April 21st, 2012 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 […]
March 29th, 2012 Another of Team Woodall’s listings in the Rancho Vistoso master-planned community closed escrow last week. The former “Heatherly” model home featured some excellent upgrades, backed to a natural open space, and was highlighted by an uncommon two-story layout with the master bedroom on the main level. Here’s a link to some information about the home […]
February 28th, 2012 The “Heatherly” model home listed by Team Woodall on Westminster Dr. is now under contract with an anticipated closing towards the end of March. Built in 2007 this home is substantially upgraded with cherry cabinetry, rectangular tile, and numerous other designer finishes. Listed currently at $289,000, the 1,922 square foot plan will be an excellent […]
September 20th, 2011 One of the routine maintenance items every homeowner should do is a visual inspection of the home exterior. Check for any signs of unusual wear, water leaks, and of course of primary concern in Arizona are termites. Subterranean termites will most commonly be visible on the concrete stem at the base of the home and […]
April 20th, 2011 Home ownership has historically held many tax benefits and one of the biggest perks has been the ability to exclude profits realized from the sale of a home from the 15% capital gains tax. To qualify for this exemption the homeowner must have owned the property for at least two years and have lived in […]
April 15th, 2011 A bill introduced in the House of Representatives this week could substantially improve the process of short sales by putting time limits on bank responses. Titled “Prompt Decision for Qualification for Short Sale Act of 2011”, this legislation would impose a deadline of 45 days on lenders to respond to requests for short sales. To […]
March 11th, 2011 More home owners are falling prey to scams that promise to “stop the foreclosure” and “save your home.”
The Federal Trade Commission has released a report to help borrowers avoid falling victim to such scams, here are a few of its tips:
1. Watch for outlandish claims. “Eliminate your debt!” and “We guarantee […]
March 6th, 2011 Not many homeowners may be aware but many insurance companies have clauses in their coverage which will deny or limit claims when a house is vacant for an extended period of time. Sellers of a property that are leaving the home empty prior to finding a buyer should check their insurance policy to make sure […]
February 25th, 2011 January existing home sales rose 2.7% nationally in January to an annual rate of 5.36 million. This is the third consecutive month that existing home sales have continued to rise and they also now sit above levels of one year ago by 5.3% when sales were at a 5.09 million annual rate. According to National […]
January 21st, 2011 The mortgage interest deduction (MID) has come under attack recently by some experts who have advocated its elimination as a deficit reduction method of saving costs to the government. Some of the speculation centers on the MID being foremost a benefit to the wealthy. However, the MID primarily benefits middle-income households, with 65% of families […]
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