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Arizona Foreclosure Activity Increased in October

Posted on 12 Nov, 2011 by admin

It always seems as if it’s a good news bad news scenario. In this case, the bad news is the number of foreclosures in the valley INCREASED by 18% from September, but the good news is the number of foreclosures are down from October 2010. Lenders are still jockeying to figure out the correct balance of short sales to approve and the number of properties taken to foreclosure sale.

Eye Openers – Seeing is Believing

Posted on 28 Oct, 2011 by admin

When you think that it could never happen to you or any one you know, the denial of most situations clouds your vision. Let’s fight through the denial fog and show you what is really happening in the valley in regards to daily foreclosures. Take a look at this video for a visual representation of all of the foreclosures in the valley for the month of August. It is

Government Announces New Refinancing Program

Posted on 25 Oct, 2011 by admin

Arizona Homeowners – There is a new plan being announced by the federal government in order to give you another option when it comes to the refinancing of your home. The difficulty in this new plan is whether or not you can qualify for this new deal. The old plan had it’s good and bad aspects. The GOOD: The federal Home Affordable Refinancing Program has allowed certain loans

Arizona Homeowners – Your Lender AND Your State are Now Offering you Money

Posted on 22 Sep, 2011 by admin

If the media hasn’t grabbed your attention lately to short sale your home, how about another instance to lure you to take action? The Arizona Department of Housing is offering homeowners $4,500 and to pay their 3 percent closing costs if they work with their lender to complete a short sale on their property. This is a very valiant effort by the state’s housing administration to continue to

Phoenix Foreclosed Homes Become the Center of Attention – Reality TV is Coming!

Posted on 16 Sep, 2011 by admin

Just when you thought you knew everything about foreclosures and the investors that scoop them up from the media, now you’re going to get a complete glimpse of how they do it. Reality TV is coming to the courthouse steps of Maricopa County. It’s obvious that the “dream scenario” for a reality television show is to show the absolute cut throat side of this bidding war that happens

Consumer Confidence or Consumer Panic – Revolving Door is Open

Posted on 26 Aug, 2011 by admin

Consumers and lenders are meshing well together when it comes to credit cards. Why? Reasoning could be that there is a heightened level of confidence with spending, or because of a heightened level of panic due to the inability to pay bills or pay for items with disposable income because of the issues in the housing crunch. Articles across the internet are boasting the level of incentives the

More Statistics Supporting Investment Properties

Posted on 5 Aug, 2011 by admin

More statistics are popping up supporting the idea that now is the right time to invest in properties. Since home ownership is down, and rental rates are up, it’s time to take advantage of the rental pool. According to this ABC15 interview and article, property values have dropped a STAGGERING 56% since 2008. That’s correct, 56%. All the home owners that at one time should only had been