judy orr listed as 5-star real estate agent in chicago magazineI have been published more than the average Scottsdale REALTOR®. A story about one of my domain names was syndicated by The Wall Street Journal online and was all over the Internet. Because of that article, I was interviewed by the Chicago Tribune, The Southtown-Star (who even sent a photographer), and participated on a radio show.

I have been interviewed for quite a few real estate-related articles in the Southtown-Star. I'm not the only one in the family that has been published. My husband Jimmy Herter appeared in a full-page article in The Homer Horizon and my daughter's cat Keeper just appeared as Pet of the Week in the same publication.

I had been contacted by Chicago Magazine but I really didn't understand it. In fact, I truly thought they…

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The process of becoming a homeowner is an exciting and often daunting one. The current economic climate has heightened the anticipation since, while it’s a scottsdale home soldwonderful time to buy a home. In fact, the government recently provided a tax credit to buyers (which is still available if you are a deployed service member). While the market is favorable and sellers are extremely motivated, many banks are tightening their lending requirements and loans can often seem hard to come by. Although USDA and VA loans may not be the first loans most potential home buyers normally consider when looking at home financing options, each can be a wonderful choice for a wide variety of lifestyles, budgets, and properties.

VA loans, which are backed by the US Department of…

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scottsdale homes for rent leaseWith money tight right now, as a landlord, you may be tempted to accept a late rent without charging a penalty to the tenant. After all, you are getting your rent money, and doing someone a favor, right? Actually, you may be starting a trend that could end in frustration, anger, and a long expensive legal battle. Here’s how to avoid all of that.

First, before the tenant signs on the dotted line, make it abundantly clear that you will not tolerate late rent payments, and that late rent is a very serious matter that will result in a certain financial penalty. Think of your 4th-grade teacher that seemed too strict during the first week, but you learned to love later. That teacher was setting the bar, laying down the rules, and putting fear in your heart –…

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watching scottsdale real estate on tvI caught a great "Buy Me" show on HGTV today that was shot in Chicago.  It was very interesting because one of the owners was a long-time veteran real estate agent that had her REALTOR® son list the home.

It was a very unique, custom-styled 3-story and although the homeowners seemed to acknowledge that they were looking for that special (needle-in-a-haystack) buyer, they were not cooperating with their son about staging the home and pricing it correctly.  And it kind of bothered me that as a real estate agent, the wife was one of the most difficult to convince.

She had a difficult time de-cluttering and kept items that her son tried to get her to store away.  And she wanted to try a very high price even after her son showed her comparables and tried…

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scottsdale home sellers

2016 Update: This was written in 2009 but most of it is true today.  Our market is better in 2016 than it was in 2009, so that's not as relevant, but the truth is, homes that aren't priced correctly for their condition can still sit on the market for a long time. Some of the items below can also thwart a sale.

I showed Scottsdale homes for sale over the weekend and also showed homes in Cave Creek. The first home was vacant new construction and the agent was holding an open house. She stayed out of our way and allowed me to show the home to my buyers, who know me and know I'm looking out for their best interests. One of these places was a nice home on a busy street.

The 2nd home showing was a whole different story. I was told the seller would be…

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happy scottsdale home buyersWe found the buyers for a Scottsdale single-family home. They were first-time buyers and we worked hard to get them a great price on their Scottsdale home for sale. We saved them $22,400 off of the list price, and this was not a short sale or foreclosure. We go to bat for our buyers and we've saved buyers thousands of dollars over the years.

Buyers - if you're looking for a property in the Scottsdale area we're your team. Judy Orr has 29 years of experience and her husband, James Herter, is her teammate. We are full-time agents and we fully represent you and your best interests in what could be the biggest financial decision you've ever made. We educate first-time buyers and try to make purchasing a home as fun and stress-free as possible.

Sellers -…

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earnest money explanation for scottsdale real estate

There are some great tools for webmasters to check what web surfers are really searching for.  With the busy spring season for Scottsdale real estate ahead of us, it seems like buyers and sellers are wondering what constitutes a low earnest money amount or if there is an average in the Valley area.

Because the Greater Phoenix area is so large there are really no earnest money rules.  Scottsdale real estate agents still write contracts with earnest money as low as $1,000.  This is usually for purchases in the $100,000's.  Once a buyer purchases a more expensive property, the expected earnest money is higher.

When I lived in Illinois, I was surprised to find out that the average Chicago earnest money amount was around ten percent of the contract…

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real estate agent setting appointments for Scottsdale real estate propertiesReal estate agents know that it can be fun and exciting viewing potential homes that you might be interested in purchasing. When you find a home online, in an automated e-mail, or driving down the street, you might want to see it right now. However, even if it is a vacant home, we still need to make an appointment with the listing office.

If you want to view several Scottsdale homes for sale, we need time to set up a logical route, put a viewing time on each one and then call each individual listing office. We need to be in our offices to print up the listing sheets before we can even work on setting up the appointments. Although we can use our smart phone, tablet or laptop on the road if necessary, it isn't that easy if there are multiple properties…

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downward spiraling prices for Orland Park homes for saleUPDATE - 11/2/2017 - This is an older post that was made in a declining market.  The market is definitely better today but we still get sellers that want to list their homes higher than market value.  Read the rest of this post to see why that's not a good idea. 

A seller gets the most interest in the first week or two of listing a property.  If they start out too high, buyers lose interest and move on to other Scottsdale homes for sale.  That first wave of buyers might have purchased already by the time sellers price their home correctly, so their final reduction won't hit as large of an audience.  I always remind sellers that unless they're lucky enough to find a cash buyer that falls in love with their home, it will have to appraise for any buyer…

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A buyer recently sent me a list of Scottsdale homes for sale that she wanted to view. When I started setting up appointments I was told that one of the homes just accepted an  sold home in scottsdaleoffer and there would be no further showings. I relayed this to my buyer, who was very upset because it was the top choice on her list.

This is a buyer who has been viewing properties online for a long time. They just started actually going out and viewing homes in Scottsdale, although they are not in a hurry. I have seen this happening with buyers more this and last year than ever before. These buyers are looking for homes part-time. Some go out once a month, some a little more, and some even less.

When you're sporadically looking for homes you can miss the best deals. Even in…

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