Avoiding Probate In The Sale Of A Home

A TALE OF TWO HOME SALES If you are a "baby boomer" (born between the the mid-1940's and approximately 1964) there is a real good chance that you will inherit real estate sometime in the not too distant future. And, like it or not, you very well could be leaving real estate to your own heirs in the decades to come. Boomers are expected to inherit $136 trillion over the next four decades with an average inheritance totaling $177,000. In many cases, that inheritance will involve the transfer of … [Read more...]

What Exactly Does A Home Inspector Do?

Your Realtor® will negotiate an inspection period during which time you will have the right to inspect nearly every aspect of the home, the neighborhood, the school district, etc. Whatever is a material matter to you short of tearing out walls or flooring is your right and obligation to evaluate. If you discover something during the inspection period that is unacceptable to you that the seller either cannot or will not remedy, you may cancel the purchase contract and have your earnest money … [Read more...]

Millennials Building Wealth

Last fall, 15 future financially secure millennials (and a few parents) came together to learn about the various ways of starting a wealth building plan. Each of the participants moved through a fun exercise designed to identify values and priorities. The purpose was to help each individual find their "why". Saving money and building wealth means making tough choices. And if you don't have an awfully good reason for doing it, it's tough to stay motivated. So what did participants learn in … [Read more...]

Coronado Historic District in Phoenix

Downtown Phoenix is experiencing a renaissance. With the arrival of the light rail in 2008 we've seen an explosion of new residential home options with shiny high-rise condominiums, state of the art apartment buildings and interesting in-fill projects dotting the area. New restaurants and clubs surround the downtown campus of Arizona State University and run the length of Central Avenue from Roosevelt to the south up to Northern Avenue to the north.  As anticipated, we've also seen some of the … [Read more...]

Is Buying Phoenix Rental Properties A Good Investment?

I've always said that the smartest people I know don't know everything. But they know people who have the answers to their questions. One of the things I love about real estate is the constant learning experience. And I'm smart enough to know that I don't have to have every answer to every question; but I better know the people who do. That's how I am helping investors add real estate to their portfolios and build wealth for themselves and their families. My go to real estate investment guru is … [Read more...]

Home Selling Season 2017: Welcome And List Now!

Welome to home selling season 2017!  The first couple of months of 2017 have seen a busy housing market. However last week marked the beginning of home selling season 2017, at least in my practice. My phone has started ringing more with showing requests on listings, even those that have seen less activity in recent weeks. Buyers are letting me know that they're ready to roll in finding their next (or first) home. Even investors have caught home selling season fever. My assistant Jennifer and I … [Read more...]

Chandler Chamber of Commerce Economic Update: JOBS!

The Chandler Chamber of Commerce Economic Update was held last week at the San Marcos Hotel and the word of the day is JOBS! While I don't have the exact figure related to how many new jobs came to Chandler in 2016, how's this for a round number: A LOT! Companies like NXP, Republic Services, DaVita RX, ETW Software, State 48, Wells Fargo, Bank of America, Orbital, Rogers Corporation, and many others either opened or expanded in Chandler last year. Anywhere from 50 - 600 jobs have been added by … [Read more...]

Campaign Promises can ‘TRUMP” Arizona’s Real Estate Market?

Well, the election is over and many are curious to know if 2016 campaign promises will "trump" Arizona's real estate market. Some of you are elated with the results, and many lie somewhere between anxious and terrified about what the future will bring. As far as campaign promises go, there are three in particular that could have a significant impact on the  housing market according to Tina Tambour of the Cromford Report. Trump promises to deport millions of undocumented immigrants The … [Read more...]

44920 W Paitilla Lane, Maricopa

44920 W Paitilla Lane, Maricopa AZ. Everything is relative someone once said. And home prices are no exception to that age old rule. Take this listing at 44920 W Paitilla lane in Maricopa Arizona, about 25 miles from the east valley suburbs of Phoenix. A 1630 square foot single story beauty of a home on a corner lot right down the street from the neighborhood park with amenities for kids and walking trails for all. It's a wonderful balance of seclusion in the interior of the subdivision but the … [Read more...]

The BREXIT Effect On Real Estate

While the debate rages on about sanity of the British vote to secede from EU, we here across the pond are seeing the effect of the BREXIT on real estate. Proof of the global nature of our economy can be seen in the immediate effect on our stock market, as well as the positive impact on our real estate market. Here in Phoenix we're seeing benefits to both buyers and sellers and here is a simple explanation of why that is. Many have been anticipating a rise in interest rates. The Fed has given … [Read more...]