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That Real Estate Show - Phoenix Real Estate News

Want to be a Flipper?

That Real Estate Show talked to a "Re-Conditioner."

He buys, remodels  and sells.  Jim Wehmueller with Cherokee Developments joined us to talk about the business he's in.  He doesn't like to say he flips, hee likes to say "re-conditions."

They buy homes in South Scottsdale and Central Phoenix and have purchased 200 homes in the last two years.  He says most homes they buy are inhabitable and Jim says they believe they are saving neighborhoods.

Here are some before and after photos of one of the homes Cherokee Developments have remodelled.

Outside Before


Outside After

Kitchen Before

Kitchen After

Bathroom Before

Bathroom After

Fireplace before

Fireplace After

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Buying a Phoenix area Arizona home?  Can you have both your dream home and a great mortgage payment at the same time.

That really seems to be the question for Arizona buyers looking for a house to buy or a condo.  Lisa the Lender writes that is the most important inquiry to resolve is what monthly mortgage payment do you qualify for and what is the best avenue to find out.  When you ask a licensed loan officer they will calculate payment to income ratios that will help you look in the optimal price range for your budget.  Fannie Mae and Freddie Mac are agencies that guarantee loans made by mortgage lenders.  Using your monthly gross income, their guidelines state that your monthly mortgage payment should not exceed 28%. 

a perfect mortgage payment  to go with your arizona home

Your monthly mortgage

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So you're a landlord.  Now what?

You're place is underwater, way underwater.  You can't sell because you won't get what you want/need for it.

The payments may be a little too much for you.

So you decide, you'll rent a place for less than your motgage payment and then rent your home out.

Easy peasy, right?

Not so much.

Another familiar scenario.... you get married, engaged or move in together.

Now you've got an extra place on your hands.

You're not alone.

There are hundreds of people in the valley that have found themselves in a position they didn't really want on their resume....Landlord.

Linda Williams, my co-host, has coined the term "Accidental Landlords" for That Real Estate Show airing Saturdays at 3pm on News Talk 92.3

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The phone rings.

“Can you show me property today?"

I guess most people think it’s a pretty easy job to show a house. 

I mean, how hard is it to unlock a door anyway?

Well there IS a lot more to it than that.

There’s actually a lot of preparation. It takes time to get properties ready.  Even just one.

I have made the mistake of agreeing to show property at the last minute or squeezing a client in between clients.

No bueno.

It all ends up bad.

You look like a dumb dumb.

I thought they’d appreciate the fact that I took them in at the last minute.  I thought they would understand what I had to go through to do this.


They don’t.

And they don’t care.

The appreciation you’re looking for morphs into disdain. 

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You have fallen in love with your dream home.

It has the rooms, the yard size you want, the sparkling pool. You can imagine whose room is going to be whose.  If you're a guy, you’ve got your man cave all staked out.


YOU want it bad.

Then you find out.


It’s a short sale.

The shudder is coming from me, your real estate agent.  I know what this is going to do to you.

YOU on the other hand, Shiver.

You shiver with delight because you are so in love with this house.  You’re about ready to sacrifice whatever to get it.

You have already convinced yourself you need this house.

And if you’ve ever tried to talk common sense to someone who is head over heels in love.....forget it.

It’s futile.


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And here's the third of our promos for That Real Estate Show.  Join Linda Williams and Diane Brennan every Saturday at 3pm for That Real Estate Show on News Talk 92.3 KTAR.

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And here's another promo for That Real Estate Show with Linda Williams and Diane Brennan and Lisa the Lender with Amerifirst Financial.  It's the show for you and your Realtor.  Please join us every Saturday at 3pm on News Talk 92.3 KTAR.



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We had a blast putting together these promos for That Real Estate Show.  Here's our first one. Join Diane Brennan and Linda Williams for That Real Estate Show every Saturday at 3pm on News Talk 92.3 KTAR.



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I can't tell you how excited we are to launch That Real Estate Show.  Let me make one thing clear.  This show is for YOU.

We begin broadcasting  Saturday, June 2, 2012 and it has been a real labor of love to get here.  We love real estate and we see the need for a show that gives accurate information to help you make the best decisions for your family.

Oh you can buy a home, sell a home, look for investment properties, learn about your lending options, but this show is much, much more than that.

Let me explain.

Never in recent history have we seen a real estate market as tumultuous as this one.  The market crash affected everyone in the Valley.  Everyone.   When that real estate bubble burst, the Phoenix, Arizona metro area was

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