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Important Factors To Consider When Getting Financing On A Foreclosure, Short Sale or New Construction

April 19, 2013 by · Leave a Comment

Short sales, foreclosures and new construction homes all have caveats that need to be considered when pursuing financing. If the guidelines and potential pitfalls are not properly understood, you could face delays in closing or potentially even a denied loan. Short Sales & Foreclosures – Short sales and foreclosures are everywhere. They often represent great […]

Update Regarding the Arizona HARP Version 2 Program (AKA HARP-2)

October 17, 2012 by · Leave a Comment

Click here to read about the details on the HARP-2 program HARP-2 has been available since Decemeber 1st 2011, but only at 10% capacity. The most anticipated feature, which is the ‘no-appraisal required/no max loan to value’ is still not yet available. At this time, we still need appraisals on everything if the loan to value […]

Refinancing My Home in Phoenix? Here Are Four Possible Reasons To Refinance

September 20, 2012 by · Leave a Comment

A mortgage is generally the largest debt most homeowners have to manage.  It’s a good idea to give your personal real estate finance portfolio a check-up at least once a year. Since there are many reasons a homeowner may choose to refinance, we’ll take a look at the four most common. 1.  A Drop In Mortgage Rates: […]

Why Do I Need To Pay A VA Funding Fee?

March 28, 2010 by · Leave a Comment

The VA Funding Fee is an essential component of the VA home loan program, and is a requirement of any Veteran taking advantage of this zero down payment government loan program. This fee ranges from 1.25% to 3.3% of the loan amount, depending upon the circumstances. On a $150,000 loan that’s an additional $1,875 to […]