Total U.S. mortgage delinquencies, excluding foreclosures, increased to a record high 9.8 percent, representing a month-over-month increase of 5.5 percent and a year-over-year increase of 21 percent based on data as of Nov. 30, Lender Processing Services Inc. said.

Scary, Very Scary!!!

 

 

NEW Unlimited support for Freddie and Fannie from the Treasury
01/04/2010
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The Treasury department is now committed to support Fannie Mae and Freddie Mac with as many billions of dollars as is necessary to get them through the next few years. There'll be no limit whatsoever anymore. the Obama administration is writing a… more
FHA Loans To Become More Expensive For Home Buyers?
12/06/2009
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An excellent discussion on the new FHA for anyone wanting to get up to speed! Via Matt Stigliano (RE/MAX Access - San Antonio Real Estate Rockstar) : FHA Loan Changes - Good Idea? Yesterday, I re-blogged a post about FHA loans originally written… more
The radon gas - deal killer
12/04/2009
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Thanks Steve, you make some excellent points. We have some areas in Prescott Arizona where Radon can be a problem. This odorless, invisible gas is unequivocally linked to health issues and therefore a serious problem for sellers! Via Steve Loynd,… more
Arizona had Home Building while Michigan built Cars!
11/27/2009
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Arizona had Home Building construction jobs while Michigan built cars! Some of the jobs lost during the recession could be gone forever, and others likely won't be replaced until at least 2014. Many of the jobs shed during the downturn won't be… more
There is no Standard Commission!
11/27/2009
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Excellent blog Alan. Thanks for the info because many realtors are new to blogging they need to know what they say is on record and NEEDS TO BE CORRECT!! Via Alan May, Coldwell Banker Evanston Realtor, North Shore Realtor (Evanston Real… more
what you've said on the internet about Commission is there forever,…
11/27/2009
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Excellent blog Alan. Thanks for the info because many realtors are new to blogging they need to know what they say is on record and NEEDS TO BE CORRECT!! Via Alan May, Coldwell Banker Evanston Realtor, North Shore Realtor (Evanston Real Estate,… more
One in Four Borrowers Are Underwater
11/26/2009
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Almost 50% in our State of Arizona are underwater and unemployment is very high. It is going to be along haul out!!! Via Norm Werner (Real Estate One) : As reported in a Realtor News article from their Source: The Wall Street Journal, Ruth Simon… more
The NAR Predicts Sunshine and Lollipops
11/21/2009
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Linda I have attended many of those national cheer leading sessions and I agree. NAR needs to give us reality not sunshine and lollipops! Via Linda Davis (RE/MAX Realty Group) : I just returned from the National Association of Realtors convention… more
Check Out Fannie Mae Foreclosures And HomePath Financing
11/21/2009
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I am seeing the pricing the bank puts on these homes to be HIGH!! I just lost a short sale to foreclosure -on market for 6 months at $199, 000 with the best offer I received being $210, 000. He went away because of the long wait. I had another cash… more
 
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Michael Dougherty Doris Prenninger

Prescott, AZ

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HomeSmart Fine Homes and Land

Address: 140 N Montezuma Street, Suite 201, Prescott, AZ, 86301

Office Phone: (928) 442-2123

Cell Phone: (928) 420-0793

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