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Here is a look at our monthly local realestate market. For a more in-depth report on your home's value, just ask for an evaluation today.http://cromfordreport.com/rankings.html Facebook.com/garryoaks.melodyoaks/ #GarryOaksRealEstate #TeamDesertOaks #GarryOaksArizona #GarryOaksRealtor … [Read more...]

#FridayFunny Facebook.com/garryoaks.melodyoaks/ #GarryOaksRealEstate #TeamDesertOaks #GarryOaksArizona #GarryOaksRealtor … [Read more...]

Article from REALTOR Magazine   Aug 9th, 2019 Home sellers who choose to sell directly to an iBuyer often end up paying higher fees than if they sold the traditional way with a real estate agent, according to a new study by Collateral Analytics, a real estate analytics firm. iBuyers provide instant cash offers and quick closings, perks that are hard for sellers to ignore. Transactions involving iBuyers have been growing at a clip of more than 25% annually in recent years. But how profitable is it for sellers who choose this expedited route to a sale? The answer hasn't been clear since iBuyers first surfaced in 2014 with the launch of Opendoor. ‘You Can’t Afford to … [Read more...]

A "contingency" refers to particular provisions in a standard purchase contract. If the condition isn’t met, you’re allowed to back out of the purchase, without penalty. https://homebuying.realtor/…/need-knows-about-real-estate-c… Facebook.com/garryoaks.melodyoaks/ #GarryOaksRealEstate #TeamDesertOaks #GarryOaksArizona #GarryOaksRealtor … [Read more...]

The U.S. Department of Housing and Urban Development is expected to release updated guidance tomorrow on FHA-insured condominium financing. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the new rules will: Extend FHA certifications on condo developments from two years to three years, reducing the compliance burden on condo boards. Allow for single-unit mortgage approvals—often known as spot approvals—which will enable FHA insurance of individual condo units, even if the property does not have FHA approval. Secure additional flexibility in the ratio of … [Read more...]