by kramoltz@hotmail.com | Jun 3, 2016 | Home Buying
Standard Pacific and Ryland Group, both based in Southern California, merged last year becoming CalAtlantic Homes. It is a major player in the new home market, building houses in 20 of the top 25 metro areas in the U.S. It owned or controlled about 74,000 home sites...
by kramoltz@hotmail.com | Jun 1, 2016 | Home Buying, Mortgages + Lending
The AzHFA Home Plus Mortgage Loan Origination Program provides down payment assistance to Arizona home buyers with an annual household income less than $89,000 using a Fannie Mae, 30-year fixed mortgage. The down payment assistance can be used to purchase a home under...
by kramoltz@hotmail.com | May 23, 2016 | Home Ownership, The Attorney-Broker Advantage
Unlike me, agents have no legal training. Yet they are allowed to prepare contracts. An example of what can go wrong when an agent plays attorney occurred to Coyotes defenseman Zbynek Michalek, who lost a $100,000 cash earnest money deposit when he tried to buy a...
by kramoltz@hotmail.com | May 20, 2016 | Home Ownership, Renters and Renting
According to the Wall Street Journal, when asked what was their primary reason for renting, 49% of those aged 18 to 34 said they were not financially ready to own. Of those 35 and older, 26% cited that same reason. In the younger below 35 group, 15% said they rent...
by kramoltz@hotmail.com | May 18, 2016 | Home Ownership, Renters and Renting
A study of renters by Fannie Mae revealed the top 3 reasons that they were renting: a. 57% said it allows them to live within their budget; b. 52% said its less stressful; c. And 50% believed its the best decision given the current economic climate. Next: Part 2 of...
