Daniel Wexler's (wexler) Blog

f you are a longer-term investors, home buyer or 1st-time new home buyers , follow the long-standing advice of investing 101 for real estate buying here in Phoenix. Capital preservation - make sure you can afford the home; make sure you have 20% for a down payment on your mortgage Debt reduction ...

When the headlines about the housing market are apocalyptic, the last thing a homeowner wants to do is sell. Here's a surefire way to start an argument: Suggest that the housing market has reached bottom. To be sure, the near-term outlook is still grim, and nobody is forecasting a rapid nationwid...

In the past there has been some confusion on whether or not, according to AAR Purchase Contract ..... as it pertains to cash buyers, Can Cash Buyers ** cancel a contract if the home fails to appraise for the purchase price anytime during the escrow period?? In essence, does the appraisal for sale...

Here are the questions to ask yourself if home buying is right for you Do you need the flexibility of renting? or can you afford to stay in your home for at least 5 years or longer? Can you afford a 20% down payment? Can you afford a monthly payment on a 30-year fixed mortgage? ask your CPA ... D...

World stocks sank Wednesday and the Dow Jones index of leading U.S. shares was down 302.58 points after poor U.S. retail sales data "sharpened concerns that global efforts to restore confidence in the financial system will not be enough to stave off a deep recession." According to one analyst, "T...

Avalon Hills Condominiums in NorthWest Phoenix is offering a great program for homebuyers. These days one of the main challenges for buyers is having enough of a down payment as a result of more stringent lender requirement in obtaining financing. This 100% equity program allows people who want t...

However, with all the water cooler stories of getting rich from the real estate ‘gold rush', a different thought process creep into our consciousness. The primary purpose of home buying became "Investment"; not primary traditional reasons of: Use - as a place to live tax break, inflationary hedge...

new site called PolicyMap.com ; the site offers: over 4,000 indicators related to demographics, real estate, crime, health, schools, housing affordability, employment, energy, and public investments." where you can " Search any location by address, census tract, county, state, zip code, school di...

Fannie Mae announced they have increased their elapsed time -frame guidelines for clients in foreclosure for when they will consider a borrower to have ‘ re-established ‘ their credit in order to get a loan; They have increased the time period for which they will consider borrowers for loans afte...

The bright side to a weaker economy. Well, I am looking for the silver lining. And we have one. Maybe 2. Oil prices are now half of the peak they reached in mid-July. Oil prices fell to a nearly 14-month low Thursday as bad U.S. economic news stoked fears that a significant global economic slowdo...