Gilbert Is Named Safest Community In Arizona
Posted by relocateaz on Dec 8, 2009 in Community, Gilbert | 1 comment
In a study that analyzes trends for total crime, Gilbert was named the safest municipality in Arizona. Gilbert has a population of 220,000 and was ranked 24th in the entire united states. The good news continues to pile up this year for Gilbert. In the annual heads of households survey 97 percent expressed satisfaction with...
Treasury Announces New Short Sale Process Legislation
Posted by relocateaz on Dec 1, 2009 in financing | 1 comment
The U.S. Treasury Department released a plan intended to speed up and encourage the short sale process. A short sale is the final step a homeowner may take before giving up on a house and letting it slide into foreclosure. However, in the past the foreclosure process has been time consuming and has not delivered the desired...
What is FHA 203k?
Posted by relocateaz on Dec 1, 2009 in financing | 0 comments
The fastest growing home loan on the market is the FHA 203k. in 2008 there were 10,000 FHA 203k loans, this year there will be 80,000 and next year estimates are over 500,000 FHA 203k loans will be processed. What is this loan? and do you qualify? read the FAQ below. What is an FHA 203k Loan? The FHA 203k renovation loan...
Banks Willing To Rent Tenants Back Their Foreclosed Home
Posted by relocateaz on Nov 20, 2009 in Uncategorized | 0 comments
In a surprise move, Fannie Mae announced it will begin allowing homeowners facing foreclosure to rent back their homes for up to one year. This program allows homeowners to pay market value for rent, a sum typically lower than the price they are currently paying for their mortgage. “The Deed for Lease Program...
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