investor tips: Investment Buying Tips for Today's Market in Chandler, Gilbert, & Queen Creek - 10/23/09 01:37 PM
Today's Market is bringing out many novice investors wowed byt the low prices. Prices in Chandler, Gilbert, & Queen Creek have dropped by about 52% since the peak in 2006. Many novice investors will look at the price and think, I can just buy this at such a great price and rent … (0 comments)
investor tips: Investors & First-Time Buyer's - Chandler, AZ - 10/11/09 05:29 PM
Young people just starting to invest and buying their first homes are potentially the winners in this recession. They are winners multiple ways - the tax credit, high affordability, and historically low mortgage rates. Investors can be winners as well due the decline in property values since rentals properties can now cash … (0 comments)
investor tips: Arizona Governor signs bill that repeals change to anti-deficiency statute - 09/06/09 01:25 PM
Wonderful News for second home-owner's & Investors. Arizona Governor Jan Brewer signed HB 2008, which repeals SB 1271 and its change to the anti-deficiency statute. SB 1271 was set to go into effect on September 30, 2009 and would have changed the protections of Arizona's anti-deficiency statue.
For additional resources and … (0 comments)
investor tips: Update Regarding Arizona's Anti-Deficiency Statute - 08/20/09 07:38 PM
The governer's office has approved the special session of the legislature to review repealing the anti-defiency status. The good news is the Senate has transmitted HB 2008 to the governor's office. Depending on the circumstances, Governor Brewer could have up to 10 days to sign, veto, or allow the bill to … (0 comments)
SB 1271 - Anti-Deficiency Law Change
The current law - Arizona Revised Statutes (A.R.S.) § 33-814 currently states that within 90 days after the date of sale of a trust property under a trust deed, a legal action may be brought to recover a deficiency judgment against the borrower … (0 comments)
investor tips: Stonebridge Lakes Manor Home In Gilbert For Sale - 07/20/09 02:11 PM
This Adorable Home Is Highly Upgraded. Home Features Travertine Floors, Wood Floors In Den, Decor Paint. Kitchen Features Updated Appliances and Tile Counters. This Home Is A Great Starter Home And A Must See! Don't Let This Home Pass You By!
Call Gina McKinley, ABR, CRS, CDPE, Associate Broker at 480-355-8645 … (0 comments)
investor tips: Perfect Time To Steal A Deal On Vacation Property - 05/05/09 02:31 PM
Although the market is at a record lows, right now is a fantastic time to purchase a second home in a vacation paradise at a great price, if you can afford it.
Since there are a significantly small amount of people that have the ability to spend money on this kind of … (0 comments)
investor tips: Superstition Heights Home In Mesa, AZ For Sale - 03/19/09 06:57 PM
***Great Investor Special*** Short Sale Steal With Tenants in Place. Lease Ends 6/30/2009. Property Is Professionally Managed. Super Clean Home With Split Floor plan, Tile Everywhere Except For Bedrooms, Stainless Appliances, Large Gourmet Kitchen With Island, Sunscreens & Ceiling Fans T/O, Water Softner And Much More!
Call Gina McKinley, ABR, CRS, … (0 comments)
investor tips: January's Residential Highlights - 02/04/09 07:56 PM
The number of homes that sold in Maricopa County in January 2009 was nearly 58% higher than in January of 2008 AND was nearly identical to the number of sales in January 2007!! January saw a 13% increase in the number of properties going under contract over December and compared to January of … (0 comments)
investor tips: Buyers Being Lured to 100% Loan Program - 12/23/08 12:37 PM
Home buyers are learning about available 100% financing loan programs offered by the United States Department of Agriculture. There are two 100% financing loans available, which are VA loans and the Rural Home Loan program.
The Rural Home Loan program allows no-money-down purchases. A borrower can seek up to 102 percent when a mortgage insurance policy is included. Eligibility … (0 comments)
investor tips: Mortgage Rates Plunge to Record Lows - 12/23/08 12:11 PM
Freddie Mac reports that the 30-year fixed mortgage rate fell to 5.17 percent down from 5.47 percent last week, which is the lowest it has been since the survey's inception in 1971, in response to the Federal Reserve's cut in the federal funds rate to near zero.Interest on 15-year fixed loans has also … (1 comments)
investor tips: CDPE What's That? - 11/20/08 11:49 PM
Well, I am proud to announce that I have a few more letter's after my name.....and the are CDPE. And I'm one of the first real estate agent's in Arizona to do it. Woo, Hoo! Ok, so I now tooted my own horn, so what, right...
CDPE, What's that? It's a Certified … (2 comments)
investor tips: Phoenix Housing Update: September Sales Surge 81%; Prices Plunge 28% - 10/21/08 12:22 PM
During September, existing home sales in the greater Phoenix metro area increased a remarkable 81% year over year, bringing the number of transactions recorded last month to the highest level seen since June 2006 (near the peak of the housing bubble). Similar to recent months, this volume improvement continued to be … (1 comments)
investor tips: The Government Bailout of Frannie & Freddie - 09/08/08 06:21 PM
Some historic news yesterday. The government has officially bailed out and taken over Fannie Mae and Freddie Mac. There has been speculation over the last month that this could happen. It brings both good news and bad news. The good news is that it will allow banks to recover from more than … (3 comments)
investor tips: Rates Vary Based on Economic Status, But Show Progress in Housing Market - 09/07/08 02:46 PM
Freddie Mac released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 6.35 percent with an average 0.7 point for the week ending on September 04, 2008, down from last week when it averaged 6.40 percent. Last year at this time, the 30-year fixed-rate mortgage averaged 6.46 percent.
… (0 comments)
investor tips: Investors Beware of Housing Bill Catch - 08/15/08 06:53 PM
Tax alert for real estate investors who use popular tax-free exchanges: The recently signed federal housing legislation contains a hidden zinger that could cost you thousands of dollars if you don't plan around it.
As of next January 1st, investors who exchange into rental or second home properties that they … (0 comments)
investor tips: The Key to Good Tenant Relations - 08/05/08 10:56 AM
It is important to attract and keep great tenants when you own investmentproperty. A good way to begin a positive tenant/landlord relationship iswith clear communication about what you expect from your tenants and whatthey can expect from you.
The written lease agreement spells out the legal obligations of each party.The landlord … (0 comments)
investor tips: FakeTV Helps Protect Vacant Homes - 07/25/08 05:37 PM
It's common knowledge that vacant homes are prime targets for burglars and vandals. Now a company has developed an inexpensive way to give off the appearance that there are people living in the home-or at least watching TV there.Eden Prairie, Minn-based Opto-Electronic Design says "FakeTV" is a burglar deterrent device that … (1 comments)
investor tips: Market Analysis for Phoenix, AZ - June 2008 - 07/23/08 07:39 PM
The Phoenix metro area's strong seller market from 2005 has gone to a complete reversal in 2008. The large amount of supply has created a buyer's market with record inventory levels. Prices have declined approximately 14% year over year. I anticipate 2008 to continue as a year for correction, with the market … (1 comments)
investor tips: What Is All The Frenzy On Wall Street? - 07/18/08 08:34 PM
A year ago federal officials looked at Fannie Mae and Freddie Mac and declared that all was well. The two government-sponsored enterprises (GSEs) largely held conventional loans, though they were about to acquire subprime mortgages.
"Although their $40 billion-plus planned commitment to subprime over the next several years is small … (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Today's Market is bringing out many novice investors wowed byt the low prices. Prices in Chandler, Gilbert, & Queen Creek have dropped by about 52% since the peak in 2006. Many novice investors will look at the price and think, I can just buy this at such a great price and rent … (0 comments)
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