Important changes are occurring in the lending process. These intent of these changes is to better protect home buyers, by providing specific timelines for lender actions and disclosures. However, a home buyer does need to know that loan changes during escrow may have an impact on the closing date. From the National Association of Realtors [...]
Posts tagged as:
home buying
Home buyer alert: New lender disclosure requirements
by Dru Bloomfield on July 24, 2009
“Owning is Less Expensive Than Renting in Phoenix”
by Dru Bloomfield on February 23, 2009
The title of this post is a quote from John Burns, a real estate consultant out of California. I recieve his email newletters regularly, and for the most part they consist of statistical charts and a grading of local economies for major cities in fifty states. Read more about what his Local Anaylsis newsletter starts [...]
Is Waiting for the Real Estate Market to Bottom Out a Smart Thing?
by Dru Bloomfield on March 27, 2008
I received an email from a potential home buyer this week, telling me that it is not a good time to buy a home. I didn’t necessarily agree, so I shared some of the following information with her. I asked if she’d be following the interest rate forecasts, and let her know that inventories (homes for sale) [...]
Buy or Rent – Now there’s a calculator
by Dru Bloomfield on March 24, 2008
Here’s a helpful home buying vs. home renting calculator from the New York Times web site. What I really like about this calculator is that it gives you a lot of info with just a couple changes to match your location. It also gives you a visual look at when you start seeing the savings (if [...]
Scottsdale Real Estate – Prices May Vary
by Dru Bloomfield on March 17, 2008
I got a call from Misty Williams at the East Valley Tribune this past week for an update on the Scottsdale real estate market. It’s challenging to cover such a wide-ranging topic in a twenty minute phone call, yet Misty asked some excellent questions and took away the key points of our conversation. The front page photo [...]
