Buy or Sell Homes in South East Valley of Arizona

I am writing this as a "food for thought article" Please take it as that... The history of interest rates have been up and down-- that is their nature. As the economy changes so does the interest rate. It is not a natural thing for either to be up for too long or down too long... it must change with the times.  I think that has been forgotten. in the past 10 years or so-- as a healthy economy needs to grow so does the views about it.  When the stock exchange continues to see new records broke though month after month-- I question the validity.  The American dream has always been (as long as I can remember) to own your own home- to be the person who reaps the benefits of ownership. To control one's life by knowing what your mortgage will be for a lifetime. God Bless America to allow that right of ownership- to allow each citizen the right to have a piece of the american dream.   Below is a chart showing the past interest rate and some comments about what ...

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 ...

You have dreamed about owning a home.  You have  saved for the down payment. Now it’s time to start looking for a house that’s right for you. It seems overwhelming to think about location, features, and other factors and that’s okay. That’s why you hired a full-time real estate agent; they can help you find a place to call home.  Here are 6 top things to consider:         Budget . No matter how badly you want the big house on the hill overlooking the lake, if it  isn't  in your budget, it’s not the house that’s right for you. Stay within your budget so you’re not house poor after purchasing your home. You will still have moving expenses, furniture purchases, and possible renovations, not to mention date night or nights out with friends and family.         Lifestyle . Think about how you live your life. If you travel a lot, you might purchase a condo because it is less upkeep. If you have dogs, you ...