Posts

Showing posts from July, 2019

Tips on selling your home in Arizona

Image
1. Your neighbors. Most homeowners contemplating selling their homes understand the importance of well-kept neighboring homes. Many a buyer has pulled up to an amazing house, viewed it, and left shaking their head with woe, saying great house, but I can’t live here.   On the flip side, your neighbors themselves - not just the homes, but the people - can actually help sell your home. Many homeowners know people who want to live in their neck of the woods; this is one reason many seasoned real estate professionals hold their listings open to neighbors and send out postcards to neighbors announcing the listing - the neighbors might know people who are interested in your home! It’s a good idea, if and when you decide to list your home for sale, to touch base with neighbors you know and let them know; it’s in their best interests to get good new neighbors, so they might be able to go the extra mile in showing the neighborhood’s biggest asset - themselves - off to its best ad...
Elaine Beery 480-570-1912 Here, and well, just when you think mortgage rates can't go much lower-they do! If you are on the fence thinking of buying a home, this would be considered the "Perfect Storm". Low home prices, coupled with very low interest rates, and throw in required down payment to be in some cases only $1,000..it just can't get any better! Call for details or For the rest of the story click; http://ping.fm/Bi9sx 30 Elaine Beery 480-570-1912 Direct 480-248-2826 Fax Elaine@BeeryRealty.com www.BeeryRealty.com www.Shortsales-Elaine.blogspot.com

What do you have to do, to be a successful seller in today market

Image
The goal for any home seller is to sell a property quickly at the best price for the market. Here are six characteristics that will help home sellers succeed. 1. Realistic Expectations  Real estate agents do not pluck listing prices out of thin air. Every price range they recommend to potential home sellers is the result of meticulous research: of the property, the neighborhood and the current real estate market. Most of the factors that affect a property's saleability―location, interest rates, the local job market―are outside the seller's control. Other things, such as the condition of the home and how it is presented, are within the seller's control. Highly effective home sellers address the things they can control and accept the things they cannot. You might not like what the market is saying, but it doesn’t lie. 2. Flexibility A flexible home seller is open to suggestions. Listen to your agent and heed his or her advice regarding pricing the home for sale, m...

July Market Report for 2019

Image
Inventory is the story for the greater Phoenix real estate market in July.  Active listings were down 4.1% to 15,442.  The median price continues to rise, up 4.1% to $279,000. Lack of inventory continues to squeeze buyers, especially below $200,000. And now buyers looking for something between $200,000 and $250,000 are having a difficult time too, as new listings in this price range were down a whopping 15.1%! Fortunately, interest rates are still favorable, with 30-year loans at 3.75% with .5 points, down .78% from one year ago (Freddie Mac, 07/11/2019). In their July/2019 report, Freddie Mac says: “The recent stabilization in mortgage rates reflects modestly improving U.S. economic data and a more accommodative tone from the Federal Reserve to respond to the rising downside economic risk from trade tensions and soft global economic data. On the housing front, the latest weekly purchase application data suggests homebuyer demand continues to rise, which is co...

Work With A Professional That Understands The Balance Needed When Going Through A Divorce Or A Death In The Family.

Image
Why find someone trained to do this? For the same reason you find a specialist when you need a doctor. I have earned my RCS-D and other destinations that help in knowing the ins and outs and to understand the needs and have the team in place to get the job done! In Arizona--The family home is usually the most significant asset in divorce and elder mediation or the passing of a loved one, often with significant debt but not always.  However, appraisal minus mortgage does NOT equal actual equity. This incomplete equation leaves your house over-valued and that works against you in family mediation for divorce and elder matters. Don’t settle for a bad property settlement. In addition to the inaccurate and unfair division of your property, you risk damaged credit, default, foreclosure or even bankruptcy.  Remember all those documents you signed when you bought the house? Most are missing when mediating that same house. My team and I  provide free help to gathe...
Image
FHA Kiddie Condo Program In Arizona, the FHA kiddie condo program is a popular option with Arizona parents who have kids going to college. The FHA kiddie condo program is really just a regular FHA loan with a nickname “Kiddy Condo” mainly because it is used for these college-aged-kids situations.  It could also be used for a home for older parents as well. With prices so low and interest rates historically low, this could make sense for quite a few people!! The term “Kiddy Condo” is just a nickname. Highlights of The FHA Kiddie Condo Loan Program Include: The Kiddie Condo loan program is offered by the FHA, and it is designed to provide a way to help young adults purchase their first homes. This program can be very beneficial to you if you qualify. Here are the basics of the Kiddie Condo loan program. The Kiddie Condo Loan This is a program that is designed to be for parents and their young adult children. The child is going to want to purchase a home, and the pa...