Phil DePasquale's (sedonarrealtor) Blog

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Real Estate Agent - Sedona Elite Properties Management, Inc.

ARCHIVED BLOG POSTS

2008 

  The government (Treasury, at this point), will receive warrants representing ownership stakes of 79.9 percent in each company, and is hoping that its moves will reassure nervous investors that they can continue to buy the debt of the two companies.  The Treasury in turn will, also, purchase the...
09/13/2008
Minimum Required Credit Scores (FICOS) Dropped Effective as of Monday, there are a handful of mortgage lenders that have done away with (at least momentarily) the requirement for a minimum credit score requirement.  This ban of a minimum score applies to FHA Streamline Refinances and VA Interest ...
09/13/2008
What the Government Takeover of Fannie Mae and Freddie Mac Means to Housing Industry    In short-term, home sales should improve as mortgage rates fall      Washington, D.C. (September 8, 2008)-The federal government's takeover of secondary mortgage giants Fannie Mae and Freddie Mac should cause ...
09/13/2008
The Real Estate Market remains sluggish as foreclosures and short sales continue to hit the market.  Once these distressed properties are absorbed, the market will begin to stabilize.  Stats from Jan. 2008 - June 2008 Average Home $558,000 - 139 Sales Busiest month - May  /  Slowest - January   ...
09/01/2008
LOWEST PRICED HOME ON OVER 1+ ACRES IN SEDONA!  CLASSIC SEDONA POOL HOME ON 1.5 ACRES with 3072 s.f. in the heart of Sedona, AZ. Located in Yavapino Estates this home reminds you of early elegance. Great Room with floor to ceiling windows that embrace the outdoors with fireplace. Formal Dining, M...
09/01/2008
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Phil DePasquale

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