by kramoltz@hotmail.com | Oct 24, 2018 | Home Ownership, Real Estate Facts & Figures
Arizona’s homestead exemption allows a person to protect from certain creditors up to $150,000 of the equity in the home they live in (house, condominium, or mobile home). It applies only to non-consensual liens. A non-consensual lien is one which arises from a...
by kramoltz@hotmail.com | Oct 19, 2018 | Home Ownership, The Attorney-Broker Advantage
Recently I read a letter from a Canadian that owns a home in Arizona about a construction defect. The letter was in a magazine catering to Snowbirds, and the writer was complaining because he had been told that due to Arizona’s real property tax classifications,...
by kramoltz@hotmail.com | Oct 16, 2018 | Home Buying, Renters and Renting
The latest Rent vs. Buy Report from Trulia shows that home ownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. This includes Phoenix, which is in the top 10 in size. These numbers...
by kramoltz@hotmail.com | Oct 8, 2018 | Home Buying, Mortgages + Lending
The FHA 203(k) program is a loan product designed to help owner-occupants remodel a home. Available when purchasing or refinancing a home, it wraps the purchase/refinance and rehabilitation costs into a single mortgage. To qualify for the loan, the total value of the...
by kramoltz@hotmail.com | Oct 2, 2018 | Home Ownership
Santa Fe/Pueblo. Flat roofs, parapet walls with round edges, straight-edge window frames, earth-colored stucco or adobe-brick walls, and projecting roof beams (vigas) typify the Pueblo style. Ranch. A development of the Prairie and Craftsman styles, Ranch homes are...
