There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a “short… Continue reading
Metro Phoenix has a “shadow inventory” of nearly 100,000 homes, the kind that market watchers sometimes fear could flood the region’s long-suffering housing market and drive down prices.
These homes are either in foreclosure or the owners are behind on their mortgage payments, signaling that the houses could eventually join the supply of properties offered by lenders for sale… Continue reading
One of the many advantages of borrowing from a Private Hard Money Lender, like Capital Fund I, is that they perform all underwriting, documentation, and signings in house, therefore they can fund loans in 24 hours and even quicker in some instances. Trustee Sale purchases are under the biggest time crunch for a loan, which is why many turn… Continue reading
Our daily Maricopa County foreclosure auction list and map has just been updated. Some great deals exist with 133 properties showing a substantial return on investment. Of these most profitable properties, 31 have an opening bid of under $50K, 8 with a square footage of 1500 or more, and 1 with a pool. We will be driving these properties tonight… Continue reading
Metro Phoenix has long been known for its supply of affordable houses, easy to buy and resell. Now, the rental market is dominating the region’s housing sector, something many real-estate experts and agents didn’t expect, as reported by by Catherine Reagor, from the The Arizona Republic.
Rental homes are in much higher demand across the Valley than they were… Continue reading