What’s Ahead For Mortgage Rates This Week : January 31, 2011 - 01/31/11 09:56 AM
Mortgage markets improved this week as positive economic data was overshadowed by geopolitical strife. A flight-to-quality drove buy-side activity in mortgage bond markets, which, in turn, helped conforming rates fall across the state of Arizona.
Last week marks the first time this year that mortgage rates fell on a week-over-week basis, and considering why rates fell, it points to the fragile nature of the global economy.
By all accounts, last week showed that the U.S. economy is in recovery.
Housing data rises to its best levels in 8 months (LA Times) Consumer sentiment hit a 7-month high (NPR) Business investment increased … (4 comments)

Understanding the new 3.8% Medicare Tax - 01/30/11 06:24 PM
This is a great post about the new Medicare tax that is on the table right now.  I have heard many different things, but this blog below really spells it out and makes me understand the new tax.  Make sure to go to Gabriela's original blog and read this and comment as well.  Thanks for posting Gabriela!
Via Gabriela Agostinelli (Century 21 New Millennium):
Understanding the new 3.8% Medicare Tax
Various posts, twitts, emails and other confusion communications about the 3.8% Medicare tax in the health care reform law continue to circulate in the internet. You might read something about it. The messages … (0 comments)

Who Needs Vermont? Ski Mount Piazza! - 01/30/11 05:41 PM
Okay, we totally need to set something like this up in the Phoenix area.  I know, I know, the snow will melt daily.  But I bet we could raise enough funds around town to bring snow down on a daily basis just so we could have fun like this.  I do miss the snowboarding from when I was younger and lived in New Mexico. 
Via Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate (Realtor / Owner - RE/MAX Access):
Who needs Vermont. Us Philadelphians can just ski Mount Piazza. Don't believe me? Take a peek of this live action video where … (0 comments)

Cookout and Snowmobile Ride-in taking place in South Acworth New Hampshire - 01/30/11 05:37 PM
I find quite a few blogs about the activities that are going on in the snow.  Living in Arizona, we don't get much of a chance to see snow.  (Unless we drive 2 hours north to Flagstaff!)  I bet doing things like this snowmobile ride would be fun from time to time.  I just don't know if I could give up blogging by the poolside!
Via Discover and Explore New Hampshire with Dale Baker (Baker Home Energy Audit & Commercial Properties Inspections ):
Cookout and Snowmobile Ride-in taking place in South Acworth New Hampshire, do you enjoy good cookout, snowmobile riding? Then you … (0 comments)

Don't Be Evil - 01/30/11 04:43 PM
Don't be evil was the "slogan" that Google had originally come up with when it was first starting to get big.  The phrase was originally suggested by employees, Paul Buchheit and Amit Patel.  Paul was the Google employee that came up with Gmail.  He thought that by making a motto like this, it would be hard to take it away from Google, once they put it out there. 
Now there are a lot of allegations that Google is actually "Evil".  It started when they launched Gmail.  At the very beginning, they allowed advertisers to target the audience that advertisers wanted to target.  … (5 comments)

Clemente Ranch Home for Sale - 01/29/11 01:18 PM
Clemente Ranch Home for Sale
Chandler AZ homes for sale
Clemente Ranch Estates for sale 
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Home for sale in Chandler, AZ - 01/29/11 01:15 PM
Home for sale in Chandler, AZ
Home for sale in Clemente Ranch
Home for sale in Chandler AZ
… (3 comments)

A must see in AZ! - 01/28/11 05:05 PM
A must see in AZ!

… (0 comments)

Blog, blog, blog, blog! Blog, blog, blog, blog, BLOG! - 01/28/11 04:57 PM
I have been asked several times "Why do you blog so much on ActiveRain?"  The answer is simple!  I like to make money off of my time on the internet!  I even teach a class about technology to Realtors® so that they can learn to generate leads off of Blogging, or using their IDX server, or using Facebook, Twitter and other Social Media sites.  Watch this short video about Blogging on ActiveRain and I think you'll understand why I Blog!
Use this link to sign up for ActiveRain and become a Rain Maker for $1 for the first month!  Nothing to … (6 comments)

2 story 4 bedroom home for sale in PHX - 01/28/11 12:08 PM
2 story 4 bedroom home for sale in PHX
Come see this 2 story 4 bedroom home for sale in PHX.
 
… (0 comments)

New Home Sales Reach 8-Month High - 01/28/11 09:01 AM
Sales of new homes rose sharply in December, posting a 17.5 percent gain from the month prior.
According to the Department of Housing and Urban Development, New Home Sales climbed to 329,000 in December, besting November by close to 50,000 units on a seasonally-adjusted annual basis.
Last month's reading is an 8-month high for New Home Sales, and the latest in a series of signals that housing is improving in Scottsdale and around the country.
Note that December's Existing Homes Sales and Building Permits reports also showed marked gains last month, climbing 12 percent and 6 percent, respectively.
Furthermore, an interesting pattern is … (4 comments)

The Home Price Index Shows Flat For November - 01/26/11 03:05 PM
Home values were reported unchanged in November 2010, on average, according to the Federal Home Finance Agency's Home Price Index. 
We say "on average" because the government's Home Price Index is a data composite for the country. The index doesn't measure citywide changes in places like Peoria , nor does it get granular down to the neighborhood level to measure places like Arrowhead.
Instead, the Home Price Index groups state data in 9 regions with each regions having as few as 4 states in it, and as many as 8.
Not surprisingly, each of the regions posted different price change figures … (3 comments)

A Simple Explanation Of The Federal Reserve Statement (January 26, 2011 Edition) - 01/26/11 03:02 PM
Today, the Federal Open Market Committee voted 10-to-0 to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent.
In its press release, the FOMC noted that since December's meeting, economic growth is ongoing, but at a pace deemed "insufficient" to make a material impact on the jobs market. In addition, the Fed said household spending "picked up" late last year, although it continues to be held back by joblessness, tight credit and lower housing wealth.
This is similar to the language used in the FOMC's November and December 2010 statements.
Also like its last two statements, the … (3 comments)

What’s Ahead For Mortgage Rates This Week : January 24, 2011 - 01/24/11 10:27 AM
Mortgage markets worsened last week in a holiday-shortened trading week.
As the body of U.S. economic data continues to show slow, steady improvement, Wall Street is becoming a net-seller of mortgage-backed bonds. As a result, conforming mortgages rates in California are rising.
This is why conforming and FHA mortgage rates rose last week in California. Existing home supplies plunged to a 2-year low in December, and unemployment claims dropped more than expected, giving hope for the U.S. economy in 2011.
This week, that trend may continue. There's a lot of news set for release.
The biggest story of the week is Federal … (3 comments)

Going to the taping of Man vs. Food tomorrow - 01/23/11 04:59 PM
Well I have been invited to a taping of Man vs. Food in Albuquerque NM tomorrow.   It is one of my favorite foods, so when I found out that I would be on the show, I was excited!  Now I'm no competitive eater, but because I'm such a fan of the show, I might just give the challenge a shot.  The taping is at a small but good restaraunt in Albuquerque, NM.  And the reason I was invited on the show is because my sister knows the owner of the restaurant.  She let them know that I'm a big fan of the … (7 comments)

4 bedroom 2 bath home with a fireplace - 01/21/11 10:55 AM
4 bedroom 2 bath home with a fireplace
… (0 comments)

Home for sale in Scottsdale Arizona - 01/21/11 10:53 AM
Home for sale in Scottsdale Arizona
… (0 comments)

Home Supplies Plummet, Putting Pressure On Prices To Rise - 01/21/11 09:05 AM
Existing Home Sales surged 12 percent last month, closing 2010′s housing market with strength. An "existing home" is a home that cannot be categorized as new construction; a resale.
According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It's the 3rd straight month of home resale improvement nationwide.
Sales volume is now as high as it's been since May 2010 - just after the federal home buyer tax credit's expiration.
In addition, the number of months needed to sell the complete, current home inventory at … (3 comments)

The best networking system on EARTH! You MUST read this now.... - 01/21/11 09:02 AM
Joey definately has always thought outside of the box.  This last idea that he had is genius, I must say.  I mean, how often do you get a new member of the family, and to be able to use that member to gain relationships is an awesome idea.  Thanks for sharing Joey!
Via Joey Fontenot (Amerifirst Financial Inc):
Would you like to know how it feels to be a rockstar? Ever wondered how celebrities feel? I found out yesterday! I have now developed the best networking system on earth! I went to an art festival and wine tasting event yesterday with my girlfriend, … (1 comments)

Big Changes at Google! What does that mean for ActiveRain? - 01/21/11 08:59 AM
 
Google So I'm sure you've all heard about the management changes at Google that was annouced last night!  In case you haven't, here's what was announced: Eric Schmidt will transition from CEO to executive chairman, Larry Page will take over as CEO, and Sergey Brin will work on strategy and product development.  So what does this mean for us Active Rainer's?  Not really anything.  I believe that there is a Strong desire for websites and search engines competing for business of advertisers!  See, right now I think that Google is competing with Facebook and Twitter for advertiser's business.  When Google was first started, Sergey Brin … (8 comments)

Building Permits Surge In December; Signals A Strong Spring Housing Market - 01/20/11 09:34 AM

Each month, in conjunction with the Department of Housing and Urban Development, the Census Bureau releases its New Residential Construction report. The report is comprised of several sections, one of which counts the number of homes that have "broken ground" in California and nationwide.
They're called "Housing Starts" and, by most measures, they faded quickly as 2010 came to a close.
According to the Census Bureau's report, Housing Starts of single-family homes fell to 417,000 units on a seasonally-adjusted, annual basis. The figure marks a 9 percent drop-off from November, and is the lowest reading since May 2009.
Not surprisingly, the … (3 comments)

Home Builders Slowed By Economy, But Seeing More Foot Traffic - 01/19/11 09:45 AM
Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders.
The monthly Housing Market Index registered 16 out of a possible 100. January's reading is three points higher than the 2010 low-point, set in September, and in-line with last year's average reading.
According to the NAHB, the market for newly-built, single family homes remains relatively weak "following a below-expectations finish in 2010″. Builders expect a better 2011.
The Housing Market Index dates to 1985. It's a composite of surveys which gauge the builders' perceptions of the new home-buying market.
There are 3 … (3 comments)

4 bedroom home for sale in Shamrock Estates - 01/18/11 12:13 PM
4 bedroom home for sale in Shamrock Estates
Come see this 4 bedroom home for sale in Shamrock Estates that is bank owned!  Foreclosures for sale in Shamrock Estates are few and far between.  Most properties are Short Sales or Bank Owned.  In fact, you can find Freddie Mac owns a 4 bedroom home for sale in Shamrock Estates which is located in Gilbert Arizona.  I was once looking for a 4 bedroom foreclosure or short sale in Shamrock Estates.  I ended up finding this 4 bedroom home for sale in Shamrock Estates.   
… (1 comments)

What’s Ahead For Mortgage Rates This Week : January 18, 2011 - 01/18/11 11:25 AM
Mortgage markets worsened last week on a turn-around in sentiment across the Eurozone. The sort of "safe haven" buying that had buoyed mortgage bonds since the New Year dissipated, and mortgage rates resumed climbing.
Last week marked the first week since the end of 2010 that mortgage rates have risen, breaking a 2-and-a-half-week rally.
Conforming and FHA mortgages in California increased in rate by roughly 1/8 percent.
Last week was data-sparse so mortgage markets took their cues from Europe - specifically Portugal and Spain. There have been lingering concerns that the two countries might default on their respective national debts. The … (3 comments)

Extra, Extra, Read all about it! - 01/18/11 07:44 AM
 
  
15th Day of January 2011
8:00 a.m. Eastern
  
Peoria Loan Officer Timothy George Awarded Internet Marketing Specialist Designation
Advanced Marketing Designation Recognizes Deep Understanding of Internet Marketing Strategies for Helping Customers Buy & Sell Homes
Peoria, AZ (January 15th, 2011) -Timothy George, a leading real estate professional with AmeriFirst Financial Inc., in Peoria, AZ has been awarded the Internet Marketing Specialist designation for his proficiency in using Internet marketing strategies to help his customers market their properties throughout the Web.
Timothy George is now completely trained in marketing real estate across the Internet, including on all the … (6 comments)

4 bedroom home for sale in Clemente Ranch - 01/17/11 08:14 PM
4 bedroom home for sale in Clemente Ranch
Come see this 4 bedroom home for sale in Clemente Ranch.  Anybody that knows Chandler knows that Clemente Ranch is a great part of Chandler for location.  Close to the 101 and I10, this 4 bedroom home for sale in Clemente Ranch is perfect for someone looking for a great deal at a great price.  And in the Foreclosure and Short Sale market, homes for sale in Clemente Ranch are mostly banks that are selling them.  This 4 bedroom home for sale in Clemente Ranch is not a short sale or Foreclosure.  Whick means … (3 comments)

I hit 100,000 points on Active Rain today! - 01/14/11 09:42 AM
I just wanted to send out a thanks to Ricky Khamis with Amerifirst Financial Inc because in August of 2009, I went to Ricky for some help with my internet activity.  He sat down with me an explained what a Blog was.  At the time, it sounded like something that my fiancé was yelling at me for finding at the bottom of the fridge!  Now, I have successfully learned the art of Blogging a property website to the front page of Google, I have learned to build blogs that bring customers to me, and I have learned how to even become more … (14 comments)

300,000 Active Rain Points! - 01/14/11 09:24 AM
Congratulations Leolinda!  I just hit 100,000 points and got very excited to see six figures.  Sure is a lot of work to see it on my paycheck these days, but it's fun seeing it on ActiveRain.  I look forward to watching you just move up and up and up!  And I hope that goes true for your business in 2011 as well.  Stop by and congratulate Leolinda on such a great accomplishment!
Via Sun City Grand Real Estate Surprise AZ Arizona Retirement Homes for Sale (Leolinda Bowers, Ken Meade Realty):
300,000 Active Rain Points!
I just realized that I reached 300,000 Active Rain … (2 comments)

Retail Sales Weak In December; Home Affordability Gets A Boost - 01/14/11 09:20 AM
Consumers keep spending, the economy keeps growing.
Mortgage rates are easing lower this morning on just-released, slightly worse-than-expected Retail Sales data from December 2010.
Excluding motor vehicles and auto parts, December's sales receipts were $1.5 billion higher from November. Analysts had expected a number north of $2 billion.
Despite falling short of estimates, however, December's reading is the highest in Retail Sales history, surpassing the previous record set in July 2008, set during the recession. In addition, December's strong numbers helped 2010′s year-over-year numbers go positive for the first time in 3 years.
Although the data is a mixed bag for Wall Street, … (0 comments)

When You Just Shop for Rate, You Almost Always Get What You Pay For - 01/13/11 10:27 PM
A colleague of mine named Kevin Kelly wrote a well thought out blog, so I just knew that I had to re-blog this.  Please go to his original post, read the info and suggest this one for a featured post.  It is so true.  Just ask any agent that has dealt with a Lending Tree lead.
Via Kevin Kelly (Amerifirst Financial Inc.):
The concept of "dialing for dollars" has been around for quite a long time.  A person looking to either secure financing for a home purchase or to refinance their existing mortgage, will call around and ask the same question first every … (2 comments)

Home for sale in Queen Creek - 01/13/11 09:25 AM
Home for sale in Queen Creek … (3 comments)

Home for sale in Arizona - 01/13/11 09:24 AM
Type in your SEO text here... … (0 comments)

Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low - 01/13/11 09:10 AM
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings nationwide dropped for the second straight month in December. After falling 21 percent in November, filings were down by an additional 2 percent in December.
"Foreclosure filing" is a catch-all term, comprising default notices, scheduled auctions, and bank repossessions.
Like most months, a small number of states dominated December's national foreclosure figures. 6 states accounted for more than 50 percent of all bank repossessions.
California : 17% of all repossessions Florida : 11% of all repossessions Arizona : 6% of all repossessions Michigan : 6% of all repossessions Texas : 6% of all … (3 comments)

Home for sale in Rancho El Dorado - 01/12/11 07:18 PM
Home for sale in Rancho El Dorado
Come by and see this Home for sale in Rancho El Dorado.  As everybody knows, Foreclosures homes for sale in Rancho El Dorado don't last very long.  This Home for sale in Rancho El Dorado has got an approved price from the bank and can close is 30 days.  All we need is a contract and a buyer for this Home for sale in Rancho El Dorado.  Short sales in Rancho El Dorado are common.  Foreclosures in Rancho El Dorado are common as well.  Most every home in Maricopa Arizona is either a foreclosure … (0 comments)

"I just short sold my house and I want to get pre-approved to buy another one" - 01/12/11 05:28 PM
I am mortgage lender and am asked quite frequently about short sales and how they impact your ability to buy a home after a short sale.  This information that Ron has written about is awesome infomation for Realtors® or consumers that want to short sale and then buy again.  Thanks for posting Ron.
Via Ron Kelleher - FHA, VA, Conventional, and Jumbo Home Loans in Arizona (Amerifirst Financial, Inc. - FHA, Conventional, Jumbo Loans):
How soon can I buy if I just short sold my house? You can actually buy 1 day after a short sale but that can be a bit of a … (3 comments)

Looky Loo - 01/12/11 02:48 PM
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Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages - 01/12/11 12:17 PM

For some homeowners, electing to take an adjustable rate mortgage over a fixed rate one can be matter of budgeting. ARMs tend to carry lower mortgage rates and, therefore, lower monthly mortgage payment as compared to a comparable fixed rate loan.
Relative to fixed rate mortgages, current ARM pricing is excellent. Freddie Mac's weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent.
On a $250,000 home loan, a 1.02 differential yields a payment savings of $149 per month.
ARMs are not for everyone, of course. Over time … (0 comments)

If you Blog it, they will call! - 01/11/11 06:59 PM
So today I got another email today from a customer that found my Blog about the USDA loans and the question went like this: 
Hello,I have found a home I would like to purchase in tonopah. It's a manufactured home that has a shared well and is missing a bit of flooring. Does the USDA program allow for this type of home to be financed?Thanks Christian
Well this Blog is for all of the guys in my office that tell me that my daily Blogging is a waste of time! Waste of time?  No way!  If I can spend one … (48 comments)

What kind of financing should I look for? - 01/11/11 04:33 PM
Today I was asked a question via email that I thought would be a good topic for an AR Blog post.  The question was:  "I have found a home I would like to purchase in tonopah. It's a manufactured home that has a shared well and is missing a bit of flooring. Does the USDA program allow for this type of home to be financed?" 
So here is the correct answer to anybody that may want to know the answer to this question:  USDA will only allow financing on a Manufactured Home if the borrower already owns the property and … (0 comments)

How To Renegotiate Your Credit Card Interest Rates To Something Lower - 01/11/11 10:14 AM

Visit msnbc.com for breaking news, world news, and news about the economy
Credit card debt, left unchecked, can pile up quickly. Especially for debtors making minimum payments.  
According to the Federal Reserve, a credit card balance of $5,000 at 23.99 percent APR won't pay off for 16,127 years. That's one reason why it's important to manage your credit card rates, and renegotiate them whenever possible.
In this 4-minute piece from NBC's The Today Show, you'll learn the tested tactics that can cut a credit card rate, and get monthly payments to a more manageable range. And it's do-it-yourself -- … (5 comments)

4 bedroom home for sale in Clemente Ranch - 01/10/11 08:56 PM
4 bedroom home for sale in Clemente Ranch
This is a must see 4 bedroom home for sale in Clemente Ranch.  This 4 bedroom home for sale in Clemente Ranch is not a Short Sale or foreclosure.  Short sales take months to close and because this is not a short sale, you can close quickly on this 4 bedroom home for sale in Clemente Ranch.  This 4 bedroom home for sale in Clemente Ranch is not a foreclosure in Clemente Ranch that you would have to worry about the roof falling in after you close.  Foreclosures in Clemente Ranch are harder to sell.  … (1 comments)

I got a Rain Check from Blogging: Now who's lauging! - 01/10/11 06:53 PM
Today is one of our Payroll days and I've gotten a Rain Check!  That's right, I used the power of Active Rain to blog about Real Estate and that led to a client contacting me about USDA financing.  I was able to talk to Chris about why USDA financing would be a better option than FHA in his specific scenario and today I've received my commission check for using Active Rain and becoming a Rain Maker! 
I've had people in my office tell me, "All of that Blogging you do seems like a waste of time!"  They say that I should … (14 comments)

What’s Ahead For Mortgage Rates This Week : January 10, 2011 - 01/10/11 10:51 AM
Mortgage markets gained last week as a combination of safe-haven buying and an improving economic outlook attracted new buyers. Demand for mortgage-backed bonds outweighed supply and conforming and FHA mortgage rates edged lower.
Last week marked the second straight week that mortgage rates fell in and around Arizona. Rates had risen over the previous 7 weeks.
According to Freddie Mac's weekly mortgage rate survey, the national average rate for a 30-year fixed rate mortgage is 4.77 percent with an accompanying 0.8 points required.
This week, with no new data due for release, look for last week's two biggest stories - jobs and … (3 comments)

Chip Kron educate2earn Founder and Loan Officer Coach - 01/09/11 01:11 PM
This is a great blog done by a colleague of mine named Ricky Khamis.  Ricky is a high producing loan officer in the Arizona & California area.  In the video, Chip explains how he has helped hundreds of loan officers, including myself, take thier business to the next level.  Thanks Ricky and Chip!  2011 will be a great year.
Via Ricky Khamis - NMLS # 173141 Arizona_Mortgage (Amerifirst Financial - Scottsdale Arizona Mortgage):
Chip Kron explains the benefits of marketing with our group educate2earn.  If you are a Loan Officer in ANY state looking to take your business to the next level and put … (1 comments)

Hello, I'm Tim - 01/09/11 12:30 PM
Hello, My name is Tim and I am a loan officer with Amerifirst Financial Inc. Come meet me and find out what Amerifirst is all about! I got into video marketing in 2010. Since I've been doing it, I've gotten all kinds of business that I don't think I would have otherwise gotten. The best way I can put it is: "A picture is worth a thousand words, and a video is worth a thousand pictures!" If you're not doing it, then you are missing out on all kinds of potential business!
… (3 comments)

May the families from the Tucson Shooting find justice! - 01/08/11 09:26 PM
I am sure that most of you have heard about the tragic shooting of Gabrielle Giffords and 17 others in Tucson that happened earlier today.  As of now, not a lot of information has been released.  What we do know is that she appears to be alive and the doctors are optomistic for her recovery!  In 2006, she was the youngest female elected into congress.  She was re-elected in 2008. From what we know so far, it apppears that a 22 year old man named Jared Lee Loughner ran up to the crowd in a Safeway parking lot just outside of … (1 comments)

Dear Facebook, I’m sorry but there’s someone else! - 01/07/11 08:48 PM
My marketing specialist did this wonderful blog and I just had to Re-blog it.  After I read it, it made me realize why she is such a great marketing rep and I am glad that she is on my team.  Great Blog Tara!  Very original.
Via AmeriFirst Financial, Inc.:
Dear Facebook,
I’ve been dreading bringing this up, wondering how to say it and let you down easy. I could say that it’s me, not you. It’s really not you! But I think I just need to put it out there: There’s someone else.

We’ve been through it, haven’t we? I know when … (4 comments)

December’s Job Report : Good For Home Affordability - 01/07/11 10:16 AM
On the first Friday of each month, the Bureau of Labor Statistics releases its Non-Farm Payrolls report.
More commonly called "the jobs report", the government's data include raw employment figures and the Unemployment Rate.
The jobs report hit the wires at 8:30 AM ET today. It's making big waves in the mortgage market and may help home affordability for buyers in Scottsdale this weekend, and would-be refinancers across California.
For this month, and for the rest of 2011, employment data will figure big in mortgage markets.
7 million jobs were lost in 2008 and 2009. Fewer than one million jobs were … (3 comments)

Loan Costs Increasing April 1, 2011 - 01/06/11 10:24 AM
Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs.
Loan-level pricing adjustments are mandatory closing costs. They're assigned by Fannie Mae and Freddie Mac, and based on a loan's specific risk to Wall Street investors.
First constructed in April 2009, loan-level pricing adjustment are a means to help Fannie Mae and Freddie Mac compensate for "riskier loans" by bolstering their respective balance sheets.
Since the initial roll-out, Fannie and Freddie have amended adjustments five times. The pending April adjustment will be the 6th revision in two years.
No class of conforming borrower is exempt from … (3 comments)

What in the HeckleMongers! - 01/05/11 09:44 PM
So I have a daughter that is almost 3.  And she's at that age now where we have to watch everything that we say because if we don't, then she'll repeat it.  So one day I caught myself about to say, "What in the h_ll".  So I quickly corrected myself and said instead, "what in the heck" but I didn't stop there!  See I don't want her to be rude or for her to say anything that someone might take as rude.  So I finished the sentence and it sounded like this:  "What in the hecklemongers".  It was just a word … (5 comments)

Understanding Preforeclosure Purchases in Arizona - 01/05/11 06:48 PM
Is it time to renew your CE Credits?  Here is a class that offers 3 hours of General RE in Arizona and the best part is:  It's for charity!
In this class, you will learn:
The process and terminology Understanding the distressed property owner How to find distressed properties Purhasing with no cash of your own Transacting with the distressed property owner Using the "Subject To" Contract Safe and simple closing Applying the model to today's market Common misconceptions & Oversights Continuing Education Credit hours offered by Arizona Academy of Real Estate 
8476 W Thunderbird Road #202, Peoria, AZ 85381
AZRE License #S05-0009  … (1 comments)

The Fed Minutes Keep Mortgage Rates On Hold (For Now) - 01/05/11 11:51 AM
The Federal Reserve released its December 14 meeting minutes Tuesday afternoon. There wasn't much there to disturb mortgage markets, thankfully.
The "Fed Minutes" is an official recap of the most recent meeting of the Federal Open Market Committee. It's published 8 times annually, 3 weeks after the FOMC adjourns.
The Fed Minutes is similar to the meeting minutes released after a corporate conference or condo association gathering in that they provide additional details about the conversation and debate that occurred between meeting attendees.
The Fed Minutes are a lengthy companion to the Federal Reserve's brief, more well-known, post-meeting press release. But, whereas the … (3 comments)

USDA Approved Home for sale in Goodyear AZ - 01/04/11 07:18 PM
USDA Approved Home for sale in Goodyear AZ and to be able to put $0 down, and still get a home!  Now that's what I would do with this USDA Approved Home for sale in Goodyear AZ.  If you're a Realtor® and looking to show a USDA Approved Home for sale in Goodyear AZ then bring your buyers by to see this USDA Approved Home for sale in Goodyear AZ.
… (3 comments)

Home for sale in Litchfield Park - 01/04/11 07:07 PM
Home for sale in Litchfield Park
Come by and see this Home for sale in Litchfield Park.  Bring out your clients to see this Foreclosure for sale in Litchfield Park. What a nice Foreclosure in Litchfield Park.   Near the right schools and parks, this Home for sale in Litchfield Park would be ideal for 1st Time Homebuyer's!  Or a small family that is just getting started.  Priced right and with Rates in the 4's, you just can't beat this Home for sale in Litchfield Park.
… (0 comments)

“This is BS, I’m going to use someone else?” - 01/04/11 06:23 PM
I just love the fact that Ron puts so much energy into his blogging efforts.  You gotta applaud a blog like this.  Very detailed and very true!  Thanks for the blog post Ron.
Via Ron Kelleher FHA and Jumbo Home Loans Arizona (Amerifirst Financial, Inc. - FHA, Conventional, Jumbo Loans):
"All I gave the lender who did my mortgage the last time was my social security number and I signed my docs the following week. Now you want my last 2 years tax returns, this is ridiculous! I'm not giving you one more piece of document. Can't your underwriter see I have an … (0 comments)

To Blog, or not to Blog? That is the question! - 01/04/11 05:38 PM
So I am sitting in the office today with one of my office mates who shall remain nameless and he is making fun of me for blogging.  He even mentioned that, "you could blog, or do loans".  I don't think that everybody has had a transaction from Blogging.  I have done Blogs about USDA rural loans, then sure enough, I get an application on my mortgage website.  I've had quite a few calls since I've started ActiveRain where I take a full loan application, then I ask the question:  Who do I have the pleasure of thanking for your referral today?  … (29 comments)

4beds/2.5bath home is move in ready - 01/04/11 12:22 PM
… (0 comments)

Pending Home Sales Rises To 6-Month High - 01/04/11 11:53 AM
The housing market continues to expand, and surprise.
According to the National Association of REALTORS®, November's Pending Home Sales Index gained 3 percent from October. A "pending home sale" is a home under contract but not yet closed. 
The index is now at its highest point since April 2010′s federal tax credit contract expiration deadline.
If the tax credit really did "borrow" sales from the summer months, as has been theorized, housing has rebuilt its foundation. 
We know this because, of all the housing data available to Scottsdale  homeowners and home buyers, the Pending Home Sales Index stands apart as a … (0 comments)

Football season is over:( - 01/03/11 09:44 PM
Okay, it has come to another end.  Sadly enough football season is over. But at least now it's time for the playoffs followed by the Super Bowl!  So now let's look at the playoff picture:AFC:1st Seed:  NE Patriots2nd Seed:  Pittsburgh SteelersJets #6 @ Colts #3Ravens #5 @ Cheifs #4NFC:1st Seed: Falcons2nd Seed:  BearsSaints #5 @ Seahawks #4Packers #6 @ Eagles #3
So here's what I predict will happen:
Jets vs. Colts  I think that the Jets have a great opportunity to win this match up.  There last several games have been tough for them, but they have two of the best corner backs in the … (7 comments)

What’s Ahead For Mortgage Rates This Week : January 3, 2011 - 01/03/11 09:32 AM
Mortgage markets improved last week during a snow- and holiday-thinned series of sessions on Wall Street. Mortgage bonds improved on year-end profit-taking, mostly, leading conforming mortgage rates in Arizona lower.
Last week marked the first calendar week in which mortgage rates dropped since early-November, a pleasing development for rate shoppers and home buyers. Falling rates means lower monthly mortgage payments.
But don't expect for rates to improve again this week, however. Last week's gains were the result of extremely low trading volume and a close-out of 2010 mortgage bond positions. With markets re-opened for 2011, and Wall Street back at full volume, … (3 comments)

Today's Blog Post is Brought to you by the Letter "R" - How to Say "REALTOR"! - 01/02/11 04:50 PM
Okay everybody!  We've got to get this blog featured for tomorrow.  If you take 2:59 of time to watch this, you too will be laughing.  Let's all re-blog and suggest this blog for a featured blog tomorrow.  Thanks fur the post Kim.  It gave me a smile today!
Via Kim Daugherty, McKinney REALTOR, TX Broker (d + b real estate):
I know I've been writing quite a bit about New Years resolutions lately. After yesterday's post, I thought I was over the subject matter. Until today.
Today I came across this video too funny NOT to share. This video touched on a pet peeve … (3 comments)

Thank you ActiveRain for the Google juice! - 01/02/11 12:49 PM
One of my very favorite features about ActiveRain is the Google Juice when you are a RainMaker with an Outside blog.  I wrote a blog that I am hoping will be found by someone out there that needs help with a short sale, and it shows up on Google's very first Organic search result!  And it wasn't like I didn't have any competition!  There were 477,000 others competing for this spot.  Thanks ActiveRain!  You gotta love the Google Juice!
 

… (7 comments)

Should we do a short sale on our home that we can't afford? - 01/02/11 12:31 PM
I was recently faced with this question from a potential client:  "Should we do a short sale on our home that we can't afford?"  This is a question that I am often times faced with.  The email came from a potential client and he went on to explain his scenario.  He owes about $400K on a home that is worth $320K.  He paid somewhere in the mid 5's for it.  So he put down quite a bit of money, but was still upside down.  Another part of his life that is sugnificant is that his income at work has been cut … (4 comments)

4 bedroom home near Chaparral High School - 01/01/11 06:20 PM
This is a really good example of how to use EpropertySites and ActiveRain to get your listing to the top of Google!  I've done a couple of blogs this week about how to advertise your listings on Google and how to use EpropertySites to get to the top of Google.  Sue did a great job of making this happen.  You can check her ranking on Google as well.  She did great!
Via Sue Lechman (Amerifirst Financial):
4 bedroom home near Chaparral High School
This 4 bedroom home near Chaparral High School was just dropped $69,000. The sellers of this 4 bedroom home near Chaparral … (2 comments)

Quick Fix: Cross Scripting Error in IE when using CL Poster - 01/01/11 06:16 PM
For all of my agent referral partners that are using EpropertySites to post to Craigslist, I thought that this short video that Tara made would be a help if you're using internet explorer.  I use Firefox when posting to Craigslist and have no scripting errors or any other issues.  Check out this quick video and go get us some leads!
Via AmeriFirst Financial, Inc.:
If you are using Windows Internet Explorer as your web browser you may have experienced a cross scripting error when trying to use the CL Poster on ePropertysites.com. Fortunately there's an easy fix. Watch this quick video to … (0 comments)

How to use EpropertySites to showcase your listing on the 1st page of Google ~ For Free! - 01/01/11 03:00 PM
One of the coolest things I saw when I was introduced to ActiveRain was the ability to get a blog post to the first page of Google.  So why is this important to real estate professionals?  Imagine being able to go into a listing appointment and show your client that their listing was the first one on Google and it's not a Pay Per Click! How much value would that bring to the appointment?
Step 1:
Log into your EpropertySites account then select the properties tab.  From there, click on the "tools" icon....

Step 2:
Scroll all the way down until you … (5 comments)

Under Water in Phoenix? Time is running out... - 01/01/11 02:00 PM
I've ready quite a few of Tony and Suzanne Marriotts' posts and really like how they are reaching out to people out there that might be struggling with a bad real estate situation and not quite sure what to do.  I think that they give really good advise and if you're a person that might want to consult with someone in the mortgage industry, feel free to give me call.  I have helped several client's this year that were in these "upside down" mortgage situations.  And out of all of them, 9 of them found that a short sale was in there best … (2 comments)

 
Timothy_george_910

Timothy George - Arizona Mortgage (602) 492-6847

Glendale, AZ

More about me…

Arizona Mortgage Rates - FHA Mortgage Loans in Arizona

Address: Fountain Hills Peoria Scottsdale Mesa Goodyear Surprise Glendale Lake Pleasant El Mirage , Phoenix Paradise Valley Chandler Arizona Mortgage, Chandler , AZ, 85225

Cell Phone: (602) 492-6847

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