3/9/2009 8:16:00 AM
You may qualify for the $8000 Tax Credit on Your 2008 Return!!!
Do you want to buy
now , but don’t want to wait until next year for the $8,000 tax credit? There has been a special election to allow first time homebuyers
purchasing after 12/31/2008 through 7/1/2009 to allow them to treat the
purchase as though it ...
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3/9/2009 8:13:00 AM
Great news! FHA has increased Phoenix Area lending limits to $346250 from $271050
Maricopa was raised to $346,250. Pima
County was raised from $271,050 back up to $316,250. Feel free to follow the
link to HUD's website for all other counties in AZ. https://entp.hud.gov/idapp/html/hicost1.cfm This is welcomed news if you are looking ...
Views: 177
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2/2/2009 7:11:00 AM
Multiple offers making a comeback (Mainly Phoenix Metro Area Foreclosure Properties!) But highest bidder isn't always the winner
In the current home sale market, it might seem ludicrous to make an
offer on a listing if it means competing with another buyer. However,
multiple offers are on the rise in some markets( especially the Phoenix Metro Foreclosure Market). But, it doesn't ...
Views: 349
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12/30/2008 9:30:00 AM
68% of Jan. 2009 Phoenix Home Sales Are Lender Owned Properties!!
Lender Owned Properties (REO) Of the single family detached resale home sales reported through ARMLS (Arizona Regional Multiple Listing Service) for the month of January 2009, 68% of the listings were noted as "Lender Owned," up 21% from 47% in November ...
Views: 279
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10/30/2008 8:04:00 AM
Investors Return to the Phoenix Market- Thanks to Foreclosures
Many foreclosed homes are bought by investors who can pay cash, market watchers say. That means fewer homes are going to buyers who plan to live there and hang onto the house for a while. Owner-occupied homes ultimately help an area's recovery. The Valley's ...
Views: 290
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10/30/2008 7:58:00 AM
30000 Phoenix area Homes Foreclosed On, To Date, In 2008
As long as foreclosures continue to climb, home prices will fall. More than 30,000 Valley homes have been foreclosed on so far this year. That compares to fewer than 1,500 foreclosures in 2006. Now, almost all of the homes are going back to the lenders, which ...
Views: 219
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10/30/2008 7:46:00 AM
Phoenix leads nation in home price drop- Prices fell 30.7%
Metropolitan Phoenix now leads the nation for home price declines, according to the S&P/Case-Shiller Home Price index released this morning. The Valley’s existing home price fell 30.7 percent between August 2007 and August 2008. The Valley just beat ...
Views: 150
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8/23/2008 9:33:00 PM
$7500 TAX CREDIT For First Time Home Buyers!!!
For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $7,500 for first-time home buyers might just be the opportunity of a lifetime. But like so many of the good things in life, time ...
Views: 254
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7/28/2008 5:16:00 PM
Congress May End Down Payment Assistance!!!
The housing bill that’s expected to pass in the Senate this week seeks to end the seller-funded down-payment assistance programs that allow home buyers to put no money down on a home loan backed by the Federal Housing Administration. But experts predict ...
Views: 361
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7/16/2008 11:26:00 AM
FHA Recent Loan Changes
FHA LOAN CHANGES In February, President Bush signed a bill that made a temporary increase to both conforming and FHA loan limits. The U.S. Department of Housing and Urban Development (HUD) recently released the new limits, which range from $271,050 to $729,750 ...
Views: 278
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