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Real Estate Talk
It is a new era in real estate. So much so that many are wondering if home ownership is still part of the American dream? Whether it is raw land, lots, condos or a traditional single family homes, the real estate choices have changed.
In today’s market it is important to have a local Realtor who can understand the new language; short sales, foreclosure, REO, bank owned, distressed sellers, opportunity buyers and equity sellers make up this new real estate language.
What is real estate in America coming to? R.E. Scott Real Estate Talk is equipping homeowners, buyers and sellers to take advantage of today’s real estate market.
Enjoy R.E. Scott Real Estate Talk previous programs below…
Mesa AZ real estate owners who do not act in 2012 may find themselves up against a large tax bill if they wait.
Arizona’s anti-deficiency statutes found in A.R.S. 33-729 & 833 only give limited protections to homeowners facing foreclosure. Since the protections are limited and not absolute there are many foreclosed homeowners who may face future financial liability.
The Mesa AZ real estate market has seen many changes over the past few years. Most of the changes have been downward. About May of 2011 the home inventory in Mesa began to dry up about the same time buyers started to realize that prices were at or near the bottom. Scott Whitwam answers many questions related to these issues in this week’s R.E. Scott Real Estate Talk radio program
President Obama announces last week his newest fix to the house problem. In order to help struggling home owners, the president announce a reduction in the cost refinancing FHA mortgage insurance.
R.E. Scott Real Estate Talk radio program I interviewed John “The Titleman” Lotardo, Vice President & General Counsel for Stewart Title and Trust of Phoenix. We spent the hour talking about short sales, foreclosures and Mortgage Forgiveness Debt Relief Act of 2007.
There is no question that inventories in East Valley cities like Mesa, Gilbert and Chandler have fallen and prices have started to rise as completion is become stiff for properties. This many times leads to buyer frustration. Agents are frustrated because they are working hard and not able to get homes under contract and buyers get frustrated sometime feeling that their Realtor® is not working hard enough to help them get a home.
A Mesa AZ Realtor can help you get the home you want… 5 great tips for buying in today’s real estate market – Listen to the show here
Short sales will continue to dominate the Mesa Arizona real estate market throughout the next several months. The driving force behind the increase in short sale in Mesa AZ is the coming expiration of the Mortgage Forgiveness Debt Relief Act of 2007.
Often we overlook the condition within our inner cities and focus on our lives outside these core areas. Inner city Mesa Arizona’s real estate is not exempt. With housing values being down over 50% compared to just a few years ago, homeowners are facing the reality of needing to short sales or foreclosure.
While Interviewing Grey Sehnert, President of NAHREP Arizona Chapter and Gail Buck, Former President and Chairman Emeritus of NAHREP Arizona Chapter, we discusses how NAHREP-AZ has taken a hands on approach. A perfect example of NAHREP’s influence can be seen in one Phoenix community we known as Maryvale.
Think you cannot qualify to buy a home? Think again! There are many options for those who have little money for a down payment and ailing credit to buy a home for sale in Mesa AZ.
1. FHA financing provides a viable option for people with little money available for a down payment. The buyer only need 3.5% of the purchase price and this 3.5% can be money in savings, a gift from a family member and even a loan on a secured asset.
2. Your tax refund may also provide the needed funds to turn your dream of homeownership into reality. Many people overlook their refund as a source of down payment.