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The Dow dropped more than 600 points on worries the U.S. was in a recession or soon would be, despite the plan announced Tuesday where banks would receive large amounts of lending in exchange for equity ownership. Investors agonizing over a faltering economy sent the stock market down after a dis...
10/15/2008
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Until the the real estate boom that we had here in Scottsdale and the many towns around Phoenix, of 2001-2005, people thought of homes as exactly what they are; a place to live and call home. However, with all the water cooler stories of getting rich from the real estate ‘gold rush', a different ...
10/15/2008
There are many sites to follow foreclosure statistics , Foreclosures for sale , and National Foreclosure Auctions Lately, in the Phoenix Valley and towns of Glendale, Peoria, Fountain Hills, Tempe and others, we have all seen a lot of these advertisement lately from Foreclosure Auction companies ...
10/15/2008
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When it comes to buying real estate, Patience, prudence, insight, educated decision making and a little luck can present you with promising home buying opportunities. However, financial professionals, will often tell you that "Risk" evaluation is the most important criteria one must consider befo...
10/14/2008
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if you search at Amazon -Real Estate Investing, you return 8,589 I have not read them all. though, I have read many. One in particular book for Home buyers and/or sellers and real estate investors that I recommend is #3 on the search results is a book from the Rich Dad Poor Dad series, this one w...
10/14/2008
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I have been working with several buyers in Metro Phoenix, Scottsdale and Carefree who are finally eager to purchase a home. Though, like anyone who can read a newspaper or stand by the proverbial water cooler, they now it is just that; a buyer's market and can afford to be , shall I kindly put it...
10/14/2008
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Short Sale may be replacing ‘Sub-prime’ as the word of the year for 2008 so, what exactly is a short sale in Real Estate? Selling short , or a ‘short sale’ means offering (and a lender accepting) lesser amount than money owed to the bank. The good: ■salvage credit (potentially) and possibly avoi...
10/14/2008
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Phoenix and Scottsdale area lenders are tightening their lending practices. It is increasingly more and more difficult for home buyers to get loans. Now 100% loans, or ‘majority financing‘ is a very limited option, buyers and sellers have to be creative to get real estate transaction closed. Here...
10/14/2008
I call Arizona’s last 10 years the real estate ‘gold rush’ …. where for the first time home buyers thought of getting rich and making money on their own and a place to live was secondary. yes, a lot of money was made; and lost. However, let’s remember the Top 5 reasons to buy a home. (the order i...
10/14/2008
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Here are 4 things to consider whether now is the right time for you to buy a home here in Greater Phoenix , Fountain Hills or Scottsdale.... 1) A Home first, and investment last - a primary residence is just that, a residence, it is a place to live, to realize the American dream, to enjoy, to rai...
10/07/2008