Glendale Arizona Real Estate News & Listings Presented By HomeSmart

7502 W SWEETWATER Avenue, Peoria 85381

Wed, 01 Feb 2012 19:10:41 GMT

4 bedroom / 2 bath with Private Pool. Tile and carpet thru-out. Kitchen has a pantry and eat-in-kitchen. Enclosed patio for an extra sitting/storage room and and a built on patio behind that. Tuff Shed on side yard conveys with the home. Take a look at the photos. All offers are contingent upon an agreement between the seller and sellers lender(s), acceptable to both, to sell the premises for less than the sellers loan amount(s) and payoffs.*

11603 W LEMON Court, Surprise 85378

Sat, 28 Jan 2012 19:12:41 GMT

Private Pool* Golf Course Lot* 2 bedroom 2bed w/ den/1.75 bathroom. Tile and carpet in home. 2 Car garage with Golf Cart Carage. Garage has storage cabinets. All offers are contingent upon an agreement between the seller and sellers lender(s), acceptable to both, to sell the premises for less loan amount(s) and payoffs.*

9350 W HIDDEN VALLEY Circle, Sun City 85351

Sat, 14 Jan 2012 19:14:44 GMT

*NOT A SHORTSALE OR BANK OWNED HOME* This home is 1,086 square feet with 2 bedrooms. Two car garage with storage cabinets. Washer, Dryer and Refrigerator convey. Screened in back patio. Established citrus trees in the back yard. New water heater in 2010. Furnace was just replace in May 2011.

8212 W LAUREL Lane, Peoria 85345

Mon, 09 Jan 2012 19:02:33 GMT

This home has 3 bedrooms with 2 bathrooms. Kitchen, family and living room. Fireplace in family room. Tile and carpet thru-out. French doors to back yard from living room and french doors from master bedroom to backyard. Cul-De-Sac lot w/ R/V Gate. NO HOA. Covered Patio in backyard with a pool. All offers are contingent upon an agreement between the seller and sellers lender(s), acceptable to both, to sell the premises for less than the sellers loan amount(s) and payoffs.

14457 S 44TH Street, Phoenix 85044

Mon, 09 Jan 2012 19:02:33 GMT

Close to 1-10 and shopping. Tile in all the right places. Stainless steel appliances. 4bed/w/pool. Pulte split floor plan. Under cabinet lighting, pull out shelves, raised panel cabinets, bay window, french doors to patio. All offers are contingent upon an agreement between the seller and sellers lender(s), acceptable to both, to sell the premises for less than the sellers loan amount(s) and payoffs.*

6550 N 47TH Avenue 190, Glendale 85301

Mon, 19 Dec 2011 19:00:05 GMT

Corner condo located on the bottom floor. Living room has cozy fireplace. 2 bedrooms with 2 bathrooms. Tile thru-out whole unit. Kitchen has stainless steel appliances. Back patio backs up to a water stream. Community pool and park across the street.

12708 W DESERT MIRAGE Drive, Peoria 85383

Wed, 26 Oct 2011 18:14:25 GMT

4 bedrooms with 3 bathrooms. One of the full bathrooms is downstairs. Built in entertainment niche, family room, loft and living room. Kitchen has granite counter tops. Master has dual sinks. All offers are contingent upon an agreement between the sellers and sellers lender(s), acceptable to both, to sell the premises for less than the sellers loan amount(s) and payoffs.

11843 W ROANOKE Avenue, Avondale 85392

Sat, 08 Oct 2011 18:10:32 GMT

3bedroom/2bathrooms 1765sqft. Corner lot with covered back patio.

6733 W BROWN Street, Peoria 85345

Sat, 03 Sep 2011 18:20:28 GMT

3 bedrooms 2 bathroom home with family and living room, dining room and eat in kitchen. Home has covered patio in backyard with private pool.

Beautiful home

Thu, 28 Jul 2011 18:41:16 GMT

This home has 3 bedrooms with 3 full bathrooms. One bedroom and full bathroom down stairs. Family Room, Living Room and Media Room. Master Bathroom is hightly upgraded. Backyard has a pool, firepit and built in BBQ. There are too many upgrades to list. Look at photos to see them all.

Should I Buy a Home Now?

Tue, 04 Nov 2008 09:55:00 GMT

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

New $7,500 Tax Credit for First Time Buyers

Tue, 04 Nov 2008 09:55:00 GMT

The Housing and Economic Recovery Act of 2008 was just signed by President Bush with some amazing benefits for first time homebuyers. Call everyone you know who wants to buy their first home (or who hasn't owned one in three years), this is too good to miss - it's a $7,500 tax CREDIT (not deduction but a credit).

If you have not owned a home in three years, you qualify as a first time home buyer. If you buy a home after April 9, 2008 and before July 1, 2009, you qualify for this credit. Call your friends who just bought a home since April 9th and tell them they may take $7,500 off their tax bill if they qualify. It has to be your principal residence, so rentals do not count.

The tax credit is 10% of the cost of the home, up to a maximum of $7,500. This is not an additional deduction that lowers the amount of income to be taxed, it is a tax credit. In other words, you take $7,500 off your tax bill. But there is a catch; the credit you receive now is actually an interest-free loan that must be repaid.

The loan has no interest, and will be paid back over 15 years. You get the credit on your 2008 taxes, but you start paying it back on your 2010 taxes that are due in 2011, so you get at least two years without a payment. You pay back 6.67% of the credit each year, so for a $7,500 credit the payment is $502.50 per year. If you stay put for 15 years, you pay it off with no interest.

What happens if you sell the house? You pay the balance back at the closing. So, you get $7,500 now, and pay the rest of it back if you make money on the sale of your house. What happens if you do not make enough money when you sell your house? They forgive the rest of the debt.

Other restrictions stipulate that you have to buy your first house in three years before July 1, 2009, not have super high income, not use bond financing and buy anywhere in the US.

If you'd like to learn more about this program, please call me!