Arizona

Internet Marketing on your listing is a must!

November 12, 2010

According to RealtyTrac, over 80% of home buyers search for homes on the internet in leu of just driving and calling on a sign in the front yard and the MLS. The Internet Age has introduced the masses to the comfort of shopping quickly and thoroughly from home. Virtual Tours are the norm and search [...]

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Bank of America Customer Assistance Center

October 22, 2010

For those of you that have Bank of America as their mortgage servicer, here is a great tip for you!  Bank of America has opened a Regional Customer Assistance Center right here in Phoenix to assist their customers struggling to keep up with their financial obligations.  Here is what you need to know: 1- The [...]

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Take the Stress Out of Home Buying

October 9, 2010

Buying a home should be fun, not stressful. As you look for your dream home, keep in mind these tips for making the process as peaceful as possible.  1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that [...]

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Mortgages Hit Lowest Levels Since 1950s

October 9, 2010

Thirty-year fixed mortgages slipped to 4.27 percent this week, the lowest on records dating back to 1971, from 4.32 percent last week. A drop in interest on 15-year loans to 3.72 percent from 3.75 percent, meanwhile, was the lowest on records dating back to 1991. Freddie Mac also reported that the five-year adjustable-rate mortgage fell [...]

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Anti-Deficiency- What does it Really Mean?

October 5, 2010

There is a lot of mis-information in the real estate world about the Arizona Anti-Deficiency Statute.  Many Realtor’s out there are telling their clients that if they short sell their properties that the deficiency between the loan amount and the short-payoff will be forgiven due to the “anti-deficiency” statute.  THIS IS WRONG.  The statute does [...]

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