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Tag Archive | "foreclosure"

NEW Short Sale advisory handout!

Friday, February 5, 2010

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It’s HERE! A great resource for learning about all your options before you list your home as a short sale.  Also, if you are considering a loan modification, refinance, foreclosure – there are helpful links in this packet for you too! This form was made with the client in mind – www.aaronline.com/documents/ssseller_advisory.pdf It was put together […]

Ugly House Award

Sunday, June 7, 2009

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I went to see this bank-owned house for sale for one reason – I thought it was a great deal. IF you can get over how ugly it is from the exterior. To see the “bird eye view” map of this house and amazing lot – click here. $369,900 (117 price per square foot) 3,159 […]

Fannie Mae Rolls-Back Investor 4 Property Limit

Monday, February 16, 2009

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Effective March 1, 2009, real estate investors can once again own and finance up to 10 individual properties. The fannie_mae_logo1restriction reversal does come with new minimum requirements, however. Homeowners buying a 5th, 6th, 7th, 8th, 9th or 10th home must meet the following standards, as set forth by Fannie Mae:

New Mortgage Help from Gov’t

Tuesday, November 11, 2008

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Nov. 11, 2008 09:48 AM Associated Press WASHINGTON – In the most sweeping effort so far to help troubled homeowners, the federal government and the mortgage industry on Tuesday will announce a plan to streamline the assistance process for hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac. The Federal Housing […]

The Truth about Short Sales

Wednesday, October 22, 2008

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by Catherine Reagor – Oct. 18, 2008, The Arizona Republic More than 7,000 homeowners facing foreclosure in the Valley are trying to sell their homes through a process known as a short sale, according to Arizona Regional Multiple Listing Service data. But less than 5 percent manage to sell before lenders seize their houses. The failure by banks […]

Foreclosure Alley Video

Friday, October 3, 2008

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This is what foreclosure looks like. I often show my buying clients bank-owned properties with many personal belongings left behind from the evicted owners like you’ll see in the video.  If you or someone you know if facing real estate challenges such as foreclosure, don’t hesitate to call or email me and we can talk […]

Bank-Owned Properties Drive Market

Monday, April 28, 2008

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  Valley home-owners who are trying to sell have some steep competition these days: motivated lenders.  A little more than 49 percent of all the resales recorded in Pinal Country in March were bank-owned properties, according to RL Brown’s Phoenix Housing Market Letter.  These “REO” – real estate owned – homes that have gone back […]

What the heck is a SHORT SALE?

Wednesday, January 16, 2008

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A short sale occurs when a lender agrees to accept less than what they are owed for an outstanding loan. When a homeowner/borrower is facing delinquency and possible foreclosure on their mortgage, it is sometimes possible to work with the lender to obtain a sale for less than the amount owed.  Not all lenders will consider […]

My New Year’s Resolutions

Wednesday, January 2, 2008

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Happy New Years! I wanted to share 3 personal New Year’s Resolutions with you all. If you have one of your own you’d like to share, feel welcome to add a comment! 1. Invest in Real Estate. I hope to practice what I preach by taking advantage of the low low prices in the Phoenix […]

My New Year’s Resolutions

Wednesday, January 2, 2008

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Happy New Years! I wanted to share 3 personal New Year’s Resolutions with you all. If you have one of your own you’d like to share, feel welcome to add a comment! 1. Invest in Real Estate. I hope to practice what I preach by taking advantage of the low low prices in the Phoenix […]

Becky Becky Wyatt  
REALTOR®
HomeSmart Real Estate
480-383-9209 phone
888-855-4817 e-fax
www.ArizonaHomeTalk.com
Becky@BeckyWyattOnline.com
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