Bob Hertzog- Designated Broker, Summit Home Consultants

There was an interesting and potentially serious ruling by a Federal Court Judge that could alter the opportunity for lender-servicers to modify mortgages to mitigate foreclosures.  The link below discusses the rendering in some detail and is worth reading. In essence, the Judge has ruled that m...

  FOR IMMEDIATE RELEASE                                               Local Agent Provides Free Information Resource to Phoenix Homeowners Facing Financial Hardships   New Web site presents options for homeowners confronted with the possibility of foreclosure.   Phoenix, Arizona – August 17, 2009...

  I hate to be so negative, but the BANK OF AMERICA 2ND MORTGAGE division is making me nuts! I'll explain the scenario...IndyMac in 1st, $480,000BofA 2nd, $40,000After two months, we get an offer (on 6/25/09) for $275,000 (the comps support this value, and I send them in with my package).We send ...

Since the downturn in our Real Estate Market, Arizona Loan Modification Companies have made headlines for various Loan Modification Scams.  Local TV affiliate ABC 15 reported that Governer Jan Brewer recently signed into law legislation that will force those who work in this industry to have back...

I ran across an article today on the USA Today website that does a great job of describing what we, as Phoenix Short Sale Agents/Brokers (and our clients) go through on a daily basis.  Click Here for a link to the video and article.  The video is a classic example of what we are all facing today....

I will be posting a blog the first week of each month, comparing "Traditional Listing" Sales vs. Short Sales in Scottsdale. These numbers were just released two days ago by the Cromford Report.   For the purpose of this blog, the term "Traditional Listing" refers to your typical "non-distressed"...

I will be posting a blog the first week of each month, comparing "Traditional Listing" Sales vs. Short Sales in Phoenix. These numbers were just released two days ago by the Cromford Report.   For the purpose of this blog, the term "Traditional Listing" refers to your typical "non-distressed" lis...