ARIZONA CYBER REAL ESTATE - SCOTTSDALE/ PHOENIX

To further provide better service to all my long time clients as well as new clients, I have just been certified as an REO Specialist.  What is an REO Specialist?  REO stands for Real Estate Owned properties - owned by lending insititutions.  My certifcation means that I have been trained and tested to understand how the REO system ...

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 from the Lender or Real Estate company will quickly come to a home and rescue ...

The media bombard us daily with the numbers of homes which are in mortgage difficulties.  Perhaps, you have wondered if you should get involved in purchasing such a property.  The first thing you should realize is that the answer to that question depends on your patience and how much money you have to invest. Typically, there are 4 ...

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 not go into effect until January 1, 2010, but now all involved are put on notice and will ...

North Scottsdale has parks for family and individual recreation. It is a pleasure to live in a community which has been willing to spend the time and effort to preserve some land for resident enjoyment.  Personally, I use the facilities at the Scottsdale McDowell Mountain Ranch Park and Aquatic Center.  For a minimal fee for ...

I just listed a home and property which caused me to stop and think.  The home built in 2003 is a territorial "Western" ranch home on an acre plus in a Maricopa "county island." ( That means it belongs to the "county" and not Scottsdale, Phoenix, Cave Creek,etc.") It has rustic tranquility but is close to ...

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 and low income families or individuals lacking a good credit ...

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" about lending, many of the lenders have returned to previous lending ...

What are you waiting for?  If you are a Buyer in the current market, there are amazing buys to be found!  Everyone I know in the business wishes that they had "tons of cash" to spend.  We see the bargains everyday.  There are a plentiful choice of homes and mortgage rates are still very low.  We have gone ...

Beware of stretching the "truth" when purchasing a home.  Not long ago if a buyer "stretched" the truth with a mortgage lender about income or assets, particularly if a "stated income" loan, as long as the mortgage payment was made - no problem.  In the current market where homes are going up for ...