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Should I Call My REALTOR®?: The Ugly Truth About Procuring Cause

Have you ever been driving down the street and seen an open house sign and thought, “I don’t want to bother my REALTOR®. I’ll just pop in and take a look. If I like it, I’ll call my REALTOR® and have them write up an offer.” Or have you ever seen a sign for a… continue reading

Scottsdale home for sale pictured for adjustable rate mortgages

The Case for ARMs

The following article was originally published on Aaron Lending, LLC’s website. We decided to share it with you because it’s full of helpful information about adjustable rate mortgages as well as several real world scenarios. I will admit that as a borrower, Adjustable Rate Mortgages (ARMs) always scared me a little. I didn’t like the… continue reading

aerial view of Scottsdale homes

Applying for a Mortgage: Broker vs. Bank

Today’s post from Aaron Lending, LLC addresses the topic of applying for a mortgage and whether you should consider a broker or a bank (e.g., credit union, national bank, online bank, etc.). When shopping for a home mortgage or looking to refinance you have a lot of options. You could go through a local credit… continue reading

chart showing April 2017 housing statistics

Phoenix Housing Market Update – April 14, 2017

Here below is a Concise Market Snapshot from The Cromford Report and our own short commentary afterward. For a frame of reference on today’s numbers, the snapshot also shows you the numbers for last month, last quarter, last year, and two years ago. Pretty helpful, right? Average Home Sales Price It’s no secret that our… continue reading

photo of foyer in Scottsdale luxury home

Best Ways to Avoid Paying Mortgage Insurance

Mortgage insurance. Just another scary, necessary part of buying a home, right? For some, it may be necessary at first. But it doesn’t have to be scary. Aaron Lending recently published an article about mortgage insurance, which does an excellent job of explaining the different forms of mortgage insurance – MIP vs. PMI – and… continue reading

grassy front yard of Phoenix home

“Smart House” Innovations Have Real Estate Applications

A number of “smart house” products are making headway in 2017, so let’s review which ones promise to have significant real estate applications. If you’re thinking about buying or selling a home in the Phoenix area anytime soon, you might want to become familiar with some of these technologies. It’s safe to say that the… continue reading

infographic comparing Phoenix household costs versus national average

What You Should Know Before Moving to Phoenix [Infographic]

Phoenix is a vibrant, sun-kissed city nestled in the northeastern reaches of the Sonoran Desert amid several mountain ranges, including the McDowell Mountains and White Tank Range. Originally occupied by the Hohokam native people and later settled as a farming community, it wasn’t until after World War II that this fertile Valley saw explosive growth…. continue reading

aerial view of Paradise Valley house

Phoenix Mortgage Rates vs. Normalcy Bias

Normalcy bias. It’s probably a term you’ve heard once or twice before, and maybe even learned about in school. Either way, we’re going to dig into it again today to see how it applies to Phoenix area mortgage rates. The normalcy bias is a mental state that causes people, faced with unfamiliar situations, to underestimate… continue reading

cactus blossom in bloom

The Phoenix Spring Selling Season Couldn’t Wait…

  Phoenix’s spring selling season is underway! Okay—it’s understandable if that seems like a somewhat premature announcement, but it is verifiable from any number of sources. Never mind that this year, spring doesn’t officially arrive until March 20…but that’s only what astronomers say (and they can’t even decide whether Pluto is a planet). Meteorologists take issue… continue reading

flier about foreclosure

A Phoenix Area Foreclosure Needn’t Disqualify Responsible Applicants

There is encouraging news for some prospective homeowners with a foreclosure in their recent past: more common sense seems to have entered the picture.

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