Warren Buffett recently was interviewed on TV. His recommended investment is in homes. He has good reason to think so. Click HERE to see the interview. Warren Buffett is the worlds most successful investor and when he speaks people listen. His reasoning for this advice is that you are protected by your loan from values [...] Read more
Tag Archives: financing a home
Is the Real Estate Market the Bottom in Arizona?
Here is just one more reason to believe the now is the time to buy or invest in real estate. See the Huffington Post article by John R. Talbott. Now is the prime time. Most people will procrastinate and think there is going to be a further drop in prices. But the statistics say no. [...] Read more
Buyer for home homes house houses in Prescott with seller financing
In today’s economy many buyers are having a very difficult obtaining financing for homes from the banks. Banks are being very cautious and they are just not lending if you have any credit issues or do not fit the profile of an owner-occupied buyer with a regular job that you have been in for a long [...] Read more
Seller Financing Mortgages for Buyers and Sellers of Homes for Sale
Seller Financing is moving properties quickly and at top dollar. The cost of obtaining financing from the banks is over $4,000 for just a $120,000 mortgage loan. It is driving buyers away. Self-employed buyers are not getting loans at all. Forget getting a loan for land or a second home. They are just about not [...] Read more
Arizona Mortgage Loans Update
Lending Rules BIG Change In Arizona Loans are getting very difficult to obtain. They also require much more time and documentation before the loan is approved and funded. On March 1, 2011 the Arizona Residential Purchase Contract was revised for all Realtors to use. There any many changes but the most significant changes are about [...] Read more
