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What is a CFD?

What is a CFD?

A Community Financing District is a method of paying for an improvement (like sewer lines) which benefits a number of properties. The impact on an owner of a home within a district is a periodic payment paid through the property tax collection process. CFD payments...
Ride-Share House Scouts.

Ride-Share House Scouts.

Real estate firms are hiring ride-sharing drivers from Uber and Lyft to search for house flip projects. The drivers look for homes that appear to be good candidates for renovation and sale. One company hires drivers to find potential flip houses in 20 states. Drivers...
The Seasonal Market.

The Seasonal Market.

Peak times for home contracts to be signed are the spring in the Phoenix metro area. In some cities there is another up tick in the late fall, but any sales increase after the summer is minor here. Low points for closed sales typically are in January and February...
What is an Incurable Defect?

What is an Incurable Defect?

An unfavorable property characteristic that can’t be fixed, such as a location on a busy street, is known as an incurable defect. This requires the value to be adjusted downward from that of a comparable home to reflect the “defect”. What does this mean to a buyer?...