Why bulldoze when you can short sale?

Well, it turns out that he fell out of luck with the IRS, and as a result he fell out of luck with his bank.  I can certainly feel sympathy for the guy.  According to the story at http://www.wlwt.com/news/22600154/detail.html, he had an offer that would have allowed him to pay his debt off in full.  The bank decided that they could get more money at a foreclosure auction, and they decided to move forward with the foreclosure process.  Certainly the greed here was a major factor.

So what do we learn from this story?  Well, this guy is probably going to face some major jail time.  I can’t speak of Ohio laws, but in Arizona, we sign a contract stating that we will do our best to maintain the property’s value.  Last I checked, only in Michigan does scraping a house improve the property’s value.

The best thing to do if you’re facing a looming foreclosure is to avoid jail time.  That means that you should seriously consider a short sale instead of bulldozing your house.  Remember, you learned that lesson here.

Don’t forget to bulldoze your house is a post from: Tempe Real Estate and Homes for Sale

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What does your company do?

The bicycle cellar is a commuter support facility offering secure bike parking, showers, lockers, towel service, bike rentals, bike related retail and service.

Why did you start in it?

It was an opportunity to contribute to the community through cycling, helping people green up their lives and improve their quality of living, through cycling.

Who do you serve?

The bicycle cellar serves the cycling community and anyone whom is interested in using the bicycle as vehicle, using less gas, emitting less carbon and saving the planet.

Discounts/opportunities for people that come from this site

2 for 1 bike rentals for anyone who finds us through your website.

What do you do outside of this business?

We participate in and support cycling events including charity rides and competitive events.

Any interesting stories?

One of our newest members, an avid cyclist, actually accepted an employment position in Tempe, moving from Colorado, based on knowledge of our facility, which allowed him to commute to work without the need to purchase a car!

To learn more about The Bicycle Cellar, please visit www.thebicyclecellar.com or call them at  480-219-7225.

Bicycle Cellar is a post from: Tempe Real Estate and Homes for Sale

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There is also a big lesson in this story.  Do NOT touch your retirement to placate the lenders.  The banks cannot touch your retirement in a short sale or a foreclosure, so why ruin your future?  As long as we are working towards your short sale, they will not foreclose on your home.  I hope that this provides some insight into the business, and if you need help, I want to help you.

ABC news says to walk away from your home is a post from: Tempe Real Estate and Homes for Sale

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In true community spirit… is a post from: Tempe Real Estate and Homes for Sale

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4 beds, 2 baths
Home Size: 2,323 sq ft
Lot Size: 10,000 sq ft
Added: 11/20/09, Last Updated: 02/10/10
Property Type: Single Family – Detached, Residential
MLS Number: 4294470
Tract: WARNER RANCH CROSSING UNI
The price of this listing was last reduced on 2/10/2010 by 8%

Beautiful home in Tempe in a Great Location. Huge rooms with vaulted ceilings. Cozy fireplace, open kitchen, and a beautiful pool. This place needs a little cleaning and it will sparkle! Nice 3 Car Garage. 4th bedroom could be used as an office. This place is a must see!

Listed with Olson Gough

$245,000 :: 384 W Larona Lane, Tempe AZ, 85284 is a post from: Tempe Real Estate and Homes for Sale

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3 beds, 2 baths
Home Size: 1,256 sq ft
Lot Size: 10,000 sq ft
Added: 02/08/10, Last Updated: 02/10/10
Property Type: Single Family – Detached, Residential
MLS Number: 4336191
Community: Tempe
Tract: CONTINENTAL TEMPE

Great Tempe Location

Listed with United Broker’s Group

$150,000 :: 7125 S Alder Drive, Tempe AZ, 85283 is a post from: Tempe Real Estate and Homes for Sale

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3 beds, 2 baths
Home Size: 1,130 sq ft
Lot Size: 7,500 sq ft
Added: 11/23/09, Last Updated: 02/10/10
Property Type: Patio Home, Residential
MLS Number: 4295612
Community: Oaks II
Tract: Oaks II
The price of this listing was last reduced on 2/10/2010 by 5%

Price reduced!! Three bedroom, one and three quarter bath patio home in quiet development. Features master suite with walk-in closet, private patio and laundry, and two covered parking spaces. Community pool and common areas maintained by HOA. Just needs a little elbow grease! This is a short sale negotiated by PMMS, we get short sales done!

Listed with S.J. Fowler/GMAC Real Estate

$61,500 :: 2631 E Orange Street, Tempe AZ, 85281 is a post from: Tempe Real Estate and Homes for Sale

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Have you been looking for a great home in Tempe, near ASU for under $200,000? Well your wait is over. This total remodel located in popular Hughes Acres has been completely updated from top to bottom. The new kitchen includes Granite slab countertops, stainless steel appliances and new cabinets. Bathrooms have been completely updated and include tile shower and tub surrounds, new vanities and everything else. Other upgrades include new paint tile and carpet, exterior doors including french doors, retextured ceilings (popcorn ceilings were removed) nickel light fixtures, six panel doors, nickel egg knob door handles, rocker switches, double switched ceiling fans with lights in all rooms. New roof and landscaping. Many more nice features make this a must see and must have home!

Listed with Independence Realty Professionals, Inc.

$189,900 :: 1215 E Concorda Drive, Tempe AZ, 85282 is a post from: Tempe Real Estate and Homes for Sale

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4 beds, 3 baths
Home Size: 1,704 sq ft
Lot Size: 0 sq ft
Added: 01/10/10, Last Updated: 02/10/10
Property Type: Townhouse, Residential
MLS Number: 4317180
Tract: Park Riviera
The price of this listing was last reduced on 2/10/2010 by 5%

BEAUTIFUL UPDATED TOWNHOME. Ideal location situated next to pool and childrens park! 4 Bedroom, 2.5 Bath, 1705 sqft, Eat-in Kitchen, Dining Area, Great Room. Brand new tile and carpet throughout, granite counters in kitchen and all baths, freshly painted. All new cabinets, light fixtures, door fixtures, fans and so much more. Seller related to agent.

Listed with Avalar Real Estate

$149,900 :: 1514 E Logan Drive, Tempe AZ, 85282 is a post from: Tempe Real Estate and Homes for Sale

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3 beds, 2 baths
Home Size: 1,649 sq ft
Lot Size: 10,000 sq ft
Added: 11/16/09, Last Updated: 02/10/10
Property Type: Single Family – Detached, Residential
MLS Number: 4291738
Tract: Papago Gardens
The price of this listing was last reduced on 2/10/2010 by 1%

This a must see remodel that didn’t skip any little detail. Move-in ready with a new 100 sq. ft. laundry room addition and walk-in closet in the master bedroom. Also features a huge backyard with a pool and covered patio, perfect for entertaining. The inside includes a floating European styled kitchen with brand new stainless steel appliances on top of a beautiful travertine floor. Has a fireplace, vaulted ceilings, and lots of BIG windows providing natural light. Each bedroom has new Stain Master carpet and the bathrooms have been completed with the same travertine and all new fixtures. Newly sealed foam roof and 5 year warranty on all appliances.

Listed with Kevin D. Guyette

$237,500 :: 1023 E Larkspur Lane, Tempe AZ, 85281 is a post from: Tempe Real Estate and Homes for Sale

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