Refinancing Your Arizona Mortgage

If you are one of the lucky ones to have bought your home in Arizona long before the mortgage crash and you didn’t happen to pull money out when your home’s value ran up a few years ago you may have some refinancing options that other folks may not. Interest rates are still attractive to make refinancing a your mortgage a smart choice under some circumstances. But to take advantage of streamline low va rates and programs, FHA mortgage refinancing… Read More

What Are The Advantages of a VA Loan?

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One of the biggest advantages of a VA loan is that you don’t have to have a down payment. A VA loan has no property restrictions, meaning you can buy in urban and rural areas except for trailer parks. There are also no income restrictions for the Veteran so you can make $200,000 a year and still buy a home going VA with no down payment. Why is income and property restrictions even an issue? The reason I bring this… Read More

23 States Holding Off of Foreclosures

Update:  Bank of America has postponed foreclosures in all 52 states until it can review their policy on foreclosures.  Other banks are considering this same move to review policy.  This is a move that could impact real estate sales throughout the country. Arizona is Not Postponing Foreclosures.  Four lenders — Bank of America, JP Morgan Chase, GMAC Mortgage,  and Wells Fargo — are under the spotlight for supposed document flaws in processing bank foreclosures. Reports have said that the flawed… Read More

Government Foreclosure Help for Homes Facing Foreclosure in Az

Approximately 74% of all home sales in the current Phoenix/Mesa Arizona real estate market are either Short Sales or REO’s.  The Arizona real estate market was the 5th hardest state hit in 2009 for foreclosures.  Only Nevada, Florida, California and Michigan surpassed Arizona in all foreclosures.  In May of 2010, our local MLS (ARMLS) showed the following home sales in Arizona. 49% Active Short Sales Listings up 137% from 2009 19% Pending Short Sales Listings up 200% from 2009 20%… Read More

Security clearance and short sale

Reply to question: ” I read over your article regarding short sales and security clearances; I have a question about deed in lieu of foreclosure and how it would affect the renewal of a security clearance. I am in Alabama, but the way if affects an individual should be the same regardless of state.” Thanks for reading our website… Not completely sure of your current situation with your home in Alabama. Should you be in a time where you are… Read More

Short Sales will be here for some time in Arizona

Short Sale vs Foreclosure – Should I care?? Yes, With our current economy causing difficult times for many, it can feel like there are nothing but bad choices. However, some are not as bad as others. If you are finding yourself having difficulty with keeping up with your mortgage you do have some choices. We are continuing to educate ourselves so that we can offer you the best advise available. If we do not have the answer, we have a… Read More

Social Networking in Real Estate

Over the past several months we have taken seminars pertaining to Real Estate marketing. The current buzz word is all about the social media. For those of us who are Realtors®, ActiveRain blogs appear to the most popular media site. However, it’s also the latest rage to be tweetered on Twitter, have a Facebook friend, or get LinkedIn. While social media continues to grow in popularity, and worthwhile for many reasons, it’s vital that Realtors not forget about the good… Read More

Short Sales vs. Foreclosures: Homes in Distressed in Mesa – Phoenix Arizona

Impacts of a Mesa Arizona Short Sale and Foreclosure on a Security Clearance, Current Employment, Future Employment, and a Deficiency Judgment.

What Does an Arizona Short Sale or Deed-In-Lieu of Foreclosure Do to My Credit?

Learn more about how a Short Sale in Arizona or a Foreclosure on your Phoenix Arizona home affects your credit report, credit scores and your ability to purchase a home in the future.

Certified Destressed Property Experts in Mesa Arizona

What We Can Do For You In The Real Estate Market In Arizona We have over 26 years of combined experience in selling residential real estate in both Arizona and Colorado.  We continually attend educational classes to keep abreast of the ever-changing world of real estate, Arizona legislation and advances in real estate that affect our local real estate market. We recently earned the Certified Distressed Property Expert (CDPE).  certification to help our clients who have fallen on hard times… Read More