Arizona Real Estate | Arizona Home Source Realty

Buyers Your Home's Value

Buying your new home is a serious venture. It can be an absolute pleasure or a massive headache. Your house is not just your home, it is a serious investment in the dwelling, the area and your future.

When buying a home - you're bound to have many questions. For example,

"In what area can I find a home that suits my needs?",

"How much money will I need to afford the monthly payments?"

"How long will the home buying process take?"

Here are some articles that you might find useful in the home buying process.

Thinking About Buying or Selling?

Advise for 1st Time Buyers

Pre Qualification: Meet with a mortgage broker and find out how much you can afford to pay for a home.
Pre-Approval: While knowing how much you can afford is the first step you'll also avoid being disappointed when going after homes that are out of your price range. With Pre-Approval, the buyer actually applies for a mortgage and receives a commitment in writing from a lender. READ MORE

Negotiating With Sellers

Buying a home is one of the most important purchases most people will make. In order to make the right decision the first time, potential buyers need to be prepared. Consider the following before starting negotiations.
Research the housing market in the target area. Once you have information about the general area, focus on the particular property and seller. READ MORE

Types of Mortgages

Fortunately for buyers, there are a variety of mortgages to choose from. It is in your best interest to investigate each of them to determine which is the best for your situation. You probably won't qualify for all of them. In fact, you may only qualify for one. But if you do qualify for more than one, you may save yourself money in the long run if you do your homework before signing on the dotted line. READ MORE

Best Mortgage Rates

Naturally, you want to get the best deal for the least amount of money. This holds true for mortgage rates as well. A lower interest rate means a lower monthly mortgage payment, which can save you money in the long run. Also, it is easier to qualify for a lower payment than a higher one. READ MORE

Opening Escrow

Congratulations, you are on your way to owning your very own home! Follow these suggestions (and your realtor's advice) so that escrow and settlement go as smooth as possible. You will be asked for a down payment on the home you are purchasing.
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