Graphic of hand holding credit card, money, credit report and chart - Designed by macrovector / Freepik - Credit Regulation, Fixing Credit Scores, Credit Reports - Bill Salvatore, Arizona Elite Properties, 602-999-0952

Rumors of Relaxed Credit Reporting Standards Vastly Overblown

Using credit responsibly is an integral part of your personal finance. Not only is credit a key factor in securing a mortgage when buying a home, vehicle or other major purchase, landlords and property managers invariably look at credit before approving new renters, as do insurers, utility companies and employers. It’s not always easy to… Read More

FIRPTA – A Tax on Home Seller’s that Home Buyer’s May be Liable For

FIRPTA – A Tax on Home Seller’s that Home Buyer’s May be Liable For FIRPTA has been around awhile but I ran up against it so many times in the past year that I’ve learned a lot more about it lately. The friendly folks at Pioneer Title were especially knowledgeable and helpful, explaining the finer… Read More

Regulation Stamp, TRID, mortgage regulations - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Home Sellers & Buyers Struggling with the Still Troublesome TRID

The government regulation that includes TRID was meant to benefit consumers. It’s been a bewilderment at best and a disaster in many cases. Home Buyers have experienced unprecedented delays and inexcusable inconvenience and loss as detailed in the article below. The first thing most Realtors noticed was that Home Sellers are apparently not considered consumers… Read More

Title Report and US Treasury Department Seal

Little Understood, Does the Treasury Dept.’s Geographic Targeting Order Affect You?

Little Understood, Does the Treasury Dept.’s Geographic Targeting Order Affect You? In short, probably not. There is a specific list of criteria that must be met for Geographic Targeting Order to be triggered and the average home buyer or seller will not likely fit the parameters. However, if you feel your transaction is in any… Read More