Debbie's Blog

Real Estate Broker/Owner - RE/MAX Casa Grande
It happened again today. I spoke to another person who abandoned a home because they thought they would lose it to foreclosure. I understand the hopes and dreams they had as new homeowners are dashed by the economic challenges of this market, and they may feel as though they have no other options...
Tax consequences on Arizona Short Sales Chris Combs of Combs Law Group, PC had some very interesting comments in a piece published in the January 13th, 2010 edition of the Arizona Republic. A reader asked about the tax consequences on the debt forgiveness on three Arizona residences being sold as...
Its true!  Short sales can be frustrating, difficult, require mounds of paper and followup, and take months for approval.  However, we've seen a definate trend with lenders understanding the problem of reduced property values, and making strides to streamline the process.  In fact, some lenders h...
Every day I see ads on TV and the newspaper promising solutions to save people from foreclosure by negotiating a mortgage modification or short sale.  Many of these companies have professional sounding names, slick websites and made grand promises. It almost sounds too good to be true! After your...
On May 20th, President Obama signed the Protecting Tenants at Foreclosure Act of 2009 (S. 896) into law.  These tenant protections are effective immediately and expire on December 31, 2012.  In a nutshell, renters must now be allowed to remain in the home for the duration of their lease, even if ...
Lenders don't make short sale approval easy.  After receiving government financial assistance funded by taxpayers and direct instructions to work with borrowers to avoid foreclosure, they still insist on playing hardball with homeowners who are doing everything in their power to avoid foreclosure...
Third quarter sales in Arizona were up 28.3% over the second quarter of 2008.  So questions about whether we have "hit the bottom" of this market should be answered.  Home prices are infinately more affordable than 2007 and low interest rates along with lower sales prices have unleashed the pent ...
With all the talk of the $700 billion bailout money being diverted to bail out everyone but homeowners who can't pay their mortgage payments, it's easy to assume you have few options except foreclosure or mailing your keys back to your lender.  Please don't assume that foreclosure is your only an...
Look at this great incentive for buyers in the Casa Grande, Arizona real estate market.  Housing is affordable again, interest rates are low and now assistance is available for their closing costs.  A program, called "Ask An Agent" is being offered on all Freddie Mac owned properties.  They will ...

Debbie Yost

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