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1930’s (U of A area) Spanish Style fix-up home now on the Market
Posted on August 29th, 2010 No comments
LOCATION, LOCATION, LOCATION! (New listing on the Tucson, AZ real estate market). You can’t get much closer to the UA campus than this! Two houses down from Sam Hughes Place sits this 1930’s Spanish style Bungalow, which has many original historic details. Possibly original wood floors, coved ceilings, arched windows & doorways. Fireplace in family room. Alley access for parking & also room to park two cars & possibly build a carport on the west side of property. Separate studio guest house has a bath with shower & efficiency kitchen = approximately 160 sq.ft.- not included in assessor’s square footage. (Believed to have originally been a garage). Desirable R-2 zoning offers expansion possibilities. Home has been a rental for many years & is currently occupied by the owner’s son & two roommates. This home is somewhat of a fix-up, & is being sold in AS IS/WHERE IS condition. It needs work, but is priced accordingly at $249,000. Call Sarah Ley with Long Realty Company at (520) 404-0544 if you would like more information about this property, or Tucson real estate in general.
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The Dog Days of Summer…
Posted on July 25th, 2010 No comments
If you want to buy a home in Tucson, there is no time like right now! As Warren Buffet says, “When everyone is fearful, be greedy. When everyone is greedy, be fearful.” If you are a buyer in the Tucson real estate market, why not take advantage of these last few ‘dog day’ weeks of summer (when everyone else seems to be doing something else), and buy your home now. There are numerous deals to be found throughout the Tucson valley. A few years from now, people may be kicking themselves as to why they didn’t buy in the summer of 2010. Call Sarah Ley at (520) 404-0544 if you would like make you move in the Tucson, AZ real estate market.
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Bank Owned Homes- What you don’t know can hurt you!
Posted on July 17th, 2010 No commentsThe bottom line for buyers is that bank owned homes can be like peeling an onion. You don’t know how many layers of damage there are! Considering the lack of facts and disclosures associated with bank owned homes, it is imperative to procure the services of a good home inspector. Get an inspector who is ASHI certified, and one who will take pictures of suspected issues the home has. Since most bank owned homes are sold in “as is, where is condition,” if you are considering purchasing a bank owned home, in addition to having the house examined from head to toe, you will need to get several bids from licensed contractors for necessary repairs prior to buying the house. Remember the old saying, “Caveat emptor.” This rings true with bank owned homes. Let the buyer beware! The issues of this house will be your issues if you buy it!
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Is there life after the tax credit?
Posted on May 4th, 2010 No comments
It’s spring here in the Old Pueblo, although temperatures are bound to creep up to the mid-90’s be early next week. In other words, it’s starting to feel more like summer here in Tucson. Tucson always has a big influx of buyers relocating from all over the nation. Many buyers prefer to buy in the summer when the kids are out of school, and there isn’t as much competition among buyers. Saving $8,000 on a house is significant. Obviously, the federal tax credit spurred home buying activity in our market and the national market in a big way- to the tune of about 10% increase in home sales activity.
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Valentine’s Day Open House in the Catalina Foothills
Posted on February 14th, 2010 No comments
Remember, the first time home buyer tax credit, and the move up buyer tax credit have only about two and a half months left. If you’re thinking of buying or selling a home in Tucson, please call Sarah Ley for a complimentary market analysis.
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January 2010 Tucson MLS Statistics
Posted on February 8th, 2010 No commentsAs a home seller, you will most likely need to make some repairs and modifications to your home prior to putting it on the market. If you are considering buying or selling a home in Tucson, please contact Sarah Ley to discuss your real estate needs. Now more than ever, it’s essential to have the representation of an experienced Realtor on your team.
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Don’t forget about the tax credit incentives for buyers!
Posted on February 7th, 2010 No commentsIf you are thinking of purchasing a Tucson home, the clock is ticking on both tax credits. Please do not hesitate to call Sarah Ley, should you have any questions about either. Speak with your tax professional to find out if you qualify for either credit.
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Open House in the Catalina Foothills
Posted on October 3rd, 2009 No comments
Tucson, AZ real estate update: Sarah Ley will be hosting an open house on Sunday October 4, 2009 in the Catalina Foothills from 1-4 PM.
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More Tucson summer sunsets
Posted on August 6th, 2009 No comments
Tucson real estate is really looking up for buyers. The market is on an upswing, and inventory levels are down to about six months in many parts of town, making this a more balanced market. There is only about three and a half months left for first time home buyers to take advantage of the $8,000 tax credit. If you have questions about the tax credit, and want to know if you are eligible, please feel free to call me.
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