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foreclosure homes: PHOENIX HOME BUYER FOUNDATION PROGRAM - 08/16/11 04:38 PM
PHOENIX HOME BUYER FOUNDATION PROGRAM
Helping families rebuild the foundation after suffering from a foreclosure or short sale.
What is Phoenix Home Buyer Foundation Program?
Phoenix Home Buyer Foundation Program was founded on the idea to assist people in purchasing a home again and help stabilize home prices in the Phoenix community at the same time. Phoenix suffered significant losses to property values and home equity. Bringing qualified homebuyers back into the Phoenix real estate market will enable the values to steady. The Foundation Program helps people with a previous foreclosure or short sale interested in purchasing, do so, in … (15 comments)
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foreclosure homes: Are You Facing Short Sale, Deed-in-Lieu, Foreclosure and/or Bankruptcy? Here's What It Will Take To Purchase A New Home - 08/31/09 03:12 PM
It's been a tough battle over the last 4 years for a large majority of homeowners in similar circumstances as property values tumbled. Many people have already lost their jobs because of the widespread financial hardship we have faced as not only a nation but globally. One of the results of the global crisis is the inability of homeowners to pay for their mortgages and sell their homes. It's easy to make your payments when there's a monthly income, but with so many people getting laid off, most can no longer afford to pay for all their monthly obligations. We've created this article to address … (7 comments)
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foreclosure homes: “Your Way Home Arizona” –Tips for Helping Your Clients Purchase a Foreclosure Home in Phoenix, AZ - 08/21/09 12:22 PM
All of us are aware of the overwhelming abundance of bank-owned properties flooding the Phoenix area housing market. The Arizona Department of Housing (ADOH) has developed a new program to help your clients purchase foreclosed properties in Arizona. The "Your Way Home AZ" program offers a forgivable, zero-percent-interest loan of 22% of the home's purchase price to qualified borrowers purchasing an eligible foreclosed home. This significantly increases your clients' purchasing power, since eligible borrowers only need to qualify for 75% of the purchase price. The program is currently available throughout all of Arizona.
It is advantageous for you as Realtors to … (7 comments)
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foreclosure homes: “Your Way Home Arizona” – This Program May Be the Perfect Solution for Homebuyers Looking to Mortgage a Foreclosure Home in Phoenix, AZ - 08/20/09 03:05 PM
The Phoenix area housing market is still being driven by foreclosed homes. This wave of inventory consisting of bank-owned properties is not likely to decrease any time in the near future. Now, Arizona residents have an even greater opportunity to take advantage of the affordable home prices and the foreclosure market. The "Your Way Home Arizona" program was created by the Arizona Department of Housing (ADOH) to help homebuyers purchase foreclosed properties in Arizona. The ADOH has designated $20 million from HUD's Neighborhood Stabilization Program to fund this program.
The Your Way Home AZ program offers a forgivable, zero-percent-interest loan of 22% … (2 comments)
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foreclosure homes: Free Continuing Education Hours Glendale, AZ - For Realtors - 07/14/09 03:02 PM
Free Continuing Education in Glendale, AZ
You are invited to attend the continuing education seminar "Answers To Tough Questions About Credit In Today's Market" on Thursday, July 17th from 6:00-9:00pm.
This event is provides (3) three Accredited General Hours towards your Continuing Education requirements for the State of Arizona.
David Krushinsky, a Certified Mortgage Planning Specialist and Licensed Instructor, will address those tough questions regarding your clients credit in today's real estate industry.
The following are a few key topics that will be discussed:
Is it better for your client to file bankruptcy or to foreclose? What is a short sale and … (1 comments)
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foreclosure homes: Appraisal & Property Requirements for FHA Loans in Phoenix - 07/07/09 03:26 PM
This is a home that Won't meet the requirements for an FHA loan on Phoenix. Below are the guidelines most appraisers look at when they visit a home to appraise it for an FHA loan.
1: Home Inspections: Borrowers are encouraged to obtain a detailed home inspection of the property. Borrowers should research home inspector's qualifications and designations to ascertain that they feel comfortable with the individual they hire.
I recommend asking your Realtor for a referral of a qualified Home Inspector. 2: Repairs and Alterations: Deficiencies, required repairs, alterations and/or required inspections must be reported within the appropriate section of … (2 comments)
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David Krushinsky
Phoenix,
AZ
More about me…
Mortgage Professional - Phoenix, AZ - NMLS 202115
Address: 15111 North Pima Dr., Suite 110, Scottsdale, AZ, 85260
Office Phone: (602) 456-2195
Cell Phone: (602) 695-7575
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