Posts Tagged biltmore
How to Negotiate the Best Home Buying Deal.
Posted by LuxuryHomeAZ in Buying a Home on January 3, 2012
Buyers may have the advantage in this shifting market.
Posted previously by content owner Rick Hazeltine, N.A.R and move.com.
Buyers are finally being able to take advantage of cooling trends in previously hot markets. Multiple offers are no longer being thrown at sellers as soon as the For Sale sign hits the front yard.
Competition has dwindled in many areas as investors disappear and buyers take to the sidelines. Unless a buyer thinks his local market is headed for a big downturn, this could be the pause that allows him to get into the market with a few perks unheard of in recent years as a bonus.
So how do you know what shape your market is in? Economists believe that real estate is closely tied to employment, so if you’re in an area of growing employment, don’t expect to see double-digit depreciation anytime soon. In areas such as theMidwest, where auto manufacturing is king, prices have fallen sharply and will likely continue until the industry rebounds.
Here are 10 things buyers need to know to negotiate the best deal in a market shifting to their favor:
1. Human nature is the biggest problem for sellers and buyers to overcome in a changing market. Prices stagnate or drop a few percentage points and its amazing how different buyers and sellers react. Sellers still think their house is “special” and immune to the market. Buyers figure every seller is about to be foreclosed on and make ridiculous low-ball offers. Smart buyers do their homework, know what size home they need, how much they can afford and then search the market for what they want and negotiate fairly.
2. When you make an offer, know the recent comparable sales; it’s the best bargaining tool. “See what’s going on out there,’’ says Beverly Durham of ReMax Gold Coast Realty inCamarillo,Calif., where entry-level single-family homes begin at $500,000. “Make an offer $10,000 to $15,000 under what the last one sold. Even in this market, if you insult your seller, they won’t want to deal with you. Sellers know what the last one sold for. You want them to at least look at your offer.”
3. Find out as much as you can about the seller’s motivation — retirement, job, divorce, wants to move up but only if he gets the right price.Durhamsays if a buyer knows the seller’s motivation they can negotiate a better deal or move on to the next property.
4. Multiple Listing Service (MLS) properties usually state what the seller owes. If not, your agent should be able to track down the figures. There’s a big difference in negotiating with an owner who owes more than the house is worth and one who has a lot of built-up equity.
5. “After 45 to 60 days the seller is usually absolutely sick of keeping their house spotless and sick of people walking through,’’ said Durham. This is when a seller may be the most anxious about selling their house as traffic to their house has likely fallen sharply.
6. Unless you’re incredibly handy and have time and cash, go after houses that are as updated as you can afford. This is easier to do in a stagnant or falling market and fixers aren’t usually discounted enough to be worthwhile.
7. In a tighter market, it’s not too much to ask the seller to add the closing costs to the price of the house. It’s better to put 20 percent down and add the closing costs to the loan than put 15 percent down and pay the costs upfront.
8. Items to ask for that shouldn’t offend sellers are paying for new kitchen appliances or washer and dryer. Most sellers will be willing to do so to close the deal.Durhamalso says it’s OK to ask sellers to pay up to the first year of homeowner association dues.
9. Don’t request anything that requires quality workmanship. “Don’t ask them to paint,’’Durhamsaid. “They won’t do it the way you want. They’ll do a lousy job.’’ Also, don’t get carried away and ask for the entire store. Be reasonable.
10. Make sure to look at the big picture. In changing markets you should be planning to stay for at least five years, so don’t get caught up in a $2,000 price difference. Remember, the goal is to get the house you want to live in for some time, not to impress friends with how you worked the previous owner.
For home buying or selling in Phoenix, Scottsdale, Biltmore, Paradise Valley, Carefree or Fountain Hills, contact the Luxury Home AZ Team.
‘About Luxury Home AZ’ and Arizona’s top luxury home real estate.
Posted by LuxuryHomeAZ in ABOUT Luxury Home AZ, CONTACT Us, Uncategorized on December 5, 2011
Luxury Home AZ is Arizona’s Luxury Home EXPERT!
Scottsdale, Biltmore, Carefree, North Scottsdale and Paradise Valley are all great areas to seek out your new Dream Home!
The Luxury Home AZ team is a well established luxury home expert and active throughout the Maricopa County market in Arizona.
Our property, neighborhood, marketing and transaction team expertise benefit each home owner and home buyers with extreme quality and personal primary focus on each detail. We personally select only a few clients annually to ensure a quality experience for both the seller and the buyer of a home. By business plan, there are NO assistants, NO realty ‘team’, NO transaction team, NO group meetings with people you don’t know; just professional expertise and our personal focus on your transaction.
Our client priority is for reduced home selection and transaction time, reduced cost of transaction with the client’s time valued at a premium. Our expertise with the luxury segment of the Phoenix market includes many benefits for the client, including one of her ‘Top 10 Real Estate Benefits of Working with the LuxuryHomeAZ Team’ Summary. The first benefit includes a complete professionally planned interactive digital / social media / and print publication marketing program to turbo charge your success. 96% of all home buyers start with the internet; to compare, very few Realtors® have a professionally planned effective internet plan or program, or even a formal marketing plan in the Phoenix market.
Phoenix is a unique market and requires expert management of every element of the entire home listing and home buying process. Buyer and owners are confronted with may more challenges and obstacles in today’s market.
As a full time professional, we select the best priorities for a limited amount of clients to ensure a quality; detail managed successful transaction at a reduced cost for all parties.
Luxury Home AZ provides everything you expect and much more from a luxury home property expert in Phoenix market; including these and much more (check out the ‘Top 10 Real Estate Benefits of Working with the LuxuryHomeAZ Team’ for even more reasons to select us for your transaction.
- FREE Home Evaluation
- FREE Mortgage Information
- FREE Buyers Evaluation
- FREE Home Improvement Information
- FREE Property Portfolio
- FREE Home Relocation Information
- FREE Market Updates
- FREE Daily Factoids
- FREE Checklists
- FREE Financial and Home Summary
Contact Luxury Home AZ soon!
For home buying or selling in Phoenix, Scottsdale, Biltmore, Paradise Valley, Carefree or Fountain Hills, contact the Luxury Home AZ Team.
North Scottsdale, AZ.
Posted by LuxuryHomeAZ in LISTINGS, North Scottsdale on November 17, 2011
Click here for other luxury homes >> http://goo.gl/ChdvV
See a Complete LISTING BLOG with all the facts you need on this home, the neighborhood, schools, shopping, location, taxes, construction and utility information.
http://luxuryhomeaz7042.wordpress.com/
Amazing custom home on 1.9 acres inNorth Scottsdale. This beautiful home has 5 bedroom with a casita, an office has a separate entrance to front courtyard, Travertine throughout, circular brick paver driveway and custom gate. The large kitchen has a beautiful oversized island with seating and an open floor plan that is great for entertaining. Master suite complete with sitting room, huge master bath and closet. Mountain views are breathtaking.
Beautiful custom home with many upgrades on 1.9 acres inScottsdale. Custom details throughout. 5 bedroom with a casita. One bedroom currently used as an office has a separate entrance to front courtyard. 4.5 baths. Travertine throughout. Huge custom kitchen with granite, extra large island with seating. Dining room, living room, HUGE master with sitting room, huge master bath and closet. Mountain views. North South Exposure. Circular brick paver driveway. Stone work, custom gate. Many upgrades. So much more!! Must see property. Pride of Ownership.
CLICK HERE FOR A COMPLETE VIDEO TOUR OF THIS AMAZING HOME IN LOST CANYON, North Scottsdale, AZ. Click Here >> Not Available Today, Check back Soon!
Location; Google Map, Click Here >>> http://goo.gl/N2qzF
Enjoy some beautiful photographs from throughout the property below:
Let’s make your offer and this incredible house may be your new home!
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CUSTOM PROPERTY SEARCH Luxury Home AZ Realtor. LIKE and Follow ‘LuxuryHomeAZ’ Everwhere.
Posted by LuxuryHomeAZ in CUSTOM PORTFOLIO SEARCH on November 17, 2011
Please fill in the basic information below to locate your new dream home. A few simple questions answered and your CUSTOM portfolio of property’s matching your very own dream list is on it’s way to you in just a few hours.
Cynthia Mortensen provides a custom search of only the top property’s meeting your criteria, not just a computer MLS search like most agents. Real research, real results with high quality informtion that will save you time and money.
Please note that there is no obligation and your information will be kept strictly confidential. I will contact you with the initial results of my home search in the local real estate market.
Let’s get started, fill in the blanks below, leave the box empty if you don’t know the answer , simple as that! Happy dreaming…
Thank you for the opportunity to search for your amazing new dream home!
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10 Best Places for the Wealthiest Retirees (including Luxury Homes in Paradise Valley, AZ.)
Posted by LuxuryHomeAZ in Paradise Valley on November 7, 2011
10 Best Places for the Wealthiest Retirees (including Luxury Homes in Paradise Valley, AZ.)
Contact Cynthia Mortensen at 602-525-4644 for the BEST luxury home values in Paradise Valley!
Posted by US NEWS By Emily Brandon
A growing body of research has pointed out the large wealth gap between the richest Americans and everyone else. The top 1 percent of Americans will be able to retire without worrying about outliving their savings and how to pay for out-of-pocket medical expenses. They can simply pick a town with the best housing, health care, and amenities.
This story featured in US NEWS.
To find retirement spots that might appeal to the wealthiest among us, U.S. News used our Best Places to Retire search tool, powered by data from Onboard Informatics. We looked for places with the highest median housing prices, annual expenses, and cost-of-living. These are retirement spots that most Americans will simply be priced out of.
The 2010 median home sale prices in these cities range from $435,000 in Brentwood, Tenn., to more than $2.3 million in Hillsborough, Calif.
Paradise Valley, Ariz., a small town of 15,000 with a median home sale price of $1.3 million, is known for its lavish resorts, golf courses, and fine dining.
Paradise Valley, Arizona
ParadiseValley, with a total population of 15,050, is located 3.64 miles from Phoenix.
Temperatures in Paradise Valley range from 59.31°F to 94.33°F from winter to summer.
The average commute time for workers in ParadiseValley is 19.59 minutes.
Demographics
Demographic Detail
Population: 15,050
Population under 55: 68.3%
Population over 55: 31.7%
City Detail
Crime rate: Low
Closest large city: Phoenix
Housing
Median income: $136,093
Median home price: $1,162,500
Average property tax: $1,110
Income & Jobs
Unemployment rate 2010: 8.3
Education
K–12
Elementary schools: 5
Middle schools: 1
High schools: 1
Higher Education
Best Colleges
within 30 miles: 9
Best Colleges
within 50 miles: 9
Health Care & Retirement
Hospitals
Hospitals/Best
Hospitals within 30 miles: 44/3
Hospitals/Best
Hospitals within 50 miles: 45/3
Cynthia’s Luxury Home listings for Paradise Valley >> http://luxuryhomeaz8636.wordpress.com/
Contact Cynthia Mortensen at West USA Gallery to help you find your new dream home in Paradise Valley, one of the top ranked areas in the nation for luxury homes. Call Cynthia at 602-525-4644 today!
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Paradise Valley, AZ.
Posted by LuxuryHomeAZ in LISTINGS, Paradise Valley on November 5, 2011
See a Complete LISTING BLOG with all the facts you need on this home, the neighborhood, schools, shopping, location, taxes, construction and utility information.
http://luxuryhomeaz8636.wordpress.com/
(Click on Social Bar to make it larger, scan it with your FREE QR Tag Reader app downloaded on your smartphone!)
This stunning custom home is situated in the heart of Paradise Valley and in one of the most desirable Public School Districts. This Tuscan home has beautiful custom iron work on the front entry door as well as the ele-gant wine room, 3 fireplaces and a Canterra Fountain in the courtyard. You will love the open floor plan for en-tertaining or the cozy dining room for a more intimate gatherings. Master suit is complete with his and her re-strooms and 2 must see walk-in closets.
Beautiful Custom Tuscan yet not heavy an open entertaining floor plan. A bit contemporary on the inside. Features a cozy den area, custom iron work wine room & front door. Lovely street appeal auto courtyard with Can-terra Fountain. Mist system front and back. 5 bedrooms + office 6 baths. Master bedrooms includes his and her toilets 2 huge must see walk-in closets. Movie theater room is one bedroom. 2 powder rooms, 3 Cantera fire-places. 24” Travertine floor/carpet.
CLICK HERE FOR A COMPLETE VIDEO TOUR OF THIS AMAZING HOME IN PARADISE VALLEY, AZ. Click Here >> http://goo.gl/i5OpO
Location; Google Map, Click Here >>> http://goo.gl/VQNni
Enjoy some beautiful photographs from throughout the property below:
Let’s make your offer and this incredible house may be your new home!
Contact Cindy at 602-525-4644.
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DC Ranch North Scottsdale, AZ.
Posted by LuxuryHomeAZ in LISTINGS, North Scottsdale on November 3, 2011
See a Complete LISTING BLOG with all the facts you need on this home, the neighborhood, schools, shopping, location,
taxes, construction and utility information below.
Custom Home in DC Ranch; Warmth and welcome exude from this great DC Ranch floor plan with breathtaking mountain views and city lights. Impeccable finish and attention to detail both inside and outside with many custom features. 16′ high wood beams ceiling, barrel arched hallways, custom drywall, factory tinted windows, alder wood built in and doors, North South cul-de-sac lot and a 4 car oversized garage.
Warmth & welcome exude from this great floor plan with breath taking mountain views and city lights. Impeccable finish & attention to detail both inside & outside with many custom features. 16′ high wood beam ceiling, barrel arched hall-ways, custom drywall, factory tinted windows, alder wood built-ins & doors and lighting system. A 4 car oversized garage. The den could easily be another bedroom & the office has a private entrance. The home shows as a model on a North/ South cul-de-sac lot.
CLICK HERE FOR A COMPLETE VIDEO TOUR OF THIS AMAZING HOME IN DC RANCH, Scottsdale, AZ. Click Here >> http://goo.gl/l7VFZ
Location; Google Map, Click Here >>> http://goo.gl/uwqSD
Enjoy some beautiful photographs from throughout the property below:
Let’s make your offer and this incredible house may be your new home!
Back ton TOP OF BLOG, Click HERE >>http://goo.gl/Fs906
CONTACT or SCHEDULE APPOINTMENT
Posted by LuxuryHomeAZ in CONTACT Us, SCHEDULE SHOWING on October 31, 2011
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