Bill Gemmill
REALTORRealtor
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Blogs by this Author
Fannie Mae Announces Buyer Assistance Program
- By Bill Gemmill
- Published 06/14/2011
Fannie Mae announced their Buyer's Assistance Program for HomePath Properties that will be in effect from June 14, 2011 thru Oct. 31, 2011. The program offers up to 3.5% in closing cost assistance to...
Tempe Centerpoint Update
- By Bill Gemmill
- Published 05/22/2011
Tempe Centerpoint condo towers are no more. When they were purchased by the Zaremba Group they renamed them West 6th Tempe, and have changed them into apartment homes with a temporary leasing office ...
Brownstones at Biltmore Update
- By Bill Gemmill
- Published 05/22/2011
Work has started to finish the long delayed Brownstones at Biltmore. The development has been purchased by a Canadian company who has decided to rent the townhomes out after completition instead of o...
Builder Clause - May Cost You Money!
- By Bill Gemmill
- Published 08/25/2010
A new clause in some builder contracts require the builder get paid 1 percent every time the home is resold. This is not something you should agree to however when you go buy your new home. There is...
Centerpoint in Tempe, another blow this week!
- By Bill Gemmill
- Published 09/17/2009
The developer of the high rise Centerpoint Condo's in downtown Tempe, Tempe Land Co. LLC filed a motion this week to convert their Chapter 11 Bankruptcy to a Chapter 7 filing. This will add further d...
Portland Place Reduces Prices
- By Bill Gemmill
- Published 08/11/2009
Portland Place, located in downtown Phoenix, has reduced pricing on the last six builder condos and two Penthouses. The new prices have condos starting from $299,464 for 1,354 square foot units. The...
675 South Lofts Update
- By Bill Gemmill
- Published 08/5/2009
The still under construction 675 South Lofts in Tempe were to start sales shortly. However due to the local market conditions the builder decided to lease out the entire project at this time until ...
Additions to your home - make sure you have a permit!
- By Bill Gemmill
- Published 07/31/2009
In the past lenders have not cared if you permitted an addition to your home or not. However some lenders are now asking for permits as a condition of loan approval. This has delayed many closings a...
Guest House-Casita's Changes in Square Feet for appraisals
- By Bill Gemmill
- Published 07/31/2009
If you are selling a home with a guest house/casita then you may want to read this! There is a growing trend among appraisers in the Greater Phoenix area to count the guest house/casita square footag...
Summit at Copper Square unsold units face foreclosure
- By Bill Gemmill
- Published 07/14/2009
A downtown Phoenix high rise development next to Chase Field is now facing foreclosure on the 74 unsold units. The developer of Summit at Copper Square, W Developments has sold 91 of the total 165 un...
