Prescott HUD Homes, Foreclosures and Short Sales: Prescott, Prescott Valley, Chino Valley, Dewey, Clarkdale, Cornville, Camp Verde, Sedona AZ Foreclosures , Bank Owned, REO, Short Sale Properties are what we do best. We are a dedicated, certified team of foreclosure/short sale specialists working HUD Homes, Foreclosure, and Short Sale properties in Yavapai County, Arizona. If you are looking for a foreclosed property in Prescott or surrounding Yavapai County, Call us today!!! 928-237-4455
Dec 28, 2009
New Prescott Area Foreclosures
New Prescott Foreclosures
Prescott Valley and Chino Valley Foreclosures
All other Yavapai County Foreclosures
Please feel free to call or email with any questions.
Happy New Year!
Stephanie Woods Team
Keller Williams Check Real;ty
928 237-4449
Dec 16, 2009
Prescott Forclosure LIst
All other Yavapai Country Foreclosures
Please feel free to give us a call or email with any questions. Our goal is to make it easy for you to find and purchase a great Prescott area REO home.
Stephanie Woods Team
(928) 237-4455
Dec 13, 2009
Nov 24, 2009
Highland Ranch Bank Owned Property in Chino Valley, AZ
To view this home before it's gone call today
The Stephanie Woods Team
928-237-4455
We also have a list of pre-foreclosures that are not yet on the market. Call today to find out more.
Nov 23, 2009
For Sale: 3BR/2BA Single Family House in Prescott Valley, AZ, $143,500
To check out this great home click on the link and give us a call today to view it before it is gone
The Stephanie Woods Team
928-237-4455
Nov 18, 2009
Prescott REO Homes and the New Tax Credit
Prescott Arizona REO properties are still a large part of the Prescott housing market currently accounting for about 35% of the sales with only 10% of the listings. Many bank owned properties come with perks such as home warranties or seller paid closing costs which make the deals even more attractive. On top of those, President Obama has signed a bill that extends the existing tax credit for first time homebuyers into the first half of 2010. The extension continues the existing tax credit for 10% of the purchase price up to a maximum of $8,000 for first time homebuyers (anyone who has not owned a home in the last three years).In addition, the new bill also opens up opportunities for others who are not buying a home for the first time. For buyers who have owned a home for five of the last eight years and are purchasing a new primary residence they will receive a tax credit of 10% of the purchase price up to $6,500. They do not need to sell their existing residence to qualify, but they must move into the new home as a primary residence. This expansion of benefits to non-first time buyers is particularly helpful for a large segment of the Prescott area buyer's market. We all know what a great place Prescott is to live in and we are not alone. Most Prescott agents have an extensive list of prospective buyers who intend to move to Prescott in the future. This $6,500 incentive seems almost tailor made for this traditional Prescott buyer base.
In both cases, buyer income caps apply. There are other details of the bill that may impact individual situations. Ask me to recommend local mortgage brokers who will be happy to consult with the buyer's CPA to determine exactly what their credit is likely to be.
Both tax credits apply to purchases under contract by April 30th 2010 and they must close before June 30th 2010. This give Prescott REO buyers approximately five months to find a home and write a contract. Additionally, Federal Reserve bond purchase programs that have helped keep rates low over the last year are currently winding down. Many forecasts suggest rates in 2010 will average more than half a percentage point above current levels. Local appraisers are telling us values are stable in almost all of Yavapai County and do not show signs of continued decline. Combine the short window on the tax credit, the likely rise in rates and stabilization of prices and its hard to imagine a better opportunity for buyers than right now.
Nov 9, 2009
New Prescott Short sales and REOs
New Prescott Valley & Chino Valley short sales and REOs
All other new Yavapai County Short sales and REO's
As always if you have any questions about any of these properties please give us a call.
All the Best,
Nov 2, 2009
Prescott Valley Foreclosure New on Market
1506 square feet, 3 Bedrooms 2 1/2 baths
Only $150,000
Click on the Title for photos and details.
Stephanie Woods Team
Keller Williams Check Realty
928 237-4455
Oct 31, 2009
FORECLOSURE ON THE GOLF COURSE
We have a large selection of foreclosures not yet on the market. Call us today to see if we have something to meet your needs.
The Stephanie Woods Team
928-237-4455
Oct 30, 2009
Oct 22, 2009
$8,000 First Time Homebuyer Tax Credit to be Extended?
Tax Credit extension likely?
Oct 19, 2009
NEW Prescott Valley Foreclosure
You are the first to know!
Noel Ct, Prescott Valley,
1300 Sq Feet
3Bed 2Bath
Built in 1994
Only $99,000
Need Money? We have lenders who can get you up to a 22% Down payment that you do not need to repay!
Tax Credit expires end of November, time is running out
Call the Stephanie Woods Team
928-237-4455
Weekly Foreclosure List Oct 12 thru Oct 19, 2009
What a beautiful weekend it was here in Prescott. Hopefully this weather continues for a while. Here is your weekly foreclosure list for the week of Oct 12 thru Oct 19, 2009. It was a slower week for foreclosures, 19 this week. If any of these interest you or if you know anyone that may be interested please do not hesitate to call us. We would love to help you!!
http://www.paarmls.org/prs/maildoc/sd_AAAa005Pl20091019091423.html
The Stephanie Woods Team
928-237-4455
Oct 12, 2009
Weekly Foreclosure List Oct 5 thru Oct 12, 2009
Hope you had a great weekend and even better week. Here is the weekly foreclosure list for the week of Oct 2 thru Oct 12, 2009. Again, now is the time to buy, the prices on these homes are unbelievable!! If you are in the market for a new home or know someone that is PLEASE act now and give us a call. Remember there is still time for the $8,000 tax credit and there are loans out there that can get you into a foreclosure that the government will give you up to 22% down. You could be possibly paying more in rent now than you could be paying to own your own home. Don't let these opportunities pass you by. Have a great week.
http://www.paarmls.org/prs/maildoc/sd_AAAa004PZ20091012094244.html
The Stephanie Woods Team
928-237-4455
Oct 11, 2009
INTEREST RATES ARE DOWN.
"Interest rates for 30-year fixed-rate loans were the lowest since mid-May; 15-year FRMs were at a record low since data were first collected in 1991 and 5-year ARMs also hit an all-time record starting in 2005. Compared to a year ago, consumers could shave almost $134 off their monthly mortgage payments on a 30-year fixed-rate loan for $200,000 by refinancing.
In addition to spurring mortgage demand, applications were up to a 19-week high over the week ending in Oct. 2, according to the Mortgage Bankers Association – applications to purchase a home were at the strongest pace since the beginning of 2009.
Oct 9, 2009
Pre-Listed Foreclosures
Please stay tuned. We have many new bank owned properties coming on the market soom. If you would like a sneak peak e-mail prescottreoagent@gmail.com and ask for our list of properties soon to hit the market. For the commercial investors we will also have a few listings for you.
928-237-4455
The Stephanie Woods Team
Keller Williams Check Realty
NEW Foreclosure
Oct 5, 2009
Weekly Foreclosures 10/5
Sep 28, 2009
Weekly Foreclosure List 9/21/2009 thru 9/28/2009
http://www.paarmls.org/prs/maildoc/sd_AAAa006JA20090928092359.html
The Stephanie Woods Team
928-237-4455
Sep 21, 2009
Weekly Foreclosures
Time for the weekly Foreclosure list. We have 12 new ones this week. If you are on the hunt for a property please let us know so we can set you up on a customized search that will be sent directly to you. You can either call 928-237-4455 or email PrescottREOagent@gmail.com
http://www.paarmls.org/prs/maildoc/sd_AAAa007KK20090921133528.html
THE MARKET IS CHANGING!! We are picking up. Multiple offers are coming in on these foreclosure. You need to be ready to act quickly and efficiently to ensure you get the property you want.
What you can do to be ready. Get yourself qualified with a lender. We need a loan qualification to present an offer and you need to know what and how much you can afford. Below are 2 recommendations. Please don't wait until the last minute.
Wells Fargo
Cell: 623-606-0809
Anna Newman
Bank Of America
775-6433 x 227
899-8907
Tax Credit ends in November so if you are looking to take advantage of that you need to be in contract with a place by Mid October to close in time!
Thanks Have a great Week!!
Sep 15, 2009
Like New 5 Bedroom
Lauren Ln in Chino Valley
2600 Sq Feet
5 Bed 3 Bath
1 Acre
Separate living Room and Family Room
Fire Place, Stainless Appliances Upgraded Cabinets
LIKE NEW!
$249,000
Call Jessica & Janette 928-237-4455
PrescottREOAgent@gmail.com
Stephanie Woods Team
Keller Williams
Sep 14, 2009
Stoneridge Bank Owned Property
We have 2 new foreclosures that are hitting the market TODAY!
Weaver, Stoneridge Prescott Valley
$256,500.
3654sq ft
4 bedroom 3 bath with
living room, family room, dining room, breakfast nook, and
LARGE office.loft 2 Car garage.
This is an AMAZING PRICE. It WILL go fast. So Call to get your first look!
901 S Yuma, Chino Valley
Under $92,000
1400 Sq feet
2 Bed 1 Bath
2 Acres
2 Garage
CALL to see these before anyone else! 928-237-4455
Stephanie Woods Team
Keller Williams
Weekly Foreclosure List Sept 7 thru Sept 14, 2009
http://www.paarmls.org/prs/maildoc/sd_AAAa004Pw20090914091041.html
The Stephanie Woods Team
928-237-4455
Sep 11, 2009
4 Open Houses
Here is your chance to see 4 open houses.
These are all foreclosures! Priced Low to sell!
1215 Parkside Village, Chino Valley
$149,900 2 Beds 2 Baths 1421 Sq feet
Clean and ready to move in!
490 Lauren, Chino Valley
5 Bedrooms, 3 Baths
This home is like new!
7445 Weaver, Prescott Valley
Newer home in the Stoneridge Golf Community
8101 E Long Mesa, Prescott Valley
3 Bed, 2 baths 1468 Sq Feet
Great Value!
Stop by anytime between 10 and 2 Saturday September 12.
Or Call for a private showing 928-237-4455
901 Yuma, Chino Valley, AZ
Sep 8, 2009
Weekly Foreclosure List 8/31/09 thru 9/07/09
Hope you enjoyed your Labor Day Weekend. It's always nice to have that extra day off. It was a busy week for foreclosures. There were 36 listed this week!! That's almost triple that was listed last week. Take a look at the link for these listings in the week of 8/31/09 thru 9/07/09. Please call us if you would like any more information or would like to see any of these. Have a great week.
http://www.paarmls.org/prs/maildoc/sd_AAAa001Je20090908091249.html
Don't forget to bookmark our page and check back frequently for the latest area Foreclosures and hot pre-listings.
Janette & Jessica
Buyers Agents
The Stephanie Woods Team
928-237-4455
prescottreoagent@gmail.com
Sep 2, 2009
NEW Foreclosure in Prescott Valley
You are the first to know, if you are interested call us to get your viewing before anyone else!
Address: Loos Dr. in Prescott Valley
3 beds 2 Baths
1786 Sq feet
Built in 1986
Sitebuilt
Priced under $78,000
NEED MONEY: We have connections with lenders that can get you up to 22% down on foreclosures!
CALL NOW, before you miss your chance at this great buy!
(928)237-4455
Stephanie Woods Team, Keller Williams
prescottreoagent.com
Aug 31, 2009
1ST TIME BUYERS ARE SHOPPING
Weekly Foreclosure List Week of 8-24 thru 8-31-09
Hope you had a great weekend. Can't believe today is the last day of August, this summer has just flown by. Here is your link for the weekly list of foreclosures that were listed 8-24 thru 8-31-09. There are only 12 new listings this week!!!! I am also including our updated pre-list of homes that are coming on the market but have not been listed yet. This gives you the advantages of knowing what's coming on the market before anybody else. Please contact us for more information if you see something you may be interested in. Have a great week!!
The Stephanie Woods Team
928-237-4455
http://www.paarmls.org/prs/maildoc/sd_AAAa0028h20090831090119.html
Prescott Valley
Pheasant Run Circle
Aug 24, 2009
Weekly Foreclosure List for Aug 17 thru Aug 24,2009
http://www.paarmls.org/prs/maildoc/sd_AAAa001b320090824081523.html
Janette & Jessica
Buyers Agents
The Stephanie Woods Team
928-237-4455
Aug 17, 2009
Weekly Foreclosure List for 8/10/09 thru 8/17/09
It's that time again, here is your weekly foreclosure list for 8/10/09 thru 8/17/09. Foreclosures are continuing to list at an average of 20-25 a week. Please look through them and let us know if we can help in any way. Remember, it's a buyer's market, if you are looking don't let this opportunity slip away!!
http://www.paarmls.org/prs/maildoc/sd_AAAa003_720090817085153.html
Janette & Jessica
Buyers Agents
928-237-4455
The Stephanie Woods Team
Keller Williams Check Realty
Aug 10, 2009
Weekly Foreclosure List 08-03-09 thru 08/10/09
Hope your week is starting off well. Here is the weekly foreclosure list for the week of 8/03/09 thru 8/10/09. Looks as if the quad-city area is averaging about 20 to 25 new foreclosure listings a week. Lots to choose from and see. Please let us know if we can help you with any of these or any others. We would love to work for you. Have a great week.
http://www.paarmls.org/prs/maildoc/sd_AAAa000vV20090810095219.html
The Stephanie Woods Team
928-237-4455
Aug 3, 2009
8/3 Foreclosure listings
Check out this weeks listings!!! Foreclosures are continuing to come on the market daily. There are some great buys out there and now is the time to buy. Please give us a call if you would like to see any of these or if you have any questions. We would love to help you find a home. Just click on the link below for the weekly foreclosure list for the week of 7-27 thru 8-03-2009. Have a great week - try to keep cool!!
http://www.paarmls.org/prs/maildoc/sd_AAAa001rD20090803100454.html
The Stephanie Woods Team
928-237-4455
Jul 27, 2009
June new home sales rise 11 percent
While home prices are still falling, the figures released Monday were another sign the housing market is finally bouncing back. Earlier this month, the government reported that new home construction rose to the highest level since last fall. And data out last week showed home resales rose almost 4 percent in June, the third straight monthly increase.
"The worst of the housing recession ... is now behind us," said David Resler, chief economist at Nomura Securities. "We're turning the corner toward increased activity in housing."
New home sales rose 11 percent in June to a seasonally adjusted annual rate of 384,000, from an upwardly revised May rate of 346,000, the Commerce Department reported Monday.
Shares of big homebuilders soared on the news, with Beazer Homes USA up by more than 13 percent and Hovnanian Enterprises rising 8 percent in afternoon trading. But with home prices still falling, these companies won't be making much money anytime soon.
The median sales price of $206,200 was down 12 percent from $234,300 a year earlier and off nearly 6 percent from $219,000 in May.
In addition to lower prices, buyers are rushing to tax advantage of a federal tax credit that covers 10 percent of the home price or up to $8,000 for first-time buyers. Home sales need to be completed by the end of November for buyers to take advantage.
"The window of opportunity is closing," said Bernard Markstein, senior economist for the National Association of Home Builders.
June's results were the strongest sales pace since November 2008 and exceeded the forecasts of economists surveyed by Thomson Reuters, who expected a pace of 360,000 units. The last time sales rose so dramatically was in December 2000.
There were 281,000 new homes for sale at the end of June, down more than 4 percent from May. At the current sales pace, that represents 8.8 months of supply — the lowest level since October 2007. If that number falls to just over 6 months, analysts say, builders will feel more comfortable ramping up construction.
Fallout from the housing crisis has played a central role in the U.S. recession, now the longest since World War II. Foreclosures have spiked, homebuilders have slashed construction, and financial companies have lost billions.
But it will still be a while before homebuilders turn into an engine for the economic recovery. Construction levels are still weak because builders still have too many unsold homes sitting vacant.
Weekly Foreclosure List
Attached is the link for the weekly foreclosures listed in the week of 7-20 thru 7-27-09. Foreclosures are continuing to come on the market at an incredible rate. The prices of these homes are incredible. If you are looking to buy or know someone that is looking to buy now is the time. There are some remarkable loans out there right now. We can lead you to that right loan officer. Please give us a call if we can help you in any way.
Have a great work week!!!
http://www.paarmls.org/prs/maildoc/sd_AAAa0073t20090727091209.html
Janette & Jessica
Buyers Agents
The Stephanie Woods Team
928-237-4455
Jul 24, 2009
HUGE PRICE REDUCTION!
Haystack Rd, Chino Valley
Reduced to $390,000
Home is 3600 Sq Feet Tuscan Style
Custom Home, Well designed, BEAUTIFUL!!
3 Car Garage
7AC
8800 Sq Feet Barn
Cooled, automatic Waters
16 Stalls
2 Bath Rooms
NICE!!
Want to see this AMAZING home Call 928-237-4455! Janette
This Home is well worth a look. Appraised for over a Million a when built.
Fannie Mae Toughens Guidelines On 2-Unit Homes, Trailing Spouses And Retirement Portfolios
After reviewing recent unemployment data and market fluctuations, plus patterns of mortgage fraud, Fannie Mae is making major mortgage guideline changes for the first time in more than 6 months.
The changes are broad, impacting 15 separate areas of the mortgage approval process as detailed in Fannie Mae's official announcement.
Across-the-Board Guideline Changes:
- Credit, income and asset documentation can't be more than 90 days old. The former guidelines allowed for 120 days.
- Lenders must compare actual federal tax returns from the IRS to a borrower's supplied income documentation. Previously, this review step was at the lender's discretion.
- "Tip" income must be verified.
- Trailing secondary wage earning is now prohibited. This means that P&G employees relocating to Cincinnati can't use a spouse's "expected" Cincinnati income until that spouse actually has a job.
- Stocks, bonds and mutual funds get assigned 70% of current market value. Formerly, this was 100%.
- Retirement assets get assigned 60% of current market value. Formerly, this was 70%.
By themselves, these bullet points would kick more than a handful of home loans out of the underwriting queue but of all the changes Fannie Mae is making, the most impactful one may new its new restrictions on mortgages for 2-unit properties.
Until now, Fannie Mae had treated duplex homes as somewhat "safe", granting them the same liberal underwriting policies as for a single-family home. Because of defaults and fraud prevention efforts, though, Fannie Mae decided to make getting approved for a 2-unit property decidedly more difficult.
Minimum credit scores are higher and maximum loan-to-values are lower.
When your 2-unit is your Primary Residence:
- Purchase: Maximum LTV lowered to 80%; 640 minimum FICO.
- Rate-and-Term Refinance: Maximum LTV lowered to 80%; 640 minimum FICO.
- Cash Out Refinance: Maximum LTV lowered to 75%; 680 minimum FICO.
When your 2-Unit is an Investment Property
- Purchase: Maximum LTV lowered to 75%; 660 minimum FICO.
- Rate-and-Term Refinance: Maximum LTV lowered to 75%; 660 minimum FICO.
- Cash Out Refinance: Maximum LTV lowered to 70%; 680 minimum FICO.
Overall, Fannie Mae's new 2-unit guidelines restrict loan-to-value limits by as much as 15 percent and raise minimum FICOs by up to 40 points -- 2 major shifts in policy. Because of it, going forward, fewer 2-unit mortgage applicants will qualify for mortgages and that should slow both purchase and refinance activity in the 2-unit market until the market returns to balance.
It's especially tough for owners of more than 4 financed properties.
Fannie Mae has said September 1, 2009, is the "effective date" for its underwriting changes so not every lender is underwriting to the new rules just yet. It's expected that by August 1, all of them well.
Therefore, if you know that you have a 2-unit home to refinance, or that you need your stock and/or retirement portfolio to qualify for your mortgage, consider moving up your timeframe to the next two weeks. Lenders often implement new guidelines without advance warning and that could leave you in the cold.
Better to get a good rate today than to be ineligible for a great rate tomorrow. If I can help you plan for an upcoming mortgage, call or email anytime.
Jul 21, 2009
2 New Bank Repo listings
Hello Again,
We have 2 new Bank owned Listings about to hit the market. You are the first to know so you can be the first to submit an offer!
Call us for more information.
Jessica or Janette (928)237-4455
Granada, Chino Valley
1700 Sq feet
.25 Acres
Paved Road
2 Car Garage
Listed under $150,000
Haystack Rd, Chino Valley
3800 Square Feet
7 Acres
3 Car Garage
Listed under $450,000
This info is not available anywhere else!!
Jul 20, 2009
Weekly Foreclosure List 7/13 thru 7/20/2009
Have a great week.
Thank you
Janette & Jessica
The Stephanie Woods Team
928-237-4455
http://www.paarmls.org/prs/maildoc/sd_AAAa003vZ20090720121105.html
Pre-list of homes that are coming on the market soon. Call us for more information on these.
Chino Valley
Lauren Lane 2609 sq ft 2 car garage 1 acre
Yuma Drive 3 bed/2bath
Haystack Rd 3854 sq ft 3 car garage 7 acres
Prescott Valley
N Granada 1719 sq ft 2 car garage 3bed/2bath .20 acre
Land Court 1811 sq ft 3 car garage 2bed/2bath . 18 acre
Weaver Way 3654 sq ft 2 car garage .20 acre
Long Mesa Drive 1708 sq ft 3bed/2bath .20 acre
Loos Dr
Cottonwood
Sunset Dr
Lake Montezuma
Pima Way
Jul 17, 2009
JUST LISTED BANK REPO
Jul 13, 2009
Pending home Sale UP!
This is some interesting new from the National Association of Realtors.
Washington, July 01, 2009
Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors®.
The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7 from an upwardly revised reading of 90.6 in April, and is 6.7 percent higher than May 2008 when it was 85.0. The last time there were four consecutive monthly gains was in October 2004.
This is the link to the full article:
http://www.realtor.org/press_room/news_releases/2009/07/record_fourth
Jul 6, 2009
New Foreclosures
You will find a link below that has all the new foreclosures listed in the quad-city area in the week of 6/29/2009 thru 7/06/2009. If you are interested in any of these or any other listings in the area please do not hesitate to call us. We have access to a pre-foreclosure list that will let you know the homes that are being foreclosed on but have not been put on the market. Please give us a call for this list.
http://www.paarmls.org/prs/maildoc/sd_AAAa005tZ20090706122438.html
There are some awesome loan packages out there right now for foreclosed homes or any other homes. Let us help you find the right lender for your purchase. Give us a call!!
Have a great week.
Jul 4, 2009
Prescott 4th of July
Jun 29, 2009
Latest foreclosure listings
Here is the list of Foreclosures new to hit the market this last week June 22-29
http://www.paarmls.org/prs/maildoc/sd_AAAa002f020090629123530.html
Let us know if something looks interesting we are happy to get you more info and show you the property.
NEED MONEY???
Lisa Amore with Bank Of America
(928)925-6699
She will work with you to get you qualified for a loan.
Pre listings:
These are homes that will be coming on the market soon. You can always look them over now so you are ready when they hit the market.
4854 N Granada, Prescott Valley
8101 E Long Mesa Dr, Prescott Valley
8190 E Loos Dr, Prescott Valley
TO BE ADDED TO OUR DIRECT MAILING LIST E-MAIL US AT
Thanks!
Jun 22, 2009
Prescott Area Foreclosure and Prelist Activity
http://www.paarmls.org/prs/maildoc/sd_AAAa003DQ20090622180657.html
We have access to some of the areas prelistings. This is first hand information on homes or land that is coming on the market as foreclosures but has not been listed yet. This gives you the advantage of knowing about it before other buyers. If you want more information please contact us.
The Stephanie Woods Team
Realtors
Keller Williams Check Realty
928-237-4455
Jun 18, 2009
Free Prescott Area Foreclosure list as of 6.18.09
Jun 14, 2009
Prescott Foreclosure Listings
Jun 13, 2009
REO Training Seminar put on by NFSTI
Jun 11, 2009
Foreclosure Certification
May 25, 2009
New Move
I recently changed brokerages and am now with Keller Williams Check Realty. I look forward to being able to offer you more and better services. Check out our website http://www.prescottreogroup.com/ to see all the latest Prescott Foreclosures. I will be updating the website soon so keep posted for the new changes.