Buy or Sell Homes in South East Valley of Arizona

5 Reasons the Holidays are a Great Time to Sell By Louie Ortiz 1.     Most areas are in a declining market – In a declining market, a home owner will typically get a better sales price now rather than waiting until after the holidays or even spring. 2.     There is less competition – Many homeowners take their homes off the market for the holidays. As a home seller, this means there is less competition. Generally more homes come back on the market after the holidays, which means increased competition for the seller. 3.     More serious buyers shop for homes during the holidays – The buyers that take the time to look for homes are usually more serious. Some may be relocation buyers that need a home before the end of the year. Some investors may also want to close before the end of the year for tax reasons. To read more, click HERE Homeownership Rate Rises After Two Years of Decline By Krista Franks After falling to a ...

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According to AZCentral article published today-- http://www.azcentral.com/business/realestate/articles/2011/09/26/20110926new-homes-sales-fell.html .  New homes sales are falling for the 4th month in a row.  This could be good for the buyer!  Picking up a new build for just about as much as a re-sale home!  As new homes are falling right now, I'm driving around the South East Valley one would ask, "Do the builders know something we don't?" Well, I woud say yes, they know that right now there is only about 2-3 months worth of a supply of re-sale homes in inventory.  Compare that to the same time last year we had a whopping 9-12 months supply.  Builders are getting permits again from the county, trying to be ready when the resale market turns.  That is something you don't hear much of- but the facts are- if you are thinking of purchasing a foreclosed home, then understand you are not alone.  there are many people trying to get in o...

  Wow there are so many golf courses in Mesa Arizona. That means there are a lot of homes on a golf course.   There are perks to living on a golf course and there is a down side.   If considering purchasing a home you might want to consider some of these.   Down Side ·          You must sign a waiver, that any damage to your home is your cost to repair not the company/HOA’s that own the golf course, they have no liability.   ·          You home insurance will be more costly. ·          Privacy, if you like your privacy- on the golf course is not for you. Upside ·          Your playground is in your back yard ·          Most times there is beautiful grass to look at and you didn’t have to mow it. ·      ...

Today I wanted to tell you about this hidden gem of a community. It is in Gilbert right off the US60 and Val Vista. Snuggled between mature trees, and a beautiful winding lake, there is a club house with a recreation center with cardio and weights, 8 court tennis complex, indoor racquetball a junior Olympic pool and spa banquet and meeting room a waterfall and tropical feeling lagoon swimming pool and it even has a beach you can enjoy.…making this a perfect place to own a home no matter if it is you’re first or a second home. There is a condo community with a garage within this marvelous community as well—for those who want less maintenance. Val Vista Lakes is more than just a wonderful master planned community. It feels like a paradise. VVL has 24 subdivisions offering both lakefront and off lake homes. Several communities are gated- some custom homes and others are track homes, so there is something for everyone. Top this off with Gilbert School district (one of the best...

1.      Limit fan use to only when you are in the room with them. Ceiling, oscillating and standing fans give you the feeling of being cooler without actually changing the temperature of the air. 2.      Use compact fluorescents, which burn cooler than regular bulbs. Not only will you save year-round, up to $40 over the life of the bulb, and in the summer you'll reduce the heat generated into a room. 3.      Use evaporative coolers and whole-house fans. Both are cost-effective methods of keeping a house cool without spending a lot. 4.      If you have central air conditioning, keep your thermostat at 78 degrees. Each degree above 78 can knock off an additional six to seven percent off your cooling costs. 5.      Get rid of hot air. Use an exhaust fan to blow hot air out of your kitchen while you’re cooking. The savings on your cooling costs far outweigh the electricity use...

These 4 Tips for buying bank owned properties, things you  should know before deciding to look at them.   We all have seen the enormous influx of bank owned properties, but do you know the down side of buying a bank owned property? There are Risks involved, but you can minimize these risks just by doing some due diligence. 1.) When signing the bank addendum, (a document the banks add on to the actual contract) make sure you realize what type of deed you are going to receive.   If it is not a General Warranty Deed, make sure you are getting the home and you fully protected with the most title insurance you can.   Most banks will issue you a Special warranty Deed, in Arizona.   If this is the case, you should look into extending your insurance policy to cover any gaps.    2.) Because the bank acquired the property through foreclosure, the bank will not be able to provide you with the (SPDS)Seller's Disclosure or the (CLUE Report) Insurance discl...

Well, the summer is just about here and not to sound too cliché...but our housing market is getting hot especially with our HUD Properties. Here are 3 things buyer's need to   know about buying   HUD properties; 1.)     HUD uses a blind bidding system, and the original list price is the price HUD determined is the market value by an appraisal, so if you want to get a loan for this property, you can't offer more than that price, as the lender's will not give you any more money that that price.   Doesn't mean you can't offer more but just be prepared to come out of pocket with the amount over.   [i.e. list price $100,000, you offer $104,000 you will be coming to the closing table with your closing costs and $4,000 + your regular down payment of 3.5% for FHA (owner occupant) or 10-20% for conventional].   2.)     HUD gives owner occupants a 10 day time period at the beginning of each listing, so they are not having to bid ...

Keep trying as I may to be positive, the facts are we have gone from 18-22 months of inventory on the MLS to about 3-6 months of inventory in about 1-1/2 years…so when folks ask me, “do you think the market is  still declining?” I would have to say ‘NO’ not in the South East Valley of Arizona. Have I seen prices rise? No not enough to make a significant difference. But in some cases, there are multiply offer and the folks are out bidding each other. Especially in the $120,000 price point and lower.  So, I would say, now is the time to be looking and buying…with the interest rates and the prices as they are, I would say this could be called the ‘Perfect Storm’. If you are interested in finding more out, please call or email me. If you want to start your search feel free to go on my website and do so…I would love to hear from you if you find a home or condo you are interested in. So we can get you on your path to own it! Elaine Beery 480-570-1912 Beeryrealty@gma...

Perhaps a bit optimistic, but in the last 3 months Our MLS (Armls) has sold on average about 1,000 more homes than we sold in 2005…Arizona Real Estate is hot, again! Yea there will be folks saying “but the price of homes has dropped so, how can you compare the two years”…to that I say…ba’humbug!! We all know the prices in 2005 were out of whack. But what I want to scream from the roof tops is…”Hey things are not as bad as what we hear from the TV and other media”. If you are able, NOW is the time to buy a home. But let’s all do ourselves a favor and have reasonable expectation. No promises of 20-30% equity in 2-3 years. If you are buying a home or condo realize it is a long term investment and you will do just fine. For more info on this or buying/selling a home in the Phoenix area, feel free to email or call. Just my opinion…takes it for what it is worth, Elaine Beery United Broker Group 480-570-1912 Direct BeeryRealty@gmail.com www.AzBuysHomes.com