There's no set rule. You should check your credit scores to see how they've recovered. If they're already back into the 660+ range, then you should be able to get a good refinance rate. If not, then you should continue waiting. You can always speak with a loan originator to confirm your current situation.... more
If you are serious about renting a home in Phoenix I can help you find one in a good area for a good price. Just give me a call.
Jose Dias, REALTOR
jose at MyFirstHouseAZ.com... more
My favorite magazine for the Valley is Phoenix Magazine. IMO the best local dining/food blog out there is Chow Bella (FB, Twitter & PHX NT). Phoenix Home and Garden snd AZ Foothills Magazine are two great lifestyle magazines.... more
To refinance you will most likely need to be 80% or less Loan To Value. So the value would be the current appraised amount. You would need to know what your current appraised value is to see where you stand.
A good loan officer can advise you on the current loan programs available to you base on your LTV.
Best of luck!... more
Hello - What is the address? I'm more than happy to send you additional information. I can send you a list of all available rentals in the area if you are interested. Just send me a quick email and let me know exactly what you are looking for, price range, tentative move date, etc. I look forward to hearing from you.
Realtor | Realty ONE Group
Fair market value is defined by what a Seller is willing to sell for and what a Buyer is willing to pay for a property. So if the property sold for $310,000 then that was that properties fair market value. If a loan was obtained and an appraisal done then that would support what the seller and buyer had agreed to by way of what was happening in the neighborhood at that time.
If you are looking for what the comps were three years ago then you would have to look at the appraisal to see what the appraiser was taking into consideration at the time.
Are you looking for current value in order to make a comparison? Are you looking to sell your property now? Give me a call and I can help you with that 602-405-8924.... more
Actually no! We have been experienced unusually LOW inventory until August and we now see a very stable set of listings on the market. Most of those still on the market are typically overpriced or needing work and buyers are tending toward the fully remodeled properties as we had so many investors come in for the fix and flip. The short sales and Foreclosures have slowed dramatically. in fact the reports are showing our foreclosure numbers below 2005! One of the reasons we are not seeing another dip is that our housing values have increased in the last 18 months as much as 35% in some areas. I had a seller that I met in March of this year expecting to do a short sale, and since timing was not critical to her, I recommended she wait a bit. We just closed her home last week and she closed RECEIVING a check instead of having a short sale on her record!
Melissa Schwartz, e-Pro
Realty ONE Group... more
the mortgage payment is separate from what the hoa monthly dues are
usually condos hoas can run from 150 and up have seen them here in Arizona as high as 399
and they could be higher
202 sounds to me like a hoa fee not the mortgage
you did not show what was the address you were asking about so can say for sure what it is
thanks have a great day... more