Mortgage Market News - Phoenix, AZ

Dear friends, colleagues, and community members,

Today I am writing on a subject that has affected or will affect nearly every American - Diabetes. I recently flew to MD for the funeral of a family member who passed away due to complications of diabetes.  I also have family members who live with this disease today.

As a way to take a stand against Diabetes and promote awareness, health, and education, we have formed a  Diabetes Step Out Team, and would like to invite you to join us in a walk for diabetes on Saturday, September 27th at 8AM for a two miles walk. I know this is short notice, but I was moved to do this as a result of my family's recent loss. Registration is free, and I would love to meet you at the event, so once you join, you can expect an email from me.  Simply visit the Consumers Advantage Mortgage Step Out for Diabetes website

We have also committed to raise $12,000 (or $1,000 per month) over the next year to fight this disease, so if you are unable to join us for the walk, please consider making a donation no matter how small - every little bit helps.

If you would like to give online, visit this page.

For those in the community that either join us or donate, you will receive a free mortgage analysis, where one of our consultants will show you how you can pay off your mortgage in as little as 1/3 to 1/2 of the time without refinancing (and often without changing your budget.)

For the real estate professionals that join us, you will receive a free copy of my book entitled The Market Seems Slower When you Don't Have Clients as well as recognition on our website and in our future PR related to corporate giving.

Thank you in advance for your support!

Here is Arizona, this is a very common occurance, and sadly, there doesn't seem to be much hope for many homeowner that find themselves upside down, owing more than their home is worth.  Many of these home owners feel stuck, unable to make a move, and feel like they are fighting a never ending uphill battle.

Here is the good news - we have a solution.  Now, it doesn't work for everyone, because you have to actually be able to pay your mortgage.  I know many people are in a worse situation, in that they are upside down, and they have an adjustable rate mortgage that has adjusted or will adjust soon, making their mortgage unaffordable.

If you are interested in knowing more about how this program might be able to help you or someone you know, please contact Consumers Advantage Mortgage at 800-757-9704. We serve all 50 states, but make our home in Mesa, Arizona!

This is the least often talked about side of the foreclosure crisis.  Imagine having a sheriff knock on your door and tell you that you have a week to get out of your house because it was foreclosed?  Well, it's happened to over 200,000 renters this year alone according to Market Watch.

So what can you do if you are a renter?

You could ask your landlord where they stand, but I doubt most of them would be up front with you knowing that they have no intention of giving you your deposit back, and knowing that your rent payments are not being used to pay the mortgage.

Personally, I would consider whether or not it's the right time to for you to buy a home of your own.  There are lots of deals out there, and although some speculate that prices will continue to fall, historically they have to recover. Not to mention you have to pay a housing expenses anyway, so you might as well have a write off.

Secondly, there is a website called RentalForeclosure.com that will allow you to check and see if your landlord is in foreclosure. I have spoken with Dave Madam, one of the principals who says that while they currently only serve a few markets (they are rapidly growing), anyone can send them a request via their contact form and they will check out the property for them.

Now is a great time to talk to your mortgage professional about whether or not you can qualify for a home. There have been many changes in the lending world, but we are still making loans.

I look forward to helping you or anyone you would like to refer in any way that I can.

Have a great weekend!

~ Anthony

Call Consumers Advantage Mortgage at 800-757-9704. Serving all 50 states.

If you have not seen or heard Les Brown speak, let me tell you this is a great opportunity.  I have heard Les speak on several occasions and he always has a positive outlook onlife and will help you transform your thinking into a success mindset.  I will be there and I look forward to meeting you there.  I will be working at the event, but if you let me know that you are coming, I will make sure to try and connect with you.

It is free, but you need to register. If you want to lear more about Les Brown, visit his website.

The other day my wife and I were getting ready to go to bed and I said "hon, you're not gonna belive this, but there is a scorpion in our living room." She said "right... I'm going to bed." Again, I retirated, "hon, seriously, bring me a big shoe... I am not taking my eyes off of this thing."  Now, some of you might realize why practical joking can backfire... I am known to be a joker.. .but not this night.  She came out and screamed when she saw I was not kidding.

She got me a shoe and I took care of it, but it had me thinking. "Were there others?" "How did it climb to the second story to our condo?"

For the next few days, I would walk looking at the floor, but I guess I will get over it. My wife grew up here and had never seen a live scorpion, and never expected to see one in Mesa.

So Arizonans... check your shoes, hats, and gloves before putting them on!