buying a home: Tucson AZ Real Estate Market Report - September 2008 - 09/24/08 09:19 PM
Like the rest of the country, the Tucson Real Estate market has taken its share of lumps over the last year or so. However, we have been seeing a reduction in inventory over the past nine months, which is the first step towards a recovery. Will we continue this trend or … (1 comments)
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buying a home: How Banks are STILL Contributing to the Declining Market - 09/01/08 02:36 PM
Did you know that banks are continuing to contribute daily to the declining market? Even though they have tightened their belts in terms of loaning new money, I see them squander their investors' money on a very regular basis. Here's how:
The Short Sale
At this point, short sales are about … (4 comments)
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buying a home: Housing Stimulus Bill Signed - July 30, 2008 - 07/30/08 04:14 PM
President George Bush put pen to paper today and signed the Housing and Economic Recovery Act of 2008. There is a lot to this bill, some good and some bad. Here are the highlights: the good, the bad and the hideously ugly...
Conforming Loan Limits
Conforming loan limits were permanently set … (6 comments)
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buying a home: Buying a Foreclosed Home - 07/24/08 07:19 PM
After two short sales fell apart, I had a client recently tell me that she was not going to try any more short sales, but was going to look at homes that were already foreclosed. She was experiencing the pain mentioned in What's So SHORT about a Short Sale.
Arizona is … (0 comments)
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buying a home: What's so SHORT about a Short Sale??? - 07/09/08 11:48 AM
Why the SHORT in short sale? Is it the short turn-around time by the bank? Yeah-right! Is it the short tempers that are produced by the end of the transaction? Getting warmer....
A short sale is named for the fact that the bank in the transaction is agreeing to take an … (1 comments)
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buying a home: I Paid for my House - Why Can't I Get the Keys??? - 06/20/08 02:34 PM
Why would we sign all the documents, put down all our money, and have to wait another day to receive entry into our home?
This was a question posed to me by a client recently and it is a fantastic question that deserves an answer. It doesn't make sense that you would … (2 comments)
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buying a home: When the going gets tough ... - 03/25/08 12:29 PM
In 2003 to 2005 anyone could be a real estate agent. Well, almost anyone. You did have to go to the class and take the test to get your license. But really it didn't take much to get started. Maybe run an ad and you had people lined up ready to … (4 comments)
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buying a home: Alternative Financing - Popular Again - 02/05/08 11:05 AM
According to an article in Realty Times, homeownership is "plunging" as people continue to have difficulties obtaining mortgage loans. This article also indicates that affordability is lower as it takes more income to purchase a home than in prior years.
While it is true that it is currently more difficult to qualify for traditional … (2 comments)
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buying a home: Buyer Sues Real Estate Agent - Should you Sue Yours?? - 01/28/08 11:37 AM
Perusing the real estate news this morning, I came across a story about a buyer who purchased during the real estate boom 2-3 years ago and then came to realize that she paid more for her home than other buyers did when purchasing other homes in her neighborhood. She is now … (3 comments)
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buying a home: Short Sales: To Buy or Not to Buy? - 10/18/07 12:12 PM
The term "short sale" has been tossed around in today's real estate world recently with growing frequency. It takes its place among other frequently-heard terms such as "foreclosure", "mortgage meltdown" and "slowing sales." While these terms may not bode well for the home seller as they represent higher inventory, for the … (3 comments)
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buying a home: Buyers!! Jump on in - the water is great! - 09/18/07 06:43 PM
Economic woes and a cooling real estate market have created the perfect situation for those interested in investing in real estate. Why? There are actually several factors contributing to the opportunity available now.
Note that for this discussion, I will be referring only to the Tucson real estate market. While markets around … (4 comments)
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buying a home: TUSD starts August 14th - Do you need to move by then? - 07/31/07 01:11 PM
The Vail School District has already started classes, but Tucson Unified School District (TUSD) doesn't start until August 14, 2007. That's a full two weeks away and I am offering to help you get into your new home during that time period. If that sounds overly optimistic, I am currenlty finishing … (4 comments)
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buying a home: Buying a Home in a Down Market - 07/07/07 05:58 PM
On its face, buying a home in a down market seems like a piece of cake. You just go in, make an offer and buy a home, right? Well, sometimes it is that easy but not always. We have been seeing headlines like Paulson: Housing 'at or near bottom', which can … (0 comments)
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