Real estate blog entries tagged with appreciation by Jim Cunningham (Nova Home Loans

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Home : Blogs : Jim Cunningham : Jim Cunningham's Blog : Tag "appreciation"

appreciation: Jim's Soapbox (August 08 Newsletter) - 08/20/08 05:53 PM

The goal of my newsletter is to provide educational material mixed with Jim's unsolicited yet fascinating opinion on the Arizona housing market and real estate ownership in general. If you would like me to address a specific topic in the future, please email it to me and I will respond in the following newsletter.
First off, I would like to proudly announce that July was a great step in the right direction for both me and the mortgage industry here in Arizona. The amount of Purchase Contracts that crossed my desk doubled in July, and I even had a couple of … (0 comments)

appreciation: Should I buy a house or rent one? - 08/01/08 04:52 PM

This is an excellent question to ask yourself before taking action. Despite the economy being sluggish, and fuel prices skyrocketing, the old rules of thumb are still accurate. Here are a few questions to address before you change your address.
•· Can I afford the monthly payments?
Keeping your housing payment to 35% of your monthly gross income is a conservative target. If your potential mortgage payment is significantly higher than 35% you should probably rent a little longer until you identify cheaper housing, or increase your income.
•· Can I afford a down payment?
The availability of 100% (no money … (0 comments)

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Jim Cunningham

Phoenix, AZ

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Nova Home Loans - BK#0902429

Address: 5450 E High Street , Suite #260, Scottsdale, AZ, 85260

Office Phone: (602) 296-6403

Cell Phone: (602) 434-8261

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