Mistake #3 Waiting Too Long It’s a big decision and only a foolish person would enter into it lightly. But it’s just as easy to let caution get the better of you. The Real Estate market isn’t fixed, it can change dramatically. Some markets are very tight with few homes available- a tight market […]
7 Common Home Buying Mistakes, Part 2
Mistake #2 Thinking too Long Term There is danger in buying a home that’s not right for you because you are planning too far in advance. Your life can change dramatically in the space of a few short years. For example, you may experience a change in health, family, or financial status. While you can’t […]
7 Common Home Buying mistakes, Part 1
Mistake #1 Not Being Prepared When you consider the scope of the purchase, it’s surprising how many people haven’t done sufficient research. Research your buying power- It’s easy to get a cursory idea of what you can afford by looking online. Take a look at our mortgage calculator to get an idea. Once you […]
Your Professional Phoenix, Arizona Real Estate Agent
How Mortgage Loans Work Excluding property taxes and insurance, a traditional fixed-rate mortgage payment consist of two parts: (1) interest on the loan and (2) payment towards the principal, or unpaid balance of the loan. Many people are surprised to learn, however, that the amount you pay towards interest and principal varies dramatically over time. […]
Closing and Title Costs
It’s the big day. The day you go to the title or escrow company, sign your name on the dotted line, hand over a check and prepare to take ownership of your new home. It’s also the day that you and the seller will pay “closing” or settlement costs, an accumulation of separate charges paid […]
Your Phoenix, Arizona Dream Home Is Here
Avoiding Financial Stress By asking the right questions, and knowing exactly what your needs are, you can find the right loan for you. There are certain approaches that you can take while mortgage shopping that can cost or save you money. It is still true that the better qualifications you have, the lower your interest […]