Hand with pen writing on a mortgage application - refinance, mortgage, interest rate, home loans, reverse mortgage, credit - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Further Easing of Mortgage Credit Standards on the Horizon, According to Lenders

Home prices are rising slowly and interest rates have remained incredibly buyer-friendly so far in 2016, yet there is still some hesitation in the market. A bit of mortgage credit reform is long overdue. I’m thinking that government over-regulation and a recent history of tight mortgage credit standards is scaring the affordable-price and entry level… Read More

Flipped, remodeled, upgraded, repair, house - Bill Salvatore, Realty Excellence East Valey - 602-999-0952

2016 is the Year of the Remodel

Through the economic downturn, appraisers were not considering the worth of many remodeling projects. Updated roofs, structural components and systems still carried weight but improvements in kitchens, bath, flooring and the like were largely ignored. Lately it’s been noticeable that most upgrades including cosmetics, are again being factored in, as was the case before the… Read More

two people riding bikes at sunset in front of a home - Vacation Home, Second Home, Recreation, Active Adult - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Video: Vacation Home Investments

Arizona is a highly desirable vacation spot and second homes are popular here. Of course the weather is the primary factor but golf, baseball spring training, State and National parks, outdoor recreation, Active Adult communities and luxury resorts all play a major roll.  Check out the video below for some great thoughts on buying a… Read More

Home Gone Green? You May Be Eligible for Tax Credits

Homeowners who have invested in energy-efficient upgrades, such as fuel cells, geothermal heat pumps, small wind turbines, solar panels and solar-powered water heaters, may be eligible for the first credit. Homeowners who have invested in energy-efficient improvements like insulated roofing, windows and doors may be eligible for the latter. Did you make your home more… Read More