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Proposed bill would require Arizona loan officers to be licensed

May 10th, 2008 3:51 pm
Anyone who’s signed a mortgage knows that it’s no light matter. There is A LOT of paperwork involved and – as too many have discovered – if you don’t cross your Ts and dot your Is – twice, at least – you could be in for real financial troub

To own or to rent? What would Hamlet do?

May 10th, 2008 3:50 pm
Now that the real estate market is down in so many areas, it is a good time to buy, but buyers are understandably jittery: “Is this really the bottom?” they ask. “Will it be a good investment?” “Will I lose my money and end up in foreclosure l

There’s No Excuse to Be Bored! Fill Up Your Calendar with Great Things to Do in Phoenix in May

May 4th, 2008 9:09 pm
As the weather heats up, some of us have a tendency to hole up inside. But don’t! There are so many fun, interesting – and cool! – things to do in the Phoenix area in May. Below is a listing of many of them – whether you’re entertaining out-o

Tips for foreign buyers and sellers who want to attract this new market

May 4th, 2008 9:08 pm
A quarter of U.S. Realtors report more foreigners are buying real estate here, according to a report issued by the National Association of Realtors (NAR) in June 2007. Now, the number of foreign buyers is likely to be even higher as the dollar continues

The value of home ownership: the power of leverage

May 4th, 2008 9:06 pm
With a home, in contrast, you earn a return on a giant investment even if you only have a little cash to put forward. If you put a modest 5% down on a $250,000 home, in other words, you’re earning a return on the full $250,000 even though you only paid

Forget saving money, is walking away the right thing to do?

April 25th, 2008 11:17 am
A recent article in the Arizona Republic about “jingle mail” – when homeowners simply mail the lender back the keys to the home and walk away rather than struggle to pay the mortgage – got me thinking: are there any situations in which walking awa

Arizona ranks 4th among top 10 foreclosure states

April 25th, 2008 11:15 am
According to a recent U.S. News and World blog post, Arizona ranks fourth among the top 10 states in terms of foreclosures per household in March.

4 steps to a better mortgage

April 23rd, 2008 9:49 am
A recent survey by Zillow.com found that U.S. adults spend about 40 hours shopping for a home, 15 for major home improvements, 10 for a car, 8 for a mortgage or home loan, 7 for a vacation, five for a computer, and about four for a television. What’s

Crazy neighbor in Phoenix makes national headlines: What it means for you as a home buyer or seller

April 23rd, 2008 9:47 am
Phoenix made national headlines last week as a homebuyer takes his new home’s seller to court over a really obnoxious next-door neighbor.

Feeling "trapped" in a housing market that's on fire – and not in a good way

April 23rd, 2008 9:46 am
They say that art imitates life. It’s certainly true of newspaper cartoonists – not the kind you see in the “Funnies” section, but the kind you see on the editorial page. They take often serious topics and bring out the humor – however dark – in them. Sometimes, it’s just what we need.

What's Going On in the Scottsdale and Phoenix Areas: March Market Conditions Update

April 8th, 2008 7:22 pm
Let’s see what’s gone on in the Scottsdale and Phoenix area real estate market this past month.

What's Going On in the East Valley: March Market Conditions Update

April 8th, 2008 7:20 pm
Welcome to the second monthly edition of the MyPhoenixMLS area-specific market conditions update (okay, that was a mouthful). Today, I’ll post market conditions reports for some of the East Valley cities; next we’ll look to the Scottsdale and Phoenix

Combine one part FHA loan, one part AmeriDream down payment assistance and what do you get? A no-down-payment loan!

April 8th, 2008 7:18 pm
Many have been reporting that the age of the no-down-payment loan is dead. It’s not. A loan from the Federal Housing Administration (FHA) can get homebuyers 97% of the way there (the maximum FHA loan limit is 97% of the value of the home). And a

How’s your credit? Part III: Fixing errors on your credit report and building good credit history

April 8th, 2008 7:16 pm
Yesterday I offered 8 steps to help you build good credit. But I left out a few steps (on purpose, of course). One part of maintaining a good credit history is making sure that mistakes don’t appear on your reports.

Coronado Home Tour Recap

April 1st, 2008 5:02 pm
Categorized in: Coronado Happenings
Coronado Home tour and Festival and Sunday on 7th were all very successful
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