“I can’t stop, it’s my job!”
602-999-0952 • golfarizona@cox.net
REALTOR® / US Army Veteran
Owner: Your Valley Property Team
at Arizona Elite Properties
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Founder: AZVHV – Arizona Veterans Helping Veterans | |
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Certified Military Residential Specialist | |
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Military and Veterans Housing Certification |
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so what’s with that photo
…you might ask. I call it my Talking-Head. I use the Talking-Head rather than the stuffy suit-and-tie shot, because this one actually looks like me. When I meet you, you’ll know without question that I am who I am. (The talking-head was taken during a radio interview on veterans affairs, it’s not just some random photo of me with headphones 🙂 )
why real estate?
In my previous life as a business manager, I found myself working my tail off to achieve success for a faceless corporation. The folks I work for now are my clients, real people with faces… and dreams. As it turns out, Real Estate isn’t so much a career as it is a lifestyle. When I’m not showing homes or calculating a home value, I’m listening to your concerns or creating a marketing plan for your home, preparing paperwork, coordinating fundraisers, meeting with veterans groups and driving… I do a lot of driving. So what’s my point? Real Estate isn’t really a job at all. If you’re doing it right, you’re living it.my Philosophy
… comes from a fantastic movie line. One of my favorite movie quotes was spoken by Carl the FBI Agent in Catch Me If You Can. As the story goes, while impersonating a pilot, Frank requests of Carl “Stop chasing me!” Carl replies simply “I can’t stop, it’s my job.” I feel that way every day. Every transaction is a story and each home buyer has a unique tale and their own personal wish list. Home sellers in today’s market face concerns that never existed before. Frequently I’m asked why I am so determined to make every one of these stories work out. I find myself replying, “I can’t stop, it’s my job.”your guarantee
My job isn’t selling houses, my clients are my job, so doing what’s best for the client is always my top priority. My only barometer for success is your satisfaction, so your calls and e-mails will always be responded to PROMPTLY! Even after the transaction is complete, I’m here for you. “I can’t stop, it’s my job.”
So here’s what I hope you take away from this. I will always be up-front with you. At the end of the day you will be happy with the results. It’s what I learned in the Army, it’s how I operated as a business manager and a business owner, and it’s what I still believe is important.
my credentials
- Degree in Business Management
- 20 years as a Realtor in the Greater Phoenix Valley
- Recipient of East Valley Tribune’s “Best Realtor” award.
- Certified Military Residential Specialist
- Military and Veterans Housing Certification
- South East Valley Regional Association of Realtors Leadership Program
- Founder: AZVHV – Arizona Veterans Helping Veterans®
Bill Salvatore is a Realtor®, and owner of the Your Valley Property Real Estate Team at Arizona Elite Properties in Chandler, Arizona. It was in this capacity he first realized that Real Estate services to our Military Members and Veterans were largely neglected, mostly out of unfamiliarity with, and misunderstanding of the VA process. Shortly after founding AZVHV – Arizona Veterans Helping Veterans®, an organization of local business professionals to assist these groups, Bill was contacted by the nationwide non-profit VAREP (Veterans Association of Real Estate Professionals) and recruited as the first Phoenix Chapter President.
In founding AZVHV- Arizona Veterans Helping Veterans®, Bill has shared his dedication to Veterans and Military Members throughout the real estate industry. An increasing number of local professionals are joining Bill in offering discounts to these heroes, not only when buying or selling a home but in all aspects of homeownership. AZVHV has developed a network together with other local professionals offering a wide range of services. Membership is free, the only stipulation is that each member offer a discount for Veterans and Military Members.
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Contact Bill at Arizona Elite Properties Your Valley Property Team 2424 S Stearman Drive Suite #120, Chandler, AZ Direct Phone: 602-999-0952. E-Mail: golfarizona@cox.net www.yourValleyProperty.com
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I don't understand why, you have appeared many times in my Facebook page recommended friends, I tried to delete it but now it has appeared again, I have just sent you a friend request but due to Facebook's restriction it has resulted in me not being able to add you as a friend, so can you send me a friend request?
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Is it a good idea for seniors to move closer to family?
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As seniors age, moving closer to family offers a world of benefits that enrich their lives and ease the challenges of aging. For many seniors, familiar routines and neighborhoods bring comfort, but with time, managing everything alone can become difficult. Being closer to family means loved ones are nearby to assist with daily needs, from attending medical appointments to handling unexpected issues. This support can ease the pressure on seniors to manage everything on their own, making life simpler and safer.
Additionally, living closer to family helps combat the loneliness that some seniors experience. Studies consistently show that seniors who maintain strong social connections experience improved mental and emotional well-being, and family often provides the most comforting connections. When family is nearby, spontaneous visits, shared meals, and involvement in family events become possible, helping seniors feel connected, valued, and engaged. This social interaction can boost overall happiness, maintain cognitive health, and give seniors a greater sense of purpose.
In moments of crisis, being near family can be crucial. Medical emergencies or sudden health declines are more manageable with family nearby who can respond quickly and advocate for their loved one’s needs. When facing important decisions about health or living arrangements, having family present offers not only physical assistance but also emotional support. Seniors can feel more at peace knowing their family is nearby and ready to support them.
Ultimately, moving closer to family enables seniors to maintain a fulfilling and secure lifestyle. It offers peace of mind for both the senior and their loved ones, ensuring that as they age, they’re not just well-cared for but also connected to the people who matter most.
Are you thinking of buying a condo or home in 55+?
Bill
I can’t stop, it’s my job!
Exceeding Buyers & Sellers expectations for over 22 years. Let's Exceed Yours!
Bill Salvatore / Arizona Elite Properties
602-999-0952 / BillSalvatore.teamiii@gmail.com
www.BillSalvatore.com
Before you Hire a Realtor check them out, Google them!
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A REPUTATION FOR REALTY EXCELLENCE THROUGHOUT THE GREATER PHOENIX VALLEY0 CommentsComment on Facebook
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Check out this link from our local Realtors + MLS, below for the newest homes to come on the market.
Chandler Arizona homes for sale today
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The Importance of Having Good Real Estate Photos When Selling Your Home
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When you're selling your home, first impressions matter more than ever. In today’s digital age, where the vast majority of homebuyers start their search online, the quality of your listing photos can make or break your sale. Good real estate photos are essential because they create that all-important first impression and determine whether potential buyers will even consider scheduling a showing. Let's dive into why having high-quality real estate photos is one of the most crucial steps when selling your home.
Attract More Buyers Online
With so many homebuyers starting their search online, your listing photos are the first chance you have to capture their attention. In fact, studies show that homes with professional, high-quality photos attract more online views and generate more interest compared to those with low-quality or no photos at all. Buyers tend to scroll quickly through listings, and if your photos don't catch their eye, they’ll move on to the next property.
Good photos not only showcase your home’s best features but also set the right expectations. The better your home looks in photos, the more likely buyers are to want to see it in person, which is ultimately your goal. The more people who are interested, the more competition you can create, which may result in a faster sale or even multiple offers.
Highlight Your Home’s Best Features
Every home has unique selling points, whether it's a modern kitchen, a spacious backyard, or abundant natural light. High-quality real estate photography is all about capturing these features in the best possible way. Professional photographers know how to use angles, lighting, and framing to highlight the things that make your home special.
For instance, they can focus on your home’s architectural details, the view from the living room, or the beautiful landscaping. These images can paint a picture of what it’s like to live in the space, helping potential buyers imagine themselves in the home. When done right, your listing photos can emphasize everything that sets your property apart from the rest.
Build Emotional Connections
Buying a home is not just a financial decision—it's an emotional one. People want to feel a connection to the place they’ll call home. Good real estate photos can stir these emotions by making your home look warm, welcoming, and livable. A well-photographed cozy living room, a sun-drenched bedroom, or a stylish kitchen can evoke feelings of comfort, belonging, and excitement, drawing buyers in emotionally.
When buyers feel an emotional connection to your home, they are more likely to act quickly, schedule a showing, and make an offer. In contrast, poorly lit, blurry, or unappealing photos can make even a beautiful home feel uninviting, causing buyers to move on without a second thought.
Create a Strong First Impression
When selling your home, the first impression can make or break a sale. This initial impression often happens through photos. A buyer's perception of your home is shaped before they even step foot inside, and good real estate photos can set the tone for the entire experience. With clear, vibrant images, you’re showing buyers that you’ve taken care of the property and are serious about the sale.
Alternatively, bad photos (or no photos at all) can signal neglect or lack of effort, which could turn buyers away. If your home doesn’t look good online, many buyers won’t even bother to see it in person. You want to convey quality, value, and care right from the start, and professional photos are the best way to do that.
Maximize Your Listing’s Appeal on Social Media
In today's world, social media plays a massive role in the real estate market. Many agents and homeowners share property listings on platforms like Instagram, Facebook, and Pinterest to reach a broader audience. Good photos are vital here because social media is a highly visual medium. Listings with eye-catching photos are more likely to be shared, liked, and commented on, increasing your home's exposure.
Great photos can also help your home go viral, especially on platforms like Instagram, where real estate and home decor enthusiasts love to share aesthetically pleasing homes. The more your listing is shared, the more potential buyers will see it, giving you the best chance at a fast and successful sale.
Professional Photos Increase Perceived Value
Homes with professional photos often give the impression of being more valuable than those with amateur or poorly taken images. This is because professional photographers know how to make rooms appear larger, brighter, and more inviting by using the right equipment and techniques. When buyers perceive your home as high-quality and well-maintained, they are more likely to see its full value and be willing to pay your asking price (or even higher if there’s a lot of interest).
In contrast, dimly lit or awkwardly framed photos can make your home look smaller, darker, or less appealing than it truly is. If your photos don’t do your home justice, you may struggle to get buyers through the door, and you could end up needing to reduce your asking price just to generate interest.
Save Time and Reduce Stress
High-quality real estate photos can save you time and reduce the stress that often comes with selling a home. When your listing is well-presented from the start, you’ll attract more serious buyers right away, leading to quicker showings and offers. On the other hand, if your photos are lackluster, you may have to field inquiries from buyers who aren’t fully sold on your home or go through several rounds of price reductions before finding the right buyer.
By making a strong first impression with great photos, you can streamline the selling process and avoid the frustration of having your home linger on the market longer than necessary.
Investing in high-quality real estate photos is one of the smartest things you can do when selling your home. Good photos attract more buyers, highlight your home's best features, build emotional connections, and create a strong first impression that can lead to a quicker and more profitable sale. In the competitive world of real estate, professional photography isn’t just a luxury—it’s a necessity.
So, if you're serious about selling your home and getting the best price possible, hiring a professional photographer for your listing photos is a must. After all, you never get a second chance to make a first impression.
Bill
I can’t stop, it’s my job!
Exceeding Buyers & Sellers expectations for over 22 years. Let's Exceed Yours!
Bill Salvatore / Arizona Elite Properties
602-999-0952 / BillSalvatore.teamiii@gmail.com
www.BillSalvatore.com
Before you Hire a Realtor check them out, Google them!
#ChandlerRealtor #SellmyGilbertHome #Sellmy
ChandlerHome, #ThebestRealtorinGilbert,
#ThebestRealtorChandler, #AZVHVHelpingArizonaHeroes
#NewConstructionAdvantage #Sellmyhouse
#whatsmyhomeworth #homevalues #2025market
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2025 Housing Market Forecasts: What To Expect
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Looking ahead to 2025, it's important to know what experts are projecting for the housing market. And whether you're thinking of buying or selling a home next year, having a clear picture of what they’re calling for can help you make the best possible decision for your homeownership plans.
Here’s an early look at the most recent projections on mortgage rates, home sales, and prices for 2025.
Mortgage Rates Are Projected To Come Down Slightly
Mortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae, the Mortgage Bankers Association (MBA), the National Association of Realtors (NAR), and Wells Fargo show an expected gradual decline in mortgage rates over the course of the next year.
Mortgage rates are projected to come down because continued easing of inflation and a slight rise in unemployment rates are key signs of a strong but slowing economy. And many experts believe these signs will encourage the Federal Reserve to lower the Federal Funds Rate, which tends to lead to lower mortgage rates. As Morgan Stanley says:
“With the U.S. Federal Reserve widely expected to begin cutting its benchmark interest rate in 2024, mortgage rates could drop as well—at least slightly.”
Bill
I can’t stop, it’s my job!
Exceeding Buyers & Sellers expectations for over 22 years. Let's Exceed Yours!
Bill Salvatore / Arizona Elite Properties
602-999-0952 / BillSalvatore.teamiii@gmail.com
www.BillSalvatore.com
Before you Hire a Realtor check them out, Google them!
#ChandlerRealtor #AZVHV/HelpingArizonaHeroes
#NewConstructionAdvantage #Sellmyhouse
#whatsmyhomeworth #homevalues #2024market
#ArizonaEliteProperties #yourValleyProperty
#GilbertRealtor #AZVHV #buyingaHome #LiveinSunnyAZ
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What can you expect for closing costs when buying your new house🏡?
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Closing costs can vary depending on your location and the type of property you're buying, but they typically range from 2% to 5-6% of the home's purchase price. Some common expenses include: 👇 👇
▶︎ fees for the loan application
▶︎ home appraisal
▶︎ title search
▶︎ title insurance
▶︎ attorney fees
It's important to get an estimate of your closing costs from your lender or real estate agent early in the home buying process.
If you need advice on how to prepare for closing costs,Book a real estate consultation with me today, we have ways to make this a little easier. 🌟🏠💬
Bill
I can’t stop, it’s my job!
Exceeding Buyers & Sellers expectations for over 22 years. Let's Exceed Yours!
Bill Salvatore / Arizona Elite Properties
602-999-0952 / BillSalvatore.teamiii@gmail.com
www.BillSalvatore.com
Before you Hire a Realtor check them out, Google them!
#ChandlerRealtor #AZVHV/HelpingArizonaHeroes
#NewConstructionAdvantage #Sellmyhouse
#whatsmyhomeworth #homevalues #2024market
#ArizonaEliteProperties #yourValleyProperty
#GilbertRealtor #AZVHV #buyingaHome #LiveinSunnyAZ
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Every day, but fortunately I had a great wife who would starch them daily for me. How about you? ... See MoreSee Less
AZVHV / Arizona Veterans helping Veterans with all Real Estate needs.
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If you have never zipped up body bags on a shift, you shouldn’t be deciding how much nurses make.
If you have never watched a person suffocate to death from their own blood or sputum, you shouldn’t be deciding how much nurses make.
If you have never been punched and kicked for trying to assess your patient, you shouldn’t be deciding how much nurses make.
If you have never had someone beg you to not let them die, or to let them die, you shouldn’t be deciding how much nurses make.
If you've never had to look into a loved ones eyes or hold them while they crumble when you tell them of the death of their child, mother, father, sister, aunt, gran, papa... you shouldn't be deciding how much nurses make.
I am a nurse! This is so true !
If you have never told your family your shift was “fine” to spare them from what you saw that day, you shouldn’t be deciding how much nurses make.
If you’ve never felt ribs breaking from doing CPR on someone’s family member, you shouldn’t be deciding how much nurses make.
For years nurses have been underpaid and undervalued and no one seemed to care.
Now that healthcare is on the brink of a collapse, everyone is concerned.
Nurses are leaving the profession at rapid rates.
Perhaps it’s from the years of getting 1% raises and barely being able to pay bills. Maybe it’s because nurses are asked to do more and more with less. Maybe it’s from the terrible staffing ratios. The reasons are honestly endless.
Let’s start caring about nurse retention, nurse training, fair wages, safe staffing, etc.
Let’s not get to the point where you need a nurse and there isn’t one to spare.
Copied because my sister is a nurse 💙
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New Hot sheet for this week! Average list prices continue to decline in most cities on the Hot sheet here in the Valley. Our luxury markets seem a little flat, with some price adjustments there too. All in all, a great time for buyers!
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Do You Really Need a 20% Down Payment to Get a Mortgage?
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Are you holding off on buying a home because you think you need a 20% down payment? You might be pleasantly surprised!
Many potential homebuyers believe that a hefty 20% down payment is a necessity to secure a mortgage. However, this isn’t always the case. There are various loan options with different down payment requirements, and some loans don’t even require a down payment at all. Let’s explore these options:
Rural Property Loans: If you’re considering rural properties, certain loans, like USDA loans, are available that don’t require a down payment. These loans are designed to assist low-to-moderate income buyers in eligible rural areas.
FHA Loans: The Federal Housing Administration (FHA) offers loans requiring as little as a 3.5% down payment, making homeownership more accessible for first-time homebuyers or those with less-than-perfect credit.
VA Loans: Veterans Affairs (VA) loans are available to eligible veterans, active-duty service members, and certain members of the National Guard and Reserves. These loans often come with no down payment requirement and no private mortgage insurance (PMI).
Conventional Loans: While a 20% down payment on a conventional loan helps you avoid paying PMI—which could add a few hundred dollars to your monthly mortgage payment—there are conventional loans available with lower down payment options, sometimes as low as 3%.
Understanding these options can help you make an informed decision based on your financial situation and homeownership goals. Remember, while a larger down payment can save you money in the long run by avoiding PMI and reducing your loan balance, it’s not a strict requirement for everyone.
Ready to explore your mortgage options and find your dream home? Contact me today to get started on your home-buying journey!
Bill
I can’t stop, it’s my job!
Exceeding Buyers & Sellers expectations for over 22 years. Let's Exceed Yours!
Bill Salvatore / Arizona Elite Properties
602-999-0952 / BillSalvatore.teamiii@gmail.com
www.BillSalvatore.com
Before you Hire a Realtor check them out, Google them!
#ChandlerRealtor #AZVHV/HelpingArizonaHeroes
#NewConstructionAdvantage #Sellmyhouse
#whatsmyhomeworth #homevalues #2024market
#ArizonaEliteProperties #yourValleyProperty
#GilbertRealtor #AZVHV #buyingaHome #LiveinSunnyAZ
#BillSalvatore ... See MoreSee Less
Arizona Real Estate
www.billsalvatore.com
A REPUTATION FOR REALTY EXCELLENCE THROUGHOUT THE GREATER PHOENIX VALLEY0 CommentsComment on Facebook
Are Open Houses Worth It? The Pros and Cons for Home Sellers
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Open houses have long been a staple in the real estate market, but are they truly effective in selling your home? Understanding who typically attends and weighing the pros and cons can help you decide if an open house is the right strategy for you.
Who Attends Open Houses?
Curious Neighbors: Often, neighbors drop by to see the home out of curiosity rather than genuine interest in buying.
Unvetted Buyers: Open houses can attract potential buyers who haven’t yet been pre-approved for a mortgage, which can result in fewer serious offers.
Looky-Loos: These are individuals who are just browsing without any real intention of purchasing a home.
The Pros of Hosting an Open House
Increased Exposure: Open houses can generate buzz and bring more people through the door, increasing the chances of finding a serious buyer.
Convenience: Scheduling a single open house can reduce the inconvenience of multiple individual showings.
Market Feedback: Open houses can provide valuable feedback from visitors about the home’s condition and pricing.
Sense of Urgency: An open house can create a sense of urgency among buyers, especially if multiple people express interest.
The Cons of Hosting an Open House
Security Concerns: With many strangers in your home at once, there’s a risk of theft or damage.
Low Conversion Rate: Despite high foot traffic, open houses often result in few serious offers.
Time and Effort: Preparing your home for an open house requires significant time and effort to ensure it looks its best.
Attracting Unqualified Buyers: Many attendees may not be serious or financially prepared to make an offer.
Wondering if an open house will help sell your home? Learn the pros and cons before you decide!
Ready to sell your home and unsure if an open house is the right move? Contact me today for expert advice on the best strategies to sell your home quickly and effectively!
Bill
I can’t stop, it’s my job!
Exceeding Buyers & Sellers expectations for over 22 years. Let's Exceed Yours!
Bill Salvatore / Arizona Elite Properties
602-999-0952 / BillSalvatore.teamiii@gmail.com
www.BillSalvatore.com
Before you Hire a Realtor check them out, Google them!
#ChandlerRealtor #AZVHV/HelpingArizonaHeroes
#NewConstructionAdvantage #Sellmyhouse
#whatsmyhomeworth #homevalues #2024market
#ArizonaEliteProperties #yourValleyProperty
#GilbertRealtor #AZVHV #buyingaHome #LiveinSunnyAZ
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Homebuilders Aren’t Overbuilding, They’re Catching Up
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You may have heard that there are more brand-new homes available right now than the norm. Today, about one in three homes on the market are newly built. And if you’re wondering what that means for the housing market and for your own move, here’s what you need to know.
Why This Isn’t Like 2008
People remember what happened to the housing market back in 2008. And one of the factors that contributed to that crash was that there were too many homes for sale. While only part of the oversupply back then came from builders, the lasting impact is that some people still feel uneasy when they hear new home construction has ramped up.
Even though the supply of new homes has grown this year, the data shows there’s no need to worry. Builders aren’t overbuilding, they’re just catching up.
The graph below uses data from the Census to show the number of new houses built over the last 52 years. Following the crash in 2008, there was a long period of underbuilding (shown in red). And it wasn’t until recently that we finally met the long-term average for how many homes are built in a typical year.
This shows, that even with the increase in new builds we’ve seen lately, there won’t suddenly be an oversupply of homes for sale. There’s too much of a gap to make up after over a decade of underbuilding. And if you’re still worried builders are overdoing it, here’s something else that should be reassuring.
New Home Construction May Be at Its Peak for the Year
The latest data from the Census on housing starts (homes where builders just broke ground) and permits (homes where builders can start development soon) shows builders are slowing down their pace right now. Why is that?
They’re responding to still high mortgage rates and how those are impacting buyer demand. Basically, they’re pulling back appropriately in response to what’s happening in the market. As an article from HousingWire explains:
“Even with a massive housing shortage across the nation, homebuilders are completing their pipelines and not seeking as many permits to construct new single-family houses.”
Builders remember what happened when they overbuilt in the crash, and they’re looking to avoid a repeat of that. So, they’re being mindful and pulling back a bit.
You May Have More Options Now Versus Later
If you’re considering a newly built home, here’s how this impacts you. With builders seeking fewer permits and not breaking ground on as many new homes, we may be at the peak of new home construction for the year. This doesn’t mean new home construction is screeching to a stop – just that the pace is slowing down now, and that’ll impact what comes to market later this year. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:
“Given the recent declines in housing starts, home completions will steadily show declines in about six months.”
So, if you’re ready and able to buy now, you may find you’ll have more newly built options to choose from now versus later on. This may be enough reason to kick off your search.
Just be sure to work with a local real estate agent you know and trust throughout the process. An agent will have valuable insight into builder reputations and other key factors specific to your market. And if there isn’t much new construction near you, they’ll be able to point you toward a nearby area where there is.
Bottom Line
While it’s true new home construction is a bigger segment of the market than the norm, that’s not a bad thing. Builders aren’t overbuilding, and they’re responding to market signals to avoid repeating the mistakes that were made in 2008.
If you want to buy now while new home options may be at their peak, reach out. Bill Salvatore
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New Construction Discount Program
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— CLICK to See Recent Listings for New Construction homes in the East Valley — Try our New Construction Advantage* discount program. We return $2,000* of our commission to you, to help …0 CommentsComment on Facebook
10 Important Things First Time Home Buyers Should Know
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First time home buyers may fall into a range of mistakes starting from going beyond affordability to buying a more decrepit house than realistically renewable. There is some basic homework to be done before really going for the purchase in order to avoid such miserable mistakes. Doing the research properly, planning the purchase, good communication with the partner and real-estate agent and keeping things down to the limits of affordability in terms of value and location are some key points that you should exclusively care before buying your first house. Here are top ten things you must consider before you go for the purchase of your dream home for the first time.
Consider the factors like a larking promotion at your job that may send you halfway across the country. If you have such possibilities in wait, maybe it is not the best time to go for the purchase. In reality, if you want to sell the house within the first few years you would actually lose in the overall calculation. However, if you have been living in the same neighborhood for a long time, maybe from your father or grandfather’s time and don’t have a plan to go away, it might be time to look for the good purchase. Check for a house that can grow with the family.
Children and Their Education
children education
Pixabay
Do you already have children or may be looking forward to becoming happy parents! In that case, a big consideration before you go for the purchase of your first home is the location of a good school. The home should be in the school district or neighborhood, or at least close enough so that the children can easily access the school. Besides the school, also consider family-friendliness of the neighborhood, traffic, sidewalks, parks, playgrounds and also other kids around – all these things are important for your children’s growth and education.
Further info for first time home buyers? Take a look at these 5 Best Financing Tips
Repair and Maintenance
Every home requires repair and maintenance and these issues actually crop up more often than you thought. Consider a proportionate repair and maintenance cost before you log yourself to a regular monthly payment with the mortgage that could hook you up in full. In that case, what would happen to a sudden roof leak or a dead refrigerator or air-conditioner or maybe a broken window! You should consider and check with your income and budget beforehand so that a necessary maintenance issue doesn’t have to compete with some of your basics.
Job Factor
If your home falls far away from the job and you can’t digest the long commute – it would make your life hell. Things you need to consider here include how stable the job is! If it’s fairly stable you may consider the areas nearby to check for your dream home. Also, the job does matter for your home loan. How happy you would be with the location if it’s away from the job! Or, to work from home how much of dedicated space you may need to accomplish your office factor! Think wise.
Read more: Reverse mortgage: Senior citizen loans
Down Payment
Down payment is the amount of money you pay up front during the purchase and it may vary from 0 to 20 percent or even more depending on your cash availability, loan type or credit rating. The larger the down payment is, the better you are as a homeowner. Do the research well and consult the bank or lender regarding how much you have to count for the down payment. There are government sponsored agencies e.g. the Federal Housing Administration who can offer low down payment loans for your first purchase.
Check these Condo Trends that buyers are looking for right now
Your Credit Score
credit score
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This factor is quite significant in its impact on determining the amount you would be paying every month. Have a copy of your credit report before starting your bargain for the purchase. The credit score will help determine the loan and interest rate. Number of credit cards, any outstanding debts, overdues, car or student loan etc. do affect the credit score. If your credit score is high, it means it will be easier to get a home loan at a lower rate of interest.
Your Affordability
Above everything else, you need to afford the home value as well as other liabilities involved. You have to balance your monthly income to the affordable mortgage plan. Apart from the mortgage payments, you also have to consider the taxes and insurance, closing costs and also the local homeowners association fees in case. And, on top of that the regular maintenance too. Consider all these costs on the balance sheet and determine whether you can afford the expenditure.
Read more: Reverse mortgages: Senior citizen loans
Home Type
townhouse
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You have to decide your mind whether you like a more traditional or a modern home, and also the kind of neighborhood you want to live in. You may prefer a traditional home with a big front yard full of kids, pets, and flowers in a quiet suburb! Maybe your wife prefers a downtown condo where shops and restaurants are at a walking distance. A useful basement or a big garage – you have to chain your affordability to your desire for a happy living.
Read more: Townhouse pros and cons
The Buying Process
Buying a house can be a complicated work involving lots of paperwork and more. Before looking up in the market or meeting a realtor, you should plan for the money needed for your down payment. Get to the knowledge of how much loan you could get based on your credit rating etc. – this will help you know the budget range. Once you are under contract, apply for the loan. Gather the money for closure and arrange for a home inspection by a professional. It’s always a great idea to involve a realtor to help you out. Popular realtors like Number One Property take pride in providing affordable and professional service to make your home buying process easy and hassle-free.
Learn The Market
Real estate market is not static, it shifts on a constant basis, so as soon as you are prepared for the purchase try to get a clear sense of the current market in the area. How the buyers are impacted by the current status of the market – discuss this hot topic with your agent. Don’t fall for a sellers’ market, be patient, do your research and wait for the buyers’ turn on the market.
Bill
I can’t stop, it’s my job!
Exceeding Buyers & Sellers expectations for over 22 years. Let's Exceed Yours!
Bill Salvatore / Arizona Elite Properties
602-999-0952 / BillSalvatore.teamiii@gmail.com
www.BillSalvatore.com
Before you Hire a Realtor check them out, Google them!
#ChandlerRealtor #AZVHV/HelpingArizonaHeroes
#NewConstructionAdvantage #Sellmyhouse
#whatsmyhomeworth #homevalues #2024market
#ArizonaEliteProperties #yourValleyProperty
#GilbertRealtor #AZVHV #buyingaHome #LiveinSunnyAZ
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Real estate terms can be confusing, but I'm here to help! We can navigate your home-buying process together. Just send me a message with your questions, and let's get started!
Bill
I can’t stop, it’s my job!
Exceeding Buyers & Sellers expectations for over 22 years. Let's Exceed Yours!
Bill Salvatore / Arizona Elite Properties
602-999-0952 / BillSalvatore.teamiii@gmail.com
www.BillSalvatore.com
Before you Hire a Realtor check them out, Google them!
#ChandlerRealtor #AZVHV/HelpingArizonaHeroes
#NewConstructionAdvantage #Sellmyhouse
#whatsmyhomeworth #homevalues #2024market
#ArizonaEliteProperties #yourValleyProperty
#GilbertRealtor #AZVHV #buyingaHome #LiveinSunnyAZ
#BillSalvatore ... See MoreSee Less
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