Category Archives: National Real Estate News

Life after a Major Credit Event – Short Sales, Foreclosures & Bankruptcies

It is not uncommon for many Arizonans to experience a major credit event. These events can drastically impact your ability to borrow for years. However, understanding lending requirements can put you back in the game and able to buy a home in as little as two years. Continue reading

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Doug Hill on HGTV’s “House Hunters”

I can’t believe I’m typing this sentence, but I, Doug Hill, of this humble blog and The Hill Group will be starring in tonight’s episode of “House Hunters” on the HGTV (Home and Garden Television) network with our clients, Monica and Matt. If you’re a regular viewer of the show – I know there are many of you out there – you probably already know … Continue reading

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How to File for the ’09 – ’10 Home Buyer Tax Credits

So you’re eligible for one of the two 2009 – 2010 home buyer tax credits, now what? The Internal Revenue Service (IRS) issued new guidance last week on the two tax credit programs – the $6,500 credit for repeat buyers, and the $8,000 first-time home buyer credit. Continue reading

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FHA Buyer Beware of the Mortgage Questionnaire

When lenders begin processing an FHA loan on a condominium managed by an homeowner’s association (HOA), one of the many things they do is send a mortgage (or lender) questionnaire to the HOA. Continue reading

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February 2010 – Back Near Record Low Mortgage Rates

It’s time for another mortgage rate update! According to Freddie Mac’s weekly Primary Mortgage Market Survey, mortgage interest rates have been on a steady decline since at least the first week of the New Year. Continue reading

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Where Have All the Foreclosures Gone?

Here in the Greater Phoenix, Arizona area, “foreclosures” has been the buzz word for at least the last two years. The problem is that the once very large, seemingly unending supply of foreclosed homes (also known as REOs) has shrunk very dramatically in just the last 12 months. Continue reading

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