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What Do Phoenix Appraisers Look For When Determining A Property’s Value In AZ?

June 7, 2017 by · Leave a Comment

Most Phoenix area residents are surprised to learn what Arizona appraisers actually look at when determining the value of a real estate property, especially when it the property they are interested in. The first misconception homeowners generally have is that the value of their home is determined after the appraiser has measured and photograhed their physical property inspection. However, the […]

Buying a Home in Phx! Where Do I Begin?

June 7, 2017 by · Leave a Comment

Getting Started The decision has been made, I am BUYING a new HOUSE!! and I don’t know what to do next. First things first: Get organized and do your homework. CAN I AFFORD THE HOUSE? You will need to determine what’s affordable.  Remember, when you purchase a home, you will also incur some additional costs, […]

HOA Hurdles to be Aware of When Looking at New Properties

April 17, 2013 by · Leave a Comment

A Home Owner Association (HOA) can have a huge impact on your life when you buy a home in a PUD (Planned Unit Development) or Condominium Project. According to Wikipedia: A homeowners’ association (abbrev. HOA) is an organization created by a real estate developer for the purpose of developing, managing and selling a development of […]

Renting In Phoenix vs Buying A Home

October 18, 2012 by · Leave a Comment

To rent a home in Phoenix as opposed to purchasing a home can be a daunting decision. While there are several biased sources that can make arguments for or against owning a Phoenix area home, we’ve found that most home buyers base their ultimate decision on emotion. Yes, there are some tax advantages of owning […]

Do I Need To Sell My Home In Maricopa County Before I Can Qualify For A New Mortgage On Another Property In Phoenix?

September 24, 2012 by · Leave a Comment

We realize that your situation may be unique, you, as a home-buyer may qualify for a new mortgage on a new home while still living in your primary residence. The reasons for the move may vary, perhaps you have outgrown your current house, or you need to relocate rom the west side of Phoenix to the east side ? […]

Understanding the Difference Between an Appraisal vs Neighborhood Listing Prices In Phoenix

March 28, 2010 by · Leave a Comment

Why is there such a difference between what my appraised value is and the price similar homes are selling for on my street? It’s a great question, and you don’t have to be a mortgage professional or a real estate agent to understand the answer. The distinction lies in the purpose of the two valuations […]

Five Myths About Home Values

March 28, 2010 by · Leave a Comment

During periods of economic growth, when home values are typically just going up, most homeowners do not question appraisals much. And in times of turmoil when property values are declining, home sellers and even listing agents quite often question and pick apart appraisals. However, the actual appraisal process changed very little over the course of the […]

How Do Mortgage Companies Value A Property That Has Not Been Built Yet?

March 28, 2010 by · Leave a Comment

It’s obviously easier to picture the process of estimating value on an existing property in a neighborhood that has a history of home sales, but the task of determining the value on new construction projects does pose some challenges. Appraisals on homes that haven’t been built yet generally require the contractor and home buyer to […]