As a homebuyer unless you’re paying for a new property with cash your credit score will ultimately be a factor in the purchase process. Of course there are minimum qualifications to get a loan period, but there are also good reasons to take a close look at your credit even if you qualify. Depending on […]
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Long Realty’s mobile home search app was just launched on Thursday and it’s already receiving tremendous buzz for its innovation. Helping to revolutionize the mobile home search app is the “Home Scan” feature, which is an augmented reality product that utilizes a device’s GPS location, compass and camera. Essentially this feature allows you to hold […] Pima Tucson Homebuyer’s Solution Program just may be the answer for buyer’s wanting to purchase a home in the Tucson area and needing down payment assistance. This program offers eligible candidates a 4% grant that may be used towards a down payment or closing costs. This grant does not have to be repaid unless there […] Pretty much every buyer shopping for homes has run across a yard sign or MLS entry that mentions a particular home being a HomePath property or available for HomePath Financing. What exactly does this mean for buyers though? HomePath is simply Fannie Mae’s program through which it resells properties it has foreclosed on. These properties […] Within the last decade Oro Valley has blossomed into a community of vibrance, beauty, and innovation. Not only has Oro Valley become a major draw for seasonal “snowbird” visitors, but it is becoming a well-renowned community for its business successes too. Major regional employers such as Ventana Medical Systems, Sanofi-Aventis, Oro Valley Hospital, The University […] There is a key piece of legislation set to expire at the end of this year which could have a HUGE impact on the real estate market & for many homeowners wanting to sell their homes. This legislation is the Mortgage Forgiveness Debt Relief Act of 2007 which exempts homeowners from having to pay tax […] When will the bottom hit? That’s question is probably more appropriate when talking about mortgage rates than home prices. Many locations throughout the US have likely seen the bottom of the market in terms of pricing, but the mortgage rates just keep dropping lower. Freddie Mac’s official release this past week indicated new records for […] Each year Harvard University’s Joint Center for Housing Studies releases a report on the state of the nation’s housing from their research and viewpoint. This year’s edition points to increasingly strong fundamentals that have the housing market poised for a significant recovery this year. Some markets are already seeing this impact. The primary area that […] It seems recently each new week brings along with it a record low interest rate on 30-year fixed rate loans. Freddie Mac reported that another record was set this week with the avearage 30-year FRM at 3.79% down from last week’s record of 3.83% Both week’s rates came along with an average 0.7 points for […] Forbes.com recently showcased the best places to purchase a home right now based upon REALTOR.com Feburary housing data and Tucson came in at number 1 on the list. Affordability for homes is near an all-time high given the drop from peak housing prices coupled with near record low mortgage rates. The article stated how many […] |
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