Archive for January 4, 2008

My Listing at Shadows @ Sabino - Beautiful Luxury Home in Tucson!

I have listed a really well priced property at 7502 E Wandering Rd. The future purchaser will have a rare opportunity to reside in a 3,000 square foot–2002 built home–with pebble-tech pool and waterfall backing to over 3 acres of pristine desert with views of the Santa Catalinas. Recently the property has been professionally staged since some buyers had difficulty imagining furniture in the large 2 story family room.  This home would have sold 3 times over had it not been for the need to usually put 10% down on jumbo loans as of mid-August of last year. If you would like to see this home, give me a call at 520-615-2598.

Interest Rates have Dropped in Tucson!

Great news–interest rates on conforming loans (those at 417K or less) for 30 year fixed loans at Long Mortgage are at 5.875%.  Jumbo loans (those at 417K or more) are at 6.625% for 30 year fixed loans.  What a great time to buy! Interest rates are rarely this low and there is good inventory of homes for all those who want to find their place in the sun!

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