I wanted to share a situation that happened to my family. It just doesn't make sense for the government to apply the "arms length transaction" rule in this situation. Feedback and insight is welcome. My grandmother and grandfather had their first home built in 1971 in Phoenix. They lived in th
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02/16/2010
I watched the recent podcast regarding short sales and here are 5 tips that were shared: Reach out to homeowners and be their advocate. Find a HUD approved credit counseling agency to refer to; 1-800-HopeNow Buyer's Agents - Read short sale listings carefully! Buyer's Agents - Educate consumers o
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11/12/2009
A short sale is when someone owes more money than the house is worth and the bank agrees to take less money in order to get the property sold, and to avoid the costly foreclosure process.There are a TON of short sale properties out there available for purchase. They are normally sold at below mar
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07/30/2008
Another city is motivated to get people to buy!!! It's the City of Peoria!!!The City of Peoria is offering $10k to:* First-time homebuyers who have not owned a home in the past 3 years* Households, including single people, whose combined yearly income does not exceed 80% of the area median incom
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07/30/2008
Good afternoon. I am providing you with this information so you are aware of the upcoming changes to FHA mortgage insurance premiums. FHA loans require 2 types of mortgage insurance. Upfront mortgage insurance and annual mortgage insurance. In today's environment the upfront insurance is based
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06/27/2008