Welcome 2012! The 2011 year-end numbers for the Arizona Multiple Listing System (MLS) reflect a much improved real estate market! The Arizona MLS covers the greater Phoenix metro area which includes all of Maricopa County and portions of Pinal County. A check of the Arizona MLS numbers this morning entering 2012 — there is a [...]
How long do I need to Wait to buy Real Estate Again?
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I lost my home, what is the waiting period to buy Real Estate Again? This is a question that we are asked continually these days! In tough economic times, many families are being forced into the short sale, foreclosure, and the bankruptcy route. Families can rent a home, recover their credit and buy again. All it [...]
Help, I am Underwater – but I want to KEEP my home!
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Underwater and Can’t Swim? Here in Arizona, it is reported that that 55% of mortgages are underwater in the greater Phoenix metro area which is the third-highest in the nation with!!! Not good news for those of us who call Arizona home. However, there is light at the end of the tunnel. Overall, bankers in [...]
Residential Real Estate Investors – Invest Wisely
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Investing in residential real estate has historically been a good investment. Now that many markets are distressed and property values have declined significantly, it is definitely a great time to invest in real estate. The real estate market ‘ripe for the picking’ has attracted a new type of investor. These investors are not typically individuals [...]
Arizona Distressed Property Documents
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Arizona Distressed Property Documents With the downturn of the real estate market and the volume of Short Sale and Foreclosure transactions, the Arizona Department of Real Estate has drafted residential real estate documents to standardize and guide the real estate community through the distessed property transactions. The Arizona Department of Real Estate produced a groundbreaking [...]
Arizona Real Estate Documents
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Arizona Real Estate Documents Arizona is one of the states that is an ‘escrow state’ – you do not have to use an attorney to buy or sell residential real estate in Arizona. Important documents and funds are held “in escrow” by the assigned escrow agent until the time of the closing. All of the [...]
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