Phoenix's highest residential structure is about so start selling units again according to my sources. 44 Monroe will be releasing units for sale in the near future and it is estimated that buying a unit there will be much cheaper than it was only a year ago. From Wikipedia: Construction on the tower began in November 2005. On April 16, 2006, Grace communities hosted a “Going Vertical” … [Read more...]
On Q Financial: Amy Simmons Mortgage Expert
And now, from On Q Financial right here in Arizona... meet our newest mortgage expert -- Amy Simmons! Amy has managed to consistently provide top notch service for OnQ and become known across the valley as one of the best loan officers Arizona has. How do I know this? Because I lost more than just one loan last to year to On Q and I used to sit back and scratch my head wondering … [Read more...]
Arizona Homeowner’s Survival Event
On Saturday, March 20, 2010 from 10am to 4pm, the Arizona State Escrow Association in conjunction with the Better Business Bureau, Arizona Department of Financial Institutions and the Arizona Mortgage Lenders' Association will host the Homeowners' Survival Event at the Steele Indian School Park / Memorial Hall at 300 East Indian School Road, Phoenix, AZ 85012 Attendance at this community … [Read more...]
Even Great Warriors Die In Battle
For many, 2010 will undoubtedly prove to be one of the toughest years in the mortgage industry. The underwriting guidelines still continue to change daily, government regulation and intervention is at an all-time high, legislation is being proposed to change compensation models for Loan Originators, more fraud verification policies are being put in place to protect lenders adding confusion, … [Read more...]
Sunstreet Mortgage Opens in Phoenix Arizona
There is a new mortgage office in town. Let's give a warm valley-of-the-sun welcome to Sunstreet Mortgage in Mesa. They have recently announced that their office is open for business and they are in the process of getting ramped up and planning a grand opening party. My personal favorite loan officer at Sunstreet is Christoph Schweiger who I have known for years and I think is great. Coming … [Read more...]
Arizona Is The Identity Theft Capital Of The United States
Golf and sun might attract people to Arizona, but the state is also becoming a hot spot for identity-theft. For the second year in a row, Arizona topped the Federal Trade Commission’s list of states with the most identity-theft complaints. It’s more based on demographics, than geography. Arizona official’s attribute their perch at the top to a couple of key demographic trends: a large … [Read more...]
Short Refinance: Is It Possible?
I suspect that 2010 is going to be a big year for short sales. One common question that I have gotten lately is: Can I just do a short refinance? Meaning, rather than short sell my house to someone else, can I just do a short refinance? And the answer is: maybe. But before you pick up the phone and call me, you need to do something first -- call your current lender and ask them if they … [Read more...]
Will Main Street Get A Bailout?
One of the common phrases I have heard over the last couple of years is "how come Main Street doesn't get a bailout?" And I have usually just shrugged and said that no one had called me to ask my opinion but as soon as I heard of it happening, I would be sure to keep everyone posted. I just now caught the first whiff that the federal government *may* be taking action to "bail out Main … [Read more...]
Who Do Loan Officers Work For?
Original post: Are Loan Officers Your Friend? … [Read more...]
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