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sun lakes village: An Upswing of Pending Home Sales - 05/18/10 05:36 PM
Pending home sales have increased again in March, confirming that an upswing of home sales is unfolding for the spring home buying season.  The Pending Home Sales Index forward-looking indicator based on contracts signed in March rose 5.3% to 102.9%, which is 21.1% above March 2009, when it was 85.0%.  This also follows an 8.3% increase in February.  However, the data reflects contracts and not closings, which usually have a delay of one to two months. 
Many believe that favorable and affordable conditions have been working with the tax credit, which has helped stabilize the market.  Although now, many experts believe … (0 comments)

sun lakes village: The Importance of a Professional Home Inspection - 05/04/10 03:30 PM
When buying a home for the first time, many first-time buyers don't know just how important a professional home inspection can be.  It can actually be a vital tool in negotiating your offer price.  In many cases, resale homes have at least one defect of some type averaging $500 in repair costs.  A home inspection by a qualified home inspector is a perfect tool to help encourage home sellers to make these costly repairs.  Or you can make the needed adjustments in your offering price as a direct result from the inspection report.
Here are some tips that will help you … (2 comments)

sun lakes village: Fixer-Upper Financing for Your Lake Havasu City Home - 04/06/10 03:24 PM
Buying a fixer-upper without financing can be a scary thing in today's real estate market where short sales and foreclosures are plentiful.  But there is a program to help you with your fixer-upper financing. 
The Federal Housing Administration (FHA) loan program has been around since 1978, but not many borrowers took advantage of the FHA's 203k program in 2009.  As a matter of fact, not many lending or real estate professionals are aware of the program. 
Through the FHA's 203k renovation financing loan program, borrowers can fold in $100,000 worth of repairs and improvements into $300,000 and $400,000 mortgages.  Using the … (0 comments)

sun lakes village: Some of Lake Havasu City’s Popular Kitchen and Bathroom Upgrades - 03/16/10 02:13 PM
While some people are playing the trade-up game, others have decided to stay put and do some upgrading to their home instead.  And, in Lake Havasu City real estate, there are some popular kitchen and bathroom upgrades I'd like to share with those who are staying in their current home.
Popular Kitchen Upgrades:
* A recycling center - A place designated for cans, papers, glass, etc.  This can be in the form of a nook or even a cabinet.
* Renewable floors - For those who are environmentally conscious, there are renewable resources for flooring such as flooring made from bamboo … (0 comments)

 

Vicki Lind

Lake Havasu City, AZ

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Keller Williams Realty

Office Phone: (928) 486-6227

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Vicki Lind’s Lake Havasu City Blog will present community information, new and events for Mohave County communities of Lake Havasu City, Lakeridge Estates, Canterbury Estates, Sun Lakes Village, Desert Hills, Havasu Heights, Havasu Foothill Estates, The Refuge, Horizon Six, Mohave County and the Golf Course Communities of Nautical Estates, The Refuge and London Bridge Golf Course. You will also find periodic real estate market updates, real estate tips for buyers and sellers as well as current market conditions and real estate news on a local and national level.

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