Buy or Sell AZ Homes

Buying a home? Don’t let multiple offers scare you!

SO many clients have asked me in recent months: “There are 10 offers on this house already. Should we even try?” My answer every time? “YES!” Here’s why: ⁣⁣Contracts fall through for ALL sorts of reasons—from contingencies not being met to financing concerns. You never know what’s going to happen. In a market where multiple offers are common, investors (and sometimes buyers) simultaneously put offers on multiple properties. Then, when they find something better, they simply walk away leaving the property available for another buyer.⁣⁣ And sellers have many reasons for choosing an offer, get a good realtor (like me) to communicate and be your advocate for why YOU deserve that home. While I can’t predict the future or what’s going to happen in a multiple-offer situation, I can say I put ALL my buyers in the best possible position to come out on top! If you find a house you love, go for it—and keep going for it until you succeed! Love Where You Live

Benefits of being a homeowner

Do you wonder why people dream about owning their own home? Are you curious to know some of the benefits of being a homeowner? Here are some of the major benefits: Financial Stability – you are your own landlord and your “rent” will never be raised. Financial Strength – paying down your own mortgage will give you equity in your home so in the future you can sell and make money on your home. Equity can also provide you with cash in hand for other needs like home improvement, education, or lifestyle luxuries like cars and boats. Tax Benefits – write off’s that can help lower your taxable income. Permanent Residence – No yearly contracts to sign, or fear you will not be able to resign in the future if the landlord sells or decides not to rent the property anymore. Sense of Community – there is pride in ownership. Get involved in community events or start some of your own! Email me a message if you are ready to own a home! Love Where You Live

Before you buy a home, you need to know 2 things…

Before buying a home, you really need to think about these two things: your budget and your non-negotiables ⁣⁣Your budget: Don’t just play with online calculators or guess what you can afford. Sit down with a reputable bank or mortgage lender (I can refer you!) to get pre-approved and know what you’re comfortable paying each month. Plus, having a pre-approval letter will strengthen your offers. ⁣Your non-negotiables: What are your “must-haves” in a new home? Need to stay in the same school district? Need a big yard for the kids or a guest room for family? Keep this list short, but clear. You may need to reference it later!⁣ One more thing: As you shop, make sure you heavily weigh a home’s lot, location, and price. Those are three things you’ll NEVER be able to change.⁣⁣ I’d love to help you find a home that checks all your boxes – email or call and I’ll be in touch!⁣ Love Where You Live

Is now a good time to buy a home?

A question I hear a lot is “should I buy now or wait it out?” You might be asking yourself the same thing. Is now a good time to purchase a home, or will it be better next year? The truth is, we can’t predict (at least, 100% accurately) what the real estate market will look like down the road in Chandler, Gilbert, Phoenix and surrounding areas in Arizona. But what do we know? Many experts say mortgage rates are expected to rise and home values are looking to appreciate quite nicely. Buying now may be a good idea because interest rates are at a rock bottom, home prices are predicted to increase, and you can start building equity now! If you wait to buy, you may face some financial letdowns. This might include, but is not subject to:– Paying more for a house– Losing the opportunity to build equity this year– Having a bigger mortgage payment– Putting more money towards a down payment– Getting a higher interest rate for your home loan Buying a home comes with many things to consider. If you find a home that meets your needs, and you are financially and mentally ready to buy a house, I have great news for you! Buying now, rather than later, may benefit you financially and makes more sense than waiting it out! Are you ready to find your Dream Home? Call, email or text me and I can help! Love Where You Live

Fees When Buying a Home

You see the listing price and think, “No problem!” ⁣⁣And while that’s a good start, those aren’t the only expenses to consider when buying a home. Other costs and fees may include:⁣⁣ 1) a down payment: 3-20% depending on the type of loan⁣⁣ 2) home inspection fees: $300-500⁣⁣ 3) appraisal: $400-700⁣ 4) underwriting and application fees: 0.5% of the loan ⁣⁣5) escrow fees: 1% of the loan (sometimes split between buyer and ⁣seller)⁣⁣ 6) mortgage insurance: 0.5-1.5% of the loan ⁣⁣7) prepaid property taxes & homeowners insurance⁣⁣ 8) HOA fees ⁣Keep in mind fees vary and can often be rolled into your mortgage at closing. Talk with your lender and ask for an updated loan estimate or disclosure, so there won’t be any surprises at closing. Got questions about something you see? Don’t be afraid to ask! ⁣⁣If you’re thinking about buying, and wondering what your fees might be, give me a call or send me a text. I’m happy to help!  Love Where You Live