Home Inspector Saves Clients from Huge Mistake!

 Home Inspector Save Client (you) from Huge Mistake!

I am both a Realtor and a Home Inspector.  This Client hired me to perform a home inspection on Tuckey Lane in Phoenix.  The neighbor told us that other inspectors have been to the property and that it has fallen out of contract before.  Why is this information interesting?  Because something is terribly wrong with this house.  The owners bought in 12/2020 for 343k.  They are asking 500k and the pictures make it look like a nice rehab.  Even the description sounds like a nice rehab.  NOPE, not even close.  Turns out that someone removed half of the roof purlins, dwarf studs, collar ties.  

Why do you care?  Because the ceiling in the kitchen sags 3 inches, the beam in the TV room sags 1 inch and the back roof sags 3 inches.  I am guessing this is at least a 30k repair.  What else you ask?  We did a sewer camera and found tree roots and cracks in the piping.  Nu-Flo quoted $185-$250/linear foot to sleeve the old pipe with the new material.  If the total length ends up at 90 feet.  Cheapest repair with them would be $16,650.  Not to mention the 2 super old HVAC units, the misplaced hot water heater, the bad flooring, etc.  I could go on and on.  Basically, this home needs 100k in repairs just to correct the mistakes. 

This appears to be the Owner’s first flip.  Thank God our Client was smart enough to hire a Home Inspector before making a 500k decision.  They would have got stuck with this house. 

And to boot, the highest comp in the area is 427k.  So this Client is saved from overpaying and from getting stuck with a lemon.  This is why you want your Realtor to also be a Home Inspector.  This is how we save our Clients from huge mistakes.  If you need to sell at a 5k flat fee listing and save thousands, see us at www.5kflatfeelisting.com or if you need to buy, ask how we save you thousands for doing that.  Look forward to speaking with you.    

Buyers get: Sellers get:

FREE Home Inspection 5k Flat Fee Listing

FREE Termite Inspection FREE Home Inspection

FREE Home Warranty FREE Termite Inspection

Best,

Geoff and Mia Nowlin, Phoenix Realtor

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

 Wholesaling helps the Seller and the Neighbors!

Wholesaling is a term used to describe a transaction in which you get a property under contract and sell the contract.  In this case, I got a lot in Scottsdale under contract and will now attempt to sell it to the Builders so they can build a giant mansion for big profits.  Everybody wins.  The Seller gets rid of the old junkie house with no repairs, no commissions, no closing costs, no hassle.  The Builders get a lot to build on.  The Neighbors get rid of the junkie house and have a beautiful mansion to look forward to.  

And think about all the people who will be employed in the process.  Title company, Realtors, Appraisers, Home Inspector, Construction folks, Permit dept, City employees, Utility companies, etc.  When you help move property, you help move the economy.  

I just hope the Builder will decide to sell the mansion thru me with me www.5kflatfeelisting.com.  No matter what the sale price, I sell for a flat fee.  Saves the Seller thousands.  And it will work for you to.  See me at www.5kflatfeelisting.com 

Buyers get: Sellers get:

FREE Home Inspection 5k Flat Fee Listing

FREE Termite Inspection FREE Home Inspection

FREE Home Warranty FREE Termite Inspection

Best,

Geoff Nowlin, Phoenix Realtor

480-466-3737

www.5kflatfeelisting.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

Seller’s Jeopardy, How to minimize Seller’s Liability!

 

I just listed a house for a 5k flat fee.  The Listing went so well that it generated a Buyer standing in the driveway.  The Seller notices and walks out to greet.  The Buyer really really likes the house and wants to make an offer.  

The Seller believed that he will save money because he negotiated the deal with the Buyer directly.  Is he right?  NO!  Why?  1) a Listed house that generates a willing Buyer has done its job.  The legal term is procuring cause.  The layman’s term is “but for”.  But for what the Realtor (me) did, a willing Buyer was produced.  This Buyer went to Zillow, found the house, drove over to see the house (without appointment) and decided to buy.  2) The Seller should desire the Buyer to be represented to make certain all legalities and liabilities are covered.  You don’t really want a non-represented Buyer because it could bite you in the future.  The AZ Realtor Documents are well tested in the AZ Court System and are designed to cover everyone’s bases.  

Do you really want a Buyer to come back at you in a year citing: 1) I wasn’t given a final walk thru 2) I didn’t read the disclosure document or 3) I didn’t know that sex offenders lived up the street or something like these?  No, you don’t want a past sale reversed or defended in Court.  Court can cost $50,000 per day plus prep fees.  No thanks, not interested.  And that’s why Seller’s should want for themselves and their Buyers. 

If you need representation, we do a www.5kflatfeelisting.com and would be glad to speak with you about it. 

Buyers get: Sellers get:

FREE Home Inspection 5k Flat Fee Listing

FREE Termite Inspection FREE Home Inspection

FREE Home Warranty FREE Termite Inspection

Best,

Geoff Nowlin, Phoenix Realtor

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

 85254 Scottsdale Seller's Builder Play

Scottsdale has a hot zip code 85254.  It’s Phoenix’s 90210 if you will.  Its boundaries are west of Scottsdale Road, east of 64^th Street, north of Shea and south of Cactus.  That’s super-hot and getting hotter.  What is going on there is Builder’s are pushing over the old house to build a giant mansion.  I call them the White Castle.  They build giant white rectangles with flat roofs and sell them for 2.5 Mil. 

These Builder’s are so desperate for lots over 24,000+ sqft, they have asked me to help find them lots.  My Strategy is to approach a homeowner with a very old house and see if they wish to sell. The prices for lots right now are 700k – 850k depending on specific location within that square and the lot size. 

If you are thinking about selling, now is the time.  Why?  The California exodus has created a Seller’s market.  Homes are selling so fast, there is virtually no inventory.  We have not had this market since 2005, 16 years ago.  Smart Owners are selling now to take their profits off the table.  The correction is coming, it has to.  We just don’t know when. 

I have successfully gotten these Owners top dollar with no commissions, no repairs and easy move out.  I have successfully found them nicer, smaller homes (some wished to downsize) and they can pocket the difference.  Think about that!  Sell at 800k, buy at 250k, its nicer, easier to maintain than the big yard and keep the difference.

If you are thinking about selling, call me know.  If you are thinking about listing, I do a flat $5,000 full-service listing.  All yours for the asking.  Either way, I can’t wait to speak with you.   

Buyers get:                                     Sellers get:

FREE Home Inspection                  5k Flat Fee Listing

FREE Home Warranty                    FREE Termite Inspection

FREE Termite Inspection                FREE Home Inspection

Best,

Geoff Nowlin, Phoenix Realtor

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

 

Arizona’s Eviction Tsunami

Rochelle P. Walensky the Director of the Center for Disease Control (CDC) issued a ban on evictions 9/1/2020 and reinstated it until 3/31/2021.  The rationale is that if people get evicted, they move in with family or friends and thereby will spread the covid faster. 

Think about how stupid this decision is!  Let’s look at the Tenant side first.  The Tenant lost their job and now does not have the ability to pay the rent.  If the Tenant lives in a “shut-down” State/City, the Tenant may not have any ability to supplement their income.  The Tenant gets behind on the rent for the 6 months of the ban.  If their rent is $1,000, then they are $6,000 behind!  Ouch.  Chances are, if they cannot pay $1,000 how are they gonna make it up and pay the $6,000 when the ban is lifted.  They are not.  Now they have to go to Bankruptcy Court and do a BK to stall the eviction.  Don’t think they are not getting evicted, they are, its just a matter of when. The tsunami Tenants face is the combination lock-down, eviction and BK.  All sponsored by our Rulers!

Here's the double dumb part:

In order to qualify for the “FREE RENT” Program of the eviction ban, the Tenants must:

1. Sign a declaration form proving the hardship
2. Prove that they “TRIED” to get government assistance
3. Prove they are unable to pay due to job loss
4. Prove they are making “PARTIAL PAYMENTS”.  Most Landlords will not accept partial payments because it stalls the eviction. Herein lies the catch-22.
5. Prove they will likely be homeless or forced to shared living.  How the hell do you prove that?
6. Make less than 99k single or 198k jointly.

Let’s look at it from the Landlord side.  Many Landlords may not be cash rich with the ability to provide free housing to families.  Those Landlords will also be forced into bankruptcy.  If they cannot make their payment to the Bank, the Bank will ultimately foreclose.  Many Banks have provided relief, but that relief is not permanent.  At some point, the Bank will need its payments too.

My prediction: the tsunami of Arizona evictions will force both Tenants and Landlords into bankruptcy.  The real winners will be the BK Attorneys.  Once again, the System is rigged to the elites.

If you disagree or have an alternate opinion, I would love to hear from you.  Don’t forget that I sell homes for a www.5kflatfeelisting.com and would love to work with you.

Buyers get:                                    Sellers get:

FREE Home Inspection                 5k Flat Fee Listing

FREE Termite Inspection               FREE Home Inspection

FREE Home Warranty                   FREE Termite Inspection

Best,

Geoff Nowlin, Phoenix Realtor

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

 

How to create a Bidding War

Here is my strategy:

     List on a Thursday

    Open House on Saturday

    Open House on Sunday

    Offers due by Monday

    Decision on Tuesday

And I put this directly into the MLS so all the Realtors can read it, digest it, follow it.  Then on Monday, I use a MS/Excel Spreadsheet to stack the offers in readable form so the Client can easily decide which on he wants. 

At this open house, I had my www.5kflatfeelisting.com flyer.  One guys noticed and asked me about.  He wants me to list his 1 Million dollar home for a www.5kflatfeelisting.com and I will.  So with him, Here is my Strategy:

    Coming soon for 1^st 30 days (an effort for me to find the Buyer), then the open strategy

    List on a Thursday

    Open House on Saturday

    Open House on Sunday

    Offers due by Monday

    Decision on Tuesday

So let me know if you need to save thousand on your next home sale.  Call me to discuss details and timing.  Look forward to working with you.

Buyers get:                                     Sellers get:

FREE Home Inspection                 5k Flat Fee Listing

FREE Termite Inspection               FREE Home Inspection

FREE Home Warranty                   FREE Termite Inspection

Best,

Geoff Nowlin, Phoenix Realtor

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

 

Luxury Scottsdale Airbnb

3428 E. Jenan Drive, Scottsdale AZ  85254

1^st house is 3200 square feet 4 bed, 3 baths.  2^nd house is 1034 square feet 3 bed, 1 bath.  This home generates $21,000 per month in season and $10,000 per month off season.  It sits on 35,000 square foot lot (3/4 acre).

This home was professionally rebuilt in 2009.  The ask price is $998,000.  See video walk thru attached. 

The neighbors are begging me not to sell it to an Airbnbers.  Truth is, as a licensed Realtor, I have to present all offers and allow the Seller to decide.  I intend to hold it open. 

The strategy is:

    List on a Thursday

    Open Saturday and Sunday

    Offers due Monday

    Decision on Tuesday

This house is on a septic tank.  That means that in order to transfer it with the County, it must be pumped and certified.  Or a waiver for transfer.

If you need help buying or selling.  See me at www.5kflatfeelisting.com. Looking forward to working with you.

 

Buyers get:                                    Sellers get:

FREE Home Inspection                 5k Flat Fee Listing

FREE Termite Inspection               FREE Home Inspection

FREE Home Warranty                   FREE Termite Inspection

Best,

Geoff Nowlin, Phoenix Realtor

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona