Tag Archives: home buying tips

The Most Overlooked Symptoms of a Bad Roof

How to Know If Your Roof Needs Replaced

Ironically, few things are as overlooked as roofs in real estate. It’s ironic because your roof is precisely the thing that will protect your cherry wood cabinets, your valuables, and your wallet from substantial damage. Continue reading…

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Mortgage Rates Affect Monthly Payments More Than You Think

While most home buyers know that the sales price they agree to pay for their next home will impact how much their next monthly mortgage payment will be, I believe home buyers should pay as much, if not more, attention to their mortgage rate. Continue reading…

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4 Housing Recovery Myths Debunked in Phoenix Area

Average Sales Price per Square Foot 2001 - 2013

I read an article on Yahoo! Finance titled, “4 Major Housing Recovery Myths Debunked” earlier this week and it reminded me of how many people I’ve talked to this year who are also skeptical of the housing recovery we’re seeing here in the Phoenix/Scottsdale area. So, in the same way Brendon DeSimone addressed four myths related to the US housing market for Yahoo! Finance, I’m going to address those same four myths as they relate to the Phoenix housing market in this article. Continue reading…

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Home Buying Tips – Avoid Losing $3,000!

Today, I want to tell you a story about something that happened to a home buyer last week that no one wants to have happen to themselves! It involves a Scottsdale home buyer, his lender, and why he ended up forfeiting $3,000 of his earnest money (down payment money) to our client, the seller. Continue reading…

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The Importance of a Good Faith Estimate – Part 3

Mortgage Closing Costs

In my last article, The Importance of a Good Faith Estimate – Part 2, I described the first category of charges on a Good Faith Estimate (GFE), the ones that cannot change once they are quoted. Next, we’re going to take a look at the second category of GFE charges, charges that can change by up to 10%. Continue reading…

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The Importance of a Good Faith Estimate – Part 2

Mortgage Closing Costs

In my last article, The Importance of a Good Faith Estimate – Part 1, I explained what a Good Faith Estimate is and how it is broken down into three categories: charges that cannot increase, charges that can increase by up to 10%, and charges that can change. Today, I am going to describe which charges fall into the first category, charges that cannot change. Continue reading…

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The Importance of a Good Faith Estimate – Part 1

Mortgage Closing Costs

Clients usually ask two questions right off the bat when they talk to lenders: “What’s the interest rate?” followed by “How much is that going to cost me?” The first question is pretty straightforward but the second can be a bit more complicated to answer. There are several closing costs associated with financing a home and they can vary from lender to lender. Continue reading…

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Three Most Important Items to Bring When House Hunting

House Hunting Tips

As a Buyer’s Agent, I am often asked by home buyers what they should bring with them when we go house hunting together. Although you don’t *really* need to bring anything with you, here are the three most important items I recommend you bring with you to make the most of any tour you take of a home. Continue reading…

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