SCOTTSDALE REAL ESTATE BROKER JENNIFER WEHNER EARNS PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE

Jennifer Wehner of Prudential American Associates just earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by "distressed" homes in the foreclosure process.

Wehner got her start in helping owners in foreclosure in 2007, when she had trouble selling a custom home for a couple going through a divorce. "The market was declining every month, and the offers I had were far below what the homeowner owed" Wehner said. Understanding the homeowners could no longer afford to make payments, she began working with the bank on accepting a lower amount than what was owed.

Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.

In the Phoenix Metropolitan, more than one in ten homeowners is facing foreclosure. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.

"I started doing short sales at a time when there was not much information out there, and have since attended many forums, seminars, and classes on the foreclosure process. The CDPE designation has been by far the best education and support system I have experienced as I work with sellers and lenders on complicated short sales," said Wehner. "It is so rewarding to be able to help sellers save their homes from foreclosure."

Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Jennifer Wehner with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience, he said.

The Distressed Property Institute opened in January 2008 and provides training on-site and online. The CDPE is the premier designation for Realtors helping homeowners in distress and handling short sales.

"Our goal is to educate as many people as possible so we can help as many homeowners as possible," Charfen said. Wehner has set up a website to help educate homeowners facing foreclosure on all of their options. Homeowners facing foreclosure can receive helpful foreclosure information, as well as receive a free report at: www.AZForeclosureHelpToday.com.

or call Jennifer directly at 480-748-6925

TO SEARCH HOMES FOR SALE IN THE PHOENIX/ SCOTTSDALE AREA OR TO LEARN MORE ABOUT JENNIFER WEHNER REAL ESTATE PLEASE VISIT http://www.PrimeAZRealEstate.com

Why Your Home Isn’t Selling In The Arizona Real Estate Market and How I Can Help!!

The Arizona Real Estate market has been one of the hardest hit markets during the recession. Arizona is at the 2nd highest foreclosure rate in the country and sales prices have dropped considerably over the past 12 months. These conditions have obviously made it difficult for some to sell their home, because Arizona home sellers have been competing against all the vacant new construction and rentals. However, there could be other reasons why your Arizona home is not selling that you may have underestimated:

1. Your home is overpriced: You have heard this a million times: don’t overprice your home! This is the most common reason why homes don’t sell. Buyers determine the market value of the home and you ultimately need to compete with what is available amongst homes similar to yours—not what you think it is worth. Arizona real estate agents and buyers usually will see your listing within the first 30 days. If it is overpriced, interest in your home will wane and you have already turned off potential buyers who might have qualified at a more reasonable price. The longer your house stays on the market, people then begin to question if there are more serious reasons why the house is not selling. If you can’t price your home to sell, then don’t put your house on the market.

2. Your house needs a makeover: Small cosmetic changes can make a world of difference when trying to sell a home. Make sure floors and walls are clean; eliminate any clutter and pack away those personal photographs you have scattered around the house—potential buyers want to see themselves living in the home. If you have too much furniture, put most of it in storage. A small amount of furniture gives a potential buyer a starting point for their mental decoration. Even little things such as making sure the house smells nice, putting away that dirty underwear and cleaning the bathtub can influence a home buyer’s decision. Paint is also a great way to spruce up a home and is probably the best return on your investment. Once you have made changes, make sure your photos show how great the house looks. If your online photos look boring, it won’t matter how wonderful the house looks in person.

3. Bad location: Location rules in Arizona real estate, and unfortunately, if you are near a busy road, live next to filthy neighbors, have noise pollution or a higher crime rate, there isn’t much you can do except accentuate the positive aspects of the home, reduce your asking price, and offer attractive incentives. Most importantly, never again buy a house in an undesirable location!

4. Poor marketing or a poor agent: The best real estate agent you can have is one who will not allow you to overprice your home, who will have a detailed marketing plan, screens qualified buyers and is responsive to interest from other agents. Arizona real estate agent Jennifer Wehner uses a multilevel marketing plan which includes internet marketing, open houses, flyer distribution, listings on her website as well as with the Arizona MLS, and networking with other agents. “I try to make the real estate process as simplified and painless as possible” states Wehner. “My goal is not only to get a home sold, but to make sure all parties are completely satisfied so they will want to tell others about their positive experience.” If you don’t have an agent that is working for you and with you, then it’s time to get a new agent.

Jennifer Wehner is an Arizona Real Estate Broker specializing in buying and selling homes in the Scottsdale, Paradise Valley, Cave Creek, Carefree, Phoenix surrounding areas. For more information, visit: http://www.PrimeAZRealEstate.com or call Jen direct at 480-748-6925

www.PrimeAZRealEstate.com ~Thoughts on Todays Real Estate~

Real estate is one segment of the economy where large profits can be made in a short period of time and practically without any efforts put. But actually, it is easier said than done. The current financial recession influenced the world economy and real estate sector is not an exception. The approaches that were being used in the real estate industry in the past today are not suitable. There are still possibilities for aspiring persons who can implement several unique and creative methods in order to make large profits in the real estate business. In this article we are going to discuss unique methods and approaches to be applied in business. The following approaches are applicable in the conditions of current economic outlook.

Investments in Houses:

It has been considered lately that houses are bought only for living in. Currently, properties are being purchased not only for living but for investment purposes also. When you purchase a property, it increases your balance sheet and depicts favourability on your credit worthiness. You can lease the house that you have bought to the people who need shelter to live in. in such a way you can not only be provided with extra income you can also help people to put a roof over their heads.

Going for Options:

This is a kind of financing in which the buyer purchases a house for a set price, someday in the future. Agreement sets a time for sale. This method is not considered to be extremely popular but in the present situation many people choose these options.

Seller Financing:

With seller financing you can get much quicker sale of your house. This method allows the buyer to be financed by the seller in order the buyer can purchase the house by instalments. The size of installments, the term of repayment and interest rates are agreed by the buyer and the seller before the deal has been closed. This method gained an extreme popularity these days because the buyer does not have to undergo the long process if he wants to get financing from common lenders.

Flipping:

Flipping is a new way of making money in the real estate market. The method of flipping works very simple. You just need to look for a property the price of which is lesser than it is worth. Traditionally, these are the houses that are going for foreclosures or those properties that are being sold in the property market. Properties that are pretty old and need to be repaired or reconstructed can be referred to this category. After you have found the house, you do some adjustments and repairs and sell it. The process can bring you good money.

Are you in search of nice propositions on the Phoenix market? No problems, they are waiting.

Phoenix real estate – your direct access to the best prices, quotes, listings. AND Phoenix search is available on the site – find what YOU need, not what others are trying to sell you http://www.PrimeAZRealEstate.com or call Realtor Jennifer Wehner directly at 480-748-6925