I attended a class at my real estate brokerage last week dealing with short sales and other types of “distressed” properties. With the market (at least in the Phoenix area) now comprised of over half short sales and/or bank-owned properties, it is imperative for real estate professionals to be well trained and knowledgeable in order [...]
Entries Tagged as 'housing market'
How Do Short Sales, Loan Modifications and Foreclosures Impact Your Credit Score?
September 10th, 2009 · 3 Comments · Credit Bureaus and Scores, Mortgages, Real Estate
Tags: credit·Credit Score·deed-in-lieu of foreclosure·FICO score·foreclosure·housing market·loan modifications·Real Estate·Short Sale
First-Time Homebuyer? The Time to Buy is Now!
September 2nd, 2009 · 2 Comments · Mortgages, Real Estate
If you have been following the media circus over the past year or so and in particular, the onslaught of news reports regarding the housing market, it is understandable to be very wary about listening to a real estate agent stating that it is “time to buy”. But the signs are there, and it isn’t [...]
Tags: First Time Homebuyer·housing market·housing recovery·Real Estate·real estate recovery
Details on the Proposed $15,000 Home Buyer Tax Credit
February 16th, 2009 · No Comments · Consumer Debt, Mortgages, Real Estate
Potential home buyers all around the country, myself included, are waiting anxiously for the political pundits in Washington to enact something that will breathe some life into the housing market. No question there probably isn’t a single action that is going to miraculously lift us out of “housing market hell”, but something has got to [...]
Tags: Add new tag·Alternative Minimum Tax·Economic Stimulus·First-TIme Home Buyers·Home Buyers·housing market·Tax Credit
Rates Rally to Record Lows: Is it Time to Refinance?
December 24th, 2008 · 1 Comment · Banking, Mortgages, Real Estate
With mortgage interest rates dipping to historic lows, many homeowners may be asking this very question; should I jump on the refinance bandwagon now? The answer will naturally be contingent on a number of factors, first and foremost your ability to qualify considering tightened lending standards, along with the equity (or lack thereof) available in [...]
Tags: great interest rates·home loan·housing market·mortgage refinancing·reduce monthly payments·refinance

