Bullhead City, Fort Mohave Az Homes For Sale. Information on Buying and Selling Real Estate.

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Country Ranch Realty
928-234-9560
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stevekuncho
Steve Kuncho
Realtor
    Years of Experience: 6

    SFR- Short Sale Foreclosure Resource

Direct: 928-234-9560

Office: 928-758-8811



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Country Ranch Realty
1858 Highway 95
Bullhead City, AZ
928-758-8811


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Short Sale Foreclosure Resource Certification

Wednesday, April 21st, 2010

Short Sale Foreclosure Resource Certification Serving the Bullhead City Fort Mohave Real Estate Market

March 2010 Steve Kuncho  earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows. According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. For many real estate professionals, short sales and foreclosures are the new “traditional” transaction. REALTORS® who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities. “As leading advocates for homeownership, REALTORS® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles McMillan, “Foreclosures and short sales can offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR® who has earned the SFR certification for these kinds of purchases.” The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides resources to help REALTORS® stay current on national and state specific information as the real estate market for these distressed properties evolves.

Feel free to call, text or email me with any questions regarding Bullhead City Fort Mohave Real Estate.             Steve Kuncho @ 928-234-9560

8 Reasons Why You Should Work With a REALTOR®

Tuesday, March 16th, 2010

8 Reasons Why You Should Work With a REALTOR®

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here’s why it pays to work with a REALTOR®.

1. Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.

2. Information and opinions. REALTORS® can provide local community information on utilities, zoning, schools, and more. They’ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?

3. Help finding the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your REALTOR® to find all available properties.

4. Negotiating skills. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.

5. Property marketing power. Real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.

6. Someone who speaks the language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.

7. Experience. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. Even if you have done it before, laws and regulations change. REALTORS®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.

8. Objective voice. A home often symbolizes family, rest, and security — it’s not just four walls and a roof. Because of this, homebuying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they’ll every make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you. From Realtor.org.

Feel free to call, text or email me with any questions regarding Bullhead City Fort Mohave Real Estate.

Search Area Homes For Sale

National Standardized Short Sale Process will Benefit Bullhead City & Fort Mohave Home Sales

Wednesday, January 27th, 2010

 Standardized Short Sale Process will Benefit Bullhead City & Fort Mohave Home Sales

A couple of years ago the National Association of  Realtors formed a task force to address the concerning issue of the short sale process. Upon completion of its studies the task force issued recommendations to banks and lenders that the process be standardized across the board; with common forms used, fixed time frames be adopted for the various phases of the short sale process.

Finally on November 30, 2009 the U.S. Treasury Department announced Home Affordable Foreclosure Alternatives (HAFA) a program that features; that’s right; standardized procedures, common forms, and fixed time frames.

A borrowers/sellers approval is expressed in a standardized Short Sale Agreement (SSA). The SSA must be good for atleast 120 days inwhich no foreclosure may take place. Within 3 business days of an executed purchase agreement the borrower/seller is to submit a Request for Approval of Short Sale (RASS) which is a standard form. Within 10 business days of receipt of a completed RASS the Lender/Servicer must either approve or disapprove the purchase agreement. The approval can not require  a closing date less than 45 days and again no foreclosure may take place during this time. The most common hang-up that can prevent a successful sale of a short sale home is a junior lien holder. The HAFA has finacial incentives in place to assist these junior lien holders to accept the release of the lien for less than is originally owed to the lien holder.

As we have seen in the past couple of months in the Bullhead City Fort Mohave home sales market is that short sale homes are getting purchase agreements accepted quicker, total time closing durations shortened and a lot less fear of a short sale for every party involved.

If you are considering purchasing a short sale home or foreclosure home and have some questions; feel free to send me a message or give me a call.

If you’re a home owner that’s considering selling and think a short sale may be for you but have questions; feel free to send me a message or give me a call.

Bullhead City AZ Homes For Sale

Wednesday, December 16th, 2009

Not A Foreclosure, but priced like one, Not A Short Sale, Quick Response on Offers, No 20 Pages of Bank Addendums, Just a Straight Re-Sale. Home sits atop 2.75 acres with million dollar views at the north end of Bullhead City in the Punto De Vista subdivision. Views of Lake Mohave; Laughlin Casinos, panoramic views of the western moutain range, and the eastern mountain range. Check out the photos in the link below, a must see to appreciate.  Minutes from the casinos andLaughlin Neveda, Lake Mohave and Katherines Landing. Call for your private showing Today!!!      Search for other available homes for sale in the Bullhead City Az Area.

Info 4115 Bueno Rd. 

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Fort Mohave Az Home Buyer Tax Credit Info

Wednesday, December 16th, 2009

Guidelines For Fort Mohave Homes For Sale Buyer Tax Credit

  • To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
  • The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
  • The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $6,500.
  • The tax credit applies only to homes priced at $800,000 or less.
  • The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.
  • Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.
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