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Mortgage Rates: Going Up or Going Down?

June 5, 2009

One of the most common questions I am asked is “are mortgage rates going up or going down?” And I usually reply with something like “yes”. When you are shopping for a mortgage, rarely do you really have the time or patience to know what rates have done recently and what events are happening in [...]

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Target Center in Scottsdale gets a new paint job

June 3, 2009

Over the years, I’ve negotiated a few commercial leases.  Almost as important as the price/sq ft discussion is the haggling over signage.  Signage is naturally a big requirement for most businesses leasing space.  Where can a sign be placed?  How big can it be?  Can the sign be colored and in the companies font?  Can [...]

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Time to check that water shut off valve

June 1, 2009

It’s a simple fact of living in Phoenix that the water here is hard.  And by hard water, I mean it is loaded with minerals.  It’s safe to drink, if not particularly pleasant tasting.  Region by region throughout the city, the level of unpleasantness does tend to vary from “that’s almost tolerable” to “there’s no [...]

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Phoenix Real Estate Market Update – #32

May 31, 2009

Across all of Maricopa County, there are currently 22,790 single family homes for sale, down by 1531 from 2 weeks ago. There are 10,094 sales currently pending, down by 712 from a week ago. And 8073 homes closed escrow in the last 30 days, up by 700 from a week ago. As a result, broader [...]

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8000 Tax Credit Bridge Loan For Down Payment and Closing Costs: Now Reality

May 31, 2009

You can now use the 8000 tax credit for closing costs and down payment once you have met the minimum 3.5% down payment for an FHA loan.

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Interviewed by Jeff Butera from CBS 5 KPHO

May 28, 2009

Yesterday afternoon, as I was departing from a rental home that had recently had some serious water damage, due to a faulty washing machine supply valve, at the same time it had a faulty whole house shut off valve, I was contacted by Jeff Butera from CBS 5 KPHO, here in Phoenix, regarding my recent [...]

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Phoenix and Scottsdale Property Management

May 27, 2009

If you look up at the top of the blog, there’s a menu bar with a choice for Property Management.  That link is there, because even though I don’t mention this very often, I am a property manager for homes in the Northeast part of the valley.  I wouldn’t say being a property manager is [...]

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