Friday, August 31, 2012

Ashley Heights Gilbert Homes for Sale

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Welcome to Ashley Heights, Gilbert


Ashley Heights is located on Recker Road south of Ray Road in Gilbert. Ashley Heights community provides a great place for families of all ages to live and play. Walking paths and parks are scattered throughout the neighborhood. Other amenities including sports courts, playgrounds, and picnic areas.

Ashley Heights community is served by the Higley Unified School District. Children in  Ashley Heights community attend Gateway Pointe Elementary (K-8) and Higley High School.

School near Ashley Heights:

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This Month in Real Estate (US) September 2012

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Sunday, August 26, 2012

Chandler School Boundary Map

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Chandler Elementary School Boundary

Chandler Junior High School Boundary

Chandler High School Boundary




How To Make Moving Efficient And Easier On Everyone

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Poll the average person and ask them what they think of having to move to a new residence and the answer won’t be all peaches and sunshine. It’s certain that almost can agree that having to move can be a time-consuming necessity, but nonetheless it’s a necessity. Settling on a new place can be a chore in and of itself, and having to plan, pack and unpack is on deck.

And procrastinating won’t get you any further, either. In fact, having a plan in place and the motivation to see through it is what separates an easy move from a loathsome one. With that said, below are a few basic tips to making the most from your move.

The Plan Before The Plan
Right off the bat, you must decide if you have the time and energy to do the move yourself or if you should hire a professional to do the task instead. There’s probably an abundance of moving companies around your area, but if you have some spacious trucks and a few helping hands to do if for you, that’s another option. Just make sure you’ve got this one decided before doing anything else.

Lists, Lists And More Lists!
Grab the nearest legal pad and start surveying your possessions. Make a note of every one, from the most fragile to the sturdiest. What this does is allow you to see just how much clutter you have in your home and you’ll know whether or not a garage sale is in order, or better yet, you can donate them to local charities.

Sort Packaged Items By Room
This one will save you time during the unpacking phase. As you start to pack up items, label the boxes for kitchen, living room, bedrooms and so forth. The last thing you want is a bunch of boxes stacked on top of each other in one empty room of your new home and not know which go where.

Pack Weeks In Advance
As procrastinators love to wait till a few days before the move, you should do the opposite. You should begin packing up all small to medium-sized belongings weeks in advance. In fact, save a block of time on certain days and dedicate that solely to packing. Also, if you’re in the hunt for big, sturdy boxes and don’t want to have to pay for them, ask around for some and see if friends and family have some in storage. Or go to the grocery store or liquor store and see if they have any extra boxes lying around.

Take Your Time When Lifting and Hauling
I included this one specifically because I’ve injured myself needlessly by either trying to act like a hero and carry more items than I should at once, or I just was not aware of my surroundings (see: steps and stairs). Be cautious with how you lift and haul away bulky items like couches and mattresses or other heavy objects to and from the truck and on into the home. Instead, call upon the help of two or three of your friends with each heavy item, being careful to bend at the knees and not put the weight solely on your back. There’s no sense in pulling a muscle or having something worse happen.

If Possible, Make Less Trips Back And Forth
Some moves require a lot of backtracking from the old home to the new one because there are simply too many items to be hauled away. But, if you take a few extra minutes with how you store every box in a truck or moving van and open up more space, you’ll be saving yourself an extra trip, which in turn saves the gas tank in the end. And really, this is all about making the move as effortless and swift as possible.

Lastly, Don’t Put Off Unpacking
I fell into this category on a couple of my moves where I just wanted to rest on the couch in my pretty bare-bones living room with just the T.V. and cable box to bide my time. All those unpacked boxes scattered around the house just stood there for a couple days to the point I would get to them one by one through the week.

Don’t do that.

You’ll have wasted all those good hours you saved from doing the previous steps and probably tack on a few more in the process. While you may be exhausted from the moving day, unpacking and sorting your possessions throughout your new residence can give you a good idea of what you want the layout to be and feel.

Concluding Thoughts
Moving into a new home should be about good vibes and getting the new chapter in your life underway. Don’t let the happy emotions fall by the wayside by dreading the moving process. Rather, embrace it and get a jumpstart on it. The rest should fall in place.

via homegain.com

Friday, August 24, 2012

JD Power Associates | Keller Williams Realty # 1

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PROUD and HONOR to be in the great company! 
THANK YOU ALL for making in happen!

AUSTIN, TEXAS (August 16, 2012) — According to the J.D. Power and Associates 2012 Home Buyer/Seller Satisfaction StudySM released yesterday, Keller Williams Realty, Inc. ranks highest in customer satisfaction in both the homebuyer and home seller segments. Keller Williams Realty, Inc. achieved the highest scores in all measured factors across both segments, receiving the highest JDPower.com Power Circle RatingSM among its competitors overall.... continue reading....

Wednesday, August 22, 2012

The Gardens Gilbert Homes for Sale

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Welcome to The Gardens, Gilbert AZ


The Gardens, located on the northeast corner of Ray and Recker roads in Gilbert, in the northen sections of 202 Loop. Residents of The Gardens will enjoy many on-site amenities, including numerous parks, basketball courts, playgrounds, and swimming pools.

The Gardens community is served by the Higley Unified School District. Children in The Gardens attend Gateway Pointe Elementary (K-8) and Higley High School.  

School near The Gardens

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5 Mistakes Buyer Make in a Hot Market

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While home prices are nowhere near their peak of 6 or 7 years ago, the nationwide data is clear: the housing market this summer has been hotter than at any time since the recession:
  • The Census Bureau just revealed that new home starts rose 6.9% in June to their highest level in four years - up 23.6% from a year earlier.
  • In April, home prices rose for the first time in seven months, according to the S&P/Case-Shiller home price index. 
  • The number of home sales pending rose 9.5 percent year-over-year from June 2011 to June 2012, as reported by the National Association of Realtors. 
Given this rapid turn of the market, what’s a buyer to do? Maybe take a new approach to prepping for the hot market house hunt. To that effect, I submit that savvy buyers will find more pitfall-preventing power in learning what not to do. Inspired by the last time we had a market heated up by short times on market, low inventory and multiple offers, here are five hot market mistakes home buyers should avoid making:

1.  Acting out of desperation.  Deep inhale - aaaaaand exhale. It’s extremely easy to get caught up in the lightning-fast pace at which the great homes come on and off your local market, growing panicked and even desperate - especially when you see ‘just-right’ homes go from 'New' to 'Pending' status before you can even get an appointment to see them!

But know this: desperation has no place in a home buying transaction. Panic does nothing but cause people to make impulsive and otherwise unwise decisions, ranging from talking themselves into a home that isn’t quite what they really want, to paying way more than they can truly afford to spend (see #s 4 and 5, below).

If you’re in the market for a home, and your local market is so hot it’s causing you to feel freaked-out, panicked or overwhelmed, remind yourself that:
  • There are probably hundreds of homes in your neck of the woods that will meet your needs. When one goes off the market, another is on it's way on.
  • There is no ‘perfect’ home.  If you didn’t get that one that seems like ‘the one,’ then, by definition, it’s not ‘the one.’ 
  • Every home you see or make an offer on, and don’t get, equips you with a better understanding of the market, putting you in a better position to get the home that will eventually be yours. In life generally, I believe every experience is either a stunning success, or a successful education. Look at the homes you miss out on as an opportunity to get a successful education about the market.
Desperate is bad.  Urgent, however, is good. If you know, for example, that single family, 3+ bedroom homes, near downtown under $400,000 move very, very quickly, then act on that knowledge:
  • Ask your agent to notify you as soon as they hear of homes coming on the market that meet your needs - even before they are on the MLS, if possible. 
  • Give your contact information to the listing agents at Open Houses similar to what you’re looking for and ask them to drop you a note if they get similar listings.
  • As soon as you see a new listing that seems like it might work for you, go see it - don’t wait for the weekend. And if you see a home and really like it, make an offer without further ado.  
2.  Hesitating. What’s worse than seeing great properties come and go before you can get out to see them?  Seeing them go into contract after you view them, but before you make your own offer. When the market is hot, often buyers who have been sitting on the fence or simply window-shopping for ages will stumble into a great Open House and decide that it’s time to make an offer, only to realize that their loan approval has expired and it will take a day or two to get a new one. At the other end of the spectrum, buyers who have just started house hunting can come across a home they love, but drag their feet in making an offer because (a) they’re used to a slower-paced market, so don't recognize the urgency and (b) they aren’t 100 percent sure something better won’t be coming right along.

On a hot real estate market, hesitation can be costly.  You can end up in a multiple offer situation where you would have been the only offer a few days prior, or can even end up losing out on a property entirely because another, more decisive buyer swoops the place right out from under your nose.

Morals of the story: Make sure you maintain a current loan approval in place at all times - in fact, I say you shouldn’t be out house hunting if you don’t have a current loan approval.  And, for those new to the house hunt, go Open House hunting even when you aren’t completely in love with the listings you’re seeing online. Once you’ve seen a good number of homes, you’ll have more material against which to compare every other home you see, making you less likely to dither before making an offer when you do find a good one.

3.  Ignoring the market entirely.  I’m not an advocate of making your decisions about whether and when to buy or sell based on what’s happening in the market. Rather, I recommend making your real estate decisions based on what’s happening (and what you forecast and envision will be happening in the next 5-10 years) in your family, your career and your life.

That said, when it comes time to execute your decision to buy, it’s foolhardy not to take market dynamics into account.  I’ve seen many a buyer over the years decide to stick their heads in the sand and their ears in their fingers, tuning out all of the market ‘noise’ as though it doesn't apply to them.  Unfortunately, in a hot market, this usually results in them getting beat out for 5 or 10 different houses, then having the emotional kneejerk reaction of throwing every single dollar they have at the next house they fall in love with - whether it’s the right house or not, and whether they can truly afford it or not.

You don’t want to fall under the panic-inducing spell of the market, but neither do you want to ignore it. Rather, ask your local agent to help you pay attention to neighborhood-specific information, like:
  • which types of properties move quickly,
  • how many days they generally stay on the market,
  • whether multiple offers are a reality you need to face, and
  • how much over-asking homes like the one you want are selling for.
Then, use this information to make strategic decisions about your home buying process, covering everything from which properties and areas you’ll focus on, how quickly you’ll need to get out to see listings and - most importantly - what price range you should focus your search on.  If you know homes are selling for over-asking, engineer your search price range to be low enough that you can be successful, rather than exclusively looking at properties priced at the top of the range you can afford.

4.  Financial fogginess.  Don’t run the numbers in your head.  Don’t ballpark your income, the big bills and such on a notepad, stick your finger in the wind, and decide you can afford X number of thousands of dollars a month for a home. Home buying is the big leagues, financially speaking, so you need to be sparkling, crystal clear on precisely what you can afford. This universal truth of home buying is especially critical in a hot market, where you may be faced with the need to make decisions about whether to increase your price range or your offer price on relatively short notice.

Either keep an income/expense journal, use an online money app like Mint or Manilla or sit down and do a deep dive into your last few months’ checking and other account statements to get a complete picture of what you can afford and to get conscious about what sacrifices might want or need to make.

It is not overkill to bring your tax advisor or financial planner into this conversation, so they can help you understand how your tax situation as a home owner may change, freeing up some extra monthly budget room for your mortgage, property taxes, insurance and HOA Dues or Private Mortgage Insurance (PMI), if applicable. Also, make sure you include line items for your savings, retirement investing, gifts, school tuition, travel and recreation - the sorts of things that lenders will not account for when they tell you what their guidelines say you can afford.

5.  Overpaying.  There are several ways to overpay for a home.  You could pay more than the place is worth, which is difficult to do if you are buying the place with a mortgage loan which requires an appraisal. You could pay more than you need to in order to get the property, which sometimes happens to buyers in multiple offer situations, and buyers who have experienced the trauma of losing out on home after home, and who just decide to make a high offer to get closure and secure a place they like. Whether any price meets this second definition of ‘overpaying’ is difficult to ascertain, as it would require us to know what would have happened in the hypothetical world in which they didn’t offer such a high price and so, might not actually have been the successful buyer.

The antidote to both these forms of overpaying is simple: pulling the comparables before you decide what to offer.  It only takes a minute, your agent will help you, and it’s just not prudent, in 2012, to decide on an offer price without a fresh pull of the sales data on the similar, nearby homes that have recently sold.  If your agent includes active and pending sales in their pull of the comparable data set, you may also find out useful information like whether several other competitive properties have just hit the market, or that all of the competition is now pending - things that might also inform your motivation levels or price strategy.

And there is a third, more insidious form of overpaying that haunts hot market buyers as well: paying more than you can truly afford for a home. It’s fine, even expected, that if you thought you were buying into a depressed market and instead end up buying in a hot one, you might have experienced some upward ‘creep’ in what you’re willing to spend for a home. But that doesn’t excuse letting that creep go beyond what you can truly afford, overextending yourself.

This form of overspending is also more difficult to do now than it was before the housing market recession began, as lender guidelines a much tighter now than then. But it’s still possible - especially as lenders don’t account for what you should be putting aside for savings, for retirement, for your children’s education and other essential monthly budget items that impact what you can truly afford to pay for a home.

The only cure for this form of overspending is for you to both know (see #4, above) and to set in stone what your actual, top-line maximum home purchase price is - even if you are the only one who knows this number, in your own head. Your mortgage professional can help you work backwards from the amount of cash you have to invest in the transaction and the maximum amount you can devote to your housing costs on a monthly basis, to arrive at your maximum home purchase price.

Long story short - if you’ve been pondering the prospect of buying a home for long, you might feel like you’ve been sitting in the economy section of an emotional rollercoaster. Prices fell so fast you might have doubted whether buying makes sense at all. Now, with barely a plateau, they’re on the upswing - and every other buyer in town seems to be dropping offers on the choice homes before you can even get out to see them.  Use these tools to avoid repeating the mistakes of the last generation of homeowners.

via trulia

Sunday, August 19, 2012

5 Steps to a Successful Loan Modification

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A loan modification is often the last, best hope for millions of Americans in danger of losing their homes to foreclosure.

The way you prepare for and execute the application process will have a huge impact on how successful your request is likely to be.

Heed the advice of a trio of housing counselors who have spent countless hours laboring to make sure financially troubled homeowners get fair, sustainable loan workouts. The following five steps can put you on the fast track to keeping your house.

Work with a housing counselor
When homeowners can't make their payments and want some sort of home loan workout, "they really need to go to a counselor, because then they will be represented," says Michelle Lewis, president of Northwest Counseling Service in Philadelphia.

When a mortgage servicer denies a loan modification or other type of workout, or when the servicer's offer of relief is insufficient, a counselor can make a counteroffer.

A counteroffer should be viewed as a "challenge," says James Jones, director of foreclosure prevention advocacy for ESOP, or Empowering and Strengthening Ohio's People, in Cleveland.

"When we look at a person's specific situation, we have a good idea of what they qualify for," Jones says. "If it does not look like the servicer is giving them the best deal, we do challenge. That's part of our process.

"In other words, what we're looking to do is get the best workable solution to the homeowner's problem. Challenging servicers -- we do it all the time, almost daily."

Counseling agencies often have direct phone and fax numbers they can use to cut through mortgage servicers' red tape. A good way of finding a HUD-certified housing counseling agency is to call the HOPE hot line at (888) 995-4673.

Make sure the workout is sustainable
Mortgage modifications result in lower interest rates, extended payback periods and (sometimes) forgiven debt. A modification is one way to save a mortgage. There are other types of loan workouts:

Forbearance. This allows you to skip payments or make partial payments while you go through a temporary hardship.

Repayment plan. You pay extra every month until you catch up after falling behind.

A workout has to be sustainable over the long haul, says Sue Hunt, director of housing counseling for debt counseling giant CredAbility, in Atlanta.

"Our job is to work with the homeowner to make sure that they've presented true and accurate figures to the servicer, so that the servicer can give them the best option that's available to them," Hunt says.

Hunt adds, "If we can present the case to a servicer that the original plan is not sustainable, and there's another option available, servicers will tend to do that."

Have realistic expectations
Sometimes, borrowers have unrealistic expectations. That's a big mistake.

"We're looking for 'fair and reasonable' on both ends," Jones says. "We're looking for the servicer to be fair and reasonable, and we're looking for the homeowner to understand what their situation is, and expect something fair and reasonable."

In other words, counselors sometimes find themselves telling borrowers not to expect a generous handout.

Under the federal government's guidelines for the Home Affordable Modification Plan, a mortgage is presumed sustainable if the monthly payment is 31 percent of the monthly before-tax income.

Given his druthers, Jones would prefer that number to be 28 percent. But he says 31 percent is fair and reasonable.

Own up to your role in the mess
Housing counselors must summon diplomatic skills when talking with troubled borrowers. Counselors gently tell homeowners to cut back on spending. And counselors often have to prod borrowers to provide more accurate financial information to servicers.

Hunt says homeowners often report inaccurate income and budget figures to servicers and overestimate some expenses. That results in unsustainable workout offers.

"Maybe they hadn't taken some (budget) reductions that they could have, or they underestimated their income because they wanted to be on the conservative side," she says. "And while we always want homeowners to be truthful, we also want them to be realistic."

Lewis says that when a borrower inflates monthly expenses, it's important to go back into the budget, identify real expenses and slim them down.

"Usually it's a matter of coming back and crunching the numbers again, and really looking at that budget," Lewis says.

Then, the new income and budget figures are sent to the servicer, "and most of the time you are able to come back with something affordable," Lewis says.

Get financially literate
Housing counselors have empathy for clients. But there is an undercurrent of frustration, too.

"The key to this process is they need some kind of financial literacy training," Jones says. "Yes, we get a workout, but counseling should not stop there."

Borrowers need financial coaching, with frequent checkups, Jones says. ESOP surveys its mortgage-workout clients at three months, six months and one year afterward, "just to see if they're staying on track," Jones says.

"And you'll be surprised at what we call 'frequent fliers,'" Jones says. "We get them out of trouble and the next thing you know, here they come again."

Financial literacy, Jones says, is the key to "changing that frame of mind that says, 'I see it, I want it, and I can get it, so I'm going to get it.' That whole idea has to change."

via bankrate

Wednesday, August 15, 2012

Gilbert School Boundary Maps

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Gilbert Elementary School Boundary

Gilbert Junior High School Boundary

Gilbert High School Boundary




Tuesday, August 14, 2012

5 Dirt-Cheap Home Staging Ideas

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When it comes to selling your home, appearance is everything. But hiring a professional "stager" to prepare the home for prospective buyers can cost anywhere from $50 to $150 per hour, according to Jessica Page, a Realtor with Innovative Real Estate in Denver.

Fortunately, homeowners can take matters into their own hands.

Page, along with veteran Florida Realtor Jennifer Radice, of Coldwell Banker in Boca Raton, share expert tips for staging your home that cost next to nothing.

Pack away personal items
Packing away personal items is one of the simplest -- and cheapest -- things you can do to sell your house or condo quickly, according to Page and Radice.

"The reason you want to 'de-personalize' your home is because you want buyers to view it as their potential home," Page says.

Prospective buyers won't be able to picture themselves in the house if they're surrounded by dozens of photos of your children and grandparents.

"Pictures are extremely distracting. You cannot believe how long potential buyers will stop and stare at people they do not know in photos," says Radice, who also recommends removing any religious items from plain view.

"You want your home to show like a model," Radice says.

In addition to attracting the buyer, "you want the buyer's agent to enjoy showing the home. You never know whom they may have, if this particular buyer is not interested," says Radice, who is in the top 1 percent of Realtors nationwide.

The cost: $2 to $3 for a roll of packaging tape. You already have the scissors on hand and you can often score the boxes for free from a neighborhood store.

Clear away clutter
Ridding your home of clutter is another simple way to get buyers to focus on the bones of the house, not the titles in your CD collection.

"This is the hardest thing for most people to do because they are emotionally attached to everything in the house," Page says.

"After years of living in the same home, clutter collects in such a way that may not be evident to the homeowner. However, it does affect the way buyers see the home, even if you do not realize it. Clutter collects on shelves and countertops, and in drawers, closets, garages, attics and basements," she says.

Radice recommends removing items from countertops in the kitchen and bathrooms.

"If you have kids, get rid of the toys all around the house. For all you know, the buyers could be empty nesters," Radice says.

She suggests putting things in boxes and neatly stacking them in the corner of the garage. Anything extra should go in a small, rented storage unit.

Even better, ask a friend or relative to hang onto your items for free.

"Pack up 90 percent of your home," Radice says.

The cost: The price of a storage unit varies (around $45 a month for a 5-foot-by-5-foot unit).

Rearrange and neutralize rooms
Rearrange the rooms in your home to reel in prospective buyers. Make sure each room has a distinct, useful purpose.

Page suggests touring builders' models to see how the rooms are furnished.

"Builders are experts on preparing their product for prospective buyers," she says.

Radice says closets should be "neat and organized."

"The pair of shoes that you haven't worn in 10 years, get rid of," she says.

If your home has been painted recently, consider yourself ahead of the game. If not, take a paintbrush to the rooms that need it most. Sellers who paint the interior of their home will see a large return on the investment, Page says.

"Fresh, neutral paint on the walls, trim and doors is worth its weight in gold -- it makes everything appear clean and new," she says.

The cost: Anywhere from $12 to $50 per gallon for paint, plus another $10 to $50 for other painting supplies (primer, brushes, drop cloths, etc.) You can get back some of that money as a refund on your taxes for any items you donate to charity (such as those extra shoes in the closet).

Scrub and deodorize
No one wants to look at a dirty, smelly home -- especially not prospective buyers. So make sure your house or condo shines from top to bottom.

Page says cleaning and deodorizing a home before every showing "should be first and foremost."

The goal is to help buyers imagine themselves living in the home, Page says.

"When buyers see an unkempt home or smell something when they first walk in, they become turned off immediately," Page says. "They can rarely see past it to look at all of the great features in the home."

Radice suggests having the house professionally cleaned so that everything is spotless -- windows, sliding glass door tracks, garage, basement, ceiling fans, etc.

"This is worth the money spent," Radice says.

She also recommends baking cookies in the oven, bringing cinnamon sticks to a slow boil in a pot of water or using air freshener to mask smells before each showing. Ridding the home of litter boxes is also a must.

The cost: Varies by the location and size of the home cleaning service, but typically less than $100 to clean a four-bedroom, 2,500-square-foot home. Cookie dough runs about $3.

Enhance curb appeal
Whatever you do, do not overlook the home's exterior when selling.

"Curb appeal is just as important as cleaning the inside of the home -- it's the buyer's first impression of your home," Page says.

Radice agrees. "You only have one chance to make a first impression. There are so few buyers out there -- you want your home to stand out."

Mow the lawn, make sure the sidewalk and driveway are free of clutter and debris, and ensure the house number is easily visible.

It may also be beneficial to pressure-clean the exterior of your home, driveway and sidewalk, if needed.

Another valuable low-cost solution? Mulch.

"Mulch is cheap and covers a multitude of sins. It makes everything look trim and neat," Radice says.

The cost: Mulch costs around $3 per bag.The cost of renting a pressure washer varies, but you may be able to get one from a local hardware store for around $50 per day. It may cost double that to purchase a pressure washer. Professional cleaning with a pressure washer for a 2,500 square-foot-house may set you back about $250.

via bankrate

Saturday, August 11, 2012

Villages at Val Vista Gilbert Homes for Sale and Real Estate

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Villages at Val Vista Gilbert Homes for Sale and Real Estate

Villages at Val Vista Gilbert Homes for Sale and Real Estate
Welcome to Villages at Val Vista


Villages at Val Vista is located between East German Road, East Queen Creek Road ad South Val Vista Dr in Gilbert, and just one mile South of Loop 202. Villages at Val Vista is a community of new, incredibly energy-efficient homes (solar system options available), ranging 1,768 - 2,785 sq. ft is a new community (2011) developed by Meritage Homes. This community also offers an array of amenities that include: Playground, Trails and Volleyball. A new Val Vista Academy Charter School is located adjacent to the community.

Villages at Val Vista community is served by the Chandler Unified School District. Children in Villages at Val Vista attend Weinberg Elementary, Payne Junior High and Perry High School.

Prairie Zinnia 1,768 sq/ft
3 Beds, 2 Baths, 2 Car Garage
Purslane 1,914 sq/ft
3 Beds, 2 Bath, 2 Car Garage
Tamarisk 2,050 sq/ft
3 Beds, 2 Baths, 2 Car Garage
Eldorado 2,278 sq/ft
3 Beds, 2 Baths, 2 Car Garage
Barberry 2,288 sq/ft
4 Beds, 2.5 Baths, 2 Car Garage
Desert Star 2,409 sq/ft
4 Beds, 2.5 Baths, 2 Car Garage
Sierra 2,415 sq/ft, 
4 Beds, 3 Baths, 3 Car Garage
Arizona Sycamore 2,543 sq/ft
4 Beds, 2.5 Baths, 2 Car Garage
Gazania 2,785 sq/ft
5 Beds, 3 Baths, 2 Car Garage
Tahoe 2,900 sq/ft
4 Beds, 3.5 Baths, 3 Car Garage
Gallatin 3,222 st/ft
4 Beds, 3.5 Baths, 3 Car Garage
Coronado 3,687 sq/ft
4 Beds, 3.5 Baths, 3 Car Garage
Santa Fe 3,785 sq/ft
5 Beds, 4.5 Baths, 4 Car Garage

Remember New Nome Home Sales Associate represent builder., so if you would like an experienced Realtor to represent you should you decide to purchase I will need to go with you on your first visit to the development. (Read why it is important to work with a Realtor.)

A Realtor Fiduciary Responsibility

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Do you know Realtor has Fiduciary Responsibility to his/her client?

According to wikipedia, Fiduciary duty is a legal or ethical relationship of confidence or trust between two or more parties. A fiduciary duty is the highest standard of care at either equity or law. A fiduciary is expected to be extremely loyal to the person to whom he owes the duty (the "principal"): he must not put his personal interests before the duty, and must not profit from his position as a fiduciary, unless the principal consents.

In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance and trust in another whose aid, advice or protection is sought in some matter. In such a relation good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trusts.

As a Realtor, we have Fiduciary Responsibility to our client. The client is the home buyer or home seller that has contracted with the Realtor to represent them (signed Buyer Broker Agreement).

If you are not that Realtor's client, you are his customer. Realtor's owe a fiduciary duty to their clients, not their customers.

Example of client and customer:
Sales person at a new home development. While it may seem like they are representing you to buy the home from the builder, that is not the case at all. They are representing the builder. That sales person does not has fiduciary responsibility to you, that's why You Should Never Browse Model Homes Without a Realtor.

A Realtor Fiduciary Responsibility Spelled Out:
  • Care: Realtor is expected to be knowledgeable to represent the seller or buyer in matters related to the real estate transaction.
  • Obedience: Realtor must obey the instructions of the principal.
  • Accountability: Realtor must safeguard any money and documents that are entrusted in our possession during the transaction.
  • Loyalty: This means at all times the client's best interest must be first and foremost. The client's interests are ahead of the Realtor, and their broker's interests.
  • Disclosure: Realtor must disclose all materials facts and defects in any property that is being sold
As you can see a Realtor fiduciary duty to their client is quite extensive. I hope these clarify why you would want a Realtor to represent you in the purchase or sale of your home. If you are my client I have a fiduciary duty to represent your interests before any others, including my own.


Which Mortgage is Right for You?

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The mortgage world can be a confusing place. Every mortgage has variables that determine how much a borrower ends up paying, and technical jargon can make it tough to understand what you're getting into.

Most shoppers simply want a good deal on a loan. Making apples-to-apples comparisons can be difficult, but a little education can go a long way toward landing the right mortgage at a great price.

Bankrate offers many tools to help you find the best mortgage. You can search for top mortgage rates or use an online mortgage calculator to weigh options and compare costs. But before you begin, take a look at the different types of loans available today and who is most likely to benefit from using them.

30-year fixed-rate mortgage
What is it? This mortgage combines a stable fixed interest rate with a long loan term that helps create manageable payments for millions of American families. During the years leading up to the current mortgage crisis, many homebuyers strayed from this time-tested formula in search of exotic loans with lower interest costs. Today, many borrowers are returning to the 30-year fixed-rate fold.

Who is it good for? Borrowers who plan to remain in their homes for a long period of time and/or want the security of knowing their monthly payment will never change.

15-year fixed-rate mortgage
What is it? This mortgage typically offers lower interest rates than its 30-year fixed-rate counterpart because banks don't have to price in as much long-term inflation risk. Borrowers who purchase a 15-year fixed-rate mortgage must pay off the loan more quickly. But they also build equity faster than homeowners with 30-year mortgages.

Who is it good for? Buyers of less expensive homes who hope to avoid a big chunk of interest costs by paying back the mortgage faster. This loan also appeals to homeowners seeking to refinance their mortgages without extending the term back out to 30 years.

30-year jumbo mortgage
What is it? Jumbo mortgage loans are 30-year fixed-rate loans too big to be bought and repackaged by mortgage giants Freddie Mac and Fannie Mae for resale to investors. Banks that issue jumbo mortgages have to hold onto the debt themselves, thus incurring more risk (which is compounded further by the large amount of money at stake).

As a result, jumbo borrowers can expect not only a higher interest rate on their loans, but also more difficulty finding lenders.

Who is it good for? Buyers of large, expensive or midrange homes in areas of the country where housing is more costly.

1-year ARM
What is it? ARM stands for adjustable-rate mortgage. Unlike fixed-rate mortgages, these loans don't have a rate guaranteed to remain stable for the length of the term. Initially, rates on these loans often are significantly lower than rates on fixed-rate loans.

Over time, the interest rate on an ARM (and the resulting payments) adjusts periodically based on a mortgage index such as LIBOR or COFI. In a falling-rate environment, that's a good thing, as it results in lower payments. However, if rates increase, you'll be stuck with higher payments.

Who is it good for? Buyers who do not plan to stay in their homes very long and who are looking for lower borrowing costs. Also, borrowers with enough cushion in their income to cover higher payments should rates increase.

5/1 ARM
What is it? The 5/1 ARM is an adjustable-rate mortgage that has a fixed rate for five years. After that time period, the rate adjusts periodically. Like the 1-year ARM, borrowing costs are tied to a mortgage index such as LIBOR or COFI. Buyers benefit from lower borrowing costs when interest rates fall, but feel the pain of higher payments when rates rise.

Who is it good for? Buyers who intend to sell within five years and are looking to cut down on their mortgage costs. Also, borrowers with enough cushion in their income to cover higher payments should rates increase.

Mortgage indices
What is it? Mortgage indices such as LIBOR (London Interbank Offered Rate) and COFI (11th District Cost of Funds) represent the constantly fluctuating rates lenders pay to borrow money as economic conditions change. Adjustable-rate mortgages are tied to these indices -- mortgage contracts usually set an adjustable rate at LIBOR or COFI, plus a certain number of percentage points called a margin.

Borrowers with ARMs -- especially those whose loans are approaching their reset date -- should keep an eye on these indices to help plan for fluctuations in mortgage payments.

Other types of mortgages
What is it? Over the years, mortgage lenders have devised a variety of home loan products designed to appeal to homebuyers. The interest-only mortgage allows a buyer to purchase a home and pay only the interest, leaving the principal untouched for a fixed period of time.

Balloon mortgages offer lower rates over a period of time before the loan balance comes due. Assumable mortgages can be transferred from a homeowner to a buyer, alleviating the need for a new mortgage to clinch a sale.

Private mortgage insurance
What is it? Private mortgage insurance, or PMI, protects a lender against suffering a loss in the event a buyer defaults on a loan. PMI covers any shortfall between the price the home fetches when resold by the lender and the amount the homeowner owes.

Lenders typically require PMI for loans with an outstanding balance that is 80 percent or more of the home's current market value. Keep in mind that although borrowers pay PMI, the insurance does nothing to protect them; it's strictly for the lender's protection.

Once homeowners reach 20 percent equity, they have the right (under the Homeowner's Protection Act of 1998) to request cancellation of PMI.

via bankrate

Friday, August 10, 2012

5 Cheap Ways to Increase Home Value

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Selling your home this summer? Cheap tweaks can pay off big time. “And even when these don’t equate to big dollars, they may help sell your property faster,” says Adam Hade, an associate broker with Houlihan Lawrence in southeastern New York state.

But choosing which improvements to make is where many homeowners go wrong, according to Hade. “They over-improve or improve in ways that don’t really matter to the buyers in their particular area,” he says.

Exactly the reason you should consult with a qualified realtor in your neighborhood before investing in any improvement projects. They can tell you if buyers are looking for nurseries or extra bedrooms and can actually save you money by preventing well-intended but unnecessary upgrades.

One such superfluous improvement is splurging on high-end kitchen appliances. “While a buyer may appreciate chef-quality ranges or top-of-the-line fixtures, a well-kept lower-price brand will rarely break a deal,” says Hade. “On the other hand, worn carpet, dirty grout and clutter will give the impression that the house is not well-maintained and lacks sufficient storage,” he adds. Details like these make it difficult–and even impossible–for many prospective buyers to envision themselves living there.

A home’s layout is another adjustable feature sellers should take advantage of. Dina Landi of Rebecca Riskin & Associates in Montecito, Calif., suggests reconfiguring your home’s layout to meet market demands. Substituting one room’s use for another is a cheap way to transform a three-bedroom home with a den to a four-bedroom home. Or a home that has a dining room with doors can be reconfigured for use as a main floor master bedroom.

The best way to improve home values on the cheap is to do what needs doing–and nothing more. Here are five smart and simple ways:

Don't Add a Room, Invent One
Main floor master bedrooms, nurseries, and crafting rooms are desirable, but many homes don’t have them. If you have a den, attic, or bonus room, decorate it to look like one of these. Your realtor can tell you what clients in the area are looking for.

Create Multiple Seating Areas
An empty stone terrace becomes an instant second dining room with the addition of patio furniture. Add to that, the furniture emphasizes the size of the space and creates a destination. Hade, the realtor with Houlihan Lawrence, recommends creating spaces like this inside and out.

Fix Right for Your Home Type
Every home has a personality and a function. Buyers seeking a little lakeside cabin aren’t looking for granite countertops. So, don’t add them. Young families aren’t looking for an elaborate master bath. So focus on the yard. The cozy look of a wood interior is what buyers want from a log cabin. So, don’t paint or drywall. Stain the deck, instead.

Get Creative with Cabinetry
This house in Katonah, N.Y., features a gorgeous kitchen renovation. “By painting the cabinets instead of purchasing new ones, the owner was able to create a wonderful space without investing in new cabinetry,” said Hade, who is listing the house. Changing the hardware is another way to update cabinetry without buying new.

Group Potted Plants
Set at a front entry, three large terra-cotta pots filled with colorful blooms create instant curb appeal. So, why landscape? Lining the perimeter of a deck or terrace with potted annuals enhances those spaces as well. Selling in winter? Fill the pots with seasonal foliage, such as holly branches or pine boughs.

via yahoo homes

Thursday, August 9, 2012

Gilbert July 2012 Market Statistics

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Median Sold Price in Gilbert (by zipcode) from July 2011 - July 2012
Median Sold Price in Gilbert by zipcode June 2012
*Active Listing
**Price/SQFT
Gilbert
807
$101
85233
121
$99
85234
142
$102
85295
119
$96
85296
136
$97
85297
134
$102
85298
153
$110
* Active Listing as 8/1/12
** Price/SQFT as 8/9/12
source armls. Information is deemed to be reliable, but is not guaranteed

View Homes for Sale in Gilbert
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View Homes for Sale in 85234
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View Homes for Sale in 85296
View Homes for Sale in 85297
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View Bank Owned Listing in Gilbert

Chandler July 2012 Market Statistics

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Median Sold Price in Chandler (by zipcode) from July 2011 - July 2012
Median Sold Price in Chandler by zipcode July 2011 - July 2012
* Active Listing
** Price/SQFT
Chandler
724
$102
85224
125
$96
85225
132
$85
85226
87
$113
85248
60
$114
85249
201
$105
85286
119
$110
* Active Listing as 8/1/12
** Price/SQFT as 8/9/12
source armls. Information is deemed to be reliable, but is not guaranteed
View Homes for Sale in Chandler

Ahwatukee July 2012 Market Statistics

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Median Sold Price in Ahwatukee (by zipcode) July 2011 - July 2012
Ahwatukee July 2012 Market Statistics by Swee Phoenix Homes Group
*Active Listing
Ahwatukee
304
85044
119
85045
41
85048
144
As 8/1/12. source armls. Information is deemed to be reliable, but is not guaranteed.

View Homes For Sale in Ahwatukee
View Homes For Sale in 85044
View Homes For Sale in 85045
View Homes For Sale in 85048
View Bank Owned Properties Listing in Ahwatukee

Felty Farms Gilbert 85298 Real Estate & Homes for Sale

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Felty Farms Gilbert 85298 Real Estate & Homes for Sale

Felty Farms is a cozy, family-oriented community consisting of 184 lots build by Meritage Homes and are located on the northeast corner of Lindsay and Ocotillo Roads in Gilbert 85298.

Felty Farms Gilbert 85298 Real Estate & Homes for Sale
Felty Farms, Gilbert


Felty Farms is served by the Chandler Unified School District. Children in our community Kindergarten through sixth grade attend Weinberg Elementary while those in seventh and eighth attend Payne Junior High. high school students attend Perry High School.

School near Felty Farms:
Click here to View Homes for Sale in Felty Farms

Click here to View Homes for Sale in 85298
Click here to View Homes for Sale in Gilbert

Visit www.SweeEastValleyHomes.com for your Real Estate needs.

Ready to Sell?
  • Call 480.721.6253 or Contact Us to schedule a FREE & NO OBLIGATION Seller Consultation
  • Click here to Request a FREE custom evaluation for your Felty Farms Gilbert House Value at today's market, including comparisons to other homes that have recently sold or are on the market
  • Click here and Enter your zipcode and find out Market Data for FREE
  • Not Thinking of Selling Right Now? – Text Update to 480.788.6408 and Your Zip Code and I will send you the following update on the 1st of every month. NO SPAM – JUST ONE INFORMATIVE TXT PER MONTH
Ready to Buy?
  • Call 480.721.6253 or Contact Us to schedule a FREE & NO OBLIGATION Buyer Consultation
  • TXT AZ246 to 32323 to Download My Mobile App and Browse Homes on your smartphone

How To Lower Your Home Insurance Rate

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Home insurance checkup could lower costs, improve coverage
The national average premium for homeowners insurance will increase by 5% in 2012, according to forecasts by the Insurance Information Institute. That follows an increase of nearly 4% in 2011, and it will bring the average annual premium to an all-time high of $1,000.

At the same time, home insurers are adding exclusions and requiring higher premiums to cover certain risks, such as mold and water damage.

Meanwhile, the housing bust and recession have pushed the median home price down 35% since the market’s peak. But the cost to rebuild a home after a total loss has increased by 40% since 2004 — 7% in 2011 alone — thanks to rising building-material and fuel prices.

So you could find yourself paying more for less coverage. Worse, you may not have enough insurance to cover the full cost of rebuilding your home and replacing its contents in the event of a fire, a tornado or some other major disaster.

Use your annual renewal notice or any improvements to your home as cues to touch base with your agent or insurer. Recheck how much insurance you really need and comparison-shop, taking advantage of opportunities to save. You can use the same tactics if you’re buying a new policy.

Check your limits
“In the aftermath of a total loss, every homeowner says, ‘My insurer told me I was fully insured,’ ” says Amy Bach, executive director of United Policyholders, a consumer advocacy group. “I’ve heard it a thousand times from people who have found themselves short—sometimes by hundreds of thousands of dollars.” She urges homeowners not to blindly trust that their home insurer has all the bases covered.

The first step in getting adequate coverage is to establish your policy’s dwelling limit. Your target number is the full-replacement cost of your home and its possessions. The dwelling limit bears no relation to your property’s market value (if you were to sell it), its appraised value (for mortgage financing) or its assessed tax value. And don’t mistake the cost of new construction for the cost to rebuild, which is more expensive because of factors such as debris removal and higher demand for materials and labor after a catastrophe. Bach says it generally costs $200 to $250 per square foot to rebuild the average home today. But if you live in a unique or historic home, in a high-end community, or in a hard-to-reach location, the cost could run $400 per square foot.

You can get a pretty good idea of what it would cost to rebuild your home by using an online calculator, available at sites such as HMFacts.com ($7) and AccuCoverage.com ($8). Both will ask you about the structural components, features and amenities of your home and, using databases of local labor and material costs, estimate your total cost to rebuild.

Your insurer or agent will probably help you determine the dwelling limit, using much the same script as the online tools do. Although you can answer many questions about your home over the phone, nothing substitutes for an on-site visit. Site visits are a routine practice for many independent agents, who represent more than one insurer, and for representatives of high-end insurers, such as Chubb and Fireman’s Fund.

The dwelling limit also determines your policy’s other coverages—typically 10% of the dwelling limit for other structures on your property, 50% for contents and 20% for loss of use of your home (additional living expenses when you can’t live in your home).

Take stock of your stuff
The amount of coverage built into your policy for the possessions in your home (as a percentage of the dwelling limit) may be inadequate to replace them. And although your policy may cover expensive items, such as jewelry and furs, it may limit the payout to $1,000 to $2,000. (Other items that may be capped include silverware, computer equipment, art, antiques, stamps, coins and guns.)

Create a home inventory to ensure that you have the right amount and type of coverage. In addition, an inventory will make filing a claim smoother, establish verifiable value for your things after a disaster, and make it easier to prove your losses for tax purposes. The Insurance Information Institute’s home-inventory iPhone app and the app from the National Association of Insurance Commissioners make saving that information a snap. Be sure to include serial numbers, photos or a video, and receipts or appraisals.

Once you know what you have and how much it will cost to replace, you can add coverage with a scheduled personal property endorsement (or personal article floater), which typically costs about $20 per $1,000 of property value annually (although it varies by item and location).

Update your inventory periodi­cally to cover new purchases and gifts, and get updated appraisals of your valuables so that you can adjust your coverage. For example, gold jewelry inherited from Mom could be worth almost three times what it was worth five years ago.

Cover the gaps
It’s a good idea to purchase guaranteed replacement coverage, meaning the insurer will pay whatever it costs to rebuild your home with materials of like kind and quality, without deducting for wear and tear. Avoid actual cash value coverage, which pays the depreciated value of your home’s components and could leave you short of the funds necessary to fully repair or rebuild your home.

Most insurers build a fudge factor of 25% to 50% into the dwelling limit. Lacking that, you need to buy extended replacement coverage, a bargain at about $25 to $30 annually for an extra $200,000 of coverage, says Bach.

You might be tempted to save money by reducing your dwelling limit and picking up the balance with extended coverage. Two caveats here: First, you’ll reduce coverage of your contents as a percentage of the dwelling limit. Second, in the event of a total loss, your policy’s current dwelling limit must equal at least 80% of the cost to rebuild or you won’t get the benefit of any extended coverage to make up the difference.

Also, look for protection against a higher cost to rebuild due to inflation (inflation-guard endorsement) or upgraded building codes (ordinance or law endorsement).

A number of insurers have switched from the broader and more desirable all-risks coverage (covering everything except those things expressly excluded) to the more narrowly defined named-perils policy, which should cost less but may not. Request an all-risks policy, and if an insurer doesn’t offer it, look elsewhere. Review your policy’s exclusions for risks such as wind, water, earthquakes, sinkholes and flooding, and buy supplemental coverage. Flood insurance is never included in standard homeowners policies. You’ll need to get coverage from the National Flood Insurance Program (get quotes and information about flood risks for your property at www.floodsmart.gov).

Sewage backup is often excluded from homeowners insurance policies unless you get a special rider, which can often add $10,000 to $20,000 in coverage for about $50 per year. In fact, that’s one of the most common insurance gaps people discover during storm season and one of the easiest to fill. Last August, as Hurricane Irene moved up the East Coast, Steve Weisbart, chief economist for the Insurance Information Institute, was glad that he, unlike many of his neighbors, had coverage in case his sewers and drains backed up. As local sump pumps emptied water from basements into the overwhelmed sewer system, the sewage backed up into homes through toilets and drains. Weisbart collected on a $10,000 claim.

Your homeowners insurance also covers personal liability and medical payments to others. The typical policy provides $300,000 of liability coverage, which will protect you if someone is injured on your property. You can increase your coverage to $500,000 for about $25 more a year. Consider increasing your liability coverage to $1 million with an umbrella policy.

Get the best deal
When they decide whether to cover you, insurers consider factors such as the age, materials, condition and replacement cost of your home, the risk associated with your location, your claims history (the type and number of claims that you’ve filed or that your home has experienced), and your credit score.

Comparison shopping is easier if you work with an independent agent who represents many insurers (to find one, visit Independent Insurance Agents and Brokers of America). You’ll pay a commission (typically 10% to 15% of the annual premium), but it may be worth it for the guidance, and the agent should explain why one insurer or policy will better meet your needs than another. You can also get quotes from a direct-market company, such as Geico or USAA. And it’s worth checking out State Farm and Allstate, which sell through their own agents.

For specific advice about homeowners insurance in your state, visit the Web site of your state’s department of insurance, which may provide worksheets for comparison shopping. Before you buy a policy, check prospective insurers’ ratings for financial strength (at www.ambest.com) and complaint records. Also, keep a record of your communications, as well as the insurer’s assurances of coverage should there be any question of your coverage after a disaster.

via yahoo realestate

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