"Speaking About Real Estate"

By
Real Estate Broker/Owner - Thompson's Realty
"Speaking About Real Estate" will cover topics and offer tips that are real estate orientated with the intention of targeting and engaging the interests of home buyers, sellers, and other real estate agents in and out of the Phoenix/Scottsdale area.
RECENT BLOG POSTS
HAFA, HAMP, HOMEPATH FINANCING, NEW FHA GUIDELINES, FHA 203K, NEW HUDS, NEW GFA'S, FED STOPS BUYING MORTGAGE BACK SECURITIES, O'BAMA'S NEW PLAN TO HAVE LENDERS REDUCE THE PRINCIPAL FOR HOMEBUYERS THAT ARE UNDERWATER (GEE WHAT'S THAT PLAN CALLED) AND I KNOW I have left something out. Its like "Lio...
04/07/2010
Today I am going to attend yet another "short sale" class. The thing that makes today's short sale class special is first its free and second they are givings us lunch. We Realtors like free lunches.  Its one of the classes sponsored by our local title company. Guess they want to make sure we hav...
02/24/2010
Yes the time has come when I need to take this blogging thing seriously. OK its been about a year that I put my first blog on Active Rain. I was so enthusiastic, I was going to be this great blogger, after all I can fill a paragraph as well as the next guy with useful Real Estate information for ...
02/23/2010
2009 WAS a very good year for real estate. Is it too soon to say that, after all it is the end of November and I don't know about most of you but with the holidays and all, things seem to pretty much slow down till after the first of the year. So I chose now to say 2009 WAS a very good year for R...
11/23/2009
Many real estate agents in Arizona who are listing short sales are utilizing a procedure that enables them to keep a short sale property "Active" in the MLS notwithstanding the fact that they are processing Offers on the subject property. How is this being done? It's a bit complicated so read car...
04/08/2009
I know there are tons of qualified buyers out there that just can't seem pull the trigger to buy a home, condo or whatever kind of real estate they would love to have. The reasons are many, the negative press saying we have not hit bottom, friends and family saying wait, the prices are going to g...
02/20/2009
Today I had a fellow business owner stop in my office to see how things were going. He has an mid to upper range designer flooring business. We started chatting about how slow things were and he told me a story about a client that he had given a quote to for carpeting in their home. He had quoted...
02/16/2009
When we are successful in negotiating a Contract on your behalf for the purchase of your home one of the tasks to be accomplished is obtaining home owners insurance coverage. The short hand method to describe this policy is "Homeowners Insurance". The first step in this process is to obtain a rep...
01/22/2009
In Arizona Sellers of real property are, in most cases, required to complete and deliver to the Buyer a Residential Seller's Property Disclosure Statement commonly referred to as the "SPDS" (think of a potato "spuds").  The SPDS is a disclosure document. It is intended to provide the Buyer with p...
01/19/2009
When a Lender is forced to foreclosure on a property and it acquires title to that property through the foreclosure process the property is then commonly referred to as an "REO". "REO" is an acronym for "Real Estate Owned". In dealing with an REO property the process is essentially the same as de...
01/17/2009
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