35 Days Off From Blogging “Stop With The Excuses”

Posted by - October 23rd, 2011

Wow and I had been on such a roll since the first of the year when I first started blogging. Pretty much blogging three times a week, blogging ahead of time when I was out of town so as not to deviate from my blogging stride. I made the blogging vow to be there for my readers, rain or shine, sleet or snow, well maybe not the sleet or snow, it is Arizona you know. Then it happened, if your a blogger you probably know what I’m talking about.

Call it what you want, writers block, I just don’t know what to write about, I don’t feel like blogging today, I need to take a break, who’s reading my blog anyway that my blog will be missed, I’ve been too busy. . . and the excuses go on and on. Truth be known, its all of the above, in addition to being in a funk since my mom passed away a month ago.  I guess her passing gave me permission to disappear for awhile.

Well its 35 days now since my last post and as Jack Nicholson said in The Shining “I’m back”. Although I don’t mean it in a scary way, God I still see him with the ax hacking at that door. No “I’m back” because it’s time.  I have had my blogging sabbatical. My mom was a tough lady, I admired her strength and her follow through attitude, someone who always bounced back. I can hear telling me now “stop with the excuses”.


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Why Setting Up A Personal Customized Property Search Will Save You A Lot Of Time

Posted by - September 17th, 2011

Sure you can go and look at properties on Zillow, Trulia, Realtor.com and all the other public sites that are available to you, but are you getting accurate and up to date information? There are hundreds of listings you need to sort through and then after you have done that, how many of them fit your real estate criteria and how many of them are actually available. Trust me there is an easier way to get new Phoenix area listings delivered right to your computer doorstep as soon as they come on the market so you never miss a listing.

Click here to view the embedded video.


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Najlepsze kredyty hipoteczne

Posted by - September 16th, 2011

O kredycie hipotecznym MultiBank można mówić sporo, głównie mając już jakąś wiedzę o działaniu porównywalnych usług debetowych w ramach mBanku lub BRE Banku, z których pierwszy jest w zasadzie firmą bliźniaczą, natomiast drugi, organizacją przewodnią wobec nich obu.

W związku z tym można zauważyć jakieś proceduralne pokrewieństwa pomiędzy zobowiązaniami we wszystkich tych trzech bankach a najważniejszą z nich jest bez wątpienia bariera istnienia syntetycznych ofert, polegających na tym, że obcinając prowizję winduje się jednocześnie marżę.

Procedury w MultiBanku są maksymalnie zawężone, poza tym doradcy wspomagają wydajnie by przejść cały proces uzyskiwania kredytu. Kredyt w MultiBanku możesz zaciągnąć aż na czterdzieści lat.

Pożyczki mieszkaniowe – jak je brać?

Przede wszystkim wyszukujmy pośród ofert kredytów hipotecznych faworyzowanych przez inne osoby, jakie już brały pożyczki.

Ich komentarzy możemy szukać w portalach finansowych także chociażby w rozmowach z osobami znajomymi.

Szukając wypowiedzi o konkretnej ofercie w wielu miejscach, uzyskamy pełne przekonanie, że kredyt który zaciągamy będzie odpowiadał nam.
Nie ma przecież nic bardziej drażniącego niźli świadomość, że przepłacamy za nasz kredyt i co miesiąc opłacamy więcej niż inni.

Warto wiedzieć, że najlepszy kredyt całkiem nie jest łatwo wynaleźć. Niech nas dlatego nie rozczarowuje dziesiąty z kolei dzień szperania taniego kredytu hipotecznego.
Nieomal każdy z nas ma już za sobą krok brania pożyczki, stąd możemy się domyślić jak długie i trudne procedury czekaj nas, jeżeli bierzemy największy w całym życiu Kredyt.

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September 11th . . . What Was Before We Know No More

Posted by - September 10th, 2011

As I write this post we are two days away from the 10th anniversary of the horrible events that took place on September 11, 2001 in New York city. The upcoming anniversary is all over the news as it should be to remind us that my country, your country, the United States of America was viciously attacked by terrorists of the worst kind. No we will never, nor should we ever forget that fateful day when 2,995 souls were lost in the collapse of the World Trade Center Twin Towers, the Pentagon and in an open field in Pennsylvania.

I think its hard for any one to disagree that America as we knew it changed forever on that day. We lost something didn’t we. Shall we call it our innocence since we felt so violated. Yes I think innocence is part of what we lost. How dare those terrorists come across our borders and kill so many innocent people in the manner in which they did. This could take place in another part of the world, not in my country, not in your country, not in the United States of America.

Call me naive but when those commercial planes took down the Twin Towers, I had a hard time fathoming that this could happen in the United States of America. Surely my government, our military, would be there to protect us from such events ever taking place. I am no longer naive, I have lost my innocence.

Two words have now become part of our every day lives, do you recognize them “Breaking News”. For a very long time after President Kennedy was shot, whenever I saw those two words come across the television, my first thought would be the current president in office has been shot. That would have been a horrible thing, but it would not have affected my safety. Now when I see “Breaking News” in the bright red and yellow letters, I immediately think there has possibly been another horrible terrorist attack somewhere in the country.  I have lost my sense of feeling safe because if September 11th could happen once, something like it or something even worse could happen again.

The word terrorist and vigilant.. Yes, terrorists had done some awful things before 9/11, but they carried out their horrible deeds somewhere else, never in my country, your country, the United State of America. But I know different now, terrorists can live here, just as some of the 19 terrorists lived here and  flew those planes on 9/11. Perhaps they are a neighbor, or someone on the plane sitting next to me, or walking around in Times Square having just abandoned a car with a bomb in the trunk. I must now be vigilant, I really never had to be vigilant before 9/11

Homeland security and the TSA. I heard the other day that its possible we may be able to leave our shoes and belts on when we go through airport security in a few months. Is it possible that this is something I actually look forward to, when prior to 9/11 we never had to take off our shoes, or worry about the creams or liquids we had packed in our bags. Will the invasive pat downs of 90 year old women in diapers ever go away. I don’t think so.

Then there’s all the special events, the Super Bowl, New Years Eve in Time’s Square, the 10 year anniversary of 9/11, events where there are thousands of people all in one place, just like the Twin Towers. I always think about the possibility of another terrorist attack. I don’t want to, its almost become second nature to think that way now. You pray it will never happen, but you now know in my country, in your country, in the United States of America, that the possibility is very real.

Last, I think about the world that my grandchildren now live in. For my grandchildren the words “terrorism” and “terrorists” are very common. They are now being taught about the events of September 11th in their schools. Hard to believe its now history when it still seems like yesterday. Its sad that the world we now live in with terrorism and terrorists is now normal for them. I wish they knew the America that I grew up in with words like safe, secure, and yes lets not forget  peace and love. These were words we could count on in my country, in your country, in the United State of America.

 


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Finally Wall Street Investment Banks And Mortgage Lenders “May Be” Held Accountable

Posted by - September 9th, 2011

While good hard working people in this country have been losing their homes to foreclosure and short sales, we have been watching Wall Street’s investment banks, the very ones that were bailed out with taxpayer money, rake in billions of dollars in profits in the past couple of years. Same ole, same ole extravagant salaries and bonuses are the norm once again for the CEO’s and hedge fund managers. Well maybe, just maybe, and pardon the expression, but I do find it very appropriate and way past due “the shit’s about to hit the fan”.

As announced in the New York Times this afternoon “It’s Official, the Federal Housing Agency (FHFA) has unleashed a barrage of lawsuits against Wall Street investment banks and major mortgage lenders.”

The lawsuits are being filed against 17 financial institutions, the officers of the companies and unaffiliated lead underwriters. The alleged violations point to the breaking of securities laws that are related to the sale of private-label mortgage-backed securities to Fannie Mae and Freddie Mac. So here’s the list of defendants, I’d like to call them something else but it probably wouldn’t be appropriate. Recognize some of these names. .

  1. Ally Financial Inc. f/k/a GMAC, LLC
  2. Bank of America Corporation
  3. Barclays Bank PLC
  4. Citigroup, Inc.
  5. Countrywide Financial Corp.
  6. Credit Suisse Holdings (USA), Inc.
  7. Deutsche Bank AG
  8. First Horizon National Corp.
  9. General Electric. Co.
  10. Goldman Sachs & Co.
  11. HSBC North America Holdings, Inc.
  12. JPMorgan Chase & Co.
  13. Merrill Lynch & Co./First Franklin Financial Corp.
  14. Morgan Stanley
  15. Nomura Holding America, Inc.
  16. The Royal Bank of Scotland Group, PLC
  17. Societe Generale

To be honest, I’m not sure who the last three are, maybe that’s why they’re last. The majority of the others I have seen countless times when looking on the tax records to see who the lien holders are on a short sale or foreclosure listing. Many an agent has had to deal with these financial institutions on behalf of our clients who have painstakingly tried to save their homes from foreclosure or at least made an effort to sell their homes via the long and ridiculous short sale process. Sadly the odds have not been in their favor.

So maybe, just maybe, accountability may be out there. For these institutions to not to be held accountable and called out  for the role they played in the economic mess we now find ourselves in is not acceptable.  Oh I’m sure this will be a long drawn out process. Yes, it will probably end up in some kind of settlement that will not even come close to what taxpayers have had to spend to bail out these guys or keeping Fannie Mae and Freddie Mac afloat.

I want to say “whatever”, but that’s not good enough, I’m angry. This needs to be made right.  The details are yet to be released, but I promise you this is one I will be following very closely. At least this is a beginning.


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How Soon Can You Purchase Another Home After A Short Sale Or Foreclosure?

Posted by - September 8th, 2011

Most homeowners that have a prior short sale or a foreclosure often want to know how soon they can purchase another home. You have a good job now, your income is steady and you have been building up your credit. You want to take advantage of the low housing prices, low interest rates and no longer rent. Every time you ask someone you get a different answer or perhaps you figured it would be years before you could ever get a mortgage again. Not so. .  here are the current waiting periods for post foreclosures and short sales.

If you have had a short sale these are the waiting periods for the different types of loans:

Conventional Loan

  • 2 Years with a max of 80% LTV
  • 4 Years with a max of 90% LTV
  • 7 Years LTV for all LTV’s

FHA Loan

  • 3 Years from completion of Short Sale

VA Loan

  • 2 Years from completion of Short Sale

If you have had a foreclosure these are the waiting periods for the different types of loans:

Conventional Loan

  • 7 years from completion

FHA Loan

  • 3 years from completion

VA Loan

  • 2 years from completion

As with any loan, whether you have had a distressed sale in the past or not, lenders will have you go through their normal underwriting  process. These timelines that I am providing you are simply for you to know when you can once again make application for a mortgage. A lender’s underwriting process will determine whether you will be approved for a mortgage or not.


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“Houses Are Not Falling Out Of Trees” In The Phoenix Real Estate Market

Posted by - August 30th, 2011

So there are all these claims about low inventory in the Phoenix real estate market. Trust me its past the point of a claim, its a fact, and my Thompson’s Realty associate and colleague, Kristin Lavanway with the East Valley Team has put together this great video as to where we stand with inventory in the Phoenix area  as of the last week of August 2011.

Click here to view the embedded video.

If you are looking in Fountain Hills, be aware that our inventory is low here as well. I am also telling those home owners who have thought about selling and are not “underwater” on their homes that this could be a great time to put your home on the market.

If you would like to find out more about our Fountain Hills market or other areas in the Valley contact us and we’ll be happy to answer any questions you may have.

 

 

 

 

 


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Low Inventory, Multiple Offers . . New Construction Could Be An Alternative

Posted by - August 23rd, 2011

I’m currently working with a client that is trying to purchase a 3,500 plus square foot home with five bedrooms and a pool in the Northwest Valley. He’s a veteran with some bad knees so he has some special requirements, i.e. master bedroom and laundry room needs to be on the first floor. He’s also going to be doing a VA loan.

The problem we keep running into due to the  low housing inventory is that when a property does hit the market we are confronted with a multiple offer situation. Also lenders of distressed properties are not too keen on VA loans for a couple of reasons. First being that VA loans appraisers are extremely conservative with their appraisals and if the VA appraiser comments “that there’s some work that needs to be done to the house” the seller has to get someone to fix it or fix it themselves. It also has to be fixed before the loan can be closed. Well we all know by now that distressed properties are pretty much sold “as is”  and that distressed homes are the majority of homes in the resale market.

Because frustration was clearly setting in for my buyer we decided maybe we should check out some of the greater Phoenix area new home developments. He doesn’t have a specific time frame that he needs to close on a property so a new build could work for him. What I found out is that there are still many new home builders that are “still building” contrary to everything we read in the papers. Also new home developers do not put their homes into the MLS unless they have a spec home they would like to sell. However after considerable time and  research I was able to  identify home developments that could build a home that would fit my buyer’s criteria and I was pleased to find that we had several options.

What I was able to conclude based on my research is that new construction can be a great alternative if you can not find a home in the resale home market. There are some great incentives that are being offered by these developers, i.e. anywhere between ,000 to ,000 in options/upgrades, up to 3% of closing costs paid if you use their preferred lenders, a couple of them were including 2″ faux wood blinds throughout the home etc. Also appealing are the home warranties that come with building a new home and some great “green” features. Oh did I mention “no multiple offers” and a brand spankin new home.

In another post I will give my strong opinion about the new home developers that don’t have models of their floor plans. This is a definite negative. Yes you can go into one of their other models and see the standard options vs. the upgrade options but not being able to see the actual home you will be buying is really problematic.

I still would not let that stop you from going and checking out some new home developments. I would advise you to take your Realtor® with you on your first visit so that you can make it known that you are working with a Realtor® and that you have someone representing you.  You should avoid that “dual agency” situation where the builder is representing themselves and you at the same time. Having a professional on “your” side is always a good thing.

If you need someone to assist you in identifying new home developments that could be right for you contact me, I work many areas of the Valley and I will be happy to work with you.


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Ogłoszenia finansowe

Posted by - August 22nd, 2011

Zdobycie środków finansowych w banku staje się kwestią coraz łatwiejszą, ale jeszcze dużo polaków nie może sobie na nie pozwolić.

Ludziom z nieczystą płatniczą przeszłością, zwłaszcza wprowadzonym do wykazu dłużników Biura Informacji Kredytowej, pozostają jedynie zadłużenia pozabankowe. Można je uzyskać w coraz prężniej rozwijających się instytucjach finansowych czy od prywatnych inwestorów. Taka postać zobowiązania wiąże się jednak z reguły bardzo znacznym oprocentowaniem.

Dodaj bezpłatne ogłoszenie finansowe

Ciekawą opcją są zadłużenia prywatne. Polegają one na poszukaniu zainteresowanego inwestora, który po spożądzeniu stosownej umowy użycza pożyczkobiorcy kapitał. Można pertraktować warunki z osoba prywatną i być może wierzytelność okaże się tańsza aniżeli w przypadku firmy pozabankowej. W Sieci można odnaleźć zarówno ogłoszenia poszukujących prywatnych kredytów jak też osób jakie chcą użyczyć takich kredytów.

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Fountain Hills-Verdes “Volunteer” Sheriff’s Posse Needs Our Help

Posted by - August 21st, 2011

Fountain Hills Sheriff's Posse Needs Our HelpThe Fountain Hills-Verdes Sheriff’s Posse is a group of volunteers in the community. The have served the area communities for over 30 yrs. They are the eyes and ears for the Sherriff’s deputies helping at all hours, day and night. The members donate their time in patrols, deputy assistance, traffic control, prisoner transport and many other activities. They view their jobs as helping families feel safe, ensuring that Fountain Hills and our neighbors in the Verdes communities remains a great place to live and work.

The Fountain Hills-Verdes Sheriff’s Posse receives NO funding from the Town of Fountain Hills, the Sheriffs’s Office or Maricopa County.

All of their uniforms and equipment are purchased by each individual.  Everything that they do to keep the posse running comes from donations or special events. Donations are used to maintain their vehicles, property and equipment

Donations also support the Vacation Watch Program. Posse members walk the home exterior and property looking for any signs of possible problems. Residents of Fountain Hills and Verdes can request a Vacation Watch of their homes by The Maricopa County Sheriff’s Office – Fountain Hills office at 480-837-8800 or stopping by the MCSO office int the Fountain Hills Town Center and completing a vacation watch request card.

The Fountain Hills-Verdes Sheriff’s Posse needs our assistance.

They need your assistance so they can continue to answer increasing calls for assistance in our community. Donations to the Fountain Hills-Verdes Sheriff’s Posse, a 501-C-3 Corporation may be tax deductible.  Donations can be sent to:

Fountain Hills-Verdes Sheriff”s Posse
POB 17114
Fountain Hills, AZ 85269-7114


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