foreclosures: Options for troubled homeowners! - 10/03/09 02:03 PM
For a long time I did not want anything to do with listing short sales. It's too hard, we don't get paid enough, and it's too sad. Then several months ago I had a change of heart. This occurred after I kept seeing good people that didn't do anything wrong lose their home because they didn't know what to do.  And then their credit was ruined for seven years on top of losing their home. The part that really made me MAD was all the people that were trying to get money from these people that had none. I don't know how … (0 comments)

foreclosures: Tucson's Birthday & Your Way Home AZ - 08/18/09 02:39 PM
A new program started last month that I think is pretty exciting! It is called Your Way Home AZ. The gist of this program is that if you meet certain income guidelines and can be approved for a mortgage you could get 22% in purchase assistance from the Arizona Department of Housing when buying an eligible  foreclosed home. Basically the state will loan you 22% of the purchase price at zero percent interest, that you do not have to pay back if you live in the home for a certain amount of time. If that 22% is $15,000 or less that the … (4 comments)

foreclosures: Foreclosures and Short sales - 10/04/08 03:32 PM
In the current Tucson real estate market there are an abundance of short sales and foreclosures.  The most common reasons that homeowners are going into foreclosure is that they bought the home a few years ago, and then the market went up dramatically, so during that time they refinanced their home. Then the so-called bubble burst and prices started to drop. So, now the homeowner owes more for the home than it is worth, and some things happen were they can't pay the mortgage. A short sale is when the owner of a property sells it for less than they owe with … (0 comments)

Jennie L. James (RE/MAX DWELL)

Jennie L. James

Tucson, AZ

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Jennie James' Tucson Real Estate Blog including community information and global awareness.



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