Archive for January, 2009
Fannie Mae requires a 10% earnest deposit on cash deal
I was talking to a friend of mine about a condo she is purchasing out of state and was quite surprised when she told me the details of the transaction and what she was required to do in order to get her purchase contract accepted. Here is the scenario…she found a bank owned condo that was listed for $45,000 [...]
16Jan2009 | Michele Guss | 7 comments | Continued
Renters to get some relief when home is in foreclosure
Recently I have had several calls from tenants that need to move due to the fact that their landlord is in foreclosure. I did some research and was not able to find much information for remedies for tenants. Low and behold, today I read 2 articles that directly address this issue.
The first article is a new [...]
Maricopa County resales jump 33 % as foreclosures push down prices
Click on the following link to read the full story:
http://phoenix.bizjournals.com/phoenix/stories/2009/01/12/daily33.html?ana=e_du_pub
Real Estate is still the best investment you can get, land properties always increase in price as time goes by."`- 
i had a bad credit score last year but i was able to fix it now..:" 
I figured it out. The make the inspection period start the day they send you an email saying they will ...
i am not a fan of having credits and getting credits cards.;," 