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The Innocent Victims of Foreclosure
09 September 08 02:11 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
Dogs, cats are being left behind by owners to fend for themselves in a vacant home or yard, in a neighborhood or on the street if the house which was their home has been foreclosed or the owners evicted. Unfortunately, some owners have believed that someone Read More...
Finally, Finally, Finally!!! Bill Signed to License Mortgage Loan Workers!!!!
13 July 08 07:26 AM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 1 Comments   
It's great to see that finally the lawmakers in Arizona decided that 10,000 loan originators and front line employees of mortgage companies, brokers and lenders should be subject to screening, processing, licensing and accountability. The law will Read More...
Predatory Lending Has It Hurt You?!
15 May 08 01:36 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
What is "predatory" lending? Predatory lending involves unfair and deceptive lending practices which have specifically targeted borrowers who could not qualify for conventional financing such as seniors with equity in their homes, minority consumers Read More...
How Much of a Home Can You Afford?
12 May 08 12:59 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
Prior to the "market frenzy," there were some established "guidelines" which helped potential buyers determine how much of a home they could afford. Because of the current problems which have evolved due to changes in the "basics" Read More...
Why Doesn't Arizona License Loan Officers?
27 March 08 12:40 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
With the mortgage debacle which has gone on over recent months, there is an attempt again being make by legislators to license mortgage originators and loan officers in Arizona. The current bill would require mortgage originators to take a test, take Read More...
Don't Be Afraid To Sell Or Buy
16 March 08 03:27 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
<a href=" http://technorati.com/claim/28gr4yd2um " rel="me">Technorati Profile</a> If you are a Buyer, there is a large inventory of homes at very realistic prices. If you are a Seller, homes are still selling as long as Read More...
PAYING THE PRICE BECAUSE YOUR NEIGHBOR CAN'T PAY THEIR MORTGAGE
15 March 08 02:45 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
This week, I did some BPO's (Broker Price Opinion) for some lenders. They hire Brokers such as myself to go to a property ,which the lender owns or will probably soon own,to provide them with an independent third party opinion of the value of the Read More...
Best Buys In Real Estate Right Now
04 March 08 03:02 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
There is always an upside as well as downside in any market. If you are a first time homebuyer or investor, there are good buys, if you would like to spend $200,000 or less. It was not long ago, that it was difficult to find any home in that price range. Read More...
What Does The "Declining Market" Label Mean To Your Mortgage?
28 February 08 10:40 AM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
As prices are coming down from the boom period, one result has been for Lenders to label Phoenix Metro as a declining real estate market. What does that mean to you? One challenge is that Lenders are now funding less of a loan because they are worried Read More...
Should Sellers Rent Their Homes Until the Market Picks Up?
25 February 08 01:41 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
As Days on Market for selling a home increases, should a seller consider the option of renting out the home and wait to try to sell it later? There are Pros and Cons: First the Pros For Renting: 1. Cash Flow - rent can provide assistance in paying the Read More...
Good News For Spring 2008?
23 February 08 03:24 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
There was an encouraging sign last week as there was a 12% jump in mortgage applications. Perhaps, buyers have decided to start taking advantage of the "Buyer's" Market - lots of inventory, good prices and low mortgage rates. Why wait? Nowis Read More...
Days On Market For Selling Your Home
22 February 08 09:06 AM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
Based on the latest statistics of 2008, if you are selling your home you should plan in the Scottsdale, North Scottsdale areas for an average of 200 days on market. One reason for this is the increasing number of homes for sale inventory as versus the Read More...
Great Time To Buy A House!!!
20 February 08 10:14 AM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
Our market has been undergoing a correction from the inflated prices of 2005. We have seen prices drop, mortgage rates have remained low and there is significant inventory of homes on the market. if you are in the market for a home. what are you waiting Read More...
Are HomeOwners In Denial
16 February 08 02:09 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
Zillow.com has just released the results of a survey which either indicates that homeowners do not follow the news or are in denial. According to their survey, 77% of homeowners around the country believe the value of their home has increased or remained Read More...
Home Prices Hold Steady, But Sales Tumble
14 February 08 06:19 PM | Jean Strong Broker,GRI, e-Pro, Nfsti Certified REO | 0 Comments   
This was the header in the Scottsdale Republic on Feb. 13th. What does it mean? To me it means that Buyers have a perception that prices are still "high" and Sellers are ":sticking to their guns" by keeping their prices up. Sounds Read More...
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