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Tim and Kym Team

www.ArizonaEHomes.com
2 Story 4 bed with Sparkling POOL Deer Valley Schools!

26236 N 65th Dr.
Elegant and Lovely!

• 2,322 sq. ft., 3 bath, 4 bdrm 2 story - MLS® $249,900 - REDUCED!

 -  This lovely and elegant home is awaiting you! A fantastic floor plan with soaring vaulted ceilings and formal living/dining room. The heart of any home is the kitchen, and this one lives large with a center island open to the family room, loads of cabinets, and plenty of counter space makes for enjoyable cooking and entertaining. Downstairs master suite with a spacious walkin closet and master bath, dual vanities, separate tub and shower. Upstairs you will find 3 more bedrooms, two with walk in closets and a jack and jill bathroom off one of the bedrooms. An office niche completes the loft area, perfect for a home office or homework station. 3 car garage and plenty of storage throughout the home. A refreshing pebbletec salt water pool is the highlight of the backyard complete with a soothing waterfall. Fully fenced, a grassy area next to the pool for playing, and plenty of decking for entertaining poolside. Great schools, great location, and spectacular mountain views top off the list....you must see this one!

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Single Story For Sale in Rancho Encanto

Pool 16844 N 31st Ave

• 1,696 sq. ft., 2 bath, 3 bdrm single story - MLS® $164,900

 -  DON'T SKIP THIS ONE - Beautiful BLOCK Home w/PEBBLETEC POOL at GREAT LOCATION, tile & wood flooring throughout, no carpet, OPEN & BRIGHT floorplan, UPGRADED vinyl low-e windows & doors throughout, separate family & living rooms, breakfast bar & fireplace in family rm, Master suite is very large and has a separate exit to rear patio and the pool. 3rd bedroom has double doors and could be a den/office. Desert front, backyard boasts covered patio, sparkling pebbletec pool with in ground cleaning system, flower garden, mature citrus, and extra storage, PRIDE OF OWNERSHIP shows here, not a Bank Owned or Short Sale, this is a REAL LIVE HOME, close to FRWY access, shopping, dining, etc. - Owner has updated fixutres, cabinets, all flooring, windows replaced, lighting and more. All appliances are included. Shopping, huge play park, schools, park and ride, all located in walking distance!

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LOCATION! North Central Phoenix, easy commute! Quality Block home with UPDATES, POOL, NEW PRICE!

Rancho Encanto, Phoenix  -  Announcing a price reduction on 16844 N 31st Ave, a 1,696 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $174,900 - . Fantasitc block home--NO SHORT SALE OR BANK OWNED HERE! Just pride of ownership and well maintained makes for a pleasant buyer experiance. New low-e windows throughout, hardware, facuets, upgraded. Neutral tile throughout. Pergo flooring in all bedrooms. NO CARPET! Large pebbletec play pool with in ground cleaning. Oversized patio for outdoor living poolside! Walk to large park, schools, shopping and park'n'ride for downtown commuting. Must see this one!

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Central Location, Quality BLOCK home, MOVE IN READY, MUST GO!

Diving Pool
Many recent updates!

• 1,605 sq. ft., 2 bath, 3 bdrm single story - MLS® $139,900 - Move in ready!

 -  FIND OUT HOW TO MOVE IN THIS HOME FOR $1500 DOWN and under $1000 PER MONTH!

Quality block home in great neighborhood, blocks from shopping, dining and freeway. This home has many practical updates built in and at a great price! No banks, no short sales! Quick response. Your buyer will love the layout, the kitchen updates, the wonderful backyard that is ready for entertaining, complete with extra patio decking and diving pool. A cul de sac lot with a quiet street and plenty of parking including RV gate. Both bathrooms have been updated, easy care laminate flooring through all living and walk areas. Carpet in bedrooms. Newer cabinets and appliances in kitchen. Extra large laundry and garage make way for loads of storage space.

Located in the Metrocenter area, this home is close to everything and will save on commute time and expense! Shopping,dining and family parks all close. This is top of your list!

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VIEWS TO DIE FOR, Upscale Golf Villa at Arrowhead, FANTASTIC PRICE!

Fairways at Arrowhead, Glendale  -  Announcing a price reduction on 2087-7401 W Arrowhead Clubhouse Dr., a 1,253 sq. ft., 2 bath, 2 bdrm single story "upstairs unit". Now MLS® $199,900 - Fantastic Price!.

Fantastic Price and loaded with amenities. If you have been waiting for the perfect END UNIT, with a VIEW, look no further than this beauty built in 2002. Featuring a fantastic over sized balcony with views from every direction, you fill find a view from every window inside as well! Upgraded kitchen cabinets and counter tops, stainless appliances, crown moldings, 9 ft ceilings, RESORT HEATED POOL and SPA, lushly landscaped grounds and the country club in walking distance. Membership DISCOUNTS are available for residents-inquire with agent. Located in close proximity to Arrowhead Mall and within the heart of the Arrowhead Ranch Community. Voted #1 in the Phoenix/Scottsdale metro area. If you are a baseball fan, the Peoria sports complex is located minutes away for lovely March afternoon spring training games with the Padres and the Mariners. World class dining and shopping galore all within minutes. Hop on the 101 with nearby freeway access to get to the Glendale Stadiums, or head east to Scottsdale. Located an easy 35 minutes from Sky Harbor, this complex is perfect for a winter getaway, vacation home, or the traveling professional.

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New Listing! Historic Charmer 1903 W Granada in Villa Verde Historic District

Villa Verde Historic District, Phoenix  -  Announcing a new listing on 1903 W Granada, a 1,035 sq. ft., 1 bath, 3 bdrm single story. Now MLS® $144,900 - . If you have dreamed of owning a quaint bungalow in a historic neighborhood, now is your chance to get the best of both worlds....beautiful brick 1928 bungalow with an impressive stone fireplace, and yet fully remodeled for modern day comforts. Including all new A/C and duct work, new kitchen and bath. All updates in 2004/05. Live downtown, walk to Encanto Park, or to the Fairgrounds for various activities. Reduce your comute time to nothing and enjoy the nostalgia that only a historic neighbhorhood can provide. Special grants apply to your purchase of a historic home, contact us for details or for a brochure on the Villa Verde District.  

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5033 W Topeka in Arrowhead Ranch is SOLD- top dollar!

Sold

Dave Brown Utopia, Glendale  -  If you have a home in the Arrowhead area that you need to sell, contact The Tim and Kym Team today...here is a great home that sold for 97.5% of the asking price, commanding the highest dollar per square foot for it's size in only 19 days! Find out how to put our successful marketing system to work for you and get ready to move forward! We currently have buyers looking for homes in Arrowhead Ranch, especially golf or water view lots. Contact us for a no obligation home evaluation today.

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10 Tips for Buying a Second Home

Top 10 Tips to Know About Buying a Second Home

 

 

NAR stats indicate that 1 in  every 3 homes purchased in 2007 was a vacation home, or investment property slated for a retirement home in the next 3-7 years.  This indicates that demand for second homes remains healthy despite an overall slow housing market. With prices in the resort market of Phoenix/Scottsdale being at 2003/04 levels, combined with recent favorable interest rates, now may be the best time to make that second home purchase.  No matter your dream: waterfront lot, sparkling resort pools, 200 choice golf courses, or purely for profit- take advantage of these 10 tips when planning your investment.

 

1)Resist Impulse Buying-  Many resort communities in and around the Phoenix/Scottsdale resort market are traveling to great distances putting on enticing community seminars, or engaging you to try a vacation in their community, thus pressure to purchase there. Do your research thoroughly and take into consideration activities and events you will be participating in when you use the property. Location and distances to and from events can be key to where you buy.  Buying on a whim can equate to more than you can comfortably afford, or one that doesn’t fit your needs.

 

2) Evaluate needs and long term goals -

Be realistic about what type of second home suits your lifestyle. If you're looking for a weekend getaway, staying within a day's drive of your primary home could be a good move. If you'd like your second home to someday serve as a retirement spot, assess the home's accessibility and check out health care services in the area.

 

3)Get to know the area before buying-  Conduct research not as a tourist looking for the top destination spot in the town or city, but like a permanent resident. Things to consider: local and state taxes, schools, roads and community improvements, local job market, sporting facilities, arts and entertainment.  Within the Phoenix/Scottsdale area there are so many recreational reasons to buy in various areas; there is certainly something for everyone.

 

4) Hire your local Real Estate Agent – Make the best financial decisions with a full time local realtor that specializes in resort properties. Not all homes are alike, and a critical step is entrusting a good realtor with your goals. They can help you plan out your transition, help you get to know a market, and often prepare you for some unseen steps along the way. Look for individuals with the RSPS designation. That stands for Resort and Second Home Property Specialists.  The Tim and Kym Team specialize in Resort and Second Home properties in the Phoenix/Scottsdale area. Visit their website and customize your home needs list into an exclusive web portal with only properties that fits your needs delivered to your inbox daily. http://www.arizonaehomes.com/Second_Homes_in_Phoenix_Scottsdale_Arizona/page_1951574.html

 

5)Decide what type of residence is right for you-  This is a key decision in your lifestyle and realistic expectations need to be addressed. Many people think of a second home and immediately think of a condo for an easy lock and go lifestyle. Make sure you think about the time you want to spend on maintenance and repair, the type of privacy you are looking for, and other amenities that are important to you.  Assess your style needs-will you find an apartment style condo unit or townhome suitable to your lifestyle needs- or do you prefer the privacy and space that a single family home offers? Many communities now offer easy care and maintenance for these types of dwellings when you are away.

 

 

6)Financing- Make sure that you sufficiently plan for how you will afford and pay for a second residence, will the purchase be financed? There are significant differences in qualifying, rates, and initial investment between a primary residence and a second home. Make sure you speak with your banker or a reputable lender to discuss options and affordability.

 

7) Additional Expenses- Don’t overlook other expenses such as insurance, taxes, and maintenance fees. HOA or home owner’s association fees can vary widely depending on the community and amenities offered. Fortunately, most homes in the Phoenix/Scottsdale area are not at a high risk and insurance is quite affordable. A good rule of thumb for calculating taxes is approx. 1% of the purchase price annually. 2% of the purchase price should be factored in as repair and maintenance costs annually.

 

8)Consider Fractional Ownership  In many circumstances, individuals are purchasing a 2nd home that they intend to use more regularly in about 3-7 years. In the interim, you may find yourself shelling out a lot of money compared to the amount of time you are there. Often, a good way to overcome this obstacle is to purchase with family or friends, pool resources, and use of the property.

 

9) Look into Tax Benefits- How you use your second home will determine the tax advantages you may have. If you rent your home less than 15 days a year, you do not have to report the rental income, but cannot deduct any rental expenses. If you rent your home more than 15 days a year, you have to report the income, but also can deduct the expenses. Check with your tax advisor for further details on tax benefits with a second home.

 

10)Vacation Rentals- If you need extra income to support your investment, renting out your home could be a good strategy. Being a landlord often comes with more responsibility than most people realize, make sure you become familiar with landlord/tenant laws in your state and the Fair Housing Act before you begin.

 

How would you like a Resort Property Specialist that will help you take into account the above information and put it to best use for you?  How about someone you can trust with specific knowledge of the property you are looking for?  How about someone who is going to negotiate to obtain the best price and features for your needs? In the Phoenix/Scottsdale metro area, that specialist is a clear choice. The Tim and Kym Team have helped hundreds of vacation and second home owners find their perfect paradise. Simply visit their website and fill out the Vacation Home Inquiry form to get started on the right path to your dream of resort living. http://www.arizonaehomes.com/Second_Homes_in_Phoenix_Scottsdale_Arizona/page_1951574.html

9421 W Mary Ann Dr. in Dove Valley Ranch is Sold!

Sold

Dove Valley Ranch, Peoria  -  Contact The Tim and Kym Team to find out how to get your Dove Valley Ranch home sold quickly. This home sold within 12 days of hitting the MLS and for 97% of the asking price!  The Tim and Kym Team will help you discover how to do the same with yours!

Current market time for homes in Dove Valley Ranch, Peoria Arizona are approximately 120 days. You will need to ensure your home has maximum marketing exposure to qualified buyers in Peoria. Right now there are 100's of buyer's currently looking to purchase in the Peoria area, this neighborhood boasts the highly excelling elementary school Coyote Hills, several community parks, and reasonable HOA dues. Conveniently located near Lake Pleasant Parkway and only a few miles from the 101, this area makes for a great family community. Homes range from the mid 100's to the high 300's and were built from 1998-2002. Shea Homes, Standard Pacific, Dietz Crane, and Pinnacle all built tracs in the neighborhood. Peoria's latest high school:Liberty High is directly behind the community and the 12 million dollar new public library is within walking distance of many of the home sites. Many offer green belt or mountain views from the backyards and a good selection of floor plans will offer something for everyone. Be sure to find all homes for sale in Peoria, no matter your budget or tastes on our website: http://www.arizonaehomes.com/Peoria/page_2108478.html

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2nd Homes in Arizona: Featuring Sun City Festival

It's not the Sun City of yesterday....if you haven't thought this could be a possiblity for your active lifestyle-think again. Del Webb's latest offering in active adult communties has recently swept the National Association of Home Builder's Awards in the Best of +50 category. The awards showcase the latest trends in active adult communities and honor excellence and innovation in design, development, and marketing. Sun City Festival won in 4 categories including:

 1) Gold- Best Clubhouse
 2) Gold- Best Interior Design Clubhouse
 3) Gold- Best TV advertising spot
 4) Silver- Best Master Planned Community

NAHB awarded Sun City Festival during the Best of 50+ Housing Awards gala that was held in conjunction with NAHB's 2008 Building for Boomers & Beyond: 50+ Housing Symposium in New Orleans.

"It's quite an honor for Sun City Festival to win in these categories amongst so many other great communities across the nation," said Chris Kelly, vice president of operations for Pulte Homes. "These awards are highly regarded in the industry and we are proud for our residents and for the hard work and innovation of so many people who helped develop this spectacular community."

The community is nestled in the White Tank Foothills in the town of Buckeye. A short jaunt on a 4 lane road provides carefree communiting into and out of the development from the city of Surprise to the east or from 1-10 to the south. Upon completetion the project will house 7,500 home sites, 2 golf courses, and 3 recreation centers that will each offer state of the art fitness facilties in partnership with Sun Health, ASU Lifelong Learning Academy, Skyline Plaza outdoor amphitheather, and more. All proving that Del Webb has taken active adult living to the next level.

Now may be the best time ever to take advantage of the soft market and purchase a home for thousands less. Some of the best home sites in the community are currently available as inventory homes ready to go by year end. Discounts are varied and subject to change, but at this writing savings of up to 100,000 of the price are available on selected homes. The Tim and Kym Team at Remax Integrity are 2nd home specialists and have helped many happy folks call Festival home.  For detailed listings and information regarding floor plans visit:  http://www.arizonaehomes.com/Sun_City_Festival/page_2078595.htm

If you are thinking of a retirement or winter vacation home and would like to learn more about the community you can visit our webpage above and request a complimentary buyer's kit. Additionally, you can actually try the community out before you commit to buying a home. The community offers a vacation villa program in two stay options 3 or 4 night packages for as low as $69 per night. Includes the use of a fully equipped vacation home, golf cart, lunch voucher at Indigo Grill, complimentary drink tickets for Happy Hour, and use of the resort facilites. You may also golf at resident rates during your stay. To learn more about this program visit us at www.arizonaehomes.com

 

 

 

Does Declining Property Values beget Declining Property Values?

I guess I need to stop being surprised at how much the media affects the way we feel. According to the latest must read, "The Secret," we feel the way we think. Keeping that in mind what we think is rather important. Okay, I'm a Realtor, so let's be specific and apply the media's impact on the current real estate market. Obviously, the news today is reporting the declining values of real estate, mainly in comparison with some prior year. It's not that the news is inaccurate, because believe me, property values have plummetted. Why, you ask? Well, there are quite a number of real economic factors such as the current state of the mortgage industry, over 100 lenders have closed their doors within the past months, and those that are still loaning are not doing it so freely anymore. The subprime market is all but gone. We had to rebound from 2004 & 2005 when we had property appreciation values 'average' around 35 percent...did I say 'average'? Real Estate Investors are no longer in the Phoenix real estate market, the new anti-immigration law is scaring some...are you legal? Not to mention it's just way too hot to even think about moving...and the list goes on. Okay enough real factors that very well SHOULD affect our current real estate market, but what about the impact the media has on property values by reporting the decline of property values?

I'll take the impact of all the "real" factors causing our real estate slowdown, but I really believe what we are experiencing now goes beyond that. Just as in the last peak of the real estate market in 2005, it was being reported on a daily basis how real estate values were climbing. It was crazy - do you remember?...vaguely?...no?...sad, but let's move on. Anyways, prices shot up so astronomically that it went beyond the real need or value for the buyers. As can be seen now, the transactions during that timeframe are coming back to haunt many. But what caused so many people to get caught up in such a feverish buying frenzy? There were so many buyers over-extending themselves, competing with wise investors, some even becoming amateur investors themselves, some throwing caution to the wind and waiving appraisal contingencies, waiving their rights to an inspection,...and sadly for the mortgage industry, waiving their right to put any money down. So what is it? What is the one underlying reason that caused so many people to forego rational thought during this frenzy? One thing...CONFIDENCE. Confidence that they were making a wise decision. They seen it in the news, they read it in the paper, they heard in on the radio, they heard it at the water coolers from their coworkers, it was everywhere. Real Estate prices are climbing and if you put your money into real estate you can do no wrong. Well, guess what?


Okay fast forward to today. It's happening again! This time it's the opposite extreme having the opposite effect, but nonetheless, it's happening again! Beyond the reasons why some people are unable to buy right now, is an incredible amount of people that CAN buy and SHOULD be moving right now, but are not. Why? Prices too low? Too many incentives being offered? Too much negotiation power? Too many choices? I know all of that sucks, but do you know the number one reason why people are not purchasing homes today? You guessed it, it's "Lack of Buyer Confidence." That's it! It's not that they cannot get a loan, it's not that they can't find the home they want, it's not that they can't get their name drawn in a lottery -- it's their confidence level. That's the wrong reason! It's the wrong reason because again, it's caused by them getting caught up in what is being reported rather than "real" economic reasons. Please allow me to make an analagy of the current state of real estate with the ocean. Love the ocean, don't you?...peaceful, tranquil, deep.

There's a huge amount of people that are not in the "buying" state right now, not because they shouldn't be, but because they're being told not to in an indirect way based on all of the reports of the declining real estate market. Again, it's not that the news is inaccurate, it's just the impact that it has on the way we feel, and ultimately what we decide to do, or not do. I relate all of these people to this huge oceon swell, the longer they wait to move, the more this swell grows. These people will wait long enough until they cannot take it any longer, this is the swell as it nears the beach. A few will jump early and decide to move despite reports that the real estate market is not improving. The few that jump will end up looking around and realizing, "Wow, I should have done this a lot sooner". These few will end up realizing some incredible "deals", or back to our analagy, have the choicest waves. The swell will break and come crashing onto the beach bringing with it all those people that waited not because they couldn't move earlier, but because it didn't feel right. At this point the news will change reporting how the tide has turned and it's now a "Seller's Market" once again. But, guess what? Good for you who waited. You waited for higher prices. You waited for all those incentives to go, bye, bye. You waited for that perfect home to be snatched out from underneath you.

Would you like a new or bigger home right now, but feel that now is just not the right time? You have to ask yourself what is causing you to feel that way? Is it the constant news of a declining real estate market. If it is, that's the absolute WRONG reason. To find out if now is the right time to move despite the current market, do yourself a favor and contact The Tim and Kym Team at ArizonaEHomes.com. If now is not the best time for you to make a move, we will definitely tell you just that. But if there's no "real" reason for you not to be making a move right now, guess what? We know of some pretty unbelievable homes out there right now at some crazy (low) prices, and we can get you some incredible incentives to boot. You will be one of those lucky few catching the choices of waves. Cowabunga!!