Ever heard that one before?
If you list and negotiate short sales, I’m sure you have. During the past year, the time frame required to close a short sale has increased as more and more properties hit the market in a distressed state. Short sales occur when the bank allows the owner to sell the [...]
Continue Reading →“Thanks for all of the work that you put into selling our home. I know that was a very stressful time. I was beyond frazzled with all of the changes happening and all of the responsibilities that went with them. So, I think I owe you a ‘thank you’… for helping us sell our home [...]
Continue Reading →There’s no doubt about it. Home sales in the Million dollar range are few and far between. In today’s market, the big winners are closing between the $200K and $300K range, and rightly so. There is so much opportunity right now to invest in real estate that if you don’t get into the game now, [...]
Continue Reading →The Wall Street Journal published a chart that shows how lower interest rates on 30 Year fixed mortgages would affect the monthly payment which I’ve republished here in the table below.
Good news this week brings us lower interest rates down from 6% to 5.5%. When you consider that this is the largest single week [...]
Continue Reading →In the month of September, where cool weather is looming, yet still non-existent, and the last days of barbecue and swim parties come to a close, and the financial state of the union appeared to begin to crumble, we experienced the following activity in the real estate market:
In Scottsdale, last month we had approximately [...]
Continue Reading →Yesterday I updated my status on Facebook calling on any of my friends to write about what it means to them to live in Scottsdale, Arizona, or what they liked most about it. Audrey Heald, who has been out of the country for the past two years teaching in Japan, contributed the following:
Affordability Calculator
Monthly Gross Income $ Monthly Debt Expenses [?] Monthly Debt and Obligations Should Include:
- Monthly Credit Card Payments
- Monthly Auto Payments
- Monthly Child Support
- Monthly Association Fees
- Other Monthly Obligations, but NOT utility bills.
$ Down Payment: $ Interest Rate: % Mortgage Calculator
$ % yrs % $ Topics of Interest
Posts from OwingMoneySucks.com- Tax Refunds Are Bad For The Economy February 5, 2012
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