Welcome

Welcome to the Burkhardt Team blog site. Thank you for joining us at our site. We hope you enjoy our content and ideas. Our mission is to help you through the subjects that come up during your real estate dealings. We will try to keep things simple and easy to understand so that you are not scratching your head when you leave our blog. What we think you want is well organized thought through articles on things that are happening today in Arizona real estate. Thankyou for joining us and come back as often as you like. We will leave the lights on and the door open.

Tuesday, April 12, 2011

HUD ORDER STOPS SERVICES FOR ARIZONA PROPERTIES

Our government is broke and now they decide to stop services on the HUD properties in Arizona. You would think if they were to sell some of the properties, they should be able to self fund the process of liquidating the inventory of excess foreclosed homes. Only our government could figure out a way to spend more money to get rid of the HUD homes  then they can take in by selling them.

HUD issues a stop work order on all services for properties in Arizona

On April 6th HUD issued a  stop work order on all services for properties in Arizona, Nevada and Idaho due to a lack of funding for the 1S contract. As of this afternoon HUD completed a modification to a partial stop work order to allow us to continue processing those properties currently in escrow. We will now resume issuing HOA approvals and signing deeds and other closing documents.  We currently may not review/accept bids submitted on the HUD website or add any listings to the website. Once this issue is resolved we will review all bids with a bid review date of 4/7 or later in the order they were received. We are hopeful that this issue will be resolved shortly and will continue to keep you updated as well as post updated announcements on our website.

Due to a temporary lack of funding for the HUD Asset Manager Contract for the States of Arizona, Nevada and Idaho, BLB Resources may not perform some services for properties located within these states. Until such time as HUD is provided with appropriated funds for the contact, BLB Resources will not be able to list or re-list properties, review bids or ratify sales contracts. Bids that have been submitted with a bid review date of 4/7/11 or later will be reviewed once the funding issue has been resolved. We are currently working on those properties under escrow. We are hopeful for a quick resolution and apologize for any delays this may cause.
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.

Monday, March 28, 2011

Saturday, March 5, 2011

Get in the car!!! This one won't last!

Another Great Listing by the Burkhardt Team: Open House tomorrow Sunday March 6th from 1PM - 3PM. Stop by and take a look at this awesome Traditional Sale 4 bedroom/2 Bath home. Lots of upgrades with new carpet and fresh professionally contracted designer paint colors. 2171 square feet with double garage and landscaping in front and back. Close to Goodyear baseball and shopping, dining and Interstate 10. Hurry this one will be gone soon!!!  MLS#4546940

Wednesday, February 9, 2011

Reverse Mortgages

Here is a link  for more information for people that are considering a reverse mortgage.  https://news.fidelity.com/news/article.jhtml?guid=/FidelityFeeds/pages/new-reverse-mortgages&topic=living-in-retirement
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.

Monday, January 10, 2011

More Banks Failing to Make the Grade - Happy New Year

Here in America we rely on a strong financial system (ie banks) to provide us all with capital to purchase the things that run our economy. Everyday it seems that we find out that the very people and institutions we all trust with our money fail to be trustworthy. Quite possibly that is because they have a monopoly on the business and there seems to be no alternative. We give them our money for next to nothing and in return we ask them to use it and keep it safe so that when we want it back it is there. They turn around and give the money to people with poor credit at very high rates and have no recourse if the people choose not to pay it back. They have no safe guards in place and will borrow money on a credit card easier then giving a secured loan with real property as collateral. Does anybody else see a problem with this? They are saying that we would rather borrow money without collateral vs having a house or real estate to back the loan. That means the house you live in is worth less than the piece of plastic in your wallet the banks hand out like candy.
 Yet without any hesitation when I go out and talk with people the banks are looking to either foreclose on or if possible they will talk them into modifying their loan to delay the foreclosure. The people will say to me I need to talk to my bank. These are the people you trusted when they gave you the mortgage that is messing up your life and you are going to trust them to look out for your best interests. I think that they need to understand the bank is looking out for the bank and they don't care who they wreck in the process.
 Real Estate agents come in many different packages but if you check them out there are lots of them that can help you out of what the banks got you into.The Realtor is legally bound to look out for the best interests of their clients. This is not the case for the banks. Until the government for the people by the people starts putting programs together that have the people in mind and not the banks and business we will continue down this path of distrust and lower home values.
 If this means we need to open a new kind of bank or reconfigure our financial system better to get started today then wait until we all have homes worth nothing and the American dollar is not worth the paper it is printed on. We already have that problem with some of our coins.
If you believe that our government is getting it right then today is a great time to purchase a home. If you need to sell your home because you owe more than it is worth call a realtor. They will advise you on the proper ways to be released from your home.
If you feel the banks are your best friend good luck with that and god be with you.
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.