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Arizona Home Buyers' and Renters' Bill of Rights (A resource for all real estate consumers) THE ARIZONA DEPARTMENT OF REAL ESTATE, IN COOPERATION WITH INDUSTRY PROFESSIONALS AND THE PUBLIC, CREATED THIS “BILL OF RIGHTS” TO HELP EDUCATE
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Hot Market: Phoenix Provides Lesson in Real Estate Trends by M. Anthony Carr The Phoenix real estate market is beginning to show signs of life again. Jay Butler, director of Realty Studies in the Morrison School of Management and Agribusiness at Arizona
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Little change is expected in existing-home sales over the next few months, before improving notably during the second half of the year, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS ® . Lawrence Yun, NAR chief economist,
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Lease-to-Own Lease-to-own agreements can help sell a hard-to-sell property during a sluggish housing market. Here’s how they work: A seller agrees to rent a property to an interested buyer for a set period of time, usually one to three years. At
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FHA limit change may help some Valley homebuyers Some Valley homebuyers may get the boost they need to qualify for a mortgage, following a government decision Wednesday to hike the limits for loans insured by the Federal Housing Administration. The new
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You see them in every neighborhood, for sale signs and foreclosure notices. Despite this, Nate Martinez, President of the Phoenix Association of Realtors says one segment is really hot right now with homes priced under $200,000. He says a couple of years
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Six Signs It's Time For Home Buyers To Buy If you're waiting for signs of a housing bottom, join the club. Nobody blows a whistle and say, "It's time to buy!" That's why market timing is an art, not a science, but you can improve
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Home prices in the state of denial Despite numerous reports showing home values in historic decline, more than three out of four homeowners believe their own home has not lost value in the past year, according to an online survey. The survey was conducted
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Down Payment Assistance Programs ............................................................................... Down Payment Assistance Programs (DAPS) are loan programs designed to assist first-time home buyers with the required down payment and closing
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I was reading a MLS web news letter and found this article that I do agree with. It is written by real estate agent Paul Pastore. I thought I would share it with you: 1. Selection, selection, selection. Regardless of the price range a buyer desires, there
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Arizona foreclosures fall for 3rd month in a row The number of foreclosure filings reported in Arizona fell for the third month in a row in November — even as the mortgage crunch continued to squeeze borrowers. A total of 5,767 filings — including
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Existing Home Sales To Trend Upward in 2008, Says NAR The National Association of Realtors (NAR) has suffered some ridicule for its perpetually sunny housing forecasts, even while some markets have been drenched in bad news. But the outlook for 2008 is
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Window-Shopping Foreclosures The foreclosure market continues to boom as no relief appears in sight for stretched subprime mortgage holders. As the economy shows more signs of a slowdown, this trend is likely to continue. Although the real estate industry
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Local businesses upbeat about 2008 Despite rising energy prices and ongoing global uncertainty, local businesses are cautiously optimistic about the national economy in 2008. That’s according to a new Valleywide business economic forecast by the
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FHA Loan Program: Model of Success? by Peter G. Miller If you had to pick the biggest real estate success during the past year, the winner might surprise a lot of people. By every standard it's the FHA loan program. While many lenders are floundering,
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