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Glendale HUD Foreclosures and Glendale Home Buying Expert!As a Realtor here in the metro Glendale area, I have distinguished myself from other real estate agents because I work as a buyer’s agent. A buyer's agent is one that works solely on behalf of the buyer and not the seller (like the listing agents whose name appears on the for sale sign in the front yard of a home for sale). In order to truly call myself a buyer's agent, I have taken additional training and coursework that has given me the ability to focus on the needs and wishes of Glendale home buyers. Furthermore, I have distinguished myself with the necessary experience requirements to back up the education. I have earned the ABR (Accredited Buyer Representative) designation after my name. As a real estate buyer's representative in Glendale, AZ, I represent the metro Glendale home buyer who is purchasing property in a real estate transaction. Research by the National Association of REALTORS has shown that when a buyer's representative is used, the prospective buyer found a home one week faster and examined three more properties than consumers who did not use a buyer's representative. As a real estate buyer's representative in the Glendale area, I work for, and owe fiduciary responsibilities to, the real estate buyer and have home buyer's best interests in mind throughout the entire real estate process. It is my job to:
The following are a few of the transactions that I have put together for clients as a buyer's agent in the 2005: Example #1: HUD Home in historic district. One of my clients was looking for a home that he could purchase as a "live-in" investment. His intention was to buy it, fix it up, and in a couple of years sell it for a sizeable profit. He purchased the single family home with multi-family zoning for approximately $55,000. Knowing that it needed a lot of work, he applied for a grant through the Glendale Historic Preservation Office and was awarded $10,000 to assist with the exterior rehabilitation of the home. Fixed up, according to his lender's appraiser, the home was worth at least $110,000 at that time. Example #2: First time home buyer needing help with the down payment. A young school teacher solicited my help to find a home near the high school where he taught a foreign language. Knowing that he only had approximately $1,000 to apply towards the home buying process, I found him a 1350 sqft home with a 1 car garage, had the seller pick up 3% of the sales price towards his down payment, pay all of his closing costs, buy him a 1 year home warranty, treat the home for termites, and the home is located in a great neighborhood that is 1 mile from his high school. After we closed on the transaction, he actually receive money back from the title company. Example #3: First time home buyer looking for a historic home in Downtown Glendale. Earlier in the year I worked with a computer program for a local software company that was looking for a home downtown. The home she ended up buying was originally listed for $164,000 but was not aesthetically the nicest home on the block (need landscaping, a driveway, and a little character on the inside and out). She bought the home for $137,000, had the seller pick up $4,000 towards her closing costs and I helped her find a lender that offered her 100% financing. Because of the inspections I encouraged her to have completed, we found out that the sewer line was partially collapsed (an item the seller did not inform us about). I went back to the negotiating table for her and secured an additional $4,000 to have the sewer line fixed. Finally because she bought a qualifying home in a historic district, I helped her complete the necessary paperwork with the State to have her property taxes reduced in half for as long as she lives there. Example #4: Relocation client looking for a VA foreclosure home. I worked with a wonderful young couple from out-of-state that was looking for a newer home in the west valley. I found them a 1500+ sqft home built in 2001, corner lot, and a 2 car garage. I negotiated 7% off of the sales price and was able to get the government to pick up an additional 3% towards their closing costs. They saved over $9,000 just in the price of the home. Example #5: Investor looking for good rental property. A previous client approached me with the desire to buy a rental property. In this particular case, we found a great townhome in the north valley for approximately $65,000. In the six months that he has owned the property, it has easily cash-flowed due to the area rents and the property is worth at least $20,000 more than the price he paid for it. These examples are just a sampling of the many deals that I have been able to negotiate on behalf of my clients. I work hard for them, strive to exceed their expectations, and help them every step of the way. Most importantly and I cannot emphasize this point enough, I fully represent the buyer throughout the real estate transaction. As I stated in other sections of this website, I pride myself in being a "single agency" Realtor. This means that when you hire me to help you buy or sell a home, I will always put your interest first and NEVER will I betray your confidence by trying to work both sides of the transaction. This is why I will not represent both parties in a transaction, commonly referred to as limited dual agency, where agents are telling the sellers they represent that they will get them the highest price possible and turn around to their buyer client and tell them that they will get them the lowest price possible. Believe it or not, this happens far too frequently, especially when one agent from a real estate company has the listing and another agent from the same company is working with the buyer--and even then, the buyer's agent has an obligation to represent the interests of the seller. If you would like a full-time Realtor that has the experience, training and know-how to work for you and guide you through the home buying process, call me at 480-888-1234.
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Ready to begin the home buying
process, contact the office at Rob Madden is a multi-million dollar producing Realtor® with Sun National Real Estate that has advised, consulted and negotiated on the behalf of home buyers and sellers across the Glendale metropolitan region. For more information on purchasing your first home, relocating to the Glendale area, buying investment real estate, or aggressively selling a home in Glendale, call Rob directly at 480-888-1234.
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Copyright ©2002-2009. Rob Madden, Accredited Buyer Representative Sun National Real Estate.
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For more information, contact us at: Office: 602-993-7509 Direct
480-888-1234