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Four States Top the Foreclosure List

The bad news continues... foreclosures continue... and are expected to increase in 2010. Despite government and financial industry efforts, homeowners continue to struggle. And, of course, the states that benefited the most from the real estate boom a

Do buyers need a strong pre-approval?

In today's real estate market, bank's and other lenders have tightened their lending standards and made it more difficult to qualify for real estate loans. This makes it more challenging for buyers when competing against multiple offers as we

First time buyers: Get your $8,000 tax credit

First-Time Home Buyer $8,000 Tax Credit: 6 Things to Know 1. Eight grand, new buyers : This credit is equivalent to 10 percent of the purchase price of the home– although it’s capped at $8,000–and applies only to first-time home buyers

Lower Interest Rates Entice Buyers To Jump Back Into The Market

With all the uncertainty in the economy over the past few months and with the real estate market plunging over the past three years....

Top 10 Fastest Growing Real Estate Markets

There are still parts of the country where price gains are expected in the coming year, according to...

Are you ready for your home loan application?

Requirements for your home loan application to get you prepared for a smooth transaction.

The Appraisal Process Explained

All you wanted explained about appraisals. All about appraisals!

Buying a newly built home? How to avoid pitfalls?

Tips for purchasing a newly built home in Arizona. How to avoid the pitfalls and be happy with your purchase in the end.

Closing Costs – Who pays what?

Even though most costs in a real estate transaction can be negotiated between the buyer and seller, there are lots of costs that are traditionally paid by one party or the other. The list I made should be helpful for you The seller can generally be expected

Mortgage Rates Are Down

Hooray! Mortgage rates are down after rising for three weeks. 30 yr. fixed mortgage is now at an average of 6.26%. This time last year, the 30-year loan average was 6.63%. If you want to lower the the loan interest rate, you can still buy down the interest

Multiple Offers On Foreclosure Properties

In today's challenging Phoenix, Mesa, Gilbert market and in many markets around the country, there are many bank-owned, or foreclosure, properties. These are properties that have gone through the foreclosure process and been taken back by the banks. Contrary to popular belief the banks and lenders DON'T like taking back properties. They want to "loan" not "own." When the

What is a short sale?

I've gotten this question a lot lately. Many people don't know that if you are behind on your mortgage, have little or no equity, and have a pretty good reason for these late payments, you can get your lender to cover the commissions and closing

Is it a good time to buy?

This is a question I'm asked on a daily basis. Every one's talking about and thinking about real estate these days. I'm no fortune teller ( wish I was), but one thing I do know is that homes are taking longer to sell which means home values