sketch-style, distant view of condominium building across the pool - 5303 N 7th St, Phoenix AZ - Popular Carlyle Condominiums, minutes to shopping, restaurant, city services - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Good News from FHA for Condominium Home Buyers, and Sellers

At implementation of the Dodd-Frank Act in 2010, shortly after the collapse of the Real Estate market, condominium owners watched the value of their investment plummet. FHA financing would no longer be available for vast numbers of condominium complexes, severely limiting a condo owners opportunity to sell their home. Home Buyers looking for affordable choices… Read More

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