Is a HUD Home the Right Choice for You?

The time is right and you are ready to purchase a home. While shopping for a new house online, you come across a property with a really great price tag that seems too good to resist. You have encountered the HUD home. A HUD home can be a good option to consider when looking for a home to purchase. But there are some facts that you need to know before you embark down the HUD path to home ownership.

Below are five informative facts to know before you consider a HUD home.

1.) The "Can't pass up" attractive price tag is usually an indicator that there is something wrong with the house, such as major repairs to structure, roof, etc.
2.) HUD Homes are sold "As Is" and when purchased, NO repairs are covered
3.) It may be better to pay cash for a HUD home as it is more difficult to get a HUD loan because of the "no repairs" stipulation
4.) Loans are harder to secure on a HUD home than for a conventional home (Again due to the "no repairs" stipulation)
5.) You must go through a real estate agent to purchase a HUD home
Tip: It is highly advisable to get a home inspection during the inspection period during escrow

If you have read the above and are still interested in purchasing a HUD home, the first thing you should do is contact a Realtor that has experience with the HUD Process. The Stephanie Woods Team has a team of buyer's agents that have a combined 25 years of experience in HUD home purchases. Call us today at (928) 237-4455 to learn more about HUD homes and the HUD purchase process.

Remember to "LIKE" us on https://www.facebook.com/Stephanie.Woods.Team and follow us on Twitter @prescottreo

Stephanie Woods Buyer's Team Agents

The Stephanie Woods Buyer's Agent Team has a combined 25 years of real estate experience. Call the Stephanie Woods Team today at (928) 237-4455 and let one of our experienced agents help you find your perfect Home for the Holidays.




Meet the Stephanie Woods Team buyer's agents below:

Stephanie Woods Buyer's Team Agents

Don't forget to "Like" us on Facebook at https://www.facebook.com/Stephanie.Woods.Team and follow us on Twitter @prescottreo

Looking for a Great Home for the Holidays!?! 4 bd/3b in Highland Pines ~ Stephanie Woods Team ~ 928-237-4455

1002 N. Zuni Lane, Prescott, AZ 86305
$350,000

The Stephanie Woods Team has the perfect house for the holidays. This well maintained home is over 2440 sq ft nestled in 1.7 acres of tall pine forest. The house is private, peaceful and can be used a a single family, single family with in-law or as a duplex. Each level has separate entrance. Two detached garages plus RV parking can accommodate all of the off-road toys. The stone fireplace in the living room is the perfect place to enjoy hot cocoa by a roaring fire and the wood stove downstairs creates a cozy atmosphere for chilly evenings. 4 bedrooms, 2 and 3/4 baths can make this home perfect for year round living or a winter retreat for the whole family. Outdoor area consists of large, walk-thru covered patios and trex deck.

Call the Stephanie Woods Team today and one of our experienced buyer's agents can help make this house your home for the holidays.

Please follow us on Facebook at www.facebook.com/stephanie.woods.team or on Twitter @prescottreo

4501 N. Lone Cactus Drive, Prescott Valley ~ Listing Agent ~ Stephanie Woods Team ~ 928-237-4455

Come see this new Stephanie Woods Team listing in a desirable Prescott Valley Location. 4 bedroom, 2 bath, 360 degree views to watch the sun rise and set. Open kitchen to see the views, living room w/gas fireplace, skylights, and bay windows. Large master with open en-suite bath w/private shower & water closet. Ceiling fans throughout, laundry room w/sink, plenty of closet spaces for storage. The back bedroom could be used as an office and has access to the back yard. Back yard has small garden, blueberry, red raspberry and blackberry bushes, roses, and of course a sprinkler system. A nice shed in back yard for the avid gardener, perfect for storing all of your yard tools. There is a newer hot water tank and R30 insulation upgrade in the ceiling.

If you are packed and ready to go, the Stephanie Woods Team has an educated and dedicated group of buyers agents, ready to make this home yours! Contact the Stephanie Woods Team TODAY at (928) 237-4449 to speak with our knowledgeable experts.

Remember to like us on Facebook at www.facebook.com/Stephanie.Woods.Team.com or follow us on Twitter @prescottreo.

Granville Is A Great Place To Call Home

With a positive business and residential climate, Prescott Valley AZ is an area that provides a great lifestyle for all of its residents. Not only does Prescott Valley have a pleasant year round temperature, but it is also full of great options and perks that enhance a person’s quality of life. Another great thing about the area is Prescott Valley AZ real estate with its variety of great communities and neighborhoods. If you have been thinking about buying a home in the area, you may want to consider exploring Granville homes.

Located within Prescott Valley, Granville is a community that has so much to offer, and residents appear quite content. When you choose to purchase a home in Granville, you are choosing to purchase a home in a comfortable community full of friendly neighbors. Not only that, but Granville is not far from the City of Prescott AZ, which means you will be close to all the conveniences offered by an extensive town. From the Prescott Gateway shopping center to the choice of five different colleges, including Prescott College, and Northern Arizona University in nearby Flagstaff, Granville is located close to everything for satisfying individual and family needs and preferences.

If you want to live in a community that will make your life comfortable and happy, you may want to explore Granville homes. Numerous homes for sale in the community offer a variety of floor plans and styles. No matter how much you want to spend, there are homes in Granville that will fit all tastes and budgets. Whether you are looking for a small home for just you, or you need a large home for your family, this close-knit, family-friendly community in Prescott Valley may just provide the perfect place to call home.

Get connected with Granville homes. Find real estate details on homes for sale, neighborhood amenities, schools and more with a unique, lifestyle map-based search. Browse www.PrescottHomeSeekers.com for more information. If you have a question, get connected with expert advice and real estate service.
Post by: Stephanie Woods on May 31, 2013 in Prescott Valley Real Estate |

Sold in Prescott Valley - The Stephanie Woods Team

Are you Looking to Sell in Prescott Valley?

Are you looking to sell in Prescott Valley? Another Stephanie Woods Team listing just sold in Prescott Valley and the Stephanie Woods Team can sell your property too. The buyers are out in droves, but they are having a difficult time finding the perfect property for them. The Prescott Valley home inventory is at a record low, listings are needed and sales will be made.

When it's time to move, you need someone who will advertise your Prescott Valley home, show to prospective buyers, negotiate the purchase contract, arrange financing, oversee the inspections, handle all necessary paperwork and supervise the closing. We can take care of everything you need, from start to close.

Often times buyers don't visualize living in your Prescott Valley home the way you do. If you are looking to sell in Prescott Valley, we can make your home attractive to its ideal audience - which can help you get top dollar. Things like staging the home, making repairs or minor improvements, or even simply painting the walls can be the difference between a home resting on the market and one that's sold fast.

Are you Looking to Sell in Prescott Valley?

There are many qualities and skills that go into being an excellent Prescott Valley real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how we work.

That said, in our experience as a Prescott Valley real estate professionals, we've also found that providing the very best service is essentially about putting our clients first. This means being accessible, being a good listener as well as a good communicator, and responding quickly to your needs.

This "client first" philosophy has always been our approach and it requires us to continually improve our skills and ways of doing business. In addition, we've found that the latest technologies are enabling us to do everything we've always done, only much more quickly and efficiently. They've also helped us to extend the range of services we provide to our clients.

Are you Looking to Sell in Prescott Valley?

So when you are looking to sell in Prescott Valley, please contact The Stephanie Woods Team , at (928) 237-4449, for your personal valuation of your property. We work hard to get your property sold at a fair price while making your transaction seamless.

Are you looking to sell your prescott valley home?

Are you Looking to Sell in Prescott Valley?

Are you looking to sell in Prescott Valley? Look at these numbers? They don't lie~Prescott Valley homes are selling. Are you looking to sell in Prescott Valley? The Stephanie Woods Team can sell your property too. The buyers are out in droves, but they are having a difficult time finding the perfect property for them. The Prescott Valley home inventory is at a record low, listings are needed and sales will be made.

When it's time to move, you need someone who will advertise your Prescott Valley home, show to prospective buyers, negotiate the purchase contract, arrange financing, oversee the inspections, handle all necessary paperwork and supervise the closing. We can take care of everything you need, from start to close.

Often times buyers don't visualize living in your Prescott Valley home the way you do. If you are looking to sell in Prescott Valley, we can make your home attractive to its ideal audience - which can help you get top dollar. Things like staging the home, making repairs or minor improvements, or even simply painting the walls can be the difference between a home resting on the market and one that's sold fast.

Are you Looking to Sell in Prescott Valley?

There are many qualities and skills that go into being an excellent Prescott Valley real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how we work.

That said, in our experience as a Prescott Valley real estate professionals, we've also found that providing the very best service is essentially about putting our clients first. This means being accessible, being a good listener as well as a good communicator, and responding quickly to your needs.

This "client first" philosophy has always been our approach and it requires us to continually improve our skills and ways of doing business. In addition, we've found that the latest technologies are enabling us to do everything we've always done, only much more quickly and efficiently. They've also helped us to extend the range of services we provide to our clients.

Are you Looking to Sell in Prescott Valley?

So when you are looking to sell in Prescott Valley, please contact The Stephanie Woods Team , at (928) 237-4449, for your personal valuation of your property. We work hard to get your property sold at a fair price while making your transaction seamless.

Are you a first time home buyer or a seasoned expert? Do you know exactly what you want in a home or are you still trying to figuring it out? Are you new to the area or a long term resident? Regardless of how you answered these questions, The Stephanie Woods Team is ready to work for you! Our highly trained staff of Real Estate professionals and take you through every step of your home buying process. Contact us today, lets make your dream come true! (928) 237-4455~

Is this the beginning?

Vacant land has been SLOW selling the past few years, many property owners have been trying to free up some of their cash by selling the land they bought with the intention of building their dream home or their home away from home. Sadly the majority of buyers are looking for resale homes or new construction, and not seeing the value of using their thoughts, dreams and ideas to build their own home. But the other day The Stephanie Woods Team sold this 2 acre beauty in Poquito Valley, just north or Prescott Valley. A great buildable site with views that go on and on and on, this one is sure to become someones new address.
If you are considering building your dream home, we have a highly trained staff that can assist you in finding a location for your new address. Call us TODAY and meet with our team to star work on your dream. The Stephanie Woods Team is ready, willing and able to help you find your new address. Call us NOW or visit us at the Stephanie Woods Team website!

6 Bedroom Quailwood Home for SALE~

On the outskirts of Prescott Valley is a town called Dewey-Humboldt. Inside of Dewey-Humboldt is a subdivision called Quailwood. Within Quailwood is a beautiful 6 bedroom 4 bath, 2 story townhouse that is waiting for you to call it home!!! With a very reasonable price tag of only $265,000 this beauty won't stay on the market for long! Sitting on a corner lot it features, custom blinds, lighting and paint, ceramic tile, corian counters and high ceilings. The exterior is fully landscaped and on a drip system. Along with all this you also get the clubhouse and all of it's amenities! What more could you ask for?

This amazing home is listed exclusively with the Stephanie Woods Team and we would be happy to give you the grand tour! Schedule your showing TODAY - call one of our highly trained and qualified agents and set up your appointment NOW (928) 237-4455.

Prescott Valley Home - SOLD in 60 days!

This 3 bedroom 2 bath Prescott Valley Unit 15 home sold in 60 days! A move in ready HUD home featuring upgrades galore! Walk-in pantry in kitchen, breakfast bar, laundry room with cabinets, wood flooring, ceiling fans and vaulted ceilings. Exterior offers beautiful trex deck, 2 car garage and landscaped front and back yards with an unfinished basement with outside access!

The Stephanie Wood Team Listed and SOLD this gem and we are eager to assist you in buying OR selling your property. Give a call TODAY at (928) 237-4449 or visit our website!
For more Prescott Valley properties for sale - Click Here!!

Don't Let this Pass you... BUY!!!

Knock, Knock! Who's There? An AMAZING deal!! But this one is NO joke! This charming 3 bedroom 2 bath Mayer, AZ HUD home sits on 1.25 acres and features beamed ceilings, a large open kitchen, formal dining room and double closets in the master bedroom. The exterior has a chicken coop and a shed not to mention the large mature trees!

This listing is provided to you directly from The Stephanie Woods Team! Call one of our highly qualified agents today for your chance and buying this prime piece of property! Call NOW (928) 237-4455!

Looking for Prescott Valley Sellers!

The numbers don't lie! Sale prices from 2011 to 2012 are UP! The number of homes sold from 2011 to 2012 is UP! But our supply of homes - down. It's plain to see that there are Prescott Valley buyers out there and those buyers are paying more today than they did last year. The Stephanie Woods Team, of Keller Williams, in the last year, has helped put 227 buyers into homes. But now we need YOUR help! If you are considering selling your Prescott Valley property, NOW is the time to contact the Stephanie Woods Team. We are a highly trained, reliable and competent team of Prescott Valley realtors and we are anxious to work with you. Call us TODAY at (928) 237-4449 or go to our website. Don't Wait!!!

Working at the Carwash!!

It's grey and cloudy outside and i really looks like it might rain, but... I work in real estate and a clean car is a necessity! So, I took my handy dandy people mover over to my local car wash and low and behold, they were open!!! I have to say that this is my ultimate favorite place to have my car-washed. They are fast, friendly and detailed! In no time at all, I was back on the road with very little cash out of my pocket. The sign on the way out asked me to tell a friend if I was satisfied and since I couldn't pick just one - I'm choosing ALL of you! So if you are in the Prescott Valley area and need a good reliable place to get your car washed - go to the corner of Yavapai and Florentine - You won't be disappointed! Oh - and tell them Stephanie sent you!

Prescott Real Estate Market Headed in the RIGHT Direction!

Don't let those RED arrows scare you! Those are just where you want them to be! Sales Prices are going up, which is great news for you sellers out there. The days on the market (DOM) is going down, which means houses are selling faster. However, our inventory is going down, which means we need you homeowners who are on the fence about selling your property to list NOW! We have buyers out there looking to buy. Our inventory of homes hasn't been this low in years!! To find out about your options - Contact the Stephanie Woods Team at (928) 237-4449, or click on over to our website! We have a team of highly trained professionals waiting to assist you.

Presidential Election and Real Estate

Are you curious about what will happen to our housing market once the presidential election is over? Will there remain assistance for homeowners who are under-water? Will the market be flooded by the influx of bank inventory? These are the questions that every American seems to be asking. An article from the Washington Post may shed some light but, I'm fearing that we won't have real answers until the election is over - and maybe not even then. Is it time to sell your home, walk away or short sell? We can assist you with your options - and will be there when your decision is made The Stephanie Woods Team is stable in our dedication to our clients. You have options, we can help - contact us today!

Humble Abodes

Are you looking for a new humble abode? Click on the link below to preview the new Prescott Valley Home listings for the month of October. Then call the Stephanie Woods Team to schedule your showing - Teamwork makes your dream work! Call us today at (928) 237-4435.

October Listings

Buyer or Seller Market?

That is a tough call. The residential home inventory hasn’t been this low in years. With inventories this low, buyers are competing for the best properties while still trying to get more for their dollar. Have you considered listing your home? In this current market, your property has the potential to sell for more than you think. Home prices are rising. Investors, first time home buyers and those who are up sizing AND downsizing are looking and not finding what they are wanting – it could be your home. Contact The Stephanie Woods Team at Keller Williams Check Realty. We’re here to assist you and provide you with our knowledge and experience.

Stephanie Woods
Associate Broker
Keller Williams Check Realty
3033 Windsong Dr. #202
Prescott Valley, AZ 86314
 (928) 237-4449 

Bank of America to wipe out thousands of second lien mortgages

by Tara Steele in Mortgage, News - October 1, 2012  

Bank of America is in the process of sending out thousands of second lien mortgage forgiveness letters as part of this year's massive mortgage servicer settlement.

Bank of America’s big move

As part of what Bank of America calls their “ongoing efforts to help customers in need of mortgage assistance,” roughly 150,000 letters are currently being sent to pre-qualified homeowners that offers to automatically extinguish the full, unpaid balance of their second lien mortgages. Bank of America said in a statement, “The intention of the program is to place homeowners in an improved financial situation by reducing their monthly debt obligations and, potentially, help them create equity in their property.”
This big move is part of the terms of $25 billion mortgage servicing settlement reached this spring after years of investigation of the nation’s largest mortgage servicers in a joint effort between federal, state, and local entities.

 To view this article in its entirety click on the link below!

Bank of America's big move

Homes Selling Quicker

Homes Selling Quicker

According to findings by the NATIONAL ASSOCIATION OF REALTORS®, the time it takes to sell a home is shrinking.
The median time a home was listed for sale in July this year was just 69 days. That’s down nearly 30 percent compared to 1 year ago. In fact, nearly one third of homes bought in July were on the market for under a month.
NAR Chief Economist Lawrence Yun sees a clear connection between the tight inventory conditions and time on the market, saying that the shortening of time on market began this spring, which has led to more of a balance between buyers and sellers across the country. This equilibrium is supporting sustained price growth and homes that are correctly priced are tending to sell quicker. Prices are projected to rise through the rest of this year and into next.

Courtesy of http://retradio.com/?p=6326