More NEWS on Magnetar. Magnetar was the hedge fund that singlehandedly extended the financial crisis another 2 years. I don’t want to try and explain it all when I can just it from the source: goo.gl/hossN Update Oct. 29th, 2010: This story has been corrected in response to a recent letter from Magnetar. Read their letter,…Read More→
DON'T LET THIS HAPPEN TO YOU! Some Arizona homeowners still owe after short sale
Great article on AZCENTRAL.com this morning. We send all our Short Sale home sellers to an attorney and accountant for legal and tax advise. This is something one must be cautious of, because the law is not black and white. It is hard to get an attorney to advise without leaning towards their own personal…Read More→
Home Sales Metro Phoenix – Compare Foreclosure to Short Sales to Retail Sales by Jeff Cameron Realtor
Home Sales Report for September 2010 – Foreclosure vs Short Sale vs Retail REO closings hit a high for the year in September with 2,612 closings up 20% from last month. They now make up 43.4% of the home closings. This could be due to banks changing their position on extending foreclosure dates. We shall…Read More→
FootHills Neighborhood in Phoenix – Home Sales Report for Septbember 2010 by Jeff Cameron Realtor
Foothills neighborhood at Tatum and Bell in Phoenix – Home Sales Report for September 2010 Inventory up to 34 Homes for sale from 27 or a 26% increase. Pending homes sales increased to 23 from 20, a 15% increase. Closing dropped to 5 last month from 11 the prior month, that was a Huge decrease….Read More→
BANK OF AMERICA STOPS FORECLOSURES NATION WIDE 10/8/2010
Wow! Bank of America stops foreclosures nationwide. I am shocked. What next? We now know the too big to fail extended, deepened and worsened this crisis. AIG has been the biggest culprit in driving down prices due to rejecting short sales. If they would have just failed, then have the US government bailout American Banks…Read More→
Has the Foreclosure Wave Begun? Foreclosure Starts Hit Highest Level Since January: LPS
We have been hearing for several years about the wave of Foreclosures. Yet, they continue to hold steady. Now that Fannie Mae, Freddie and big banks like Wells Fargo are going to be strict about giving a extension on a Foreclosure date, maybe the wave has begun. Foreclosure Starts Hit Highest Level Since January: LPS…Read More→
480-652-2004