Spirit Messingham's (tucsonspirit) Blog

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Real Estate Agent - Tierra Antigua Realty - SA624527000
Just sold hisoric property in desirable, historic Central subdivision of Colonia Solana in Tucson, AZ.   Thinking about buying or selling real estate?  Give Spirit a call at 520 471-6900Move-in-ready registered Historic property in prestigious Historic Colonia Solana, ambience of country life in ...
Mortgage bond prices finished the week slightly lower which pushed rates slightly higher. Rates swung back and forth throughout the week. Positive stocks Tuesday morning put some upward pressure on rates. That was quickly reversed mid-week as a stock selloff ignited. We ended the week with some s...
Seller concession are usually either a percentage of the sales price or a flat dollar amount. These dollars can be used to pay a buyer’s closing costs (the cost for the buyer to obtain finacing) and pre-paid items up to the maximum limit allowed by the loan program. They cannot be used to pay any...
Recently, the National Association of Realtors posted a quiz on their website titled “Home Buyer Types” – it’s only five questions, so how hard could it be? Before we start, let’s lay down some ground rules: use a No. 2 pencil, don’t ask your neighbor for help.  1. What is the median age of first...
Mortgage bond prices finished the week higher which helped rates improve. Prices started in neutral territory and gradually increased amid continued global economic uncertainty and continued declines in oil prices. The Fed Beige Book showed moderate economic growth and did not move the financial ...
Minimum down payment for one unit investment properties is 20% although loan pricing is better with 25% down payment. 2-4 unit investment properties require a minimum 25% down payment and loan rates are slightly higher for 2-4 units than one unit even with 25% down. Maximum seller contribution to...
You couldn’t turn on the television or fire up the Internet last week without being inundated with headlines like “China Shares Gyrate Wildly” and “Dow, Nasdaq Close Down Triple Digits in Correction on China Worries”. If you read the article, the tone was very dire as if the Apocalypse were expec...
Mortgage bond prices finished the week higher which helped rates improve. MBS trading started on a positive note amid significant stock weakness tied to global events. Chinese manufacturing data showed weakness and the equity selling contagion spread across most of the globe. U.S. stocks were neg...
Multiple units from across the country will be visiting Davis-Monthan through the month of January. 14 F-15Es from the 334th Fighter Squadron at Seymour Johnson Air Force Base, NC, arrived here January 5 and will train here until January 15. 2 U-28s from the 319th Special Operations Squadron at H...
You may have heard or seen new stories about The Pines neighborhood in Marana, AZ. There have been some soil compaction issues that have caused settling and cracks in 8 homes. The Town of Marana is actively working to resolve these issues and will be coming to TAR to our Government Affairs Commit...

Spirit Messingham

Third Generation Full-Time Realtor® 520 471-6900
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