Archive | December, 2008

5 reasons to buy a new home

Top 5 reasons to buy Phoenix AZ Real Estate

I call Arizona’s last 10 years the real estate ‘gold rush’ …. Well, at least the years of Phoenix AZ real estate growth that came to an abrubt halt at the end of 2005; where for the first time home buyers thought of getting rich and making money on their own and a place to [...]

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"Rent-to-Own" a Scottsdale AZ Home

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. There are 2 strategies that may work; The [...]

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Letter from a Happy renter!

As a Phoenix AZ real estate agent, we are conditioned that buying is renting. I understand that there are several questions to ask yourself: Bottom line; each person’s individual situation situation is unique.Ask yourself these 5 questions, …so you can decide if now is “Not” the right time to buy real estate. Will you be [...]

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Coldwell Banker – A Message to Customers

  I am a real estate broker with Coldwell Banker in Scottsdale AZ. There are a lot of great real estate brokers and real estate agents at many firms. One thing that impresses me with Coldwell Banker is their mission statement to clients, prospective clients and communities. I though it was important to share it [...]

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how the economy is affecting phoenix az real estate

Everyone knows that the Scottsdale AZ real estate market is suffering to find firm footing. However, unless you are in the real estate or mortgage business, you may not know why. There are economic indicators about consumer consumption, manufacturing, inflation, (to name a few) that mean a lot to analysts that paint a picture of [...]

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Mortgage Finance Terms Explained

I have been in the Phoenix AZ real estate market for quite some time.  As a result of that experience I have been involved with many transactions. As a active buyer’s Realtor, I have stayed in touch with the mortgage financing side of the transaction with my clients and their mortgage broker.  Further, I have [...]

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Will 4.5% Interest Rates be enough for the Phoenix AZ real estate market??

We may not be here yet, BUT, we are much closer than you may think. In an effort to stabilize the steep and continued and what seems to be an accelerating decline in real estate prices, the US Treasury announced (yesterday) that is in talks with the now Government run entities Fannie Mae and Freddie [...]

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Inspection Contingency – according to the AZ Association of Realtors

During the Phoenix AZ real estate boom of 2001-2005 that saw greater Phoenix AZ real estate prices soar more than 100% in most areas, buyers took advantage of the AZ Association of Realtors purchase contract that is designed to be fair, but buyer friendly. The reality of the contracts is that you can make an [...]

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