Governor Jan Brewer recently signed HB 2008, which repeals SB 1271 and the changes to the anti-deficiency statute that were set to take effect at the end of this month. This is good news for Arizona Homeowners, especially those with negative equity who ...
[Read More] For all those apartment dwellers, roommate haters and those who just haven't been able to cut the cord, NOW is the time! But time is running out . . . in fact, there about four weeks left to find a home, make an offer and have it accepted in order ...
[Read More] As a REALTOR ® specializing in short sale negotiations, some of the most common questions I’m asked by clients considering a short sale include “Will I have to pay back the difference?” and “Can the bank come after me later?” ...
[Read More] As a REALTOR® specializing in negotiating short sales for homeowners who owe more than their property is worth in today’s market, I am often asked if loan modification is an option. The answer in short, is YES , albeit with a few caveats. Negotiating ...
[Read More] The Obama administration recently unveiled updates to the Making Home Affordable program to make it easier for home owners who owe more than the current market value of their homes to sell those properties at a loss via short sale and have the remaining ...
[Read More] A recent article on TheDailyBeast.com reported that Kathleen Fuld, wife of the former CEO of the now defunct Lehman Brothers, was seen exiting the Manhattan luxury purveyor Hermès with her goods in a plain white bag instead of a signature orange ...
[Read More] Given the dramatic changes in property values over the past few years, you may be wondering if your property tax rate is fair or accurate. In Arizona, property taxes are based on the Assessed Value, which, for owner-occupied residential property, is ten ...
[Read More] When I moved to Arizona in 2001, I purchased my auto and homeowner’s insurance through American Family Insurance . . . and didn’t think about it again for seven years. You would think after being a customer for that long and insuring three ...
[Read More] If you didn't catch the Today Show yesterday morning, you might be interested in taking a look at this video . The Realtor featured makes some excellent points. She does say that it's not the "worst" time to sell and I'm not sure ...
[Read More] The government and the lending industry are taking aim at “walk-away” home owners who stop making payments and months later send the house keys back to their lender. Such borrowers will not be able to get another mortgage through Fannie Mae ...
[Read More] Daily Real Estate News | May 16, 2008 Home Sales, Prices Seen Rising in Late '08 First, the good news: home sales have stabilized over the last seven months and should increase slightly in the second half of 2008, NAR Chief Economist Lawrence Yun told ...
[Read More] Despite the “housing bubble” horror stories promulgated by the mainstream “media” today, the market for Phoenix real estate is still expanding. Whether you’ve owned and/or you are an investor in luxury new homes, or you’re ...
[Read More] The overall housing market might be in bad shape, but at the very top luxury homes are still setting record prices by Prashant Gopal The housing market might be down, but that isn't stopping movie stars, hedge fund managers, and corporate titans from ...
[Read More] There’s good news and not so good news. The number of millionaires in the US continues to grow (that’s good), but the rate of growth has substantially slowed (that’s not so good!). According to Chicago-based Spectrem Group, the number ...
[Read More] Now is a great time to buy a home, say the financial gurus at the Wall Street Journal. The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, ...
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