Buying a Home
Buying a home In Phoenix or one of the surrounding communities is a big decision!
From Gilbert to Glendale, Jay has helped perspective buyers to identify what they can afford!
Jay's 5 Things to Consider Before Buying a House in the Phoenix Metropolitan Area:
#1: Does owning a home fit in to my lifestyle? Do you enjoy doing yard work, or would a condo fit your lifestyle better? Be aware of subdivision and association rules. Jay's assessment criteria will review such issues.
#2: Can I really afford this home? Ensure that you are not stretching your budget or compromising your normal lifestyle. Who wants to be miserable in a big, empty, unfurnished house? Make sure you have enough funds for emergency repairs. Also, have a contingency plan in case you get down-sized or injured. While everyone wants a gigantic house on the side of Camelback Mountain, such homes sell for upwards of $5 million dollars- the right home is one you can afford and will happily call home!
#3: Location, location, location! Make sure that the location yields for future profitability. Try buying in an established or up-and-coming neighborhood. Look for neighborhoods that are not near run-down or in close proximity to low-income areas. This may scare aware potential future buyers. There are wonderful areas of Glendale, Phoenix, Mesa and Scottsdale. There are also areas that Jay has seen values decrease significantly and areas where growth is not robust. Work with Jay to find the best neighborhood and community for your price range.
#4: Pick your loan carefully! Don't get roped in to adjustable rate or interest only loans. Always try to get a conventional fixed rate loan. Beware of loan brokers that are only interested in their commission. Jay works with reputable people who are experts in their fields!
#5: Be picky when choosing a house. Unless you build it yourself, the house will not be perfect. However, make sure it is as close to what you want that you can afford. If you have to put in a number of costly repairs and updates, you may want to keep looking. Looking at the many hidden costs and possible warning signs of a 'too good to be true' deal is all part of what Jay helps home buyers to consider and review.
Working with Buyers, identifying their needs and going through a comprehensive assessment criteria of where they should consider looking for a home is all part of the Jay Culton way of doing business.