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Featured Home at Tuscany Point

glendale home for sale

Highly sought after floorplan in Tuscany Point-Arrowhead Ranch has a newly redesigned rear yard and pool with a great lake view. Brand new pool, filter and decking just completed this year. Brand new flooring, 24” tile and luxury vinyl flooring upstairs. This home boasts 4 beds, 3 full baths plus a dedicated office. The kitchen overlooks the fabulous yard-newer appliances, granite counters and walk-in pantry! Lots of great closet space, lots of natural light with vaulted ceilings and expansive views.

Home is located in the Legends Golf course community. Drive-thru Arrowhead Loop and take in all the gorgeous lake, golf, mountain views and lush vegetation. Highly sought after Legend Springs Elementary school is a short distance away.

Call or text me today to schedule your private showing! 602-329-7782

Featured Home at Sunburst Farms in Glendale

glendale home for sale

Absolutely gorgeous 4 bedroom, 3 bath home on almost 1 acre. The moment you drive up you will notice the amazing curb appeal and know that this house will not disappoint. Exterior stone accents, Travertine walkway and beautiful front entry door.

This home has been totally remodeled with many on-trend features. The gourmet kitchen features Thomasville Cabinetry, GE Profile appliances, double ovens, beautiful granite counters, 20” tile throughout (except formal LR) , all baths have been beautifully updated. Master bath has stunning walk in shower. Many designer touches including wains coating, crown moulding, recessed lighting, upgraded light fixtures, baseboards etc. New insulated duct work in attic along with new R value insulation. All new plumbing thru the attic, no underground pipes.

The 3 car garage has epoxy flooring, high end built-in cabinetry. RV gate with plenty of room to park all your toys and trailers. The rear yard has both irrigation and a watering system, built-in bbq, horse stalls and with easy access to the Bridle Path. Incredible home-nothing else like it.

Call or text me today to schedule your private showing! 602-329-7782

Featured Home in Pinnacle Hill

Today we are showcasing this fabulous home in Pinnacle Hill located in North Glendale off of 55th Avenue and Pinnacle Peak Road just steps away from some of the best hiking trails in the Northwest Valley. This home nestled behind Thunderbird Mountain Preserve Park offering spectacular views, hiking and incredible sunsets. This home features 3635 sqft, 5 bedrooms, 3 bathrooms and 3 car garage.

The recently updated floor plan is perfect for anyone who loves to entertain friends and family. New plank flooring and quartz countertops throughout the home. The master bedroom and en-suite bath that offers dual sinks soaking tub and separate shower with large walk-in closet.

Escape to the rear yard for some tranquility taking in the spectacular mountain views sitting by the outdoor fireplace and soothing water feature, extended covered patio and built-in BBQ complete your outdoor entertainment space.

For more information and to schedule your safe and private tour, please contact me directly at 602-329-7782.

Featured Home in Patrick Ranch

Today we’re going to be showcasing a great home in Patrick Ranch located in North Glendale at 67th Avenue in Deer Valley close to shopping, dining and entertainment.

This neighborhood is in the highly sought after Deer Valley School District which includes A+ rated Carper Creek Elementary School and Mountain Ridge High School. Patrick Ranch is just a few minutes from some of the best hiking trails in the Northwest Valley at Thunderbird Mountain Preserve. This home features 3651 square feet and sits on a generous 13,500 square foot block with a three-car garage, RV gate, pool with water feature and elevated spa. If you are looking for extra space to store your toys or RV, this is one of the few communities in North Glendale that allows RV parking.

The  spacious basement floor plan boasts five bedrooms, a dedicated office, four bathrooms, a gourmet style kitchen and plenty of indoor living space which offers a seamless transition to the beautifully landscaped and very private yard.

For more information and to schedule your safe and private tour, please contact me directly at 602-329-7782.

1st Quarter Real Estate Updates

As we finish the first quarter of 2020, I have some surprising facts to share:

-As we move into 2020 there are currently 12,742 active listings or homes for sale in our marketplace.

-As we entered into 2019, we had 16,428 homes ofr sale. No one predicted those numbers for 2019, as that was the lowest inventory we had seen in over 8 years, until now.

-Did you know that we sold an average of 8300 homes per month in 2019? On average 4% more homes per month were sold in 2019 with far fewer inventory than ever before!

-2019 brought us, depending on your area, 5-8% price appreciation. Averaging out to about 6.3% appreciation.

BUYERS: We have amassed a list of homes from sellers who reached out and said if we had a buyer they would sell or they just were not ready to list buy wanted to sell. IF you are a buyer, call us! WE can help you find the right home amidst all the low supply.

SELLERS: Selling your home to an owner occupant will typically yield you 3-7% more money! If you want to sell your home to an owner occupant with minimal hassle and inconvenience-call me. No obligation, no commitments or contracts. My extensive reach can find you a buyer, one who will be an owner occupant and get you top dollar!

Real Estate 2020 brings you lots of options and opportunities while still providing the highest level of customer service!

Tips on Improving Your Credit Score to Prepare for Home Ownership

If you are currently renting and are considering purchasing a home you may need to check a few things before you begin your search.  One of the most important things to know before you venture into home ownership is what your credit score is.

Your credit score will tell you everything about your credit history and this is what lenders will be looking at when deciding whether to approve you for a home loan.  You may have thought you were doing everything right but your credit score will be the deciding factor.  Read more

Condominium VS Townhome

scottsdale condoCondominiums and townhomes are very popular real estate options for several types of buyers, from recent college graduates and Millennials to Baby Boomers and empty nesters. They are also smart investment opportunities in certain communities, as often they can be easily rented out on short and long term bases. But while these two types of dwelling share many similar features, they are, in fact, two different structures for purposes of real estate.

Condominiums, generally speaking, are one of many units inside a larger building, that can sometimes be several stories high. Legally speaking, you’re buying “air space” when you purchase a condominium, as you are purchasing everything within the walls of the unit you buy. You are also purchasing a fraction of the condo community itself. This fraction is based on the number of units in the complex, so if there are 25 units, you own one-twenty fifth of the community. This gives condo owners interest in the common areas of the community itself.

Townhomes, on the other hand, include the land on which the townhome sits. While condos are typically all on one level inside the space, townhomes often are built vertically, with multiple stories within the home. This is to maximize the land space, as well as maximize the interior space. Townhomes, unlike single-family homes, typically have shared walls, at least on one side of the home. Unlike in a condominium, however, there are rarely neighbors above or below the townhome residents. While condominium owners are typically not responsible for exterior maintenance or upkeep, townhome owners usually are responsible for these items, including any roof repairs or replacement.

Whether you are interested in condominiums or townhomes, there are many options in every price range throughout Glendale and the valley. I look forward to helping you explore these home ownership opportunities! 602-329-7782

If the First Offer the Best Offer?

phoenix real estateHave you ever sold a house before? Are you going through the process of selling your house right now? Whether you’ve been through it before or this is your first time dealing with the ups and downs of home selling, you probably fully understand the temptation to take the first offer you get on your home. You may have even heard the myth that the first offer is always the best offer you’re going to get. But how true is this? Should you wait around for a better offer to come along?

If the offer comes right away…
Then it may not be the best offer. If you get an offer on your home within 24 hours of listing it for sale with your realtor, that offer may come from someone who is trying to see how low you’re willing to go on the property. On the other hand, it might come from a potential buyer who has been shopping around for a long time. That buyer’s agent may have shown them your home knowing it’s perfect for what they’re looking for. And if this is the case, you may get a great offer. If you get an offer at or very near your asking price right away, chance are you probably won’t get something higher later on.

If the offer comes delayed…
Then it probably is the best offer you’re going to get. If your home is priced above the usual asking price for properties in your neighborhood, most buyers are probably passing on making any offer at all, thinking you won’t accept what they may be willing to pay. After a while, a serious buyer may come along and put in an offer after watching the market in your area for a few weeks. If this happens, you’re probably not going to get a better offer at your current asking price, so it’s probably a good idea to go ahead and take that offer.

So is the first offer the best offer?
Most of the time, yes. Of course, it is your choice to wait and see if you get something better, especially if the offers you’re getting are coming in significantly under your asking price. However, you may end regretting for not taking one of those initial offers, especially if your house stays on the market for weeks and even months to come. Don’t settle for a price you know is far below the value of your home, but don’t be afraid to take that first offer, either.

As an experienced real estate agent, I will advise you on how to get the most dollar for your home and develop an effective marketing strategy. Call me today to learn more how I can help you get top dollar when selling your home! 602-329-7782

Popular Architectural Styles in Arizona

Arizona is home to many building architectural styles which are influenced by the various cultures that populated Arizona many years ago.  Phoenix has some noteworthy popular building styles: from Native Indian inspired adobes, Mediterranean style to modern mid-centtury homes that are currently growing in popularity.

Following is an overview of some popular building styles you’ll find throughout the valley:

Spanish Colonial
Spanish Colonial Style or Santa Fe Style is very common is Arizona and typically has smaller windows, flat roofs, orange, reds and blue themed tiles and Saltillo tiles.  Many homes have arched doorways and natural wood beams throughout. People often choose wrought iron chandeliers and southwestern styled furnishings, rugs and decorations. The Santa Fe Style is a traditional Southwestern style owing to the warm climate of the region.

Mediterranean Style
Another popular architectural styles is the Mediterranean style homes. A Mediterranean style home is characterized by large, arched windows and ornate columns outdoors and realistic, warm color schemes and sand-textured walls.

Ranch Style
Long, L-shaped one-story buildings with inspiration from the Old West are the hallmarks of Ranch-style homes. A lot of the furniture in these homes are made of leather with the floors totally covered with carpet. While the fireplace may be made from piled bricks, it is easy to move from one end of the house to another due to the openness of the design.

Pueblo Revival Style
This style owes its roots to the homes of the Pueblo Indians during the 8th century. They grew in popularity in the early 20th century. The homes which are also called “Adobe-style” are characterized by the sloping roofs and earthy materials or adobe, which are used in building them.

Tudor Revival Style
Another popular architectural style is the Tudor Revival style. However, there are not so many in the urban regions of the area. These homes are a reference to the English royal architectural style of the Tudor families in the middle-ages. These homes are characterized by their high-pitched roofs and large chimneys.

Contemporary Style
Contemporary homes are increasing in popularity and you’ll find many newly constructed and remodeled homes throughout the valley.  Contemporary homes are characterized by open spaces, vaulted ceilings, large windows, untextured walls and minimalistic styled kitchen and bathrooms. Homes of this style are often built to be environmentally friendly, while also using some of the latest home technology to provide comfort. Common materials used in contemporary homes are flat panel wood, glass, steel and compliments mid-century styled furnishings and neutral colors.

What is your dream home?  Let me know!  Let’s find the type of home that meets your needs and lifestyle.

Buying & Selling Homes Simultaneously

Buying & SellingBuying & Selling Homes Simultaneously

Buying and selling homes simultaneously can seem quite daunting and raise many questions, especially regarding timing. When should you list the home you’re selling? At what point should you begin looking for a new home? What happens if you get an offer on the home you’re selling before closing on your new place?

The key to combining your buying and selling processes is timing. Taking the time up front to consider your options and make educated timing decisions will increase the chances that you’ll get to seamlessly move from the old home into the new space. So, how do you make those smart timing decisions?

Find an expert. A good real estate agent is a knowledgeable and reliable expert on buying and selling homes simultaneously.. The agent researches and understands current trends which will help you time your transition to the new house while also getting the most money from the house you’re selling.

Know the Market. A real estate agent is also a great resource to educated you on your local market. The agent uses current market data, the condition of your home, neighborhood comparable homes and other factors to determine a realistic selling price for your listing.

Understand your Finances. As you look at your options, know where you stand financially, how much equity you have in your current home, and how much money you can reasonably use toward the down payment of a new house. Homeowners who have enough equity to sell their existing home and can come up with a down payment for another one are going to have an easier time buying and selling at the same time.  Before the real estate shift in 2008, homeowners often leveraged the equity in their home to open a home equity line of credit (HELOC). They would borrow 95 to 100 percent of the home’s value and then use that money toward the down payment of the new home. This made it really easy to close on a new home and sell the current home quickly. Today however, depreciated home values and strict lending options have made it difficult to open a HELOC. Know that there are many options for those homeowners in all financial categories. Understanding your finances will help when you discuss this process with your agent.

Make Quick Fixes. Price and home condition are the two most important factors that effect the sale of your home. As explored specifically in previous posts, investing money up front to update the yard, repaint the walls or make other small fixes has been proven to significantly increase the likelihood that your home will sell more quickly.

Start Shopping for the new home. If you and your agent agree that listing your home is a good decision for you, it’s time to begin your home search process. If possible, start looking at homes before you put yours on the market so that you have an idea to the timeframe it could take to find the new place based on your search criteria.

When you’re ready, list the home. Putting the home on the market is a careful process that depends largely on how fast you think you will be able to find and close on your new home. The previous step, shopping for the new home, will help make that decision. Keep in mind, if you put the home on the market and the right buyer puts in an offer more quickly than you anticipated, there are contingencies you can add to the contract to give you more time to find your new home.

Buying and selling homes simultaneously has its challenges, but with the help of a solid agent, homeowners make it happen everyday. Elise Fay & Associates would be happy to walk you through some of the buying and selling scenarios or help begin your home search process. Give us a call!