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Fletcher Heights Real Estate And Bank Owned Homes For Sale

June 5, 2010 By admin 3 Comments

Fletcher Heights is located near Deer Valley Road and 83rd Avenue in Peoria, Arizona. This expansive community offers plenty of greenbelts and walking paths, not to mention its own onsite park with sports courts and a playground for the kids. Median homes average around 2000 square feet, with prices typically [...]

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$8,000 Home Buyer Tax Credit – ANOTHER extension in the works.

March 10, 2010 By admin Leave a Comment

The $8,000 first time home buyer tax credit ($6,500 for existing homeowners) is scheduled to expire April 30 (sales contracts signed by April 30 have until June 30 to close).
The tax credit has been wildly successful or a miserable failure in helping the real estate market recover.
Personally, I think it falls somewhere in between those [...]

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The Loan Package Dissected

February 24, 2010 By admin 1 Comment

So you get the call from your agent that the title company has received the loan documents and needs to set up an appointment. Lucky you! If you are a first time home buyer, everyone tells you to “get ready to sign your life away” or “man is your wrist going to tired from [...]

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Why Foreclosures Will Go Up In 2010

February 7, 2010 By admin Leave a Comment

Last year there were 2.82 million foreclosures, the most since RealtyTrac began compiling data in 2005. Some Analysts expect more than 4.5 million filings are expected this year. There is little doubt among analysts that foreclosures will top 3 million this year.

“As bad as the 2009 numbers are, they probably would have been worse if [...]

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Buy Real Estate With No Money Down

February 3, 2010 By admin Leave a Comment

Anyone can buy real estate with no money down. All you have to do is offer a high enough price and make sure the seller gets some cash at closing (but not yours). Do that and someone will say yes to your offer. The problem, of course, is that just getting real estate without spending [...]

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Home Buyer Tax Credit Extension and Changes

January 30, 2010 By admin Leave a Comment

It’s official, good people – President Obama signed it into law today, only one day after Congress finally came to a meeting of the minds and passed the home buyer tax credit extension bill. I’ve been opposed to the home buyer tax credit from the beginning, with the basic position that it feels extremely short [...]

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I am interested in buying a house from a friend that is about to go into foreclosure

January 30, 2010 By admin Leave a Comment

Question: I am interested in buying a house from a friend that is about to go into foreclosure. The bank told my friend just to bring someone in if they are interested, and that they don’t need to involve any REALTORS®. Is that even possible? Also, I don’t know whether I can get approved for [...]

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Filed Under: Uncategorized Tagged With: foreclosures, phoenix houseing info, short sale

FHA Makes Guideline Changes

January 22, 2010 By admin Leave a Comment
fha chandes rules,fha updates,fha guidelines

For at least a couple of months, I have heard rumblings about changes that were going to be coming to the FHA program that were going to be “scary” and were going to make it “much harder” for people to qualify for an FHA loan.

Earlier this week, HUD issued a press release detailing a few [...]

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Hud Lifts 90 Day Seasoning Rule.

January 18, 2010 By admin 1 Comment

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNER.
WASHINGTON – In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed [...]

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Home Buyer Tax Credit Extension

January 18, 2010 By admin Leave a Comment

It’s official, good people – President Obama signed it into law today, only one day after Congress finally came to a meeting of the minds and passed the home buyer tax credit extension bill. I’ve been opposed to the home buyer tax credit from the beginning, with the basic position that it feels extremely short [...]

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