A Monthly Newsletter Providing Comprehensive News and Information Regarding the Real Estate Market. THE REAL ESTATE R ESOURCE Top 5 Priorities for Home Buyers: Set your Budget: Most people are restricted in what they can pay, limit- ing their choices. Start by meeting with a lender to see what you’re most comfortable spending. Pick 5 Priorities: Do you want a modern or historical home? Are you looking for a two-story or a single- level? Is a pool a priority? Put togeth- er list of priorities. This helps prepare your realtor for your home search. All about Location: Location makes a difference for many buyers. But buyers need to understand why a particular location has appeal. If it is because the area is near work, that may be a fixed factor. But if family members think they need to live in a specific school district, they should think again. Arizona’s open-enroll- ment policy allows students to live outside of a district and still attend the school of their choice. If buyers like a home’s proximity to fine restaurants and upscale shops, they can get that in Scottsdale or the Arcadia area of Phoenix. But buying in Gilbert or Chandler will give them all of that plus more for their money. Is Bigger Better? Buyers need to think about their needs first. Sure a larger home may be exactly what they need, but they should not limit themselves to square footage when thinking about size. A larger house may have a lot of wasted space, while a smaller home with a great floor plan may make very good use of space. Wants vs Needs: Consider those things essential to everyday life when sorting through wants and needs. One person’s pleasure (a 1-acre lot) is another’s pain (mowing the lawn), but it is all part of the prioritizing that takes place throughout the homebuy- ing process. CORPORATE OFFICE 2500 S. Power Rd., Mesa, AZ 85209 480-854-2400 tel. www.integrityfirstrealty.com GINA KENT, REALTOR [email protected]480-266-0982 cell www.theGKgroup.com GET STUFFED phoenix delicacies GARAGE BOUTIQUE A fun place that features soft- serve ice cream, a candy bar, and an old school soda bar. Ask about the report card program. 7144 E. Stetson Dr., Scottsdale www.garageboutique.com ESSENCE BAKERY Experience the most yummy, flakey croissants in Phoenix. They have sweet and savory options to please any palate. 825 W. University Dr., Tempe www.essencebakery.com BARRIO CAFE Enjoy authentic southern Mexico cuisine and original chef creations. Be sure to try the table side guacamole, it’s absolutely amazing! 2814 N. 16th St., Phoenix www.barriocafe.com May 14 STAY CONNECTED
Transcript
A Monthly Newsletter Providing Comprehensive News and Information Regarding the Real Estate Market.
T H E R E A L E S T A T ERE S O U R C ETop 5 Priorities for Home Buyers:
Set your Budget: Most people are
restricted in what they can pay, limit-
ing their choices. Start by meeting
with a lender to see what you’re most
comfortable spending.
Pick 5 Priorities: Do you want a
modern or historical home? Are you
looking for a two-story or a single-
level? Is a pool a priority? Put togeth-
er list of priorities. This helps prepare
your realtor for your home search.
All about Location: Location makes
a difference for many buyers. But
buyers need to understand why a
particular location has appeal. If it
is because the area is near work, that
may be a fixed factor. But if family
members think they need to live in a
specific school district, they should
think again. Arizona’s open-enroll-
ment policy allows students to live
outside of a district and still attend the
school of their choice.
If buyers like a home’s proximity to
fine restaurants and upscale shops,
they can get that in Scottsdale or the
Arcadia area of Phoenix. But buying
in Gilbert or Chandler will give them
all of that plus more for their money.
Is Bigger Better? Buyers need to
think about their needs first. Sure
a larger home may be exactly what
they need, but they should not limit
themselves to square footage when
thinking about size. A larger house
may have a lot of wasted space, while
a smaller home with a great floor plan
may make very good use of space.
Wants vs Needs: Consider those
things essential to everyday life when
sorting through wants and needs. One
person’s pleasure (a 1-acre lot) is
another’s pain (mowing the lawn),
but it is all part of the prioritizing that
takes place throughout the homebuy-
ing process.
CORPORATE OFFICE
2500 S. Power Rd., Mesa, AZ 85209480-854-2400 tel.www.integrityfirstrealty.com
1Price increases are on the horizon. Home prices are
projected to appreciate by 4.5% this year and by over 19% from by 2018.
2Owning creates fam-
ily wealth. The Federal Reserve did a study that revealed the net worth of the average homeowner
is 30 times greater than a renter.
3Interest rates are project-ed to rise. The Mortgage Bankers Association, the National Association of Realtors, Freddie Mac
and Fannie Mae have all projected that the 30-year
mortgage interest rate will be over 5% by the
spring of 2015.
3
Deciding to Buy:
The housing market post-crash is a tricky
one. Real estate agents help you navigate
foreclosures, short sales, tighter lend-
ing standards and a whole host of other
issues.
Financing:
A real estate agent already has contact
with local lenders. They can help you
find a reputable local lender who will
provide good service and act in your best
interest.
Finding a Home:
An experienced real estate agent has up-
to-date info on what is happening in the
marketplace including pricing, financial
terms, and trends in the market.
Make an Offer:
Good real estate agents are experienced
negotiators and have a mastery of details:
helping you complete a real estate trans-
action that encompasses a win-win price,
transaction details like preferred time
lines, financing details and other impor-
tant info.
Due Diligence & Inspections:
The initial agreement is only the begin-
ning of the process. Appraisal, inspection
and financing all pose as possible pitfalls
in a real estate transaction. A real estate
agent gives objective professional advice
to resolve issues and move a transaction
to closing.
Closing:
An agent understands the closing paper-
work and knows what to look for regard-
ing closing costs, tittle insurance, pro-
rations and other fees that come up at
closing.
Why Use a Real Estate Agent?
A R E A C O M P A R A B L E S A T A G L A N C E
1802 E. Cascade Dr.4 bed 3 bath
Sold for $450,000
1862 E. Catamaran Dr.3 bed 2 bath
Sold for $425,000
1831 E. Monarch Bay4 bed 3.5 bath
Sold for $654,000
1314 E. Treasure Cove 6 bed 4.5 bath
Currently listed at $1,000,000
1411 E. Coral Cove Dr.5 bed 4.5 bath
Currently listed at $865,000
1449 E. Catamaran Dr.5 bed 3.5 bath
Currently listed at $600,000
SOLD SOLD SOLD1210 S. Parkcrest Ct.
4 bed 3 bathSold for $240,000
SOLD
509 W. Amoroso Dr.3 bed 2 bath
Currently listed at $250,000
2841 E. Nunneley Rd.4 bed 2 bath
Currently Listed at $333,000
2920 E. Cathy Dr.5 bed 3 bath
Currently Listed at $309,900
2325 E. Beachcomber 4 bed 3 bath
Currently Listed at $399,900
1450 E. Catamaran Dr.5 bed 3 bath
Currently Listed at $474,000
The Gina Kent Group2500 S. Power Rd.,
Suite 121Mesa, AZ 85209
A L O V I N G H O M E21126 E. Saddle Way, Queen Creek, AZ 85142
You won’t
want to miss this love-
ly, recently remodeled,
single level home that
is located near a cul-de-
sac! The eat in kitchen
features a breakfast bar
with gas appliances. All
bedrooms are complete
with plush carpet and
warm wall tones. The
master bedroom leads
off the backyard, with a
full bathroom featuring
a dual sink vanity, tub
and walk in closet. This
home is a must see and
won’t last long, contact
us today to schedule a
showing!
$205,000MLS# 5109347
offered at
Each Keller Williams® Office independently Owned & OperatedIf you are currently working with another Broker please do not consider this a solicitation.
