Understanding Credit - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Video: Improving Your Credit Score, How and Why

Can you improve your own credit score? The video below offers some advice if you choose to work with a credit counselor and some warnings, but you can actually repair your credit yourself in a few straightforward steps. Check your credit report on annualcreditreport.com. This is the only site authorized by federal law to provide… Read More

Calculator, pile of papers, taxes, deductions

12 Year-End Tax Tips Especially for 2017

12 Year-End Tax Tips Especially for 2017 Year end brings the craziness of holiday celebrations, the joy of family visits, the excitement of the coming new year, and looming quietly in the background… another approaching tax season. Are you a recent home buyer? Make sure you are well informed about the deductions and benefits available… Read More

Puzzle pieces forming a house - Home Sellers, Home Buyers, Mortgage Regulation, Title and Escrow - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

How to Buy a Home in a Seller’s Market

How to Buy a Home in a Seller’s Market. *continuation of yesterday’s blog Why Are Existing Home Sales Tanking? We all know the equation: low inventory plus higher prices equals a tight market. This setting can be a challenge for buyers who are competing for their dream home. According to the National Association of REALTORS® … Read More

Mortgage rates, mortgage regulation, money, house - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Video: Looking to Save When You Buy a Home? It’s Easier Than You Think!

Video: Looking to Save When You Buy a Home? It’s Easier Than You Think! What’s the first thing you think about when shopping for a home? Is it getting the best deal? Finding the lowest mortgage interest rate? Decreasing your closing costs? Consider this scenario: You make an offer on a home that is $10,000… Read More

Hand holding a home with umbrella above - The importance of Title Insurance

Video: Buying a Home? Step One… Lower Your Home Owners Insurance

Just a little heads up… these tips are great for homeowners but you’re wise to pay attention to the tips in this video even if you do not yet own a home, but simply if you plan to. When you’re getting pre-qualified to buy a home, one of the questions your mortgage lender will ask… Read More

Hand with pen writing on a mortgage application - Video: Reverse Mortgages

20 Percent Down is Nice, but NOT Mandatory

20 Percent Down is Nice, but NOT Mandatory Due to misunderstood government regulations instituted in the past two or three years that were meant to stabilize the housing market, many folks are under the impression that they must have 20% down to buy a home. This is categorically untrue. Not only do 3.5% down FHA… Read More

Mortgage Financing, Low Mortgage Rates - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Mortgage Interest Rates Still Low After Summer Decrease

Nationally, interest rates on conventional purchase-money mortgages decreased from July to August, according to several indices of new mortgage contracts. October rates so far have remained fairly stable. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 3.99 percent for loans closed in late August, down 3… Read More

Mortgage Financing and Subprime Mortgages - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Not Your Daddy’s Home Selling Tips, #7 – Be The Bank

from ‘Not Your Daddy’s Home Selling Tips‘ on yourValleyProperty.com Be the Bank. Under very specific circumstances it may be in your best interest to consider acting as the mortgagee. This is commonly known as a carry-back. My best advice if you’re considering this would be to talk with a financial consultant and an attorney before… Read More

Military Home with Flag - Bill Salvatore, Realty Executives East Valley - 602-999-0952

VA busts four home loan myths that hurt Veteran homebuyers

From the US Department of Veterans Affairs, a fantastic article on VA Home Loans. The VA Home Loan is the most powerful home buying tool on the market. It—and the GI Bill—literally reshaped post-War America, and it’s a big reason why the historic VA Loan Guaranty Program has surged since the housing crash. Despite generations… Read More