by kramoltz@hotmail.com | Dec 27, 2016 | Foreclosures + Short Sales
Foreclosures have fallen across the country, with REO inventory down nearly 30% by the end of the summer of 2016 according to CoreLogic. And completed foreclosures in the U.S. are now down 69% from the September 2010 peak. Here in Arizona our trustee’s sales have also...
by kramoltz@hotmail.com | Feb 28, 2015 | Real Estate Facts & Figures
The latest market analysis (for May 2011) was released by our local Multiple Listing Service. The good news is that sales are up over last year, with about 9,000 homes sold for three months in a row. This is due to the record affordability of housing in the...
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
Short sales are a fact of life in Arizona residential real estate. A short sale is defined as the sale of a property, resulting in a payoff of less than the total amount owed, in lieu of a foreclosure or to permit a sale. If you are the next metro Phoenix homeowner to...
by kramoltz@hotmail.com | Feb 28, 2015 | Mortgages + Lending
For years FICO® scores, and how debt management actions influenced them, were unobtainable by consumers. For years, Fair, Isaac & Co., the creator of the system, wouldn’t give any guidance on how these credit scores were affected by adverse events. There are in...
