The Monaghan Group

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Real Estate Agent - The Monaghan Group - DRE #BR526609000
Some thoughts on Arizona real estate from one agents perspective

ARCHIVED BLOG POSTS

2009 

Foreclosure is hard on everybody involved, the person facing it, their families, the neighborhood the home is in, the bank tha is loosing the loan and the loss associated and so on. I was going through the tax records in my area and noticed a home for sale in my subdivision, it was purchased in 2...
04/26/2009
Keep calling your lender. As time is going by the government is encouraging the lenders to be more accommodating to past due borrowers, even though they may have said no before but may have some options now. Look at all your expenses and cut them back This is very important, you will need to let ...
04/26/2009
I signed up for Twitter a while back and for the life of me i cant figure it out, i don't know how to post to it, how to get it working on my blackberry or more to the point why? what is the attraction? do we have such a short attention span that all we can use is 140 characters not a blog or wha...
04/26/2009
Let your lender know. The longer you deny it the worse it will become, There are a number of new programs out there that will assist you and the banks are getting much more understanding. Get your papers organized Get all your paperwork in order, the original closing documents, any paperwork on r...
04/26/2009
It was with great sadness that I read in the recent Phoenix Business Journal that one of the oldest and most southwestern of our valley hotels is scheduled to be foreclosed on July 9th, in the same article it also stated that Starwood hotels and resorts are not renewing their management agreement...
04/26/2009
We have a home in escrow, it is a bank owned home, in pretty good condition but requires some small items. The buyer purchased the home with a Conventional loan through Countrywide (to become Bank of America home loans tomorrow), the loan goes through underwriting and comes back with a list of re...
04/26/2009
(from ARMLS for past 30 daysResidential sales only) ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERTThese numbers mean there is currently only 4.89 months of inventory(Active listings divided by sold listings!!!!) ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT   Activ...
04/26/2009
Due to the mass foreclosures (bank owned homes) being sold and given the damages that are coming in on all the various reports and inspections, the banks are now starting to take a hard look at how to minimumize the vast amount of repair expenses they are encountering.  Right from the start the b...
04/11/2009
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Andrew Monaghan

CRS, GRI, EPro Associate Broker
local_phone(602) 308-4660
smartphone(602) 541-9416
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