Deanna Thompson's blog

In an effort to continue stabilizing home values and improve conditions in communities that have had high foreclosure activity - the Anti Flipping regulations have been waived through 2012.

NO lender fees for FHA Streamline Refinance Until to January 17, 2012. 
CALL 602 993-0000 NOW to do a FHA Streamline Refinance in Arizona.

• NO Appraisal Required
• 640 Minimum FICO score
• Income Documentation not required

Rates are at an all time low!  CALL NOW!
 

Call 602 993-0000 NOW to do a FHA Streamline Refinance in Arizona.  HURRY!   
*NO Appraisal Required
*640 Minimum FICO score
*100% maximum CLTV
*Income Documentation not required

At 7 pm....Hudson and Marshall is holding a foreclosure auction sale on Sept. 1, 2011 at the Doubletree / Paradise Valley Resort in Scottsdale - 5401 N Scottsdale Road, Scottsdale, AZ 85250.   The properties will be available for viewing on Saturday, August 27 to Sunday, Aug. 28th from 1:00 to 3:00 pm.

You can view available properties:   www.hudsonandmarshall.com

Be sure to be pre qualified prior to bidding:  APPLY NOW or call 602 993-0000

HUD has proposed to decrease the FHA loan limit in Maricopa County from the current loan limit of $346,250 to $271,050 on October 1, 2011.  Here are the proposed limits for other counties in Arizona:
Apache County: From $281,250 to $271,050
Coconino County:  From $450,000 to $333,500
Gila County:  From $325,000 to $271,050
Maricopa County:  From $346,250 to $271,050
Mohave County:  From $322,500 to $271,050
Navajo County:  From $308,750 to $271,050
Pima County:  From $316,250 to $271,050

Fannie Mae announces 3.5% buyers assistance to use towards your closing costs in Arizona on HomePath foreclosure Houses available for sale until October 31, 2011.

HUD announced the the FHA Monthly Mortgage Insurance rates will increase for all case numbers issued on April 18, 2011.

The Annual Upfront Premiun will remain the same at 1%.  Here is the breakdown on the monthly premiums:

Fannie Mae announces 3.5% buyers assistance to use towards your closing costs in Arizona on HomePath Houses available for sale From Aril 11, 2011 until June 30, 2011.

So on a $150,000 house that's $5,250 towards your closing costs!  Also, there is a 15 day period on new listings that only owner occupied purchasers are allowed to make offers!

Other benefits of this program for owner occupants:

3% down payment - low down payment required!

You may qualify if your credit is less than perfect

Arizona has issued a NEW Pre qualification Letter. 

CLICK HERE to see a sample of the new Pre Qualification Letter in Arizona

OR CLICK HERE to get your own pre Qualification Letter