to five years for a foreclosure. Beyond the damaged credit scores a foreclosure strikes a deep chord in our financial security and causes a wide variety of painful emotions which can lead to depression and deep sadness. A short sale can alleviate the mental and emotional stress and offer a solution to the feelings of inadequacy and shame. As I conclude this article, I want to stress one final point: It is OK to ask for help. It is not a sign of weakness but an act of strength to recognize when you need help and for you to reach out and ask for it. As a Certified Distressed Property Expert (CDPE) I can offer that help. A short sale is not an easy road, but it is a road to recovery. Personally, I do not think I know one person who has not been negatively impacted by the economy in some fashion – we all need a little help sometimes. Let me be that help.

- NATE

Nate Martinez Team

MARCH 2011 ONE OF ARIZONA’S NATURAL RESOURCES

“A man’s Self is the sum total of all that he can call his, not only his body and his psychic powers, but his clothes and his house, his wife and children, his ancestors and friends, his reputation and works, his lands and horses,

and yacht and bank account.” WILLIAM JAMESRecently, I spent about 2 weeks going through a list of past clients who I have been mailing my monthly newsletter to over the last 10 years or so. There were just about 700 names that had been returned to us as un-deliverable or with a forwarding address. What I thought was going to be a routine “house cleaning” of my database, actually turned out to be quiet an eye-opening experience. Out of approximately 3500 past clients, I found that 15% had moved because their home had gone to foreclosure sometime between 2008 and 2010. After a few dozen addresses, I started to pay particular attention to each property, making a mental note as I ent along. Did they try to do a short sale was my first question. Surprisingly, in 2008-2009 there were very few of my past clients who reached out for help through a short sale alternative. And those that did, well, I humbly admit, none of them called me to help.

As I went through hundreds of addresses, I remembered faces, children’s names, details of the purchase, floorplans of the properties that were once a place called home. Consumed with sadness, I was forced to swallow the cold harsh reality of what this market has done to the real people of my community. I was also forced to exam why my past clients had never reached out to ask for help from me or anyone else. I came to two conclusions:

1.) I have failed to offer my clients enough support during this economic shift and 2.) the public in general needs more positive education about the short sale options available right now. One in every 7 homeowner is facing foreclosure across the nation – and there is a pro-jected 1.2 million homes to be foreclosed on this year alone. The numbers of people in crisis are at epic proportions and will continue to grow unless

we do something to stop the economic and social bleeding. Fortunately today, the mortgage lenders have gotten on board with negotiating short sales. Recent changes in corporate policy and the Obama admin-istration have also improved the chances of getting a short sale approved. The short sale process has come along way in the past 12 months and the lending institutes are finally in agreement that, in most cases, a short sale is a far better solu-tion then foreclosure. The benefits of doing a short sale are huge when you com-pare to the long term effects of a foreclosure. For one, it will allow the homeowner to salvage some of their credit rating. Also, a foreclosure is a matter of public record and some landlords, employers, etc will run background checks. A short sale does not nega-tively impact one’s background report. And in some cases, a borrower may qualify for another mortgage in as little as 24 months, as opposed to four

7111 W Bell Rd Suite 101. Glendale, AZ 85308O: 602.942 .7000 | TF: 800 .284 .1158

For every home we sell, a donation will be made to the Children’s Miracle Newtwork on behalf of, and in the name of, the Buyer or Seller!

Please call us TODAY or visit NatesHomes.com

LOTS FOR SALE:34800 W HOPI ST 0 Tonopah 217,800 $40,000

City Lot Size PriceHOMES FOR SALE:

8112 N 31ST DR Phoenix 3/2 N $28,0001225 E SUNNYSLOPE LN Phoenix 3/2 N $44,95010551 W SELDON LN Peoria 4/1.75 N $49,97512606 W DREYFUS DR El Mirage 3/2 N $62,9009026 W HUBELL ST Phoenix 3/2 N $63,5001625 W 5TH PL Mesa 3/1.75 N $65,0004259 N 101ST AVE Phoenix 3/2 N $67,5002731 W MONTEBELLO AVE Phoenix 3/2 N $69,90025789 W NANCY LN Buckeye 3/2 N $69,9006808 S 8TH DR Phoenix 3/2.5 N $72,00015240 N 142ND AVE #2180 Surprise 2/2 N $72,5004733 W MCRAE WAY Glendale 4/2 N $74,00014249 N 50TH LN Glendale 3/2 N $74,9755326 W DESERT HILLS DR Glendale 4/2 N $79,00017445 N 55TH DR Glendale 3/2 N $79,9005419 W FRAKTUR RD Laveen 3/2 N $79,9005807 W SUNNYSLOPE LN Glendale 3/1.75 N $83,00017218 N 34TH ST Phoenix 3/1.75 N $89,9003429 W KINGS AVE Phoenix 3/1.75 N $89,900919 E DEVONSHIRE AVE Phoenix 3/2 N $89,9003150 W WILLIAMS DR Phoenix 3/2 N $89,90024013 W HIDALGO AVE Buckeye 4/2.5 N $89,9001607 W NANCY LN Phoenix 3/2 N $92,5005728 W DESERT COVE AVE Glendale 3/2 N $94,900155 S 107TH DR Avondale 3/2 N $94,90022555 W COCOPAH ST Glendale 5/2.5 N $97,5007606 W CINNABAR AVE Peoria 4/2.5 N $99,9002115 W MORROW DR Phoenix 3/1.75 N $101,90013169 W SHERIDAN ST Goodyear 3/2 N $102,45013229 W LIBSON LN Surprise 3/2 N $104,00026637 N BABBLING BRK DR Phoenix 2/2.5 N $108,0002931 W ASTER DR Phoenix 3/2 N $108,0002921 W IRMA LN Phoenix 3/2 N $109,0003708 W MANDALAY LN Phoenix 4/2 N $109,9993320 W YUCCA ST Phoenix 4/2 N $110,000915 W BERRDIGE LN Phoenix 2/2 N $115,000404 E MILADA DR Phoenix 4/2.5 N $119,9003046 W ANGELA DR Phoenix 4/1.75 N $119,9001117 W PORTEBELLO AVE Mesa 3/2 N $120,9005354 W CHISUM TRL Phoenix 4/2.5 N $122,00023015 W MONTGOMERY RD Wittman 4/2 N $122,0005722 W BLUEFIELD RD Glendale 3/3 N $124,90018030 N 135TH AVE Sun City West 2/1.75 N $129,900 7401 W ARROWHEAD #2013 Glendale 2/2 N $129,0004921 W TONTO RD Glendale 3/2 N $127,5003809 W VILLA LINDA DR Glendale 3/2 N $131,9001102 W BEHREND DR Phoenix 4/2.5 N $139,900699 W GEORGIA AVE Phoenix 3/1.75 N $154,50026029 N 66TH DR Phoenix 4/2 N $159,9007818 S 37TH WAY Phoenix 3/2.5 N $159,99016241 N 180TH DR Surprise 5/3 N $164,9001014 E BECKER LN Phoenix 2/2 N $169,9005105 W ROSS DR Chandler 3/2 N $174,9004109 W MENADOTA DR Glendale 3/2 N $183,00027375 N 84TH LN Peoria 4/2 N $189,90025824 N 67TH LN Peoria 4/2.5 N $200,0004410 N 153RD DR Goodyear 5/4.5 N $269,9002653 N 143RD DR Goodyear 5/4 N $275,00015324 E RED BIRD LN Scottsdale 4/2 N $240,0001305 W COUNTY LINE RD Wickenburg 3/2.5 N $280,0005339 E SWEETWATER AVE Scottsdale 4/3 N $399,9007535 W TRAILS DR Glendale 3/3.5 N $495,0007529 W TRIALS DR Glendale 3/2.5 Y $525,0007542 W TRAILS DR Glendale 4/3.5 N $535,0007566 W TRAILS DR Glendale 4/3.5 N $850,000

City BD/BA Pool Price

RENTAL HOMES:20310 N 82ND AVE Peoria 3/2 N $1,100

City BD/BA Pool Price

Searching for a home? It’s easy at

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The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. But it is a complicated process that takes the expertise of experienced professionals. As an agent with the CDPE® Designation, I have a strong and unique appreciation of the factors affecting the market, and know that there are options available.

Please call our office today to learn more.

Don’t wait, ask for help before its too late.

www.AZShortSaleResource.com

602-942-7000 | www.NatesHomes.com | www.NatesLuxuryHomes.com

03/02 Andy Duong Evone Gillespie Brian Gleason Larry Knupp Marshall Redder JR

03/03 Bob Tamin Paisley Groft

03/04 Claire Brown Robert Hansom Julie Aufrance Toni Uczen

03/06 Bill Johnson Gary Lukens Cynthia Ong Blanca Molina

03/07 Frannie Hutchinson Thavy Sowers Cherith Rogers Daniel Crill Michael O’Neill

03/08 Alexis Santa Marie Nicole Beasley Tim Johnson Rachel Ploufee

03/09 Nancy Nunez Ashton Reagan Monique Thompson Megan Sorenson Pat Barre

03/10 Olivia Delgado Terri Cohagen

03/11 Cameron Trone

03/12 Kyle Unruh Debbie Peterson Mahesh Patel Lorraine Bruening Bill Becker

03/13 Michael Moccia

03/14 Sara Schrader Scott McKissack Pam Terry Veronica Mojarro

03/15 Raymundo Sanchez Herrera Claudette Aranda Ray Sanchez

03/16 Mario Fernandez Mark McGlasson Gary Mellar Rachel Thompson

03/18 Steve O’Neal Jennifer Schell Della Wyatt

03/19 Meghan Lardy Sloan Decker Troy Meeker

03/20 Tessa Groft Christopher Rusnell Greg Sowers Hailey Moya Gail Sanchez Barbara Huber Paul Russo Norwood Browder

03/21 Rosa Barrett William Stevens Robert Fisher

03/22 Jaime Spencer Kristina Varriccho

03/23 Duane Woods Rafael Valencia Cailin Cormier

03/24 Dayla Moran Carolyn O’Hara Kellen Klimpel Robert Bartlett Ismenia Smith Mary Tamin

03/25 Deborah Benham Brenda Baer Brian Denes Nikki Bergfeld

03/26 Lonnie Olson Bryan McGee

03/27 Christopher Holman Bryan Butler Michael Thompson Ginger McIntyre MaryAnne Cummings Keri Kent Tom Lukens Mickey Black

03/28 Victoria Eversole Ryan Garner

03/29 Judy Robinson Connie Jones Kevin Banzul Brigitte Palmer Sean Siladji Holden Brown

03/30 Nancy Mahaney Brent Hildyard Kathy Banzul Lori Franklin Elisa Baca Pat Bristow

03/31 Susan Hart Stefano Galindo Richard Sinay David DeMoss Mick Spencer

*** If you do not see your name listed, please call or email our office so we can add you to our birthday/anniversary list!***

Happy Birthday! Happy Birthday! Happy Birthday! Happy Birthda

Thinking of Buying or Selling? Call us to find out why these people wanted to refer us!

The Nate Martinez Team would like to thank the following people for the wonderful referrals they have sent our way.

03/04 Mr. & Mrs. Phillip Haller 03/09 Mr. & Mrs. Jack Coito 03/11 Mr. & Mrs. Earnest Kochen 03/12 Mr. & Mrs. Robert Pearson 03/14 Mr. & Mrs. Jon Brinton 03/17 Mr. & Mrs. Giles Wilson

HappyAnniversary

03/19 Mr. & Mrs. Michael Ashing Mr. & Mrs. Robert Hansom 03/21 Mr. & Mrs. Robert Mann 03/25 Mr. & Mrs. Michael Swichtenberg Mr. & Mrs. Terry Ringe

We l Referrals!

REAL ESTATE

Appreciation of 30.14% since 2000despite negative economic factors.

Source: HUD Historical Data: www.census.gov/indicator/www.newsreconst.pdf

• Appreciation should always be considered a bonus• Yearly home appreciation averaged more than 5% over past 40 years• You can help property appreciate (improvements)• Home appreciation less volatile than the stock market

APPRECIATION

Curt Klenz, REMAX Realty 100 Dave Ramsey, Dave Ramsey Show

Glenda Daughety Team, RE/MAX FirstAmanda DiVito Parle, REMAX AllianceJan Brito, Long & Foster Real Estate

Kristine Cole, Keller Williams

Investors Can Deduct the Following Items Related to Rental Property:

• Advertising• Cleaning & Maintenance• Commissions• Depreciation• Employees, Contractos, Non-Employeed Staff• Insurance• Interest

• Legal Fees• Local Transportation E xpenses• Long Distance Travel• Losses• Professional Services• Repairs• Utilities

7111 W Bell Rd Suite 101. Glendale, AZ 85308P: 602-942-7000E: Nate@NatesHomes.com www.NatesHome.comwww.NatesLuxuryHomes.com

EQUAL HOUSINGOPPORTUNITY

Is the Phoenix area at the bottom of the market? Recent home sale data, indicates we maybe at the end of declining home prices. If you wait to hear it on the 6:00 news, it will be too late! Prices can’t stay this low forever - don’t wait for 2008 prices to return before you decide its a good time to buy - BUY NOW!

NOW IS THE TIME TO BUY!

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