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 ...

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 ...

Are you IN or ON the market with your home for sale????   Wondering why you have a lack of activity or activity with no offers????  In the market we are in, the pricing of your home is crucial.  If you are not priced right ( and that by the way is determined by potential Buyers and not you), Buyers will not look at ...

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 ...

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 continuing education and be accountable to regulators.  This bill has come up ...