FHA financing, all the information you need to know and then some.Being in this industry for over 20 years, 24 actually as I type this blog, I have used FHA Financing for probably 65-70% of all the home buyers I have worked with. On average, I close 40 plus transactions a year, and the bulk of those have been with first time home buyers. The FHA loan is the most popular government-backed home loan in the country. These low down payment loans are made by qualified lenders and guaranteed by the Federal Housing Administration (FHA).FHA loans require just a 3.5% down payment for borrowers with a 580 credit score or higher. For homebuyers with less-than-perfect credit, FHA loans offer additional significant benefits. The government backing means average FHA interest rates are typically lowe... 03/25/2023

Determining the value of your home in an ever-changing Phoenix, Arizona market can be a complex task. Here are some steps you can take to get a general idea of your home's value: Research online: There are several websites that offer free home valuations based on recent sales data and other factors. These estimates can give you a general idea of your home's worth, but they may not be entirely accurate.   Check recent sales data: Look at recent sales of homes in your area that are similar in size, age, and condition to your own. This can give you a better idea of what similar homes are selling for in your neighborhood.   Get a professional appraisal: A professional appraiser can provide an objective valuation of your home based on its condition, features, and location. This can give you... 03/10/2023

Living in a high rise condo in the Phoenix metro area can offer a number of benefits:Location: Many high rise condos are located in or near downtown areas, offering easy access to shopping, dining, and entertainment options. They are often close to public transportation, making it easy to get around without a car. Amenities: Phoenix High rise condos often come with a variety of amenities, such as fitness centers, swimming pools, rooftop decks, and concierge services. These amenities can make your living experience more convenient and enjoyable.Views: Living in a high rise condo can offer stunning views of the surrounding city and landscape. You can enjoy panoramic views of the skyline and mountains, which can be especially beautiful during sunsets or nighttime. Security: High rise condo... 03/10/2023

Phoenix, Arizona is a great place to call home for a number of reasons:Weather: Phoenix boasts of more than 300 days of sunshine annually, making it a great place to enjoy outdoor activities year-round. The winters are mild, and the summers are hot, but most homes and businesses are equipped with air conditioning to keep residents cool. Affordable living: Compared to many other major cities in the U.S., Phoenix has a relatively low cost of living. Housing costs are reasonable, and there are many affordable neighborhoods throughout the metro area. Job opportunities: Phoenix is home to several large corporations and industries, including healthcare, technology, and manufacturing. The city also has a thriving startup scene, which offers opportunities for entrepreneurs and innovators. Cultu... 03/05/2023

Turning 50 is not a barrier to being in the best shape of your life. In fact, when I hit 50, I found that as I age, I become more motivated to take better care of my health and well-being. There are several reasons why turning 50 can be a turning point in our lives to get in the best shape possible:Focus on nutrition: As we age, our bodies become less efficient at processing certain nutrients, making it more important to eat a healthy, balanced diet. By focusing on nutrition and making sure to get the right mix of protein, healthy fats, and complex carbohydrates, we fuel our body for optimal performance and recovery.Regular exercise: Exercise is key to maintaining good health at any age, but it becomes even more important as we get older. Regular exercise can help maintain muscle mass, ... 03/04/2023

Here is the most recent Phoenix AZ Real Estate Housing Market Report for January 2023:  The average sales price of Phoenix homes has decreased for the third month in a row, going from $555,285 in October to $522,736 to begin the new year. The average sales price of Phoenix homes started the year lower than where it started last January. The average sales price for Phoenix homes in January is significantly lower than the all-time high of $621,488 that occurred in May of 2022.The average sold price per square foot of Phoenix homes decreased for the second straight month. The average sold price per square foot of Phoenix homes has gone from a high of $317/sf in May to $274/sf in January. This is the 8th month in a row that the average sold price per square foot has remained the same or dec... 02/19/2023

3 Bedroom townhouse for sale in Phoenix - Northview TownhouseWelcome to Northview! This quaint, well-maintained community is perfect for both full-time living or lock-and-leave lifestyles. The home is SPACIOUS throughout, even down to the oversized 2 car garage.Perfect for entertaining, the large great room has soaring ceilings, natural light and plenty of room for big, comfy furniture. This townhouse for sale in Phoenix, has double sliding doors lead you to a grassy, shaded outdoor sanctuary with flower beds and a bountiful Ruby Red grapefruit tree.The main-floor primary suite is super convenient, but you might want to pop upstairs in the morning to enjoy your coffee on the east-facing balcony to watch the stunning, colorful sunrises over the mountains. Stay cool in the summers with a ... 02/06/2023

One bed, one bath condo for sale in Phoenix - Montrachet CondoSuper affordable studio Condo in a beautiful complex in an up and coming area of Central Phoenix. New Paint, appliances, and lighting. Hardwood floors throughout. Granite countertops. This Montrachet Condo was built in 1956 and features just over 411 square feet. End unit with lots of morning sunshine and neighbors only on one side. At this time there are not exclusions for short term rentals in the complex. Close to the AZ51 (Freeway system), Sky harbor freeway, Elementary schools and bus stop. This condo for sale in Phoenix is priced right and ready for you.Walking distance to many bars, restaurants, shopping and more. Call or text for details, 602-321-6188. 02/05/2023

What does a Home Warranty Cover - Home warranty coverageBuying a house, is kinda like buying a car, it may look good on the surface, but ya never really know what you're gonna get. I mean, think about it, you don't know how hard the previous owner "lived" in the house. What type of maintenance was done on a regular basis.Houses are like vehicles in the sense they need regular tune ups. A home warranty, doesn't tune it up, but it covers items when the tune shows issues. Imagine finding out your AC Unit (In Az) isn't working after you have someone come out and get it ready for the summer months. That could be a pricey day, but with a Home Warranty, it's a small deductible, typically under $100 and the problem is corrected. Even if it needs replacement, the warranty is going to offset that... 01/13/2023

Here is the most recent Phoenix AZ Real Estate Housing Market Report for December 2022:  The average sales price of Phoenix homes has decreased for the second month in a row, going from $555,356 in October to $540,539 this month. The average sales price of Phoenix homes ended the year lower than where it started, at $552,890 in January. The average sales price for Phoenix homes in December is significantly lower than the all-time high of $621,488 that occurred in May of 2022.The average sold price per square foot of Phoenix homes slightly decreased this month. The average sold price per square foot of Phoenix homes has gone from $317/sf in May to $277/sf in December. This is the seventh month in a row that the average sold price per square foot has remained the same or decreased. The Ph... 01/11/2023

Every dog needs a yard to run around in - buy a house for your DogLet's face it, we spend (humans that is, in America) like Billions of Dollars a year on our four legged family members. I know we spend easily $200 a month on food, treats and toys. Regardless of my day, Dozer the Dog is always greeting me at the door, tail wag, "baby in his mouth" Nickie calls his toys "babies". He gets really excited when she comes home, you'd think she was gone for a year!To help solve this problem, I have created a large yard search, all of the houses you're going to see when you click this link, you're going to be taken to a search, where all the yards are between 7,500 and 10,000 square feet, plenty of room for our furry family friends to roam.  01/05/2023

Historic home for Sale in Phoenix - Ashby Acres home for SaleThis home is welcoming from the pretty front patio throughout all of the light, bright, and cheery rooms in the Cheery Lynn historic neighborhood on a beautiful tree lined block. This 3 bedroom home for sale has the living and dining room open to each other with custom ceiling treatment, an inviting fireplace and wonderful windows. There is a french door to a side patio from the dining area, too. The kitchen has loads of cabinets and counter space and a gas range. Perfect for a gourmet cook! All three bedrooms have corner windows which adds to the light, bright, airy feel of the home. The windows are dual pane with screens which is rare to find in a home of this era. Located just off 16th and Osborn, this historic home was bui... 12/18/2022

4 Bedroom home with Mountain views for Sale - home in PhoenixThis home with amazing views is located just off 24th St and Baseline and comes with amazing mountain views. This 4 bedroom home for sale in Phoenix has a swimming pool and the lot size exceeds 16,000 sq. ft. Built in 2019, this Phoenix home for sale has a few upgrades that jive with 2022, they included a wifi refrigerator and range/oven and Nest Thermostat. The South Mountain Regional park is literally in your backyard, so hiking, biking and running trails await you. To arrange an exclusive showing, reach out today by calling or texting, 602-321-6188.Click here for virtual walk through 12/17/2022

The residential home inspection period - Buyers inspection periodThe inspection period is ten calendar days, during this time, the buyer has the option to conduct there due diligence. You have the right to look up crime stats, look for sex offenders, school districts and more. The home inspection checks out the house and its components, it then provides a list of items in need of repair. We (buyer side) request repairs on a document referred to as the "BINSR" Buyers inspection notice, sellers response . Once this repair request is issued to the seller (listing broker) they have 5 calendar days to respond. Depending on their response, determines the outcome of this due diligence period. 1) both parties come to an agreement and the transaction continues moving towards closing 2) Seller sa... 12/16/2022

Condo for Sale - best value in the communityThis one bedroom condo for sale in Phoenix, is priced to make anyones holiday season that much better! Just over 700 square feet, make this Phoenix condo perfect for someone need a place to call their own, without the massive overhead. As of December 2022, there are only 18 condos in the Phx area at $165k or less, this makes one of them.Located just off Peoria and 31st Ave, this Points West Condo was built in 1984, has a community pool/spa, recreation room along with a coin operated laundry mat (for those big bed comforters and other bulky laundry items).The unit comes with washer/ dryer and refrigerator as well. To schedule a private tour, simple call or text 602-321-6188 12/15/2022

Here is the most recent Phoenix AZ Real Estate Housing Market Report for November 2022:  After increasing last month, the average sales price of Phoenix homes decreased in November, going from $555,437 in October to $535,194 this month. The average sales price of Phoenix homes has averaged around $555,000 the last four months, which is significantly lower than the all-time high of $621,488 that occurred this last May.After remaining the same for the last two months the average sold price per square foot of Phoenix homes decreased this month, going from $289/sf in October to $278/sf in November. This is the sixth decrease in the last seven months. The Phoenix days on market increased for the sixth straight month after decreasing the four previous months. The days on market has more than ... 12/11/2022

Historic home for sale in Phoenix, AZ - Victoria Place home for SaleLocated just off 7th Street and Roosevelt in Phoenix AZ, this historic home for sale was built in 1923. This Victoria Place home for sale has 2 bedrooms and one bathroom, along with a galley style kitchen, and great room concept living area. With unique touches throughout the home, including built in Niche's around the fireplace, windows and more. This unique historic home is nestled in the Garfield Historic District in downtown Phoenix and is sure to capture the imagination of anyone looking for a diamond in the rough! A few cosmetic changes and you can turn this house into your Home. If able, walking distance to such venues as SUNS Arena, Roosevelt Row and Where the AZ Diamondbacks play (most of us call their home "BO... 12/05/2022

One bedroom condo for sale in Gated Community - Phx Condo for SaleLocated just off 7th St and Osborn in Phoenix AZ, this one bedroom condo for sale is located in a gated community across the street from the infamous Phoenix Country Club (GOLF- FORE!). The community for this Condo for Sale in Phoenix, features a swimming pool, common area and gates. The HOA, is unique in the sense it covers the water, sewer and garbage collection bill. It also covers the electricity usage per unit which includes the AC/heater depending on the time of year.See attached floor-plan for a better idea of the units lay out. To arrange your exclusive showing, simply call or text, "The Real Estate Guy™" at 602-321-6188   12/02/2022

Here is the most recent Phoenix AZ Real Estate Housing Market Report for October 2022:  After decreasing last month, the average sales price of Phoenix homes slightly increased in October, going from $549,370 in September to $555,218 this month. The average sales price of Phoenix homes has averaged around $555,000 the last four months, which is significantly lower than the all-time high of $621,488 that occurred this last May.After decreasing for four straight months the average sold price per square foot of Phoenix homes did not change from last month, remaining at $289/sf in October. The Phoenix days on market increased for the fifth straight month after decreasing four straight months. The days on market has doubled from 24 DOM in May to 53 DOM in October. The DOM to sell a home in P... 11/18/2022

The Phoenix Metro Housing Market has had its fair share of hiccups in the last few months, like the rest of the country.  But there's one thing that separates Phoenix from most other housing markets,  but there is a stabilizing force at work -  international attention.  This year, there has been a rise in international companies relocating to the Phoenix Metro Area.  In  a recent Phoenix Business Journal article (August 8, 2022), Chris Camacho, Greater Phoenix Economic Council, stated,"In the past several years, the heightened interest can mostly be attributed to supply chain disruptions, a push for more domestic manufacturing, more product demand and Canadian companies eyeing sites close to California."The Greater Phoenix Economic Council (GPEC) is a non-profit, established in 1989, an... 11/02/2022