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Glendale, AZ

OBAMA: FHA Premiums Lowered for Refinancing, Compensation for Military Members..

Shelby DiBiase: Real Estate Agent in Phoenix, AZ

Great news was released by President Obama a few days ago in a press conference from the White House. Amongst other things, the President talked about rewarding homeowners, who have been doing the right thing and have acted responsibly, by taking a step further and “cutting by more than half the refinancing fees that families pay for loans ensured by the Federal Housing Administration.” He added that this will save the typical family in that situation an extra $1000 a year on top of the savings that they’d also receive from refinancing.

FHA is reducing its premium to .01 percent, from 1 percent, for streamlined refinancing of loans originated prior to June 1, 2009 and cutting the annual fee in half to .55 percent, from 1.15 percent. The fee cuts begin June 11.

He also talked about helping homeowners who have served our country. Homeowners who were in the military and got wrongfully foreclosed on, he said, will be substantially compensated. For members of the armed forces who have a high interest rate and were wrongfully denied the opportunity to refinance and lower their interest while they were actively serving, the banks will refund them the money with a significant penalty.

Remax Balloon

In this news conference, President Obama urged the congress several times to pass a housing assistance proposal that would apply the administration’s HARP program to all loans. Currently HARP only applies for Fannie Mae and Freddie Mac loans.

This is great news for everybody, as the President said, it’s about time that people who are responsible get rewarded for trying to keep their homes, their “American dreams”, and feel supported by their own government.


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HEY DAD CAN WE GO TO THE MOVIES TONIGHT AT THE GLENDALE, ARIZONA DRIVE IN THEATRES? PLEASE

Harry F. D'Elia, Investor , Mentor, CSSN Radio Coach, REOs, Networker, ePRO, CDPE: Real Estate Agent in Phoenix, AZ

HEY DAD CAN WE GO TO THE MOVIES TONIGHT AT THE GLENDALE, ARIZONA DRIVE IN THEATRES? PLEASE

GLENDALE, ARIZONA DRIVE INWhen was the last time that you attended a drive in movie with your family? Tell the truth! There are only a handful of drive in movie theater complexes still in business across America? Here is a picture of the West Wind Drive In Theaters located in Glendale, Arizona. I remember attending drive in movies when I was a kid growing up in Buffalo, New York as a kid. No, we did not go during the winter months. However, we had a great time as kids during the summer times. We paid one fee for the entire car and brought all of our own food. It was a cheap family night out.

Today, we continue this tradition at the Glendale Drive In Theaters. My kids are amazed that we can sit in the car and watch a movie in a parking lot. They have a blast.

CHECK OUT WHAT IS PLAYING TONIGHT

I encourage all to experience this true American delight once in your life time. Go see a movie at the Glendale, Arizona Drive In Theaters NOW.

GLENDALE, ARIZONA DRIVE INMOM AND DAD, CAN WE COME NEXT WEEK?

Before you start looking for homes; Get Pre-qualified!

Shelby DiBiase: Real Estate Agent in Phoenix, AZ

Buying a new home (or your first home) is a really big step in life. Getting pre-approved is the very first thing you should do before you start looking for homes because this will allow you to know how much you can afford and in what price range you can look.

Getting pre-approved with a competent and efficient lender is also crucial, since you want your pre-approval to be accurate to avoid having to cancel on deals and potentially lose money that you invested on inspections and appraisals.

Another significant part of the pre-approval process is that, together with your lender, you will evaluate different loan options. You may qualify for some of the most common loans out there; such as a conventional loan, FHA, VA (home financing for veterans & military), etc.

FHA – This type of loan is great if you are:

  • · A first time homebuyer, don’t have a lot of money to put down on a house, want to keep monthly payments as low as possible, you are worried about payments going up and you don’t have perfect credit.

VA - VA home loan programs help veterans finance the purchase of homes with favorable loan terms and at an interest rate typically lower than rates charged on other types of mortgages

This type of loan offers:

  • · No down payment, negotiable interest rate, closing costs comparable with other financing types and much more.

Conventional loans – A conventional loan is a mortgage that is not guaranteed or insured by any government agency. A conventional loan is a 30-year fixed rate mortgage. That means it has a fixed interest rate for the 30 year term of the loan. Conventional loans also typically require at least a 20 percent down payment.

So now that you know the basics, if you are trying to find a new home, work with a competent lender who can give you advice and pre-qualify you. So then you will get to do the fun part – shopping for your dream home!


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Glendale AZ 85301 Homes Sold February 2012

03-08-12
Carla Morin
Carla Morin: Real Estate Agent in Peoria, AZ

Glendale AZ 85301 Homes Sold February 2012

40 homes were sold for the month in Glendale AZ 85301. According to ARMLS, the average price per square foot was $33.82 and $49,825 was the average sold price. February 2012 Sold Homes Activity for Glendale AZ 85301 will give you detailed information about these sales.

Don’t forget you can also get current information on homes for sale at Glendale AZ Homes for Sale, including new listings and price changes. When you’re ready to sell your home or start looking for your new home, I am your Glendale 85301 real estate professional. I'm dedicated to providing you with quality service and a great home buying or selling experience. Please call me with any questions.

Glendale Arizona 85302 Homes Sold February 2012

03-08-12
Carla Morin
Carla Morin: Real Estate Agent in Peoria, AZ

Glendale Arizona 85302 Homes Sold February 2012

Did you know that 50 homes sold Glendale AZ 85302 this month and that the average home price was $90,724? Maybe you'd like to know the average price per square foot or other detailed information. Find it at February 2012 Sold Homes Activity for Glendale AZ 85302. Information is based on ARMLS.

Glendale AZ Homes for Sale has new listings, price changes and other current information to help you find your next home. If you’re ready to sell or to start looking for your Glendale AZ home please contact me, Carla Morin. I’m happy to answer any questions you might have.