When using a non-occupant co-borrower, such as parents, the occupant borrower is not required to have any income or assets of his/her own. 2- to 4-unit owner-occupied properties are eligible for 96.5% financing at the same interest rate as 1-unit homes Mom and Dad can lend, not gift, some or all...

Image via Wikipedia A new $7,500 tax credit for first-time home buyers is a temporary incentive from the government (Read all of HR 3221) to boost interest in real estate – but the time frame to take advantage of the credit is limited  (Purchases on or after April 9, 2008 until July 1, 2009). The...

Image via Wikipedia Single Family Home Foreclosures 11,334 (Maricopa County, 10,897) Townhomes/Patio Homes 806 2-4 Multi-Dwelling Units 113 Click HERE for Maricopa County Price Range Report Click here to search the MLS

Jan. 20: President Barack Obama takes the oath of office and delivers his inaugural address from the steps of the Capitol. Visit msnbc.com for Breaking News, World News, and News about the Economy shepard-fairey-barack-obama

The Arizona Foreclosure Blog would like to give a BIG Shout OUT to 2008 NFC Champion Arizona Cardinals!!!!! Thank you for taking us to our First Super Bowl…

If you are planning on buying an Arizona foreclosure home it is imperative that you work with an Arizona Realtor that is well versed with foreclosure transactions. Each bank has their own set of guidelines and many to not acknowledge the Arizona Real Estate Purchase Contract so the more experienced your...

Let me preface this blog entry with the statement, “Foreclosures and short sales vary by state and this blog post pertains to Arizona only”  Please contact your local Realtor for the most up to date and current information. Arizona foreclosures aka Real Estate Owned (REO’s) are properties...

(Image courtesy: The Wall Street Journal Online) Home prices are largely based on Supply and Demand. * If demand outweighs supply, home prices rise * If supply outweighs demand, home prices fall It’s good news for home sellers, therefore, that “used” homes for sale fell 6 percent nationally...

Image via Wikipedia Open Houses–Jan 10th, 17th, and 18th!! If you are curious on how the foreclosure auction process works don’t be shy.  There are 100’s of open houses valleywide both this weekend and next weekend.  Homes in all price ranges will be auctioned off at a public...

Don’t miss this week’s Top 50 REO Foreclosures in Greater Phoenix, AZ. This is an ever-changing list, so check back often, as inventory changes on a daily basis…