Archive for February, 2012

What is the Waiting Period for the Purchase of a Home After a Short Sale

Many home owners are not aware of how a short sale would affect their ability to purchase a home after the short sale transaction of their current home closes.
The waiting period is not as long as many would think and in some cases, it could be even shorter than most lenders would lead on.
There are many factors which come into place when a home buyer is having to qualify for a home loan or mortgage. Often, one of the more critical aspects of the process for a home buyer, aside from ensuring … Continue Reading What is the Waiting Period for the Purchase of a Home After a Short Sale

Extraordinary Value – Troon North Home Site in Pinnacle Foothills

One of the few home sites available and one of the LOWEST PRICED 1/2+ acre lots in the Troon/Troon North area, this well located flag shaped Troon North home site offers good vegetation for privacy, gracious Pinnacle Peak views, and is bordered on the west side of the lot by a natural wash. With only soft sloping and aesthetic contours, the buyer of this home site will have both views and privacy.

This is also one of the few custom home sites in the area with NO monthly association dues; the… Continue Reading Extraordinary Value – Troon North Home Site in Pinnacle Foothills

1/2+ Acre Custom Home Site in Troon North Price : $139,900

Can I do a Short Sale if I have a VA Loan?

In Phoenix there seems to be alot of confusion for homeowners with VA loans as to whether or not they can do a short sale. The answer is yes. I just recently assisted two homeowners, with VA loans, in the Greater Phoenix area, complete short sales. Those homeowners have now avoided foreclosure and they should be able to buy a home again in two years if they rebuild their credit during those two years.

I believe part of the confusion lies in the VA guarantee; homeowners think they have to p… Continue Reading Can I do a Short Sale if I have a VA Loan?

FHA Loan Financing….Did you know?

Are you aware of these FHA loan financing benefits? If not, you should read this before you buy your next Phoenix Arizona home.
I was speaking with a tenant that was living in a home that one of my clients just purchased in Glendale. She had expressed to me that she wished she could purchase a home and specifically the home they were renting. She told me that she thought her credit score was over 700 but didn’t think she could get a loan because of job history and no large down payment.

I le… Continue Reading FHA Loan Financing….Did you know?

FHA loan financing benefits you may not be aware of....

Villages at Aviano – Desert Ridge – Furnished Home Sale Price Just Reduced

Back in December of 2011, Toll Brothers made the decision to close the sales office in Villages at Aviano for an undisclosed amount of time. Apparently they finally decided that competing with the short sale and bank owned resale properties from earlier phases was too challenging. They had been able to consistently sell the new models for more than the resale, but it took heavy incentives and certainly not the volume they had hoped for I am sure. I will be curious when they decide they can op… Continue Reading Villages at Aviano – Desert Ridge – Furnished Home Sale Price Just Reduced

Spacious Home for Sale in San Tan Valley, Arizona

Popular Pulte Homes floor plan which offers a greatroom that maximizes livable area square footage, a spacious kitchen that opens to the greatroom, and a breakfast nook attached to the kitchen.

This home rests on a large lot and includes exterior features such as an extended patio and a community pool. Just add clean, paint, and carpet and you may find yourself in one of the best purchase opportunities in the area. Also, the home is in walking distance to restaurants, and other valuable ameni… Continue Reading Spacious Home for Sale in San Tan Valley, Arizona

3 Bed, 2 Bath, 2 Car Garage, 1,406 Sq Ft on a large lot Price : $68,000