Short-term funding extension

For those of you who are not aware President Barack Obama signed a short-term funding extension on Saturday hours after Democrats and Republicans narrowly averted a partial shutdown of the federal government by agreeing on the measure and a budget deal.


The new funding extension, which cuts spending by $2 billion, will last through next Friday, April 15.

The Senate immediately passed the extension on a voice vote. The House of Representatives followed suit early Saturday morning.

Negotiators capped days of frantic closed-door talks and public recriminations by agreeing on a framework for a package of $38.5 billion in spending cuts covering the rest of the fiscal year, which expires September 30. The budget deal still needs to pass in both houses, with the expectation that lawmakers will approve it and the president will sign it before the short-term funding measure expires.

The House is scheduled to begin considering that budget deal on Monday, with a vote slated for Wednesday. The Senate would take up the bill at some point after that, said spokesman Jon Summers of Senate Majority Leader Harry Reid's office.

At this time it is business as usual!

HUD Homes, FORECLOSURES, and SHORT SALES 04/01/2011 - 04/08/2011

Best Deals of the week for Prescott & Verde Valley Areas

Click on the link below for the latest in Foreclosure and Short Sales listed in the past week:

Prescott Area HUD Homes 4/1/2011 – 4/8/2011

Prescott Area Site Built Homes Foreclosure Listings 4/1/2011 – 4/8/2011

Prescott Area Manufactured Homes Foreclosure Listings 4/1/2011 – 4/8/2011

Prescott Area Short Sale Listings 4/1/2011 – 4/8/2011

Verde Valley Area Site Built Homes Foreclosure Listings 4/1/2011 – 4/8/2011

Verde Valley Area Manufactured Homes Foreclosure Listings 4/1/2011 – 4/8/2011

Verde Valley Area Short Sale Listings 4/1/2011 – 4/8/2011

Call us if you would like to view any of these amazing deals!!

Stephanie Woods, Realtor
The Stephanie Woods Team
Keller Williams Check Realty
(928) 237-4455
Stephwd@msn.com

Our team has Certified Short Sale agents available if you or someone you know could use assistance.  Feel free to call us.  We can also offer you a no cost 30 minute legal consultation to evaluate your situation.

Stephanie Woods
928-308-8565

HUD chief warns of housing fallout from shutdown

Shaun Donovan, secretary of the Department of Housing and Urban Development, told a Senate subcommittee that the Federal Housing Administration could not endorse more loans during a shutdown, adding that this might induce a loss of confidence in the lending community.
“This is the worst time that we could introduce that uncertainty into this fragile housing market,” Donovan said.
The FHA, part of Donovan’s department, oversees mortgage insurance on loans provided by agency-approved lenders. The insurance provides lenders with protection if homeowners default on their loans.
FHA-backed loans are frequently used by first-time homeowners who meet required criteria, Donovan said. The agency backed about 40% of loans used for home purchases in 2010, he said.
Donovan said there is a substantial risk in a shutdown that lenders will not fund loans backed by the FHA — especially if it lasts for a long period. Many lenders may decide to not close on the loans, he said.
More broadly, Donovan echoed the administration’s recent refrain, saying he worried a shutdown could imperil the progress the economy has shown in the past few months.
Americans trying to buy or sell homes would be at risk if Congress doesn’t reach a deal by midnight on Friday, Donovan said. A partial shutdown would ensue starting Saturday if Congress can’t agree on a funding package for the federal government.
Macro-level worries
Donovan also said the FHA plans to monitor the housing market closely during the critical spring and summer buying seasons because of fears of a double-dip recession.
“Certainly the data that we’ve seen over the last few weeks have raised concerns about where the market is going,” he said.
There has been a consistent decline in home prices, but there is some information through pending home sales that the pace of sales might start to increase, he said.
Mortgage lenders helping families stay in their homes are critical in avoiding another recession, Donovan said.
It’s also important that the agency improve enforcement capabilities in order to weed out bad lenders, he said.

Best Deals of the week for the Prescott & Cottonwood Areas

Click on the link below for the latest in Foreclosures and Short Sales listed just this past week.......

Prescott Area Foreclosures Listings 2/18/11 - 2/25/11

Prescott Area Short Sale Listings 2/18/11 - 2/25/11

Sedona/Cottonwood Area Foreclosure Listings 2/18/11 - 2/25/11

Sedona/Cottonwood Area Short Sale Listings 2/18/11 - 2/25/11

Call me if you would like to view any of these amazing deals!!

Stephanie Woods, Realtor
The Stephanie Woods Team
Keller Williams Check Realty
(928) 237-4455
Stephwd@msn.com

Best Deals of the week for the Prescott and Cottonwood Areas

Click on the link below for the latest in Foreclosures and Short Sales

Prescott Area Foreclosures Listed 2/12/11 - 2/19/11

Prescott Area Short Sales Listed 2/12/11 - 2/19/11

Sedona/Cottonwood Area Foreclosures Listed 2/12/11 - 2/19/11

Sedona/Cottonwood Area Short Sales Listed 2/12/11 - 2/19/11

Call me if you would like to view any of these amazing deals!

Stephanie Woods, Realtor
The Stephanie Woods Team
Keller Williams Check Realty
(928) 237-4455
Stephwd@msn.com

BUYER SEMINAR

The Stephanie Woods Team Presents our first ever FREE Buyer Seminar.


Today’s market can be very confusing............
"Learn how to buy a HUD home, foreclosure or other bargain priced property and avoid all of the common pitfalls"

Click on the link below for more information

Buyer Seminar Flyer

Best Deals of the week for the Prescott Area

Click below for the latest foreclosures and Short Sales in the Prescott area
Prescot Area Foreclosures 1/31 - 2/11/2011
Prescott Area Short Sales 1/31 - 2/11/2011

Please give The Stephanie Woods Team a call if you are interested in previewing one of these homes or would like additional information.

HUD Homes Photo List as of 2/4/2011

HUD Homes Photo List as of 2/4/2011

Please find attached customized-color photo brochure of HUD properties in AZ- Northern currently listed on the market as of 2-4-11. Please note that the properties featured on this list are subject to availability based on the daily sales.

CLICK HERE

Call us if you would like to view any of these amazingly priced HUD Homes


Stephanie Woods

The Stephanie Woods Team
Realtor
Keller Williams Check Realty
928-237-4455
Stephwd@msn.com

New Changes to Treasury's HAFA Program

New changes to Treasury’s HAFA program:




• Servicers are no longer limited to a 6% cap in regard to payments to subordinate lien holders

• Servicers must offer SSA within specific timelines.

• Servicers are no longer required to verify borrower’s financial information in order to determine HAFA eligibility

• House payments no longer need to exceed 31 percent of income.

FHA program for clients with FICO's between 580-639

I know a lender that is now running this great deal.

"Effective today, all Conventional and Government ARM's with a FICO score of 720 or better will receive an additional .25 improvement to price. The pricing special will run until further notice.


We also have a new product update for your client who are struggling with their FICO scores. We now have an FHA program for your clients that have FICO's between 580-639 on a service retained basis!"

Call me today to find out more on their program.

Stephanie Woods
928-308-8565

PRESCOTT VALLEY SHORT SALE SPECIALISTS

The Stephnie Woods Team has certified short sale specialists here to assist you.  You are not alone.  Call today for a private consultation.  We have a program to set you up with an attorney for a free 30 minute consultation. 

We are taking on two more short sales this week.

WE KNOW SHORT SALES

CALL THE STEPHANIE WOODS TEAM @ 928-237-4455
or you can e-mail me personally at Stephwd@msn.com

It's never to late to try and save your credit.

Prescott Valley, AZ Home/Garage converted to salon

Call us today @ 928-237-4455 to view this home in Prescott Valley that has a converted garage.  The garage used to be used as a salon.  It is a 3bedroom 2bath home in Prescott Valley on a .21 acre lot.  Click on the picture below to view the virtual tour.

HUD HOME

brought to you by:

The Stephanie Woods Team

928-237-4455

HUD Home in Chino Valley $35,000

New on the market today.  Check out this screamin deal on a HUD Home in Chino Valley.

Call our team today to request a showing of this home.  At this price.....it won't be around long.  Click on the photo to be taken to a virtual tour of the property.

THE STEPHANIE WOODS TEAM

928-237-4455

HUD Homes Photo List as of 1/21/2011

Please find attached customized-color photo brochure of HUD properties in AZ- Northern currently listed on the market as of 1-21-11.  Please note that the properties featured on this list are subject to availability based on the daily sales. 

Click Here

Call me if you would like to view any of these amazingly priced HUD Homes

Stephanie Woods

The Stephanie Woods Team

Realtor

Keller Williams Check Realty

928-237-4455

Stephwd@msn.com

Best Deals of the week for the Prescott Area

Here is this weeks list of available foreclosures and short sales for the Prescott area that just came on the market within the last week.

Prescott Area Foreclosures 1/14/11 - 1/20/11

Prescott Area Short Sales 1/14/11 - 1/20/11

Please give us a call if you would like additional information on any properties you may be interested in.

We are here for you!

The Stephanie Woods Team
(928) 237-4455
PrescottREOAgent@gmail.com

Best Deals of the Week for Prescott Area & Verde Valley Homes

Here is a new list of available Foreclosures/Short Sales/ & HUD Homes that are new on the market since Janurary 1st 2011.

Prescott AREA Foreclosures
Prescott AREA Short Sales
Verde Valley Foreclosures
Verde Valley Short Sales

Please contact The Stephanie Woods Team for all of your real estate needs. 

We are here to assist you.

The Stephanie Woods Team
928-237-4455
PrescottREOAgent@gmail.com

Prescott Area Foreclosures

The following numbers represent all of the homes in Prescott, Prescott Valley, Chino Valley, and Dewey including Site Built Homes, Townhomes, and Manufactured homes.



Total number of Foreclosure Properties as of 01/11/10 – 214 properties.


Average Price of Foreclosure Properties as of 1/11/10 – $197,857


Average Price per Square Foot of Foreclosure Properties as of 1/11/10- $99

Click on this list to be taken to a contact page so we can reach you or call/e-mail the Stephanie Woods Team today for your personal list of properties.

FOLLOW OUR YOUTUBE CHANNEL
Stephanie Woods
Realtor
Keller Williams Check Realty
928-237-4455

Antelope Meadows Horse Property

CHECK OUT THIS WONDERFUL PROPERTY RIGHT OFF ANTELOPE MEADOWS RD.

LET ME KNOW IF YOU WOULD LIKE TO VIEW THE INTERIOR OF THE PROPERTY.

STEPHANIE WOODS
THE STEPHANIE WOODS TEAM
KELLER WILLIAMS CHECK REALTY
928-237-4455

PRESCOTT VALLEY BANK OWNED HOME

CHECK OUT THIS NEW LISTINGS IN PRESCOTT VALLEY.  HOME HOME HAS BRAND NEW CARPETING AND PAINT.  IT IS A 1438 SQ FT., 3 BEDROOM 2 BATH HOME. 

CALL US IF YOU WOULD LIKE TO VIEW THIS GREAT HOME.

928-237-4455
THE STEPHANIE WOODS TEAM

Prescott Foreclosure Listings 09/30/2010 - 10/07/2010

Attached is a free list of the latest Prescott Area Foreclosures, Short Sales, and HUD Homes.  Call our team if you would like to see any of these amazingly priced homes.  

Prescott Area Foreclosures Newly Listed 09/30/2010 - 10/07/2010


Prescott Area Short Sales Newly Listed 09/30/2010 - 10/07/2010


Prescott Area HUD Homes for Sale




The Stephanie Woods Team
928-237-4455
PrescottREOAgent@gmail.com
http://www.StephanieWoodsTeam.com