Real Estate Finances

The Right Time to Buy a Home May Not Be In A Down Market

by Jon Griffith Helpful Hints

It’s all dependent upon the interpretation of the term, “The Right Time to Buy.” For a pushy sales person, the right time for you to buy a home may be RIGHT NOW!  TODAY!  Don’t WAIT…can’t you smell the steak on this grill?  But the truth of the matter is, the right time for you to [...]

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Can You Appreciate This?

by Jon Griffith Real Estate Finances

In most instances, real estate increases in value over time. That makes it a great investment.  But as you think about your “investment” consider that those who pay cash for their homes, which most people cannot do, realize the greatest return on their investment. Let’s take a look at the value of a $100,000 home [...]

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The Consequences Of Holding Out

by Jon Griffith Real Estate Finances

There are three compelling reasons to get a move on when it comes to buying a home.  1) You may be eligible for that $8000.00 first time home buyer tax credit, 2) homes are on sale, 3) most importantly, interest rates will probably increase. The $8000.00 Tax Credit First time home buyers have been given [...]

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Are You Really Ready to Buy a House?

by Jon Griffith Living Debt Free

For most, buying a home is the largest purchase they’ll ever make, and it will most likely become the largest portion of their monthly budget as well.  There are many programs that have been put into place to make it easier for you to buy a home, but the question you must ask yourself is [...]

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Arizona Anti-Deficiency Laws Are Changing

by Jon Griffith Blah Blah Economy

The following information was provided by Marc McCain, Attorney at law, regarding the changes that are coming regarding the Arizona Anti-Deficiency legislation. A deficiency is the amount that you still owe the bank after the bank forecloses.  If you are selling your home short of what you owe, or you are about to experience a [...]

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Good News for Phoenix Real Estate

by Jon Griffith Blah Blah Economy

It’s not a big surprise considering the number of homes that have been selling recently that the inventory has depleted considerably and the availability of affordable housing is drying up after this massive real estate hemorrhage. I cannot tell the future, but I can see when there’s a break in a pattern, as you will [...]

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It’s a Bottom Line Issue

by Jon Griffith Bank Antics

A recent post on raincityguide.com got me going about the bottom line when it comes to short sales. The article, written by Ardell, touches on the apparent importance of the assets that a property owner may have that could affect the bank’s decision regarding whether or not a short sale will be approved. At present, [...]

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Low-Ball Appraisals Cause Problems

by Jon Griffith Market Updates

The original article was posted on the NAR website and I have re-posted it here. I don’t typically copy others’ articles since I enjoy writing my own, but for the sake of getting the word out, because I am in the middle of this problem right now, I thought I’d pass it along: Real estate [...]

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