One of the most, asked questions, in Scottsdale real estate. "With my budget, what kind of Scottsdale home can I afford?" Determining how much “home you can afford” depends on several important factors including: Your annual gross income. You can get a very rough estimate of your affordable home price range by … [Read more...] about What Scottsdale Homes Can I Afford??
Borrowers
Scottsdale Real Estate Resources – Title
The BIG day has arrived, Closing day! You sit down with your escrow agent, pen in hand. The anticipation is building. All you want to do is sign your name on the dotted line. The escrow agent reaches for your file. With a loud and seeminly overly dramatic thud, drops a large mountain of papers in front of you. You think to … [Read more...] about Scottsdale Real Estate Resources – Title
Scottsdale Real Estate Resources – Escrow
An escrow is: A contractual arrangement in which a third party receives and disburses money or documents for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties, or An account established by a broker for holding funds on behalf of the broker's principal or some … [Read more...] about Scottsdale Real Estate Resources – Escrow
Scottsdale Real Estate Trends – It’s Time to Buy.
It's Time To Buy! If you have been waiting to buy. Now, could be the best time to buy a home. With interest rates on the rise. Inventory is down from a 5.62 month supply in Jan 2014 to 3.87 month supply as of May 2014. The average sales price up slightly from $242,017 to $248,084 during the same period. And up from … [Read more...] about Scottsdale Real Estate Trends – It’s Time to Buy.
30-Year Fixed Mortgage Rates Fall for Second Week in a Row
Mortgage Rates have fallen for the second week in a row. This is definitely a good sign for Buyers who are already in the market. For those of you who have been trying to decide. Now, is the right time to start your new home search. Mortgage Rates for 30-year fixed mortgages fell last week, with the current rate borrowers … [Read more...] about 30-Year Fixed Mortgage Rates Fall for Second Week in a Row