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Deb Nichols
REALTOR®, GRI, ABR, CSSN
Cell Phone: 602.769.9217
Toll free: 888.263.0093
Deb earned her Real Estate license in 2004, has an amazing attention to details in a transaction. Deb is a strong believer in education, and holds a GRI designation.Roland Cleveland
REALTOR®, CRS, ABR, CSSN
Cell Phone: 602.788.0708
Toll free: 800.944.3760
Roland has been a full time Realtor for nearly four years, and his positive and upbeat attitude make the entire buying and selling process a stress free experience.
Author Archives: deboranichols
Neighborhood Stabilization Program (NSP) announces limited time offer
http://actvra.in/qly Neighborhood Stabilization Program (NSP) announces limited time offer. What is the Neighborhood Stabilization Program (NSP)? The Neighborhood Stabilization Program addresses the effect of foreclosures in the city’s hardest hit neighborhoods through renovating foreclosed homes, offering buyers home ownership incentives … Continue reading
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Is This a Great Time to Buy?
Is This a Great Time to Buy? (edit/delete) I have recently come across some statistics that would support the theory that this is a great time to buy. The numbers are undeniable. For the time period beginning August 29th and … Continue reading
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Will HARP really make a difference?
Will HARP really make a difference? (edit/delete) Will HARP really make a difference? There has recently been a lot of chatter about the Obama administration new Home Affordable Refinance Program(HARP).This new program could potentially help close to 2 million borrowers … Continue reading
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Short Sale Help – Thinking of Short Selling Your Property? Tips Inside
By J Summers The time is really hard these days. Many people have already lost their jobs because of the widespread financial difficulty. One of the results of the global crisis is the inability of home owners to pay for their mortgages. It is easy to pay when there’s a monthly income to depend on. But with so many people getting laid off, the monthly budget can’t afford to pay for all the monthly obligations. Not having sufficient amount to pay the home mortgage is a very difficult situation. The house is such an important property. What’s more difficult however is the consequence of default monthly mortgage. If the situation goes unchecked for a couple of months the lender may start a process that would end up in your house being sold to be able to pay the mortgage amount. If the initiative came from the lender then the process of foreclosure will start. At the end of the period of wherein the debtor is given a chance to save their house and no action is taken, the house will be sold and the proceeds will be used to pay up the house mortgage. There are various solutions that the debtor can take before the start of the foreclosure process. One of them is short selling the house. A Short Sale Help is an agreement between the homeowner and the lender to sell the house at a price at slightly lower than its market value. Whatever are the proceeds will go to the lender. So the lender may get an amount lower than the mortgage value. Though a Short Sale Help seems to be the only solution to the problem of default mortgage, the truth is there are lots of other remedies that will benefit the home owner as well as the lender. Be careful when transacting with a third party company regarding the Short Sale Help. A lot of people know that there are profits in short selling that doesn’t necessarily go to either the lender or the home seller. Selling the property at a lower price is already a loss for the home owner. He will not get any proceeds because the agreement is that the proceeds of the sale are entirely given to the lender. The lender may or may not profit in the selling process but it will save a lot of money by bypassing the legal actions that usually cost a lot of money. There are companies however who are willing to pay the home owner a fair amount of money relative to the value of the house. In this kind of transaction the home seller may actually sell the house at higher value thereby making profit in the sale of his property. This is not a Short Sale Help. The home is sold for what it’s worth. A house is sold at a lower cost because of some selling mistakes. The house may have looked very old and the price is too high. It would be better to present the home as best as possible and price just right so buyers will not shy away from it. A Short Sale Help may be good in order to sell the house fast. But if the home is good enough to get a higher price so that the full value of the mortgage can be paid while leaving enough for the seller then that would be the best solution. About the Author: Are you worried about Short Sale Help ? Do you believe there’s nothing you can do? You need to know all of your options – you can be SAVED from foreclosure. Go to http://www.walkawaytoday.org to get your free e-course on understanding foreclosure and how you can avoid it! Source: www.isnare.com Permanent Link: http://www.isnare.com/?aid=366689&ca=Real+Estate Continue reading
AZ Loan Modification Company VS. DIY Modification
By Michael Y. Riley After months of falling foreclosure rates filings are on the rise again. This comes as another wave of homeowners see their rate on their ARM (adjustable rate mortgages) rise and reset to higher monthly payment amounts at the end of last year. This is primarily due to Option Arm Loans where the interest of the loan is able to be deferred until a later date. That date for an unusually high number of homeowners came due at the end of last year and the beginning of this year. Typically these type of loans have a cap built in to protect borrowers from getting stuck with an unreasonable payment amount however the downward spiraling of home values has pushed the loans to their cap sooner than expected. The cap allows the principal to accrue to a percentage of a homes value, in many cases this is 120%. Due to the current dip in home values the balances on these loans have already reached the max, forcing homeowners to pay the principal & interest payments they weren’t expecting to pay for years – payments which many cannot afford to make. As we are all too aware job losses are still on the rise and there is no clear sign that the vicious cycle is coming to an end any time soon. As part of the new efforts put forth by the Obama administration new opportunities are available for homeowners who find themselves in this situation. Borrowers who wanted to refinance in the past but could not qualify because their properties have lost value may be able to get a new more affordable rate meaning a lower payment. There are a few indicators to consider when determining if you are eligible for this type of loan re-modification. First, is your loan held or guaranteed by Fannie Mae or Freddie Mac? Second, is your property a primary residence? Third, is your first loan amount equal to or less than 105% of your current property value? If you can answer yes to all 3 of these indicators then you are one step closer to getting off the track of foreclosure. Re-negotiating your loan directly with the bank can be a daunting task at best. Imagine how much the bank does NOT want to loose money and then combine that fact with the reality that they are the ones that “set the rules” for what rate they will offer in the re-negotiation. You are clearly the underdog in this match. Reportedly more and more homeowners contact non-profit AZ Loan Modification companies after hitting the wall trying to negotiate with banks directly. Contacting a non-profit company to assist with the negotiations has proven to be a benefit to thousands of borrowers to date. The non-profit already has a relationship with the banks and experience re-negotiating loans for struggling homeowners. They know how low the bank can go and what rate other struggling homeowners in similar scenarios have received. Non-profit companies also know the logistics of the new government plans, matching plans with struggling homeowners even if you don’t know what plan you want to utilize, if one is available. About the Author: Find out if you qualify for a AZ Loan Modification: AZ Loan Modification Company Michael Riley is an expert in the field of Non Profit AZ Loan Modification Source: www.isnare.com Permanent Link: http://www.isnare.com/?aid=362539&ca=Finances Continue reading
AZ Loan Modification – How to Avoid a AZ Loan Modification Scam
By J. Summers You are in serious trouble when you’re facing foreclosure but there are remedies available to save you from it. One of them is AZ Loan Modification. The lender may give you second chance by lowering the interest rate or stretching the payment terms. This makes your monthly payment more affordable and easy to manage. A AZ Loan Modification can work wonders in your life and it may save your house from impending foreclosure. But be cautious because there are people who are not as helpful as you think they are. They may turn your problem into a disaster by offering you a solution that would not help you but put you into more trouble. I’m talking about a AZ Loan Modification scam and it has already broken the heart of many people who have foreclosure problem. We need to accept the fact that this world is not a perfect place to live in. There are scoundrels out there who want nothing but to gain no matter what it costs. People then should be vigilant enough to know how to avoid being a victim of this insensitive act. Here are some tips that may help identify scoundrels in this business. Avoid people who make too many promises People who are in the foreclosure stage want fast and effective remedy to their urgent problem. This is an opportunity for crooks to entice people to enter in a fraudulent transaction. When people come knocking at your doors claiming 100% assurance of AZ Loan Modification that will lower your principal by a large amount and slice down interest by a certain percentage, you have to be alarmed. Incredible claims are offered only by people who want to get something from. Avoid people who ask you for money before they do something Scammers usually want nothing but your money. They don’t want to help you in anyway. The first thing they would ask you to do is pay up an amount of money for them to start their AZ Loan Modification process. In the end they would tell you that there’s nothing they could do about your loan but they don’t offer refund. Avoid people who offer fast result AZ Loan Modification is a process and lenders usually take considerable time analyzing your application before they come up with a decision. If some people come to you and offer solution within a week or less, stay away from them because their out to get your money. Know the people you are dealing with There should be some ways to get information about the people you are transacting with. It would do you so much good if you will find out the intentions of the people you are dealing with. Make sure they have a good refutation and are known for their accomplishments in AZ Loan Modification. The last thing that you would want to do is to deal with people who would only put you into more trouble than what you already have. People with bad intentions are easy to recognize but it may require your tact and a little bit of investigation skills. About the Author: Are you worried about AZ Loan Modification ? Do you believe there’s nothing you can do? You need to know all of your options – you can be SAVED from foreclosure. Go to http://www.walkawaytoday.org to get your free e-course on understanding foreclosure and how you can avoid it! Source: www.isnare.com Permanent Link: http://www.isnare.com/?aid=366680&ca=Finances Continue reading
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Tagged dealing, easy, intentions, modification, money, payment, people, Short Sale Help, thing
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AZ Loan Modification Hardship Letter
By Stephen Michaels These days, people prefer to opt for home loan in order to find their new settlement. It’s all about a new home and people can simply opt for any sort of home loan that draws their attention. However, the loan industry is also offering enough home loan facilities and making things simpler for people while they are looking for money to get a new home. Zero down payment home loans are the best example for it. When this sort of home loan has been announced to the market a stream of people ran for it. But the end result for most of the people is not that good. Many of them have lost their home and some of them are on the way for home foreclosure. Why such situations occurred? Well, the basic reason for such drastic situation is the late repayment of mortgage. Some people were not in the sound financial condition to repay the loan amount and some of them have delayed the repayment. In both the scenario the interest rate went up. And with a hiked interest things will get tough for anyone when it’s all about repayment of mortgage. If you are also going through the same situation, then it’s time to opt for the AZ Loan Modification process. It’s the AZ Loan Modification that can bring you enough ease for the repayment of loan. However, in order to get eligible for the home AZ Loan Modification you will have to become eligible for it. There are ways and documentation process through which one can get the eligibility for the home AZ Loan Modification. The first step in this regard will be the AZ Loan Modification hardship letter. It’s the letter that can open the ways for you to grab a home AZ Loan Modification program so that you can save the home from a possible foreclosure. AZ Loan Modification hardship letter can explain the lender why you are going through a financial crisis phase and can ask for suggestions to get rid of such problem. There are several ways of writing a AZ Loan Modification hardship letter. But the effective ways are here: • Request for a AZ Loan Modification or reorganization of the whole thing • Request for a Short Sale Help to get rid of the anticipating foreclosure AZ Loan Modification hardship letter is the prime and the most important part for every loan application procedure. While opting for such way, the loan attorney will ask for other financial documents along with the AZ Loan Modification hardship letter. In this way your loan attorney will evaluate your financial condition and can go for the strong presentation for loan before the lenders. While writing a AZ Loan Modification letter there are few things that you need to keep in mind, as such elements will decide whether the lender will approve the loan or not! • Make it concise: Usually, lenders will spend five minutes to go through the hardship letter. Make it a single page note and avoid any sort of unnecessary details. Jot down those things that can make your case strong as well as they need to be relevant to your situation. • Be on to the point: Start writing the letter with the key purpose. In this way you can let the reader know what to expect. Offer some lines that can make the letter catchy as well as the reader can easily find out the prime reason. Use subsequent paragraphs to let the reader know other details. • Explain your hardship: Try to make sure that the Short Sale Problems you are facing are actually qualifying as a financial hardship. You have to convince the lender that there is no other way left for you to save your home from a foreclosure and you can find the financial suitability once they will approve the loan for you. Last but not the least you need to repeat your problem and requirement for the loan in the AZ Loan Modification hardship letter. But don’t make it frequent and be humble with the approach of your writing. Try these things and the success will be yours. About the Author: For more expert advice about a AZ Loan Modification Hardship Letter – visit my no nonsense AZ Loan Modification guide at: http://loan-mortgage-modification.net Source: www.isnare.com Permanent Link: http://www.isnare.com/?aid=397299&ca=Finances Continue reading
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Tagged foreclosure, hardship, home, interest, lender, make, people, problem, reader, Short Sale Help, sort, thing, ways
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The Bank’s View With a Phoenix, Arizona Short Sale Short Sale Help
By Reed Lattin There are many pieces to the Phoenix, Arizona Short Sale Short Sale Help process that must be executed well when attempting to save a homeowner’s credit and Short Sale Help their home. This article was written to highlight some of the more common responses from banks when negotiating an Arizona Short Sale Short Sale Help. Keep in mind that every bank has its own set of rules and policies. Moreover, strategies that work with some banks will not work with other banks. In other words, there is no exact science to getting a Phoenix Short Sale Help approved, but having the right Phoenix Short Sale Help team with real life experience will help greatly. One of the more common responses that I have heard from banks when attempting to negotiate an Arizona Short Sale Short Sale Help or Phoenix Short Sale Help is that the bank “will not negotiate and take a loss”. Obviously no bank wants to take a loss on a loan. Often times the bank will state that their written policy is not to negotiate with delinquent payments and or to agree with an Arizona Short Sale Short Sale Help. They will usually say that if the homeowner cannot continue to make payments on the home, then foreclosure is the only other option. These responses are much more common when the homeowner is not behind on payments and the Phoenix Short Sale Help agent initially contacts the bank. Banks will then assess the situation and see how dire the financial crisis is. In my opinion, if you attempt to negotiate a Phoenix Short Sale Help when your mortgage payments are current, odds are that the bank will say they won’t negotiate. I don’t blame them, in their eyes you are seen as a homeowner who can still financially afford the home. But on the other hand, I tend to see a different tone with banks when negotiating a Phoenix Short Sale Help when the homeowner is 3 months behind. The banks seem to realize that the financial crisis with the homeowner is legitimate and that there is no other option. Although being behind on payments can help with a Phoenix Short Sale Help, there are still banks who won’t negotiate at this point. But, within the last 6 months, I have noticed that more and more banks have become easier to deal with. In fact, many banks have done a noble job in reacting to the nation-wide financial crisis by adding more support staff for Short Sale Helps in Phoenix, Arizona Short Sale. Yet, there always seems to be a few banks that claim they still won’t approve a Phoenix Short Sale Help or take a loss regardless of the payment history. But, these same banks have instantly changed their policy in front of me when the homeowner has opted for bankruptcy. I have dealt with banks that claim the decision making is “out of their hands” all the way up to the point where word “bankruptcy” is mentioned. At this juncture, almost all banks have agreed a Phoenix Short Sale Help and taking some sort of loss with their loans. I am not advocating or recommending that a homeowner should intentionally fall behind on payments to increase the chances of getting a Phoenix Short Sale Help approved. Nor am I encouraging homeowners to file for bankruptcy in an effort to Short Sale Help their home. Before making any decisions regarding a Phoenix Short Sale Help or Arizona Short Sale Short Sale Help, please contact real estate attorney. About the Author: Reed Lattin is a Short Sale Help expert in Phoenix, AZ And owner of AllHomesAZ.com which offers Short Sale Help help AllHomesAZ.com-member of the Better Business Bureau Get Short Sale Help help at www.allhomesaz.com Contact Reed Lattin directly at 480-227-5214 Source: www.isnare.com Permanent Link: http://www.isnare.com/?aid=335906&ca=Real+Estate Continue reading
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Tagged Arizona, bankruptcy, common, loss, months, negotiate, real, reed, sale, won
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