Down Payment Assistance Blog

Get the latest updates on down payment assistance in Arizona.

Home Inventory Shortages Continue

Inventory shortages will be a big concern for buyers going into home shopping season. There’s a lot of demand from homebuyers, and a low supply of homes available to buy to soak it up. In fact, there are 2.6 percent fewer homes for sale this year than last year and what is for sale is […] READ MORE

8 Reasons Not to Pay Off Your Mortgage

Have you ever thought what if I won the lottery?  Or what if I had a million dollars?  I’m sure we’ve all thought about what we might do if we had a landfall of money; we might take an extravagant vacation, buy a new car, pay off outstanding debt, but did we also think we […] READ MORE

REFINANCING: WHAT ARE YOUR OPTIONS?

Whether you bought a house five years ago or 15 years ago you may be ready to refinance your mortgage. Refinancing has its perks.  First you should consider why you would like to refinance.  Refinancing your home mortgage loan can be very beneficial for a lot of homeowners. Some of the reasons you might consider […] READ MORE

Decluttering Your Home

Do you often find yourself looking for something missing only to come across it in a pile of clutter afterwards?  It’s no wonder.  Did you know that the average household has over 300,000 items in it? I am a very organized individual, but I remember someone once saying to me, that just because all of […] READ MORE

How to Finance a Tiny House

Over the past several years we have seen an increasing trend in what enthusiasts are calling the Tiny House Movement.  Folks are giving up their 2,000 to 5,000 sq. ft. homes and minimizing their lifestyles to fit into 500 sq. ft. homes or smaller. The idea is to give up paying on a mortgage for […] READ MORE

What is Carried Interest in Real Estate?

During the second presidential debate both Hillary Clinton and Donald Trump agree on one thing: Managers of private equity funds should pay ordinary tax rates on their carried interest.  Both Clinton (“I’ve been in favor of getting rid of carried interest for years”) and Trump (“one thing I would do is get rid of carried […] READ MORE

An Alternative to Paying Tax Today — 1031 Exchange

Looking to hold onto the proceeds from the sale of an investment, but agree to pay the tax later?  That’s exactly what real estate investors can do when they defer taxes with a 1031 Exchange. What Is a 1031 Exchange? Simply put, a 1031 exchange is a method of deferring the tax on capital gains […] READ MORE

Questions to ask before choosing your new home

So you’ve decided to buy a new house. Maybe you’re moving to a new city, or maybe just a new part of town. Maybe you’ve come to a crossroads in your life and decided it’s time to take the homeownership leap. Before you even think about shopping around, you have to decide what means the […] READ MORE

The Four Most Important Mortgage Documents

I remember when I was buying my first home and the mortgage loan officer walked into the office with a stack of papers about five inches high.  My initial thought was; do I have to sign each one of those documents?  Back then (yes, I realize I might be giving my age away here) the […] READ MORE

What’s public record when you sell a home?

Real estate transactions are public record, accessible to anyone wanting information on a parcel. Available information includes value, sales history, square footage, improvements and ownership. The county recorder and the county tax assessor’s offices maintain real estate databases. The county recorder’s database includes all recorded transactions, such as mortgages and other liens, while the tax […] READ MORE

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