“Sharks smell blood in the water.”, I think that is how the old saying goes. Unfortunately, this old proverb is all too real in today’s Phoenix real estate market. When people struggle, hustlers, sharks and scam artists show up to try and take advantage of fear and suffering. Phoenix AZ real estate is down more [...]
Archive | November, 2008
There is no benefit to Short Sales !
Posted on 29 November 2008.
I love talk radio. I listen to news, political and business talk radio all the time. On Saturday (today), local talk radio shows are more prevalent as they take over the air-waves that are mostly made of nationally syndicated talk radio shows during the business week. Today, As I was driving home from breakfast this [...]
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Loan Modification Package – Hardship Letter example
Posted on 28 November 2008.
Phoenix AZ real estate and Scottsdale real estate has been declining in value. As a result, lenders have been less willing to loan money to refinance homes. Thus, foreclosures numbers are rising and banks are taking possession of real estate called lender owned real estate (REO). In order to combat growing inventory of bank owned [...]
Posted in Articles2 Comments
A lot to be thankful for !!
Posted on 27 November 2008.
It is has been a trying year for Phoenix AZ real estate owners. Even Scottsdale AZ, normally an island unto itself, has seen the affects of an ailing greater Phoenix AZ real estate market. If you are reading my blog, Phoenix AZ real estate is important to you. And speaking for myself and co-workers, the [...]
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Wealthy buyer cannot buy Peoria AZ home with 10% down
Posted on 26 November 2008.
Recently, there has been loud complaints of the accelerated price decline of Phoenix AZ real estate. Although opinion differ what is the problem, no one can deny that there are several problems contributing. Experts point towards mounting inventory of Phoenix AZ homes for sale, rising unemployment, the large number of foreclosures, poor management of loss [...]
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Hank Paulson reads my Phoenix AZ real estate blog
Posted on 25 November 2008.
I guess someone is listening. Or, at least, someone is reading my Phoenix AZ real estate and Scottsdale AZ real estate blog. Ok, Ok, maybe I am being a little overzealous with my readers. However, to make myself feel better, I will take credit for the following. Yesterday, I wrote a story disputing a real [...]
Stopping Foreclosures NOT the key to recovery for Phoenix AZ real estate
Posted on 24 November 2008.
Phoenix AZ real estate is near the top of the list of price declines. Not a great title. In fact, a recent RL Brown report shows that most parts of greater Phoenix AZ real estate have now declined past 4 year lows, retracing all the gains of 2004-2005. Scottsdale AZ real estate prices and Phoenix [...]
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Remember these 3 Tips before you buy that Scottsdale AZ home
Posted on 23 November 2008.
As a Scottsdale AZ real estate agent, I interact with real estate buyers and sellers. As a result, you can imagine the range of emotions I hear on a daily basis. If you are a Phoenix AZ real estate owner or real estate investor, the emotions range from shock to sadness to anger. I am [...]
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