Monthly Archives: May 2017

6 Home Appraisal Myths You Need to Stop Believing Immediately

Yes, the appraisal is one of the scariest parts of the home-selling process—and one of the most confusing. After all, why is somebody valuing your home after you’ve already determined a listing price and received an offer? Plus, you’re never sure … Continue reading

Posted in Loan News, Seller Advice | Leave a comment

FHA Reverse Mortgages (HECMs) for Seniors

I admit, when I hear “reverse mortgage”, I immediately become skeptical. However, this one seems to offer what a true reverse mortgage should provide to a senior homeowner. If you are a homeowner age 62 or older and have paid … Continue reading

Posted in Retirement | Leave a comment

How much house can you afford?

Ready to buy a house? Before you spend a day drooling over homes you may not be able to afford, the first step is to determine your budget, which means it’s time to calculate your debt-to-income ratio.  DTI is used … Continue reading

Posted in Buyer Advice, Loan News | Leave a comment

City of Maricopa Real Estate Market Update for March & April 2017

We’ve had a very busy selling season this year! Our city had 346 sales over the two month period with an estimated annual appreciation rate of 7.7%. Here is the complete list of the sales by subdivision. I’ve added a … Continue reading

Posted in Market Updates | Leave a comment