Last month a judge let a homeowner rip up his mortgage and walk away debt-free. Can you get a similar deal? MERS, the Mortgage Holder You Might Not Know An obscure company based in Reston, Va., claims to hold title to roughly half of the home mortgages in the nation — 60 million loans.
Are you struggling to keep your home? Good news might be around the corner! Arizona Bill Would Void Foreclosures Without Full Title History Arizona may become the first state to require lenders to prove they have the right to foreclose by providing a complete list of any previous owners of the mortgage, under a bill [...]
How much have you paid the mortgage broker? The numbers were hidden and undisclosed… According to the New York Times “New Fed Rule for Mortgage Brokers” article – huge amounts have been paid to the brokers by banks and other lenders through various fees and rebate programs. What a rip-off! At least in the Real [...]
While Tucson’s “affordable” real estate has turned the corner some time last year and is now filled with the buyers, snapping up great deals all over Arizona (and presumably the whole country), luxury Real Estate has just recently hit the bottom. There is definitely a significant increase in “Closed” transactions in the price range over [...]
It’s now official! I am getting back into Finance and being more like myself. On Wednesday, I’ll begin teaching at Eller College of Management (University of Arizona) Risk Management & Derivatives class. I’ll still keep and expand my Real Estate business, though. Thanks to having support from a team of three well experienced and knowledgeable [...]
The Auction has come and gone, but “Villas at Sabino Canyon” – luxurious Tucson Condos for sale are still there. If you didn’t have a chance to go to the Auction – you might have missed something, but not much. You can still own one of the Condos at a fraction of price, as 10 [...]
Over the weekend I went with a prospective Buyer to Villas at Sabino Canyon. We went to preview some of the 2 and 3-bedroom units and were disappointed to find out that all but 2.5 Condos are not updated. This means that out of 58 Condo for sale at the Auction, 55 have basic interior [...]
Pepper Viner is another Tucson builder that gives significant discounts for Move-In ready homes, but it doesn’t offer anything in the Catalina Foothills area. Some of the largest models are: 4558 Sq. Ft., 5BR /4.75 BA, 1+ Acre and 3-car garage – $599,990 (down from $766,346) – MLS # 20810682 in The Preserve at Sycamore [...]
There are so many great Real Estate deals around Tucson, that the main difficulty for the Buyers is to choose which one to accept. I will feature many luxury short sales and foreclosures I come across, but for now – let’s read what one of the Builders offers in the desired Catalina Foothills area. AF [...]
“Villas at Sabino Canyon” are for sale again! Less than a year ago I wrote about 40-luxury-condo (Villas at Sabino Canyon) Public Home Auction that took place on May 10, 2008. Now, mark your calendars: 58 Condominiums in Tucson, Arizona will be auctioned on Tuesday, April 28, 2009 at 6:00 PM by J.P.King Auction Company. [...]
