In a Zillow report (below), research revealed that coming up with a down payment is the number one hurdle for home buyers. I have found that it’s a common misconception among potential buyers, that you must have a 20% down payment to buy a home. I’m here today to let you know that is CATEGORICALLY… Read More
About the Author
Bill Salvatore- Realtor
Infographic: The Millennial First Time Home Buyer Looks Like This
The closing was earlier this morning. The location is an in-demand community in Chandler, Arizona. The sales price was in the upper $200s, and the first-time home buyers and excited new homeowners, Chris & Tiffany, are Millennials. The above is a common scenario in Arizona’s busy 2018 Spring real estate market, indeed throughout the country… Read More
Kiplinger Declares that Spring has Sprung for the Real Estate Market
There’s a bit of a fracas brewing in Arizona’s Real Estate market but that’s nothing unusual for this time of year, in fact Arizona perfectly reflects similar activity throughout the country. Low resale inventory, sluggish turn-times for New Construction homes, low interest rates gradually evaporating, and a steady stream of home buyers entering the market… Read More
Buying a Brand New Home? First Do These 5 Things.
I’ve worked with a number of superb builders in the Phoenix Valley area. I’ve also worked with a few who were far less impressive, the majority of whom are no longer in business. I make a practice of becoming familiar with as many of the local builders as I can, and have had a genuinely… Read More
Permanent Mortgage Debt Tax Forgiveness… To Be or Not to Be?
I’d love to hear where the general public stands on this. I’m in the middle of a debate with myself about folks this would help and who it might harm. Short Sales and Foreclosures are not nearly as prevalent as they used to be but they do still exist. Mortgage debt tax forgiveness during the… Read More
Buyers Encountering a ‘Perfect Storm’ But Not in a Good Way
When I bought my first home, the fad at the time was to purchase a fixer-upper at a good price then rehab it to death building ‘sweat-equity’ right away and increased value over time. But the fascination with finding a bargain seems to have lost its cache. I’m thinking that homes in need of TLC… Read More
Begin Your Spring Cleaning on the Outside!
Spring is in the air… the traditional season of home cleaning, yard renewal and a crazy busy Real Estate market has arrived, and homeowners are quickly morphing into home sellers. Whether your property has been on the market through the Winter or you’re just getting ready to list, you’re likely weighing your Spring cleaning options…. Read More
Your HELOC Might be Deductible, IRS Explains
This year’s income tax season is nearly at a close and many of us have already moved on to determining and tracking deductions for the 2018 tax year. Mortgage and Home Equity loan interest tax guidelines will be changing but the general public’s initial knee-jerk reaction to these adjustments was largely premature. Fortunately the bottom… Read More
Looking for NEW Without the New Construction Wait?
Like new, just 2 years old with valuable upgrades! Beautiful Queen Creek home, well cared for and set on a nicely manicured corner lot. Don’t have the time or patience to wait for new construction? This 3 bedroom treasure might be just what you’re looking for! — VIDEO TOUR — – Find Out More About… Read More
A Home for All – New Listing in Casa Grande, AZ
This one could be in your first-time buyer price range! Fantastic option for family with 3 Bedrooms plus office, and 2 full baths in a great floorplan of over 2,000 square feet. Casa Grand is a popular choice for retirement, second homes and winter getaways. Singles and couples might enjoy the direct highway access to… Read More