View this tour in a new window.Arcadia living - come see this stunning home in an absolutely great location. Beautifully updated brick home. This charming home has been recently REMODELED. Features slate flooring throughout w/carpet in bedrooms. Recently updated vanity in 2nd bath. Master bath has a gorgeous marble walk-in shower, plus marble surround throughout the bathroom w/NEW vanity. Plantation shutters in master. Hallway ceiling has been raised w/updated duct work. Recessed lighting throughout home. Beautiful white cabinets in kitchen. Large laundry room. All NEW Milgard energy efficient, dual pane windows & … [Read more...]
Is It Time To Refinance Your Arizona Rental Property?
Refinancing can save you a lot of money on your mortgage payment each month. Can it do the same for your rental property? Refinancing a loan on a rental property can increase your profits, but how do you know if it makes sense? Just like with the home you live in, you’ll want to start by calculating how long it will take to recoup the costs of refinancing: Visit a lender. A lender can tell you if you qualify for refinancing. Lending guidelines can be slightly different for second homes and investment properties. You’ll also get an idea of the rate you may be able to get and what you’ll pay in closing costs to … [Read more...]
When Your Selling Price is too High, Beware!
Meeting With Real Estate Professionals So you’ve decided to sell your home and have a fairly good idea of what you think it is worth. Being a sensible home seller, you schedule appointments with three local listing agents who’ve been hanging stuff on your front doorknob for years. Each Real Estate Professional comes prepared with a "Competitive Market Analysis" on fancy paper and they each recommend a specific sales price. Amazingly, a couple of the Real Estate Professionals have come up with prices that are lower than you expected. Although they back up their recommendations with recent sales data of similar homes, … [Read more...]
The Business Cycle and Buying a Home
Recession and Expansion There are times when the economy is brisk and everyone feels confident about his or her prospects for the future. As a result, they spend money. People eat out more, buy new cars, and…. …they buy new homes. Then, for one reason or another, the economy slows down. Companies lay off employees and consumers are more careful about where they spend money, perhaps saving more than usual. As a result, the economy decelerates even further. If it slows enough, we have a recession. During such a time, fewer people are buying homes. Even so, some homeowners find themselves in a situation where … [Read more...]