Sunday, 5th September 2010.

Posted on Friday, 4th June 2010 by Anna Kulbinski

This is just about one listing I came across that made me wonder if home sellers as well as home buyers qualify their real estate agent. Below is verbatim (and, yes it was written in all caps) what was written in the public remarks- you know, that section that normally has a description of the property [...]

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Posted in Buyers, Sellers, Short Sales, Various | Comments (0)

Posted on Monday, 3rd May 2010 by Anna Kulbinski

Phoenix zip code 85016 covers a large and diverse area – taking in the Arizona Biltmore Golf Course and part of Phoenix Mountains Park. Therefore, it’s not surprising that the homes for sale today range from a lender-owned one-bedroom home at $25,000 all the way up to a five bedroom home at $4,995,000. This diversity [...]

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Posted in Market Report, Market Statistics, Phoenix Real Estate | Comments (0)

Posted on Thursday, 22nd April 2010 by Anna Kulbinski

Thomas “Ed” Michler, Loan Officer Arizona Wholesale Mortgage ed@valleyloans.net Cell:  (602) 680-9670 FHA has new guidelines that will affect homeowners who are short selling their home. Below is an explanation of how and whom these changes will affect. Actual language from the FHA Guidelines in red:        Borrowers are not eligible for a new FHA mortgage [...]

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Posted in Buyers, Mortgages, New FHA Guidelines, Sellers, Short Sales | Comments (0)

Posted on Friday, 12th March 2010 by Anna Kulbinski

Effective April 5, 2010, home sellers will be able to utilize the HAFA guidelines when short selling a home.

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Posted in Foreclosures, HAFA Guidelines, Sellers, Short Sales | Comments (0)

Posted on Sunday, 14th February 2010 by Anna Kulbinski

Thinking about short selling your house? Prior to listing it for sale, you should contact a real estate attorney and/or tax advisor to learn about consequences you may be facing when short selling your house. A great source of information for the Seller to review prior to to listing the property for sale is the [...]

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Posted in Sellers, Short Sales, Various | Comments (1)

Posted on Tuesday, 9th February 2010 by Anna Kulbinski

The federal government’s new guidelines for short sales will take effect April 5, 2010.  The new guidelines are part of the Home Affordable Foreclosure Alternative Program (“HAFA”). The program is for loans not owned or guaranteed by Fannie Mae or Freddie Mac.  Even though the program is voluntary for lenders, major banks are expected to [...]

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Posted in HAFA Guidelines, Sellers, Short Sales, Various | Comments (1)

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