Buying your first home is an exciting time of your life. It is the American dream to own your own home. Whether you are buying a home in Phoenix, Scottsdale,Glendale, Mesa, Tempe, we hope that you find the information useful. Be sure to get yourself educated, as when you do, buying a home will be a less stressful experience for you.
To start the process, you first need to know how much home you can afford and qualify for.This is a question that your real estate agent will ask about and this is an answer that the potential seller will want to know about.
Learn How to Buy a Home.
Therefore, the first tip for buying a home in Scottsdale, Phoenix, Mesa, Tempe, Glendale, Arizona would be to learn about the loan process and learn how much home you qualify for.
When choosing your lender, be sure you meet with a professional that understands the current industry guidelines, will take time to educate you on your options and provides you with details of how much home you can afford.They should first pre-qualify you and then move forward with an actual pre-approval.A pre-approval will allow them to do their due diligence in verifying all of the information and will allow them to issue a Loan Status Report, otherwise known as the LSR.This LSR will be needed by your real estate professional when they make offers on the home you wish to buy.
Therefore, once you understand the loan process, get yourself pre-qualified and pre-approved, you choose your real estate professional.
The real estate professional will most likely ask you:
What area do you want to live?
Are you looking to be close to a certain school?
How much would you like to spend?
Have you been pre-approved for a home loan?
How many bedrooms are you looking for?
Is a 3 car garage important or is a 2 car garage acceptable?
Is a carport acceptable?
You want to be sure to provide the real estate professional with as many details as possible so when they search the Multiple Listing Service otherwise known as the MLS, they will know how to find homes that meet your needs and you will not waste your time in looking at homes that do not meet your needs.
Once you find a home, the realtor will need the Pre-Qualificaiton Form to make an offer.They will guide you to position your offer for success.Once your offer is accepted, then you move into the closing process.
Wishing you much success with your new home purchase and if you would like to take the first step in learning more about the loan process, I invite you to contact, Karen Jones from Amerifirst Financial at 480-339-1577 or email me at kjones@amerifirst.us.
We invite you to share these tips of how to buy your home with your family and friends.
You are invited to learn more about the process of how to buy a home in Scottsdale by visiting
Paying it Forward to Sarina Brown, Certified Personal Trainer in Scottsdale, CrossFit Level I Coach.
Attention Scottsdale: the New Year is here and while you are making your plans for the new year, you may want to add your own personal fitness into the plan.
As I write this blog to share my thoughts on the subject, I want you to know that I have done just that. I have included this extremely important goal into my plan, as I do understand that if you do not plan it, it will not happen.
Sarina Brown, Personal Trainer in Scottsdale, CrossFit Level I Coach takes the extra initiative in motivating me like I have never experienced in the past.It is really refreshing that someone, other than myself, cares about the goals that I have made for myself.
The CrossFit workout experience is completely different than anything I have ever done in the past.And it is extremely effective.As I watch others work out, I see the strength that they have acquired from the CrossFit workout experience.Sarina Brown, Certified Personal Fitness Trainer in Scottsdale uses the Urban Warfit CrossFit gym.Urban Warfit CrossFit is located in the Airpark in North Scottsdale.Everyone there encourages each other and the comradeship is strong.They have a live DJ and the music is very motivating.
Sarina Brown, Certified Personal Trainer in Scottsdale is also a Fitness Chef.She teaches how to prepare healthy meals to support the CrossFit workout experience.She asks me, “Do you ever find yourself grabbing unhealthy foods as I go about my busy day?”Of course, I answered “yes”, as my day is extremely busy with helping my partners market themselves and closing escrows.
Sarina promised that she could help.She is teaching me how to design a delicious and healthy menu that I enjoy so I can support my CrossFit exercises.
Sarina Brown, Certified Personal Trainer in Scottsdale, CrossFit Level I Coach offers:
Grocery Shopping for You.....Save time.
Grocery Store shopping with you.....Learn how to plan and buy the good stuff.
Prepping Healthy Meals at Your Home.....easy healthy food.
Personal Fitness Chef Dining Experience.....Have an amazing gourmet meal prepared as you relax and sample.
Fitness Chef Catering.....Amaze guests with healthy and delicious party food.
Sarina Brown, Certified Personal Trainer in Scottsdale, CrossFit Level I Coach makes sure that I exercise regularly. She explains that most people never achieve their personal fitness goals because they don’t make the time or have the motivation to exercise regularly. With personal training she ensures that a structure is created to get the job done. And she makes sure that I go. Texting calls, etc. Sometimes, that exactly what I need.
So, if you are looking for a Certified Personal Trainer in Scottsdale, CrossFit Level I Coach, you need to look no further. You are invited to give Sarina Brown a call and tell her Karen sent ya!
Sarina Brown
602-999-9727
Certified Personal Trainer in Scottsdale- CrossFit Level I Coach
8261 E Gelding Drive Suite B
Scottsdale, AZ 85260
Sarina@AZFitnessTrainer.com
Website: http://www.azfitnesstrainer.com
Personal Trainer- Sarina Brown AZ Fitness Training
KCM Blog has asked that I do my part in spreading the word on their blog sharing news about how now is really the time to buy. Their blog is straightforward and to the point. In order for our economy and industry to heal, we need to take action in spreading the news of why now is the time to buy.
Karen Jones, Licensed Sr. Loan Officer from Amerifirst is on board.....are you?
We received some tough news on housing last week. Prices are still softening. There was a lot of negativity surrounding these reports. The news caused more consumers to be concerned. However, the real question is what this means to you and your family. This could actually be great news if you are buying (either as a move-up buyer or a first-time buyer).
We don’t want you to take our word for this. Instead, here are excerpts from articles published last week by two of the country’s iconic financial publications: TheWall Street Journal and Forbes Magazine.
“Despite all the gloom, there are growing indications that it is a good time to buy… The long-term benefits of homeownership remain very much intact. For now, at least, you can deduct the mortgage interest on your taxes�"a big perk for people in higher tax brackets. You get to paint your walls any color you wish, without having to clear it with a landlord. And assuming you can buy a home for about the same price as you can rent one, buying will give you the ability one day to live rent-free. Come retirement time, a paid-off mortgage means your monthly expenses are significantly reduced, and you have a chunk of equity to play with.”
“If you’re planning to buy a house right now, the next few months may be the best time to buy… With a convergence of the factors (mentioned in the article) all of which are favorable to the prospective home buyer, there may not be a better time to buy than right now. It’s a buyer’s market, but like everything else in life, the bargain deals won’t last.”
Bottom Line
When the Wall Street Journal and Forbes have articles saying now is the time to buy, maybe it’s time to buy.
How to get an offer accepted. Scottsdale, Phoenix, Cave Creek, Fountain Hills, Glendale, Peoria, Sun City
Karen Jones, Licensed Sr. Loan Officer from Amerifirst Financial is constantly reading about her industry to stay informed and educated on the real estate industry. The KCM Blog is a great source of information and this blog is great for buyers wanting to learn how to get an offer accepted.
You have finally found the house of your dreams. It is priced right and is receiving a lot of attention from other buyers. You don’t want to miss this opportunity so you are ready to put in an offer with the real estate agent immediately. What can you do to guarantee your offer is the one accepted? How to get an offer accepted. Financially, offers can be broken down into three categories:
1.) An All-Cash Offer
Obviously, a cash purchaser is always favored by any seller. In today’s real estate market, an all-cash offer is even more enticing. Last month, one in four real estate transactions were impacted by a low appraisal. An all-cash buyer eliminates the need for the bank appraisal.
2.) A Non-Contingency Offer
If you don’t have the cash reserves for an all-cash purchase, the next best thing would be to make a non-contingency offer. To do this you should be already pre-approved for a mortgage and have your current house already in contract. This gives the seller the confidence that you are already a qualified buyer who will be able to complete the purchase.
3.) A Contingency Offer
Some buyers start the process of looking for a new home before their current home is sold. This could be a big mistake. If you find the home you were hoping for (perfect for your family AND priced right), it will be very difficult to get your offer accepted because you are not actually qualified to buy.
Asking a seller to wait for your home to sell is somewhat unreasonable in today’s environment. One of the reasons you would want the home is because the seller priced the home at a value to sell it NOW. They want to know it is sold when they accept an offer. They normally will not even entertain a contingency offer.
Bottom Line
Unless you have the ability to purchase with cash, the best thing to do is to be pre-approved for a mortgage and have your current house already in contract before looking for the home of your dreams. That guarantees you will get the home you love at a price that makes sense.
Rent or Buy in Today's Market- Scottsdale, Phoenix, Cave Creek, Fountain Hills or Any Other City or State
Karen Jones, Licensed Sr. Loan Officer from Amerifirst Financial reads the KCM Blog daily, as the content that they share is simple and to the point, helping the real estate industry to share reasons of why buying a home in today's market makes sense.
Families are trying to determine whether or not now is the time to buy a home. Some are advising these families to sit out the current real estate market and instead rent for the next year or two. We do not agree with this advice. Homeownership means a lot to a family. We also realize that the financial aspects of purchasing a home today can be a concern. The challenge is any advice given by someone in the real estate community is immediately dismissed as self-serving.
For this reason, we want to give you the advice of three entities not involved in real estate sales:
Citigroup
“When we examine the relationships between mortgage payments and income and mortgage payments and rent, we see that these relationships have also reverted back to or below equilibrium points. In some cases, particularly when mortgage payments are compared to the cost of renting, home prices actually appear cheap.”
JP Morgan
“JPMorgan analysts said ‘the continuation of falling rental vacancies and rising rental demand will make home buying increasingly attractive’, especially as rental prices increase.”
“Fundamental drivers now appear to be in place that favor homeownership over renting in the near term future…
The second finding might seem unwise to many given the recent crash in the real estate markets around the country. However, rent-to-price ratios now seem to be in place along with other fundamental drivers that favor ownership over renting…
Conditions (historically low mortgage rates and relatively low rent-to-price ratios) now seem in place to favor future purchases.”
iving in Ontario, Canada and wanting to buy a 2nd home in Scottsdale, Arizona.
Canadians can buy a 2nd home in Scottsdale, Arizona and many are doing so right now as prices in Arizona are at records lows.You should ask your Ontario, Canada Real Estate Agent for a referral to an Arizona Real Estate agent.
You as a buyer of a 2nd home in Scottsdale, Arizona, you do not pay for the services of an Arizona Real Estate agent as the seller of the home that you buy will be paying for the services of your Arizona agent.
The financing in Ontario, Canada is a bit different than Arizona purchases.It is a known fact that mostCanadians buyers pull money out of their existing homes and pay cash for their 2nd home in Scottsdale.By doing so, your Scottsdale Realtor will be able to negotiate on your behalf and your offer will be stronger than offers with a loan.When making an offer on a 2nd home in Scottsdale and when you pay for your new 2nd home in Scottsdale in cash, you will need to provide a Proof of Funds letter.This will either be a bank statement showing that you have the funds to pay for your 2nd home in Scottsdale in cash or a letter from your bank.Your Scottsdale Realtor may be able to refer you to a lender that offers financing for your 2nd home in Scottsdale, however many programs have been suspended.
When purchasing a 2nd home in Scottsdale, Arizona, your Arizona realtor will expose you to the market of where you want to live.There are bank owned properties, short sale properties and regular sales.All are priced at records lows.The bank owned homes may need the most work, whereas short sales could take the longest to obtain an accepted contract.Regular sales are also priced aggressively to sell, as overall values have been affected in our current economic environment.
Escrow in Scottsdale, Arizona.Once your offer accepted an escrow will be opened.In Arizona, escrow is the 3rd party that transfers funds from one party to the other.Lawyers are not used in Arizona, as it is completed in Ontario, Canada.When opening escrow, the buyer will need to provide an Earnest Deposit.These funds are placed in escrow.Your Arizona Realtor will guide you with the amount of the earnest deposit.There is no rule of thumb as to what the earnest money amount should be. Typically for a $100,000 purchase, $2,000 earnest money is sufficient. The higher the price property the more earnest money is usually required. The fees for an escrow are normally split between the buyer and the seller.
Title Insurance in Scottsdale, Arizona.Title is purchased and the title company ensures free and clear title on the property that you will be purchasing. If you are obtaining a loan for you 2nd home purchase in Scottsdale, then there will be fees for the Lenders Policy.Therefore, an Owners Policy and a Lenders Policy could be assessed on the property.The contract will state who is paying for these fees.
Home Inspection in Scottsdale, Arizona. Normally you have 10 days from mutual acceptance to have a home inspection to determine the condition of the property. This is a contingency and if you disapprove of the property, you state the reasons why you disapprove and you have the ability to cancel the transaction without risking your earnest deposit. .
Fire and Hazard Insurance.You will want to shop around for Fire and Hazard Insurance for your new home purchase.You can obtain referrals for providers and agents from your agent.
Closing.Everything comes together at the end, just days before the actual closing date. Your Escrow Officer will contact you to discuss how you would like to sign your closing documents.If you are obtaining a loan, your closing documents will include your loan documents.This is when you bring the rest of your funds to the table, either in the form of a Cashier’s Check or you can wire the money to the escrow company. You will get a list of utilities from your Arizona Realtor and switch them over into your name as of the closing date.
Once closed, your Scottsdale, Realtor will contact you and make arrangements to deliver your keys to your new home to you.
Marriage License in Scottsdale- Plan For Your Future
Are you looking to obtain your Marriage License in Scottsdale…..if you are, you might also want to educate yourself and plan for your future.
Many newlyweds and recently engaged couples want to search their options for their future.As you obtain your Marriage License in Scottsdale and plan your date, you may also want to plan for your future by learning more about the home buying process.
Arizona home prices are at record lows and interest rates are also extremely low.This gives you the best opportunity to plan for your future by purchasing your new home together.It is a mis-conception that you need to be married to buy a home together.This is just not the case.You just both need to plan to live in the property.As you obtain your marriage license in Scottsdale, you may also want to explore your options in buying your new home together and plan for your future.
For example, when using the most popular home loan program, the FHA Home loan, if one of you has had some credit challenges and perhaps some debt, your partner may not.And based upon the overall situation, you may be able to purchase a new home just in one name, using just the one person’s debt.Once you get married, FHA automatically requires that you add the debt of your partner, even if they are not going to be on the loan.This is due to the fact that Arizona is a Community Property state.You may be able to obtain an underwriting exception to this underwriting rule; however obtaining exceptions in today’s credit environment may be a challenge.
With that being said, if both parties have strength with no credit challenges, then you may want to consider buying a home prior to your big date so you can use the wedding gifts to improve upon your new home to make it your own.If you choose to wait until you get married, perhaps those gifts that you do obtain can be used for your down payment.In either case, as you obtain your marriage license in Scottsdale, you may also want to strategize and plan for your future as man and wife.
The FHA Home loan is one of the most popular loan programs in today’s credit market.FHA only requires a 3.5% down payment and this down payment can be gifted to you by family.The seller is allowed to pay up to 6% of your closing costs, so you can purchase your new home just with your down payment.
Strategizing is important at this point in time.Be sure to learn more about your options so you can not only obtain your Marriage License in Scottsdale, you can also plan for your future as husband and wife.
Be sure to click on the above link to learn more about this 3 Bedroom Short Sale Home in White Tank Foothills.
Be sure to learn more about this beautiful 3 Bedroom Short Sale Home in White Tank Foothills This 3 Bedroom Short Sale Home in White Tank Foothills has a large sparkling pool. Your family will enjoy many family pool parties in the wonderful backyard. This 3 Bedroom Short Sale Home in White Tank Foothills has 2 and 1/2 bathrooms. It is a beautiful Pulte built home. This 3 Bedroom Short Sale Home in White Tank Foothills is near the Luke Air Force base. This 3 Bedroom Short Sale Home in White Tank Foothillsfeatures a three car garage with a double sided gate. This 3 bedroom short sale home in Waddell is a very clean home with nice upgrades through out.
Be sure to contact Inger Hebert for your private showing. To learn more about the financing of this beautiful 3 Bedroom Short Sale Home in White Tank Foothills,please contact Karen Jones, Licensed Sr. Loan Officer.
Features List
Pool
Short Sale
3 Car Garage
Dual Pane Windows
North South Exposure
Upgrades
3 Bedroom Home
2.5 Baths
Pulte Home
Equal Housing Opportunity.
Homesmart : 1745 S Alma School Rd #115 - Mesa AZ 85210 : 602-803-6582
With that being said, if both parties have strength with no credit challenges, then you may want to consider buying a home prior to your big date so you can use the wedding gifts to improve upon your new home to make it your own.
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