I recently read a very interesting article on how the way consumer credit scores are calculated will be changing in the next year.  The Fair Isaac Corp - creator of the FICO scorehas unveiled a new scoring model for determining your credit score dubbed FICO 08.  Currently FICO scores range from 300 to 850 and are based on consumers’ credit histories.  This score “in theory” should reveal the risk associated with lending a person money and their chances of default.  The lower the score, the more chance for a default.   A Good credit scoreis anything over 700 and a low score can severely restrict a person from buying a house, car, renting, turning on utilities, credit cards, and even getting into a good college.

The Fair Isaac Corp explained that the new method is more forgiving on minor slip-ups and will more accurately predict a borrower’s risk of defaulting on loans.  FICO 08 will still take into consideration the same factors of a person’s financial history including indebtedness, length of credit history, and number of open lines of credit, the main difference is the weight these factors will carry.

YOUR FICO SCORE MIGHT GO UP IF…

You maintain various lines of credit, such as credit cards, or car / home loans.  This demonstrates your ability to successfully manage different types of loans.  YOU WILL BE LESS PENALIZED IF YOU ARE DELINQUENT IN ONE ACCOUNT, BUT ARE IN GOOD STANDING ON THE OTHERS!

YOUR FICO SCORE MIGHT GO DOWN IF…

You have many delinquent accounts.  This has always had a negative affect on your credit, but more so after the change.

NO MORE PIGGYBACKING

This is a popular method of adding people with poor credit to those with good credit to increase their credit score.  Currently by being added as an authorized user to a person with a good credit account can dramatically increase your score…THIS WILL NOT HAVE AN AFFECT ONCE THE CHANGE OCCURES.  Parents can still co-sign for their kids, it just will have no affect on the kids credit score anymore!

In today’s declining real estate market here in Arizona, and as families go through the Foreclosure or Short Sale process, credit concerns are more important than ever.  Being proactive in monitoring and maintaining your credit report is crucial to your future, and we at www.CodySperber.com recommend using www.annualcreditreport.com to monitor your credit report every 12 months.  If you need actual credit repair, I recommend using www.GenesisCreditGroup.com.  Genesis is a local credit repair company that specializes in helping homeowners that have gone through a foreclosure or a short sale fix their credit withing 6-12 months.  I have sent many of my clients to them and they are all happy with the service.  If you are falling behind on your mortgage payments and would like to talk with a local Arizona Foreclosure Expert, please feel free to call me anytime at 480-861-8732.  Also, if you are looking to Sell Your Arizona House Fast, remember, I PAY CASH FOR HOUSES.

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ARIZONA SHORT SALE HELP BY LOCAL SHORT SALE EXPERT CODY SPERBER

Are You Looking For Arizona Short Sale Help?  Do you owe more than your home is currently worth?  Is your home loan amount equal to or higher than your current home value?  Are you behind on payments, or realize that you can no longer afford your home?  If this is your situation, CodySperber.com can help!

Selling a home that has a loan higher than it’s worth is extremely difficult, if not impossible. Who would want to pay above the true value of a home? Usually when a homeowner owes more than the home’s current market value and can no longer afford the home, they are left with two choices: 1. Lose the home to Arizona Foreclosure due to no one wanting to buy an overpriced home; 2. Negotiate an Arizona Short Sale with the bank to ensure the home sells before Foreclosure. Obviously no homeowner wants to lose their home to Foreclosure. People who let their home go to Foreclosure typically destroy their credit for 7 years during which time, it is nearly impossible to purchase another house. You will need Arizona Short Sale Help.  There is a better way to exit from your financial burden…a Real Estate Short Sale!

So What Is A Short Sale?

A Real Estate Short Sale is when the bank is willing to take a lesser amount of your home’s loan in order to sell your home and Stop Foreclosure Arizona. Basically, our company goes in and negotiates with your lender to accept a discounted sales price due to your financial situation, as well as the current market conditions.For example: Your home’s current market value is $200,000 You loan amount for your home is $225,000. No one will want to buy your home for $225,000 because the real value is $200,000. The bank then realizes they must lower the amount owed to $175,000 (this number varies) so the home can sell. This is just a simple example and all the numbers will vary from deal to deal.
So why Is A Real Estate Short Sale Better Than A Foreclosure?

A Real Estate Short Sale is a win/win solution for everyone. Obviously the homeowner does not want a Foreclosure on their record. The bank definitely does not want to take the home back through foreclosure due to the large expenses and long waiting period. So if the homeowner can complete a short sale, they will have successfully sold their home without losing the home through Foreclosure, thus saving their credit. And the bank will be satisfied due to not having to foreclose on the home saving time and money.

Plus, the time it takes to rebound from a Real Estate Short Sale is much shorter than the time it takes with a Foreclosure! Furthermore, it shows your character! You are attempting to repay the loan that you took out which gives you peace of mind. Homeowners desiring to do a Short Sale usually must show to the bank:

• Financial hardship
• Loss of job
• Divorce
• Medical conditions or large medical bills
• Behind on payments
• Job Transfer

Typical Beginings Of A Real Estate Short Sale:

1. The homeowner(s) begin to miss payments
2. The lender(s) try to arrange a repayment plan
3. The repayment plan fails or is never attempted and the bank mentions a short sale

Requirements for a Real Estate Short Sale are:

1. A proven financial hardship
2. Behind on payments (In most circumstances)
3. You owe as much or more than your home is currently worthThe homeowner requests a Short Sale Packet from their lender(s)
4. The bank notifies the homeowner(s) that they can’t turn in the short sale packet until they have a signed purchase contract
5. The homeowner(s) decide to contact CodySperber.com

Cody Sperber is an Arizona Short Sale Realtor that creates custom solutions to Arizonas housing problems.  I do not act as a typical Realtor just listing your house on the MLS and trying to compete with the other 50,000+++ listing out there!  I have years of Short Sale Negotiation experience and understand how to market, negotiate, and close on Arizona Short Sale homes.  Please Google me!  You will find hundreds of posts, articles, and websites with my name attached.  I own www.SellQuickForCash.com a local “Cash For Houses” website that buys houses from those wanting or needing to sell their Arizona house Fast.  I am an Arizona Foreclosure Expert and have helped Dozens and Dozens of homeowners Avoid Foreclosure Arizona.   If you need Arizona Short Sale Help, take the next step and contact me.

 CLICK HERE TO FILL OUT MY QUICK CONTACT FORM

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 Arizona’s April Foreclosure Rate Skyrockets!!!

In April, one in every 519 American households received either a default notice, bank repossession or auction sale notice, according to RealtyTrac’s U.S. Foreclosure Market Report. With foreclosure filings up 65 percent from a year ago, CodySperber.com takes a look at which ten states had the highest foreclosure rates.
 

Top 10 State Foreclosure Fillings In April 2008

1. Nevada - One In Every 246 Housholds Recieved A Foreclosure Notice
2. California - One In Every 204 Housholds Recieved A Foreclosure Notice
3. Arizona - One In Every 224 Housholds Recieved A Foreclosure Notice
4. Florida - One In Every 242 Housholds Recieved A Foreclosure Notice
5. Colorado - One In Every 349 Housholds Recieved A Foreclosure Notice
6. Maryland - One In Every 380 Housholds Recieved A Foreclosure Notice
7. Georgia - One In Every 422 Housholds Recieved A Foreclosure Notice
8. Ohio - One In Every 432 Housholds Recieved A Foreclosure Notice
9. Michigan - One In Every 440 Housholds Recieved A Foreclosure Notice
10. Massachusetts - One In Every 539 Housholds Recieved A Foreclosure Notice

Arizona Foreclosure activity in April increased 26 percent from the previous month and 181 percent from April 2007, helping to bump the state’s foreclosure rate up to third highest among the states. Foreclosure filings were reported on 11,620 Arizona properties in March, one in every 224 total households. (Source: RealtyTrac.)

“It is obvious to us that the number of homeowners that need a REAL SOLUTION to stop foreclosure is rising and the housing market is still declining”

CodySperber.com has the resources and team in place to handle any housing / financial situation. We Are Arizona Short Sale Experts! Our team of specialists are highly educated on Arizona’s foreclosure laws as well as the Foreclosure Process. Arizona Short Sales (http://www.codysperber.com/whatisashortsale.php) are our specialty and we offer a no-hassle, quick close without Realtors and the fees associated with a traditional sale. We pay cash for houses fast in the Phoenix - Metro market. We buy both nice and ugly homes and we can close within 3 days, sometimes faster or slower, depending on your financial needs. We are Arizona’s #1 “Cash For Houses” homebuyer dedicated to helping families in their time of need.

http://www.CodySperber.com/

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Do you want to sell your Chandler, Arizona House Fast?

We buy Chandler homes fast!

Do you want to sell your Chandler, Arizona home fast…no agents…no fees…no hassles? You’re in the right place! We buy homes in any condition.  http://www.sellquickforcash.com/ is Arizona’s #1 and fastest homebuyer specializing in helping homeowners solve their housing problems!

Arizona has a record breaking 50,000+ single family homes listed for sale and is steadily rising.  Average days a home sits on the market in Maricopa County is close to 6 months.  Foreclosures have had a devastating effect of the value of your home. Whole neighborhoods have declined in value and the next few years looks to be just as bad if not worse!  You may not be aware of this fact but you will have to pay out 15% - 20% of the sale price of your home while waiting anxiously for it to sell. This means if your house sold for $350,000, it would cost you approximately $70,000 in commissions, repairs, utilities, additional mortgage payments and taxes.  Why have the uncertainties of the market affect when you are going to sell?  Why allow your current circumstance to affect your livelihood any longer?

The unfortunate reality of the market, along with extenuating circumstances, has forced many like yourselves to realize that what is worse than knowing….. is not knowing when your home is going to sell.

  So Let’s Recap:

		A no-hassle, no obligation, FREE in home consultation!
		We are quick.  We can buy your home in as little as 3 Days!
		There are never any hidden costs and everything we do is in writing!
		We pay all closing costs, appraisal fees, everything!  You pay nothing!
		We offer a fair price.  Typically our offers are within 70%-90% of your homes Fair Market Value!
		Our offers are guaranteed and we will not change our minds at the last minute.  We have our own CASH and can act on your timetable!
		We provide customized solutions.  There is no “one-size-fits-all” answer, so we take an educational approach when making offers.  Once you understand all your options, you can make the best decision for you and your family!

SOUNDS LIKE A WIN / WIN SITUATION TO ME!
We always offer custom financial solutions which will best suit the needs of you and your family.  http://www.sellquickforcash.com/ is Arizona’s #1 Cash For Houses website offering fast solutions to your housing problems.  We are honest, ethical and always fair so if you want to sell your Chandler House Fast, keep on reading!

Stop the worrying and call…there is never any obligation! Sell your Chandler, Arizona home fast!

If you are saying to yourself, “I want to sell my Chandler house fast, call 480-861-8732 today and speak with one of our Home Buying Specialists!

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Do you need or want to sell your home QUICKLY and still get a FAIR price?  At SellQuickForCash.com our team of specialists can purchase any home, in any area, in any condition quickly and for a higher price than our competition!  Don’t be fooled by other imitation sites.  We all say and do the same things…buy houses for cash, however we pride ourselves on providing quick solutions to seemingly impossible real estate problems.  We are so confident on our ability to create a custom solution for you, that we list our competition on our “Who We Are” page for you to comparison shop. I want you to assume we are INCOMPETENT and CANNOT HELP YOU until WE PROVE OTHERWISE!!!  We are so secure in our abilities to provide reasonable, fair solutions to your real estate problems that I INVITE YOU TO CHALLENGE US!!! Reputation Is Everything We specialize in buying houses—fast.  It does not matter what your financial status or problem is.  We work to set up an individualized plan that gets you the results you need, when you need them.  Once we come to an agreed upon solution, whether it is a quick sale, or we bail you out of foreclosure and keep you in your home as a renter with an ability to purchase back your home in the future, we promise to conduct business with high ethical standards, honor, and integrity. Those are big words and we have many referrals we can provide to prove our business standards.  Housing Market Is Out Of Control Arizona has a record breaking 50,000+ single family homes listed for sale and is steadily rising.  Average days a home sits on the market in Maricopa County is close to 6 months.  Foreclosures have had a devastating effect of the value of your home. Whole neighborhoods have declined in value and the next few years looks to be just as bad if not worse!  You may not be aware of this fact but you will have to pay out 15% - 20% of the sale price of your home while waiting anxiously for it to sell. This means if your house sold for $350,000, it would cost you approximately $70,000 in commissions, repairs, utilities, additional mortgage payments and taxes.  Why have the uncertainties of the market affect when you are going to sell?  Why allow your current circumstance to affect your livelihood any longer? If you need to sell quickly without the hassles, fees, and time needed to sell with a Realtor, stop worrying and keep reading!   Our Simple 3 Step Process

CLICK HERE to fill out our “GIVE ME FAST CASH FOR MY HOUSE” form.  A Sell Quick For Cash specialists will do some quick research on your submission and respond back to you immediately!  We pride ourselves on our quick responses and FAIR PRICED OFFERS. This is the easiest and most reliable way to submit your property to us.  It allows us to do our research so that when we call you back we will not waste your time. ~OR~                Call the SELLQUICKFORCASH.COM Home Buying Team at 480-861-8732 immediately.  One of our Specialists will give you a free, no-obligation phone consultation educating you on your options!   We know we are Arizona’s #1 Cash For Houses experts and can help you sell your house quick and for a fair price.  Our phone consultations usually last 15 - 20 minutes and we can usually give you an offer right over the phone. Stop your worrying and call us now.         A member of the Sell Quick For Cash team will come to your home and further explain your options.  We will evaluate the property and give you an all cash offer on the spot!  We are just a small company and can only do so many deals a month…if we cannot help you, we know someone in the Valley that CAN!  We promise that you will always feel comfortable with our no-pressure / educational approach to doing business.     You sit back and wait for the deal to close and collect your CASH.  We can move as fast or as slow as you want us to, YOU’RE IN CONTROL.  Remember, just because we purchased your house, doesn’t mean you have to move out!  We have Lease Back options if you want to stay in your old home.  We can even work out a deal where you buy it back from us for much less than market-value!

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And They Say A Picture Is Worth A Thousand Words!

After researching different areas in Phoenix, Arizona for two different clients it dawned on my why we have 50,000 plus Active Listings, and only 3500 Solds per month….the AWESOME photography of are most esteemed local Realtors!  Can you choose the worst of the worst:

Picture #1 - Nothing Beats A Good Roof Shot!

Picture #2 - Anyone Want To Buy Some Dirty Dishes?

Picture #3 - Trading Spaces Must Of Been Here!

 Picture #4 - Is Anyone Going To Eat That Top Ramon Cause I’m Hungry!

 Picture # 5 - Umm Yeah…I think Someone Missed!

Im going to go with the last one….maybe you should have highlighted the neighborhood and not focused so much on the bathroom!

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If your credit is damaged and you are in need of a great credit repair guy I highly recommend Tim Hensley over at Genesis Credit Group.  He is a Certified Financial Mortgage Planner as well as an expert in credit repair.  I have a few clients currently working with him and he is doing a great job and is reasonable priced!

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Be Optimistic but Realistic ~ You can dream all day long that your home is worth a certain amount. Happy dreams make for fabulous mental visions of grandeur. It’s good to be optimistic. But in today’s housing market, visions of grandeur can be a huge drawback and cost you lots of money.

Most Important ~ Hire a real estate professional. You don’t need to know everything about buying and selling real estate if your hire a professional. Real estate agents have all the necessary tools at their disposal and can give you up-to-date information regarding recent sales and statistics, your competition, and information about the housing market in general. A real estate agent will market your property to other real estate agents as well as to the public on the MLS and other internet sites. A real estate agent can also help you evaluate buyer offers, and then, finally, help you close the sale.

Price Your Home to Sell ~ The key to selling your home is pricing. Listen to your real estate professional. Be smart and realistic if you want to sell your home. If you price your home too high, it probably will sell for less than a similar one that was initially priced lower than yours. 

You don’t know the price of your home until you sell. Unlike the stock market where you can find out the share price of any stock or stock fund you own in a matter of minutes, the value of your home is worth what a buyer is willing to pay for it. You can’t look it up on the NYSE. It’s not listed there. Click Here for New York Stock Exchange.  What you can do though is Contact Me and I will give you my expert opinion on the value of your home and the homes in your neighborhood!

Accept the Market. When your real estate agent brings an offer to you, take the necessary time to think it over. Don’t think you are rushed to make a snap decision on your biggest investment. Don’t put yourself through the three phases of selling that is costing everyone mega bucks… 1) denial; 2) anger, and then 3) acceptance. Acceptance should be Number 1 on your list instead of months of trying to sell your home in a fast-changing market. Your home may not be worth today what it was worth yesterday.

Please do not hesitate to give me a call at 480-861-8732 to discuss a strategic plan to sell your home quickly and for the most money possible!

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Historically, Gilbert, AZ was nothing more than small stop next to a railroad…a far cry from the bustling city it has developed into today.  From the begining, Gilbert was a prime farming town fueled by the construction of the Roosevelt Dam and Eastern and Consolidated Canals.  In the 1970’s the Town Council began to look towards the future as Gilbert’s neighboring communities of Mesa, Tempe, and Chandler began to grow.  Today Gilbert has grown at a pace unparralleled by most communities in the United States increasing in populations from 5,717 in 1980 to over 138,000 in 2003! 

My Thoughts On Gilbert, Arizona

What I like most about Gilbert is that it offers excellent freeway access, great schools, and it still maintains its small town feel!  US-60 runs along the northern border of the Town, connecting to the other cities in the East Valley. The San Tan freeway runs directly through Gilbert from US-60 south, and west to the Interstate 10. Gilbert is only about 15 minutes from Phoenix Sky Harbor International Airport, and 30 minutes away from downtown Phoenix.  With its small town feel, you find that the sense of community is focused on raising a family, quality education, plentiful leisure activities, and a fantastic business core. It is an excellent reference for businesses and residents alike. Gilbert was ranked #22 as one of the safest cities in US in 2006.  The Gilbert, Arizona School District, which is recognized for its rigorous well-defined curriculum, and for the quality of academic programs and extra-curricular activities at both elementary and secondary levels, continue to be a huge motivation for families relocating to Gilbert.  Overall, whatever your choice of lifestyle, Gilbert offers an excellent quality of life!

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Historically, Chandler, AZ was nothing more than a dusty train stop!  Founded in 1912 and Incorporated in 1920, Dr. Alexander John Chandler envisioned a community centered on family, agriculture, and fun in the sun.  The Chandler of today is not much different except we transformed from a small agricultural town to a High Tech Silicon Oasis when companies such as Motorola, Intel, and Microchip decided to open manufacturing plants here!  The future of Chandler looks promising.

With great schools, freeways, weather, shopping, restaurants, and people, why not think about relocating to Chandler, Arizona?  Keeping its small town feel, Chandler boasts a population of over 240,000 and is steadily growing.  I choose Chandler, AZ because my fiancé and I wanted to build a new house that was affordable but still within 20 minutes of all the great restaurants, nightlife, and sporting events that Phoenix and Scottsdale have to offer!  We came to find out that we really never need to leave Chandler because some of the best restaurants in Arizona are located right here.  If you like to golf, Chandler has 6 major golf clubs.  Go to www.codysperber.com/resources-chandlergolf.php to learn about each!  Shopping…watch out! Chandler Fashion Center, San Tan Village, Chandler Pavilions, and Historic Downtown Chandler are just a few destinations that make Chandler a shopping Mecca.  Last but not least, the schools in Chandler have some of the best scholastic programs in Arizona.  Check out http://www.schoolmatters.com/schools.aspx/q/page=sr/txt=Chandler/ust=AZ/p=1/fp=1 for schools and ratings.

WHERE EXACTLY IS CHANDLER, AZ?

Surrounded by Mesa, Tempe, and Gilbert, Chandler has 330 sunny days a year, and an average temperature of 85 degrees.  Sandwiched between the I-10, US 60, Loop 101, and with the new Loop 202 cutting right across the middle, Chandler has some of the best freeway access in the Valley.  I can get just about anywhere I want to be within 10-25 minutes.  The Zip Codes 85224, 85225, 85226 are considered the older areas of Chandler, whereas 85286, 85248, and 85249 are for the most part recently developed…even though in some parts you will still see a farm or two!  Overall, Chandler, AZ is one of my favorite places in Arizona to visit and a great place to live!

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