Cheaper to Buy than Rent in Phoenix

The rental market in the Valley is high right now, due to growing employment opportunities and relocating professionals. On the other hand, average interest rates for mortgages are around 4.12% which means a lower monthly payment for home buyers. Buying is 34% cheaper than renting in Phoenix. This is a huge cost savings! Plus, you are building equity each month, which means that you are investing in your future by purchasing a home. Government lending is easing up since the financial crisis, and … [Read more...]

How’s the Market? A snapshot of National Home Sales

It's been said that "opportunity comes knocking." And that's certainly the case for people looking to purchase a home, as home loan rates remain near 18-month lows! In recent weeks, investors have moved into the safe haven of the Bond markets for several reasons, including weak economic data here at home, concerns about Ebola, and economic and geopolitical uncertainty overseas. This has helped Mortgage Bonds reach 18-month highs, and since home loan rates are tied to Mortgage Bonds, rates … [Read more...]

Phoenix Among the Best for Home Buyers

In a recent article by Forbes, Phoenix was named one of the best areas in the U.S. for jobs, with 24% of employers planning to increase hiring this fall. This is just 3% lower than Silicon Valley's technology giant Santa Clara. In the Chandler area, technology, healthcare, education, and finance continue to provide ample job opportunities here in the Southeast Valley. Chandler has been called "Arizona's preeminent high tech industry magnet." Phoenix is also one of the fastest growing … [Read more...]

Phoenix Ranks #8 Nationally for Housing Affordability

When looking at the salary you need to afford a monthly house payment, Phoenix ranked #8 nationally, according to a report released this month by HSH; the world’s leading publisher of mortgage and consumer loan information. There’s no better time to purchase a home! With rates at their lowest in a year and the housing supply above what it was last year, call us now to assist you in finding your dream home! Call Tina Marie at 480-313-9455. … [Read more...]

Improving Your Credit Score

Wanting to improve your credit score? The first place to begin is by reviewing your credit to verify that there are not items remaining on your credit that should have been resolved as well as items belonging to other people! With the economic downturn of a few years ago, we are finding that it is not uncommon to find you have a credit item that actually doesn’t belong to you. You can receive 1 free credit report per year from each of the following … [Read more...]

URGENT: Short Sale or Deed-in-Lieu of Foreclosure Changes!

Fannie Mae Changes Waiting Period for Short Sales/Deed-in-Lieu We are notifying everyone to please forward this to family and friends that they must find a new home and complete a loan application to purchase the property by no later than August 15, 2014 to remain eligible for the current Short Sale / Deed-In-Lieu waiting period of only 2 years. If they aren't under contract and have a signed loan application by the 15th of August, they will be required by Fannie Mae to wait 4 years from the … [Read more...]

Bay Equity and Tina Marie Realty Group Partnership

Bay Equity Home Loans and the Tina Marie Realty Group Partner for Clients Benefit Our Open House Event at 3620 W. Whitten St. in Chandler was a great success! Many buyers came to view this remodeled gem. I would like to give a great big “thank you” to Brian Iverson of Bay Equity Home Loans for assisting us with our Open House Event. We have partnered with Brian for the benefit of our clients. We are confident you will find his knowledge of the lending industry, personable nature, and … [Read more...]