How Soon Can I Buy After A Short Sale? Great Chart!

by Narducci Team on March 8, 2012

I just received this great chart from Dean Wegner about waiting periods after a foreclosure or a short sale. Please call or email me with any questions! 480-559-9660 or [email protected]

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HomeSmart is now in China!

by Narducci Team on September 30, 2011

HomeSmart China
HomeSmart is ranked the #1 brokerage for both agent count and sales volume in Arizona, #5 in the nation, and we’re now International! HomeSmart has opened it’s newest office in Beijing, China.

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New Short Sale Legislation – April 4th, 2010 – HAFA

March 27, 2010

The federal Home Affordable Foreclosure Alternatives Act (HAFA) will become effective on April 4, 2010. This legislation is a companion to HAMP, which was enacted last March. I’m sure you’ve heard about the long waiting periods if pursuing a short sale. This legislation requires lenders to respond to reasonable offers in a timely manner (supposedly [...]

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10 Things to Know About Real Estate in 2010

January 21, 2010

Yahoo Finance recently published a nice article titled “10 Things to Know About Real Estate in 2010″ by Luke Mullins. I will give a quick recap of his top 10 things and then link the article below: Prices to Bottom Mortgage Delinquencies Up Foreclosures Move Upstream Mortgage Rates to Rise Buyer’s Market Remains Modification Plan [...]

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FHA Seasoning Suspended

January 19, 2010

FHA announced that they will temporarily lift the ban requiring 90 day seasoning before the property can be sold to a buyer wishing to use FHA financing.  This will go into effect February 1st, 2010 and be in place for one year unless otherwise extended or withdrawn by the FHA Commissioner. If FHA discovers there [...]

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$8,000 Tax Credit Extension, New $6,500 Tax Credit!

December 2, 2009

Buying a home keeps getting cheaper. First time home buyers have been getting homes for $8,000 cheaper since January of this year. Well if you’ve lived in your home for a minimum of 5 years, you are now eligible for a $6,500 tax credit. The tax credit has been extended to April of 2010. This [...]

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Stratland Estates is back in business

November 18, 2009

Stratland Estates on Gilbert/Germann can say goodbye to their empty lots and overgrown weeds. According to the Arizona Republic, Pulte, Meritage and Toll Brothers have purchased 230 lots and plan to start building next year. This adds to the new home momentum in Gilbert after 1,000 permits have been issued this year. I love seeing [...]

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