Uncategorized
A must read if you are facing foreclosure!
July 20, 2010 by Chris · Leave a Comment
Check in with us next week, we will be interviewing a foreclosure lawyer via video. We will be asking the key questions that cover what you will want to know when facing foreclosure and how to protect yourself. Chris Morrison is a Central Phoenix Real Estate Agent. His team has successfully helped hundreds of families [...]
Phoenix homes now undervalued by 22%
July 12, 2010 by Chris · Leave a Comment
A frequent leader of late on the negative side of housing stats, Phoenix avoided the top spot among offenders on IHS Global Insight’s analysis of overvalued housing markets during the real estate bubble. And as of year-end, home prices here were undervalued by more than 22 percent, according to the data released Friday. “The metro areas of [...]
Fast evictions hurt Phoenix homeowners during foreclosure.
July 12, 2010 by Chris · Leave a Comment
Homes that fall into foreclosure in Phoenix are sold at a public auction. The highest bidder becomes the new owner. The former owner then has to move out. Departing owners have five days under Arizona law to vacate the property. But in the overheated foreclosure market that has come in the wake of the metropolitan [...]