Real Estate Blog
What is a Shared Appreciation Loan Modification?
A Shared Appreciation Loan Modification is a relatively new idea being kicked around Capital Hill that is thought by many as a way to entice Lenders to reduce Principal and in turn lessen the likely-hood of a strategic default. The “moral hazard” of a strategic default has caused many on both sides of the aisle [...]
Mortgage Debt Relief Act is EXPIRING! What does it mean?
In 2007 the United States government passed the Mortgage Debt Relief Act of 2007 that generally allows taxpayers to exclude income from the discharge of debt on their principal residence. This Act is set to expire the last day of this year. Pundits have estimated home sales dropping by 20% or more as Sellers realize [...]
Median Prices at the High, Sales at the Low
The median sales price of Single Family homes are as high as they have been since September of….2008! In fact June 2012 saw a 7.9% increase in month over month growth. But the existing home sales has dropped for the fourth time in the last five months, even though most economist had predicted a jump [...]
Listen To Me On The Business To Business Radio Network
This business can truly be very interesting in more ways that one. It requires extensive market knowledge, the ability to negotiate the deal itself but to also keep the deals on track, an ability to exercise patience and to be readily available to your clients. But beyond those traits a good Realtor needs to [...]
5401 E Exeter Blvd, Phoenix, AZ 85018-3104
Here is your chance to own one of the best placed lots in Arcadia. Situated on a 3/4 acre corner lot of 54th St and Exeter, this street of dreams host some of the best and most beautiful homes in all of Arcadia. The unobstructed view of Camelback Mountain will let your mind wonder as [...]
10656 E. Medina Ave Mesa AZ 85209 Fix & Flip
We recently purchased this investment in Mesa through a short sale listing. We were able to negotiate a decent buy price based on the current comps. With the market heating up in Metro Phoenix we were able to use the time the lender took to approve to see some slight appreciation and made the buy [...]
7 Things To Know About The Arizona Real Estate Market
We made an informational video about the Arizona real estate market. Watch to learn about short sales, out-of-state investing, and other tips and tricks for navigating the real estate market in Phoenix and Scottsdale.. Do you have a real estate question that wasn’t answered in the video? Contact us, leave a comment below, or ask [...]
Scottsdale AZ 85257 REO FIX AND FLIP?
This Scottsdale home hit the market late on a Friday afternoon. Priced at 100,000 it was intriguing to see what would happen to a home for sale in Scottsdale for $58/sqft. As you can see in the video below, it is in need of a complete remodel. It is a 3 bedroom, 2 bath home [...]
Is the Next Foreclosure Wave on the Way?
The next foreclosure wave should hit over the next 3 years. 5-year ARM loans issued in 2007 will be adjusting in 2012 and the 7-year ARM will do the same in 2014. 2011 was an anomaly, as the foreclosure filings were down 50%. Foreclosure notices were down during the “robo-signing” scandal, which prompted banks to hold [...]
Nagging Your Way to a Sold Home: Five Chores to Do Before Every Showing
Nobody likes to be nagged. But when it comes time to sell your home, sometimes the tasks start piling up and you let some of your cleaning habits slip. But as any real estate agent or home seller will tell you, a clean home is a sold home. So before each showing, nag yourself into [...]
