March 15th, 2010 by Michael Oliver

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A HomePath eligible home is a Fannie Mae foreclosure property that Fannie Mae is trying to resell to get back their money for

This Home Is Currently For Sale As A HomePath Eligible Home

a property they lent on. As Fannie Mae is the largest lender on real estate in the world even a small percentage of foreclosures equals a lot of Homepath properties and homes for sale. In Tucson there are about 150 Homepath homes for sale at any given time most are in the $125k-$300k price range yet for first time buyers (or home buyers in general) a Homepath eligible home offers them a lot of incentives and benefits to buying one.

Foreclosure Homes Tucson, Tucson Foreclosures

March 12th, 2010 by Michael Oliver

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I have been watching the HUD Home segment of the Tucson housing market and one of the new listings that hit the market recently is a listing just off of

tucson homes, Tucson HUD Homes

March 10th, 2010 by Michael Oliver

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Tucson HUD homes are very low priced or cheap even in todays market. If you are a first time home buyer in Tucson, Marana, Sahuarita, Vail, Oro Valley, or Catalina

Current Tucson HUD Home For Sale For $112k!

buying one of the many HUD homes for sale in Tucson could be a large savings for you as they offer incredible upside as well as programs designed to help you buy and fix up (in some cases) these HUD Homes.

HUD Homes, HUD Homes Tucson Arizona, Tucson HUD Homes

March 8th, 2010 by Michael Oliver

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In a step to distance itself from competitors local Tucson home builder TJ Bednar has decided to install solar panels on all of its homes in two different neighborhoods. Homes in both of TJ Bednar’s new home neighborhoods of Vista Montana Estates and Lakeside Ridge will include solar systems that TJ Bednar says will provide all of the energy needed for the home and even be able to produce excess which would then be sold back to TEP.

new homes, Tucson new homes

March 5th, 2010 by Michael Oliver

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Northwest (NW) Tucson real estate is the largest segment of Tucson real estate accounting for close to 33% of all listings and homes sold. NW Tucson real estate offers

NW Tucson is the largest segment of Tucson real estate and continues to grow

many different neighborhoods and homes for sale. Depending upon price range and needs NW Tucson should be able to accommodate any housing want/ need as the homes for sale vary in size, type, style, and amenities. So what are the best homes for sale in Northwest (NW) Tucson? What neighborhoods are the most coveted and the best deals?

NW Tucson homes for sale, NW Tucson Neighborhoods

March 3rd, 2010 by Michael Oliver

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In going over the Tucson foreclosure housing market statistics (stats) it was interesting to see which way the foreclosure market is headed. I went through 3 different months last year and took a snapshot of what the market was doing at those points. The furthest I could go back was July of 2009 when the Tucson MLS made an input specifically for REO (also known as bank owned, or a foreclosure) so that those homes specifically could be sorted out and in my case tracked. With that being said these are 3 months over the past 8 to show where the Tucson distress/ bank owned home market segment is moving:

Foreclosure Homes Tucson, foreclosure statistics, Tucson Foreclosures

February 25th, 2010 by Michael Oliver

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The higher end of the Oro Valley foreclosure real estate market is seeing some nice listings come on the market. Recently I have seen

This Oro Valley Foreclosure Is Currently On The Market For $349,900

several high quality foreclosure homes within Oro Valley, these homes are newer and seem priced well considering the size and quality of them and the higher end neighborhoods in which they reside. Oro Valley Foreclosures are like a lot of other Tucson areas (including the foothills) where foreclosures are in almost every price range and home type. Oro Valley as a whole offers a smaller number of high quality move in ready foreclosure homes but has a high amount of short sales leading many to believe the supply of higher end foreclosures will be available for some time as the Oro Valley housing market is still in a recovery state.

bank owned homes Oro Valley, Oro Valley AZ, oro valley foreclosures, Oro Valley Real Estate

February 23rd, 2010 by Michael Oliver

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Buyers have many of new home options available to them within Rancho Sahuarita in Sahuarita Arizona. Over the past 2 years most of all of the new homes in Rancho Sahuarita have been re-tooled by there respective builders to allow them to build more home for the money. Richmond American, KB Home, and DR Horton rolled out brand new floor plans to compete in the ultr affordable segment of the Rancho Sahuarita market.

New Homes Rancho Sahuarita, Rancho Sahaurita

February 23rd, 2010 by Michael Oliver

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Rita Ranch is a popular master-planned neighborhood on the southeast side of Tucson along Houghton and Rita Rd. Homes in the neighborhood are always coming on and off the market as there is a constant demand for them. Rita Ranch is within the 85747 zip code. 85747 Homes are highly coveted due to there location close to DMAFB and access to I-10 as well as Tucson’s east side. The best deals in Rita Ranch however sell quickly as buyer’s quickly scoop them up. In todays market foreclosures, short sales, and sometimes individual sellers with equity are where the best deals on homes are at. In Rita Ranch some new homes are still available however they are just outside “Rita Ranch” yet in the same general area. Homes in Rita Ranch Start in the mid 100k’s and can range up in price to the low $300k;s depending upon the size and amenities.

Rita Ranch, Rita Ranch Homes

February 23rd, 2010 by Michael Oliver

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Getting ready to purchase a home is a exciting process.  Becoming a homeowner is one of the best feelings in the world.  Here are some things a VA borrower can expect on the road to being a First Time Home Buyer.  The VA loan was designed to help veterans become home owners with no money down.  The VA is not a lender, but they act as a mortgage insurance company that provides mortgage insurance to lenders who are approved to offer VA loans to veterans.  The VA has lending guideline in addition to the mortgage companies’ own guidelines.  Veterans must qualify for a VA loan;  just being a veteran does not automatically qualify you for a loan.

Buying a home using a VA mortgage, VA Loans