Arizona Mortgage Broker Blog

What to talk about tonight....?
April 5th, 2008 8:43 PM

I am tired of writing about all the changes in the mortgage and real estate industry so tonight I will dedicate this to my wonderful Aunt Dar who passed away last Saturday March 30th, 2008 after a long battle with cancer.

My Dad, brother and I were blessed enough to visit her in her home while she was undergoing treatment in Ohio a few months back. Her and I stayed up late into the night, while everyone else went to sleep, just talking and enjoying the moment. She was in such good spirit and enjoyed our company as much as we enjoyed spending time with her. It was great seeing all my family and we had a great time. These are the moments that will keep her spirit with us forever.

While we were there we ordered her a fancy chocolate covered apple from a great place called Mrs. Prindable's. This is the apple we got her and she loved it.

Triple Chocolate Caramel Apple

Darline E. Martell
1938 - 2008
106650146port.jpg
DALTON – Darline E. Martell, age 70, made her Final Journey Home on March 30, 2008.

Mass of Christian Burial will be Wednesday April 2nd at 10 a.m. at St. Agnes Catholic Church in Orrville with Fr. Ronald Turek and Fr. Paul Wysocki, con-celebrants. Burial will be at Dalton Cemetery. Friends may call on Tuesday from 2 to 4 and 6 to 8 p.m. at Living Water Community Church, 200 N. Kurzen Rd., Dalton, 44618. Zak-Monbarren Funeral Home in Dalton is handling the arrangements.

Memorials may be made to the Hospice and Palliative Care of Greater Wayne County, 2525 Back Orrville Road, Wooster, 44691 or to Every Women’s House, 104 Spink St., Wooster, OH 44691.

Born on February 25, 1938 to William and Wilma Faye (Etter) Eberle, Jr., she married husband Art Martell on January 14, 1958; he survives. A resident of Dalton for 35 years, previously of California, she was a member of St. Agnes Catholic Church, where she had been a liturgical lector, CCD instructor and a member of the Commission Group. Darline retired in 1998 from Dalton Local Schools as a Kindergarten Teacher. A former secretary of the Dalton Booster Club, she was also past president of the Sugar Creek Homemakers and was a member of the Massillon Eagles #190.

The family would like to extend special thanks for all the prayers and support during her battle with cancer.

In addition to her husband, Arthur Martell of Dalton, she is survived by sons, Rick (Lois) of Medina, Randy (Donna) of Kidron, Ron (Patricia) of San Francisco, California, Rusty (Karen) of Dalton, Rod (Melody) of Marshallville; grandchildren, Justin, Joshua, Aaron, Patrick, Ashley, Cory, Colton, Maison, Kaedon, Kai, and Claiborne; and a brother, Don (Gail) Eberle of Colorado.

She was preceded in death by her parents.

Online obituary and guest book available at www.legacy.com

Guest BookFuneral home infoFlowersGift ShopCharities 

"We miss and love you Aunt Dar"


Posted by Mike Martell on April 5th, 2008 8:43 PMPost a Comment (0)

FHA to reduce LTV in Declining Markets? It is already happening in Arizona
April 23rd, 2008 12:34 PM
One of our lenders forwarded this interesting information that could affect many buyers and homeowners in need of higher loan to values. We have contacted several lenders and expect most or all to do the same in the coming months. If you have buyers or refinance clients on the fence, this may help them off of it, especially if they need the highest loan to value in order to get the home refinanced or purchase a new home using FHA loans. The lender name has been removed.

"In regards to FHA declining markets:  

Lender will cut 5% from the max LTV on purchases and refis in declining market areas.  

Lender will not underwrite an FHA loan with a credit report older than 30 days.  

Lender will not underwrite a file that has been previously been turned down from another lender in FHA Connection

Lender will not underwrite files without DU/DO or LP findings. If DO/DU findings are use from another lender broker must supply Lender with their ID and Password for the DO/DU that was used.  

Attached is Lender's declining markets list.  

If you have files with us that you need to cancel due to this policy please email your list of files and names.  

I am very sorry for the hardship that this policy change will cause you."

State County

AZ Crittenden                     

AZ Coconiono                   

AZ Maricopa                     

AZ Mohave                        

AZ Pima                            

AZ Pinal                              

AZ Yavapai                       

AZ Yuma                         

CO Adams                          

CO Arapahoe                   

CO Broomfiled                

CO Clear Creek                   

CO Denver

CO Douglas

CO Elbert

CO Gilpin

CO Jefferson

CO Park

MN Anoka

MN Benton

MN Carver

MN Chisago

MN Dakota

MN Hennepin

MN Isanti

MN Ramsey

MN Scott

MN Sherburne

MN Stearns

MN Washington

MN Wright

CO Weld

WA Pierce

 

As Always, if you have a client looking to purchase a home in the Glendale, Peoria, Surprise or any area of Phoenix, please visit Re/Max Integrity Realtors


Posted by Mike Martell on April 23rd, 2008 12:34 PMPost a Comment (0)

Do you owe more than your home is worth? Don't just let the bank foreclose, you have options, short sale!
April 21st, 2008 9:16 PM

Don't just wait until it is too late and the bank will foreclose on your home. Call an area specialist who is familiar with short sale properties. Get your home listed and start taking offers for the bank. If you owe more than the net will be on the sellers net worksheet, the bank will accept less and you can get out from under the house. There may be some negative drawbacks to this option so consult your cpa or accountant.

Need to Short Sale a property Quick?

Just Click with Mike of RE/MAX Integrity in Glendale Arizona


Posted by Mike Martell on April 21st, 2008 9:16 PMPost a Comment (0)

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