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What exactly is a Short Sale??? How does it work?
With the increase in foreclosures lately you may have heard the term “short sale” and wondered what it was. A short sale is when the lender will accept less than the full amount due on a mortgage when a property is sold. Usually, the lender Read More...
FHA Makes Exception to Anti-Flipping Rule For Foreclosed Properties
Bush administration officials on Friday said they had made a major change to existing U.S. Department of Housing and Urban Development regulations for mortgages endorsed by the Federal Housing Administration, lifting a key anti-flipping provision that Read More...
4 new rules for home buyers in this Market!!
There's no guarantee that prices have hit bottom yet - but that doesn't mean that you can't get a great deal now. There's no telling how long the housing crisis will drag on. Here's what you need to know before you start shopping in Read More...
Interest Rate Articles from the Experts- Phoenix AZ Real Estate
Click Here To Search For Phoenix Metro Area Homes: www.AzRealtyPros.com Nation’s Building News, Week of December 10 th - Bush Plan Aims at Helping to Stabilize Housing Market A plan announced last week by President Bush to limit foreclosures by Read More...