Phoenix 2022 Outlook & 2021 Real Estate Review What a year 2021 turned out to be! And now our focus turns to 2022 and what changes we’ll see in the Phoenix real estate market. Predictions are always difficult but identifying the underlying driving factors is a good place to start. Let’s review what happened in
You’ve closed, now what? It all started with searching the internet for that dream house, then getting prequalified and uploading bank accounts, tax returns and more. This was followed by viewing properties day after day, then submitting an offer, probably multiple offers to get the house you want. Not that you endured that process, you
Gilbert Lake Community – Playa Del Rey Estates One of the three water ski lakes in Gilbert is Playa Del Rey Estates, a short 20 minutes from Sky Harbor Airport. Another reason to give this lake community further consideration is it offers a wide range of recreational water activities. While other ski lake communities are
Townhouse or Condominium – Can you tell the difference? Let’s say you’ve decided that you don’t want to worry about the landscaping for a single family home, and in addition you don’t need a mega-mansion in the suburbs so you turn your interest to a condominium or townhouse. Now the question becomes, what is the
Remove Private Mortgage Insurance As Soon As Possible Private Mortgage Insurance (PMI) is required on a conventional loan when the down payment is less than 20% It will be removed once the equity on the home reaches 22% based on the original value. However, there are different ways to eliminate PMI sooner rather than waiting
The Town of Gilbert is worth considering Gilbert is a 69 square mile town in the southeast valley in Phoenix. Gilbert is consistently a top rated town in various polls that cover the best places to live, community safety and outdoor living. With the fast paced growth, it has a more updated and modern feel,
Things to Know When Moving to Phoenix Arizona Arizona consistently ranks high for states that receive many new residents relocating from other states. I relocated almost 25 years ago and suddenly finding myself in one of the largest metropolitan cities in the US, There was a lot to get use to. Here are some things
Protect Your Earnest Money Why is earnest money necessary for a real estate transaction? It is a deposit given to the title or escrow company indicating that the buyers are serious and have skin in the game. It also gives assurance to the sellers since upon a breach of it will most likely be given
Housing Market Review and Predictions We are now entering the post pandemic real estate market and there is a mountain of speculation what it will look like. The word “crash” is used frequently as well as “bubble”. As the economy returns to as normal as it can under the current economic and government policy, buyers
Waiving The Appraisal to Compete with Cash Offers In this seller favored market, buyers requiring a loan are looking for ways to compete with cash offers which have two distinct advantages. One is there is no unfulfilled loan contingency and the second is there is nno appraisal contingency. In an attempt to remove concerns over
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890 W. Elliot Rd. Suite #102
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