Valley of the Sun Communities

The History of the Lehi Mesa Community

Lehi is an old-established community founded within the city of Mesa in 1876. It actually dates back before Mesa was even existed by Mormon settlers who were sent to establish their faith in Arizona. Their mission was to connect churches from Salt Lake City to Mexico. Under the leadership of Daniel Young, the area was under attack by the Apache Indians. The settlers built a fort as a place of refuge. As the area grew, this community became incorporated. While the fort no longer exists, a marker has been erected from the main church to commemorate the once-standing construction.
This area is a quiet neighborhood that holds so much history.

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Home Tips, Real Estate, Selling Your Home

5 Important Reasons To Put Your Home On The Market This Summer

Summer is here!  In most regions of the country, summer is the best time of year to sell your home.  This season makes for an easier transition between school years and people are more interested in looking for new places.  But let’s talk about the other reasons that you should put your home on the market now.

1.)  Demand is great.   The latest edition of Buyer Traffic Report from the National Association of Realtors (NAR) reflects that buyer demand prominent throughout every region. This means that there are buyers out there that are ready and prepared to purchase right now in the marketplace.  In many circumstances, if you have a well-kept home in a desirable community, you may find that multiple potential buyers will make attractive offers for your home.  In other words, it’s important to take advantage of this competitive buyer activity now.

2.) Lowered Housing Inventory– Unless you are keeping up with real estate trends, what this means is we are currently under the 6-months needed for normal housing market.  There are simply not enough homes for sale to accommodate the number of buyers looking for a new home.  Sellers have the advantage in this current market. However, we have a hit a high market for increased equity in 11 years so it’s important to target the sale of your home during this time.  New construction will increase as 2017 closes out so make sure that your home is in mint condition for potential sellers that rivals new homes.

3.) Quick Processes- When a buyer finds the home of their dreams, there are little things more frustrating than a slow process to move in.  As the economic market begins to gain momentum, banks will be inundated with new loans that it has the potential to stretch out closings for longer than anticipated.  However, selling now will make this process quicker and more efficient which will get you to the closing table sooner than waiting.

4.) The Perfect Time for More Space– If one of the reasons you are considering a move includes more house, then it’s important to know that prices are anticipated to appreciate by 4.9% over the next year based on finding by CoreLogic. A higher-priced this year will increase more in raw dollars (both in down payment and mortgage payment) than if you wait until next summer.  While rates are expected to increase in the next 12 months, it’s important to look into your options of locking in 30-year housing expense with current interest rates around 4%.

5.)  New Chapters–  Many people avoid drastic life changes.  But change can be good.  If you are looking for more space, a job in a new city, or want to retire to less space, you can make this happen in the current market regardless of the reason.  Think about the reasons you want to sell and begin a new chapter.  The selling market is yours.

One of the most rewarding things about my job as a real estate agent is making my clients’ dreams come true.  I love when they find the home that is just right for them.  I also love when I guide them through the process of selling their current home so they can move on to the next one.  Let’s talk about the next step in making your dreams happen.

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Home Tips, Lifestyle, Simple Life Tips

Holiday Guest Frenzy? A Little Hosting Prep Work Will Make You Shine

As we march towards the holiday season, you may be strategically (and possibly frantically) planning for out-of-town friends and family to invade your home.  While their anticipated visit may be a very welcomed event, many of us aren’t fortunate enough to own a guesthouse on the property.  This is where you insert this guide to make the visit as comfortable and inviting as possible for your guests and for you- as the host- to feel like you aren’t tirelessly worried about the details.  You can sit back and enjoy the company!

bedroom

 Pre-planning is key

Ask your guests what essentials they may need to make them feel at home.  Will they need bedding accommodations such as an air mattress or pack-and-play for young children?  What are their favorite breakfast and snack foods?  Are there any allergies such as pets or dust?  This will help you to elaborate a plan to set up the room.  If you don’t have a requested item on hand, ask local friends or family to borrow items. If your visitors need extra bedding for little ones, make sure that they are set up and ready to crash in the moment they arrive.  Often times, traveling makes for cranky kids so it will be less hassle than setting it up upon arrival.  A thorough cleaning and dusting with clean sheets and towels is always helpful especially if there are allergies.  Don’t forget that great guests are always appreciative of a well-stocked pantry, too.  A little pre-planning goes a long way and will eliminate the unnecessary runaround after they walk through the door.

 Make it travel-sized

As they always say, attention is in the details.  We’ve all traveled somewhere and realized we’ve forgotten something at home.  Fill a basket in the bathroom with travel-sized shampoo, conditioner, and shower essentials as well as razors, a toothbrush (unused, of course), toothpaste, and bottled water.  Provide reading material and mints on the nightstand.  These are all welcoming cues for your guests.

 But what about the kids?

For those hosts who may not have children, let’s face it. You have to think like one who does!  Kids have accidents and you have to prepare your home for the unknown.  Assess your home to make sure that sharp items such as scissors and knives are unreachable to tiny hands.  Just in case, make sure to re-stock your first aid kit with band-aids and other essentials.  Put away breakable or valuable items that might accidentally meet the fate of a flying toy.  Set out a spare set of linens to be placed on-call for those unexpected middle-of-the-night mishaps.

If you don’t have a TV/DVR in the guest room, relocate one that you can live without (or borrow one!) during the stay.  This will be a lifesaver for those times when the adults want to talk and the kids need their own space and activity.  Don’t forget to check out Redbox for the latest kid-friendly movie!
book

 Fun for all

The best part of visits is making it fun for everybody!  Don’t feel required to make every meal- suggest trying out the newest restaurant in town or ordering take-out.  Set aside a game night that includes everybody. Tie in holiday-themed activities such as baking cookies, strolling down neighborhood streets lit up in holiday lights, or even decorating your own house.  After all, time and laughs together are what you’ll remember long after they pull out of your driveway.

 And a little space is always good, too

Depending on the length of the visit, it’s always nice to have a little separation.  Be sure to research local events or shopping venues with information and brochures that you can provide your guests (especially with kids!) if they need to get out of the house.  This will give you a breather on prepping meals, do some spot cleaning, or just recharging your batteries until their return.

 Speaking of spot cleaning……

As with most hospitable hosts, you were probably raised better than to ask your guests to lift a finger.  But dirty laundry does tend to pile up and clutter seems to get pushed aside.  Keep a laundry basket or bin in a specified place such as a closet or laundry room to collect used towels or linens.  This is a better method than doing a scavenger hunt throughout the house before starting a load.  Let them know there are disinfectant wipes under the bathroom sink and disposable cups, plates, and utensils in the cupboard.  These little hints will hopefully keep bathrooms and kitchens (somewhat) tidy throughout the visit.

Buying a Home, Real Estate, Selling Your Home, Valley of the Sun Communities

The Great Housing Dilemma: Practical steps to selling your old home and buying a new one.

buy-sell
The steps to “moving up” or “sizing down” can be a daunting and confusing one.  Do you sell first?  Buy first?  When is a good time to talk to a financial institution about your plans?  When does a real estate agent come into the picture?  You may not know where to start.  However, I want to reassure you that a good plan can be your best asset.

Oh, the Great Housing Dilemma.  The thought of it can brings so much anxiety.  Remember that the overall goal is to maximize the selling price of your home and find a new one for a reasonable price.  However, If you sell your current home first, where will you live until you find a new one?  If you buy first, you are stuck with paying two mortgages– that is, if a lender has the ability to offer you a second mortgage.

Options during this transition may involve:

Borrow down payment money for the second house from family or friends. Point out that you need help for only a short period, and offer a competitive interest rate. Give the person making the loan a promissory note, secured by a second mortgage (deed of trust) on your new house. Try to arrange it so that no monthly payments are due until your first house sells. Be warned, however, that depending on your financial situation, institutional mortgage lenders may refuse to approve a loan where the down payment doesn’t come from your own resources.

Get a bridge loan from a financial institution. If you have no other choice, it may be possible to borrow money from a bank or other lender to bridge the period between when you close on your new house and when you get your money from the sale of your old one. This idea is that you take out a short-term loan on your existing house, using it toward the down payment and closing costs on your new house, and repaying it when your first house sells.

Bridge loans can, however, be far more expensive than regular mortgage or home equity loans (higher upfront payments as well as interest rates), and they’re not easy to qualify for — you have to have plenty of equity in your current home and enough income to pay both mortgage payments indefinitely. The requirements all but negate the benefits of the loan!

First things first, evaluate the housing market with a trusted licensed real estate agent like myself.  I can give you current market value for your home to sell as well as advise on what is on the market for your next home.  With the marketing that I can do early on, I may be able to secure a buyer while you are preparing your home for sale.  I currently have an active listing that I “pre-marketed” for 3 months and accumulated interested buyers.  Now the home is actively for sale, we have multiple offers!  Multiple potential buyers who are interested in the listing will sell the home very quickly.

I am happy to do “Seller Net Sheets” that allow you to see estimated values of what you will net.  Talking to a lender will also determine what the lender feels your budget should be.  This allows you to know what is a reasonable next purchase should you need or desire to finance that purchase.  My goal is to get all of the information and planning done upfront so the transaction is seamless when we decide to proceed.

If you still have questions, I’m here to help!  Call me at 480-466-8193.  Erin Newman

Home Tips, Real Estate, Selling Your Home

How to Sell Your Home to a Millennial

Millennials are now presently the fastest-growing generation of consumers in the United States at 80 million.  Millennials represent those born 1980 and 2000 and have been associated as being a generation of renters.  However, the tables are turning and these young people are more ambitious to become homeowners than you would think.  As sellers are placing their homes on the market, it’s important to remember that Millennials are now potential buyers as we move into the next decade.  While location is generally the priority for this group, a selling strategy can position your home to expand into the Millennial buying interest.  Here are a few tips to generate interest to this group.
millenial

Create a Move-in Ready Home

Millennials tend to favor towards move-in ready real estate opposed to purchasing a fixer-upper.  To appeal to this group, pour through magazine and tap into the latest decorating trends.  A perfectly staged home will naturally draw interest.  

home

Sociable Spaces

sociableLarge, open floor plans are a crucial element for millennials to gather and socialize in their home.  If your home has smaller rooms, consider knocking down walls to create a more inviting space for entertaining and hosting plenty of friends.


WiFi Accessibility

wifiTechnology is a daily necessity for these young buyers.  A poor or inaccessible signal will be a hard sell.  If your current situation, consider investing in a booster, repeater, or extender.

Technology-Savvy Approaches

technologyMillennials expect to use technology to make informative decisions.  When selecting an agent, make sure he/she will be able to create a mobile app, virtual tour, and digital photos to beautifully market your home.  Since millennials are always plugged into a tablet or smart phone, be prepared to be in check for response times and respond to their queries within a reasonable time.

A Green Home

This group tends to have a greener lifestyle than generations before them.  A sustainable, earth-friendly home is most certainly a plus for them.  If you need to boost environmental standards, consider energy-efficient heating, cooling, and insulation.  Sustainable materials such as bamboo are excellent selling points.  

Eco-Friendly

Market Your Home to Their Lifestyle

MillenialsThis group thrives on a balance between work and life.  A close proximity to where they do life is one of the most important factors.  Location is a crucial factor and can work in your favor if your home is in the right spot.  Highlight nearby places that they can access within walking distance of their front door.

                                                                                                                                  Be a Smart Seller

young-man-asks-a-questionBe upfront with any questions they may have about your home.  They want to make a good decision.  Remember that selling to this generation isn’t as hard as it seems.  Create an open space, use technology in your marketing strategies, and you are likely to sell your home for the right price.

When you are ready to place your home on the market, call Erin!
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