In today's real estate market, bank's and other lenders have
tightened their lending standards and made it more difficult to qualify
for real estate loans. This makes it more challenging for buyers when
competing against multiple offers as we see ...
[Read More] First-Time Home Buyer $8,000 Tax Credit: 6 Things to Know 1. Eight grand, new buyers : This
credit is equivalent to 10 percent of the purchase price of the home–
although it’s capped at $8,000–and applies only to first-time home
buyers ...
[Read More] Century 21 Premier is now 1st USA Realty. 1st USA Realty is an independent real-estate brokerage that has has built a solid and successful real estate firm with a reputation for high quality customer service. 1st USA Realty is one of the most respected ...
[Read More] The US Treasury purchased $600 Billion in mortgage backed securities and now interest rates are falling. The Treasury Department is also considering a plan to lower mortgage rates on loans for home purchases to 4.5%. The government has also been urged ...
[Read More] With all the uncertainty in the economy over the past few months and with the real estate market plunging over the past three years, buyers have been fearful to getting back into the market and buying real estate. Of course, a lot realized that now definately ...
[Read More] Yes, despite the current housing crisis in America, there are still parts of the country where price gains are expected in the coming year, according to Money Magazine. Here is the list. McAllen, Texas Rochester, N.Y. Birmingham, Alabama Syracuse, N.Y. ...
[Read More] Here is a list of the questions I get most often about escrow. . . Q. When do I get my proceeds check? A. On the day of recording. You can request that your escrow officer either cut you a check or wire the funds . Q. Why do I have to pay interest on my ...
[Read More] The home loan application requires personal and financial information. Knowing and having everything you need ahead of time helps the process move along more smoothly for you. Be prepared to provide the following to your lender: . Addresses of residences ...
[Read More] Finally you’ve got a buyer! They love your home and want to buy it. But it’s not over yet. The process is just starting and one thing that is required is an appraisal. I’ll explain the who, what, when, where and why of appraisals for ...
[Read More] I always suggest a home warranty to buyers and sellers. The home warranty is an insurance policy designed to protect the seller and buyer. It protects the seller during the listing period and the buyer for one year after the close of escrow, against repair ...
[Read More] A home is a huge investment. You owe it to your self and everyone in your house to make sure you’re making the right decision. You’ll be happy that you did. So, here are a few very important things you may not have thought of when buying a ...
[Read More] Even though most costs in a real estate transaction can be negotiated between the buyer and seller, there are lots of costs that are traditionally paid by one party or the other. The list I made should be helpful for you The seller can generally be expected ...
[Read More] Well, here we are well into 2008 and the buyers are definately out to buy now. There are a lot of buyers now and what they seem to be looking for and buying are foreclosures. Other property types are selling but right now foreclosures are where bargains ...
[Read More] Finally a Costco in far East Mesa. The coolest part is that it's huge. At 160,000 square feet, it's actually the biggest one in Arizona. Located at Sossaman Road and U.S. 60, this store also has a gas station. Every one wants discount gas right? ...
[Read More] Hooray! Mortgage rates are down after rising for three weeks. 30 yr. fixed mortgage is now at an average of 6.26%. This time last year, the 30-year loan average was 6.63%. If you want to lower the the loan interest rate, you can still buy down the interest ...
[Read More] It looks like there will be good news for the hundreds of thousands of Americans facing foreclosure. Yep, this includes Arizona residents too. There was recently an 83-9 senate vote in favor of a Federal Housing Administration backing of $300 billion in ...
[Read More] In today's challenging Phoenix, Mesa, Gilbert market and in many markets around the country, there are many bank-owned, or foreclosure, properties. These are properties that have gone through the foreclosure process and been taken back by the banks. ...
[Read More] I must digress to tell you about my love for Sonic Drive In. I do promise that I'll relate it to real estate in some way or another. The food is Great!! The service is usually quick and courteous too! But what keeps me coming back for more are their ...
[Read More] Click The Photo To Watch The Video I came across this very interesting video, so I figured I would share. It seems that if you are in foreclosure and the bank is trying to take your home you may be able to buy little extra time and maybe get a chance to ...
[Read More] In the present real state market, bank-owned foreclosurs and short sales are a huge part of the houses for sale, "regular" sellers (non-short sale and non-foreclosure ) are trying very hard to compete. A lot of these short sale and foreclosure ...
[Read More] I've gotten this question a lot lately. Many people don't know that if you are behind on your mortgage, have little or no equity, and have a pretty good reason for these late payments, you can get your lender to cover the commissions and closing ...
[Read More] This is a question I'm asked on a daily basis. Every one's talking about and thinking about real estate these days. I'm no fortune teller ( wish I was), but one thing I do know is that homes are taking longer to sell which means home values ...
[Read More] Blog Posts In Bella Tierra
Listings