All of us in the business of real estate have been talking about the Mortgage Debt Relief Act being extended. (READ MORE ABOUT THAT HERE) But there are a few other key points that have an effect as well. Here are some highlights I thought worth mentioning: 1. DEDUCTION OF MORTGAGE INSURANCE PREMIUMS If you have [...]... Read more
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The “Cure Period” in Real Estate
Explanation of the “Cure Period” in Real Estate: As we go through the transactional process in real estate, contractual promises are made to the other party once the purchase contract is executed between the buyer and the seller. Sometimes a promise is not a promise. If one party breaks the promise, then there is a [...]... Read more
Avoid Real Estate Buying Mistakes!
Avoid Real Estate Buying Mistakes! Over the past several years, the game and the rules of buying real estate have significantly changed. Today, the affordability and the ability of buying real estate in places like Scottsdale, Phoenix and throughout the Phoenix Valley Metro Area have changed. Unfortunately, the practices of lending have changed due to the significance of high foreclosures and short [...]... Read more
The “O Event” From Old Republic in Scottsdale, AZ 2011
I go to MANY classes and industry functions. But this one was special. It was touted as the O Event, Arizona is Rising, held at the Scottsdale Center for the Performing Arts just a couple of days ago…and it was well worth the time. They had an impressive line up of presenters including: Dermot Buffini Those Callaways [...]... Read more