Mortgage Debt Forgiveness & the Insolvency Exclusion
Considering the all the foreclosures and short sales, taxation of debt cancellation continues to be a… [keep reading...]
No HOA? Restrictions May Still Apply…
By Andrew D. Lynch, Esq. By now, most Arizonans have become accustomed to HOAs and their role in residential… [keep reading...]
Short Sale Frequently Asked Questions
Well-planned short sales of Phoenix Arizona Homes may have significant advantages over foreclosures.… [keep reading...]
Unbelievable Deals!
There Has NEVER Been A Better Time To Buy A Home! • Seller Paid Closing Costs • Low Down Payments… [keep reading...]
What Every Real Estate Agent Needs to Know About Our Anti-Deficiency Laws When Representing a Short Sale Seller
by Dan Kloberdanz of Berens, Kozub & Kloberdanz, PLC Real estate agents representing a seller… [keep reading...]
Arizona Home Buyers: To Do, or NOT To Do?
Many potential buyers of Phoenix Homes for Sale are often unaware that many of their actions in other… [keep reading...]
Does Your Realtor Understand Short Sales?
In most situations, well-planned short sales of Phoenix Arizona Homes have significant advantages over… [keep reading...]
Low-balling: Should You Write a Low Priced Offer?
More than one time in your life you low-balled or offered an obscene low amount for an appliance, car,… [keep reading...]
CREDIT SCORE CONSEQUENCES IN FORECLOSURES & SHORT SALES
Q. How Long Does It Take For My Credit Score To Recover following a Foreclosure or Short Sale? … [keep reading...]
All Real Estate Posts
Mortgage Debt Forgiveness & the Insolvency Exclusion
Considering the all the foreclosures and short sales, taxation of debt cancellation continues to be a significant issue. There are many misconceptions regarding the tax consequences and still many concerned taxpayers. The tax consequences can be severe, so people need to make sure that they are educated on the issue. As a general rule, debt cancellation is a taxable event. But there are many exceptions … [Read More...]
No HOA? Restrictions May Still Apply…
By Andrew D. Lynch, Esq. By now, most Arizonans have become accustomed to HOAs and their role in residential subdivisions. Some people love HOAs, some hate them. Some people purposely seek out properties that are not in an HOA. The idea is that, without an HOA, the homeowner will only have to answer to the City. However, that is not always the case. It is not enough to ask whether a particular … [Read More...]
Unbelievable Deals!
There Has NEVER Been A Better Time To Buy A Home! • Seller Paid Closing Costs • Low Down Payments • Mortgage Payments Less Than Rent • LOW, LOW, LOW interest rates and LOTS of Fantastic Homes to Choose From! (**See examples of homes and monthly payments below**) What Are Closing Costs? Closing costs are fees incurred by a buyer during the purchase process. These fees typically … [Read More...]
CREDIT SCORE CONSEQUENCES IN FORECLOSURES & SHORT SALES
Q. How Long Does It Take For My Credit Score To Recover following a Foreclosure or Short Sale? A. This question is frequently asked of me at client meetings, so I know it must be on people's minds . We intuitively know that if we're delinquent on our mortgage, our credit score will be lowered. The question is, by how much? Until earlier this year, the answer was hard to come by. Credit … [Read More...]
10 Ways to Save Money Right Now
Financial Fitness Series By Peter Sorrells You can put these ideas into practice right away, and you’ll see the benefits within a few days to a few weeks. Read on – you’ll see how easy and fun it is to get control of your money. It just takes a little bit of success – a little pile of money collecting in a jar or a savings account – to fire up your motivation and keep moving forward. The … [Read More...]
Short Sale Frequently Asked Questions
Well-planned short sales of Phoenix Arizona Homes may have significant advantages over foreclosures. Indeed, a close look at the Phoenix MLS shows a relatively high percentage of short sales among all Phoenix Homes for Sale. There are many questions to ask as you go through the short sale process. Here a few frequently asked questions about Short Sales: 1. How do I qualify for a short sale … [Read More...]
What Every Real Estate Agent Needs to Know About Our Anti-Deficiency Laws When Representing a Short Sale Seller
by Dan Kloberdanz of Berens, Kozub & Kloberdanz, PLC Real estate agents representing a seller of a short sale home need to have a basic understanding of the scope of Arizona’s anti-deficiency laws. Otherwise, as we continue to see, agents are allowing their clients to put themselves in worse position by concluding short sale transactions. Also, agents should know the basic potential tax … [Read More...]
Jamie Thompson | Broker
Welcome to The Thompson Group! Our team is here to help you buy or sell your Arizona home. We specialize in the Phoenix area including Chandler, Gilbert, Mesa, Scottsdale and Tempe. Contact us today to get started. About Jamie Thompson: Born and raised in South Carolina, Jamie Thompson finished school at the University of Auburn with a Bachelors of Science in Aerospace Engineering. As … [Read More...]
Angela Visockis | Licensed Asst.
Born and raised in West Michigan Angela attended Trinity Christian College just outside of Chicago where she received a Bachelor of Arts Degree. After graduation she moved out to Arizona for an employment opportunity and quickly fell in love with the Sonoran Desert. She misses the Great Lakes and will always be a Michigan girl at heart but considers Arizona “home”. Working a full time job while … [Read More...]
