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Tuesday, March 15, 2016   /   by Greg Sidoff

Mortgage And Home Buying Tips For Every Generation

Mortgage And Home Buying Tips For Every Generation

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Buying a home at any stage of life poses financial considerations and challenges to overcome. Buyers at the start of their careers tend to lack financial capital, while those more advanced in their careers have retirement savings and other financial demands to consider, and retired buyers have a smaller monthly income than those with regular pay checks. Each phase of life requires its own approach to mortgage strategy and below you can find some home buying and financial planning tips to help you make the correct decisions when it comes to your mortgage.
There are three basic principles to consider when mortgage planning.
Closing Cash
Almost every mortgage requires a down payment that ranges between 3 to 20 percent of the properties price. However, closing costs are also required in any home purchase and usually range between 1 to 3 percent of the ho ...

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Tuesday, March 15, 2016   /   by Greg Sidoff

Making The Most Out of Your Tax Refund

Making The Most Out of Your Tax Refund

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You can use your tax refund in a variety of different ways really. You can go for a vacation, buy a brand new TV, or some other luxurious ways you might have in mind. However, with a tax refund averaging $3,000, one of the most efficient ways of using it is to reinvest it back into your home. Regardless of the amount, if you are getting a tax refund this year, you can use the following suggestions, to reinvest your refund and make improvements to your home.
Clearing debts 
You might have found yourself in a position where you needed a loan. It might have been to start a business or a home reconstruction. You might also have taken a loan for some other personal projects that needed completion when the funds were not readily available at the time.
You can use your tax refund to pay some of those loans and debts you currently have. This wil ...

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Tuesday, March 15, 2016   /   by Greg Sidoff

5 Ways You Can Make Your Solo Home Hunt A Success

5 Ways You Can Make Your Solo Home Hunt A Success

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The home buying experience that is usually portrayed in advertisements generally seems to concentrate on families and couples. But nowadays, only 40% of first time home-buyers are married, down from 52% in the late 1980s.
The process of purchasing a home for a sole-owner might be similar to that of anybody else, but there`re several slight differences in how a single home buyer may approach the home buying experience.
Below are 5 ways you can make your solo home hunt a success.
 
Find your real estate agent
Do not choose the first real- estate agent you get in an online search. You should try posting a query on social media so that you can get insights from your family and friends. You should look for positive real estate agent reviews that might comment on buying alone vs. as a couple.
Once you find several real estate agent options, you sh ...

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Tuesday, March 15, 2016   /   by Greg Sidoff

9 Things That Will Turn Off House Potential Buyers

9 Things That Will Turn Off House Potential Buyers

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Before you advertise your house, you need to look around for a few things that might be somewhat discouraging to your buyer. They will without a doubt be comparing many houses and will readily push yours aside with the slightest provocation. You need to be aware of some common things that turn off potential buyers.
Things That Turn Off Potential House Buyers
1. Carpet over hardwood floors
Many people really like hardwood floors, they add a wonderful design element to your house. They’re also very easy to clean and don’t retain dirt like carpets do. Many sellers make the mistake of covering up their hardwood floors and opting to display carpet. Ensure you show off your gleaming hardwood floors and leave the buyer to decide if they want then covered or not.
2. Using a bedroom for other purposes
All home buyers are interested in the n ...

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Friday, February 26, 2016   /   by Greg Sidoff

Upside surprises were seen in GDP, durable orders, housing, and inflation.

The major U.S. economic data released over the past week was stronger than expected. Upside surprises were seen in GDP, durable orders, housing, and inflation. The impact on mortgage rates was small, however, and rates ended the week just a little higher. 
The Core PCE price index is the monthly inflation indicator preferred by the Fed, and the readings for January showed that inflation is rising more quickly than expected. Last week's CPI inflation report contained a similar message. 
Core PCE, which excludes the volatile food and energy components, was 1.7% higher than a year ago, up from 1.3% just two months ago, and the highest level since February 2013. Low levels of inflation have helped keep mortgage rates low. If the trend toward higher inflation continues, it would be negative for mortgage rates. 
The housing data released over the past week was mixed, but the much more significant report was encouraging. January existing home sales, which make up about 90% o ...

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West USA Realty
Greg Sidoff
7077 E Marilyn rd Scottsdale, AZ 85254
602-740-3257
866-792-9516

© 2018 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than West USA Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. June 23, 2018