Young couple excited to hold the keys to their new home - First Time Buyers, Veterans Discounts, Getting Ready to Buy a Home - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Rea Estate

Learn the Lender Lingo! (#2- Mortgage Options for First Time Home Buyers)

You’re fortunate, not to mention unusual, if you are a first-time home buyer who has the means to obtain a Conventional mortgage. Commonly the biggest stumbling block is down payment. For the majority of home buyers, their first purchase will not be their forever home. I generally tell buyers to consider their first home to… Read More

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