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News From CoreLogic Released 09/13/2011

CoreLogic is widely recognized as a leader in providing financial and property information to consumers. They are highly regarded and often quoted as being a source for accurate industry data. Yesterday, they revealed a report stating that 22.5% of all residential mortgages are UPSIDE DOWN. Well, that sounds scary enough…but looking at the Arizona  market [...]

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Is The Market Is Recovering…It’s Hard To Tell

I know you hear every day on the news that our market is recovering…right? I also know you hear every day on the news that our market is declining…right? What to believe? Who knows! I can tell you the numbers. Like we can look at the Notices of Default (NOD’s) for the month of April and discover they were [...]

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How IS The Phoenix Real Estate Market?

I get the question almost every day. How’s the market. There are a lot of different ways to decipher the data…but I have always looked to the Cromford report to help get to the meat of the information. First a term you need to know. Notice of Default (NOD). In the simplest of terms…this is the legal [...]

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Arizona Foreclosure Process…One Family’s Story

It’s a sad reality…but one that many families in Arizona are facing. Foreclosure. It’s scary. It comes with a great degree of uncertainty. And…to further complicate the issue…the experience can vary from person to person and bank to bank. I can only tell you what I have personally observed. I will call my “fictional” family [...]

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Homebuyers Tax Credit Could Have Future Ramifications

DId you take advantage of the tax credit for homebuyers? I recently received a call from a clients who purchased her home utilizing the government Home Buyer Tax Credit. She received $8000. Now she has found the man of her dreams..  and she is getting married. He lives in Denver. He has a GREAT job…and [...]

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Thinking About Buying A Condo? Make Sure You Know About The HOA

Home Owners Associations. The very words strike fear in many folks. And often with good reason in this economic environment. What’s the big deal you ask? Well more and more we are seeing issues with HOA’s. These issues vary from lending hurdles to serious financial shortfalls within the association. Here are a couple of examples [...]

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Will The Housing Market Double Dip?

There is wide speculation that the housing market still has another “bubble” that has not yet burst. I can argue both sides of this as I do not think ANYONE really knows what will happen. But we can possibly predict when things will begin to happen to some degree. What do I mean by that? [...]

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Fannie Mae Wants You To “Know Your Options”

Many folks are facing financial difficulties be they they short or long term. If that is YOU…you should start exploring your options TODAY! Even if you haven’t yet missed a mortgage payment, but are worried you might fall behind soon, now’s the time to start t learning about your options. You may be eligible to [...]

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Data last updated 5/18/12 9:16 PM PDT.

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