hand placing wooden house cutout next to small jar of money - Consumer Confidence, Strong Economy, money,-house-graphic-Designed by Freepic - Bill Salvatore, Arizona Elite Properties 602-999-0952- Arizona Real Estate

Real Estate as Investment Part I: Finding it Hard to Save a Downpayment?

Rising rents are making it more and more difficult for hopeful home buyers to save enough money for a downpayment and closing costs. Home ownership has a mountain of advantages, not the least of which is the ability to build equity while establishing stability for you and your family. While your investment appreciates, homeowners can… 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

Mortgage Sense… Conventional? FHA? or Something Else

I’ve talked a great deal about VA Mortgages in these posts, and I have no doubt we’ll be touching on that subject again very soon as a lot has changed. But for those of you who are not lucky enough to be able to take advantage of the VA’s zero-down option, today we touch on… Read More

key attached to a house-shaped key chain - Renting vs buying, Buying a home after renting, rent to own, First Time Home Buyers - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Buyers Encountering a ‘Perfect Storm’ But Not in a Good Way

When I bought my first home, the fad at the time was to purchase a fixer-upper at a good price then rehab it to death building ‘sweat-equity’ right away and increased value over time. But the fascination with finding a bargain seems to have lost its cache. I’m thinking that homes in need of TLC… Read More

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

Simple Tips to Keep in Mind When Shopping for a Mortgage

By Keith Loria Aside from searching for the perfect home for you and your family, obtaining a mortgage that fits your needs can be just as time-consuming a process. Whether you’re a first-timer—or even a seasoned buyer—you shouldn’t simply walk into your local bank and agree to the first mortgage you’re offered. It’s also important… Read More