Showing posts with label buying a house. Show all posts
Showing posts with label buying a house. Show all posts

Monday, May 27, 2013

Buying a NEW HOME? Bring Your Buyer’s Representatives with you a Realtor


Bring Your Buyer’s Representatives a Realtor
Why Every New Home Buyer Needs the Representation of a Realtor


New home sales here in Phoenix are UP, and have been for some time NOW,  and here in the Phoenix Area buyers are searching for a Newly Constructed or yet-to-be-constructed home. Unlike conventional home buyers, these buyers are generally less knowledgeable about real estate than the HOME SELLER are, since the sellers of NEW HOMES are DEVELOPERS and that’s what they do for a living. 
Because of the special complexities of a new home purchase, BUYERS are in desperate need of representation and counseling. Buyers NEED there OWN Representation. But many buyers feel when purchasing a New home, that they don't need a Realtor. When in fact it is preferred.
Realtors Are Your Advocate During the Process * Bring A REALTOR * The new Home Builder will have you sign a waver letting you know that THEY represent THE BUILDER NOT YOU! 

Employing the services of a Realtor, particularly when purchasing a newly constructed home, will give buyers an extra line of defense against many of the common issues that arise during the buying process.
Rather than battling the builder ALONE when problems arise during construction, your Realtor will take matters into their own hands and work to assure that any problem is corrected in a way that is suitable to you.
 
Realtors are also experienced in contracts and contract negotiations. While the wording of a contract may be somewhat cryptic to the buyer, a Realtor can clarify any wording that is confusing and work to get changes made to contract stipulations that are unsuitable. This will help to prevent misunderstandings and misleading contract terms that are binding, once a purchase agreement is signed.
Still Want to Go It Alone?
While some have successfully purchased homes directly from a builder, buyers should ask themselves if this is a risk that they are willing to take. In most cases, the peace of mind and protecting that is given by using a Realtor is well worth their commission. By choosing to purchase a newly constructed home through a Realtor, the likelihood of a positive outcome is almost assured, from start to finish. 

Call Linda Wieczorek 602-391-8246

Friday, September 23, 2011

What is a HUD Home?

What is a HUD Home? A HUD home is a foreclosure property that was taken over by HUD (Housing and Urban Development) as a result of a deficiency by the home owner on an FHA mortgage. HUD homes are available to anyone as long as they can qualify for a loan or pay in cash. HUD homes are sold "as-is". If a HUD home is in need of repairs, the price is marked down accordingly. HUD homes are sold through a bidding process where HUD-approved real estate agents submit sealed bids on behalf of their clients. HUD then reviews and typically accepts the highest bid.

SEARCH HUD HOMES

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Buying Phoenix HUD homes , Arizona Foreclosure, Fix-up homes and other investment homes in Arizona just became easier with AZPrideProperty.com Home Search

View for free the current HUD Bank foreclosure , Fix-up , and Pre-Foreclosure - Short Sales, Multi Dwellings, Historic Homes Properties available in the metro Phoenix, AZ area. Check OUT Scottsdale , Gilbert, Fountain Hills , Mesa, Tempe, Chandler, Queen Creek , Glendale , Goodyear , Buckeye , Surprise , Tolleson and West Valley HUD Homes.

This information is FREE and NO sign up required to view the information. If you like the live search and want to give me a jingle then call Linda 602-391-8246

Saturday, May 29, 2010

To Buy a Phoenix Home or Not to Buy - That Is the Question ?

To Buy or Not To Buy:

It seems every day where ever I go I am asked, Is it time to buy? Is the market better? Are people buying now? Will the market get better for buyers?

And my answer is : Yes, it is time to buy, and has been time to buy for the last yr. and half. Rates remain solid at or below 5% for most circumstances. If you are a potential buyers sitting on the fence, NOW is the time to jump off. There is no telling when rates will rise, but rise they will. The question is when and how high. Don't get burned. The  market is better,  and  yes it is getting better for the 1st time in 3yr according to the Phoenix Business Journal and  new research from Arizona State University.


Waiting for that 1/8 or even 1/4 point lower on rates is a gamble and the only benefit you may capture by waiting. If you have the money to put down and you feel your jobs are secure in this wild economy…then go for it.

Arizona State University shows that Phoenix-area housing prices in April posted a year-over-year increase for the first time in three years. The Arizona State University-Repeat Sales Index measures changes in average Phoenix-area home prices from year to year. The latest index finally reveals an estimated 1 percent increase from April 2009 to April 2010. This follows a 13-percent fall from December 2008 to December 2009, a 9 percent drop from January 2009 to January 2010, a 7-percent decline from February to February, and an estimated 3percent drop from March to March. The median price for Phoenix-area single-family homes is projected to be $135,000 for April, which would put the market back at the same level as December of 2008.

“This report reflects an important milestone in the recent housing cycle, with preliminary April data showing the first year-over-year increase in house prices market wide,” said Karl Guntermann, the Fred E. Taylor Professor of Real Estate, who authored the new report with Research Associate Adam Nowak. “Also, prices for lower-end houses and the foreclosure segment of the market, which turned positive in March, continued to increase on an annual basis.” The townhouse/condo market also remains rough. The new index shows a price drop of 26 percent from February 2009 to February 2010. Preliminary numbers for March and April anticipate 19 percent annual decline. The median town home/condo price in February was $86,400, with estimated drops to $83,500 in March and $81,000 in April. The ASU-RSI is produced through the Center for Real Estate Theory and Practice at the W. P. Carey School of Business.

The benefits out way the risk,  the best deals are happening now!  It is Time to BUY NOW...

Here is a link to the article: Home prices show first annual increase in three years - Phoenix Business Journal

Here is a link to the entire ASU-RSI report  

Contact Linda Wieczorek

Thursday, May 27, 2010

Historic Willo Tour - Downtown Phoenix

IN HEART OF Downtown Phoenix AZ. The HISTORIC WILLO DISTRIC Please call Linda Wieczorek 602-391-8246 for a list and tour of all the available Historic Willo Homes [

Friday, January 22, 2010

What is a FINAL WALK Through?

What is a FINAL WALK Through?

The final walk through is what you do right before you close on your home. It is the last chance you have to see the home you bough before you close.
it is also the time to check and make sure that everything in you Buyers Inspection has been completed.
After your offer has been accepted on a home, you do your 10day inspection. If you are lucky enough in today's market and you home is not a Foreclosure or a Short Sale, and you bought a Resale Home you can ask for repairs in you home inspection. In Arizona we use a Buyers Inspection Notice Sellers Respond Addendum. This is where you would request your repairs. Those repairs should be completed before you close on the HOME! This is where your final walk through comes into play.
A lot can happen in a month while you are waiting for the home to close.

I myself sold a home about 4 yrs ago. I painted, carpeted and got the home ready to sell, the day before closing the property, the buyer went back to the home to do the final walk through with there Realtor and the home was broken into...I could of died...Someone took a hammer to the walls and slopped paint all over the interior of the home. I did have insurance on the home to cover the repairs.. This is why it is good to do a Final Walk Through with your agent the day before close or even the morning before you go sign your docs.

The walk Through is very important, it protects the Buyer and you get to look once more at what you are buying before CLOSE. Ask your Realtor about your Final Walk Through

Monday, September 14, 2009

Exceptional real estate investment in Phoenix, HOW bout that FHA buyer!!

Phoenix, Arizona is one of the lowest priced housing markets in the West, with exceptional real estate investment opportunities.

But..... How bout that FHA BUYER!!! or shall we call them discouraged qualified buyers.

Not only are we seeing 7-10 offers on every decent low priced REO property, but of those offers about 50% of them are all cash. This has become a problem for the First time FHA buyer, who are constantly losing out to these cash bids.

Trying to sell lender owned homes to FHA buyers can be very frustrating, very time consuming and an extremely long process. Most of the REO listing in the MLS will say they accept FHA financing but when they have other offers for either Cash or Conventional terms it seem like the FHA offer is on the bottom of the pile.

Hopefully as banks release more of their foreclosed properties and the competition lessens as we approach the holidays, sellers will again start looking at FHA buyers. It's a shame that so many will miss out on the $8000 tax credit, lets hope for an extension there.

Monday, April 13, 2009

Five Reasons to Invest in Phoenix Real Estate


If you are a real estate investor, then you understand how important it is to have a knowledgeable Phoenix realty in your corner, helping to find the right properties at the right prices for you.

The TOP five reasons why it makes sense to invest in Phoenix AZ real estate.

Phoenix is a popular spot for "snowbirds," or retirees who come to live in the area during its notably warm and pleasant winter months. Many of these retirees are looking to permanently move to Phoenix, and would be interested in the properties we have to offer. I am seeing an increadable increase of retirees from Florida and California Area.

Another reason why Phoenix real estate is a smart investment is that the population here is growing rapidly as the economy diversifies. You will find people moving here because of the great job opportunities in government, the research being done at Arizona State University, and the many high-tech and telecom companies that have moved to the area. All About Phoenix

Investors focus on Phoenix real estate because the geography and natural habitats draw many people to live in Phoenix due to its proximity to several beautiful parks.; Places like Boyce Thompson Arboretum State Park with its botanical collection, the famed Desert Botanical Garden in Papago Park in Phoenix, the 16,500 acre South Mountain Park and others draw new residents to Phoenix on a regular basis

Sports fans use their love of their favorite games as an important reason for moving to Phoenix, and this brings more home buyers to the area. Phoenix is proud to be called home for the Cardinals football team, the Diamondbacks major league baseball team, the Phoenix Suns NBA and the Phoenix Mercury Women's NBA teams, as well as the Phoenix Coyotes ice hockey and Arizona Sting lacrosse teams.; Major league baseball teams, nine in number, also conduct spring training in Phoenix, and this is another draw that brings sports enthusiasts to the area to buy homes.
All About Phoenix

Golfers from around the world come to Phoenix to golf during its 320 days per year of sun, and many dream of buying Phoenix real estate so that they can enjoy golfing here on a permanent basis.; You will find famous courses such as the Arizona Biltmore-Adobe Course, The Legend at Arrowhead Golf Resort designed by Arnold Palmer, and the Superstition Springs Golf Club that has been a PGA Tour qualifying site are big reasons why golfing enthusiasts move to Phoenix
The Legacy Golf Resort
Talking Stick Golf Club (South)
Whirlwind Golf Club (Devil's Claw)
Estrella Mountain Ranch Golf Club

As a Experienced Real estate professionals in Phoenix I can help you understand the local market conditions, as well as help you analyze the information in Phoenix Housing Sales Reports so that you can make smart investment choices in Phoenix. I work with investors and an happy to provide you with references. 100% of the investors I have worked with in the past have returned in 2009 to once more invest in the Phoenix market. Please e-mail or call linda Wieczorek 602-391-8246.

Invest in Phoenix Real Estate

Thursday, October 23, 2008

Optimal time to buy in Phoenix

This is the optimal time to buy a home in Phoenix

Who should be buying residential real estate in Phoenix right now? YOU!!!
If this just might be your magic moment.
Interest rates are still deliciously low, but both current events and long term trends suggest they’re headed higher. If you are a 1st time home buyer, you will be buying your next home at a bargain-basement price.
I have sold 2 homes this month alone in Tempe, Mesa to college students, their parents are looking to snap up deals on condominiums and homes while prices are so low.

First-time home-buyers are taking advantage of this market, as well, with low-down-payment.
This is a great time to own a home in Phoenix.

The Investors, have already figured that out. It’s very easy to acquire a home in a commuter-friendly suburb that will be cash-flow positive from the first tenant. Investor loans can be hard to obtain, but prices are so low that many investors are simply paying cash.

Evaluate Your Physical and Financial Situation
I came across this today as I was having my coffee. I thought it was great info for the 1st time home buyer, so decided to put it on my blog... THX Frontdoor

About to buy your first place? My First Place buying guide will answer your questions, ease your anxiety and guide you through the process step-by-step. Great Info...
Questions call Linda 602-391-8246 or AZhomes4u@gmail.com

Before You Sign a Lease
Rent vs. Buy Calculator
Questions to Ask Yourself
What You Need and Don't Need to Buy a Home
Figure Out Your Financial Strategy
Recipe for a Mortgage
Tally Your Expenses
Owning a Home: The Monthly Tally
Save for a Down Payment
What to Know About Down Payments
Tax Breaks for Homeowners
Stop Procrastinating: Buy Now!

Assemble the Experts

Home buying Checklist
Find a Mortgage Broker
Shop for a Real Estate Agent
3 Things to Know About Agents
Find the Right Home Inspector
Consult a Real Estate Attorney
What a Title Company Does
Insurance for Condo Owners
Make the Most of Home Warranty Coverage
Inspections & Insurance
Real Estate Glossary

Trends

Trends
If you're selling real estate here in the City, you have a pretty good idea where things are headed... prices are not going up, mortgages are harder and harder to come across and the bad agents are going away...
the folks over at home and garden TV have come up with a similar lists... but to make it sound really authoritative they gave it a fancy title, but it works for me...



Contact Linda 602-391-8246 AZhomes4u@gmail.com

Saturday, October 18, 2008

How to Buy a house in a Real estate market Fueled by FEAR


Are you having a Hard Time pulling the trigger finger on the HOUSE of your dreams?



You’re not alone, Many home buyers are looking, waiting ,looking, drooling … looking, longing … looking and wanting to buy a house.

Why don’t more make a move, when it’s a fact that in many real estate markets throughout the country, Prices are LOW the lowest in 6 yrs. here in Phoenix.

Fear turns the dream of homeownership into the perceived nightmare of high risk. In most cases, fear is the number one culprit in letting go of your housing dreams:


Fear of Wall Street worries.


Fear of employment security.


Fear of buying at the wrong time


Fear of the current state of finances in the country.
A lot going on in your head.


There’s a little bit of fear (in the real estate market). It is always hardest to react when you’re afraid. All the money to be made is when you go against the trend.


This is when you want to buy, FACE the FEAR and Do It Anyway's

How do you buy a house in a real estate market fueled by fear?
It will take a little courage these days to buck up and buy your dream house.
It will take a little courage these days to move from the wish list to the shopping cart.

It will take a little courage these days to shut out the noise of worry and negativity and follow your own path.

The first key is to realize your intention..
1. Write it down.

2. Verbalize it.

3.Visualize it.
4. Next, gain knowledge.

5.Get at least three referrals for a mortgage broker from your local real estate agent and from trusted friends or co-workers who have made a recent move.

6.Visit a mortgage broker and get pre-approved. Then sit down with your pre-approval and work out what the numbers..you don’t end up overextending yourself.

7.Can you still buy groceries, pay your utility bills and maintain your desired lifestyle without a big drain on your finances?

8.You must speak to a real estate agent who has a pulse on local neighborhood values - for current and past markets.


Don’t settle for less than someone who does their due diligence and housing homework.

For a buyer right now, inventory is higher and in Phoenix Arizona, current real estate prices are at 2002. It is TIME to Buy your Dream HOME .... Send me an E-mail