Troy Erickson Realtor - Chandler and East Valley, Arizona Expert

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Real Estate Agent - HomeSmart - License # SA577557000
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There could be major tax implications for those of you considering a Short-Sale.  For those of you who are thinking of short-selling your home, please read the following story.  There may be a huge tax liability from short-selling your home in order to avoid foreclosure. Many distressed homeowner...
Chandler's link to light rail.Chandler has begun construction of 20 new bus stops along Arizona Avenue and Country Club Drive in order to establish a direct connection to the new light rail.  This $3.9 million project is funded through the federal stimulus money, and will be the Valley's second B...
Median home prices in Phoenix consistently climbing, but what does that mean?According to Karl Guntermann, who publishes ASU's monthly Repeat Sales Index, valley median home prices have been slowly climbing since April of 2009.  This report tracks the difference in home prices that have sold mult...
Once you have determined that you have a water leak, your toilets are the most likely place to find the water leaks.  Here's how you go about checking for leaks in your toilets.  First, before you dig in too deep, perform the dye test:1.  Remove the tank lid2.  Remove any in-tank cleaners3.  Chec...
Water leaks in the home are more common than you think.  Higher water bill than normal?  Perhaps you have a water leak in your home that you don't know about.  Finding these leaks can be easier than you think.  Here's the first thing to do to see if you have a water leak in your home:1.  Locate y...
No matter the market, pricing a home right is the most important thing to do.  I recently read an article that talked about Mr. and Mrs. home seller looking for advice on how to sell their home in this down market.  To give you a little background, this couple purchased their home back in 2003 fo...
 Foreclosures still playing a big role in Arizona resale home sales.Distressed homes helped overall sales of single family homes in November reach 8,335.  This turns out to be a 28% increase from November of 2008, but down 16% from October 2009.  Jay Butler, director of realty studies at ASU, "pr...
10 reasons first-time home buyers in Chandler, AZ should consider buying a new home.  First-time home buyers are finding more and more reasons not to buy bank-owned and short-sale properties.  If you are a first-time homebuyer in Chandler, here are reasons 1 through 8 why you might want to consid...
Watch Out, the FHA is changing the lending rules for Condos!  Because of this, many developers  are scrapping plans for any new projects.  As of this last Monday, the FHA (Federal Housing Administration) started limiting how many of you can get your loans insured when buying a condo.  The new rul...
After my sons first season of tackle football ended Thanksgiving weekend, I thought it would be a great experience for him to watch a high school football playoff game.  Tonight, we went to the state 5A Division 1 semi-final game between the Hamilton Huskies and the Chandler Wolves.  Boy was I su...

Troy Erickson AZ Realtor (602) 295-6807

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