First Time Home Buyer: ARM vs Fixed Rate Which Mortgage Is Better When Buying Home in Phoenix AZ? If you are thinking of buying a home in Phoenix area, chances are you’re debating on whether to get an adjustable-rate mortgage (ARM) and a fixed-rate mortgage. So what’s the difference between them and which one is […]
How rising interest rates will impact housing affordability
How rising interest rates will impact housing affordability when buying a home in Phoenix Arizona? When buyer looking to buy a home, there are many things to consider and think. Most home buyers today may asking themselves “How much can I actually afford to pay monthly?” and “How will buying this home affect my lifestyle?”. […]
What you need to know to increase your house value
What you need to know to increase your house value with inexpensive staging tips? It is true. A low price will get past most buyer objections. Here’s some tips so you DON’T HAVE TO LOWER your price. Here are a few easy and inexpensive staging tips that will make your home attractive to new home […]
What You Need to Know About Home Appraisals
What you need to know about home appraisals and how does it impact the real estate transaction? Knowing the value of your property is important when you want sell your house. If you are the buyers, you and your lender want to know the value of the house, rather than what seller is asking for. […]
Financial mistakes when buying your home
First Time Home Buyer: Don’t Make These Financial Mistakes When Buying a home in Arizona As a home buyer, especially first time home buyer, you have pressure to get things right on finding your dream home. Shopping for a home is exciting, exhausting and a little bit scary. In the end, your goal is to […]
4 Things to Look for When Buying a Fixer Upper
What to Look For When Buying a Fixer Upper House? Buying a house with a little TLC might seem like a bargain, especially for buyer who love older houses — and love to work on them. The notion of buying a fixer-upper can be irresistible. Just think: You can get a good deal a rundown […]
Parties Involved in Real Estate Transaction in Arizona
Parties and Responsibilities Involved in Real Estate Transaction in Arizona Buying and selling a home in Phoenix may be the biggest business transaction in your life. Ever wonder how many people are involved in the buying and selling of a residential property? The typical sale of a home today involves more than 20 steps and […]
Common FHA Appraisal Repairs
Common FHA appraisal repairs when buying home with FHA loan When buying a home with FHA mortgage, the Federal Housing Administration (FHA) of the U.S. Department of Housing and Urban Development (HUD) requires that properties financed by the FHA meet its minimum standards of safety, security and soundness. Essentially, the home must be habitable, with […]
3 Percent Down Payment Buying Home Phoenix
Conventional Loan with 3 Percent Down Payment Buying Home Phoenix In an attempt to attract more first time home buyers, several banks and mortgage brokers are offering lower 3 percent down payment program for a mortgage. This is a lower down payment than FHA financing, and these loans also usually have lower private mortgage insurance […]
Buying a House with FHA Loan in Phoenix AZ
What you need to know when buying a house with FHA loan in Phoenix AZ Home buyers today don’t often buy homes with 20% down payment. Low and no down payment mortgages remain popular with first-time buyers and repeat buyers and one of the most popular low-down payment mortgage program is the FHA loan. Read […]
