When it comes to the home buying and selling process, there are a lot of added costs involved, apart from the property price itself. These closing costs are added fees that come along with purchasing a property and are usually taken care of at the “close” or conclusion of the real estate transaction. Depending on your location, the type of mortgage you take out and the property you’re planning on purchasing, these closing costs can be substantial. They should always be taken into … [Read more...]
Ways to enjoy Holidays in Prescott, Arizona
Holidays in Prescott, Arizona We love Prescott all year round but the holidays in Prescott, Arizona might be our favorite time of year. Despite Prescott repeatedly being named one of the best places in the U.S. to retire or to live, the town still manages to maintain it's charm and small town feeling. If you've just moved to Prescott or if you are considering relocating here are some suggestions of events during the holidays. Noted as being Arizona's Christmas City, the holiday festivities … [Read more...]
Trick or Treat in Prescott, Arizona
Trick or Treat in Prescott, Arizona can be quite adventurous. For over sixty years, Mt Vernon Street in Prescott, Arizona has been attracting thrill-seekers by the thousands on Halloween night. The spooky adventures started in 1901 when a run down Victorian home on the corner of Mt. Vernon and Goodwin was thought to be haunted. The owner decided to play some tricks on the neighborhood kids and scare them with spooky and ghostly sights and sounds. By the 1960's other homes on Mt Vernon street … [Read more...]
Things to Avoid After Applying for a Mortgage
Things to Avoid After Applying for a Mortgage Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how your decisions will impact your home loan. Below is a list of Things You Shouldn’t Do After Applying for a Mortgage. Some may … [Read more...]
WHICH DOWN PAYMENT STRATEGY IS RIGHT FOR YOU?
You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from lenders. But there can actually be financial benefits to putting down a small down payment—as low as three percent—rather than parting with so much cash up front, even if you have the money available. THE … [Read more...]
Creating a luxurious bedroom
For most of us, our bedroom is little more than a place to sleep and relax. However, just because it’s always been that way doesn’t mean that we have to settle for drab and dreary. One trend that’s gaining steam these days is converting your current bedroom into a luxury bedroom suite (or something comparable). If you want to live like you’re renting a room at the Ritz, then you want to follow these tips. Compartmentalize Your … [Read more...]
Half way into 2019, Life in Prescott Arizona
Half way into 2019, Life in Prescott Arizona Where did half of the year go!? Like they always say, time flies when you’re having fun - and what a fun year it has been! We still have so much to look forward to as we continue through 2019 working with our buyers and sellers. Hope that you are enjoying our posts about Prescott as there’s nothing we love more than sharing our passion for the place we call home. July 4th sparklers replace New Years eve fireworks. Continuing education in 2019 So … [Read more...]
Four reasons to consider buying a home today instead of waiting
Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year. Home values will continue to appreciate. Waiting may no longer makes sense. 2. Mortgage Interest Rates Are Projected to Increase Freddie Mac’s Primary Mortgage Market … [Read more...]
Arizona Downs Grand Opening
Arizona Downs Race track will have it's grand opening race day on May 24th. To Dennis and I , it brings back some great memories. "Arizona Downs is a horse racing track in Prescott Valley, Arizona. The track hosts both thoroughbred and quarter horse racing. Formerly known as Yavapai Downs, it last conducted races in 2010, but intends to resume live racing in 2019. We have been watching the progress over the last year or so since the new owners stepped in. They opened last summer … [Read more...]
Buyer Demand Surging as Spring Market Begins
Buyer Demand Surging as Spring Market Begins Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market (the March data is not yet available). Both the ShowingTime Showing Index and the National … [Read more...]
