Arizona Home Buying and Selling Tips and Information

You’ll find our blog to be a wealth of information, covering everything from Arizona local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions or suggestions for us. We’d love to talk with you!

Dec. 10, 2018

What to Look for when Viewing Houses

Buying a home and what to look forIf you are trying to find a house, you can be a bit confused by all the options available and all the things that you might be looking at. You might just be looking at the rooms and thinking that any house will do as good as another. However, there are certain things you should be looking for when you go looking at houses, in order to make sure that you make the right choice. Here are a few home-buying tips to help you select a great house.

Know What You Want!

You have to know what you want in a house. You can't possibly look at every single house in the area you want, for several reasons. You likely don't have the time, and you aren't going to be interested in all the houses you look at. Don't waste your time, or the time of your real estate agent, by looking at houses you know that you're not interested in. Create a list of must-have items so that you can focus on houses that you might actually buy.

Once you find a house that you like, think about the immediate neighbors. Your new home will not exist in a vacuum. You will most likely have neighbors. Those neighbors might be great neighbors, but they might also be a source of stress for you. Try to get some details from the current owners of the house, but you might also introduce yourself to the direct neighbors and a few others to truly get a feel of the neighborhood. Sometimes first impressions are the best, so think carefully about if they seem like nice people to have around every day.

You also have to ask what the owners will be taking with them. The house may look fantastic, until you discover that they plan to take all the major appliances with them or the beautiful chandelier hanging at the entry. Ask what is going to be left, so that you can see the house as it will look, should you buy it.

Ask to see the seller's property disclosure statement to find out if there were any major issues with it. Will the house need a new roof? New windows? These are the kinds of things to consider prior to making an offer. Just remember, your home inspector will do a thorough check once you are under contract, but it's nice to have a heads up on some things that may be disclosed by the sellers.

Look at the landscaping. You might not think that landscaping is important, but it is the first impression that people have of you and your home. If there is no grass/gravel, and skimpy landscaping, think about how you will be able to address those issues should you move in and what the cost will be.

Now that you've had a chance to read about what things you should look for when you are looking for a house, you should feel more confident to do so. The tips above are designed to keep you focused, and to help you find a house that not only looks great, but will be easy to maintain and easy to live in. Use the tips when you're looking at houses, and picking a new house will be easy.

Posted in Buying a Home
Nov. 1, 2018

The Best Approach In Selling Your House

You have made the decision to sell you house. This is something that requires careful planning in order to get the best price for your house. There is more to it than just putting it on the market. If you do not have the right approach, you could lose money on the sale. Here are some tips on the best approach in selling your house.

First of all, you should have an idea of the current condition of the real estate market. Are houses on the market in your neighborhood taking a long time to sell, or are they being snapped up quickly? You want to sell when it is a seller's market because that means demand is higher than the inventory, and you have better chance in getting top dollar for your house.

Find out what the average selling price is for a house nearby that is similar to your house in terms of size and the number of rooms. That is a good indication of what price your house should be offered at. You want to set a reasonable price to attract buyers. If you set your price too high, no one will show any interest in your house. Get your Home Value now.

You will need to find a reliable real estate broker who will represent you in the sales transaction. Do some research on the brokers who are familiar with your neighborhood. When you are interviewing them, listen to how they will approach marketing your home in order to get you the best price. Ask them any questions that you have on your mind about the sale. You will be working closely with your broker so he or she should be someone whom you feel comfortable talking to. The broker should be someone who takes time to listen to your concerns, at the same time offer his expert advice on the current sales condition.

Once you have selected your broker, he will give you some pointers in getting your house ready for the market. This is call staging your house. Your house needs to make a a good impression on your buyers. It must have curb appeal. The interior should look inviting, attractive and comfortable. This is the time to fix anything that is broken and to give your house a good cleaning. Every little detail counts. This is also a good time to start packing away some of your belongings so your house will look less cluttered.

This is not the time to invest in expensive home improvements, unless something is broken. For instance, do not go and replace your carpeting right now. Just make sure that it is clean and free of stains. You want to achieve the best look with the least amount of money invested in staging it. Enhance your home with little details. Make each room look spacious by keeping your table tops and shelves free from clutter.

Selling your house is a major event in your life. If you follow these tips, you will have good results in your home sale.

Posted in Selling a Home
Oct. 29, 2018

Buying A Home: How To Determine Offer Price

You may have found the home of your dreams, but you know that you now have to make an offer. You see what the asking price is, but that doesn't necessarily mean that it's a realistic number. In order to submit your offer, you need to come up with a number. How do you do that? Try the simple steps below!

In order to get a realistic idea of the price of the home, look at other homes for sale in the area. Make sure that the homes you are looking at are comparable to the one you're making an offer on. This should help you narrow down your price range.

Comparable sales are how you determine the base number of your offer. These are recent sales of homes in your area that have sold. You want to be able to compare the home you are purchasing to ones that are close in size, number of bedrooms, lot size, bathroom numbers, construction style and garage numbers.

If you have employed the help of a real estate agent, he or she will have no trouble looking up this type of information. This is even easier if your home is a model home and there are several of the same style for sale.

Furthermore, it is important that number you come up with is realistic in relation to the condition of the home. Are there updates that are needed to be completed? Are there serious renovations that you have to do? If so, take these things into account, because they can quickly depreciate the asking price of the home. Calculate how much you have to spend on renovations and updates to see how much you have to deduct at least from the asking price.

Is the seller including anything with the home? If so, what is it really worth? In some cases, sellers will provide the option of purchasing the home fully furnished or with appliances. These are usually items that they charge extra for, but you could purchase yourself much cheaper.

Why is the seller selling the home? In some cases, the circumstances of the seller impact their decision whether or not to accept your offer. You want to get a good deal, which is understandable, but depending on the seller, it may not be realistic. For example, if the seller wants to sell the home quickly, you have a better chance of haggling the price.

Keep in mind, some sellers are willing to wait out the perfect offer that comes close to their number. If the property is highly desirable, you may even have to pay over the asking price to beat the competition. The actual price of the property is never set in stone, and you need to come up with a "fair" price to submit in your offer using the information available to you.

Making your first offer can be nerve wracking and it can really give you insomnia. However, once you get over the initial shock of your first largest investment, you will find that making the offer wasn't as hard as you thought it would be. Use everything you have just learned for success!

Posted in Buying a Home
Oct. 16, 2018

Top Things To Consider When Buying Real Estate

Top Things to Consider When Buying Real Estate

Finding the perfect home to buy can be a very exciting process full of ups and downs, and twists and turns. Whenever possible, you should enlist the help of professionals such as a licensed real estate agent to assist you with this process. Whether this is your first home, your fifth home, or something in between, a licensed professional will be invaluable to you.

Before you start looking at homes, you need to assess your financial situation and determine the price range of homes that fit your budget. Knowing your price range ahead of time can save you a lot of heart ache in the end. If you assume that your budget is $400,000 and you start looking at homes in that price range, and then later discover that you are qualified for $300,000, you may be disappointed in the homes at the lower price point and have to adjust your expectations. Make sure you know your financial situation before you ever look at your first home.

Tell your real estate agent exactly what you're looking for. Be specific when you are describing what you must have to your agent. For example, if you must have at least three bedrooms and two full bathrooms, make sure your agent understands your requirements. Also let your agent know specific items that you would love to have in your dream home. For example, if you would love to have granite counter-tops in the kitchen but in reality you would also accept any well kept, attractive counter-tops, let your agent know.

If your agent discovers a home that looks perfect for you, with the exception of the style of counter-tops, your agent may discard that home simply because it does not meet your expectations on that one feature. You certainly wouldn't want anything like that to happen.

In that light, if your agent shows you a home that does not specifically meet your list of requirements, do your best to look at the house with an open mind. You may find that you don't truly need to have a breakfast nook in the kitchen, or a screened-in porch or some other feature that you originally thought was a must-have.

When looking at homes for sale, make sure you are wearing comfortable clothing and are not too tired or hungry. If your feet hurt or you are starving, you will tend to rush through a home and not really look at it because you are too distracted by your own discomfort. If you are not feeling your best, it is probably a wise idea to reschedule your home search for another time.

If you have the time, don't schedule more than 4 to 6 appointments in one day. After the first few homes, the features start to blend together and you will lose track of what each specific house actually looked like.

After you exit each house, jot down on a piece of paper a few keynotes about that house so that you can recall more detail later on. Make sure you note any features that you really loved about that home as well as anything that you did not like. When you're done for the day you will be able to compare your notes and easily decide which home, or homes, you would like to revisit. Your perfect house is out there, it's just a question of finding it!

Posted in Buying a Home
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates