Posts Tagged ‘ Foreclosures ’

Home Prices Going Up In Phoenix Area

04/02/2012
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As we have been reporting, the inventory of homes in a lot of the Phoenix metro area is about half what it was last year.   The inventory of  foreclosure homes for sale is about a quarter of what it was a year ago.  This has caused competition among buyers and home prices are starting...

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Housing Market Moving Forward

01/20/2012
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Mike Orr was quoted in the Arizona Republic as saying that he believes the housing market in the Phoenix area hit bottom in September of 2011.  Mike Orr is the Director of the Center for Real Estate Theory and Practice for Arizona Statue University.    We are seeing multiple offer situations for many properties priced...

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Freddie Mac Launches Winter REO Sale

11/18/2011
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Freddie Mac is offering an incentive for a limited time for owner occupant buyers of it’s foreclosure homes.  They will pay up to 3% of the final sales price towards buyer’s closing costs .  They will also provide a two year home warranty.    Contract must meet all requirements including being accepted by January 31,...

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Free Housing Counseling

12/17/2009
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Free Housing Counseling

If you are having trouble making your mortgage payment, we wanted to let you know about some resources that might be helpful for you.  These are all available through the U.S. Department of Housing and Urban Development website, www.HUD.gov.   The counselors can help you evaluate which options will be best for you.  Links: Foreclosure...

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Phoenix Housing Market – Recent Articles

05/27/2009
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The Phoenix housing market is starting to get a lot of media attention both in Phoenix and in other areas.  Here are links to some recent articles that may be of interest to you.  The AZ Republic is even reporting some price increases for homes in the area. Amid Housing Bust, Phoenix Begins a...

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Just Published – Foreclosures What to Expect

02/18/2009
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Just Published – Foreclosures What to Expect

I just published an article at ezarticles.com. Foreclosure Real Estate Purchase Contract – What to Expect TweetFacebookLinkedInTumblrStumbleDiggDelicious

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Bank of America to Halt Some Local Foreclosures

11/03/2008
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Last summer, Bank of America bought Countrywide. Countrywide was the nation’s largest sub prime lender. As a part of a settlement agreement with the Arizona Attorney Generals office, Bank of America has suspended foreclosure notices for about 2,000 homes in the Greater Phoenix Area and many more in the rest of Arizona. The bank...

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Mortgage or Financial Assistance Help

06/09/2008
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We just received the following information from the Arizona Department of Real Estate and thought we should share it for those of you who need help or know someone who needs some assistance. Mortgage Trouble? Toll-Free hotline 1-877-448-1211 available to provide you with referrals to Arizona organizations participating in the National Foreclosure Mitigation Counseling...

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Who Should You Call??

04/14/2008
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If you have started having trouble making your house payments or anticipate having trouble in the near future, you may want to ask for some advice or help. The US Department of Housing and Urban Development has a listing by state of approved housing counselors on their website. HUD Approved Housing Counseling Agencies for...

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Short Sales and Foreclosures

01/21/2008
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What’s right for you? If you are having trouble making your mortgage payment and you are ready to give the home back to the bank, you might have thought about a foreclosure or short sale. What’s a short sale? It’s when the bank or investor accepts less money for the payoff than what is...

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