RECENT BLOG POSTS
With a majority of sellers in my local markets of Avondale, Goodyear, Glendale, Litchfield Park, and Surprise, Arizona "upside down", this is a question I am often asked. There really is only one answer for families in this situation...a "short sale." A short sale is an agreement where the lender...
04/29/2009
My local service area which includes the Phoenix West Valley cities of Avondale, Goodyear, Litchfield Park, Surprise and Glendale has been one of the hardest hit real estate markets in the country. As a result, most new clients in these cities always want to start with foreclosures. Thanks to doz...
04/14/2009
In recent weeks I have been dealing with the false perception amongst some of my clients that a home buyer in today's market needs to have a sizable down payment. It seems that between the government assertions that we "need to get credit flowing again" to the media's constant negativity about ba...
04/01/2009
The local markets I serve, Litchfield Park, Goodyear, Avondale, Surprise and Glendale, Arizona (West Valley Phoenix) have been some of the hardest hit areas in the nation. Many of our local communities have witnessed price drops in excess of 50% from 2004-2008. I field calls almost daily from hom...
03/24/2009
I started investing in foreclosed properties in 1996. I can still remember the very first investment property I ever purchased. It was at a live auction of HUD homes located in the Inland Empire of Southern California. I had spent weeks investigating about 300 properties for sale and had narrowed...
03/10/2009
Far be it for me to disagree with the venerable Mr. Warren Buffet but I just about choked when I read his recent comments regarding mortgage lending and the housing crisis. In his Annual Letter to Berkshire Hathaway shareholders Mr. Buffet indicated that "home purchases should involve an honest-t...
03/04/2009
The Litchfield Park Cityline Newsletter has been updated for the period March - June 2009. Click here for the latest update from the City of Litchfield Park:  City of Litchfield Park's March through June, 2009  Have a question about Litchfield Park Real Estate? Contact me today. James R. Samsing,...
02/27/2009
No really, I'm not kidding.   I did. Like many of you I was once stuck living in an expensive metropolitan area, stressed about keeping my job because I had a wife, 4 kids and a $6500/mo house payment. That's $6500/mo so I could live in a 30 year-old, 4 bedroom, 3 bath, 3,000 sq ft tract home in ...
02/27/2009
Over the course of the last week I've had the chance to read a large number of blogs and Realtor posts regarding short sales. I can't imagine there is another subject with a wider degree of opinion! There is so much information, both good and bad, it is easy to see how consumers and Realtors alik...
02/25/2009
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James "J.R."Samsing

local_phone(602) 379-1444
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