I can’t imagine anyone is breaking out the champagne to celebrate in today’s world. However, the reality is we are at a new high with home values for 2009 right now. The real estate market in metro Phoenix has been hit hard due to the mortgage melt down and ensuing REO/Bank Owned/Foreclosure and Short Sale homes…Read More→
Up Coming Bank Owned Property in Grayhawk
Check it out. I just took this video of a new REO, bank owned foreclosure home in Grayhawk. Grayhawk is a golf community located in north Scottsdale. This little piece of real estate is not currently available to the general public. You can be the first to view, tour and write an offer. Our experience…Read More→
Desert Holly Preview 2 By Tony Mastricola
US Profiting from TARP
I hope this continues to be true. To profit that would mean a return of all invested funds. That would be great! It would be great to see the government be able to lower the national debt through this process, after all the situation has made the wealthy tons of money. Those with money to…Read More→
FORCLOSURES STABABLIZE IN METRO PHOENIX REAL ESTATE MARKET
Well if you are a buyer in today’s market, then you know this oh too well. The foreclosures are stabalizing and inventory is way down. As a matter of fact, in the Metro Phoenix marekt place there is only a 3 month supply of homes for sale. Of those only about 12% are foreclosure homes….Read More→
NAR Information on Revised TILA Disclosure Requirements Take Effect on July 30, 2009
I just got this update from NAR about new regulations for lenders. This new law will force lenders to send out good faith disclosures after taking a loan application. It will add a lot of work to the lenders, but the buyer needs to know what they are getting into. I run into buyers all…Read More→
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