Monday, September 26, 2016

Buying a New Construction Home Shouldn’t Be Scary…and Here’s Why

Just driving around the valley I am sure you have noticed all the new homes being constructed-- just waiting for you and your family to call home. There are a few things you need to know about buying a new built. Some good and some bad-- but if you know what you are getting into and you have dome all your research, brought a REALTOR to view the homes before you pick the one you would like to buy and you’ve weighed all the options and decided a new construction home is right for you. Now you want to find the perfect builder for your dream home. 

Congratulations! It’s a great undertaking – and a great reward – to walk into you own brand new house and make it home. The process to get from meeting builders to that moment can be stressful which is why we recommend working with a real estate agent.
The good news is that you don’t have to deal with negotiating with a seller like you might with a previously owned home. The Most Important Step you can take is having your REALTOR go with you at the first viewing of the show homes, and don't sign in without them.  Doing so is waiving your rights to be represented...As nice as the agents in the new build are--they are representing the builder, and have no fiduciary to you.   that is the easiest way to be sure the project goes smoothly!  At Beery Realty we think buying a new construction home shouldn’t be scary.
·       Research Builders. You’ve decided to build a home from the ground up, it’s essential to learn about the builders before selecting one. Working with a real estate agent who is familiar with new construction, you can identify reliable builders in the area and select one that best meets your needs.

·       Real Estate Agent. Bring a real estate agent with you to your initial visit at the builder’s location. If you don’t, you risk not being able to have an agent with you for the home building and buying process. That may seem not very important, but think about it, do you want the builder's agent to represent your interest, or do you want someone on your side?  I know I would want someone on my side concerned for what is best for me. 

·       Negotiating. There’s a fair amount of negotiating that happens when you’re working with a builder. An experienced real estate agent, like Beery Realty, can help you negotiate a fair price for the base home plus upgrades. I recommend selecting the essentials for your home first, then upgrades. You will have a better understanding of costs and your budget. Remember, you still have to furnish and add personal touches to the home after it’s built so you don’t want to spend all of your house savings on the build.

·       Get it in writing. Once you’ve negotiated a contract with a builder, get the agreement in writing. There’s way too much risk to build a home from a handshake deal or a promise to send a contract later. If the builder won’t put your deal in writing, walk away. There’s a better builder out there for you.

·       Inspection. When you build a home, you have the unique opportunity to inspect the home at various levels of construction. Be sure the builder understands and allows this to happen. Have an inspection of the home completed after the foundation is poured, after framing is completed (and before the drywall goes up), before cabinetry is installed, and a final inspection. This will protect your asset and ensure your home is built to code.

If you’re ready to start the process of building your own home,  the team at Beery Realty is here to help! If you want more information--Contact me at 480-570-1912 BeeryRealty@gmail.com or go to my website at www.AzBuysHomes.com  


Monday, September 5, 2016

This is the home you have been looking for in Chandler Arizona 85249!


UPDATE: So Proud to say- We had 8 showing the first day on the market and seller accepted an offer for above full price! This home just hit the market... $210,000 will make this beauty yours...

This home will make a great starter home, or perfect for the folks on the go! With 3 bedrooms+den/office & 2.5 baths 2 car garage it has everything you are looking for! It includes all kitchen appliances and washer/dryer. What a great layout- with a great room concept but also a formal living room/music room. It also boasts a finished- low maintenance backyard to enjoy the Arizona sunsets. HOA takes care of the front landscaping. Located with easy access to shopping- (San Tan Mall or Chandler Fashion mall), schools, hospitals, and entertainment galore. Your will be so glad you came by to check this one out!



For more information contact me- BeeryRealty@gmail.com or www.AzSellsHomes.com

for lots more details and pictures click here








Monday, August 22, 2016

July 2016 the weather is HOT in Arizona just like the Real Estate Market.

Last month STAT projected a median sales price for July of $223,000 with the added caveat that their mathematical projections have been coming in slightly lower than the actual results for most of this year. They expected a decline in the median sales price in July, but they also thought it would probably not be as low as our projection of $223,000. The actual median sales price in July was $225,000, 0.9% higher than the $223,000 projected by our mathematical model. 

Looking ahead to August, the ARMLS Pending Price Index projects a median sales price of $225,000. MLS sales volume in July 2016 was at 7,630, which was 284 fewer sales than July 2015 at 7,914. STAT had expected July sales volume to be lower than the total last year as there were only 20 business days this year compared to 22 business days last year. We begin August with 6,705 pending and 3,633 UCB listings giving us a total of 10,338 residential listings practically under contract. This compares to 9,726 of the same type of listings at this time last year. There are 23 business days in August this year compared to 21 business days in August of 2015. August 2016’s sales volume will definitely be higher than last year’s total of 7,010 and because of the calendar nuances they are expecting August sales volume to also surpass July’s sales total of 7,630.

There are 19,530 active listings in the valley, of those listed 8,752 sold. This equals to 3 months supply of homes, Average days on market were 74 days.  

Wow- what does all that mean?  If you are thinking of selling- now is a good time!  Contact me for a Free market analysis and a guide to get started!  

Check out my Website at;
www.AzSellsHomes.com 

Saturday, August 13, 2016

Top 10 East Valley Neighborhoods for Families

If you’re looking for a home either new or a re-sale- in the South East Valley of Phoenix; including Tempe, Chandler, Mesa, Gilbert, Queen Creek, or San Tan Valley you’ve got a lot of choices. Here are 10 communities in no particular order. I think they are worth checking out for your consideration if you are looking for a resale home.  

1.     Dobson Ranch – Built between 1973 and 1999, this well-established community offers easy access to freeways, walking distance to schools, and year round community events. Dobson Ranch offers tennis courts, community pool, golf course, meeting space, and programs for all ages.
2.     Val Vista Lakes – Located in the heart of the fast-growing, family community of Gilbert, Val Vista Lakes offers more than 24 subdivisions and lakeside views, and a community center with heated pool and beach with sand, where you can enjoy special events with family and friends.
3.     Augusta Ranch – Located in Mesa, Augusta Ranch offers golf, good neighbors, and daily private security to the residents of its 2,000 homes.
4.     Parkwood Ranch – Located in East Mesa, this community of more than 1,400 homes includes 40+ acres of parks, five tot play areas, lighted basketball and volleyball courts, and an elementary school.
5.     Fulton Ranch – Located in a sprawling Chandler community, Fulton Ranch offers playgrounds for kids, community parks, shopping and restaurants, and nearby Hamilton High School.
6.     Ocotillo Lakes – With more than 162 acres of interconnected lakes and water features, it goes without saying that Ocotillo Lakes is a beautiful community. The Ocotillo Golf Resort is perfect for a round of golf, a wedding, or another special event for friends and family.
7.     Seville – This is the premier community in the Gilbert area because of its proximity to the Seville Golf & Country Club, freeways, and schools. Walking paths, parks, and sports courts are available throughout the community.
8.     The Islands Walking distance to parks and schools, The Islands offers a great atmosphere, community activities, and three golf courses within ten miles.
9.     Power Ranch – Community pools and splash pads, 26+ miles of trails, community clubhouse and a 7.5 mile park make this a sought-after neighborhood, easy access to shopping and entertainment.   
10.  Red Mountain Ranch – Located in east Mesa, Red Mountain Ranch offers golf courses, community and fitness centers, and parks easy access to freeways and Canyon lake is only about 30 minutes away for the water lovers.



When you are ready to start looking for a home in one of these or other east valley neighborhoods, check out my website at www.AzBuysHomes.com go to the Map search and you will find all the listing on the MLS if any catch your eye I would be happy to help you see them- contact Beery Realty to schedule a buyer's consulation and get you on the right path!

Monday, May 30, 2016

Pre-qualified versus Pre-approved what is the difference and why does it matter.

Many banks will give you a pre-qualified letter-- but that is not enough if you are buying a home in Arizona. 
It is important to understand why you must do your part before looking to buy a home- this will save you many headache and will give you the best chance to buy your dream home when you do find it.  

If you are planning on buying a home in the next year, there are a few things you should do before you start looking: decide on the neighborhood that will provide you with good schools and a reasonable commute to work; get your credit reports and confirm all the information is accurate; and learn the difference between pre-qualified and pre-approved mortgage loans.

What Does Pre-qualified Mean?
The first thing you need to know is that being pre-qualified for a mortgage does not guarantee you will get one. When a lender sits down to talk to a prospective buyer, they will ask questions about the buyer's credit, assets, and income. It's important to note that no verification of income and assets takes place and no credit check is run. Pre-qualification is based solely on the information you provide to the lender, and it does not mean you will secure a loan.

What Does Pre-approval Mean?
When you are pre-approved by a lender, it means your credit check has been approved and your income and assets have been verified. The lender has made the decision to lend you a certain amount of money to purchase a home. The real estate agent and the seller know you can buy the house if you like it. A pre-approval letter from the lender defines how large a mortgage you are approved for. There is usually a time frame, such as 120 days, to use the pre-approval for the purchase of a home.

To Get Pre-approved You Will Need:
  • At least two years of W-2 forms, several weeks of current pay stubs that provide year-to-date income, two most recent tax returns, plus, proof of bonuses, alimony, and any other earned money.
  • Bank and investment account statements, which provide proof of assets that can cover the down payment and closing costs. If you receive money from family to use for your down payment, you will need a gift letter stating no loan is involved.
  • A credit score of 740 or higher to get the lowest interest rates. If your score is lower, you will have to pay more in interest or possibly make a larger down payment. FHA loans require a minimum of a 640 credit score.
  • A copy of your driver's license and Social Security number. You will also have to sign a release form allowing the lender to pull your credit report. You may be asked to provide additional paperwork if you have any specific circumstances that can affect your loan.
  • In the state of Arizona, there is a pre-qualified form that must accompany your offer this process can take a couple of days so it just doesn't make any sense to go looking for a home without this being done, even if you find the PERFECT home, you can't make an offer without going through this process.  
A pre-approval letter is what you need to get before you go house shopping. Do your preparation work before approaching a lender. Be cooperative, answer all the questions you are asked, and provide requested documents promptly. Once you have your pre-approval, it's time to find your new home.

There are some great lenders out there- but here are a couple I can strongly recommend;

Jeff Hanks at AmericFirst- 480-779-0606 jhanks@amerifirst.us 

Greg Sorenson at MegaStar Financial Corp- 602-403-3586  gsorenson2@gmail.com 

To get you on the right path and start your home buying process with the right foot! I would love to be your guide through the process- so please contact me when you are ready!  
BeeryRealty@gmail.com  or 480-570-1912  my website is www.AZBuyshomes.com