Meet the Newest Member of Our Team: Chris Walker

There are many great Phoenix area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a Market Analysis so you know what buyers will pay for your home in today's market. You may also call me at (602) 413-8195 for a FREE home buying or selling consultation to answer any of your real estate questions.

 We are excited to announce that we have a new director of business operations and marketing here at the Monique Walker Team: Chris Walker! On the business operations side of things, Chris will be implementing new systems and software to enhance an already efficient and expeditious process. For marketing, he will lead our software and social media efforts, which will result in increased exposure for our selling clients, faster close of escrow, and an increase in net profits for our clients.

Chris is a fantastic addition to an already stellar team. Monique has been in the real estate business for 11 years and professionally trained by one of the most reputable coaching programs in the U.S. for 8 years. She was rated the #1 Re/Max Excalibur agent in 2012 and 2013 and the #2 Re/Max agent in Arizona in 2013. This kind of success is reflected in the number of families her team has been able to help - 80 in 2012, 100 in 2013, and 80 already this year to date! As you can see, the Monique Walker Team keeps getting better and Chris is only going to add to the success.

If you are looking to buy or sell your home in the Scottsdale area, give us a call or shoot us an email. If you're selling, we will net you the most amount of money in the quickest amount of time on the sale of your home; if you're buying, we'll help you find your dream home in a professional and expedient manner. Get in contact with us soon for the best real estate experience in town!

How we helped Priscilla sell her home by following through and doing what we’ll say we’ll do

"I was very happy with the experience and the results we received. I’ve never really worked with a team before and I think it worked out very well because if there was one person dealing with one aspect, I could just contact them. They did everything they said they’d do, which means a lot. They communicated exactly what they would do and what I needed to do and the communication factor was really a big plus."

How you can get back in the housing market after a short sale or foreclosure

There are many great Phoenix area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a Market Analysis so you know what buyers will pay for your home in today's market. You may also call me at (602) 413-8195 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today we're here with our preferred lender Tom Ross with Nova Home Loans. What we want to talk to you about today is getting back in the housing game after having a short sale or foreclosure. This happened to many of us between 2008 and 2010 and right now there are a lot of options for you to get back out there and get back into a home.

The fastest way to get back into a home is with Nova Home Loans. If you went through a strategic short sale or foreclosure, meaning that you were only laying on the mortgage and not anything else, you qualify for our Home Again product. You can get this loan one day after a short sale or foreclosure and you can get up to a million dollars. You do need 25% down, and it has to be a strategic default for you to qualify.

For conventional financing on a foreclosure, you will have to wait 7 years no matter what. The good news for those of us that had a foreclosure in 2008 is that next year you will be able to buy again. For conventional financing on short sales, you basically have 3 tiers: 

• The first tier is 20% down, which you can get after 2 years. 
• The second tier is 4 years after a short sale and 10% down. 
• The third tier drops to 5% down after 7 years.

For FHA financing, foreclosures and short sales are treated equally. It's a 3 year waiting period either way. The FHA price is maxed out at $271,050. VA financing is also an option and with this loan you can purchase again only 2 years after a foreclosure. If you have a good credit score, you could qualify even sooner.

Nova Home Loans has a great credit services department. You can contact them to figure out where you are at with your credit and where you need to be. Many of our clients have utilized this service and have really patched up their credit scores and gotten some solid advice.
 

If you have any questions about credit or financing, please feel free to give us a call. We would be happy to help you.