Mr. Jeff Teele, Realtor with Coldwell Banker, was the showboater for Wednesday’s meeting. He gave details of foreclosures and shortsales in the Sedona area. Currently the area is experiencing 25 listings per month for each category.

Jeff clarified that a shortsale is when the homeowner does not have enough equity to sell the home and cover the mortgage. Hardship must be shown to list your home as a shortsale. He also offered a word of caution that when purchasing a shortsale domain, you may also be required to pay for any liens against the stated property.

Shortsales and foreclosures are not going away any time soon, stated Jeff. He adds that “the time to buy is now.” Contact Jeff with your real estate questions so you can get the best deal.
Ms. Sandy Barrett with Red Rock Taxes was our speaker, and shared some of her personal life experiences.

Sandy’s first job after college, in Indiana, was as an English teacher at an inner-city high school in Cincinnati. She shared a riveting experience about teaching during the “Black Power Struggle” of the 1960’s. The students destroyed school property, including the beautiful marble window sills, fought, defied instruction, and terrified the white principal into hiding out in his office.

The Sedona Referrals Club meets Wednesdays at 7 a.m. at the Heartline Cafe in West Sedona. Each meeting features a showboater & a speaker. Each member and guest is allowed a one-minute commercial as part of the meeting format. The club promotes prospect referrals and each business category is represented by only one member. For information, contract Mr. Jeff Teele at 300-5361 or Mr. Bill Klauser at 202-7193 or visit our website www.sedonareferralsclub.org