Why purchase a Foreclosure? There are many advantages to purchasing a Foreclosure. Although they may seem difficult--both to locate and to execute the transactions--the potential to either turn them over for a nice profit or find a good deal on a home is definitely there. Since a bank or other lender wants to recover as much of its investment as quickly as possible, foreclosed homes are often Continue Reading
Archives for July 2009
The Government’s Refinancing Program May Expand
This past week, there was news that perhaps the government's Fannie Mae and Freddie Mac refinancing program may begin refinancing mortgages with loan-to-value ratios above 105 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs. "We're actively considering how to structure a program that makes sense over 105 percent," Federal Housing Finance Agency Continue Reading
Months of Home Inventory
Below is a chart detailing the months of home inventory.Questions? Give us a call today! We would be happy to help! Continue Reading
How to Save Money on Hot water This Summer
One simple way to reduce the cost you spend each month on hot water starts with washing your cloths. Unlike dishwashers, clothes washers don't require a minimum temperature for optimum cleaning. Therefore, to reduce energy costs, you can use either cold or warm water for most laundry loads. Cold water is always sufficient for rinsing. Inefficient clothes washers can cost three times as much Continue Reading
Important Dates for Home Buyers
The Clock Is Ticking... Important Dates Home Buyers Need to Know About "There's no place like home," so the famous saying from The Wizard of Oz goes. And this year, that saying applies to many new home owners, as first-time home buyers (FTHBs) have accounted for 53% of total residential real estate purchases during parts of 2009. For those of you who have already bought a home, Continue Reading
The ABC’s of Water Safety
A is for Adult: Adults need to have constant eye-to-eye contact with children around all forms of water (pools, bathtubs, buckets, toilets, canals, etc…) More than two thirds of children who drown in Arizona were not even expected to be near the pool. A toddler can drown in as little as 2 inches of water. Always, make sure you designated an adult to watch children when they swim in the pool. B Continue Reading
National REALTOR.com® Homeownership Survey Results
Maricopa County June 2009 Statistics
Need a Vacation? Want to Escape AZ Heat?
Escape to Rocky Point Mexico, a quick 3 1/2 hour drive from Phoenix. You deserve a weekend getaway and what a great way to beat the Arizona heat! Bask in the clear ocean waters of Sandy Beach, collect sea shells with your kids, lounge on the lazy river all day......Your vacation options are limitless in Mexico at the best resort in Rocky Point, Las Palomas! Visit www.HammanVacations.com for more Continue Reading
Best U.S. cities to buy a home
While the overall housing market isn't on the upswing, these metros show long-term potential. According to a recent Forbes article, the top 10 cities in the U.S. to buy a home are:1. Denver2. Boston3. Phoenix4. San Diego5. Los Angeles6. St. Louis, Mo7. Tampa8. Philadelphia9. San Francisco10. Washington, D.C. Continue Reading