Kristin’s Phoenix Real Estate Update – December 2011

I know you have been anxiously awaiting the latest Phoenix real estate update, so here it is! As 2011 draws to a close, we are seeing some continuing signs of true recovery in the Phoenix real estate market despite the gloom and doom that some “media experts” continue to report. That being said, according to one Wall Street expert, we are not quite in recovery but in the stage just before. And a little holiday gift from Fannie Mae, Freddie Mac and other major lenders for those homeowners with pending foreclosures.

Fannie Mae stubborn for no reason

East Valley Team member Dean Ouellette talks about how short sale deal almost dies dozens of times because of Fannie Mae.

If this short sale deal was a cat it would have been dead a long time ago, this had way more than nine lives. So many times we heard no on this deal and so many times Fannie Mae refused to help up. They fought us on many aspects of this deal for for months. In the end, they agreed with us, but had wasted hundreds of man hours.

Coffee Talk: All aboard the Fannie Mae foreclosure train

Kristin LaVanway talks about Fannie Mae foreclosures

East Valley Team member Kristin LaVanway talks about Fannie Mae, increased foreclosures and addendum. [Read more...]

Coffee Talk: Fannie Mae reneges on counter, drives me to drink

Fannie Mae reneges on counter

East Valley Team member Dean Ouellette talks about how Fannie Mae reneged on a counter offer after buyer accepted. [Read more...]

Coffee Talk – East Valley market may not reflect national numbers and Fannie Mae rant

East Valley Short Sale: New FHA short refinance unlikely to help you

East Valley Team member Dean Ouellette talks about how the national numbers may not reflect East Valley real estate conditions and how Fannie Mae is costing you and me money. [Read more...]

How long do I need to wait after I do a short sale before I can buy another house?

How long do I need to wait after I do a short sale before I can buy another house?

Wondering how long after a short sale before you can buy a home? [Read more...]