Should I Call My REALTOR®?: The Ugly Truth About Procuring Cause
July 6, 2017
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
The Case for ARMs
April 21, 2017
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
Applying for a Mortgage: Broker vs. Bank
April 19, 2017
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
Best Ways to Avoid Paying Mortgage Insurance
April 11, 2017
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
Phoenix Mortgage Rates vs. Normalcy Bias
March 21, 2017
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
The Phoenix Spring Selling Season Couldn’t Wait…
February 26, 2016
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
A Phoenix Area Foreclosure Needn’t Disqualify Responsible Applicants
February 23, 2016
There is encouraging news for some prospective homeowners with a foreclosure in their recent past: more common sense seems to have entered the picture.
Foreign Investors Beware – FIRPTA
July 16, 2015
If you are a foreign person or non-resident alien purchasing or selling real estate in Arizona you need to be aware of the section of the residential purchase contract that explains your potential tax obligations.
New Changes to Mortgage Loan Disclosures
April 30, 2015
Ask us anything regarding buying and selling a home in Arizona and we can help you. Ask us about the new laws regarding the Dodd-Frank TILA-RESPA Integrated Disclosure Rule and we turn to Matt Baker, Loan Officer extraordinaire with HomeStreet Home Loans. Below are the comments from Mr. Baker regarding the changes that will go into effect on August 1st, 2015.
Who Can Sign to Buy a Home?
April 21, 2015
The manner in which real property is titled can be critical to keeping title clear of “clouds” or flaws. In order to have a properly titled and insurable deed to your property it must be executed by the party who has the actual legal authority, under the laws of the State, to convey the title. Additionally, all parties with any interest in the property must be accounted for. While each situation can be different, the following may be used as a guide.