This morning (Friday the 16th ) I turned on our local NBC TV station. The frequent "housing" section was on. The announcement was that home prices in the Valley of the Sun are down 40% from the peak period of the housing bubble. With that type of price reduction combined with the historically lo
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01/16/2009
A Short Sale is a sale of property at a listed price that is less than the existing financing debt on the property. Unlike a foreclosed property the Buyer is dealing with a Seller who still owns the property the market value of which is less than the financing debt on the property. The very first
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01/13/2009
When I say that phrase out loud, I can't help but hum to that old song "where have all the flowers gone". But really have'nt we all noticed that some of our friends and collegues just are'nt around lately or have just sort of disappeared off the real estate map. We constantly hear about the layof
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01/11/2009
In my on going effort as your Exclusive Buyer’s Representative in Fountain Hills and the Scottsdale area, I am continually researching information regarding Mortgage financing. Today my research revealed the following rate information from the National Association of Realtors; The National A
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01/10/2009
In today's marketplace our buyers need all the help they can get and as agents for buyers we need to be aware of some of the great financing programs that are available to potential buyers. What a great time this is to hone up our skills and market ourselves based on the knowledge that could turn
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01/08/2009
The dictionary says the word process means "A series of actions, changes, or functions bringing about a result". Thus the reason I refer to the "Short Sale" being a circus instead of a process. Here is how I see it at least in the deals we are working on in Fountain Hills, AZ. In the left ring we
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01/04/2009
Well here it is January 3, 2009. I am still messed up with the days of the week. I am not sure if this is an official work day or still part of the New Year holiday. My guess based on the number of people at the gym this morning it is probably the latter. This is my very first blog and I must say
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01/02/2009
