Phoenix rents rise, Some zip codes have seen 15-20% increase 2016

Rents are rising in Phoenix  

All you have to do is drive central Phoenix and see at least 15 apartments and condos being built in central Phoenix Area . Phoenix is growing and it really is showing along with  Phoenix Rents raising higher and higher. Anyone one living in central Phoenix can tell you rents are rising.

Rentalcafe.com  breaks rents down by zip code and half the valley rose 9% in 2015.  With all the new construction going on in apartments I don't see rentals prices going down. 

How much can a landlord raise your rent? There is effectively NO Limit on rental increases. NO rent control and the State has no interest in helping tenants by regulating rent.  

With rents on the rise is buying more affordable then renting? In markets where home prices are relatively affordable. 2016 may be a very good time for some renters to take the plunge into home ownership before home prices and interest rates rise even higher. The higher the prices and interest rates makes it tougher to afford and qualify. 

The City  has several down payment assistance programs, I call it Free Money for info contact:

 Linda Wieczorek  @ 602.391.8246 or email azhomes4u@gmail.com

HOME IN 5 PROGRAM - THE HOME IN 5 PROGRAM OFFERS UP TO 5% OF THE LOAN AMOUNT TOWARDS YOUR DOWN PAYMENT IN MARICOPA COUNTY ONLY. INCOME LIMITATIONS AND DEBT RATIO LIMITATIONS APPLY. YOU DO NOT NEED TO BE A FIRST-TIME HOMEBUYER BUT MUST MEET MINIMUM FICO SCORE REQUIREMENTS AND FHA GUIDELINES. MAXIMUM PURCHASE PRICE SHALL NOT TO EXCEED $300,000.

NEIGHBORHOOD LIFT PROGRAM - THE NEIGHBORHOODLIFT PROGRAM  IS ADMINISTERED BY NEIGHBORHOOD HOUSING SERVICES OF PHOENIX, NHS PHOENIX, AND CAN BE USED TO PURCHASE A HOME IN THE CITY OF PHOENIX. UP TO $7,500 CAN BE AWARDED TO THE PARTICIPANT IN THIS PROGRAM TO BE USED TOWARDS DOWN PAYMENT AND CLOSING COSTS. BORROWERS MUST MEET AREA MEDIAN INCOME (AMI) REQUIREMENTS AND APPLY FOR A 30 YEAR FIXED MORTGAGE HOME LOAN ONLY.

OPEN DOOR - This program is designed to assist eligible first-time homebuyers with the purchase of an affordable home in the City of Phoenix. Based on need, the program provides a deferred payment loan up to $15,000 to assist with down payment and closing costs.

There are several other programs out there to HELP with down payment, if you would like more information about FREE money and home buying 

please contact me: 

Linda Wieczorek  @ 602.391.8246 or email azhomes4u@gmail.com

Looking for Property management in Phoenix

Why Choose Arizona Elite Property Management with Linda Wieczorek  

People at first always assume they don't need to hire a property manager because the property manager is just going to do something they can do themselves, and get paid for it. I can see how investors buying homes think this. Many of these same people end up in court for failing to comply with housing regulations, or dealing with disgruntled tenants.

What do you know about fair housing laws? How about lead paint disclosures? Eviction Processes? If you are the average Jim Homeowner then the answer is probably very little. A property manager knows all about all of those things and many other small details to ensure that you are compliant with all federal and state laws as well as protecting you and the tenant with a well formed and legal leasing agreement.

Call Linda Wieczorek 602.391.8246 

Arizona Elite Properties 225 E Germann Rd, Ste 110. Gilbert, AZ 85297

Our main objective is to provide service that will exceed your expectations.

Landlord Services 

• All property managers are Licensed with the Arizona Department of Real Estate 
• Full tenant screening within five minutes of application. 
• Background and credit check 
• All approved vendors are registered, bonded and insured and must have workers compensation. 

Documents Required 

• State of Arizona approved Residential Rental Agreement 
• Crime free addendum's 
• Smoke free addendum's 
• Drug free addendum's
•  Pet agreements 
• Key agreements 

Services 
Our objective is to make recommendations that will reduce your expenses and increase your income. All tenants funds are processed immediately and our turn around time to the landlord is 48 hours. We have 24 state licensed property managers and six administrative personnel. Our broker has been licensed for 28 years, in New York, Arizona, and Costa Rica. We process evictions quickly and use attorneys that specialize in property management only.

Call Linda Wieczorek 602.391.8246 

All the Single Ladies (Are Buying Homes)

All the Single Ladies (Are Buying Homes)

It doesn't come as a huge surprise that the largest share of home buyer households is married couples. In fact, 67 percent of all home buyers are married couples. The second most common group of buyers, however, is single females. According to the 2016 National Association of REALTORS® Home Buyer and Seller Generational Trends report, single females make up 15 percent of all home buyers, and this number creeps up when looking at older buyers—20 percent of buyers between 51 and 60 years of age and 19 percent between the ages of 61 and 69 are single females. These percentages are substantially higher than those for single males, who only make up 9 percent of all home buyers; the share of single made buyers is even lower in older age groups, only 10 percent of buyers between 51 and 60 are single males.

Story Springboard

Review NAR's most recent Home Buyer and Seller Generational Trends study to see the makeup of home buyers for each age group. Talk to a Realtor® to find out who is buying homes in your area. Speak with single female buyers to find out why they are purchasing a home now and what they are looking for.

Highlights -  Home Buyer and Seller Generational Trends

• At 35 percent, buyers 35 years and younger continue to be the largest generational group of home buyers with a median age of 30 years old.
• First-time buyers made up 32 percent of all home buyers, down from 33 percent last year.
• Sixty-seven percent of buyers 35 years and younger were first-time buyers, followed by buyers 36 to 50 years at 26 percent.
• The most common type of home purchased continues to be the detached single-family home, which made up 83 percent of all homes purchased.
• Eighty-nine percent of Millennials, 87 percent of Gen X buyers, and 85 percent of Younger Boomers purchased their home through an agent.

Phoenix Real estate Multi Family Residential Investment

Phoenix Multi Family Residential Investment HOT Sheet 

         Investing in Apartments - Cash Flow, Appreciation & More   VIEW  Phoenix Duplexes, Triplexes and Fourplexes For Sale

Why Apartment Investing?

Cash Flow, Cash Flow, Cash Flow, more cash flow with a multi unit or apartment then SFH . Owning more units increases the overall probability of success. 

Buying Real estate for investment, Not any real estate but real estate that will hold its value, apartment buildings. Apartment rents are still going up, the value of apartment buildings have the best chance of appreciating and are appreciating while everything else goes down. With the low interest rates you can have a positive cash flow. Mortgage rates are currently 4.5% to 6.5%.  Apartments have become a better investment for two main reasons. First, carrying costs (interest costs) have been going down. Second, income has been going up, substantially. For more information of multi - units  give me a jingle. 
Linda Wieczorek 602.391.8246 AZHomes4u@gmail.com  

VIEW  Phoenix Duplexes, Triplexes and Fourplexes For Sale

 

FOR RENT - Avondale with POOL - Summer is around the corner

           RENTED - 03/01/2015

3BR/2BA Single Family House - Avondale

Free Rental  Locating Service w/ licensed Realtor*Need Help Call Today  602.391.8246 Linda

12742 W Monte Vista Rd, Avondale, AZ 85392

snag a Home w/ a POOL NOW before summer is here!

$1,195/mo

KEY FEATURES
Sq Footage: 1450 sqft.
Bedrooms: 3 Beds
Bathrooms: 2 Baths
Parking: 2 Garage
Lease Duration: 1 Year (See Details Below)
Deposit: $1,195
Pets Policy: Dogs OK
Laundry: In Unit
Property Type: Single Family House

DESCRIPTION

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Immaculate 3 bedroom, 2 bath, rental in gorgeous RANCHO SANTA FE. Bright and inviting ambiance highlighted by the vaulted ceilings, earth tone tile through out home, All appliances included. The Fabulous backyard is truly an oasis and perfect for family entertainment, relax into a serene sparkling pebble tech, grassy play area and a large covered patio parks near by, walking paths, and highly performing schools right around the corner! This is truly the perfect rental with Great landlord.
Call Linda 602-391-8246 AZhomes4u@gmail.com

RENTAL FEATURES

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• Walk-in closet
• Breakfast nook
• Office
• Range / Oven
• Refrigerator
• Dishwasher
• Microwave
• Yard
• Heat: forced air
• Air conditioning
• Cable-ready
• High-speed internet
• Tile floor
• High / Vaulted ceiling

COMMUNITY FEATURES

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• Shared pool

LEASE TERMS

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$1,195 month + TAX 2.5%
$1,195 Security
$300.00 Pet Deposit / $150.00 Non-refundable
$300.00 Cleaning Deposit

Contact info:
Linda Wieczorek
AZPrideProperty.com
602-391-8246 

Free Money Available to Help You Buy a Home! FREE MONEY!!

The Home In 5 Advantage program is one of those great things that if you can take advantage of it – do!  Right here in Maricopa County, there is free money available to help you buy a home. But the money won’t last forever – when the program launched, there was about 32 million available – and as of April, 2014 there is now about 2.5 million left. It is possible that another allocation of money will happen – but don’t count on it! Get pre-qualified now with a leading lender who is participating in the program. 
Call Linda Wieczorek 602.391.8246 for Lender Information

Down Payment Assistance Program -  Home in 5  -  The Home in Five Program for 2015 is a down payment assistance for purchasing a residential home. It's available to everyone whether you are a first time home buyer, buying after a short sale, buying after a foreclosure or moving up from another home. YOU DON'T HAVE to REPAY the Grant!! That's RIGHT

*This is a Grant and does not have to be repaid back and is not taxable as income* Whoo Whoo

The Home in 5  program is offered through Participating lenders to Home buyers that are looking in Pinal and Maricopa County.  The industrial Authority of the county of Maricopa and the Industrial Development Authority of the city of Phoenix, Arizona have joined forces to help home buyers purchase homes in Maricopa county through FHA, VA or USDA loan programs by giving those that qualify for the program a non-repayable 5% (4% in Pinal County) toward closing costs and Down Payment.

Home buyer Eligibility Requirements

Buyers must have a minimum FICO credit score of 640 and maximum 45 debt-to-income (DTI) ratio.

YOU must attend a home-buyer education class and obtain a certificate of completion, and receive a home inspection.

Income must be under $88K - That's RIGHT! ( no income requirements for military personal).

Program Eligibility

Purchase a home anywhere in Maricopa and Pinal County, including in the City of Phoenix.


Buyers must occupy the home within 60 days of closing.

Must occupy the home for 1 year.

Can be used to buy a Single Family Residences, Town Homes or Patio Homes

Check it OUT - what you receive in closing costs and or down payment.. NOT to shabby to get into your own home and take a 8hr class..
Loan Amount : $185K - 5% = $9,250   - 6% =$11,700

If you would like more info on this program give me a call,  give me a call Linda 602.391.8246

Flip Houses Like a Pro without Lifting a Hammer

Do want to flip properties for profit - Don't  just talk about it? 
Flipping with Linda enables YOU to become a full time flippers while keeping YOUR day job. 75% of the properties we buy are purchased at the  auction or are deals we here about, we keep out eye and ears open. We will do everything for you.

a.  Find and  due-diligence                              
b. Attend and bid at the auction or find your property from one of our many sources.

c. Rehab                                                          
d. Look after the whole project
e. List property after renovation
f.  Find a buyer 
g. Deposit your profit  into your account  

Investor Search

Experience and expertise to buyers looking for discounted properties and sellers of Arizona homes, condos, and other residential properties is offered by professional Realtor®  Linda Wieczorek 602.391.8246