What is Good Faith Estimate When Buying Home in Phoenix AZ? The Good Faith Estimate, Defined One of the most confusing aspects of the process for first-time homebuyers is the mortgage. Common homebuyer questions include: Where to get one, how to get one, and what does all that jargon mean? Advice abounds, especially on the Internet. […]
Do Not Apply For Credit Before Close of Escrow
Do Not Apply For Credit Before Closing of Escrow When Buying a Home You found your dream home and you are under contract. So what’s next? First thing first: Do Not apply for new credit between the time you apply for a home loan and the day the mortgage closes aka close of escrow. The […]
The 6 Steps to Securing a Home Loan
The 6 Steps to Securing a Home Loan When Buying a Home From the word “mortgage” to the methods used by lenders to determine how much to loan, the home loan process can be confusing to first timers. In fact, one third of the respondents to a 2011 Wall Street Journal survey of homebuyers said […]
How to Be a Respectful Home Buyer
How to Be a Respectful Home Buyer When a home is on the market, the seller’s privacy goes out the window. It is almost guaranteed that some buyers will open drawers, peek inside cabinets and touch items that are obviously personal and not included in the sale. Coming home from work to find that the […]
Should You Skip the Home Inspection for a Better Deal?
Should you skip the home inspection for a better deal when buying home in Phoenix AZ? When Phoenix AZ Real Estate Markets are moving quickly, sellers sometimes become uncompromising. Why make concessions if your home is leading the neighborhood’s Ms. Popularity contest? This may lead buyers, caught in the frenzy of a bidding war, to […]
Should I Sell My House Before Buying New One?
Should I Sell My House Before Buying New One in today’s market in Arizona? If you are a current homeowner that wants to purchase a new home, you’re most likely asking yourself a question common to folks in your situation: Should I sell before I buy? The answer to that question depends on several factors. […]
What Counts as a Comp for Your Home?
What Counts as a Comp for Your Home in Phoenix AZ? From replacing a rusted out bathroom sink to laying laminate flooring, Americans are hooked on the DIY craze. Some things, however, are better left to professionals. Establishing your home’s current market value before putting it on the selling block or pursuing a refinance is […]
3 Points to Ponder About a Home’s Location
Phoenix AZ Buyers Beware: 3 Points to Ponder About a Home’s Location When buyers are on the hunt for buying a new home in Phoenix AZ area, they’re usually very focused on one thing: the house. Buyers can lose objectivity if they fall in love with one, and the thought process becomes akin to one […]
What to Look for When Buying an Older Home
What to Look for When Buying an Older Home Anyone who has visited San Francisco or Cape May, New Jersey knows how beautiful historic architecture can be. In San Francisco, they’ve even named their stately, restored Victorian homes “Painted Ladies.” But, are these older homes good buys? Considering that most of a home’s components deteriorate […]
What You Must Know About Insurance
What You Must Know About Insurance When Buying a Home in Phoenix AZ Buying a home in Phoenix AZ involves getting to know a lot of financial terms and processes that most first-time homebuyers have never been exposed to. One of the most confusing is insurance. If you’ve never owned a home before, your familiarity with […]
