Watch this 3 Minute Video On Multi Family Housing!
WHAT IS A MULTI FAMILY HOME?
Duplex, Triplex, and Fourplex are the Multi Family Home that act like a Single Family Home for lending purposes as long as you live in one of the units! You get the added bonus of Rental Income.
But, where do you find these properties? Not always where you would think? LoopNet is a good source to start, so is letting your Realtor® know that you are interested in Income Producing property that you can also live in!!
Call me to discuss your options and your investment strategies!! Also, we can go over the questions you will want to ask your CPA before making any investment purchases.
If I can do anything to help you get your home sold, including finding a buyer I would love to do so.
I would like to promote your home on my Social Media when you get professional photographs done. If you need any staging items do not hesitate to let me know. I pride myself in finding the right home for my buyers in a very small number of viewings. This is done by me knowing the inventory and focusing primarily Mid-Phoenix areas. My experience of selling over 75 homes in the last 2 years…not just listing, actually closing!
I have several pieces of information that I will send to you over the next few weeks that will help you prepare for the For Sale by Owner process; also if there are ever any questions that I can answer for you please do not hesitate to call me.
It Can be Scary When You Don’t Know Who to Talk to!!Your Mortgage is the Building Block!!
Let me get you connected with the Lender that Will Make Your Home Buying Dream Come True!!Your Success in Buying Your First Home is ALL That Matters!!!
Schedule your no obligation 15 minute consultation!!
If you want to know what is the next step, just click the link below,
or you can always contact me directly at 480.809.5853
With so much going on you may wonder are there people still buying and selling real estate? The answer is yes…sort of! Open Houses are completely stopped and Owner Occupied Showings have been either stopped, restricted by appointment only, or gone Temp Off Market.
So what does that mean for Real Estate? It means that more offers are being put in based on pictures or Virtual Tours (done by your local Realtor). Vacant properties are more ideal for buyers. In addition, Investors looking for properties to rent with Tenants in place are also now available. The Good News: Extended Inspection Times and COVID-19 Clauses that allow for the Buyer to evaluate the situation that COVID-19 is having on them before closing. While you may not be able to see the property you are buying there are innovative ways to get you comfortable that the property you are buying is a good fit for whatever your current real estate needs are. So, wherever in the World YOU are, when you are ready to buy in Phoenix, I am there for you!! Let me pre-view the homes you are interested in, take video’s and send them to you via Instagram, FaceTime, Messaging or What’s App…you decide!!
I can be your eyes in today’s market where homes are still going fast and the ability to travel is not always possible!!
Call me today 480-809-5853 and let’s get started on your
Your realtor is a great person to ask all of your questions to. While they may not have all the answers they should be able to point you in the right direction on who to ask the question to so that you get the answer you need. There are no insignificant questions so ask all of them!
Crunch the Numbers
Know your closing costs and out of pocket costs!
There is a lot to think about when you are crunching the numbers, closing costs can be a surprise if you haven’t looked into everything that it includes, like Title Costs, Inspections, Appraisals, HOA Prepaids, Capital HOA fees, Home Warranty, Loan Costs. Sometimes you are able to ask the Seller to help with those costs in the form of Concessions. Talk to your Realtor for a realistic view.
Plan for your Pets
Keep in mind your home purchase and your pets
When you have pets, there are special considerations in choosing your next home. Be sure to find out about any pet rules and not only ask for the rules, but be sure to read the CC&R’s (The HOA Rules) and make sure the information you received is correct. There can be rules on the type of pet, to the weight of the pet and the number of pets. No one ever wants to buy a home only to find out their pets are not welcome!
There IS a lot to do and think about!
YOU CAN DO IT!!
While there is so much to do and think about, there is help!! To set up your own personalized consultation NO obligation call/text me at 480-809-5853
We all want a smooth transaction from beginning to end!
By Sherri Sue Parkin of Berkshire Hathaway HomeServices Arizona Properties
While every home transaction is different, there is so much that you can do to make yours as smooth as possible! Take some time to do a budget. Go through your bank statements and credit card statements and find out what you really are spending each month, don’t forget those things you pay cash for like baby sitters and tips. The last 3 months is a good time period to see what your spending habits are, however, for utilities you will want to take a one year average. If you are like me you probably found auto payments for things you never even use! Cancel them even if they are only a few dollars each month…it all adds up! Then create categories for what are necessities and what are niceties. This is all being done to find your comfort zone for your mortgage payment and in some cases HOA dues. You always want to stay within your comfort zone, not just what you qualify for.
Figure Out the Pros and cons of Moving-You may be surprised!
Write all the reasons you can think of and Update them Daily!
Sometimes we think we need to stay for a neighbor only to have the neighbor move themselves, or we love a favorite restaurant only for them to sell and it no longer is the same. Then there are other factors for wanting to move like living closer to work or a loved one. What are your main reasons for wanting to move? Why do you want to stay?
To Buy a New Home or An Existing Home?
Decide on whether you want to buy a NEW or Existing Home?
If you think you want to buy a NEW Home, you MUST find your own realtor before you go out looking at NEW Model Homes!! If you don’t then you are giving up your rights to have your own realtor representation. The agents at the Model Homes represent ONLY the SELLER!! Always bring your realtor to the design center…so you don’t overspend!!
So When is the Right Time?
You WILL Know! You literally will wake up and say, “I am ready!!”
So make sure you have done what you need to do to prepare for putting in your best offer so that you stand out and get the home you want!!
