by kramoltz@hotmail.com | Feb 28, 2015 | Global Buyers + Foreign Investment
Sales of homes to foreign buyers have been strong in the south and southwest for years. The National Association of Realtors®’ 2012 Profile of International Home Buying Activity showed that those sales equaled $82.4 billion for the past year ending March 2012,...
by kramoltz@hotmail.com | Feb 28, 2015 | Home Buying, Mortgages + Lending
Did you know the government will give you the money to renovate a FHA home? One of the most overlooked FHA programs, the 203(k) loan, can help if buying a home that needs work using a FHA loan. 203(k) loans are the Department of Housing and Urban Development’s...
by kramoltz@hotmail.com | Feb 28, 2015 | Foreclosures + Short Sales
Are you thinking you need a short sale? If you are selling a home in Arizona, chances are good you are, as about a quarter of our sales are being done that way. A short sale is necessary when sale of the property will not generate enough proceeds to pay off the loan....
by kramoltz@hotmail.com | Feb 28, 2015 | Mortgages + Lending, Real Estate Facts & Figures
First, the good news. Rates on 30 year mortgages matched the lowest level in decades by falling to 4.32%. According to Freddie Mac, this is the lowest rate since 1971. The rate on 15-year fixed loans fell to 3.75%, the lowest since records began in 1991. The 15-year...
by kramoltz@hotmail.com | Feb 28, 2015 | Preparing a Home for Sale, Renters and Renting
If you buy and fix up older homes to sell or hold as a rental, it just got a lot more difficult and expensive. New federal regulations effective in April of this year (the “New Lead Rules”), now require professional remediation techniques when even a...
