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

The Surprisingly Simple Evolution from Renting to Home Buying

The Surprisingly Simple Evolution from Renting to Home Buying. As a long-time tenant you might not expect that you could be comfortable with the home buying process. But in my experience folks who have rented for years are often the most conscientious and well-informed home buyers. After working with several long-time renters-turned-buyers recently, I’ve come… Read More

Framed house in background, hand holding key in foreground with New Construction Discount text - New Construction Discount - Discount on the Purchase of a New Home - Help with Closing Costs - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Housing Starts Take a Nose-Dive After Months of Promising Development

Housing Starts Take a Nose-Dive After Months of Promising Development. Activity in the Residential New Construction arena has been disappointing of late. With residential resale inventory down and rental prices up, the real estate industry relies heavily on new construction to fill housing gaps. New construction completions are slow, due in part to a lack… Read More

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

Video: What’s the Word on Mortgage Lending Standards? Better.

Video: What’s the Word on Mortgage Lending Standards? Better. Mortgage lending regulations, along with mortgage interest rates, are fickle. Just when you think you’ve got a handle on them, they will change. Fortunately for home buyers mortgage lending standards have recently been changing for the better. At the end of last year and the first… Read More

Couple holding paperwork sitting at a table with their agent - Advice for Home Sellers - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Infographic: Does the Gender Pay-Gap Price Single Females Out of the Home Buying Market?

Infographic: Does the Gender Pay-Gap Price Single Females Out of the Home Buying Market? Of the single home-buyers I’ve dealt with over the past several years, I would estimate that 80% were female. My personal statistics do not square with the national average. On the other hand, Real Estate is still very reasonably priced in… Read More

Mortgage application - Video: Reverse Mortgages

Singles Now Recognizing the Value of FHA Home Loans

Singles Now Recognizing the Value of FHA Home Loans I’ve long been a fan of FHA loans. They do exactly what they were intended to do – ensure that homeownership is not out of reach for the average American, and stabilize the country’s Real Estate Market. Contrary to popular belief, an FHA home loan is… Read More

Desk top with credit report, money, calculator and pie-graph

Inadequate Financial Knowledge Delays Many Home Buyers, Study Says.

Inadequate Financial Knowledge Delays Many Home Buyers, Study Says. I’ve worked with countless mortgage lenders over the years and have come to depend on just a handful, to provide me with timely, accurate information, with no drama. I’ve always believed that the home buying process should not be stressful or confusing. But I’ve seen that… Read More

Top portion of title report, title and escrow, title company - Bill Salvatore, Arizona Elite Properties 602-999-0952

2017 Sees Changes in Regulations for Title Companies

2017 Sees Changes in Regulations for Title Companies. I’m very fortunate to have solid, dependable contacts in the Title industry. The folks at Pioneer Title are always willing and quick to resolve any issues I have. On the few occasions when I couldn’t get an answer immediately, they’ve researched and returned my call within a… Read More

Couple holding paperwork sitting at a table with their agent - Advice for Home Sellers - Bill Salvatore, Realty Executives East Valley - 602-999-0952

5 Things to Review Before You Choose an Agent to List Your Home

5 Things to Review Before You Choose an Agent to List Your Home. My first and most important piece of advice… don’t just hire and agent to sell your home, interview them, and interview more than one. Let me give you a brief example. I recently spoke with a potential home seller almost by accident…. Read More

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

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

Trulia Report: Homes in the First Time Buyer Range in Short Supply.

Trulia Report: Homes in the First Time Buyer Range in Short Supply. As a rule I’m not impressed with Trulia. Their home values are skewed by incomplete and vague information, and often the availability of a specific property is inaccurate i.e. not corresponding to the MLS data from which it is borrowed. Having said that,… Read More