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short sales: FHA Reverses Its 90 Day Flipping Rule...But - 01/19/10 11:24 AM

On Friday, FHA reversed its 90 day flipping rule.  FHA buyers will now be allowed to finance homes after an investor purchase within 90 days.    But…… the following will apply:
1.   THIS IS NOT JUST FOR FORECLOSED PROPERTIES PURCHASED BY INVESTORS. It is for any qualified property
2.   If the resold price is over 20%, a second appraisal will be required
3.   Proof of the improvements
4.   If the home was not a rehab, a verifiable reason of the increase in price
5.   Lender has the right to ask for the home inspection
6.   The lender will require a copy of the home inspection if the property is purchased over … (2 comments)

short sales: Incoming??? Foreclosures...can you hear me now? - 01/18/10 09:02 AM
I get about 50 emails per day from other sales folks and afilliate businesses trying to sell their product or service.
I am sure I am not alone!
One subject line definately stood out from the bunch today and even caused me to *gasp* open it.  It said..."banks ready to release inventory".  Really? I thought as I frantically tapped the screen of my Iphone to get a closer look.  Low and behold it was an advertisement to buy bank owned open house signs.
Clever sign sales person.  I opened it, right?
We've been threatened since just about this time last year … (0 comments)

short sales: State of the Phoenix Real Estate Market - Enewsletter September 2009 - 09/22/09 11:59 AM
SHOPPERS always get the BEST DEALS! Keep and eye on the neighborhoods you love. Email me for a link to your very own instant notification home search site tailored specifically to your search criteria. Katie@katiehalle.com View Katie’s “deal of the month”! Great TEMPE location: http://www.flexmls.com/link.html?ov8tlwtxdvs,12,1 View this month’s FEATURED LISTINGS: http://www.flexmls.com/link.html?ov8tlupeugt,12,1 View more listings at http://www.katiehalle.com Search foreclosures anywhere in the US on our new website: http://www.getmyhomesvaluenow.com/ForeclosureListings Market stats: Sales dipped a bit in August. Still fantastic buyer activity but 2,000 fewer listings sold compared to the past few months. GREATER inventory means LESS demand and MORE savings for YOU! Real … (0 comments)

 
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Katie Halle

Phoenix, AZ

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Scottsdale & Paradise Valley, AZ - Keller Williams Realty

Address: 5301 N. Pima Road #130, Scottsdale, AZ, 85250

Office Phone: (602) 476-1942

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Let us help you with all of your Arizona Luxury Home needs in wonderful places like... Ahwatukee, Phoenix, Scottsdale, Paradise Valley, Tempe, Chandler Gilbert, Mesa, and Queen Creek.


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