Gary Keller of Keller Williams meets with short sale agents and banks to discuss 2011 changes

This is a brief overview of a meeting that was held with Gary Keller and some Keller Williams Short sale agents and bank personnel from around the country in November 2010. These are some of the highlights provided to us from one of the agents from our Keller Williams Professional Partners Surprise, AZ office that was part of the meeting. This may help you with your decision to short sale your house.

There was a lot of positive discussion from the meeting and I will tell you the banks, although slow to understand our market and see many of the bad decisions they have made to this point. Here are some key points that were discussed:

§  Many of the banks will no longer extend trustee sales over and over (we are already seeing this). Nationally this has been a bad move as the vast majority of foreclosure or trustee sale postponements have ultimately end up foreclosing anyway. Unfortunately some legitimate short sales will be lost due to this policy but ultimately the banks see this helping their overall loss and see this pushing troubled seller into starting the Short Sale process sooner.

§  Principal Reductions will not happen! Loan modifications down to 31% of the household income may happen however the terms of the loan are extended and interest will accrue thus creating even worse loan terms for most people. If you are desperate to stay in your home, this may be an avenue for you if you don’t mind the long-term drawbacks.

What does this mean to you? The biggest message here is DO NOT wait too long if you plan to Short Sale. There are many benefits in completing a Short Sale verse going to Foreclosure and the banks realize this. They also realize people are living in their home way too long without making payments and have taken advantage of the situation. Many banks and investors are pushing sellers to take immediate action if they desire to Short Sale or suffer the consequences by going to foreclosure.

 We will see the banks in 2011 being more aggressive however if you work with an experienced team, you will have options if there is enough time.

We at the Burkhardt Team would be happy to discuss these topics and more with anybody that is interested and will continue to get you current information and ideas. Please forgive us for any inaccuracies and feel free to give us topics you would like us to blog on. Special thanks to Jennifer Sanchez AZ RE agent Surprise, AZ

Burkhardt Team Thanksgiving Day Thankyou

We at the Burkhardt Team have much to be thankful for this year. We are thankful for the friendships we have made across this great country and abroad. We are thankful for our children and immediate family. We are thankful we still have all our parents. We are thankful for the trust our clients have shown us again this year as we navigate the real estate markets. We are thankful for our Keller Williams family and friends. We are thankful that we live in a country where you don’t always agree but have the right to say your piece and even sometimes agree to disagree. We are thankful we don’t have to go through another Minnesota winter again this year. So as you can see we have a lot to be thankful for and certainly know this doesn’t begin to list everything we are thankful for.  God has blessed each and every one of us and please take the time to say Thank you on Thanksgiving Day and always.

Thank You

The Burkhardt Team

Try before you buy!!!

PebbleCreek is a premeir active adult community in the great city of Goodyear, Arizona. They offer an opportunity for people to come and try out all the facilities and play golf and enjoy an evening at the restraut with current residents to allow you to tryout the lifestyle. This is a very low pressure way to try before you buy. The Burkhardt Team has used this program and can help you get signed up to try it out also. For more information please contact us and we will hook you up.

Tribute to our Veterans from Keller Williams and the Burkhardt Team

Dear KW Family –

On Veterans Day, we come together to pay tribute to the men and women who have worn the uniform of the United States Armed Forces. We are grateful for their acts of bravery; serving selflessly and rising to the occasion to protect our freedoms.  
They have truly shown the heights to which Americans can rise when asked and inspired to do so and we can all learn something from their courage. 
I hope you will take a moment today to commemorate the patriots who have risked their lives to preserve our Nation, the families who support them, and the heroes who are no longer with us – especially those who are members of our precious Keller Williams family.  
Yours in recognition and remembrance,

Gary Keller Co-founder and Chairman of the Board	Mo Anderson Vice Chairman
Mark Willis CEO	Mary Tennant President and COO

Great Listing in Fabulous Tuscanny Falls PebbleCreek

Check out this great new listing in Pebblecreek, Goodyear, AZ. Pictures and Virtual tour.

Another Listing in Fabulous PebbleCreek Resort

Hot off the press. We just took a great listing in Pebble Creek close to the clubhouse on Cheery Lynn Road. We will get pictures and more info on our website later. http://www.burkhardtteam.com/

Elections are over the People have Spoken, Now What??

The elections are over!!! The people have spoken and now we will have to see if the message finally gets heard? The spinsters are saying that our representatives will now get to work in straightening our nations challenges and if they don't we the people will change them out again. It wasn't the party it was the ineffectiveness. Well I thought we let our representatives know we wanted change and fiscal responsibility 2 years ago and they said they heard us and then continued to do what they always have. Those of you that were waiting for the election to see what was going to happen now you know. Today is still a great time to purchase and sell your home and if you believe the new elected officials things are now going to get done. So one less reason for you the people to sit on the sidelines and now you can feel good enough to get in the game. If you wait until it is clear that the party has started you may get there just in time to do the dishes.
We at the Burkhardt Team would be happy to discuss these topics and more with anybody that is interested and will continue to get you current information and ideas. Please forgive us for any inaccuracy's and feel free to give us topics you would like us to blog on.