by kramoltz@hotmail.com | Mar 1, 2022 | Mortgages + Lending
With the new year comes a change in reverse mortgage programs. As before, you must live in the home as your primary residence and must complete a financial assessment. But the maximum loan amount has risen from $822,375 to $970,800 as of January 1, 2022. The loan...
by kramoltz@hotmail.com | Feb 23, 2022 | Renters and Renting
Home sale prices in the Valley of the Sun are at an all-time high. As of late last year, metro Phoenix has led the nation in annual growth for 30 straight months. And the rental market isn’t far behind. Four Phoenix metro cities are in the top 10 nationally for rent...
by kramoltz@hotmail.com | Feb 15, 2022 | Animal Stories (mostly Dogs in the Military)
Sam was a black and white cat that was supposedly owned by a sailor on the German WWII battleship Bismarck. When the Bismark was sunk, it was said he was picked from the water by the British destroyer HMS Cossack. The crew of Cossack named their new mascot “Oscar”,...
by kramoltz@hotmail.com | Feb 8, 2022 | Home Buying, The Attorney-Broker Advantage
The belief that “love letter” violations are a widespread problem has prompted the Oregon legislature to pass a law preventing a buyer’s agents from providing the seller’s agent with one. To ensure a seller won‘t select a buyer based on prohibited criteria under the...
by kramoltz@hotmail.com | Feb 2, 2022 | Home Buying, Home Ownership
The Woke movement has hit real estate. Realtor.com and Redfin are deleting crime data listed on their websites because it could “perpetuate racial inequity.” Realtor.com removed its crime map from all search results to “level the playing field.”. Redfin doesn’t think...