My Phoenix Real Estate News & Community Updates
Realtor Language and Jargon
The other day I found myself writing an email to someone working in one of our transactions. This way neither the buyer nor seller, so I used an abundance of "Realtorese" to convey the message. My … [continued]
FHA Mortgage With Low Credit Score
Wells Fargo is now providing FHA mortgages to borrowers with credit scores as low as 500. Under this new bank policy, Wells Fargo will accept consumers with credit scores of 500-579 if those borrowers … [continued]
FIRPTA Exemption
What are the exemptions to FIRPTA? If property is owned by a US Citizen or Resident Alien (green card holder) there is no FIRPTA withholding required. If seller is a foreign person there can be an … [continued]
