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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 YOU, THE CONSUMER, OF YOUR RIGHTS WHEN PURCHASING OR RENTING PROPERTY. AS A REAL ...
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Hot Market: Phoenix Provides Lesson in Real Estate Trends by M. Anthony CarrThe 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 State University's Polytechnic campus, says as the prices have dipped to 2005 levels, April ...
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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, says the market will come into clearer focus this summer.
“Existing home sales could ...
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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 the end of the lease, the buyer has the option to purchase the home at a preset price.A portion ...
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FHA limit change may help some Valley homebuyersSome 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 limits are derived from median home prices in each county across the country with a maximum limit ...
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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 ago investors pushed up home prices, which meant many people could not ...
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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 your odds of buying wisely.
First, stop paying attention to the national media. Fear ...
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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 by Harris Interactive for Zillow.com, a Web site that gives estimated home values. The ...
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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 costs required by the FHA loan program. These types of down payment assistance programs are ...
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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 are plenty of houses from which to choose. Just a few years ago the resale inventory ...
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