by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians
Are you a Canuck living in the United States? Are you from the U.S. and thinking of going to Canada for the Olympics or for a vacation? Are you a Canadian visiting on an extended basis here (are you a snowbird?) Or do you have dual Canada-United States citizenship...
by kramoltz@hotmail.com | Feb 28, 2015 | Foreclosures + Short Sales
In Are Lenders Holding Back REOs, I wrote about the inability of lenders that had completed foreclosures to timely put those homes back on the market. Under ordinary circumstances, a bank will put a “real estate owned” (or REO) home back on the market as soon as...
by kramoltz@hotmail.com | Feb 28, 2015 | Real Estate Facts & Figures
Year end facts and figures concerning Arizona real estate: Existing home sales showed a healthy gain in November – sales were the highest for that month since 2004! Experts say that was the result of a rush to close before the then expected end of the month expiration...
by kramoltz@hotmail.com | Feb 28, 2015 | Foreclosures + Short Sales
In normal market situations, a bank will repossess a home and usually get it to a Realtor for listing in the local Multiple Listing Service in as short as 30 days. Therefore, in a relatively short period of time, virtually every marketable lender owned property (a...
by kramoltz@hotmail.com | Feb 28, 2015 | Taxes
The $8,000 tax credit scheduled to expire November 30, 2009 has been extended. Now a purchase agreement can be entered into up to May 1, 2010, as long as the transaction closes no later than July 1, 2010. It continues to cover first time home buyers, but has also been...
