sell a home. If your group needs a speaker, […]

Area: sqft Bed Room:  Price: 
City:  Location: