Tuesday, December 29, 2015

4.58 Acre Lot For Sale – 9721 E Elmwood St Mesa, AZ 85207

This Lot Has 4.58 Acres

There’s The Potential For Up To 15 Lots With Double Load

One Street Down Middle Of Rectangle

SRP And City Of Mesa Water/Sewer

Zoning R1-8, Maricopa County

Great Location, Just 2 Miles East Of The 202 Red Mountain Freeway

*No Competition*

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Using Down Payment Assistance Programs to Buy Your Home

As 2015 draws to a close, and we enter 2016, we are still seeing very low interest rates for home loans across the country.

If you are looking to make the home buying plunge in 2016 getting a low rate shouldn’t be a problem and if you need a little down payment assistance, here are some good ideas to help you along.

Down payment assistance programs help home buyers obtain the needed fees they require to close on their home purchase.

These types of programs can be administered by your local or state housing authorities, a local nonprofit and even some lenders have programs to help qualified buyers close.

These programs really help lower income people who can afford their projected house payment, which in many areas is lower than the rental prices, but are unable to save up all of the funds needed for their down payment & closing costs.

With an FHA (Federal Housing Administration) loan, you will receive a grant that covers your down payment, normally 3.5% of purchase price, along with the typical closing costs fees associated with buying a home.

Grants do not have to be paid back.

By the way you can have a credit score of only 640 to qualify for an FHA loan and you can have non-occupant cosigners help you get approved for your loan… what a great deal!

The only catch is your interest rate will be a little higher with the lower credit score, but if you make six on time payments you can usually refinance for a lower rate.

Your best bet is to start working with a qualified lender who can guide you through this process, advise you on items to repair in your credit report if needed, and get you approved so you have the best chance of winning the deal, should you be in an area where homes sell quickly.

Here is a list of some down payment assistance programs in Arizona.

We are always here to advise and help you get started with your home buying adventure.  

Why settle for just one real estate agent when you can work with a whole team?

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Thursday, December 17, 2015

Real Estate Website Showdown – The Best Features of The Top 3 Sites

With all things being equal, the top 3 real estate websites on the internet are Realtor.com, Zillow.com & RealtyTrac.com.

But which one should you use?

All of them?

The short answer to that question is really based upon what type of real estate you are looking for.

If you are looking to buy a home, then realtor.com probably has the most up to date home listing information as it has Multiple Listing Service property feeds pouring directly into it.

NerdWallet recently posted an article showing off the best features of the Realtor.com website.

This is very interesting read if you are looking for a place to rent.

The Realtor.com site, famous for its MLS listings, also provides rich detail on rental properties. The property-for-lease tool includes a lot of the same search filters found on the home-sale listings, including minimum and maximum (rental) price and the number of bedrooms and baths. You can also view all rentals in an area, or narrow it down to apartments, houses or condos.

A pet policy is another handy search feature, though not all rental listings provide their policy. Other popular searches include “cat-friendly” and “single story,” so the tool offers quite a few parameters. Read the rest…

Now, if you are chasing a good deal on a foreclosed home, then RealtyTrac will probably have the best foreclosure info. This site has a ton of good info to get you started finding a foreclosed, or almost foreclosed property.

Where To Start With Pre-Foreclosures

It’s important to get up-to-date pre-foreclosure information and act on it as quickly as possible. RealtyTrac subscribers can access our daily updated national database of pre-foreclosure properties online. Subscribers can also set up daily alert e-mails to be notified of new property posted on RealtyTrac.

The benefits of developing a system

Develop a system to keep track of properties that interest you. A good tracking system is important since most pre-foreclosure buyers pursue many properties sometimes over a period of several months. Read more here…

And finally, not only does Zillow provide some good information when it comes to home searching, but what about doing some research on the best home designs and what is popular today?

Then you would want to check out Zillow’s awesome home design feature pages.

The site shows what is trending, hot and design ideas from all over the county.

Here is some eye candy for you: http://ift.tt/UFL3no

These three realty websites all have a lot to offer.

Make use of all 3 of them as you begin your home purchase or rental search.

And of course, leave a little time to look at some cool design ideas!  😆 

When you finally find a home or two you would like to look at, always make sure you find a really good real estate agent.

We recommend that you interview at least 3 different agents before choosing one.

We would love to be one of your choices for interviewee.

Also why settle for just one agent when you can hire an entire team?

And remember that the seller of the home always pays the real estate agent commissions so we work for you for at no cost.

Check out what having an entire team behind you can do for you and your family when it comes time to buy that dream home!

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Tuesday, December 8, 2015

2664 E EVERGREEN ST, Mesa, AZ 85213

 This 4 Bedroom, 2 Bath Home Sits On A Premium Corner Lot And Quaint Street With Mature Landscaping.

Click or tap here for full MLS listing

Walk In The Front Door To A Spacious Living Room And Formal Dining With Vaulted Ceilings.

The Family Room Has Soaring Ceilings And Features A Cozy Brick Fireplace.

Extra Storage Throughout.

Kitchen Has White Appliances And Plenty Of Cabinets And Counter Space.

The Master Bedroom Is Split From The Other Bedrooms And Has French Doors Leading Out To The Large Backyard.

The Master Bath Has Dual Sinks As Does The Main Bath.

There Is Mature Landscaping In The Backyard Along With A Diving Pool.

There Is Also A Screened In Sun Room.

This Home Has A 2 Car Garage And Features Two Rv Gates.

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11534 E QUICKSILVER AVE Mesa AZ 85212

This Home Sits On A Premium Corner Lot Newly Remodeled With $30,000 In Upgrades!

Click or tap here for full MLS listing

It Has

  • Fresh 2 Tone Dunn Edwards Paint Inside & Out 
  • Beautiful New Carpet And New 20” Tile Throughout 
  • New Brushed Nickel Light Fixtures
  • Formal Dining Room,
  • Entry & Both Bathrooms
  • Kitchen Has New Stainless Steel Smooth Top Range/Oven
  • New Microwave & Dishwasher From The Frigidaire Gallery Collection Kitchen
  • A New Kohler Brushed Nickel Sink And Faucet Kitchen Counters Are Gorgeous Granite
  • Kitchen Island
  • There Are Wood Blinds In All The Rooms
  • French Doors With Blind Inserts Lead To The Flagstone Extended Back Patio
  • Bathrooms Have New Brushed Nickel Faucets
  • New 5 1/4” Custom Baseboards Installed Throughout
  • 3 Bedrooms Plus A Den Which Is The 4th Bedroom Per Model & A True
  • Extended 3 Car Garage
  • Beautiful Custom Landscape Package Including Cement Landscaped Border Surrounding The Entire Backyard
  • Deliniating The Grass Yard
  • Expensive Mature Orchid Trees
  • Blooming Several Times Per Year! Perfect Family Neighborhood 

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Monday, December 7, 2015

Phoenix Real Estate is Finally on Solid Ground

Well after one heck of a roller coaster ride which started in 2007, the Phoenix real estate market is now appearing to finally be on solid ground.

Realtor.com reported that Phoenix home prices increased by 5.3% in September 2015 which was the 10th straight month of home value increases. And was strongest among the 20 metro areas they surveyed.

“It is clear that prices are rising in most areas at above average rates due to the limited supply and strong demand the real estate market has seen all year,” said Jonathan Smoke, the chief economist for realtor.com®.

“But with higher values, more existing owners could be encouraged to sell in future months,” he said. For 38 straight months, the inventory of existing homes has remained below a 6-month supply, according to the latest report from the National Association of Realtors. Read more…

The Phoenix commercial real estate market is also going up and on solid ground according to a story on KTAR’s blog.

“Ninety percent of the respondents say that we are in an expansion mode,” Mark Stapp, director of the Master of Real Estate Development Program at the W.P. Carey School, said.
“That’s up from 58 percent six months ago, so I think that’s very good. When asked in what direction Phoenix is moving, 100 percent of them said ‘upward.’

Stapp said an increase in building and selling of commercial inventory that had been on the market for a while fueled the optimistic responses. Read the rest…

Even the Phoenix area apartment real estate developers are rocking and rolling with 7,200 new units hitting the Phoenix market this year and another 22,200 have been slated for construction.

The Phoenix Business Journal is reporting that most of the cranes you can see around construction sites in Phoenix, Scottsdale, Chandler and Gilbert are for new apartments and condos.

There are fewer new office projects but plenty of development plans for apartments in a local market that’s already delivered 11,500 new units since 2014.

Are there enough tenants to fill those units? Or is Phoenix headed for another one of its rounds of real estate over exuberance and speculation and another bubble?

Tyler Anderson, vice chairman of capital markets and a multifamily expert with the CBRE real estate firm, doesn’t think so. Read more here…

As long as the economy stays the way it is or increases, Phoenix should see a continued steady increase in home values for years to come.

Are you ready to buy that new home? Start preparing now before prices increase and push up your monthly payments.

We offer a free home buying strategy session to make sure you have everything you need to find and purchase the home of your dreams,

Contact Mark & the Team today.

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Wednesday, December 2, 2015

833 S STILTON Mesa AZ 85208

$269,900 4bd/2bath Home

Home Has An Open, Bright Floor Plan

Formal Living Room And Dining Area Upon Entry

Click to view MLS listing

Kitchen Has Expensive Extended Cabinet Package

  • Granite Counter Tops With Separate Island
  • Stainless Steel Appliances
  • Recessed Lighting
  • And Eat-In Dining Area Bay Window In Kitchen Has Seating And Cabinets Underneath

Spacious Family Room Off The Kitchen Carpet And Beautiful Tile Throughout

Vaulted Ceilings And Ceiling Fans

Wider Than Usual Custom Hallway Large Master Bedroom W/Walk-In Closet

And Large Master Bath W/Separate Tub/Shower Laundry Room

Also Has Cabinets Covered Patio Has Tile And Brick Pavers

3 Car Garage Is Insulated And Has Storage Cabinets

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