Loans & Financing

Oct. 19, 2015

9 Points Home Buyers Must Know About the New TRID Rule

home.sweet.homeOn 10/03/15, the Consumer Financial Protection Bureau (CFPB) implemented it's new rule affecting all home loan disclosures. It will allow consumers more transparency and a better understanding of the loan terms & process and hopefully prevent mass amounts of borrowers from defaulting on loans which they had little …

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Oct. 19, 2015

7 Points Home Sellers Must Know About the New TRID Rule

for.saleOn 10/03/15, the Consumer Financial Protection Bureau (CFPB) implemented a new rule affecting home loan disclosures. Here's what sellers need to know. It will allow consumers more transparency and a better understanding of the loan terms & process and hopefully prevent mass amounts of borrowers from defaulting on …

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Dec. 16, 2014

Buy vs. Rent- MATH Still Makes a Case to BUY

BuyVsRentI love how numbers make most decisions so much easier to navigate... yet, most people opt not to do the work, especially when it involves big financial decisions like buying a home vs. renting one.

Yesterday, the Cromford Report staff posted some info and a chart about the "Buy vs …

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Oct. 7, 2014

A Few Reasons 2015 Will Be a Good Year for Phoenix Real Estate

We're officially in the 4th quarter! Where did the year go?? Despite low demand, low sales volume and a relatively high, but now retreating supply of homes for sale in Phoenix & Scottsdale, 2014 has been a rather unremarkable year. There are still tons of buyers out there kicking …

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Oct. 3, 2014

Video: Sellers Use Your Secret Weapon to Sell Your Home

There is a secret weapon every seller has which they can utilize when they sell their home. Watch this video to see what it is and how it can help you maximize your proceeds!

Follow up: Since I shot this video, I listed a home for some clients. They couldn …

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Sept. 16, 2014

Bankruptcy, Short Sale or Foreclosure? Buy again. Sooner than you think.

On August 16, 2014 Fannie Mae revised their guidelines to reflect the waiting periods defined for people with a "prior derogatory credit event", i.e. a Bankruptcy, Foreclosure, Short Sale or Deed in Lieu of Foreclosure. The reason they did this you ask? Banks don't make money if they …

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Sept. 5, 2014

2003-2014: Is the Average Phoenix Mortgage Payment Up Or Down?

That's a good question... How well do you think you know our real estate market? It boomed and went bust... There has been lots of talk about inflation over the last several years... But did the mortgage payment for the average home go up or down?

I love how …

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Sept. 2, 2014

Video: How to Know Whether Refinancing Your Mortgage Makes Sense

I'm trying something new. Instead of a written blog, here's a video instead:

I've talked to lots of clients recently about refinancing their homes. Rates are low- in some cases they're as low as they were when they last bought or refinanced, but there's more …

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June 19, 2014

What to Know About Zestimates® & Online Property "Estimates"

On May 27th, 2014 Zillow.com released their Home Value Forecast for 2015.

Three days later on May, 30th, the Arizona Republic reported the news and followed it with a few statements from 2 highly respected real estate analysts who focus solely on the Phoenix Metro Area. Michael Orr, also …

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April 24, 2014

Top 10 Reasons Owning Your Home Beats Renting One

OwnVsRent

 

  1. Not having to answer to a landlord.
  2. Paying YOUR mortgage & expenses beats paying someone else’s
  3. Being able to tap into your home equity in case of emergency.
  4. Appreciation (MORE MONEY!) if/when you’re ready to sell.
  5. Not having to move because your landlord booted you.
  6. Being able to …
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