To further provide better service to all my long time clients as well as new clients, I have just been certified as an REO Specialist. What is an REO Specialist? REO stands for Real Estate Owned properties - owned by lending insititutions. My certifcation ...
[Read More] Today all you see is Bank Owned Listings and For Sale Signs all over the place. Yes it is a buyers market and a great one at that. Have you seen some of the homes available and the amazing low prices the banks have placed on the home? Arizona Bank Owned ...
[Read More] Dogs, cats are being left behind by owners to fend for themselves in a vacant home or yard, in a neighborhood or on the street if the house which was their home has been foreclosed or the owners evicted. Unfortunately, some owners have believed that someone ...
[Read More] The media bombard us daily with the numbers of homes which are in mortgage difficulties. Perhaps, you have wondered if you should get involved in purchasing such a property. The first thing you should realize is that the answer to that question depends ...
[Read More] It's great to see that finally the lawmakers in Arizona decided that 10,000 loan originators and front line employees of mortgage companies, brokers and lenders should be subject to screening, processing, licensing and accountability. The law will ...
[Read More] North Scottsdale has parks for family and individual recreation. It is a pleasure to live in a community which has been willing to spend the time and effort to preserve some land for resident enjoyment. Personally, I use the facilities at the Scottsdale ...
[Read More] 6/5/08: Buyer Transaction Saved $162,000 Through Strong Networking, I negotiated a sale of a Brand new home for a buyer in Gilbert Arizona. The Pricing at the Model Home was $374,000. After talking with the builder on several occasions, we were able to ...
[Read More] Regardless of whether you are planning to sell your home now or sometime in the future, you can start making improvements now. Too often, people wait until they want to sell to do the improvements which they have always considered. Then as a realtor, I ...
[Read More] I just listed a home and property which caused me to stop and think. The home built in 2003 is a territorial "Western" ranch home on an acre plus in a Maricopa "county island." ( That means it belongs to the "county" and not ...
[Read More] What is "predatory" lending? Predatory lending involves unfair and deceptive lending practices which have specifically targeted borrowers who could not qualify for conventional financing such as seniors with equity in their homes, minority consumers ...
[Read More] Prior to the "market frenzy," there were some established "guidelines" which helped potential buyers determine how much of a home they could afford. Because of the current problems which have evolved due to changes in the "basics" ...
[Read More] Are you IN or ON the market with your home for sale???? Wondering why you have a lack of activity or activity with no offers???? In the market we are in, the pricing of your home is crucial. If you are not priced right ( and that by the way is determined ...
[Read More] What are you waiting for? If you are a Buyer in the current market, there are amazing buys to be found! Everyone I know in the business wishes that they had "tons of cash" to spend. We see the bargains everyday. There are a plentiful choice of ...
[Read More] Beware of stretching the "truth" when purchasing a home. Not long ago if a buyer "stretched" the truth with a mortgage lender about income or assets, particularly if a "stated income" loan, as long as the mortgage payment ...
[Read More] With the mortgage debacle which has gone on over recent months, there is an attempt again being make by legislators to license mortgage originators and loan officers in Arizona. The current bill would require mortgage originators to take a test, take continuing ...
[Read More] The news is out! Finally home sales are up after months of decline. The news says "unexpectedly?" Why "unexpectedly"? Those of us who are in the business have been well aware that the key to getting a home sold in this market has been ...
[Read More] This week it was announced that Maricopa County added more people than any other county in the United States. We have slowed down compared to past years but are still growing. We now have a population of almost 4 million people. This means that people ...
[Read More] <a href=" http://technorati.com/claim/28gr4yd2um " rel="me">Technorati Profile</a> If you are a Buyer, there is a large inventory of homes at very realistic prices. If you are a Seller, homes are still selling as long as ...
[Read More] This week, I did some BPO's (Broker Price Opinion) for some lenders. They hire Brokers such as myself to go to a property ,which the lender owns or will probably soon own,to provide them with an independent third party opinion of the value of the property. ...
[Read More] There is always an upside as well as downside in any market. If you are a first time homebuyer or investor, there are good buys, if you would like to spend $200,000 or less. It was not long ago, that it was difficult to find any home in that price range. ...
[Read More] As prices are coming down from the boom period, one result has been for Lenders to label Phoenix Metro as a declining real estate market. What does that mean to you? One challenge is that Lenders are now funding less of a loan because they are worried ...
[Read More] As Days on Market for selling a home increases, should a seller consider the option of renting out the home and wait to try to sell it later? There are Pros and Cons: First the Pros For Renting: 1. Cash Flow - rent can provide assistance in paying the ...
[Read More] There was an encouraging sign last week as there was a 12% jump in mortgage applications. Perhaps, buyers have decided to start taking advantage of the "Buyer's" Market - lots of inventory, good prices and low mortgage rates. Why wait? Nowis ...
[Read More] Based on the latest statistics of 2008, if you are selling your home you should plan in the Scottsdale, North Scottsdale areas for an average of 200 days on market. One reason for this is the increasing number of homes for sale inventory as versus the ...
[Read More] Our market has been undergoing a correction from the inflated prices of 2005. We have seen prices drop, mortgage rates have remained low and there is significant inventory of homes on the market. if you are in the market for a home. what are you waiting ...
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