9/9/2009 2:18:00 PM
SB 1271 Repealed - Good News for Arizona Homeowners with Negative Equity!
Governor Jan Brewer recently signed HB 2008, which repeals SB 1271 and the changes to the anti-deficiency statute that were set to take effect at the end of this month. This is good news for Arizona Homeowners, especially those with negative equity who may ...
Views: 638
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9/3/2009 7:36:00 PM
First Time Home Buyer Tax Credit . . . Act Now or Go Double or Nothin'?
For all those apartment dwellers, roommate haters and those who just haven't been able to cut the cord, NOW is the time! But time is running out . . . in fact, there about four weeks left to find a home, make an offer and have it accepted in order to close ...
Views: 523
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7/20/2009 2:21:00 PM
SB 1271 - Serious Changes to Arizona's Anti-Deficiency Statute*
As a REALTOR ® specializing in short sale negotiations, some of the most common questions I’m asked by clients considering a short sale include “Will I have to pay back the difference?” and “Can the bank come after me later?” ...
Views: 2378
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5/27/2009 7:38:00 PM
Short Sale vs. Loan Modification; Weighing the Options
As a REALTOR® specializing in negotiating short sales for homeowners who owe more than their property is worth in today’s market, I am often asked if loan modification is an option. The answer in short, is YES , albeit with a few caveats. Negotiating ...
Views: 407
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5/26/2009 6:25:00 PM
Government Offers $1500 Incentive to Homeowners who Pursue Short Sales Instead of Foreclosure
The Obama administration recently unveiled updates to the Making Home Affordable program to make it easier for home owners who owe more than the current market value of their homes to sell those properties at a loss via short sale and have the remaining debt ...
Views: 842
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4/16/2009 10:48:00 PM
Has consumption gone out of style?
A recent article on TheDailyBeast.com reported that Kathleen Fuld, wife of the former CEO of the now defunct Lehman Brothers, was seen exiting the Manhattan luxury purveyor Hermès with her goods in a plain white bag instead of a signature orange Hermès ...
Views: 317
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3/24/2009 12:34:00 PM
Are your property taxes fair?
Given the dramatic changes in property values over the past few years, you may be wondering if your property tax rate is fair or accurate. In Arizona, property taxes are based on the Assessed Value, which, for owner-occupied residential property, is ten percent ...
Views: 377
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2/5/2009 12:12:00 PM
If you are injured by an uninsured driver and disabled for the rest of your life, what are you worth? Is your *#! covered?
When I moved to Arizona in 2001, I purchased my auto and homeowner’s insurance through American Family Insurance . . . and didn’t think about it again for seven years. You would think after being a customer for that long and insuring three homes ...
Views: 403
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1/27/2009 11:34:00 AM
Today Show Video: Myths on Buying and Selling Your Home
If you didn't catch the Today Show yesterday morning, you might be interested in taking a look at this video . The Realtor featured makes some excellent points. She does say that it's not the "worst" time to sell and I'm not sure if I ...
Views: 289
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5/28/2008 1:18:00 PM
Consequences for 'Walk-Away' Borrowers
The government and the lending industry are taking aim at “walk-away” home owners who stop making payments and months later send the house keys back to their lender. Such borrowers will not be able to get another mortgage through Fannie Mae for ...
Views: 517
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