Arizona real estate is in incredibly high demand these days as more and more people are looking to enjoy the incredible living benefits that Arizona offers. For those who are not aware, Arizona real estate and more specifically, Cobblestone Farms Maricopa AZ, offers some of the best luxury living options in America. Arizona real estate [...]
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Casa Grande Arizona real estate
Don’t Wait – Check out Casa Grande Real Estate Now! Casa Grande Arizona Real Estate offers tremendously low housing prices, while maintainig high quality and a medium selection of homes to choose from. Casa Grande Arizona has its own Hospital, Dr offices, Dental offices, Shopping mall, places to enjoy some amazing food, and is close [...]
The Most Common Roadblocks to Home Ownership
As most of us are already aware, the credit industry has been dealt a series of blows over the past two years, which has left many banks gun shy when it comes to lending money to borrowers with anything but perfect credit and credentials. Your professional REALTOR has helped you find your dreamhome and you [...]
A Graphic View of Mortgage Rates Over the Years
Sometimes a picture is worth a thousand words…we’re all used to hearing about “historically low rates” but what does that mean to a generation of folks that don’t really understand where rates were in the past? Even for folks that have been around, have past rates been completely forgotten about? Here are two charts that [...]
How to Stop the Drop in Home Values
The challenges facing this economy are diverse, complicated and enduring. Over the last several years and two administrations, the bleeding has continued unabated. Despite billions of dollars tossed at the problem, schemes to increase employment and opinions from economic experts on how to dig out, the country remains mired in the economic mud. A critical component [...]
How do I short sale my house in Maricopa Arizona
How do I short sale my house in Maricopa Arizona I get asked this question daily it seems like in Maricopa Arizona. The answer is complex, as I want you to stay in your home if possible. If you have not missed any mortgage payments I would recommend that you see if you can do [...]
How Do You Feel About This New Bill?
On October 20, Senators Charles Schumer and Mike Lee introduced a bill that would give automatic tourist Visas to foreign home buyers who pay cash for at least $500,000 in U.S. real estate and agree to spend at least 6 months per year in the U.S. $250,000 of that would have to be for a [...]
Mortgage Rates Stay At All-Time Low, Spur Interest in Refinance Proposal
Those in the real estate world have been paying attention over the past few weeks to the basement-level state of mortgage rates, which hit a historic low earlier this month. While they are currently above that mark of 3.94%, they are still not far above the previously-unheard of mark of 4%, standing firm at 4.11% [...]
Refinancing My VA Loan With the IRRRL Program
In some states refinancing with the IRRRL – Interest Rate Reduction Refinancing Loan – loan program is not much of an option – states like Arizona, California, Nevada, Florida, and Texas. These states have seen an incredible and sustained decline in property values such that it is very hard to take advantage of this very [...]
Mortgage Rates Remain Low as ARMs Rise
Mortgage rates across the country for most loan types continue to remain near historic lows as the Federal Reserve attempts to keep them low and spur the flagging housing market into action. Today, the average interest rate for a 30-year fixed-rate mortgage is 4.01% across the nation, the lowest mark the market has ever seen. [...]
Mortgage Drama: Banks are Hit Hard
It seems like there is always some type of drama in the mortgage industry nowadays. From the Federal Housing Finance Agency suing 17 banks to high foreclosure inventories and robo-signing, drama is still definitely surrounding the real estate market. Originally, it was estimated that banks would suffer losses totaling somewhere between $54 billion and $106 [...]
Her Bank Got Enough Help When It Was in Trouble. She Didn’t.
“Mimi Pierre Johnson and her husband bought their four-bedroom home in Elmont, on Long Island, for $413,000 in 2005. Then the recession blew in. Her husband lost his construction job, her real estate work slowed and their boiler wheezed and died. Their once-reasonable mortgage resembled a forbidding mountain. She dialed her bank, JPMorgan Chase, seeking [...]
Help the Housing Market – Increase Foreclosures!
It’s refreshing to see an article in CNN Money reiterating what many of us in the real estate industry have known for years; that the foreclosure abatementprocess is simply delaying the inevitable. Many of the homes in the foreclosure process will never be recovered, it’s much better to foreclose and get on with the next [...]
Fed Sponsored Refi’s – Spend, Don’t Save the Difference!
As the economy continues to free fall like a stone approaching terminal velocity, the administration continues to try and pop ‘chutes to slow the decent. It’s no secret that real estate is a vital cog in any recovery, arguably the most vital as it impacts both personal and commercial/industrial wallets. Distressed home inventory remains high [...]
$700,000 VA Loan Limit in Orange County, CA Remains through December 2011
The 100% VA financing loan limit in Orange County, CA has been $700,000 since January 1, 2011. While Conforming and FHA loan limits will be dropping from $729,750 down to $625,500, the high VA loan limit will remain in place for the last three months of 2011. If what is happening with Conventional and FHA [...]
203K | Homepath Renovation Contractor Selection
How Do I Choose My 203K or HomePath Renovation Mortgage Contractor FHA 203K | HomePath Renovation – Contractor Selection Want a successful FHA 203K or HomePath Renovation? You need to select the right contractor. Contractor selection is YOUR choice. It is VITAL. YOU need to do the research, YOU need to make the calls, YOU [...]
How to Write a 203K Purchase Contract
How to Write a FHA 203K Purchase Contract In you’re a Realtor chances you are, in some capacity, working with Foreclosures, Short Sales or other types of distressed property. If you’re not working that market yet then maybe you want to add it to your bag of tricks! If you work that market then you’d [...]
Is the Massive Shadow Inventory Actually Shrinking?
Shadow inventory – the collection of homes that are either in the foreclosure process but haven’t been sold yet, or are being kept off the market because of low prices and market uncertainty – has grown tremendously over the past five years. While foreclosures have broken records – with over one million foreclosures in 2010 [...]
Appraisal Issues? Blame Washington
Once again appraisers are in the cross hairs, the incessant screaming is that we’re “killing deals” and hampering any real estate recovery chatter is heating up. Low appraisals, incorrect appraisals or appraisers not being familiar with the area in which they work are the topics of conversation around the real estate water coolers. Most of [...]
7 Reasons To Refinance Your VA Loan With A Streamline Refinance
Congratulations to you if you are a Vet and you took advantage of your VA benefit to get a VA loan to buy your house. Also, thanks for your military service for our great country. Your VA loan brings with it some excellent benefits like no down payment and no monthly mortgage insurance. But now [...]
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
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Unite Against the Sarasota MLS Board
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Short Sale Heaven Coming April 5th 2010
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
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Carmen Brodeur: Very interesting! I better go buy more wrinkle cre...
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Ria Grace: What is good of having custom home is that you can...
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Patrick: A great online property management forum is agents...
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Kyle Pearce: Unfortunately, in every industry, there are some w...
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