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Archive | July, 2010

Strategic Foreclosure…A Good “Strategy”? Or Not?

Homeowners have found themselves in foreclosure for a number of reasons. Some lost their jobs–the national unemployment rate remains in the double digits–and had no way to make mortgage payments. Here in Arizona we have one of the highest rates of unemployment anywhere. Some people simply purchased properties they could never really afford. Some got […]

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HAFA? What The Heck Is THAT and Why Should You CARE!??

Well…let’s start by defining what HAFA means. It stands for Home Affordable Foreclosure Alternative Programs. It is basically divided into four separate programs. 1. Home Affordable Refinancing Option (I am not addressing this option in this post as most folks in our market exceed this requirement… “The amount you owe on your first lien mortgage […]

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No One Wants to Talk About It…But It Is A Real Threat!

I went to a class yesterday entitled “What Realtors Need To Know About Terrorism”. I left with a better understanding of how we as “regular folks” in the community can help law enforcement fight terrorist…both “homegrown” and abroad. Arizona is on the cutting edge of the fight. Below is the Mission Statement and Vision Statement […]

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