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 […]
Conventional Loan 3% Down Payment buying a house in Phoenix AZ
Conventional Loan 3% Down Payment for buying a house in Gilbert AZ Conventional Mortgage Loan 3% Down is a Fannie Mae program that requires a minimum down payment of 3% for homebuyers with limited funds. This is a lower down payment than FHA financing, and these loans also usually have lower mortgage insurance (MI) costs. […]
First-Time Home Buyer Mistakes when Buying Home
Avoid These 5 First Time Home Buyer Mistakes when Buying Home in Arizona According to the dictionary, a mistake is an error resulting from deficient knowledge or carelessness. While we can’t do anything about carelessness, when it comes to counseling first-time home buyers, the real estate agent is a tremendous resource to help overcome knowledge […]
Measuring Gilbert AZ House Value of a View
Measuring Gilbert AZ House Value of a View Suppose you own a castle on the flats and your brother owns one high atop a hill that features amazing, unobstructed views. Aside from location, the two castles are identical. Which one has the higher resale value? If you guessed that it’s the hilltop castle, you are […]
First time home buyer: Writing a Home Offer Letter
Writing a Home-Offer Letter – Is It a Good Idea? When buying a home in Phoenix AZ area, the most important letter you’ll submit to a home seller is the one you’ll get from your lender stating that you are preapproved for a mortgage. Savvy listing agents will counsel their clients to refuse offers from […]
The value of being Pre-Approved when buying home in Gilbert AZ
The value of being Pre-Approved when buying home in Gilbert AZ Prequalification is a lender’s best-guess estimate of what you can afford. But it’s not a guarantee. Pre-approval, on the other hand, is a firm commitment from your lender based on your actual finances. If you know what you want, pre-approval can help ensure you […]
Buying Townhouse in Phoenix AZ
3 Things to Consider Before Buying Townhouse in Phoenix AZ Buying townhouse in Phoenix Arizona? When you start browsing townhouse for sale in Phoenix AZ East Valley, have you ever noticed how the terms “townhouse” and “condo” are sometimes used interchangeably? This is most likely because both types of housing structures may be governed by […]
First Time Home Buyer Tips – Mortgage rate
First Time Home Buyer Tips Mortgage Rates First time home buyer: Did you know that mortgage rates today are less than half of what they were in 1990? That means if you buy now, more of your mortgage will go into building equity instead of being lost as interest to the bank. Contact Swee Ng […]
