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Down Payment Assistance

Down Payment Assistance

by Ed & Barbara Heiser | Sep 29, 2018 | Home Buying Process, Mortgage Approval Process, Mortgage Closing Costs, Mortgage Payments, Mortgage Programs, Mortgage Rates

The following chart is provided as a summary of the basic qualifying features of the most popular Arizona Down Payment Assistance programs.  These programs are made available to help responsible Arizona home buyers who struggle to save for a down payment buy a home...

HOA Hurdles to be Aware of When Looking at New Properties

by Ed & Barbara Heiser | May 11, 2018 | Home Buying Process

A Home Owner Association (HOA) can have a huge impact on your life when you buy a home in a PUD (Planned Unit Development) or Condominium Project. According to Wikipedia: A homeowners’ association (abbrev. HOA) is an organization created by a real estate...

How Do Mortgage Companies Value A Property That Has Not Been Built Yet?

by Ed & Barbara Heiser | May 11, 2018 | Real Estate Appraisals

It’s obviously easier to picture the process of estimating value on an existing property in a neighborhood that has a history of home sales, but the task of determining the value on new construction projects does pose some challenges. Appraisals on homes that...
8 Questions Your Lender Should Answer About Mortgage Rates

8 Questions Your Lender Should Answer About Mortgage Rates

by Ed & Barbara Heiser | May 11, 2018 | Mortgage Rates

Simply checking online for today’s posted rate may not lead to your expected outcome due to the many factors that can cause each individual rate and closing cost scenario to fluctuate.We can preach communication, service and education all day long, but...

Understanding the Difference Between an Appraisal vs Neighborhood Listing Prices

by Ed & Barbara Heiser | May 11, 2018 | Real Estate Appraisals

Why is there such a difference between what my appraised value is and the price similar homes are selling for on my street? It’s a great question, and you don’t have to be a mortgage professional or a real estate agent to understand the answer. The distinction lies in...
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