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 finally got the keys and it’s time to schedule the long awaited move-in. If you’re wondering if that’s the end of the road read on. There are a few more things to do after closing.
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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 specifically designed for slalom skiing, Playa Del Rey Estates allows jet skis, wake boarding, kayaks and paddle boards. It is the shortest ski lake community in the Phoenix area.
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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 difference between a townhouse and condominium and does it affect anything else such as financing. Or is it simply an architectural issue? Well you may want to read on because it’s deeper than that.
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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 to the sellers as compensation for taking the house off the market. How does a buyer keep from losing the earnest money, read on.
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Pedestrian Friendly Lago Estancia Lake Community in Gilbert
One of the smaller lake communities in Gilbert is Lago Estancia with just under 100 waterview lots. A distinguishing character of Lago Estancia is the walking paths and bridges that allow residents to enjoy waterfront walks around the lakes. Lago Estancia is located near downtown Gilbert that is flush with great restaurants and Hale Theatre. In addition it finds itself equidistant between the US60 the 202 to the south.
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Relaxing 55+ Active Adult Waterfront Communities
If you’re looking for a waterfront retirement home in the Phoenix area but also want to enjoy the amenities of an active adult community, keep on reading. Active adult waterfront homes are found in Mesa, Sun Lakes, Goodyear, Peoria, Sun City and the city of Maricopa. Specifically, they are Leisure World, Sun Lakes, Canta Mia, Ventana Lakes, View Point and Dawn Lake in Sun City and Province. Find out if any of these adult retirement communities allow boating.
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Lakewood: Ahwatukee Foothills Lakefront Community
Adjacent to the Ahwatukee foothills you’ll find the city of Phoenix’s largest residential lake that features over 170 waterfront properties. These lakefront lots that welcome boaters are situated on 38 acres of water on two residential lakes. With the recent extension of the loop 202 South Mountain freeway, access to the east valley, Sky Harbor airport and central Phoenix is that much easier.
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Boat Friendly Arrowhead Lakes Waterfront Community
If you’re looking for a community where over 70% of the homes are waterfront, Arrowhead Lakes in Glendale is a perfect match. It is also located close to the 101 freeway, offering good access to the west valley and Phoenix. A quick drive through the neighborhood will show just how many residents enjoy boating on this 130 acre man made residential lake.
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Making the due diligence as effective as possible
An important element of a real estate purchase is the due diligence during the inspection regarding the property. You’ve seen the professional pictures on line and visited the meticulously maintained house with the scent of freshly baked cookies. What’s not to love Now it’s time to really find out what’s really happening. The due diligence during the inspection period is a critical time to evaluate the property and surrounding area of most likely the largest purchase you’ll ever make.
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Water Sources for Phoenix Lake Communities
As a waterfront buyer develops their list of criteria and questions, one question seldom makes it on the list, What is the source of the water for this lake community? It would not matter if all man made residential lake communities had the same source or type of water, but they don’t. There are 3 sources of water from which the Phoenix area lake communities receive their water. If this is of interest to you, keep on reading and watch the video.
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