OK, just to warn anyone who might be reading this blog, there are going to be a lot of postings...a LOT! Why, because I am a single mom with neither a hubby nor a shrink to consult with. My therapy is this blog. And on a day like this, I need two sessions. I am usually a pretty upbeat person, but some days, here lately, I cry … [Read more...] about The Food Thing
phoenix real estate market
I have received several questions over the last few weeks from homeowners who have been informed that a Notice of Trustee Sale (NOT) has been filed on their home. In Arizona, many properties are purchased using a Deed of Trust. In a nutshell, a Deed of Trust is security instrument in which you, the borrower (Trustor) grant … [Read more...] about You’ve Received a Notice of Trustee Sale…Now What?
I am a very CALM person, but these scammers really make me MAD! In these tough ecomnomic times, with so many people struggling, it seems particularly cruel to rip off families who are in danger of losing their homes. There are a lot of resources available to help distressed property owners with loan modifications, and options … [Read more...] about Watch Out for the Latest Real Estate Scams
Short sales are becoming more common these days as more and more lenders and homeowners look for ways to avoid foreclosure. A short sale is a good option in some cases. When a home is sold as a short sale, the home is sold for less than what is owed and the bank foregives the difference. The process takes a lot longer than a … [Read more...] about Five FAQs About Short Sales
Despite continued reports that buying a home in the Phoenix real estate market is like shopping at a swap meet, there are just not enough homes on the market to satisfy the demand. Competition can be fierce, especially for the choicest properties. Keep that in mind when you submit your offer... The inventory of homes in Phoenix … [Read more...] about Buying A Home – Stage 4 – Negotiating
So, you have your home buying team assembled...you have decided what you need and what you want in your new home...you know what your budget will allow. Great! Now the real fun begins...it's time to go shopping! By now, you have most likely been online and scouted homes in different areas. Maybe you have even checked out some … [Read more...] about Buying a Home – Stage 3 – Shopping!
So, you have completed Step 1 - Planning to Buy a House. You have defined the big reason for making the purchase, you have made of the wants and needs for the new home and you have reviewed your finances to see what your budget will allow. You are now ready to move onto Step 2 in the Home Buying roadmap...preparing to buy a … [Read more...] about Buying a Home – Step 2 – Assembling the Team
As 2009 marches on here in Phoenix, buying a home is becoming more and more challenging. Inventory levels are shrinking, there are a lot more hoops to jump through to get a mortgage and most deals require some type of bank approval. It's no wonder buyers are getting frustrated! Everything becomes easier when you have a plan, … [Read more...] about Buying A Home? Make A Plan! Step 1…