Arizona Mortgage Blog by Kelly Zitlow

An Arizona Mortgage Specialist with over 15 years exp., Kelly produces this Arizona Mortgage Blog for realtors & home owners in Arizona who wish to be informed concerning the ever-changing Mortgage Market and FHA Loans, VA Loans, and Conventional Mortgages. Information about obtaining a Mortgage in Arizona can be found at www.kellyzitlow.com.

Archive for tag: Property Flips

Arizona Property Flips & Mortgages

Two weeks ago I sent out a mortgage update that went over some "Need to Knows" concerning property flips and obtaining a mortgage in Arizona for one. I listed a few key items to keep in mind before writing a contract. I am getting agents asking for the link so they can pass on to others in their offices and review with clients as they work an offer up.

Here is the link to read more about this.

Communication between all parties before a contract is written is really the key! It also takes an experienced Arizona mortgage lender to really understand the intricacies involved in these purchases and our Arizona market.

I'm always available to answer your questions!

~ Kelly

FHA Extends Property Flip Waiver

The FHA property flipping waiver was set to expire On Dec. 31st of 2011 has been extended through December 31st of 2012!!! Great news for the Arizona mortgage and real estate market. For now all terms of the existing waiver remain the same. It may have been some time since you reviewed the FHA Loan rules on properties flipped and owned for less than 90 days in Arizona.

Click here to read some reminders that may be helpful.

~ Kelly