Problems With Contract Homes in Phoenix

Want to sell your home? Get a FREE home value report. 

Want to buy a home? Search all homes for sale.

What happens when you discover problems with your new home under contract? First, we’ll demand the disclosure statement from the seller as soon as possible. This will help an inspector find any major problems, so they know what to pay attention to during the inspection period.

As someone working for your best interests, I also will read the disclosure statement and demand anything you need. I won’t let the seller off the hook.

Think of your inspector as the family doctor for your new property. An inspector may advise bringing in other specialists, such as plumbers, electricians, etc. We work with them closely. In Phoenix, we have ten days to complete an inspection and we make sure to use the time wisely.

If you’re thinking of buying or selling a home in Phoenix, give us a call or send us an email today! We’ll set up a free consultation at your earliest convenience.

3 Mistakes to Avoid With Construction Purchases in Phoenix

Want to sell your home? Get a FREE home value report. 

Want to buy a home? Search all homes for sale.

We pride ourselves on new construction properties. I’m an expert on this type of real estate, too. When people purchase new construction property, I see a handful of common mistakes that we can help you avoid.

Buyers don’t bring their real estate agent to the new home sites. You need someone to represent your best interests, as if you brought an attorney with you to court. You need someone that’s worked with builders before. Plus, builders compensate agents, so you don’t have to pay anything.

Buyers don’t conduct research. Not every builder is the same. I see mistakes done in construction properties that buyers might not be aware of, such as missing windows and closets. This can be avoided easily if you have a professional with you. You want to make sure you’re getting the best quality before investing in a home.

People don’t read the fine print. The fine print is important, because you need to know the contract meets your needs. Builders should have your best interest in mind. Did you know they can have up to two years to build your home? Avoid any delays by hiring a Realtor.

Those are only a few things to look out for when purchasing a new construction property. If you have any questions about buying or selling a home, I’m happy to answer any questions you have! Contact me for a free consultation today.

Is Phoenix a Buyer’s or Seller’s Market?

Want to sell your home? Get a FREE home value report. 

Want to buy a home? Search all homes for sale.

Today we’re going to discuss the real estate market here in Phoenix. One question we get a lot is: “Are we in a buyer’s market or a seller’s market?”

Well, it depends on where you’re located. To be truthful, it’s a little bit of both. However, in most areas we are in a bit of a seller’s market because our inventory is so low. However, homes that are overpriced are just sitting on the market and not selling. The housing inventory in Phoenix has started to decline, but we are anticipating we will get some more selection in the near future as more sellers enter the market.

One more important thing to note is that interest rates recently went up. The Fed decided to slightly increase rates this December, which is something that we’ve been expecting for a while. This slight increase shouldn’t stop you from buying a home because interest rates are still extremely low compared to historical averages. 

So, what does all this mean for buyers and sellers? It’s time to get off the fence! If you’re selling, you need to price your home correctly in the market if you want to sell quickly. For buyers, now is the time to make your move because interest rates are only going to go up more in the future. 

If you have any questions, or are thinking about buying or selling in Phoenix, give us a call or send us an email. We look forward to hearing from you!