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Homeowners Avoid Foreclosure with Loan Modification Plan Sources: Gov’t prepares loan modification plan WASHINGTON – The government is preparing to unveil a plan that would help around 3 million homeowners avoid foreclosure, sources briefed on the matter said. A final deal had not been reached as of Wednesday afternoon and negotiations could still fall apart, but government agencies [...] Feds Slash Interest Rates. WASHINGTON – Just how far will the Federal Reserve go in lowering interest rates to save the country from a long and painful recession? Ratcheting its key rate from the current 1 percent all the way down to zero can’t be ruled out. But there are risks in taking such an unprecedented step: [...] 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 [...] Celebrity foreclosures show extent of housing woes LOS ANGELES – Tabloid magazines like to reassure us that celebrities are just like us – they go grocery shopping, take their dogs for a stroll around the neighborhood, even pump their own gas. These days, that can also hold true when it comes to the plummeting real estate market. [...] 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 [...] Phoenix AZ Area Million Dollar Home Sales Scottsdale home sells for $5.7M A Scottsdale land developer, a founder and CEO of an information technology group and two local Realtors, are among the buyers and sellers in this week’s done deals. $5,791,500. Richard and Kimberly Cabral bought a new 10,645 square-foot home with five bedrooms, seven bathrooms plus two powder [...] Fed Curb Shady Home-lending Practices WASHINGTON – The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs. Fed Chairman Ben Bernanke spoke of the much-awaited rules in a broader speech Tuesday about the challenges [...] Home Seller Adds Offer of Marriage After a year of trying to sell her four-bedroom home and eight years of singledom, Deven Trabosh [...] Is Your Phoenix New Home Really Green or Is It Efficient Different shades of green Over the past six months, large-scale home builders have incorporated claims of environmental friendliness into their marketing efforts like never before. Some of those claims are even backed by real improvements in design, construction and materials. Still, home designers and builders who were green [...] |
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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