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Short Sale: Investor Opportunity

by Nate Martinez

As a RE/MAX agent with a CDPE designation, I can help you navigate the short sale process as an investor. Call me today to learn more!

Arrowhead Ranch HUD Home

by Nate Martinez

Arrowhead Ranch HUD Home
Located in the heart of Arrowhead Ranchin Glendale, Arizona this beautiful, 3 bedroom, 2 bath HUD Home could be yours for the bargain value price of $141,000.

Arrowhead Ranchis one of Glendale's best master-planned communities. Boasting top-rated schools, walking and biking paths, the newly renovated Arrowhead Country Club and championship Golf Course designed by Arnold Palmer all make Arrowhead Ranch a great choice for any lifestyle. Conveniently located near shopping, dining and the 101 Loop.

This could be your view!
  

To learn more about this Arrowhead Ranch HUD Home for sale, please call me at 602-942-7000 or you can send an email to Nate@NatesHomes.com. To learn more about HUD Homes for sale, please visit HUD Homes on my website. To receive a FREE list of HUD Homes for sale, please send me an email at Nate@NatesHomes.com.

Understanding Obama's Mortgage Refi Plan

by Nate Martinez

Understanding Obama's Mortgage Refi Plan

On Monday, October 24th, President Obama announced plans to improve eligibility rules for homeowners who need to refinance their home loans to lower monthly payments. With interest rates at historical lows, it makes sense for homeowners to take advantage of the decreased interest rates. Obama hopes by changing the requirements for the Home Affordable Program that approximately 1 million homeowners will be able to qualify.

Understanding Obama’s mortgage refi plan:

In 2009 the HARP Program was put in place to allow homeowners to refinance their mortgage at a lower rate without having to meet the traditional 20% equity requirement. Under the current HARP guidelines, many borrowers have been unable to qualify for the program because in most cases, they are underwater by 25% or more in some areas. In addition to the negative equity, homeowners have also been unable to afford the costs associated with refinancing.

Changes to the HARP rules:

1.)    Fees to participate in the program will be waived.

2.)    Eligibility will not be contingent upon how far the home values have fallen.

Who can qualify for HARP?

1.)    Homeowners with a loan backed by Fannie Mae or Freddie Mac can qualify for HARP refinance.

2.)    Homeowners must be current on their mortgage.

When do the changes take effect?

We could see the changes take effect as early as December 1st of this year. In addition, the HARP Program will be extended through 2013 to allow more homeowners the opportunity to qualify.

President Obama hopes that if homeowners can lower their monthly mortgage expense they’ll be more likely to stay current on their payments and avoid foreclosure. They are estimating an average annual savings of $2,500 per household. He also hopes that the additional money they will be saving will help them spend on other things, which could provide a boost to the overall economy. Obama stated on Monday during his press conference, he realizes that aiding the housing market requires much more than a refinance plan.

If you would like to learn more about your home values or to learn how you can take advantage of Obama’s mortgage refi plan, please call or email us today.

Source: “A Guide to Administration’s New Mortgage-Refi Plan,” The Associated Press (Oct. 24, 2011) and “Refinancing Plan Won’t Help Housing Market Much,” CNNMoney (Oct. 24, 2011)
Daily Real Estate News, Tuesday, October 25, 2011

Glendale's Best? Please Vote!

by Nate Martinez

Glendale's Best? Please Vote!

It is that time of year again, when Arizona Foothills' Magazine ranks the Best of our Valley companies...and Realtors! I have been nominated as one of Glendale's Best but I need your help.

Please take a quick minute to vote for me as Glendale's Best Realtor.  As always, myself and my team greatly appreciate all our clients for their continued support and referral business. We could not do this without you! Thank you for helping me be one of Glendale's Best Realtors!

I thank you in advance for your vote(s). Have a great weekend.
-Nate

PS voting is opening until November 30th and you can vote as many times as you want. Tell your friends! Vote here.

Need a helping hand?

by Nate Martinez

Need a helping hand?

If the market and your mortgage have tossed you a curve, please know that you are not alone. 

  • 6.3 million homeowners are in some stage of foreclosure
  • 10.9 million or 22.5% homeowners with a mortgage owe more than the property is worth
  • one foreclosure lowers the value of neighboring properties by 9%
A foreclosure is an alternative BUT there are better choices available. A foreclosure stays on a credit report for 7-10 years. Don't become a part of the statistics - if you or someone you care about is facing a possible foreclosure, please call me before you make that final decision. 
As a Certified Distressed Property Expert, I can help you navigate through the available solutions. Please visit my website to receive my Need a Helping Hand free report.
www.AZShortSaleResource.com 

Side Job?

by Nate Martinez

Side Job?

Myself and my team work 100% full time in the real estate business so we can help you buy or sell a home with confidence that you are making a good decision. Don't let this happen to you - there is a reason RE/MAX agents out perform the competition. If you or someone you know is ready to make a move, call me today!

Free Fridays!

by Nate Martinez

FREE Fridays! 

It's FREE Friday again! Don't miss out on your opportunity to receive a FREE copy of the current HUD Homes for sale in Maricopa County. Myself and my team have the knowledge and experience you need to navigate through the HUD Home buying process. There are some great incentives available for home buyers - don't wait - call me today!

To learn more about HUD Homes and the bidding process, please check out my website onHow to Buy a HUD Home. If you are in the market to buy or invest, you don't want to miss out on HUD Homes in our market!

To receive your FREE copy of the current HUD Home list, please email me at Nate@NatesHomes.com or you can call us at 602-942-7000. Properties are selling fast! Don't wait to check out the awesome deals available on FREE FRIDAYS!

Your Graceful Exit

by Nate Martinez

Your Graceful Exit

Today, I have the pleasure of attending an event put on by the the Making Home Affordable Program. The US Treasury Department was there to help answer the real questions about the foreclosure alternatives. As a CDPE Realtor, I make it a point to stay abreast of current, relevant and important facts about the market conditions which impact my clients.

It was an insightful and informative seminar and I would like to share what I learned if you or someone you know might be facing the possiblity of a foreclosure. There are options and a short sale maybe your graceful exit. Don't wait to ask for help - I look forward to hearing from you soon.

Need Help Making Your Mortgage?

by Nate Martinez


Need Help Making Your Mortgage?
Come to the Help for Homeowners Community Event on Wednesday, October 12th, 2011

If you or someone you know is struggling to make their monthly mortgage payments, than you may want to attend this free event hosted by Making Home Affordable on Wednesday, October 12th from 2:00pm to 7:30pm. If you can no longer stay in your home or you've been turned down for a loan modification, than you don't want to miss this opportunity to learn more about the foreclosure alternatives available to you.

Homeowners will have the opportunity to meet face-to-face with loan servicers and housing counselors. If you are interested in attending this event, please note you will need to bring the following documents with you:

*Income documentation or 2 months recent pay stubs
*2 most recent bank statements
*Evidence of mortgage trouble
*List of monthly expenses
*Last 2 years of tax returns
*Utility bill showing your name and property address
*Any documentation you have received on loan modification or request for mortgage assistance

Wednesday, October 12th, 2011
2:00pm to 7:30pm
Phoenix Convention Center
100 North Third Street
Phoenix, AZ 85004

For more information on this event, please call my office at 602-942-7000. We will be happy to attend the event with you to assist you with any questions you may have.

Move-In Ready HUD Home!

by Nate Martinez

Move-In Ready HUD Home!

Located in Goodyear, Arizona, this lovely HUD Home is MOVE-IN Ready!! Over 1,700 square feet with 3 bedrooms, 2 full baths, formal living and dining rooms plus a large family room that over looks the cozy kitchen. All for a fantastic price! Move-In Ready at $80,000.

Every Friday, HUD posts a new list of current HUD Homes for sale - if you are interested in receiving a copy of this FREE list of HUD Homes, please call 602-942-7000 or you can email me directly at Nate@NatesHomes.com. There is no obligation or strings attached!

To learn more about the HUD Home buying process, please visit How to Buy a HUD Home. There are lots of Move-In Ready HUD Homes for sale - don't miss out, call me today!

 

 

Displaying blog entries 1-10 of 12

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Nate Martinez
RE/MAX Professionals
20241 North 67th Avenue, Suite A1
Glendale AZ 85308
623-643-1010
602-430-5226
Fax: 602-532-7352

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