Today, 39% of homes for sale in the Phoenix Valley are short sales. In the past 6 months 20% of the homes sold were short sales. Which means, home buyers looking for a home in today’s market will find it impossible to avoid them. The question becomes, are you ready and willing to deal with [...]
The government recently issued new guidelines for the Good Faith Estimates (GFE) issued by loan officers to home buyers. These guidelines are designed to protect the home buyer from shady lending practices, specifically bait and switch scenarios. As we know, with every positive action we get an equal negative action as a result… in this [...]
Here are some of the best tips we’ve gathered over the years for home buyers to use when previewing homes. Here are the topics we will cover: How to do your homework What to bring to your appointment Previewing from the “Outside-In” Tools to download and use Doing your Homework It is very common for [...]
Last weekend I decided to cook a ton of food and freeze it for future meals. I’ve found this to be a really good way to always have a tasty dinner on hand that doesn’t take hours to shop for, prepare and cook. Instead all I need to do is typically toss the meal in [...]
Will you be able to find a home and close in time to receive the $8,000 tax credit? Let’s look at the home buying time line and discuss some of the pitfalls you’ll want to consider before spending any more time sitting on the fence or gambling on short-sales. What We Know: Tax Credit “expires” [...]
iMortgage has recently released a new loan program for homebuyers. It allows homebuyers to get 22% of their loan for free and do 1% down. FHA, Conventional, VA or USDA it doesn’t matter, this program will work. However, like most good deals the opportunity might not last long! The program has one small catch, but [...]