This week I focused only on Palmer and Wasilla because thats were most of the buyers are focusing.

I was pretty relentless on real obvious deals as you can see from the paring down of the new listings and the price reductions. Some of these are short sales—FAIR WARNING ON SHORT SALES—they can be frustrating.

The deals of the week included: 3 of 25 new listings, 4 of 50 price reductions, all 16 Foreclosures, and all 8 relos.

If you are looking for a fair deal and a good house, there are quite a few brand new houses coming on the market that qualify for the $7,500 energy rebate. Many of them are priced VERY competitively to start with and with the rebate and the great savings you have on the new energy efficient homes they are something you should consider.

I know of several new homes that aren’t on the market yet that will be great deals for someone. Let me know if you are interested in them. I’ll get you the info.

I looked at more than 800 listings and picked out 63 listings from new listings, foreclosures, short sales, price reductions and back-on-markets.

If you would like to be a subscriber to this service just send me an email asking to get the deals of the week.

Also look at:

Deals of the Week
Motivated Sellers
Mat-Su Foreclosures, the Good, Bad, and Ugly

So you will need to sign up for them for the weekly list by just completing the contact form at the bottom and asking to be on the deals of the week list in your message.

This week, the deals of the week include:

And quite a few more. That’s only about 1/2 of them. Just sign up here and ask to be on the deals of the week in the message:

This is a VA foreclosure that for some reason was listed at a lower than expected price.  The listing price is not determined by the listing licensee, who was Elizabeth Macmullen, but by the asset manager for VA.

If you were on my motivated seller list you would have been notified of this fantastic deal.  …by the way…just drop a line if you want to be on it….

There was a lot of interest in this house as you might imagine.  In fact, by yesterday there were thirteen offers on the property and of course the seller accepted the highest bid. 

I’m not sure what the final price was but it was likely at least $20,000 higher than the asking price.

So there are a couple lessons to be learned here.

• First…If you want to sell your house right away just underprice the market by about $50K
• Second…There are a lot of ready and willing buyers out there right now, they are just waiting for a good house at a good price.

If you are looking for a good deal…I have at least two houses in mind right now that will likely sell before a week is up.  Give me a call on my cell 907 232–7900

Here they are:

• 2980 S Aimee’s Circle for $290,000,  Brand New and lots of upgrades. Listed with Ray Wood, Prudential Vista Real Estate.
• 4500 S McKechnie Loop, $180,000 for a Duplex, Listed with Larry Ficek  RE/MAX
• 2634 W Stable Circle, $258,000, Listed with Dave Johnson, Fishhook Realty.
• 11727 Knik-Goose Bay Road. $750,000, Listed with Jo Sonerholm, Prudential Vista
• 4901 E Fairview Loop, $175,000 with a shop, Listed with Kevin Crozier, RE/MAX
• 8571 E Queensboro, $325,000 3460 sq ft home, Listed with Marty Van Diest…that’s me!
• 5155 N Kipling, $250,000, 1625 Brand New Ranch in Hart Lake.  I get two…

These are all very good houses for the price.  Obviously they don’t fit every buyer, but they are priced right for the property.  Check them out.  If you are interested but still think the price is high, these are serious sellers, make an offer.

Call me at 907 232–7900 to look at any of them.

Unfortunately, someone else sold it, so call me to see this home, unless you are already committed to another Realtor.  My cell is 232–7900 

It’s only 7 years old.  It’s a 1300 square foot ranch style home that seems pretty solid structurally even though the builder did not get inspections done when he built it.  Because of the lack of inspections it will not finance with AHFC but should work with most other programs.  It has 3 bedrooms, 1 1/2 baths on 9/10ths of an acre.

The location is just off of Wasilla Fishhook about 6 miles out. 

This house has been on the market only 4 days, it will likely not last more than 10 days, so if you are in the market for something like this…call right away.

Oh…the price…only $130,000. 

I’ll be surprised if this isn’t sold by the end of the week.  This foreclosure just hit the market today.  It is 1885 square feet, 4 bedrooms, 2 baths and a one car garage just off of Seldon Road..

It is $185,000 for a foreclosure in surprisingly good shape with new carpet and new vinyl.  It has a fireplace, living room and separate laundry room. 

Call me at 232–7900 if you would like good directions to the house or if you would like to view it.

It is listed with Lee Mitchell of RE/MAX of Wasilla.

MOTIVATED SELLERS

In Wasilla, Palmer and the Mat-Su Valley

On Monday I mentioned that I would add a feature showing the foreclosed properties.  I intended to just add a link to all the foreclosures that I could find on the MLS system.  But…I discovered that would be against MLS rules so I have done something even better.

In a previous article I noted that foreclosures are not always the best deals on the market.  In fact, foreclosures usually sell for exactly what they are worth.  You can read that article here.

Still, foreclosures are usually priced below the other similar sized houses and for the right person they can be a good deal.  Even better deals can sometimes be found.  These can be relocation properties where a holding company does not want to sit on a vacant house, or they can be divorce sales where a judge orders the sale of a property.

So I have gone through the MLS one by one and come up with 42 listings that meet the criteria of the title.  These properties will absolutely be sold.  In fact, most of them will likely be sold fairly quickly. 

It is against the MLS rules for me to just post these 42 properties on my website.  I am only supposed to give this information to people I am working with, so I have come up with a way to do that.

All you need to do is drop me a note via email.  Mention Motivated Sellers in the body of the email, include your name and phone number and I will email the list to you.  Just click here to email me. 

This list will be done weekly to keep you up to date with these motivated sellers.  There is no way to do an automated search for these types of properties because it requires me to read through each listing for clues. 

• 1. Just because I say its a deal doesn’t mean that you should buy it “sight unseen”.  I am only looking at the MLS.  In most cases I am not physically previewing these properties.
• 2. To qualify for DOTW, within the past week the property must have either been newly listed, come back on the market, or had the price lowered.  This is based on the assumption that if a property was truly a “deal” it would not last more than a week on the market. 

These three listings are all brand new listings this week.

• $89,500, older log cabin on more than one acre backs up to borough land in the Chickaloon area.  Listed by Dynamic Properties
• $182,500, 1,507 sq ft, 3 bed 2 bath only 5 year old home off of Palmer-Fishhook.  Prudential Vista Real Estate.
• $209,900, 1,402 sq ft ranch with two car garage in Settlers Bay, built by Sumner Construction.  Listed with RE/MAX of Wasilla

Call me 907 232–7900

Deals of the week…first update in two months

Joe commented today on my last deals of the week post:

No updates in 2 months? Surely there are note worthy deals out there!

But I don’t agree on your limit of a week to sell to be a deal. Buyers are slow in the cold & they are taking they’re time choosing & deciding what they want. Agents are also wasting a lot of time for showings because they aren’t pre-qualifying they’re buyers.

Joe is correct that there can be deals outside of my criteria for my deals of the week posts. As a reminder…here they are.

• 1. Just because I say its a deal doesn’t mean that you should buy it “sight unseen”.  I am only looking at the MLS.  In most cases I am not physically previewing these properties.
• 2. To qualify for DOTW, within the past week the property must have either been newly listed, come back on the market, or had the price lowered.  This is based on the assumption that if a property was truly a “deal” it would not last more than a week on the market. 

However, I have to set some type of guideline for myself.  I make the assumption that a real deal will sell in a week or less.  I think most people would agree that a house that sells almost immediately was priced to sell.  There certainly can be deals that are on the market for quite some time without selling.  Usually this is because some quality of the home is being overlooked by the buyers. Sometimes a great deal for one person is not such a fantastic buy for others. 

Every house has a buyer because we are all different.  We all have different wants and needs so we choose different types of homes.

Here are MY choices for this week.

• $259,900, 3505 N Tern Ct, 2,550 sq ft completely remodelled home in Eagle Estates, Listed by Larry Ficek, RE/MAX of Wasilla
• $152,500, 5811 N Talgach View, 1092 sq ft ranch.  This is a Fannie Mae foreclosure.  Listed by Uli Johnson, Double Eagle Real Estate.
• $157,000, 1291 Rainbow Park Drive, 1248 Log Home, Only 3 years old.  That’s it in the photo, Listed by Marty Van Diest, RE/MAX of Wasilla

If you would like more info on these properties, or any other properties on the MLS…give me a call at 907 232–7900 or send me an email by clicking on the contact link to the right.