buying in arizona: Do You Hate When Real Estate Agents Ask You This Question?
- 03/07/17 09:08 AM
Have you ever gone to an open house? Or called a real estate agent about a listing you see? Maybe e-mail an agent about a property he/she has listed? You just want to check out a house. Maybe you're just curious. Or, maybe you're even pretty serious about buying a house. Doesn't matter. All you're doing is wondering about a house. That's it. That's what you want to talk to the agent about...the house you came to see, or called about. And it seems like one of the first questions an agent asks you is, "Do you have a house to … (2 comments)
So, you made an offer on a home... Now what? Do you know what a home appraisal is, or why it’s so important for you to have? Many people misunderstand this crucial component of the home buying experience. In a nutshell, an appraisal is a valuation of your home; it’s a way for lenders to ensure that they aren’t providing a mortgage that isn’t worth what the home is worth. Your appraisal must match or exceed the value of your loan, otherwise you’ll run into hiccups. An appraiser is someone who uses comparable sales in your neighborhood as well as the … (1 comments)
buying in arizona: Why do you need a Pre-Approval to shop?
- 12/13/16 02:41 PM
Ever had an agent deny to show you a home because you weren't pre-approved for a mortgage? It's not because they're mean, or they don't value your business... it's actually because they're looking out for your best interests. Let's face it, shopping for a home before getting pre-approved for a mortgage is like walking into a grocery store without a wallet. You may have the desire to buy, but you lack the ability. Let’s cover some basics... What is a mortgage pre-approval?In a nutshell, a mortgage pre-approval is written assurance from a lender or broker that you’re able to borrow money to … (0 comments)
buying in arizona: Is Getting a Home Mortgage More Difficult?
- 11/30/16 06:38 AM
If you can qualify for a mortgage, you should by a home now, period! More info here The median family wealth for Homeowners is $195,400, with their home the most valuable asset for most; the median family wealth for renters is $5,400. That is signifigant, don't you think?
From time to time, a buyer and seller will have negotiated any number of repairs during escrow. The walk-through gives the buyer a chance to ascertain all the agreed-upon work has been done to specs, and that everything is in working order. Sometimes, buyers are so anxious to close that they expeditiously whisk through the walkthrough without taking time to properly inspect the property. This can lead to minor issues once the buyers take ownership. On the other hand, the final walk through can trigger positive and negative emotions during the final part of the sales process. Have you ever heard of Buyer’s … (2 comments)
buying in arizona: Should I get a Home Warranty?
- 07/20/16 12:05 AM
Buying a house is really a big purchase and there shouldn’t be a chance for second guesses, hence the need for a home warranty. Basically, a home warranty, is a contract between a homeowner and a warranty company to offer discounted repair or replacement services for major home appliances at reduced cost to the owner. Most times, these service only covers components such as air conditioning, furnace, plumbing and electrical system. However, owners will be given the option to include one or more optional components for extra charges.Like all warranties, a home warranty is meant to protect against pricey, unexpected repair … (2 comments)
buying in arizona: Real Estate Terminology made easy
- 06/27/16 12:07 AM
Understanding real estate terminology can be of great assistance in buying or selling a home, commercial property, or investment property. In order to help you understand words commonly used in a real estate transaction, I have prepared a list of real estate terms you should become familiar with. Thanks again and be sure to contact me for any of your real estate needs in Maricopa County, AZ. Terms: Interest Rate The monthly effective rate paid (or received if you are a creditor) on borrowed money. Expressed as a percentage of the sum borrowed. MLS- IDX IDX, or broker reciprocity, is a listing … (5 comments)
Have you ever gone to an open house? Or called a real estate agent about a listing you see? Maybe e-mail an agent about a property he/she has listed? You just want to check out a house. Maybe you're just curious. Or, maybe you're even pretty serious about buying a house. Doesn't matter. All you're doing is wondering about a house. That's it. That's what you want to talk to the agent about...the house you came to see, or called about. And it seems like one of the first questions an agent asks you is, "Do you have a house to … (2 comments)
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