www.KELLYTIFF.com

IMAGINE YOUR LIFE DEBT FREE! !Learn how you can (potentially) eliminate all debt without refinancing and with no changes to your monthly budget.Call me to see if you qualify. It can be done! www.moneymergeaccount.com/kellytiff

Why I Live in Arizona

This is to all my clients on the East Coast (and Midwest) - why I live in Arizona. 

This is classic......

http://www.youtube.com/watch?v=vKmLIbNaq84

March 9, 2010

New rules favor flipping to move foreclosures - Flipping used to be a dirty word in residential real estate, but not anymore.  A recent HUD policy change is encouraging flipping to foster more sales of foreclosure homes that were badly damaged by the previous owners or others.  Area realtors are praising the move, saying it should help the still-struggling existing home market.  The department amended its regulations to prohibit flipping on properties to be financed with FHA-insured mortgages.  According to the policy, a mortgage would not be eligible for FHA insurance if the purchase contract was executed within 90 days of the prior acquisition by the seller.  The 90-day prohibition has been waived for one year starting Feb. 1.
http://www.eastvalleytribune.com/story/151342

   

Nab a real estate deal - while you still can - How much do buyers stand to lose by waiting?  Besides the loss of the tax credit, the biggest game-changer facing buyers is a potential jump in mortgage rates.  If the Fed moves ahead with its plan to stop buying mortgage-backed securities at the end of March, the rate on a 30-year fixed mortgage is expected to increase nearly a percentage point from today's 5.18% to 6.1% by the end of 2010, according to the Mortgage Bankers Association.  On a $300,000 fixed-rate mortgage, that's an extra $174 per month.
http://money.cnn.com/2010/03/02/real_estate/real_estate_deals.moneymag/index.htm

Search for Properties.....

 

www.kellytiff.com

 

Search Homes in Camelback Corridor/Arcadia/Biltmore

http://www.camelbackcorridor-realestate.com

Search Homes in Troon and Troon North

http://www.troon-realestate.com

Search Homes in Paradise Valley/Paradise Valley Village

http://www.paradise-valley-realestate.com

Search Homes in Desert Ridge/Northeast Phoenix

http://www.phoenix-desertridge-realestate.com

Search Homes in McCormick Ranch

http://www.mccormick-ranch-realestate.com

 

Search the Arizona MLS

http://www.kellytiff.listingbook.com

March 6, 2010

Canadians flock to Arizona for second homes - "We've always looked at Western Canadians as our feeder market," says Cambridge Properties broker Keith Mishkin.  "They made up about 1% of our marketplace before, but that number has now doubled."  At Corriente Residences in Scottsdale, Ariz., "Canadians make up about 10% of the buyers," Mishkin said.  Canucks comprise the largest group of buyers there, after Arizonans, according to sales data, followed by buyers from Colorado, Illinois and California.  More than 7,000 residential properties in Maricopa County list Canadian addresses as their primary residences.
http://www.walletpop.com/blog/2010/03/02/canadians-flock-to-arizona-for-second-homes/

 

HARP Receives a One-Year Extension - The Home Affordable Refinance Program (HARP), which was supposed to expire June 10, will be extended for another year.  Since HARP began last April, it has refinanced 190,180 mortgages.  The program is aimed at borrowers with little or no equity in their homes.
http://www.realtor.org/rmodaily.nsf/pages/News2010030201