Buyers

Feb. 7, 2013

12 Tips for Getting the Best Home Loan for YOU

Home LoanIf you plan to buy or refinance your home this spring, I applaud you for taking advantage of historically low rates.

Sure, getting the financing may not be as quick or as easy as it once was during the housing boom because lenders and banks who lost billions from borrowers …

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Dec. 5, 2012

Maricopa County, AZ 2013 Real Estate Outlook

I think now that elections are for the most part over (except where the last of the provisional ballots are still being counted here in Maricopa County), most folks have some expectation of what comes next.  The mortgage interest deduction is likely to stick around, unless it also gets …

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Sept. 18, 2012

Lending Standards: Too tight, too loose or just right?

I read an interesting article today put out by RISMedia, heavily loaded with quotes from Lawrence Yun, the Chief Economist for the National Association of Realtors (read it for yourself here).  He had some very valid points about current lending standards and the challenges borrowers faced when applying for …

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Aug. 31, 2012

More Short Sales with Law Extension Through 2013?

Check out the article in today's LA Times here: http://www.latimes.com/business/realestate/la-fi-harney-20120812,0,7914990.story

The Mortgage Forgiveness Debt Relief Act may be extended if the bi-partisan Senate Finance Committee is successful with getting their bill through the Senate and House. The impact of a …

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Jan. 9, 2011

US rentals rise 12% in 2010; Avg. price of home for sale falls 10%

Food for thought: The average rental price rose almost 12% in 2010 while the average price of homes for sale dropped about 10%. Recently a well-qualified (making over $250K in verified income) client of mine was beat out 3 times in the "race to find a rental" in Scottsdale.  …

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Dec. 8, 2010

How to Find a Good “Deal” in Today’s Challenging Real Estate Market

How to Find a Good “Deal” in Today’s Challenging Real Estate Market

When I ask most potential buyers I meet what they want in a home they tell me they want a “deal”- some go a step further and say they want a “smokin’ deal”.  In a market where …

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July 17, 2009

USAToday: Upscale home sales lag as jumbo loans are hard to get

By Stephanie Armour, USA TODAY
http://www.usatoday.com/money/economy/housing/2009-07-14-sales-jumbo-loans_N.htm
More than four months after the Obama administration launched its housing rescue plan, scores of lenders are focused on rewriting mortgage loans to make them more affordable.

But one demographic is being largely ignored: homeowners with …

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