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Filings slide up 15 percent from Q4 2010, drop 17 percent from a year ago State’s foreclosure rate second highest in the nation Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 46,047 Arizona properties during the first quarter of 2011, up 15 percent from the fourth quarter of 2010 but 17 [...] Fannie Mae and Freddie Mac will have lower limits on the size of loans they can buy. WASHINGTON – People looking to buy more expensive homes next year will have fewer options to find financing because Fannie Mae and Freddie Mac will have lower limits on the size of loans they can buy. The changes, effective Jan. [...] The Ever-Changing Mortgage Loan Requirements NEW YORK (CNNMoney.com) — Are you ready to buy a house in this crazy market? Better bring a boatload of money to the closing.In a brutal real estate market where all the players want to hedge against the tremendous risks, down payment requirements and up-front fees have soared, shutting many [...] Senate Passes Foreclosure Rescue WASHINGTON – A mortgage rescue to help hundreds of thousands of struggling homeowners avoid foreclosure and get more affordable, safer loans passed the Senate overwhelmingly Friday, but it faces a bumpy road amid continuing turmoil in the housing market. The 63-5 vote reflected a keen interest by Democrats and Republicans to send election-year [...] Down-payment aid debated Arizonans treading in the housing market’s choppy waters have found an unusual lifeline – a group of non-profit organizations that siphon down payments from home sellers to buyers. Use of the decade-old practice known as down-payment assistance has dramatically increased since the demise of subprime lending because it [...] Hope grows for a half-point cut from Federal ReserveRecent comments by Fed Chairman Ben Bernanke and vice chair Donald Kohn indicate a rate cut is likely on Dec. 11. The only question is how big? A quarter of a point cut or a half of a point cut? That is the big question for investors [...] How To Get A Home Loan in Metro Phoenix Area What are the Steps in the Phoenix AZ Loan Process?When you apply for a mortgage in the metro Phoenix area, you will need to furnish information regarding your income, expenses and obligations. It will be very helpful and a time-saver, if you have the following items [...] |
Samone Bollerud-Beitler I welcome the opportunity to provide you with a level of service and commitment that is truly above and beyond the rest, setting a new standard of results in the real estate industry. I am committed to providing value for you before, during and after the transaction so that your needs are always addressed and satisfied. Specializing in Phoenix Short Sale homes for sellers and buyer. |
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