by kramoltz@hotmail.com | Dec 30, 2016 | Mortgages + Lending
Not too long ago in Banks Leaving the Mortgage Business, I wrote about a report that large #banks have left the home #loan market – originating just 52% mortgages in 2014, down from more than 70% seven years earlier. But bank portfolio loans (the mortgages they...
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 | Dec 21, 2016 | Animal Stories (mostly Dogs in the Military)
Then support animal charities through SimplySOLD™! The holiday season means giving, and SimplySOLD™ does its part. We donate to the Arizona Humane Society each time a qualifying transaction closes. I also donate to the Hermitage no-kill cat shelter in...
by kramoltz@hotmail.com | Dec 19, 2016 | Arizona and Its Amenities, Home Buying
More home owners are leaving some of the fastest appreciating housing markets, like California and Colorado, while more are staying in more affordable markets like Arizona. A new study by CoreLogic shows that 2.5 home sellers fled California for every out-of-state...
by kramoltz@hotmail.com | Dec 15, 2016 | Home Buying, Selling Your Home
When a solar system is owned, value is added is added to the home, and appraisers are required to determine that amount. To do so, basic information such as the age and capacity of the system should be provided by the seller. Then, like any other amenity, the...
