Thursday, June 25, 2015

In the middle of a purchase? Please read!

The latest lending requirements are designed to protect buyers, the lending industry and the real estate market.  This can mean a complicated loan application process for buyers of which they have very little control.  Empower yourself and your clients - Discuss the five most common mistakes that can put loan approval at risk.  Potential risks most often are uncovered right before closing and after everyone has loaded up the moving truck.  Take time to educate your clients before the loan application begins.

  DO NOT CHANGE YOUR MARITAL STATUS - How you hold title is affected by your marital status. Be sure to make both your lender and the title company aware of any changes in your marital status so that documents can be prepared correctly.

  DO NOT CHANGE JOBS - A job change may result in your loan being denied, particularly if you are taking a lower-paying position or moving into a different field. Don’t think you’re safe because you’ve received approval earlier in the process, as the lender may call your employer to re-verify your employment just prior to funding the loan.

  DO NOT SWITCH BANKS OR MOVE YOUR MONEY TO ANOTHER INSTITUTION - After the lender has verified your funds at one or more institutions, the money should remain there until needed for the purchase.

  DO NOT PAY OFF EXISTING ACCOUNTS UNLESS YOUR LENDER REQUESTS IT - If your Loan Officer advises you to pay off certain bills in order to qualify for the loan, follow that advice. Otherwise, leave your accounts as they are until your escrow closes.

  DO NOT MAKE ANY LARGE PURCHASES - A major purchase that requires a withdrawal from your verified funds or increases your debt can result in your not qualifying for the loan. A lender may check your credit or re-verify funds at the last minute, so avoid purchases that could impact your loan approval.

Things to do inside stay cool, friends


Events 

The Piano Man 
Fri. 06/26, 5:30pm
Arizona Broadway Theatre, Peoria
Billy Joel and Elton John come to life in this multimedia tribute starring the voice and piano multimedia tribute starring the voice and piano.
more info   map 

Big Fish: A New Musical 
Fri. 06/26 & Sat. 06/27, times vary
Tuscany Theatre, Gilbert
Overflowing with heart and humor, Big Fish centers on Edward Bloom, a traveling salesman who lives life to the fullest. $15
more info   map 

Audubon Arizona's Urban Naturalist Adventures Series: Camp Colley 
Fri. 06/26 - Sun. 06/28, 7am
Nina Mason Pulliam Rio Salado Audubon Center, Phoenix
Rediscover the delights of summer cap with s'mores, tent cabins, dining in the mess hall, hiking, swimming, and much more. $100
more info   map 

Beautiful Games: American Indian
Sport and Art
 
Fri. 06/26 - Sun. 06/28, times vary
Heard Museum, Phoenix
"Beautiful Games" examines the historic and modern role of sports in tribal communities, and the American Indian athletes who've made a home for themselves in professional sports.
more info   map 

The Wizard of Oz 
Sat. 06/27, times vary
Hale Theater, Gilbert
Rediscover the real story of Oz in this fantastic musical treat for the entire family. $16-$28
more info   map
 

Insomniac Night Trail Run Series 
Sat. 06/27, 7pm
Estrella Mountain Regional Park, Goodyear
Escape the heat of the summer, and explore the desert at night. $45-$85
more info   map 

Dom Irrera 
Fri. 06/26 - Sun. 06/28, times vary
StandUpLive, Phoenix
Nominated six times for an American Comedy Award, Dom Irrera's stand-up material was honed in a multi-generational Italian household. $20
more info   map 

Art Studio: Creative Expression 
Fri. 06/26 - Sun. 06/28, 10am-3pm
Children's Museum of Phoenix
Kids can work on various art projects under the direction of resident artists. $11
more info   map 

Street Food 
Sat. 06/27, 9am
Indulge Culinary Academy, Goodyear
Learn how to prepare various street foods from around the globe from street tacos to satay. $65
more info   map 

Desert Botanical Garden Flashlight Tour 
Sat. 06/27, 7pm-9pm
Desert Botanical Gardens, Phoenix
Flashlight tours are a sensory experience where you will see, hear, and feel the desert night.
more info   map
 


           
             
 
        Find Parks to Explore this Summer     
Movies 
 
Home showtimes and ticketsIn Theaters Rated
MaxPG

Ted 2
     
         R
Me and Earl and the Dying GirlPG-13

New DVD Releases
 
   Rated

Critics Say
Survivor  PG-13     
The Forger R   
The GunmanR   
Sports 
 
Arizona Diamondbacks
   

@ Padres 
06/26 @ 7:10pm 
06/27 
@ 7:10pm
06/28 @ 1:10pm
MLBN  
 
Schedule
 
 
Arizona Rattlers


@ Los Angeles Kiss 
06/27 @ 7:00pm
Schedule
 
 
 
Phoenix Mercury

    
 
@ Minnesota Lynx 
06/27 @ 5:00pm
FSAZ
Schedule
NASCAR


 

Toyota-Save Mart 350 
Sonoma Raceway
06/28 @ 12:00pm
Schedule  
 
 
 
PGA TOUR

  
 
              Travelers
              Championship
 
              Cromwell, CT
              06/25-06/28 @
              times vary
              Golf Network
              Schedule
MLS
 

Major League Soccer 
Schedule 
ESPN
 
 
Weather 
 
 Friday 
Clear 
 
111º/77º
Saturday 
Clear  
110º/77º
Sunday 
Clear 
   108º/77º 
  


        

Thursday, June 18, 2015

Happy Father's Day Keep him busy :)

Events 

Sushi Making 101 
Fri. 06/19, 6pm
Indulge Culinary Academy, Goodyear
This class will show you the step-by-step process of how to prepare a variety of hand rolls, as well as a Japanese Soup. $85
more info   map
 

Dad's of Comedy 
Fri. 06/19, 7:30pm 
Tempe Center for the Arts
Annual comedy show put together by comedians who are also Dad's, a gift of laughter for Father's Day.
more info   map 

2015 Olympic Day 
Sat. 06/20, 9am
Performance One Advanced Sports Training, Mesa
The day will consist of introductory courses in the sport of weight lifting. There will be National level athletes giving demonstrations.
more info   map 

Sound of Music Anniversary Concert 
Sat. 06/20, 4pm
Fountain Hills Presbyterian Church
A celebration of the 50th anniversary of the family classic "The Sound of Music" performed by the Fountain Hills Community Chorus.
more info   map 

Love the One You're With 
Sat. 06/20, 7pm
Renaissance Theater at Pebble Creek. Goodyear
A salute to Crosby, Stills, Nash, and Young starring Five Way Street. $25
more info   map 

Fred Astaire Dance Studio Presents: General Dancing & Professional Show 
Sat. 06/20, 8pm
Scottsdale Resort & Conference Center
The spotlight will be on American-themed music as the dance professionals delight you with exciting and uplifting performances. $25
more info   map 

Mesa Arts & Crafts Festival 
Sat. 06/20, 10am
Main and N Macdonald, Mesa
This crafts festival features woodworking and metal crafts, jewelry, art, photography and much more.
more info   map 

Tempe Dance West Recital 
Sun. 06/21, 3pm
Chandler Center for the Arts
Enjoy the hard work and dedication of the dancers as they share what they have learned this year. $12-$18
more info   map 

Father's Day Buffet 
Sun. 06/21, 11:30am-1pm
Organ Stop Pizza, Mesa
Enjoy a Pizza buffet and a concert on the Mighty Wurlitzer with your dad. $10-$12
more info   map 

Father's Day Run 
Sun. 06/21, 7am
Rio Vista Community Park, Peoria
All ages are welcome to participate. Awards will be given to the overall male and female winners. $10-$25
more info   map 


              

         
Movies 
 
Home showtimes and ticketsIn Theaters Rated
Inside outPG

San Andreas
    
     PG-13

I'll See You in My Dreams
 
 PG-13 

New DVD Releases
 
   Rated

Critics Say
Welcome to Me R     
Time Lapse NR   
Unfinished BusinessR   

Sports 
 
Arizona Diamondbacks
   

vs Padres 
06/19 @ 6:40pm 
06/20 
@ 7:10pm
06/21 @ 1:10pm
MLBN  
 
Schedule
 
 
Arizona Rattlers


vs Orlando Predators 
06/20 @ 5:00pm
Schedule
 
 
 
Phoenix Mercury

    
 
vs Connecticut Sun 
06/19 @ 5:00pm
@ Seattle Storm
06/21
 @ 6:00pm
FSAZ
Schedule
NASCAR


 

Toyota-Save Mart 350 
next week
 
Schedule  
 
 
 
PGA TOUR

  
 
             U.S. Open 
             University Place, WA
             06/18-06/21 @
             times vary
             Golf Network
             Schedule
MLS
 

Major League Soccer 
Schedule 
ESPN
 
 

Weather 
 
 Friday 
Clear 
 114º/83º
Saturday 
Clear  
113º/84º
Sunday 
Clear 
   111º/84º 
  


        

what's brewing in FHA? 6//18/15

FHA's Lower Premiums Boost Loan Demand
Recent actions by the FHA to reduce its mortgage insurance premiums is giving its loan volume a major boost, particularly with a "significant uptick in refinancings," Julian Castro, Department of Housing and Urban Development Secretary, said before the House Financial Services Committee. The FHA was on track to also reach its 2% statutory capital minimum within two years. FHA is required by law to have at least 2% in capital reserves, but was at 0.41% as of November last year.
Read article - Realtor Magazine

Thursday, June 11, 2015

What can you do this weekend? here you go 6/11/15

Events 

Into the Woods 
Fri. 06/12 - Sun. 06/14, times vary
Herberger Theater Center, Phoenix
This TONY Award-Winning musical is enchanting and touching, bringing everyone's favorite storybook characters together for a timeless pace. $20-$39
more info   map 

Sci-Fi Friday 
Fri. 06/12, 6pm
Downtown Mesa
Sci-Fi Friday will feature over 50 artists, live bands, sweet treats, food booths, a costume contest, and a showing of Wreck-it Ralph.
more info   map 

Summer Beach Party 
Fri. 06/12, 10pm
Arizona Event Center, Mesa
The biggest indoor beach party in the valley, featuring music, food, drinks, contests, prizes and more. $10
more info   map 

Sesame Street Live: Let's Dance 
Fri. 06/12 & Sat. 06/13, times vary
Mesa Arts Center
Sesame Street Live invites the audience to dance with all their favorite Sesame Street friends. $11-$60
more info   map 

Made in the Shade Beer Tasting Festival 
Sat. 06/13, 1pm-5pm
Pepsi Amphitheater, Flagstaff
Arizona's longest running, and most popular craft beer tasting event featuring over 80 breweries, live music, vendors, and entertainment. $15-$90
more info   map 

Lights, Camera, Action! 
Sat. 06/13, 2pm
Desert Vista High School, Phoenix
Center Pointe Dance presents its 12th annual showcase. The show features performances inspired by popular movies throughout the years. $15
more info   map 

Stand Up & Shout Charity Comedy Night 
Sat. 06/13, 7:30pm-11pm
Hotel Valley Ho, Scottsdale
Stand Up and Shout Comedy Night benefits Blessings in a Backpack. A non-profit organization providing food on the weekends to elementary school children who might otherwise go hungry. $85
more info   map 

Queen Creek Festival 
Sat. 06/13, 5:30pm
Horseshoe Park, Queen Creek
Browse 15-25 food trucks, 20-50 boutique vendors, and enjoy live music.
more info   FB   map 

Compagnia T.P.O Bleu! 
Sun. 06/14, 11am
Scottsdale Center for the Performing Arts
An interactive performance for children using dance, music, and cutting-edge digital technologies. $14-$29
more info   map 

Peter Frampton & Cheap Trick 
Sun. 06/14, 7pm
Talking Stick Resort, Scottsdale
See both of these world-class acts take the stage and perform new, and classic hits. $50
more info   map 


              
 
         Best Picnic Areas in Phoenix
Movies 
 
Home showtimes and ticketsIn Theaters Rated

Jurassic World

PG-13

Beyond the Mask
    
       PG

Insidious: Chapter 3
 
 PG-13 

New DVD Releases
 
   Rated

Critics Say
The Squeeze PG-13     
Project Almanac PG-13   
The DuffR   

Sports 
 
Arizona Diamondbacks
   

@ Giants 
06/12 @ 7:15pm 
06/13 
@ 4:15pm
06/14 @ 1:05pm
MLBN  
 
Schedule
 
 
Arizona Rattlers


@ Portland Thunder 
06/12 @ 7:00pm
Schedule
 
 
 
Phoenix Mercury

    
 
@ Indiana Fever 
06/12 @ 4:00pm
vs Minnesota Lynx
06/14
 @ 12:00pm
FSAZ
Schedule
NASCAR


 

Quicken Loans 400 
Michigan International Speedway
06/14 @ 10:00am 
 
Schedule  
 
 
 
PGA TOUR

  
 
             FedEX St. Jude Classic 
             Memphis, TN
             06/12-06/14 @
             times vary
             Golf Network
             Schedule
MLS
 

Major League Soccer 
Schedule 
ESPN
 
 

Weather 
 
 Friday 
Clear 
 102º/77º
Saturday 
Clear  
103º/78º
Sunday 
Clear 
   104º/79º 
  


        

Thursday, June 4, 2015

Are you waiting to buy? Read below!

The article, Realtor.com: Waiting to buy a home could cost tens of thousands, from www.housingwire.com, reports that with interest rates and home prices expected to climb in the next year, the financial penalties of delaying or forgoing a home purchase in today’s market have become very steep, according to the inaugural Opportunity Cost Report released today by realtor.com. The report examines a wide range of factors, including the long-term financial impact of owning versus renting a home, the likely monetary gain renters forego in waiting to buy and the financial benefits of homeownership by market. “Current market conditions give buyers the opportunity to build substantial wealth in the long-term, compared with renters and later buyers, in advance of the projected increase in mortgage rates and continuing price appreciation,” said Jonathan Smoke, chief economist for realtor.com.  “The problem is inventory is low, which has many would-be home buyers –especially first timers – standing on the sidelines and missing out on potentially material financial gains.” Although some markets are more buyer-friendly than others, national data shows homeowners see significant financial benefits as compared to lifetime renters. In 88 percent of MSAs, buying a home produces a financial benefit of at least $100,000 over 30 years.  Here is the link to the entire article: http://www.housingwire.com/articles/34012-realtorcom-waiting-to-buy-a-home-could-cost-tens-of-thousands

Monday, June 1, 2015