News for Prescott AZ - AmericanTowns.com

Friday, August 27, 2010

Mortgage Tidbits and Pondering Change

 

 

MORTGAGE TIDBITS...

  • If the closing costs exceed 5% of the loan amount (Reg Z rule) the loan just became "high cost", said another way; denied! I have a 3 page excel spreadsheet detailing what does and doesn't count in the 5%. Bottom line, watch the small loans!
  • Home equity lines of credit (HELOC)...remember them? If a person has a home equity line of credit on their primary residence and they are purchasing a 2nd home or investment property, SOME, not all, investors take 1% of the high credit limit, regardless of balance or payment and use the 1% as their qualifying payment. I had a borrower this week that this issue made a difference between a $2000 vs.. a $10,000 payment!
  • Speaking of HELOC's, if someone has a heloc and they are going to draw on it to purchase a 2nd or investment home, they CAN NOT write the check from the line and bring it to the title company! There is NO seasoning, but the funds have to come from the heloc to their checking account, clear and then to the title company. Think about it...the line isn't really cash, it is a loan and until you take out the loan and it clears it isn't cash to close with. Awe..these &*(*& rules!

 

I Offer the Following Home Financing Options

  • Home Path Loans, 3% Down
  • Manufactured Home LoansFHA & Conventional Financing
  • Investor "Flip" Loans
  • Conventional Loans
  • FHA Loans
  • VA Loans up to $1.5 MILLION!
  • Jumbo Loans
  • Second / Vacation Home Loans

To Change or Not to Change...Ponder This Question

Only 5% of the human race believes in transformation. Simple math then says that 95% of us want, in many ways and at different times, our life to show up different. Yet we don't believe in change. Fair to say one then has to believe that doing the same things over and over will change that which one doesn't like in their life...that's called stress and frustration!

The ONLY certainty in life is CHANGE. Resist it (whatever "it" is) and it persists, lien into it, accept what is showing up in one's life and you open the door to change.

The initial change process, one has to ask themselves two questions. One, how teachable are you? One has to challenge their past values and beliefs. Not from a right or wrong space, rather from a space of being open to see how and where one's values where formed. Secondly, how open to change are you? One has to be open to change in order to be teachable.


Jim Hostler
Senior Mortgage Loan Consultant

Lenders Direct
a division of Gateway Business Bank

Direct: 928.225.7418
Email: JHostler@elendersdirect.com

Fax: 928.527.7943

NMLS #6410200021

 

 

This is not the opinion of Brad Bergamini, Realty Executives Northern Arizona or any of its affiliates.  This post is for informational purpose only and is not guaranteed and does not render as legal advice.  Buying and selling Real Estate in Arizona or Prescott Arizona is a serious task and should be consulted with personally with Realtor or Real Estate Attorney.  Please visit my website for contact information

http://bradbergamini.com or http://everythingprescott.com

 


Monday, August 23, 2010

Market Update Dodd Frank Financial reform

From my friend Dan Shaw at  Peoples 928.710.9146 cell 480.248.1199  fax

dshaw@peoplesmortgage.com

LO-0914346

 

Back to school, back to work and dreaming of that vacation time. I hope summer has been good to you. Seems it  has been a very “business dry” summer but home sales seem to be picking up a little. Sales still seem to mainly be around or below $100,000 and many are investors and cash. Many of the lot sales around our area seem to be speculators. This could actually be a good sign. Cutting edge investors tend to lead and create a market. It is the uneducated investors chasing results that screw up a market.

On the economic side, economists are predicting a double dip recession in much of the country. On a positive note, the dreaded double dip list of cities and states seems to over look Arizona. I mean really, how much more of a recession could we take? I looked at the map and am intimately familiar with one of the cities targeted for the double dip. Missoula Montana, as some of my friends and loyal readers know, is the home of my oldest son Adam, who just graduated from the University of Montana Law School. So I have spent some time there and looked at homes. Missoula doesn’t seem to have been as severely hit with economic downfall over the past few years. They have had much new commercial expansion which has created new(minimum wage) jobs in a relatively low income area. So perhaps they are due to join the rest of us now? Well that business growth sounds good? But not so if you are looking to create jobs for a city! When setting a plan for cities and states to grow their job market and create new jobs,  you need a good mix. Our past Governor, Janet (don’t blame me the border was safe when I was in Arizona)Napolitano, took credit for creating a lot of jobs. Unfortunately, they were largely minimum wage jobs with Walmart, and Kohl’s expansions. To be economically sound a city or state needs to create a good mix of minimum wage jobs and high income jobs. The high income employees, tend to support, the arts, theaters, education, sports, dining etc, which in turn creates more jobs. Is everyone with me on this? Let’s recap. People with money, tend to have more discretionary income which they bring to the economy. If we tax these people to death, they won’t have as much to spend. Nuff said?

If I hear one more person say we need money for education, I am going to scream! A friends daughter told me yesterday, that her college Spanish book for this semester at ASU….one book, cost $200. Why? Why is there not a revolt against the universities. As tax payers we fund millions of dollars each year to the universities in this state who in turn take advantage of our kids. I went to ASU and Grand Canyon, both for business, want to know what I learned?  They screw you at the universities! Someone needs to slash their funding and let them work as the huge business entities that they have become. If they go under, so be it. We have the University of Phoenix, and others.

This week, we had a very important ruling for loan officers. The Dodd – Frank financial reform Act (which is kind of redundant, knowing those two) takes Yield Spread Premium away from loan officers for pricing.

 

The Federal Reserve Board on Monday announced final rules to protect mortgage borrowers from

unfair, abusive, or deceptive lending practices that can arise from loan originator compensation

practices. The new rules apply to mortgage brokers and the companies that employ them, as well as

mortgage loan officers employed by depository institutions and other lenders.

Today, lenders commonly pay loan originators more compensation if the borrower accepts an

interest rate higher than the rate required by the lender (commonly referred to as a "yield spread

premium"). Under the final rule, however, a loan originator may not receive compensation that is

based on the interest rate or other loan terms. This will prevent loan originators from increasing their

own compensation by raising the consumers' loan costs, such as by increasing the interest rate or

points. Loan originators can continue to receive compensation that is based on a percentage of the

loan amount, which is a common practice.

 

Now while this sounds heroic in theory, this was a method used buy loan officers to help buyers and realtors. Yield Spread Premium or YSP is often used to help pay for fees involved in a loan that could not be paid for by the buyer. Let’s first explain how loan officers get paid. For our example, a customer asks  for a rate quote and receives a 5%(1.375YSP) or a 4.75%(.375YSP) with one point. In both cases the loan officer is trying to earn 1.375% of the loan amount. The 5% rate offered (for our example) means the lender will pay 1.375% to the loan officer for doing the loan. If the loan officer works for a bank the bank will typically keep most of that, up to 70%. A loan officer working for a Broker or lender other than a bank will keep about 60 to 70%. So the customer is offered options of a lower rate with a point, or a higher rate with no points.

Where this bill misses the mark, is with loans where the borrower may not have enough money to pay the closing costs. Let’s use an example of VA which is becoming more popular as troops return. A Vet is not allowed to pay regular fees from the lender or the title company. However, those fees still exist as neither are non profit organizations. Lenders in the past, will use a higher rate which allows the loan officer to make more YSP. Using our example above the loan officer may quote a rate of 5.25%(1.875YSP) In turn that extra YSP is used to pay for fees the Vet cannot pay for. Without YSP the sellers will now have to bare that cost for Vets. See where I am going? Not many sellers are going to be very happy about paying a couple thousand dollars in extra fees, and will most likely will pass on offers from buyers using a VA loan. It will make the practice of asking the seller to pay closing costs, more common. Now let’s think about that. Who are most of the sellers…..you got it …Banks! How many banks seem willing to help with closing costs? Are you still with me. And if you are thinking this doesn’t effect you, YSP was also used to hide the fees in the “no cost loans”.

This is a poorly written bill. Barney Frank is almost single handedly responsible for the disaster we are living with in real estate today, and in my opinion needs to find one of those jobs at Kohl’s or Walmart.

I hope you all have a great week full of sales and should you or your customer need help with financing please pass along my name and number.

 

 

This is not the opinion of Brad Bergamini, Realty Executives Northern Arizona or any of its affiliates.  This post is for informational purpose only and is not guaranteed and does not render as legal advice.  Buying and selling Real Estate in Arizona or Prescott Arizona is a serious task and should be consulted with personally with Realtor or Real Estate Attorney.  Please visit my website for contact information

http://bradbergamini.com or http://everythingprescott.com

 

 

Weekly Rate Lock Advisory

 

Rate Lock Advisory - Sunday Aug. 22nd



This week brings us the release of five relevant economic releases for the bond market to watch in addition to two relatively important Treasury auctions. There is no relevant data or news expected to be released tomorrow, so look for the stock markets to heavily influence bond trading and mortgage rates until we get to the factual economic reports.

July's Existing Home Sales will open the week's data late Tuesday morning. The National Association of Realtors will release this report, giving us a measurement of housing sector strength. It covers approximately 85% of home sales in the U.S., but usually does not have a major influence on bond trading and mortgage rates unless it varies greatly from analysts' forecasts. It is expected to show a decline from June's sales, meaning the housing sector is still softening. This would be good news for the bond market and mortgage rates because a weak housing sector makes a broader economic recovery difficult.

The Commerce Department will post July's Durable Goods Orders early Wednesday morning, giving us an important measure of manufacturing sector strength. This data tracks orders at U.S. factories for big-ticket items, or products that are expected to last three or more years. A much weaker reading than the expected 0.5% rise that is expected would indicate that the manufacturing sector is not as strong as thought. This would be good news for bonds and should lead to lower mortgage rates Wednesday morning.





Also scheduled for release Wednesday is July's New Home Sales data. This report is the least important release of the week. It will give us another indication of housing sector strength and mortgage credit demand, but only tracks approximately 15% of all home sales. It usually doesn't have a major impact on bond prices or mortgage rates unless it varies greatly from forecasts.

Friday is another multi-release day with the first rev ision to the 2nd Quarter Gross Domestic Product (GDP) and the University of Michigan Index of Consumer Sentiment both scheduled for release. The GDP is the total of all goods and services produced in the U.S. and is considered to be the best measurement of economic activity. This reading is the second of three that we see each quarter. Last month's preliminary reading revealed that the economy grew at an annual rate of 2.4%. Friday's revision is expected to show that the GDP actually rose only 1.4%. A larger than expected downward revision should help lower mortgage rates Friday, especially if the inflation portion of the release does not get revised higher. There will be a final revision issued next month, but it probably will have little impact on mortgage rates.

August's revision to the University of Michigan's Index of Consumer Sentiment is also due Friday morning. It helps us track consumer willingness to spend and is expected to show little change from August's preliminary reading of 69.6. If it revises lower, consumers were less confident about their personal financial situations than previously thought. This would be good news for the bond market and mortgage rates because waning confidence usually means that consumers are less likely to make large purchases in the near future.

Also worth mentioning are a couple of Treasury auctions that may affect bond trading and mortgage rates this week. The two most important are Wednesday's 5-year Note and Thursday's 7-year Note sales. Results of this week's auctions will be posted 1:00 PM ET each day. If investor interest is strong in the auctions, we can expect the broader bond market to rally and mortgage rates to move lower. However, lackluster demand could lead to bond selling and higher mortgage rates Wednesday and Thursday afternoons.





Overall, we will likely see the most activity in rates Tuesday morning, but Wednesday and Thursday ar e also fairly important. If we manage to get weaker than expected results in the key reports and the auctions go well, we should see mortgage rates close the week lower than tomorrow's opening levels. But stronger than expected results in the economic reports and disappointing results in the Treasury sales will most likely lead to rates moving higher this week.

If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Lock if my closing was taking place between 8 and 20 days... Lock if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now... This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed to be in the best interest of all/any other borrowers.

©Mortgage Commentary 2010

 

This is not the opinion of Brad Bergamini, Realty Executives Northern Arizona or any of its affiliates.  This post is for informational purpose only and is not guaranteed and does not render as legal advice.  Buying and selling Real Estate in Arizona or Prescott Arizona is a serious task and should be consulted with personally with Realtor or Real Estate Attorney.  Please visit my website for contact information

http://bradbergamini.com or http://everythingprescott.com

 

 

Economic Roundup: August 23, 2010

 

 

 


In the News

Topping last week's financial news was the increase in unemployment claims. The Department of Labor reported that for the week ending August 14, the advance figure for seasonally adjusted initial claims for unemployment insurance was 500,000, a disappointing increase of 12,000 claims from the previous week's revised figure of 488,000. This was the highest that claims have been in nine months.
 
Explanations for the jump included increasing layoffs of state and local government workers, as well as an increase in discharges of military personnel and the layoff of temporary U.S. census workers. Regardless of the explanations, the numbers point to continued employment difficulties for the nation.
 
On the positive side, the nation could be slowly escaping the recession, according to the latest Leading Economic Index (LEI) data from the Conference Board. The U.S. LEI increased 0.1 percent in July to 109.8, following a 0.3 percent decline in June, and a 0.5 percent increase in May.
 
The LEI comprises 10 key measures of the economy, such as average weekly hours worked; average weekly initial unemployment claims; manufacturers' new orders; building permits for private housing; prices on 500 different stocks; and the money supply. As an index, these measures can help signal peaks and declines in the economy. Naturally, the increase, however slight, was welcome news.
 
"The indicators point to a slow expansion through the end of the year," says Ken Goldstein, economist at the Conference Board. "With inventory rebuilding moderating, the industrial core of the economy has moved to a slower pace. There appears to be no change in the pace of the service sector. Combined, the result is a weak economy with little forward momentum. However, the good news is that the data do not point to a recession."
 
"The LEI is growing at its slowest pace since mid-2009 and it has been essentially flat since March," added Conference Board economist Ataman Ozyildirim. "However, the index is still well above pre-recession levels and the CEI remains on a rising trend that began in late 2009."
 
That said, the new housing market is still shaky, with building permits for new housing in July at a seasonally adjusted rate of 565,000, which was down 3.1 from the revised June rate of 583,000. Authorizations for single-family homes in July were at a rate of 416,000, which is 1.2 percent below June's revised figure of 421,000.
 
Likewise, starts on construction for single-family homes in July were at a rate of 432,000, 4.2 percent below June's revised figure of 451,000. Overall starts for all types of private housing were up 1.7 percent from June, which was encouraging, but below most real estate watchers' expectations.
 
This week, monitor the financial news for coverage of existing home sales (August 24) from the National Association of REALTORS®; orders for durable goods (August 25) and new home sales (August 25) from the Census Bureau; gross domestic product (August 27) from the Bureau of Economic Analysis; and consumer sentiment (August 27) from the University of Michigan.
 
 

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Mark Ott

Loan Officer

W.J. Bradley Mortgage Capital Corp.

Office: 928-775-9330

NMLS: 189552

License: BK-0903998

mark.ott@wjbradley.com

www.wjbradleyaz.com

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Building a
Secure Future

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Equal Housing Lender. 2010 W.J. Bradley Mortgage Capital Corp., 201 Columbine Street Suite 300, Denver, CO 80206. Phone #303-825-5670. Trade/service marks are the property of W.J. Bradley Mortgage Capital Corp. This is not a commitment to lend. Restrictions apply. All rights reserved. Some products may not be available in all states.

AZ License # BK-0903998; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act RML# 4131002; To check the license status of your CO Mortgage Broker, visit www.dora.state.co.us/real-estate/index.htm; Florida Mortgage Lender license #ML.100000098; Georgia Residential Mortgage Licensee, License No. 20233; ID Mortgage Broker License No. MBL-2803; IL Residential Mortgage Licensee – License #MB.6760738, 201 Columbine Street, Suite 300, Denver, CO 80206; MI First Mortgage License No. FL0011392; Mississippi Mortgage Lender License #4298/2009; MN Residential Mortgage Originator License No. 20447094; NV Mortgage Banker License No. 2061; NV Mortgage Broker License No. 504; NM Mortgage Loan Company and Loan Broker Act Reg. No. 01856; OK Mortgage Broker- License No. MB001365; OR Mortgage Lender License No. ML-776; TN Mortgage Company Registration Certificate No. 3629; TX Mortgage Banker Reg. No. 74182; UT Mortgage Lender Company License No. 5495659-MLCO; Vermont Broker License #0995MB; Vermont Lender License #6141; WA Consumer Loan License No. CL-3233; Wisconsin Mortgage Banker License No. 699991..

 

 

Inside Lending Newsletter From Theron Wall

 

Inside Lending from Theron Wall

visit my website     email me now

Theron Wall

Theron Wall
Branch Manager
3615 Crossings Dr, Suite A
Prescott, AZ 86305
Phone: (928) 778-7167
Mobile: (928) 533-7473
Fax: (928) 445-5308

Wallick & Volk Mortgage

For the week of August 23, 2010 – Vol. 8, Issue 34

>> Market Update 

INFO THAT HITS US WHERE WE LIVE  Housing starts were UP 1.7% for July to a 546,000 annual pace, but this was below expectations and all the gain came from a big boost in multi-family starts. Single-family starts were off 4.2%, declining for the third straight month. Looking at the market further out, we saw new building permits down 3.1% for July to a 565,000 annual rate.

There is no denying that these reports reflect a softness in the home building market. But some experts see the data as part of a temporary housing market hangover following the expiration of the tax credits. You may remember how the government cash-for-clunkers program pushed a ton of auto sales into July and August last year. This resulted in a dip in sales immediately afterwards. But that was followed by a pretty nice recovery, with auto sales now up 20% from the first half of 2009. Stay tuned for housing.

The Mortgage Bankers Association's weekly survey showed purchase loan applications down from the week before, but refinance applications soared, equaling their May 2009 level. Mortgage rates, of course, continue at historically low levels. 

>> Review of Last Week

NOT SO BAD... Really???!!! Listening to the pundits who were fixated on last week's negative economic news, you might think things were awful. But as usual, the situation actually wasn't so bad, with the markets closing Friday with mixed results. The Dow and the S&P 500 dropped for the week, but far less than the week before. And the third major index, the Nasdaq, was UP 0.3%, so there are plenty of investors not paying that much attention to fretful pundits.

Make no mistake, the week did have its disappointments. The housing starts and building permits covered above were not cheered on Wall Street. Then, initial weekly jobless claims came in at 500,000, a bit over estimates and higher than they've been for a while. On top of that, the Philadelphia Fed index of manufacturing was down for the month, instead of up as expected, indicating a souring of the outlook in that region.

But wait just a minute. Mortgage refinancings took off, helping consumers and lenders. The Empire State index showed manufacturing in the New York region UP to 7.1 in August from 5.1 in July and suggesting more rapid growth to come. July Industrial Production and Capacity Utilization moved up nicely. Corporations continued to deliver strong profits and we even had renewed M&A action, with Intel buying McAfee for a cool $7.7 billion in cash. None of these are bad economic signs. 

Yet for the week, the Dow ended down 0.9%, to 10213.62; the S&P 500 was down 0.7%, to 1071.69; but the Nasdaq was UP 0.3%, to 2179.76.


The bond market had a generally decent time of it, with the less encouraging economic data bringing in safe haven investors. Treasuries did well, while the FNMA 30-year 4.0% bond we watch ended down 13 basis points on Friday, closing at $102.15. Freddie Mac's weekly survey of conforming mortgage rates showed national average rates at historically low levels for yet another week. 

>> This Week’s Forecast

JULY HOME SALES, ANOTHER LOOK AT Q2 GDP...This is the week for July housing. Tuesday's Existing Home Sales are expected to be down from June, coming off the end of the home buyer tax credits. But Wednesday's July New Home Sales could be a tick above June. Friday we get the Q2 GDP Second Estimate. This should reflect the economic soft patch we're going through, as growth is expected to slow to the 1.5% territory.

>> The Week’s Economic Indicator Calendar

Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.

Economic Calendar for the Week of August 23 – August 27

 Date

Time (ET)

Release

For

Consensus

Prior

Impact

Tu
Aug 24

10:00

Existing Home Sales

Jul

4.78M

5.37M

Moderate

W
Aug 25

08:30

Durable Goods Orders

Jul

2.5%

–1.2%

Moderate

W
Aug 25

10:00

New Home Sales

Jul

339K

330K

Moderate

W
Aug 25

10:30

Crude Inventories

8/21

NA

–0.818M

Moderate

Th
Aug 26

08:30

Initial Unemployment Claims

8/21

485K

500K

Moderate

Th
Aug 26

08:30

Continuing Unemployment Claims

8/14

4.515M

4.478M

Moderate

F
Aug 27

08:30

GDP – Second Estimate

Q2

1.4%

2.4%

Moderate

F
Aug 27

08:30

GDP Deflator – Second Estimate

Q2

1.8%

1.8%

Moderate

F
Aug 27

09:55

Univ. of Michigan Consumer Sentiment – Final

Aug

69.4

69.6

Moderate

 

>> Federal Reserve Watch   

Forecasting Federal Reserve policy changes in coming months  Economists haven't changed their belief that the Fed meant what it said in its pledge to keep rates "exceptionally low" for an "extended period." That period is now seen to extend well into next year. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.

Current Fed Funds Rate: 0%–0.25%

After FOMC meeting on:

Consensus

Sep 21

0%–0.25%

Nov 3

0%–0.25%

Dec 14

0%–0.25%


Probability of change from current policy:

After FOMC meeting on:

Consensus

Sep 21

     <1%

Nov 3

     <1%

Dec 14

     <1%

 

This e-mail is an advertisement for Theron Wall. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice, or a commitment to lend. Although the material is deemed to be accurate and reliable, there is no guarantee of its accuracy. The material contained in the newsletter is the property ofWallick & Volk Mortgage and cannot be reproduced for any use without prior written consent. It is designed for real estate and other financial professionals only. It is not intended for consumer distribution. The material does not represent the opinion of Wallick & Volk Mortgage. BK 0018295




Equal Housing Lender  

 

This is not the opinion of Brad Bergamini, Realty Executives Northern Arizona or any of its affiliates.  This post is for informational purpose only and is not guaranteed and does not render as legal advice.  Buying and selling Real Estate in Arizona or Prescott Arizona is a serious task and should be consulted with personally with Realtor or Real Estate Attorney.  Please visit my website for contact information

http://bradbergamini.com or http://everythingprescott.com

 

 

Saturday, August 21, 2010

FHA Changes and from Motivation to Inspiration

 

FHA CHANGING MORTGAGE INSURANCE PREMIUM STRUCTURE

Currently FHA's up front mortgage insurance premium is 2.25% of the loan amount. A $150,000 loans up front mortgage insurance premium would be $3,375. It is customary to finance this amount on top of the intial loan amount. Then there is an annual premium that is remitted on a monthly basis. For the 3.5% down payment program the rate is 55 basis points or one-half of one percent. That equates to $68.75 per month.

Effective on all new case numbers October 4th, the up front mortgage insurance premium goes to 100 basis points or 1%, significant drop. However, the annual premium increases to between 85-90 basis points...almost double. And this monthly amount is calculated in the debt ratio, as the up front premium is not. Bottom line, the increased monthly fee is going to disqualify some borrowers. In the above $150,000 scenario, the monthly premium of $68.75 would go to $112.50...ouch. That is over a 60% INCREASE!

Let's see...and the government says they want to help people buy homes and strengthen the economy  They must still be on the new math thing!

 

I Offer the Following Home Financing Options

·         Home Path Loans, 3% Down

·         Manufactured Home Loans: FHA & Conventional Financing

·         Investor "Flip" Loans

·         Conventional Loans

·         FHA Loans

·         VA Loans up to $1.5 MILLION!

·         Jumbo Loans

·         Second / Vacation Home Loans

From Motivation to Inspiration

If you are like me, I have spent thousands of dollars and thousands of hours in "motivational" workshops, tapes and books. Only to find out it worked only as long as I was "plugged in" to the workshop, tape or book. Motivation is an outside energy that you get "juiced" by but it lives only as long as the stimulus "out there" is there.

If you desire to find what really inspires you, think for a moment..the longer, deeper the thought process on this, the greater the rewards...think about the quality or guidance you did NOT receive growing up or feel like it is lacking, missing or you didn't get enough of in your life. However you phrase the question such that is works for you is the point. Now take that word or phrase and create a positive action statement. For me, for example, there was very little communication in my life. From this awareness, I created my statement, "I excel and teach others how to communicate powerfully and peacefully". Now THAT inspires me! Inspiration comes from within...I can always, anywhere and at anytime connect with this statement and become inspired.

Now...use your statement as the context of the how and WHY of your business. CAUTION: Doing so may cause increase in business or even a change in professions!



Jim Hostler
Senior Mortgage Loan Consultant

Lenders Direct
a division of Gateway Business Bank

Direct: 928.225.7418
Email: JHostler@elendersdirect.com

Fax: 928.527.7943

NMLS #6410200021

 

 

This is not the opinion of Brad Bergamini, Realty Executives Northern Arizona or any of its affiliates.  This post is for informational purpose only and is not guaranteed and does not render as legal advice.  Buying and selling Real Estate in Arizona or Prescott Arizona is a serious task and should be consulted with personally with Realtor or Real Estate Attorney.  Please visit my website for contact information

http://bradbergamini.com or http://everythingprescott.com

 


 

Friday, August 20, 2010

Weekly Hot Sheet :: 8/20/2010

 

 

WEEKLY EDITION

8/20/2010

 

Do you know a buyer for any of these homes?
This hot sheet contains new virtual tours in or near zip code "86301".

 

 This Week's Hot New Virtual Tours 

 

RESIDENTIAL

 

RESIDENTIAL

 

RESIDENTIAL

 

 

 
$225,000
3 beds, 3 baths
2485 N Leah Ln
Prescott, AZ 86301

Lynn Stone
 
Century 21 Arizona West

POSTED: 08.19.10
 

 

 
$479,000
3 beds, 2 baths
1364 Winfield Circle
Prescott, AZ 86301

Mike & Toni Sitterly
 
HOME SMART Fine Homes and Land

POSTED: 08.19.10
 

 

 
$119,000
2 beds, 1.75 baths
721 WHETSTINE
Prescott, AZ 86301

The Nancy Thompson Team
 
Keller Williams Check Realty

POSTED: 08.19.10
 

 

RESIDENTIAL

 

RESIDENTIAL

 

RESIDENTIAL

 

 

 
$899,000
4 beds, 2.5 baths
2820 Vista Pines Trail
Prescott, AZ 86303

Kathleen Yamauchi
 
Kathleen Yamauchi Group Real Estate

POSTED: 08.18.10
 

 

 
5 beds, 4 baths
606 Windsong
Prescott, AZ 86303

Andrea McIntyre
 
Windermere Real Estate - Northern Arizona

POSTED: 08.18.10
 

 

 
$334,900
3 beds, 2 baths
1695 VALLEY RANCH ROAD
Prescott, AZ 86303

Karen Winton
 
Realty Executives, Northern Arizona

POSTED: 08.18.10
 

 

RESIDENTIAL

 

RESIDENTIAL

 

RESIDENTIAL

 

 

 
$229,000
2 beds, 1.75 baths
1615 Roadrunner South
Prescott, AZ 86303

Andrea McIntyre
 
Windermere Real Estate - Northern Arizona

POSTED: 08.17.10
 

 

 
2 beds, 3 baths
782 Hideaway
Prescott, AZ 86303

Ann Howell & Kathi Loesche
 
Windermere Real Estate - Northern Arizona

POSTED: 08.13.10
 

 

 
$379,000
3 beds, 2.5 baths
5860 Goldenrod Way
Prescott, AZ 86305

Kathleen Yamauchi
 
Kathleen Yamauchi Group Real Estate

POSTED: 08.18.10
 

 

RESIDENTIAL

 

RESIDENTIAL

 

RESIDENTIAL

 

 

 
$239,900
2 beds, 1.75 baths
111 Gurley Place
Prescott, AZ 86305

Mary Ashworth
 
Red Arrow Real Estate

POSTED: 08.13.10
 

 

 
$379,900
3102 W Crestview Drive
Prescott, AZ 86305

Sam & Ada Lewin, The Lewin Team
 
A1 Property Management LLC

POSTED: 08.13.10
 

 

 
$600,000
6 beds, 4.5 baths
14042 Thunderbird Road
Prescott, AZ 86305

Cynthia Eastman
 
Hassayampa Realty Services

POSTED: 08.13.10
 

 

RESIDENTIAL

 

RESIDENTIAL

 

RESIDENTIAL

 

 

 
$595,000
4 beds, 4 baths
10730 N. Knolls Ct.
Prescott Valley, AZ 86314

Stanley Pawchuk
 
USA Real Estate, LLC

POSTED: 08.19.10
 

 

 
$195,000
4 beds, 3 baths
4279 N Bonita Way
Prescott Valley, AZ 86314

Paul Schneider of Re/Max Mountain Properties
 
RE/MAX Mountain Properties

POSTED: 08.19.10
 

 

 
$284,900
3 beds, 2 baths
1247 N Lucky Draw Dr
Prescott Valley, AZ 86314

John and Terri Chase
 
Windermere Real Estate Arizona

POSTED: 08.13.10
 

 

RESIDENTIAL

 

RESIDENTIAL

 

RESIDENTIAL

 

 

 
$166,200
4 beds, 3 baths
521 N. Mercado Street
Dewey-Humboldt, AZ 86327

GWEN BRINDLEY
 
Windermere Real Estate- Northern Arizona

POSTED: 08.13.10
 

 

 
$182,500
3 beds, 2 baths
7364 E Scenic Way
Prescott Valley, AZ 86315

LeAnn Carver
 
Bella Terra Realty

POSTED: 08.19.10
 

 

 
$299,000
3 beds, 2 baths
7400 N Park Crest Lane
Prescott Valley, AZ 86315

Cathy Murphy
 
The Janus Real Estate Company

POSTED: 08.17.10
 

 

ACREAGE

 

RESIDENTIAL

 

RESIDENTIAL

 

 

 
$124,500
3 beds, 2 baths
9105 S. Steven Trail
Wilhoit, AZ 86332

Alysia Carlin, Realtor
 
Red Arrow Real Estate

POSTED: 08.18.10
 

 

 
$89,500
2 beds, 2 baths
420 N. Railroad
Chino Valley, AZ 86323

Susan West
 
RE/MAX Mountain Properties

POSTED: 08.19.10
 

 

 
3874 N Reed Rd
Chino Valley, AZ 86323

The Integrity Group
 
Windermere Real Estate - Northern Arizona

POSTED: 08.19.10
 

 

RESIDENTIAL

 

LOTS AND LAND

 

 

 
$264,500
3 beds, 2.5 baths
1533 E Sierra Dr
Cottonwood, AZ 86326

Robert Witt
 
Prudential Northern Arizona Real Estate

POSTED: 08.13.10
 

 

 
$2,935,000
Spring Creek Ranch - Phase 3
Spring Creek Ranch, AZ 86325

Elisa Andreis
 
Russ Lyon Sotheby's International Realty-Sedona

POSTED: 08.18.10
 

 

 

This is not the opinion of Brad Bergamini, Realty Executives Northern Arizona or any of its affiliates.  This post is for informational purpose only and is not guaranteed and does not render as legal advice.  Buying and selling Real Estate in Arizona or Prescott Arizona is a serious task and should be consulted with personally with Realtor or Real Estate Attorney.  Please visit my website for contact information

http://bradbergamini.com or http://everythingprescott.com

 

 

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