by kramoltz@hotmail.com | Feb 28, 2015 | Global Buyers + Foreign Investment
Long before our latest market struggles, there has been a history of foreign buyers for U.S. residential and commercial real estate. But figures from the 12-month period ending the first half of last year show that nationally, international investors bought 10 percent...
by kramoltz@hotmail.com | Feb 28, 2015 | Mortgages + Lending
Conventional wisdom by mortgage professionals was to never pay points when refinancing or at the closing of a real estate sale. Mortgage “points” are equal to 1% of the loan amount, and are paid at closing in order to lower a mortgage interest rate. Lowering the...
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 fact...
by kramoltz@hotmail.com | Feb 28, 2015 | Home Buying, Real Estate Facts & Figures
According to RisMedia (the self-proclaimed leader in real estate information systems), the Phoenix area is the nation’s most popular city for home hunters in 2009. The figures come from ZipRealty, a national brokerage firm. Zip Realty produces a Home Hunter Report,...
by kramoltz@hotmail.com | Feb 28, 2015 | Foreclosures + Short Sales, Home Buying
The government wants you to buy real estate. As a result, two programs are available to significantly reduce your acquisition costs. So in addition to the low prices, there 2 additional reasons to buy in the Phoenix area right now! But these opportunities expire soon,...
