RECENT BLOG POSTS
Mortgage credit scores can be different than the scores given to consumers by other sources, such as credit card providers like Discover or credit services such as Credit Karma. Mortgage credit scoring generates three scores typically for each consumer with the middle score numerically being the ...
12/23/2015
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It should have been a front-page, headline-screaming report, a VERY interesting piece of information was buried several paragraphs deep into a Wall Street Journal story on the reasons the housing market isn’t doing a better job at boosting the U.S. economy. The percentage of homeowners who are u...
12/20/2015
Located at 1919 E Water Street, Tucson, AZ 85719. New lower price, priced below the Zillow.com "Zestimate". Charming 3 bedroom and 2 bath, 1,530 SqFt red brick bungalow nestled in the heart of Central Tucson with NO HOA. Desirable N/S orientation, privacy with mountain views. Fantastic central l...
12/20/2015
Mortgage bond prices finished the week slightly lower which pushed rates a bit higher. Trading started on a sharply negative note as traders positioned themselves ahead of the expected Fed rate hike. We recovered some of the losses later in the week amid mixed economic data. Consumer prices were ...
12/18/2015
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Reviewing some investment properties today for an out of state buyer I came across this gem. The link below is to the listing including all the pictures. This might be one of the worse ones I have ever seen, I would have listed with no pictures at this attractive price. http://www.flexmls.com...
12/18/2015
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Statistical highlights for the Tucson market statistics for November 2015. There are several key points I would like to draw your attention to:1. Total Sales Volume decreased this month to $190,421,972, a 24.24% decrease from last month's number of $251,340,493.2. The Average Sales Price decrease...
12/18/2015
The link below shows 13 properties listed for sale or under contract for the desirable subdivision of Tucson Country Club Estates ? Thinking about buying or selling? I have shown many in this subdivision just outside Central, in Northeast Tucson. Spirithttp://www.flexmls.com/link.html?15cyd1an...
12/17/2015
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Even though we live in Arizona, we still need to winterize our homes! As a REALTOR® it is important to keep an eye on your clients vacant property and to also inform your past and current clients on how to properly winterize their homes. Here are 5 simple tips on how to help avoid costly problem...
12/17/2015
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Funds for closing costs must be from an "allowable source" and properly documented. Unsecured borrowed funds are not allowable, such as a personal loan or advances from a credit card. Secured, borrowed funds are allowable. For example, a consumer can get a personal loan against the equity in a...
12/17/2015
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If you’re taking a new job in a new city, relocation and timing don’t always coincide with one another. This, quite often, leads to your thinking you have to sign a twelve-month lease on a rental property because you need to build up an employment history for a mortgage. Not so. For those profes...
12/14/2015