Phoenix Real Estate Market behaving, oddly quiet? Monthly Sales: Monthly sales are down here about 5% since last month, and almost 9% since last year. New Inventory: Oddly, we’re also experiencing new low inventory, down almost 17% from this time last year. In August 2014 we saw the lowest total new listings we’ve […]
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Real Estate Market recovery felt by some, not by all Although the bottoming out of the real estate market may be fading into the distant past, there is still a population of homeowners left drowning, so to speak. Although each market is different, the effects are being felt even in cities like Phoenix, Arizona, […]
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How to know when the property has officially been sold through short sale or foreclosure This article is contributed by guest blogger Emily Dressler of Deeds.com Short Sale Short sales can be confusing, and there is some definite confusion on when the property is actually transferred. Regardless of whether it’s a short […]
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Fannie Mae purchase guidelines change for those who had a Short Sale Although short sales may seem like a thing of the past, those who have had a short sale have to deal with the lingering aftermath. For instance, a major concern of those facing foreclosure is what a short sale or foreclosure does […]
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Arizona Short Sale Realtor discusses trends, profession Local Real Estate Agent Shevon Quijano is a newly licensed agent finding her way in the world, or the Phoenix Real Estate market. With that, she’s interviewing, writing about, and sharing knowledge with top agents around the Valley. In the not so distant past, short sales, […]
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The foreclosure market has been declining at a healthy rate over the past few years, but we might witness a rebound without proper Congressional support. Congress authorized a tax exemption bill offering some relief under mortgage debt forgiveness. The bad news is that bill has expired in 2013 and has not been extended as per […]
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The US Housing market has seen some improvements in 2013 including the rising house prices and improving market demand. A lower mortgage rate and shortage of inventory have fueled the improvement throughout the year. However, a large portion of homeowners are still underwater on their mortgages, as per a recent report issued by CoreLogic. […]
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How To Short Sale After Divorce Going through a divorce can be one of lifes most trying circumstances, and owning property together doesn’t make it any easier. Let’s take an example, though, and learn how to short sale after divorce. *Disclaimer: I am not an Attorney, nor is any of this input meant to […]
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What’s spun in media garble as a housing bubble, the return of real estate, or the next boom, has overlooked (or wanted to forget) that there are still millions of homeowners nationwide that are still left facing an underwater mortgage. For those celebrating the return of equity, there are those facing foreclosure left with little […]
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The Home Affordable Modification Program (HAMP) was launched in the year 2009 to help house owners facing immediate foreclosure. More than 1.2 million house owners received help under the scheme. However, according to the report of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), as many as 306,000 borrowers are re-defaulting […]
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“Hi Tracy...Thank you for keeping in touch and keeping us advised as steps progressed. .Reg and I are soooo very thankful for you and the Team’s handling of all the sheets and letters we received from our mortgage company. We are sorry we lost our beautiful home, but glad it was handled the next best way (for our credit) and that someone else now desires it..."...
