Renee Powers ~ The Power to Move

Happy Birthday America

2011-07-04T06:20:00.001-07:00

Wishing everyone a safe and happy 4th of July.
Happy Independence Day!

Renee

Is now the best time to buy a home?

2011-05-02T17:31:00.001-07:00

1. Although the market is rapidly heating up many buyers are still asking the question “should I buy now?”
While price is the major concern for anyone selling a home, cost should be the primary focus of a buyer. That means you must take into account what your monthly payment will be, considering not only price of the home but the interest rate of your loan as well. Waiting for prices to bottom out while rates are increasing can and will wind up costing you more over the life of the loan. Fannie Mae, Freddie Mac, the National Association of Realtor, PMI and the mortgage Bankers Association are all projecting interest rates will increase over the next several quarters. It’s best that you meet with a mortgage professional to help you determine what an interest rate increase will cost you based on the size of your loan in addition to meeting with a real estate professional to discuss market trends. This information will help you to make the best decision for you.

2. As we are all beginning to witness the increase in activity many buyers (and sellers) are asking “when will I begin to see appreciation?”
Appreciation varies from market to market so it is important to sit down with an expert in your market area to look closely at local pricing trends. Nationally, there are indications that values will begin to rise this year. National Association of Realtor (NAR) projects home prices to grow slightly, .5% in 2011. Marco Markets LLC, a financial technology company, recently asked more than 100 housing industry experts to project housing prices through 2015. The results, released in the company’s 2010 Home Price Expectation Survey, show that experts think prices will start increasing in the second half of 2011, reaching a cumulative appreciation of more than 10% by 2015. Tucson area experts are expecting up to 3% appreciation this year and again next year.
3. Some people right now are giving a heavy look to the differences between buying and renting and asking the question “does buying really make better sense than renting?”
Forget about finances for a minute. Why did you ever consider buying a home? The Fannie Mae National Housing Survey shows that four of the biggest reasons people buy a home have nothing at all to do with money. They want a place to raise and educate their children, they want a place where their family will feel safe and secure, they want to have plenty of living space and outdoor space, and they want to have control over their space. What non-financial benefits will your family have from owning a home? Your answer to that question should be the reason you choose to buy or not. The cost of a home will probably remain relatively unchanged when you are in even when home prices go up. Verses the unknown of rising rents and the possibility of having to move before you are ready. There are many financial benefits to being a home owner in addition to the tax benefits, equity growth etc. However don’t allow money to be the only factor in making the decision that’s best for you.

If you are considering buying a home I would love to talk with you more about our local Tucson marekt!
Renee

New Purchase Contract

2011-04-11T22:03:00.003-07:00

Did you know that Arizona Association of Realtors (AAR) put out a new purchase contract and supplemental Addendums, including a required Loan Pre-Qualification form, in February of this year? The contract has been used exclusively since March 1st, 2011; although there are still some agents, brokers and companies out there using the old contract! Whether you are a buyer or a seller this puts you at risk or at the very least facing a counter offer demanding proper/current forms. Make sure whomever you work with and is representing you (if in the far off chance it is not me) is an expert and has had training and experience with the new contract and forms. You don’t want someone “practicing” on you and with your house! I have been through training and several successful escrows and closings with the new contract. You also want to make sure your lender is on board with the new Pre-Qual and LSU requirements they are facing as well. It is a team effort. If you have any questions it would be my pleasure to speak with you about all of the details of the contracts and negotiations. Your personal Realtor! Renée

Reasons to Sell Your Home with a Real Estate Professional

2011-04-01T17:23:00.003-07:00

By the KCM CrewArizona REALTOR® Magazine » April 2011 Should you spend the money on a real estate commission or save that money by selling your home by yourself? That is a question many home sellers ask themselves. Today, we want to discuss why it is crucial to have a true professional guiding you through the minefield of challenges that exist in the current real estate market. The housing market today is more challenging than it has ever been and seems to be becoming more difficult each day. What impact will foreclosures have on prices? Which loan products that were available just last month are no longer available? How do you convince perspective purchasers to pull the trigger on an offer when everyone is telling them that they should see another 100 houses before they make a decision? These are tough questions even for a trained, experienced professional. The lay person would find it almost impossible to keep abreast of this rapidly evolving industry. Here are six important reasons to use a real estate professional: 1. Pricing Is Difficult Just a few years ago, you didn’t have to worry about overpricing your home. If it was too high, all you needed to do was wait as historic appreciation was taking place. The situation is quite different today. With the possibility of a continuing drop in home values, overpricing your property will cost you time. In this market, time costs you money. A professional real estate agent will discuss how increasing inventory could dramatically impact the value of your property in the months to come. They will help you set the right price in today’s market. 2. Negotiating Ability Is Crucial Buyers today have an almost unlimited supply of homes from which to choose. They realize this puts them in a great negotiating position. Most buyers are now being represented by an agent. Sellers need to also be represented by a professional expert trained to negotiate real estate contracts. 3. Mortgaging Is Key to the Deal The biggest impact on the housing market collapse is that lending standards are much stricter today than they were a few short years ago. Rules are constantly changing. Even FHA has gone through a guidelines overhaul in the last several months. You need a real estate expert who has teamed up with a knowledgeable mortgage professional to make sure that the buyer in the deal is in fact capable of obtaining a mortgage. Losing time with an unqualified buyer costs you money in a market where prices are falling. 4. Your Family’s Safety We have always found it puzzling that the same person who will lock every door and window and set the alarm today will then allow total strangers into their house tomorrow. The real estate industry trains its practitioners to take steps to protect themselves and their clients. Take advantage of putting a person between you and the person calling on an ad or a yard sign. 5. You Probably Have More Important Things to Do Selling a home could turn into a full time job. Learning the necessary disclosures, coordinating the dates of your closings, dealing with a challenge regarding your appraisal and re-negotiating the offer after an engineer’s report are just a few of the concerns you may face. You would probably be better off spending that time with the items important to you and your family and leaving the challenges to your agent. 6. Exposure to Potential Purchasers When sellers think of getting exposure for their home, they immediately think of print advertising. Certain print media might still have a place in marketing a niche property (luxury, equestrian, waterfront, etc.). However, we want our readers to know that although print advertising has traditionally been the way homes had been introduced to the buying public, the medium has been losing its impact over the last several years. Recent studies have shown that less than 3% of buyers find their home through newspaper advertising today. At the same time, over 30% find a home through the Internet. Let’s take a look at how real estate experts market listings today. Multiple Listing Systems (MLS)Once you list your property with a member of the local MLS, every other member of the system is alerted that your house is now available for purchase. In a matter of hours, hundreds or thousands of real estate professionals have the ability to easily share the specifics of your home with each of their buyers. There is nothing an individual seller can do to come close to this immediate exposure to thousands of potential buyers. Internet SitesAlmost every real estate company and many agents have their own websites promoting their homes for sale. Many companies also have standing relationships with national listing aggregators (Trulia, Zillow, Yahoo!, etc.). It would be impossible for a seller to get the width of exposure the real estate agent has at his/her fingertips. Social MediaMore and more industry professionals are learning the power of social media when promoting real estate. They have created a community of followers looking for information about the region or neighborhood where they work. Of course, a percentage of those followers will be interested in what is taking place with the real estate market within that area. A new venture, which has not yet been fully utilized, social media is beginning to play a larger role in the marketing of an area and the homes in that area. Bottom Line To make sure the sale of your home is handled professionally — hire a trained professional. In the long run, you will wind up with more money in your pocket and have fewer challenges with the move. This article was originally published on the Keeping Current Matters Blog.

The U.S. Population Keeps Growing! How about AZ?

2011-03-24T07:10:00.002-07:00

According to the US Census Bureau Arizona is the second fastest growing state with Nevada being number one. This equates to a faster and stronger housing recovery for our state than other parts of the US.
The 2010 Census released by the US Census Bureau, the US population was more than 308 million as of April 1, 2010, up 9.7% from 2000 resident population of 281 million.
All four regions of the country posted population increases over the past decade. The South gained more than 14 million people and the West gained more than 8.7 million. The Northeast and Midwest grew by 1.72 million and 2.53 million, respectively.
California was the most populous state with more than 37 million residents, and Wyoming was the least populous with 563,626 people. Texas had the largest population gain numerically (25.14 million, up from 4.29 million) and Nevada had the highest percentage gain, up 35.1% to 2.7 million. Michigan was the only state that declined in population.
(March/April 2011 issue of The Residential Specialist)

Food, clothing and shelter are the big three that humans will always need for survival. With the population growing there will be no lack of demand in the future for these. It only makes sense to invest in the “shelter” part of the equation now.

Give me a call I would love to talk with you more about this and help you!
Renee

What is the ideal size home?

2011-03-22T21:21:00.000-07:00

According to the consumer lifestyle survey by Relocation.com in October 2010, people reported on their ideal size home.

48% said 1,000 to 1,999 square feet
29% said 2,000 to 2,999 square feet
12% said less than 1,000
10% said 3,000 to 4,999 square feet
2% said 5,000 or more

Happy to report a little fun information.

Renée

Statistics for February 2011

2011-03-14T08:28:00.002-07:00

The TAR MLS monthly Statistics are out for February 2011.

Total sales volume increased significantly from $130,258,440 in the month of January to $160,319,228 in the month of February which is an increase of just over 23%!
The average Sales Price also rose 9.22% from January
The average List Price is up 8.43% from January to $191,957
The total number of listings Under Contract increased 12.8% from January
Total Unit Sales rose 12.69% from 780 in the month of January to 879 for the month of February
Total Unit Sales is up 18.62% compared to January of 2010
The Median Sales Price went up from $134,250 in January to $137,000 in February for an increase of just over 2%

The number of homes going under contract for the month of February is the highest it has been since September of 2010.

The price range with the highest amount of inventory is $1,000,000 and over followed by $750,000-$999,999.
The price range with the lowest inventory is $100,000-$124,999 followed by $125,000-$149,999.

It is easy to see from the data above our market has turned around in every area. Although the climb out is never a straight one, there will be small ups and downs along the way, be ready for a wonderful 2011.
And if you are a buyer I would suggest making your move soon while prices are interest rates are still low.

Give me a call I would love to help you.

Renée 465-0301

Did you know...

2011-03-09T08:43:00.001-07:00

In 2009 Tucson MLS agents did:

39% …. 0 Transactions
21% …. 1 Transaction
27% …. 2-5 Transactions
8.5% …. 6-10 Transactions
4.5% …. 11+ Transactions

In 2010 Tucson MLS agents did:

45% …. 0 Transactions
12.5% …. 1 Transaction
20.3% …. 2-5 Transactions
10.3% …. 6-10 Transactions
11% …. 11+ Transactions

When you are looking for an agent to represent you in a real estate transaction (a purchase or a sale) you want someone with experience! Ask them how many sales (transactions) they had last year. Or you can just call me. :)
Not all agents are created equal and you deserve someone who is committed to real estate as their primary, full time career. I have been selling real estate in Tucson for over 11 years and it IS my full time career. I am here to serve you.

Renée

Have your Portrait done and help a good cause!

2011-02-28T10:13:00.002-07:00

Bring the family out April 9th to Reid Park for your “mini” portrait sessions of 20-30 minutes. The cost is $75 to participants, and you will receive an 8X10 and 2 5X7’s. In addition there will be other products and prints available at discounted rates exclusively for participants.
Remember this is a fundraiser to raise money for new discoveries in childhood cancer. All proceeds will directly benefit the Layla Grace Children’s Cancer Research Foundation.

Registration begins next Monday, March 7th
Book your session with Shannon Karczewski of Shanka Photography!

http://laylagrace.org/get-involved/fundraising-events/2nd-annual-portrait-party/

Have a beautiful day.

New Listing in the heart of the Foothills

2011-02-19T11:36:00.003-07:00

I am pleased to present a new listings that is beautiful and inspiring.
Elegantly appointed custom 3508 square foot 4bedroom, 3 bathroom Giachetti home in prestigious gated Bellas Catalinas Estates. Situated on a ridge top 1.5+ acre private lot you will enjoy sensational panoramic views from every window opening to the natural luxury of Saguaros, wildlife, & mind blowing Catalina views. Interior appointments feature warm, rich tones of hardwood floors, 14' floor to ceiling custom crafted bookshelves & plantation shutters for quiet serenity in the formal living & dining rooms. Spacious gourmet kitchen boasts brand name SS appliances with Sub zero fridge, Miele dishwasher, granite tile counters, 5 burner gas range, brushed chrome hardware, 42'' cherrywood cabinets and center island for the entertainer in you! A MUST see, with grand master suite & bath w/canterra stone accents. Dramatic flagstone wrap around patios, salt water pool & spa, & fire bar will grab your buyer's attention. Reverse osmosis, water softener are great added features. This home is breathtaking and everything you could ask for in the heart of the foothills. Offered at $1,050,000
Call me for your private showing or if you know someone who would love to see this outstanding home.
MLS#21105518
465-0301

Happy Valentines Day

2011-02-14T06:39:00.000-07:00

Everything you love is what makes a life worth living. Take a moment, away from what you are working on, and make a list of all the things you love. Don't edit yourself; don't worry about prioritizing or anything of that sort. Simply think of all the things you love. Whether it's the people in your life or the things that bring you joy or the places that are dear to you or your God. You could not love them if you did not have a heart. Loving requires a heart that is alive, awake and free.

"A life filled with loving is a life most like the one we were intended to live from the beginning."

Valentines Day is not just about your sweetheart but about all the people, places, things and moments we love in our life. Take some time today to recognize and honor this great love you have to give and open yourself to receive great love.

Recession, Recovery and Expansion TAR 2011 Summit

2011-01-29T09:12:00.000-07:00

The Tucson Association of Realtors 2011 Summit was January 27th and I was fortunate to be able to attend.
The main presenter was Marshall Vest, Director of Economic and Business Research Center at the University of Arizona’s Eller College of Management. He is an authority on Arizona’s economy and is a consultant to a number of Arizona’s largest companies, Arizona’s Governor and Legislature, as well as a number of local governments. With 30 years heading the College’s Forecasting Project, Mr. Vest has authored over 175 articles on the economy. These forecasts are recognized as among the most accurate in the western states, and he is frequently quoted in both the local and national business press.
We also had a chance to hear from the Manager of the Town of Sahuarita, Jim Stahle; the Manager of the Town of Oro Valley, Jerene Watson; the Manager of the Town of Marana, Gilbert Davidson; and the Manager of the City of Tucson, Mike Letcher.
Each speaker shared their view on where our community is going and what they see for 2011.

The following is a re-cap.
According to Mr. Marshall Vest the US economy is in expansion mode. The recovery is over and nationally we have regained (or recovered) the loss and the GDP (Gross Domestic Product) is high. Although unemployment is still high and credit is still shrinking the national numbers are up and moving in a positive direction.
In 2005 the real GDP was 13.5 trillion dollars today that number is the same. Confirming that we are back to where we were in 2005. Further support of this is the growth in the real GDP for the last six quarters in a row. The expected growth rate is 2% to 3%.

Arizona’s economy however is just beginning its recovery. This recovery phase is predicted to last to 2013 followed by our expansion phase beginning end of 2013 beginning of 2014.

A quick look at our housing numbers. Presently we have an enormous inventory of vacant homes. In Arizona we have approximately 130,000 homes sitting vacant (where they once received mail and now have not for 90days or more) this is 4.9% of all houses. The normal rate is 1.5% of all homes are vacant.
Nearly half of all Arizona home owners are in a negative equity situation.
The number of foreclosures in Arizona placed us in the second highest state in the US. The highest number of foreclosures was in Nevada. In 2010 one in 17 homes received foreclosure notices which is 5.73%. However, this is down 4% from 2009. To give you some perspective on where Tucson sits within the state of Arizona, while AZ is the 2nd highest state in the nation for foreclosures Tucson is not even in the top 50 city’s for foreclosure. Las Vegas was the number one city in the nation for foreclosures with Phoenix as number two, Orlando, FL was number three and Ft. Lauderdale, FL was number four.
Tucson lost around 30,000 jobs during the recession however they are working hard to make those back up. The top three areas of industry that provide the most employment in Tucson are: 1. High Technology at 12%, 2. Tourism at 12% and 3. U of A at 12%

Retail sales were up in 2010 and are expected to grow 6-7% in 2011.
Tucson will continue to see modest improvements in our recovery in 2011 and this really accelerated in 2012 and 2013.
Investors are starting to come back into the market of home purchases with prices so low they consider this a time they cannot afford NOT to buy. As our inventory of vacant homes comes down new building will once again begin and that will be the jump start to our local economy.

If you would like to know more about the TAR 2011 Summit or hear more specifics on your area (Sahuarita, Oro Valley, Marana or Tucson) please give me a call. I’d love to meet with you and talk about the great things to come for Tucson over the next couple of years.
Thank you.

Renee

Five New Year’s Resolutions for Improving your Home

2011-01-21T09:31:00.002-07:00

The New Year is a popular time for resolutions, so why not add some ideas for improving your home.

1. Rid Your Home of Clutter.
If you're thinking about putting your home on the market, it's a known fact that homes with less clutter will sell faster. Go through your entire home, including the garage, and clear out anything that's no longer of use. You can even earn some money for your efforts by holding a garage sale or donating the items to charity.

2. Spring is for Cleaning.
When was the last time you did a real Spring cleaning? One where you cleaned behind the oven and fridge, or pulled the books out of the bookcases before dusting? Keep in mind that a good spring cleaning doesn't have to take place in one day, and it can start in winter, when you're inside due to the colder weather.

3. Deal with Roof "Issues".
Winter can wreak havoc on your home's roof, so early Spring is a good time to assess its condition. Loose or cracked roof tiles should be replaced, every 3 to 5 years a flat roof should be recoated and or low spots addressed and touched up, and the chimney should be thoroughly inspected.

4. Go with the Flow.
Plumbing is very important to both homeowners and homebuyers. Is the hot water hot enough? Do the showers have the perfect pressure? Does the toilet run longer than it should? Start paying attention to these "minor" issues and work to get them resolved.

5. Embrace the 21st Century.
Look around your home and determine where it may be reflecting its age. For instance, if you've got "pop-corn" ceilings, consider getting rid of them. It's a messy project, but it will improve the look and feel of your home and the value if you ever put your home on the market.

If you would like further tips or any more information on the above please feel free to call or email me anytime. I would love to help!

Renee

Remodel Trends for 2011

2011-01-13T09:28:00.002-07:00

After the demanding economic times of the past few years, it's not surprising to see homeowners choosing projects that evoke feelings of comfort. People are also going out less and entertaining at home more, so improvements that increase the usability of available space are popular.

1. The Zen-Like Bathroom

The 'bathroom as spa' (aka, 'hideout from daily life') has been a trend for years and is still going strong. Luxurious elements such as Jacuzzi tubs, steam showers, and dual showerheads add to the effect. According to some designers, rectangular sinks are gaining ground, as are larger-sized tiles for flooring. Wood-based elements reminiscent of actual spas are also being seen more frequently.

Tip: Think of ways to incorporate as much technology as possible, for example, by installing a flat screen TV for the bath.

2. Warm, Muted Colors

Experts predict that warm neutrals will continue to be popular this year, along with the creams, beige, and mushroom colors that until recently were more common in higher end homes. However, you'll also notice a surprising blend of cool and warm colors added to the mix.
According to HGTV the color of the month for January is Pantone’s Silver Peony.

Tip: When considering resale, it's usually safer to choose a color that doesn't make a huge statement.

3. Open, Informal Kitchens

The kitchen is still the heart of the home, and it's a place where great feel should meet functionality. Today's home buyers overwhelmingly choose kitchens that are open to a gathering place such as a family room, so remember to think 'flow,' and try to envision several people cooking and guests mingling when you consider floor plans.

Kitchen flooring these days is frequently tile, especially ceramic tile or natural stone tile such as honed Travertine. Hardwood is also a popular choice, although more subject to water damage, and granite and quartz are still very popular materials for countertops. Soapstone is another countertop option that is gaining a solid following, although it requires a little more care.

Tip: When remodeling a kitchen, remember to preserve (or create) enough counter and cupboard space. Above all, a kitchen needs to be functional!

4.Outdoor Entertaining

The trend of turning outdoor spaces into entertaining areas has gained enormous popularity over the past few years, especially here in Tucson where we have great weather year round. Installing an outdoor cooking area, fireplace, and electronic entertainment (or at least wiring for it) will allow the space to retain its value and functionality for years to come.

Tip: Envision how you anticipate using the space, not just now, but in five or ten years.

If you'd like more information or if you would like me to take a look at your home for ideas and tips on getting the highest value for your improvements in resale, please give me a call. I’d love to meet with you.

Renee

Happy New Year!

2011-01-03T09:07:00.003-07:00

Happy New Year to everyone. It is the first Monday of the new year and most of us are back to our routines. Remember to follow your heart and take time to love and laugh this year and let’s all make it a great 2011!

Your personal Realtor, Renee

Be always at war with your vices, at peace with your neighbors, and let each New Year find you a better person. ~Benjamin Franklin

Is your house on a Well?

2010-08-30T10:49:00.001-07:00

If your property is on Domestic Well Water when you sell there is a transfer fee. This fee just went up from $10 to $120! For more information or the latest on changes in the Real Estate market please give me a call. I am here for you with all the most current information.

Renée

The Best of the Best

2010-07-15T16:25:00.001-07:00

As your personal Realtor I want you to think of me as your one stop resource for all things Tucson. I have lived in Tucson my entire life and been a Realtor here for 10 years. I have been through the good and the bad when it comes to local service providers and vendors.
If you are looking for a referral to a great trade’s person call me first! Please don’t just go to the phone book (or Dex online) hoping to pick the right one. My vendors have proven themselves to be the best of the best.
So if you are looking for a service provider, anything from Dentist or Vet to Plumber or Painter, and anything in between, call me first and I will make sure you are well taken care of.
Often times my preferred vendors will give special discounts exclusive to my clients so be sure to tell them I referred you!

I look forward to being of service.

Renée

Oprah’s Debt Diet

2010-06-30T20:41:00.000-07:00

Today Oprah aired the final installment of her Debt Diet series. Helping American’s gain control of their finances and get out of debt.
All the experts agree the #1 investment for ALL Americans is to own a home. The average net worth of a home owner is 34 times GREATER than that of a renter.
Do yourself and your future finances a favor and buy a house.
There is no better time in history than now. Prices are low and so are interest rates.
Take the step; you (and your finances) will be glad you did.

If you would like to consult about the Debt Diet steps laid out by the financial experts on Oprah’s panel I would be more than happy to sit down with you and set up an action plan to put you on the road to wealth.

Call me anytime.

Your Realtor and your Advocate.

Renée

What you need know about Real Estate in 2010.

2009-12-21T14:52:00.002-07:00

1. 40% of all transactions take place in the first 90 days of the year.
50 years of research from the National Association of Realtors has proven that.

If you are a seller don’t wait to put your house on the market, take advantage of the high amount of sales activity that takes place all before the end of March!

2. NAR (National Association of Realtors) forecasts that first-time buyers will again be a dominant force in 2010 at 45% of the market. A 2009 NAR study revealed that 53% of first time buyers were referred to an agent to purchase their home.

3. Home sales prices are expected to increase in 2010
Lawrence Yun, Chief Economist of NAR, expects a 20% boost in existing home sales in the first half of 2010 compared to the same time last year. This will further reduce inventory and set the stage for price increases in many parts of the country.
One factor underlying the home sales forecast is that mortgage rates will continue to remain at near historic lows-under 6%.

4. Studies show that 84% of all homes are sold by professionals who were referred to buyers and sellers.

When your friends mention they are going to be buying or selling a home (or both) please think of me and refer them. I would love to be of service and provide a wonderful buying and selling experience.

Thank you!

Renée

Tax Credit Bill Summary

2009-11-07T19:56:00.000-07:00

How the homebuyer tax credit would work:
· Tax credit: Ten percent of the purchase price of a primary residence, up to a maximum of $8,000 for first-time homebuyers and $6,500 for repeat buyers who purchase between December 1, 2009 and May 1, 2010. First-time homebuyers are defined as people who have not owned a home in the previous three years. Repeat buyers must have owned their current home at least five years. The credit cannot be used for houses costing more than $800,000.
· Deadline for qualifying: Purchase agreements must be signed by April 30, 2010, and closings must be final by June 30.
· Military deadline: The deadline is extended by a year for members of the military who have served outside the U.S. for at least 90 days from Jan. 1, 2009, to May 1, 2010.
· Income limits: Individuals with annual incomes up to $125,000 and joint filers with incomes up to $225,000 qualify for the full credit. Individuals with incomes up to $145,000 and joint filers with incomes up to $245,000 qualify for reduced credits.
· How to apply: Taxpayers can claim the credit on their federal income tax returns. If the credit exceeds their tax bill, the government will issue a payment. Taxpayers who want immediate refunds can amend their tax returns for 2008 to claim the credit.
· New anti-fraud limitations imposed.
· Cost: $10.8 billion.
Source: Bloomberg Press and Associated Press and confirmed information with the content of the Senate bill.

Homebuyer Tax Credit Update!

2009-11-07T19:49:00.000-07:00

Tax Credit for Homebuyers
First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000.
Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.
Current Owners: The tax credit program now gives those who already own a residence some additional reasons to move to a new home. This incentive comes in the form of a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years.
Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.
What are the New Deadlines?
In order to qualify for the credit, all contracts need to be in effect no later than April 30, 2010 and close no later than June 30, 2010.
Tax Credit Versus Tax Deduction
It’s important to remember that the tax credit is just that… a tax credit. The benefit of a tax credit is that it’s a dollar-for-dollar tax reduction, rather than a reduction in a tax liability that would only save you $1,000 to $1,500 when all was said and done. So, if a first-time homebuyer were to owe $8,000 in income taxes and would qualify for a tax credit of $8,000, she would owe nothing.
Better still, the tax credit is refundable, which means the homebuyer can receive a check for the credit if he or she has little income tax liability. For example, if a first-time homebuyer is eligible for a tax credit of $8,000 but is liable for $4,000 in income tax, she can still receive a check for the remaining $4,000!
Higher Income Caps
The amount of income someone can earn and qualify for the full amount of the credit has been increased.
Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible
Joint filers who earn up to $225,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, joint filers who earn $245,000 and above are ineligible.
Maximum Purchase Price
Qualifying buyers may purchase a property with a maximum sale price of $800,000.
------------------------
Remember, the new tax credit program includes a number of details and qualifications. For more information or answers to specific questions, please call or email me today.

Renee

Shred It

2009-10-26T06:18:00.001-07:00

Do you have a stack of papers that you don’t want to just throw away for security reasons? Or old files that you no longer need but you don’t know what to do with?

Thursday, October 29th from 9am to 1pm

Everyone is invited to bring all your old files, checks and other personal or business paperwork and clean out those cluttered file cabinets. The destruction equipment does not require the removal of paper-clips or staples and your documents are shredded in your presence. There is NO limit to the amount of files or boxes you can bring and this is FREE.

If you bring a non-perishable food item, or money, to donate to the Community Food Bank you will be entered into a raffle to win a new personal shredder.

The shredding party will be located in the back parking lot of the Southern Arizona Community Bank at 6400 N Oracle Rd Tucson, AZ 85704

Tucson Ranks Top Place for Simple Living by AARP

2009-09-25T11:42:00.001-07:00

USA Today printed an article that was titled:
Tucson is the top go-to place for simpler living, says AARP

Demographers used statistics from the U.S. Census Bureau and other sources to evaluate towns and cities on a variety of criteria. They looked at places with a low cost of living and that offered a wide range of activities. They looked for affordability, low rates of unemployment and the ability to walk and bike to work along with other “outdoor amenities” such as farmers markets and hiking. They also looked at low rates of suicide, crime, divorce, depression and other factors that play into how stressed people feel living there. Once they came up with 25 the editors at the magazine picked the top cities in different areas of the country to make sure that every region was represented. Tucson made the top!

1. Tucson, AZ
2. Greenville, S.C.
3. Montpelier, Vt
4. Logan, Utah
5. Ames, Iowa
6. Northampton, Mass.
7. Lexington/Fayette, Ky.
8. Texas Hill Country
9. Oxford, Miss.
10.Walla Walla, Wash.

For more information on all that Tucson has to offer and the quality of life here, please give me a call. I was born and raised here in Tucson and would be happy to share with you all the splendor this town has to offer.
If you want to live simply and enjoy each day, Tucson is the place to be.

Renée

NAR Information on Revised TILA Disclosure Requirements Take Effect on July 30, 2009

2009-07-27T16:57:00.002-07:00

There are many rapid changes occurring in the real estate mortgage and lending industry it is critical to use a lender who is current on these daily changes. Most recently the federal government is passing a new law in the Truth in Lending Act. Below are a few of the highlights provided by the National Association of Realtors. If you would like more information or the name of a great lender please give me a call.

Now is a fantastic time to be a buyer so if you know someone looking to make a home purchase I would love to help them.

Lenders will be subject to new disclosure requirements for mortgage loans under the Federal Reserve Board Truth in Lending Regulation (Reg Z). The new requirements apply to loan applications filed on or after July 30, 2009. The new rules are complex and compliance will be a challenge for lenders. REALTORS® will want to advise clients of potential delays and the new procedures. Here are key highlights of the changes:

-- The new requirements apply to all mortgages secured by a borrower’s home, including primary and second homes and refinancings. Investor loans continue to be exempt.
--Lenders must give good faith estimates of mortgage loan costs within 3 business days after the consumer applies for a loan (early disclosure). The lender may not collect any fees before the disclosure is provided, except for a reasonable fee for obtaining a credit report.
--The closing may not take place until expiration of a 7 day waiting period after the consumer receives the early disclosure.
--If the annual percentage rate (APR) increases by more than 0.125 percent, the lender must provide a corrected disclosure to the borrower and wait an additional 3 business days before closing the loan. The APR includes not only the interest rate on the loan but certain other costs related to settlement, so it will be important for any fees that affect the APR to be as accurate as possible, as early as possible, to minimize the need for a corrected TILA disclosure.
--The consumer may modify or waive both waiting periods for a documented personal financial emergency, but must receive the disclosures no later than the time of the modification or waiver.

Happy 233rd Birthday America!

2009-07-04T06:32:00.004-07:00

Today is Independence Day where we celebrate our freedom and the birth of the United States of America by the signing of the Declaration of Independence. I want to thank all our troops on the front lines and all our veterans who have served and sacrificed for our freedom.

Fun facts:
2.5 millionIn July 1776, the estimated number of people living in the newly independent nation.Source: Historical Statistics of the United States: Colonial Times to 1970
304 millionThe nation’s population on this July Fourth.Source: Population clock
$17.3 millionThe value of U.S. manufacturers’ shipments of fireworks in 2002.Source: 2002 Economic Census
$207 millionThe value of fireworks imported from China in 2007, representing the bulk of all U.S. fireworks imported ($217 million). U.S. exports of fireworks, by comparison, came to just $14.9 million in 2007, with Japan purchasing more than any other country ($3.8 million).Source: Foreign Trade Statistics

"This nation will remain the land of the free only so long as it is the home of the brave."

~Elmer Davis

I have included the complete Declaration of Indepence as a reminder of the meaning behind today.

Declaration of Independence singed in Congress, July 4, 1776.
The unanimous Declaration of the thirteen united States of America,

When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.–Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.
He has refused his Assent to Laws, the most wholesome and necessary for the public good.
He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.
He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.
He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their public Records, for the sole purpose of fatiguing them into compliance with his measures.
He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.
He has refused for a long time, after such dissolutions, to cause others to be elected; whereby the Legislative powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.
He has endeavored to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.
He has obstructed the Administration of Justice, by refusing his Assent to Laws for establishing Judiciary powers.
He has made Judges dependent on his Will alone, for the tenure of their offices, and the amount and payment of their salaries.
He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people, and eat out their substance.
He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.
He has affected to render the Military independent of and superior to the Civil power.
He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:
For Quartering large bodies of armed troops among us:
For protecting them, by a mock Trial, from punishment for any Murders which they should commit on the Inhabitants of these States:
For cutting off our Trade with all parts of the world:
For imposing Taxes on us without our Consent:
For depriving us in many cases, of the benefits of Trial by Jury:
For transporting us beyond Seas to be tried for pretended offences
For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies:
For taking away our Charters, abolishing our most valuable Laws, and altering fundamentally the Forms of our Governments:
For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.
He has abdicated Government here, by declaring us out of his Protection and waging War against us.
He has plundered our seas, ravaged our Coasts, burnt our towns, and destroyed the lives of our people.
He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation and tyranny, already begun with circumstances of Cruelty & perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.
He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.
He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages, whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.
In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.
Nor have We been wanting in attentions to our Brittish brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which, would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.
We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these United Colonies are, and of Right ought to be Free and Independent States; that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.
The 56 signatures on the Declaration appear in the positions indicated:
Column 1Georgia:Button GwinnettLyman HallGeorge Walton
Column 2North Carolina:William HooperJoseph HewesJohn PennSouth Carolina:Edward RutledgeThomas Heyward, Jr.Thomas Lynch, Jr.Arthur Middleton
Column 3Massachusetts:John HancockMaryland:Samuel ChaseWilliam PacaThomas StoneCharles Carroll of CarrolltonVirginia:George WytheRichard Henry LeeThomas JeffersonBenjamin HarrisonThomas Nelson, Jr.Francis Lightfoot LeeCarter Braxton
Column 4Pennsylvania:Robert MorrisBenjamin RushBenjamin FranklinJohn MortonGeorge ClymerJames SmithGeorge TaylorJames WilsonGeorge RossDelaware:Caesar RodneyGeorge ReadThomas McKean
Column 5New York:William FloydPhilip LivingstonFrancis LewisLewis MorrisNew Jersey:Richard StocktonJohn WitherspoonFrancis HopkinsonJohn HartAbraham Clark
Column 6New Hampshire:Josiah BartlettWilliam WhippleMassachusetts:Samuel AdamsJohn AdamsRobert Treat PaineElbridge GerryRhode Island:Stephen HopkinsWilliam ElleryConnecticut:Roger ShermanSamuel HuntingtonWilliam WilliamsOliver WolcottNew Hampshire:Matthew Thornton

Understanding Your Credit Score

2009-05-01T05:35:00.001-07:00

There are many questions and uncertainties about the lending situation in America right now. Understanding your credit score is more important now than ever. This months Item of Value I mailed out addressed this but I wanted to take it a little deeper.

How to Understand & Improve your Credit Score

Know the Rules: Too many credit applications can lower your score. Multiple inquires signal that you are having trouble successfully securing a loan and may be a credit risk or undesirable borrower. However, multiple inquires to the same type of lender, such as a mortgage company, are counted as a single inquiry if submitted over a short period of time.

Reduce Your Debt: Creditors look for an optimal total debt load of around 36% of your household income. You don’t want your mortgage, car loan and revolving credit card payments to total more than 36% of your monthly income.

Pay on Time: The easiest way to raise your credit score is to make all your payments on time every month. Over the span of several months, you will likely see your credit score improve. Any payments you can make automatic will prevent you from ever missing.

Timing is Everything: Wait 12 months following a credit problem before applying for a mortgage or auto loan. You will be penalized less for problems that are more than a year old.

Get Your Finances in Order: Avoid credit card purchases prior to applying for a major loan and stay away from independent finance companies with high interest rates, which reflect poor credit management. Transferring debt from one card to another is another way to lower your credit score. Paying off your credit card each month is ideal.

Plan Ahead: Don’t open new credit card accounts right before applying for a home or auto loan. Having too much available credit can lower your score. Also the longer you have been at your current job the better this reflects on our qualifications. If you plan on applying for a loan and will be switching jobs soon, apply before you start your new job.

The Five Parts of Your Credit Score
Your payment history (approx. 35%)
How much you owe (approx. 30%)
Length of credit history (approx. 15%)
New credit (approx. 10%)
Other factors (approx. 10%)

For more information, as always, just give me a call!

Renée

Spring Fun Day and 5K

2009-04-24T10:42:00.000-07:00

Well it’s that time of year again. I am preparing for my 3rd Annual Family Fun Day and 5K. Last year was a blast with the addition of the jumping castle and games for the kids. We also raised money for New Beginnings for Women and Children. This year you can expect the same great food, games, jumping castle and some new surprises too! We will once again be raffling off prizes donated by wonderful local businesses and donating all of the money earned to New Beginnings for Women and Children. Don’t forget the morning starts with an optional 5K run/walk. If you are not into the 5K join us after for food and festivities.
Event location:
Bandi Fenton Memorial Park (River & Dodge)
Date:
Saturday May 23rd

If you would like a training schedule to get ready for the 5K please call or email me I would be happy to provide you with one.
See you soon!

Renée

The Tucson Trade Show

2009-03-19T11:49:00.003-07:00

Saturday April 11th, 2009 from 1-4pm at the Windmill Inn and Suites

I want to personally invite you to attend the first ever Tucson Trade Show!
Admission is free and you will meet the best businesses Tucson has to offer.
Enjoy and afternoon of fun and education that won’t break the bank.
There will be light refreshments provided and live give-a-ways.
Come and enjoy trade show exclusive discounts, interactive demonstrations every 15 minutes and a chance to meet one on one with local businesses that are important to you and they way you live.
Feel free to bring a friend, or several.

Saturday April 11th
1:00-4:00pm
Windmill Inn and Suites St. Phillips Plaza the SE corner of River and Campbell

I look forward to seeing you there!

Renée

$8,000 Refundable Tax Credit for Homebuyers

2009-03-06T16:58:00.001-07:00

There is a new refundable federal tax credit allowed for the purchase of a principal residence. The tax credit is the lesser of $8,000 or 10% of the homes purchase price. This credit provides a dollar-for-dollar reduction in federal income tax or alternative minimum tax and is also refundable. This means that if the credit is more than your tax liability, the excess is refunded to you. The credit is authorized by the Housing Assistance Tax Act of 2008 and further amended by the 2009 Recovery Act. It applies to houses purchase after April 8, 2008 and before December 1, 2009.

To qualify for the full $8,000 credit:

+ You (and your spouse if married) must have not owned a principal residence during the 3 years period before the purchase of the home,

+ The purchase price of your home must be $80,000 or more, and

+Your adjusted gross income must be $75,000 or less ($150,000 for joint filers).

A partial credit is available for taxpayers with income greater than $75,000 and less than $95,000 ($150,000 and $170,000 for joint filers).

If the homebuyer purchases the residence in 2009, the homebuyer can elect to treat the purchase as made on December 31, 2008. By making this election, the tax payer will be able to claim the credit on their 2008 tax return.

For purchases made before January 1, 2009, the credit must be repaid over 15 years with no interest charge beginning in the year 2010. (See previous blog). If the home is sold before the 15-year period ends or it ceases to be your principle residence, the remaining credit must be recaptured in the year of sale.

For purchases made after December 31st, 2008, the credit is not subject to the payback provisions, unless you sell the home or it ceases to be your principal residence during the 36 months beginning with the date of purchase.

Consult with your tax advisor on how this credit may apply in your tax situation.

2009 in the time to buy!
Renée

Tax Credit for Homebuyers

2009-02-08T14:01:00.000-07:00

I have had several people ask me about the new “tax credit” for home buyers so I went to the experts at BeachFleischman and ask Jennifer Nordstrom for the details.

“There is a new refundable federal tax credit allowed for the purchase of a principal residence. The credit is the lesser of $7,500 or 10% of the home’s purchase price. This credit provides a dollar-for-dollar reduction in federal income tax or alternative minimum tax. The credit is authorized by the Housing Assistance Tax Act of 2008, and applies to houses purchased before July 1, 2009.

To qualify for the full $7,500 credit:
- You must have not owned a principle residence in the last 3 years
- The purchase price of your home must be $75,000 or more
- Your adjusted gross income must be $75,000 or less ($150,000 for joint filers)

A partial credit is available for taxpayers with income greater than $75,000 and less than $95,000 ($150,000 and $170,000 for joint filers).

If the homebuyer purchases the residence between January 1 and June 30, 2009, the homebuyer can elect to treat the purchase as made on December 31, 2008. By making this election, the taxpayer will be able to claim the credit on their 2008 tax return.

The credit must be REPAID over 15 years with no interest charge beginning in the year 2010. However, if the home is sold before the 15-year period ends, the remaining credit must be recaptured in the year of the sale.”

For more information please consult with your tax advisor or call Jennifer Nordstrom at BeachFleischman (520) 618-1239.

Your Real Estate Expert,
Renée

Featured Business to Know

2009-01-16T14:55:00.001-07:00

Whether it is personal or business technology is such a big part of our daily lives we hardly even realize how deep it runs until we have a problem. Last week my computer “crashed” and I was completely LOST! My whole life is on my computer as I am sure many of you can relate. However, when this tragic event occurred I knew just who to call to get my computer going again. Tom Stutsman, owner of Quik Techs Computer Services, came over right away and diagnosed the problem in less than 5 minutes. He even had the part I needed (a new RAM card) in his car! He had my computer restored to better than before and my life running smoothly once again. I cannot speak highly enough of Tom, his company and the level of service and expertise they provide. If you have any computer questions or issues he is the only name you need to know. You can reach them at (520) 971-2269 or you can always look on my Business Directory for more great local business.

Renée

Welcome 2009!

2008-12-31T16:00:00.001-07:00

I hope everyone had a wonderful holiday season filled with joy and good health.
As 2008 comes to an end I am reflecting on the years events. It has been a year full of ups and downs for many. I want to express my sincere gratitude to everyone who allowed me the pleasure of working with them this year and to all those who sent me the referrals of these wonderful people. Your continued loyalty and support mean the world to me.
As we embark on 2009 I see a year of positive growth, change and movement in the real estate market here in Tucson. Prices and interest rates are at an all time low (no kidding!) now and that will not last forever. As your trusted advisor, I'm committed to doing whatever I can to help you understand what the current economic situation means for you and your family going forward in 2009. I look forward to helping you or your friends and family with all your real estate needs. Give me a call if you want to discuss strategies for strengthening your financial future in the weeks and months to come. I look forward to hearing from you. Let’s make 2009 great.
Happy New Year!

Renée

Mortgage Market Changes

2008-12-03T07:12:00.001-07:00

There have been some important current mortgage market changes. The move in the past week by the Federal government has caused a very significant drop in mortgage rates. This is great news and we need to take advantage of the steep drop in rates quickly, this is a real opportunity.

Most of the time when things go on sale people get excited. Well…houses are on sale and we should all be excited! It took the government one full year to declare that we are in a recession that started December of 2007. Don’t wait another year to learn that we started coming out of it in December of 2008. By that time prices will have gone up. If you receive my newsletter you know that Tucson has been on a trend of stabilization. Rather than being fearful, take action and keep our market moving in a positive direction. It is always better to be proactive than reactive and then finding yourself saying “I wish I had done something then.”
A lender told me yesterday he was able to lock a 30 year fixed rate for a client at 5.25%! We do not know how long this will last but today opportunity is knocking. There has been no better time to borrow money and buy a house on sale!

Let’s keep Tucson moving.
Renée

Worried About Identity Theft?

2008-11-23T21:59:00.000-07:00

Identity theft is the number one fastest growing crime in America and Arizona is number one in the nation for the fourth year in a row for Identity Theft. In 2006 there were 327 reported breaches, there were 100.3 million identities compromised yet the number of thieves sentenced was only FIVE. To date there are close to 200 million identities that have been stolen. It is expected to be 20 times worse in the next two years.
There are five types of Identity Theft.
1. Drivers License
2. Social Security
3. Medical
4. Character or Criminal
5. Financial
We tend to focus on the fifth type however they are all a concern.
What can we do? It boils down to Deter, Detect and Defend.
Keep all sensitive information in locking file cabinets. Shred any information you no longer need. Be careful about what you put in your out going mail box. And never give out your social security number unless it is absolutely necessary. Most companies (like your bank and credit card companies) can identify you in other ways such as a series of questions. Early detection of potential identity theft can make a big difference. Keep an eye out for suspicious activity by regularly monitoring your financial statements and credit reports. If you should become a victim of identity theft the following steps will help.
Place a fraud alert on your credit reports and review your credit reports.
Close the accounts that you know or believe have been tampered with or opened fraudulently.
File a complaint with the Federal Trade Commission.
File a report with your local police or the police in the community where the identity theft took place.
In some cases if you fail to follow these steps and report it quickly enough you may be held responsible.

The above information comes from a class I just took on Identity Theft and an article put out by First American Title from the Federal Trade Commission.

Be sure to visit the Federal Trade Commission’s website on Identity Theft to learn more. They will provide information to help you deter, detect and defend yourself against Identity Theft.
www.ftc.gov/idtheft

Be careful and protect yourself.

Renée

6th Annual Gratitude Gathering

2008-11-17T07:49:00.004-07:00

At a time when others are cutting back I am giving back. That is what my 6th Annual Gratitude Gathering was, a giant client appreciation party. The event was this past weekend at the Embassy Suites Paloma Village and it was a total success! I want to thank everyone who made it out and made the night special. I also want to give an extra “Thank you” to all the vendors who donated to the event. We gave out 30 prizes all donated by wonderful local business.
Select Mortgage, Curt Cannon
American Home Mortgage, Jerry Hoy
Adam Amante, Fortress Financial
Bekki Booth, American Home Guardian
Andy Cassells, Castle Flooring
Mara Concordia, Peaceful Spirit Massage Centers
Alan Lerch, Desert Foothills Carpet Cleaning
John & Pat Maisch, Oro Valley Heating and Cooling
Jo Martin, Title Security
Tia Martin, AK Gift Solutions
Dr. Jay Phillips, Casas Adobes Chiropractic
Pam Phillips, P2 Preparedness
Gina Quiros, Mary Kay
Jose Rodriguez, Embassy Suites
Jana Socha, Send Out Cards & Mystic Lights Photography
Tom Stutsman, Quik Tecks Computer Services
Rosalind Tao, Bellows Consulting
Robert Townsend, Townsend Fine Art Photography
Shari Treiber, American Home Shield
Wayne Zatarain, AmeriSpec Home Inspection

The start of the evening was cocktail hour on the patio and a game of “what T.V. character am I?” Then we moved into the ballroom for dinner catered by Red Sky. The theme “Survey says…” was two fold. After dinner we played a great game of Family Feud in teams based on our T.V. characters show/family. Guests had the opportunity to meet other clients of mine and I know several new friendships were made. After dinner I had a survey of my own. I am always seeking to improve my business and the services I offer you, my clients. I want to know what is working well and what needs changing or improvement so that I can better serve you and you’re your referrals. Thank you to everyone who filled out the short survey; your feedback is so important to me. If you have any other comments or feedback for me I would love to hear from you. Please feel free to call or email me any time.
Thanks again for a wonderful fun filled evening. More to come with photos from the party… check back soon.
Oh by the way... if you know of someone looking to buy or sell a home I would love to help them.
Renee

A fulfilling career

2008-10-29T17:57:00.002-07:00

Understandably I have been getting the same question over and over lately… “How is your business doing?”
The honest answer is that it has slowed. However, each person and family I help now is more rewarding than ever because I know I have helped navigate them through these unique market conditions. There was a time, a few short years ago, when even an inexperienced agent managed to help clients (although I will always advocate the use of an experienced professional). I know now more than ever people need a Trusted Advisor. Someone who is looking out for their best interest and can give gentle guidance in their decision making process. With the markets continually changing it is more important than ever to seek out a professional with experience, knowledge and your best interests at heart. Any agent can take a listing but I am interested in giving you good council so that you can make the right decision for your family. It is important to me to be honest and use my 9 years of experience and knowledge of the Tucson market to help you come to the best decision for your particular situation. Yes, I have a proven track record in sales however, if you also want a Realtor who will be honest and who cares about what is best for you give me a call.

Until next time, Renée

Proposition 100

2008-10-16T17:04:00.002-07:00

I have had several people ask me how to vote on Proposition 100. This proposition is critical to Real Estate and property owners here in Arizona and could greatly impact you when you buy or sell a home.

Proposition 100, The Protect Our Homes Initiative, will protect both families and businesses from the damaging effects of a real estate sales or transfer tax. A real estate sales or transfer tax is a state or local government imposed tax that is collected when you sell or transfer ownership of your home, land or commercial real estate. While Arizona currently does not have such a tax, there is nothing to stop one from being enacted at any time. Proposition 100 will ensure that real estate sales or transfer tax is never a burden Arizonans have to face. Proposition 100 will protect the equity that people have worked hard to build in their homes and property. Since home and property owners already pay annual property taxes, an additional tax would be double taxation. Further, Proposition 100 will help keep housing affordable in Arizona by preventing a rise in closing costs and will allow more Arizonans and their families to purchase a home or property while protecting those living on fixed or low income.
Vote YES on Proposition 100.

Welcome

2008-10-16T17:02:00.002-07:00

Welcome to my blog. I am so excited about this new format to communicate with you. Here I plan to post current information regarding the real estate market, happenings around Tucson, promotions through my preferred vendors and more. Be sure to check back frequently for all the latest or subscribe to my blog so you are sure to never miss a thing. I look forward to enhancing the level of service and expertise I bring to you as your Realtor and trusted advisor. Now more than ever we need a resource that we can trust for accurate information, it is my pleasure to bring this to you!
It’s a good life!
Renée