To Rent or To Buy? That Is The Question!

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Some people don’t think buying a home makes sense. They feel like renting is a smarter move.

On the other hand, some people think renting doesn’t make any sense.

For the most part, arguing it one way or another is about as useful as arguing politics or religion — whatever “side” you’re on, you have your point of view, feelings, and reasons.

But there are also people who are open to debate. If that’s you, read on. This will give you some food for thought and help you make up your own mind about whether it makes more sense to buy a home or rent one.

At least you have the option

Picture living back in Medieval times.

Only a few people are allowed to own land, and you’re not one of them. You can live on a lord’s land, but you’ll have to give him a certain percentage of whatever you grow or raise.

How do you feel about that? Are you OK with that? Is it fair? Probably not…

So, look at it this way: At least now you have the option of buying property. Whether or not you want to exercise that right is your choice.

And it is a choice. You can also decide that you’d rather not own the property you live in. You can certainly still rent from a landlord. (Although they probably won’t accept bushels of wheat, baskets of vegetables, or a goat as payment. You’ll need to somehow convert that to cash money.)

But owning property isn’t for everyone. It comes with responsibilities, risks, and limitations that not everyone is cut out for.

Both come with responsibilities, risks, and limitations

Many people who claim renting makes more sense feel that way because:

  • They feel like values are too high. (Unaffordable.)

  • They feel like it’s too risky. (The market could crash. Values could go down.)

  • They could lose their house (if they lost their job and fell behind on mortgage payments).

  • There’s a lot of cost to maintain a house.

  • It will “tie them down.” (They won’t be able to move to the coast of Costa Rica and surf for 7 months.)

All of those are valid and possibly true reasons for not buying a home. However, renting also comes with responsibilities, risks, and limitations:

  • Rents aren’t necessarily more affordable than buying a house, and they can go up over time (and probably won’t go down).Conversely, the value of a home you own will most likely go up over time, even if it does go down.

  • There’s risk that a landlord could not renew a lease and force you to move.

  • While you aren’t usually entirely responsible for maintenance, you can be held responsible for things that break or get damaged. You may also be responsible for some upkeep and maintenance costs.

  • You don’t have much say in what gets done around the house or apartment. You’re at the mercy of a landlord doing something (or allowing you to do something to it).

  • A lease can tie you down as much, if not more, than owning a house that you can choose to sell or rent out if you want to move at some point.

Obviously this isn’t a complete comparison list of risks, responsibilities, and limitations. There are certainly more we could get into. It’s just to make a point, which is…

Whether you buy or rent a home, you will have risks, responsibilities, and limitations placed upon you. The only true solution is to live for free in your childhood home forever and ever — and even that probably isn’t entirely “free” or without responsibilities and limitations.

You can’t live somewhere entirely for free, but…

…what you can do for free is figure out whether you should buy a place to call home, or rent one instead.


Posted on September 10, 2018 .

6 Reasons Your Agent Wants You Pre-Approved Before Showing You Homes

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Ever had an agent deny to show you a home because you weren’t pre-approved for a mortgage? It’s not because they’re mean, or they don’t value your business… it’s actually because they’re looking out for your best interests.

Let’s face it, shopping for a home before getting pre-approved for a mortgage is like walking into a grocery store without a wallet. You may have the desire to buy, but you lack the ability. Let’s cover some basics…

What is a mortgage pre-approval?

In a nutshell, a mortgage pre-approval is written assurance from a lender or broker that you’re able to borrow money to purchase a home up to a certain amount. It’s based on the income, employment and asset documentation you supply at the time of application, in conjunction with your credit history. So let’s look at the 6 reasons you should get pre-approved.

1. It carries more weight than a “pre-qualification”.

A pre-approval differs from a pre-qualification. With the former, the lender has actually checked your credit and verified your documentation to approve a specific loan amount (usually for a particular time period such as 30, 60 or 90 days). A pre-qualification can be useful as an estimate of how much you can afford to spend on your home, but it’s a less accurate indicator of your ability to purchase. A pre-approval always carries more weight.

2. You’ll know how much house you can afford.

Getting pre-approved before you begin house hunting allows you to know how much house you can realistically afford. Knowing this narrows down the options and makes the selection process more efficient. Not to mention, it protects you from the unpleasant surprise of realizing the home you fell in love with doesn’t fit your budget.

3. It adds clout to your offer.

In many markets, homes attract more than one offer. If the sellers are weighing one offer against another, they may lean towards the one accompanied by a pre-approval letter. That’s because pre-approvals instill confidence that the buyer is financially capable of purchasing their home.

4. It could increase your negotiating power.

In addition to strengthening your offer when compared to buyers who haven’t taken this step, getting pre-approved may give you the upper-hand when negotiating the price. If the homeowner is eager to sell, they may be more willing to accept a lower offer from someone they’ve been assured is financially capable of purchasing their home.

5. It saves time.

Obtaining a mortgage is a lengthy process. Getting pre-approved ahead of time shortens the time between contract to close — this way you’re ready to proceed with finalizing the mortgage once you’ve found the home you want to purchase.

6. Without it, most agents won’t work with you.

Makes sense, too. Right? Think about it: when you hire an agent, he/she will invest countless hours showing you homes over the course of your house hunt. If you were in their shoes, wouldn’t you want assurance that your hard work would lead to a favorable outcome for both you and your client?

Posted on August 1, 2018 .

New Housing Is Just Around The Corner As Building Permits See Dramatic Increase

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There’s no denying that the inventory crisis (which, according to the recent Housing Shortage Report from Realtor.com, is the worst facing the US in more than 20 years) has made things difficult for buyers. But according to a new report from the US Census Bureau and the US Department of Housing and Urban Development, things are about to start looking up.

According to the report, 1.3 million new building permits were issued in May 2018—up a solid 8% from last year. And housing starts (construction on new homes that’s been started but not completed) was at 1.35 million—up a whopping 20% from May 2017. (Both new building permits and housing start statistics are at a seasonally adjusted annual rate).

All this new construction—both construction that’s already started and construction that will soon start thanks to new permits being issued—will be hitting the market soon. And when it does, that new inventory will cool off markets across the country and make it a lot easier for potential buyers to find and buy a home.

The Takeaway

So, if you’ve been thinking about buying a home but have been hesitant thanks to the high prices, crazy competition, and low inventory, get ready—all this new construction means things will be looking up soon.

Posted on August 1, 2018 .

4 Ways To Rock As A Real Estate Client

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Why do you care if your Realtor considers you a good client or not? Because the better client you are, the better results you will have. No, you and your Realtor do not have to be in love with each other, but effort on your part will bring you better results and a more positive transaction. Here are some best practices.

1. Be easy to educate

Most Realtors are teachers at heart, and the more you can learn, the better prepared you will be. Yes, your friends, family and various websites have lots of good information to give, but nobody has a better “boots-on-the-ground” perspective on your local neighborhood and various current trends than your Realtor. Ask all the questions you like and try to absorb as much info as possible. Yes, there is a lot to learn, but you will find that you become educated very quickly.

2. Be easy to communicate with

If your Realtor must text you five times before you respond, you will eventually miss some important info or even the house of your dreams. Ask your Realtor for communication expectations and let them know if you prefer calls, emails or texts. If there is a time that you do not wish to be contacted at all (say, when you put your kids to bed), make sure your Realtor knows that in advance. They will probably have a “no-contact” time, too. Of course, if your Realtor is constantly difficult to reach, you may want to consider switching to somebody else.

3. Be as available as possible

Of course, you are not expected to take off work to see a home, but see what accommodations can be made in your schedule. This is critical in viewing homes in a hot market. If you are selling a home, please be mindful that after-work and evening showings are highly likely. The more people that see your home, the better and higher price offers you will get.

4. Be loyal

House purchases and sales do not just take your time, they take your Realtor’s time too. If your Realtor learns that you are also working with several other Realtors, it is understandable that they will just not be as motivated to work hard for you. If you are unhappy with the Realtor that is selling your home, ask for a meeting to turn things around. Again, be clear about your expectations and be willing to listen.

Posted on August 1, 2018 .

7 Signs That You’ve Picked the Right Real Estate Agent

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Buying or selling a home can be a complicated and stressful experience. There can be a lot of moving parts involved that may come as a surprise to people who have never been through the process before. This is why having a great real estate agent is critical.

Picking the right agent isn’t always easy, but you’ll definitely know if you’ve picked the right one for you. Here are seven signs that you’ve made a great decision in picking your real estate agent:

1. You like being around them

You don’t have to be head over heels in love with your real estate agent, but you need to at least enjoy being around him or her. You will spend a lot of time communicating with your agent, so the relationship needs to be a good one to help make the experience as painless as possible. There’s nothing worse than dealing with a person who you don’t like being around, especially if the going gets rough. If you don’t cringe at the sound of your agent’s voice then you might have found the right one.

2. They’re responsive and available

This point is non-negotiable. A good real estate agent will make themselves available to you and won’t leave you hanging when you’re waiting for a response. If your agent is leaving you feeling like a spurned date, they’re doing something wrong. The right agent understands how important and serious a real estate transaction is, and will always make sure to make your needs a priority.

3. They’ve asked you to get pre-approved

If you’re a buyer and you haven’t spoken with a mortgage professional before going out and looking at houses, a good real estate agent will ask you to. It might be frustrating if you don’t understand the reasons why, but a good agent knows that it’s for your own benefit just as much as theirs. There are a number of important things you might find out by going through the pre-approval process, many of which you should know before spending any of your time searching for a home. A good agent knows this, and wants you to know as well.

4. They’re proactive and not just reactive

This is one indicator that will set the right agent apart from everyone else. The right agent will not just go through the motions and take orders, they will be proactive in helping you identify and find the right solutions. For instance, instead of just sitting back and waiting for you to send properties you might have come across, a great agent is always on the hunt for the ideal property for you, and will communicate and suggest things that you might never have considered before. Being proactive is a mark of a true real estate professional.

5. They’re honest with you, even when it hurts

Just like honesty is important in a romantic relationship, so is honesty in a real estate relationship. The right agent will tell you the truth when you need to hear it, even if it’s inconvenient for them. It takes a lot of guts to be honest with someone when it might cost you money, but it’s also an ethical imperative, and a great agent will always put their own character, honesty, and integrity ahead of making a buck. And if they have to tell you the harsh truth that what you’re looking for is impossible, the right agent will do that too.

6. They don’t give up easily

A real estate transaction rarely goes off without a hitch these days, and sometimes it feels like the universe is conspiring to keep you from buying or selling a home. But it’s much easier to throw your hands in the air and say “I give up,” or “Someone else can figure this out,” than it is to buckle down and come up with a solution. The right agent doesn’t give up, and will uncover a way to keep things moving, even it takes some creativity. The right agent fights for you, and doesn’t throw in the towel after getting jabbed.

7. They want to build a relationship

One of the best signs that you’ve picked the right agent actually occurs either before or after you work with them on a deal. Even though real estate is transactional, the best agents look to build a relationship with their clients instead of just working with them on a deal and then disappearing. If your agent stays in touch, presents themselves as a constant resource, and is in it with you for the long-haul, then you’ve definitely found the right one for you.

Posted on August 1, 2018 .

10 Renovation Problems So Horrific Homeowners Will Wish They’d Moved

 

Sometimes the thought of renovating a home seems much easier than moving. But whether you’re undertaking a major restoration or a minor remodeling, what begins as a dream endeavor can quickly devolve into a nightmare.

Surprises may be lurking behind the walls and beneath the floorboards. Often, they can create a snowball effect where suddenly your initial project becomes an extreme (and expensive) home makeover straight out of a reality show.

The following home improvement mishaps are so extreme they may have homeowners asking themselves, “What have we done?” If it’s any consolation, at least they know they’re not alone. Instagram is filled with #renovationproblems that serve as cautionary tales. Take a look.

1. The vanishing contractor

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As some homeowners learn the hard way, not all contractors are created equal. These folks had their builder up and quit, leaving them with a very incomplete-looking home. But aesthetics aside, exposing wood like that is just opening up the house (literally) to a whole host of problems, from the elements damaging the wood to pests making their way inside.

2. Ouch!

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Even with shoes on, you still might not be immune from the hazards of hardware. Getting a nail in your foot will make you wonder if maybe you have a hole in your head for undertaking this project. You’ll definitely want to have your tetanus shots up to date in this case.

3. Drain drama

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Many homeowners like to keep a safe and sterile distance between the kitchen and the bathroom. So it’s definitely unpleasant when you discover that you’ve had a plumbing issue that connects the two. You wouldn’t blame this gal if she’s not able to enjoy a meal at home any time soon!

4. Getting to the (very) bottom of the issue

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Of course this homeowner wanted to get to the source of that dip in the floor but it looks like knowing when to stop may be the real problem. Perhaps this is a sign he’d really like to put in an indoor swimming pool? Now that’s a home improvement!

5. Fix one issue, discover another

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When you’re in the middle of a renovation sometimes it feels like the only surprises you uncover are bad ones. In other words, for every homeowner who stumbles upon an invaluable heirloom, there are dozens of others who find asbestos. Or, at least that’s how it feels when you fix one thing but then realize you’ve got another project that demands your immediate attention as this homeowner did.

6. Sheetrock shocker

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When you open up a wall, you may hold your breath and hope you don’t find anything creepy. These poor owners found creepy and crawling, just like something out of a horror film. This is one of those sights that it’s going to take a while to “unsee.”

7. Hole-y cow!

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An opening in the ceiling is really only appealing when it involves a skylight. And while the hole itself is an issue here, it looks like there may be some other problems as well. Let’s hope, for the homeowner’s sake, that’s not mold we’re looking at.

8. A rocky foundation

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You don’t need to be a structural engineer to recognize that this foundation has some significant flaws. This project is off to a rocky start, no pun intended. It’s also not a great sign that this happened on the very first day.

9. Rotten luck

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Dry rot is definitely not something you want to find at any stage of a renovation. This issue, in which wood decays because a species of fungi consumes it, actually isn’t “dry” at all, but rather results from too much moisture coming in contact with the wood. Unfortunately, this condition can lead to extensive and expensive repairs.

10. Kitchen, what kitchen?

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No doubt this kitchen will be beautiful when it’s finished, but this certainly looks like it could be challenging to live through this kitchen renovation. Hope they’ve got some friendly neighbors who’ll invite them over for a meal!

 

Posted on May 29, 2018 .

OMG...Hope This Doesn't Happen With Your New Build

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I thought I had seen it all until I witnessed this! Yep, this house had to be picked up and moved across the street because of a BIG error. The builder ended up putting the house WAY to close to the fence on one side. So close that the neighbors could high five! Word is that the builder is taking care of the buyers and making it right thankfully.

My thoughts...how does this get that far to where they just noticed the issue? Just looking at it I could have told you it was too far over. If they had a New Build Ninja checking on their home regularly the issue may have been intercepted earlier. 

Anyway..random thought of the day. If you were the buyer, would you continue with the purchase? I'm wondering how many times the truck will have to back up and move over to line up the home perfectly.

 

Posted on May 15, 2018 .

5 Educational Tips to Learn About Buying a Home

How exciting to start the process of buying your own home! This is a very exciting time, but can also be scary with the fear of the unknown! Our goal is to help ease your nerves and learn the home buying steps before you hit the pavement and view some properties. The worst is when you find a home you're in love with only to find out you can't have it just yet. 

1) Who is this Ryan Guy? 

You're probably wondering who this Ryan guy is that we recommend for your Mortgage! Check out this video of him explaining the process of applying for a home loan and answering some questions you might be already thinking! Talking to Ryan is going to be your first step in learning what you can afford and the steps it will take to achieve your homeownership dreams.

Meet Ryan!

2) The Downpayment Assistance Programs

Lots and lots of our clients have benefited from the Down Payment Assistance Programs including ourselves! Contrary to Popular Belief, these are not only for First Time Buyers. If you're planning to occupy the home, let's "taco" bout the Downpayment Assistance Grants.

Info about our experience here:

How We Bought For Only $750 Down

3) Buyer Cheat Sheet

A copy of our Buyer Cheat Sheet will be crucial to your home search. This has tips for what to do when preparing to buy, info about the loan programs, and a list of the home buying steps. You can use this as a checklist throughout the process to check off where you are and know what's next.

Email me for a copy of the Cheat Sheet! 

Jennifer@evoaz.com
  
4) What Costs Can I Expect?

Next up! Here is a sweet informal video from Katie Lambert, our Team Owner, about some costs to expect when buying or selling a home. The first half is geared toward home buyers. Definitely take a peek at it when you get a chance!

Closing Costs for Buyers and Sellers

5) Where to Move?


So you're ready to start looking, YAY! This link has 5 Tips for Choosing the Right Neighborhood. There are some GREAT tips here that you probably didn't think of!

Tips on Choosing a Neighborhood


JD a.k.a. Jen Duncan

Jennifer@evoaz.com

480-707-7554

Posted on April 23, 2018 .

Phoenix Real Estate Tip of the Week...#1 - The Appraisal

An appraisal can be a scary thing! Is the home going to be worth what I'm buying it for? Or, is my appraisal going to be high enough so I can get rid of my Private Mortgage Insurance? Some people are wondering what the heck an appraisal is!

When you buy, sell, or refinance a home, it must have an appraisal completed to ensure the home is worth what you are purchasing it for. The only instance where you wouldn't need an appraisal is if the buyer is paying cash and not taking out a mortgage.

An appraisal can be very exciting if you find out your home is worth more than you are buying it for, but can also be detrimental if it comes in under value and both parties can't agree to lower the price. 

It's important for your Realtor to take some measures to help with this process. Because the Phoenix Real Estate market is a sellers market currently, sellers are pricing their homes higher to see what kind of offers they can get, and they are getting them! Some agents are encouraging their clients to offer above list price in an effort to secure the home against multiple offers. However, this plan can backfire badly! It's always a good idea for your Realtor to research the last 90 days of comparable home sales when putting together an offer to be proactive and avoid any appraisal headaches. A great listing agent will have a conversation with the appraiser to go over the comparable home sales, best features of the home, and perks of the neighborhood in an effort to educate them on why the purchase price should be supported.

We recently started the process of refinancing our new build home in Eastmark. Because the home is only 6 months old, there are not many listings on the Multiple Listing Service to run a comparable home search. This lead the appraiser to just grab homes in the same size range that weren't truly a match to our home.

Here are 5 Things I Did to Help the Appraiser Determine Our Home Value:

1) Pulled all of the park facing homes that closed in the last 90 days that are model matches.

2) Compared lot sizes and similar features

3) Listed all upgrades that we've done to the home after moving in

4) Attached a sheet with all of our upgrades from the design center

5) Provided a link to the builder website to show the cost to build our exact model 

As always, if you are thinking of moving in the near future please feel free to reach out so we can chat about what's best for you!

Much Love,

Jen Duncan a.k.a. JD a.k.a #NewBuildNinja

Jennifer@EvoAZ.com

Message me on Facebook!

 

 

 

 

Posted on April 12, 2018 .

The Good, the Bad and the Beautiful..Six Months in Our Eastmark Build

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I can't believe today is SIX months since we moved into our brand new home in Eastmark. We are over the moon about living here and it's been amazing seeing our little corner complete construction! The fact that you can go outside and see neighbors chatting, kids playing and an overall sense of community is something special here in AZ. The last six months have been a great chance to reflect on some of the choices we made and think about some of the things that we wish we would have changed.

Let's start with the good!

1) Lot Placement

We chose our specific lot because it faced the park and had no neighbors behind. Small perks that we noticed on our lot hunt were a tall wall in the back for privacy and a smooth entry driveway.  We also love that we aren't situated near any main entrances to our part of the neighborhood so it cuts down on chances of speeding while the kids are out playing. We lucked out with having some amazing neighbors! There are kids galore in our section. The beauty of Eastmark is they have a little something for everyone such as entry level homes, move up homes, and retirement options. One of the reasons we chose our section is because A) it was in our budget and B) after working in Real Estate for a bit, I know that this price point it will attract a lot of families with younger kiddos which is perfect for our daughter.

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2) Paint

We are SO happy that we decided to hire a painter to come in and paint our interior before moving in. Sure, it sounds super easy to just have the builder do it (at a premium of course), but it was 100% worth it to have Sun Valley Painting Professionals come in and do it the right way. The builder will typically use flat paint which is NOT kid friendly. We were able to choose which colors we wanted and upgraded to a Cashmere finish which is more durable if you have little ones. This saved us over $1,000 from having the builder paint and we got a more customized look.

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3) Fixtures

At first we were unsure if we should pay the premium to upgrade things like our faucets, fans and lighting or just do it ourselves. I'm happy to say that I'm still in love with our fixture choices. It saved a lot of money in the long run (think interest on a 30 year loan) to go with the standard items and upgrade later. 

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There are so many more amazing things about this home, but let's shift to the Bad.

The Bad

1) The backsplash (or the Granite)

One of the choices I wish we had waited on is the backsplash. We had pre-picked out that backsplash because we LOVED the brushed aluminum look and had to have it. As you can see from our sample photos, our granite turned out MUCH busier looking than the sample piece. They did warn us that styles may vary since granite is a natural stone and not manmade.

If I could go back, I would not have had the builder do the backsplash and waited to see what our countertops were going to look like. If you are doing a Quartz style where the pattern doesn't vary as much, this doesn't apply to you as much. We actually love how the granite turned out, but a simpler backsplash would make it look perfect!

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2) Big Giant Showers

Don't get me wrong, I LOVE the huge walk in shower...but, if we were able to travel back in our DeLorean, we would absolutely have had it tiled with something that doesn't show so much dirt. The shower is so big, you almost have to walk a mile before your feet hit any kind of water. In Arizona, we don't have clean feet unless you wear socks all day! If you can't afford to upgrade the tile, absolutely get the grout sealed ASAP before moving in. Luckily, this is something that can be changed by hiring the right professional.

New build tip: If you are opting for a huge open shower, be sure to put add a door to the entrance of your master bath so you can close the door and steam it up before showering. I've heard many people say they freeze their butts off in their giant showers.

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3) Sinks

I definitely still love the square sink style. The only draw back is they are very hard to keep clean! Maybe it's a personal problem since I don't put in much effort. Since they don't have a normal round bowl to get that pesky toothpaste down the drain, the mess just tends to sit there. If we could do a do-over, I would go with the granite countertop upgrade and oval sink combo.

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The Beautiful

This neighborhood just drops my jaw daily. Everything here is so pretty from the parks, the Bus Stop at the Visitors Center, the Pool/Splashpad, the Diner...the list goes on! We are even getting our own farm in the neighborhood where we can get fresh produce and eggs. Many people tell me they don't want to live this far out until they actually see it in person. I sure would have wanted to be the first person in Chandler before it got huge! This area is booming and there are tons of jobs coming to Southeast Mesa along the Elliot Technology Corridor. With 5 schools choices with-in 2 miles, there is something for everyone! 

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To stay up to date on everything Eastmark, check out The Eastmark Experience on Facebook! 

If you're thinking of building new now or in the future, send me a message! I have my new build radar on everyday and will look out for the best neighborhood that fits your needs. We have special deals for our clients so be sure to ask about our coupons!

Happy Hump Day!

Jen Duncan a.k.a JD a.k.a #NewBuildNinja

Jennifer@evoaz.com

https://www.facebook.com/JenDuncanRealtor/

 

Posted on April 4, 2018 .

5 Things To Consider When Choosing a Neighborhood

1) Check Crime Stats and Sex Offenders

Be sure to check the crime stats and registered sex offenders list. There’s nothing worse than moving into a neighborhood to discover that there are less desirable areas nearby. When we built our first home, we didn’t do any exploring past 2 miles from the home site and regretted it later when the crime increased in our area. We knew right then that when we decided to start a family we would need to move. Crime statistics, the sex offender registry and more can be found in the Buyer Advisory.

2) Check Upcoming Foreclosures

Most agents don’t know to do this!  If there are one or two...that’s typical and shouldn’t have too much impact. If it’s 10 or 20 then that could be something to consider when thinking about your future home value.

3) Talk With Other Moms!

Talk with other Moms or people that are familiar with the area.  Try to join the Facebook neighborhood groups and ask questions about things to do in the immediate area. You'll want to ask about schools, parks, restaurants, etc. MOMnationAZ is a great place to start. What is better than a network of over 4,500 Moms who live all over the Valley? We all know Moms crave adult conversation away from their kids so start asking away!

Think about if you want a neighborhood that is amenity rich like Eastmark, a family favorite, or if you’d like a no frills, no HOA neighborhood where you’re free to park work vehicles and RV’s and paint your home whatever color you please.

4) Do a Drive By

Drive by day and night, weekend and weekdays. Go hang out at the park and observe the area. It may be quiet all week long, but party central on the weekends, and not the kind of party you want to go to. Also, try talking with neighbors while visiting. This will be a great indicator to get a feel for the neighborhood and help you decide if you want to live there.

Remember, you have 10 days after making an offer on a home to do your due diligence and solidify your decision. Should you decide you want to back out of a home purchase in those 10 days, you will not be out any money.

5) Consider Commute Time

During the honeymoon phase of a new house, the 45 minute drive to work might not bother you, but it eventually will once the "newness wears off". Dobson Ranch is a great neighborhood to consider if you’re looking for a neighborhood with great amenities, but also a quick commute to Phoenix.

Remember, your Realtor cannot steer you to or away from a certain area as it is against the Code of Ethics. You can, however, give them a wants/needs list of what you’re looking for in an area and they can go to work to help you find what you’re looking for based on experience and area knowledge.

As always, don’t hesitate to reach out with ANY Real Estate questions!

Happy House Hunting!

Jen Duncan a.k.a. JD!

Jennifer@evoaz.com

480-707-7554 (Text Friendly)

Posted on March 12, 2018 .

You Shouldn't Build a New Home...

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I met one of our new neighbors the other day, super sweet, and just moved here from Colorado. This was their first new build and they were SO excited to start their new life here. They had their final walkthrough, moved in, and then started realizing everything that was wrong with the house. It's not their fault, they don't know what they don't know. Of course they relied on builder to find all the errors because they are working for you right? Well kinda...

As the seller, it's the builder's job to be fair, complete your home and make sure it's up to code. They hire a ton of sub-contractors that should be doing the job right as you would assume. We're all human though, there is bound to be an error or two. If you had looked at her home, you would think it looked great! However, they didn't know what to look for. They were high on emotions that "OMG our house is done!" They didn't have a #NewBuildNinja in their court.

Instead of being SO excited to move in, they are having to deal with submitting several warranty requests and having things fixed that you really don't have time for when you're moving to a whole new state. If I had been working with them as their buyer's agent, I could have caught the issues throughout the process and at the blue tape walkthrough. I do not have OCD, but when I'm at a blue tape walkthrough, I turn on my OCD and generally catch just about everything before you sign and move in.

So...You Shouldn't Build a New Home...Without Me, Your New Build Ninja! 

My goal is to save headaches, marriages, and sanity while you are in the process of building a home and moving. Yes I said save marriages. Can you imagine two people walking into a design center with totally different ideas in mind and the arguments that can come from that? You're talking design elements that will be part of your home for a LONG time, not to mention the money. I LOVE helping clients with determining the best upgrades for their money and how they can save on their upgrades by doing some things themselves after they move in.

Here are just a few other things I can help with during your new build:

1) Helping you choose a neighborhood based on your wants, needs, and school choices

2) Scoping out the best deals and incentives

3) Help choose the best lot that will not be detrimental to your home value 

4) Review the contract and make sure you're represented

5) Check on your home at least every 2 weeks

6) Check for any floor plan errors before the concrete slab is poured

7) Attend the Design Center appointment to help with design choices and money saving tips.

8) Attend the frame orientation and blue tape walkthrough. (The blue tape walkthrough is where you tag any defects or blemishes with blue tape a week before closing to have those items fixed)

9) Review final settlement statement to ensure no pricing and fee errors

10) Attend the final walkthrough and closing! I'll ask questions you probably didn't think to ask!

Be sure to present me with our $500 off Closing Costs Coupon. Not only will you NOT have to pay me to help with your new build, but we're hooking you up with an extra $500! 

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If you're thinking about a new build in the future, fill out my New Build Matchmaker form and I will keep my eyes peeled for the perfect neighborhood for you!

New Build Form

-Jen Duncan a.k.a. #NewBuildNinja - Jennifer@evoaz.com - 480-707-7554

Posted on January 17, 2018 .

How We Bought Our Home For ONLY $750 Down!

Time seriously flies! We've actually been in our house for over 3 months now and it's been such a hot mess getting unpacked that I haven't posted pictures! It's been wonderful living here. This neighborhood is like a utopia and we've nicknamed our street Princess Row because of how many little girls we have. When I first visited this community back in early 2016 I knew it was where we wanted Munch to grow up. I just love that the kids can come knock on the door and play on a whim.

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Everyone has been asking me about how we bought our new build home with such a low downpayment. I kid you not, we only put down $750 on this home as our down payment. The Home Plus Grant program gave us right around $14,250 for the rest of the down payment to total a 5% down Conventional Loan. This is a dramatic difference from our last two rentals where we had to put out $4,000-$5,000 just to move in! The awesome thing with having a mortgage too is that you don't have to make your first payment for 30-60 days depending on your closing date! Pair that with our $500 OFF closing costs and you have your moving costs covered! Grant program info: http://www.arizonadownpaymentassistance.com/

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Here's the deal though... we started chatting with Ryan, our Finance Ninja, about 2 years before buying. We had a few things we needed to pay down and wanted our credit in tip top shape. We originally were not going to do the Grant Program until Ryan and his rockstar advice told us to move around some debts so that Chris could qualify on his own. We can't thank him enough. Seriously, you are missing out if you are not working with him. We had a NIGHTMARE of an experience with one of the big banks back in 2010 and working with Ryan is a breath of fresh air. He treats all of our clients like gold and is SO patient. 

Do yourself a favor and if you are thinking of moving now or in the next few years, have a quick chat with him NOW. It will only benefit you to be able to boost your credit and know that when your dream home pops up, you'll be ready! 

Contact info for Ryan Gilliam

https://www.evoaz.com/finance-questions/

If you're curious about the buying process, send me an email at Jennifer@evoaz.com or find me on Facebook and I'll hook you up with our buyer cheat sheet that goes over the process step by step. We can also meet up for coffee and I can answer all of your questions.

And if you want to start drooling at some dream homes, saving favorites, and getting a feel for neighborhoods check out our brand new MLS search at www.teamevolutionrealestate.com

Happy New Year!

-Jen Duncan a.k.a. #NewBuildNinja  -  480-707-7554  -  Jennifer@evoaz.com

Posted on January 16, 2018 .

7 Tips to Ease Your Blue Tape Walkthrough!

Our closing date came up so fast and I never got a chance to address blue tape. This is the term used when you have your walkthrough with the builder a week before closing. There are actually a few different colors of tape depending on what needs to be fixed (drywall, baseboard touch ups, stucco, etc). We did notice a lot of things that needed attention and I'm notorious for holding up the line and backing them up to point out areas that need tape. I told one of my clients recently that I have zero OCD unless I'm at a blue tape walkthrough. 

Most people would say "I don't need a Realtor with me for blue tape". That couldn't be more from the truth. A lot of people have anxiety asking for cosmetic fixes and they get caught up in the excitement that they are finally almost homeowners. Also, most of the time, people have no idea what to even be looking for. It's always a good idea to have an extra pair of eyes at your walkthrough!

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ere are some of my personal tips for your Blue Tape Walkthrough:

 

1) Make sure you eat before. This could be a 2 hour appointment and you don't want to be hangry and rushing through your walkthrough.

2) Get a babysitter!

3) Bring water just in case they don't bring you any. 

4) Bring some toilet paper because... You know!

5) Take photos of items you want to remember to check on at your final walkthrough. 

6) Bring a list of upgrades you chose. You'll often forget some of them and you want to make sure you get everything you paid for. It's also a good idea to visit the home throughout the build so you can catch major issues. I do this for my clients too! In our home the builder put in the wrong baseboards!! 

7) Get excited because you're almost homeowners!!

And of course, if you're thinking about building a new home, contact me! It doesn't cost you anything to work with a Realtor on your new build. In fact, I have coupons that will put money back in your pocket! 

Feel free to call, text, email or Facebook! I'm always happy to talk new builds.

Jen Duncan a.k.a. #NewBuildNinja

480-707-7554

Jennifer@evoaz.com

https://www.facebook.com/JenDuncanRealtor/

Posted on November 29, 2017 .

Leading, Lagging...Which Is It?

Ok Gilbert! The confusion is finally coming to an end. Gilbert has used the lagging left traffic signal forever, which gets very confusing if you travel between Chandler, Gilbert and Mesa daily. I personally have been stuck out in the middle of an intersection where I thought I would get the left turn arrow after the green, but turned out I was on the border of Mesa and Gilbert. 

Gilbert is working to change over the traffic signals to have the left turn arrow turn green before the regular green light. Here is what you need to know for the phases of this project! 

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Posted on August 29, 2017 .

It Will All Work Out!

I tend to hate that saying "What's meant to be will happen". I'm VERY impatient and don't like waiting, especially when hungry. My husband will tell you that I'm not one to mess with when Hangry. So when someone tells me that things will happen when they are meant to happen, I tend to grunt at you. It's SO true though.

We started our journey back to homeownership about 2 years ago. It was a few months after we sold our home in Chandler and become renters again. Last year we started looking at homes because we were anxious to buy again and I thought this home was THE ONE! I HAD to have it. The tree lined streets, Craftsman style, and adorable neighborhood were perfect to me. The home needed some updating, but I was down for it. Chris on the other hand, wasn't really into it. We were still torn on if we wanted to build new for a higher dollar amount or buy a resale and fix it up. I was bummed because I thought THE ONE got away. 

A few months later, the community that I had been waiting for in Eastmark opened up. They were the Parkside homes with a 3 car garage at a more affordable price point than most we had been seeing for the size. We started the process on that one and put down a lot hold. I was ecstatic that we were moving to Eastmark! The first time I drove through the neighborhood I just had a feeling we would live there. It's like a Utopia in the making! This, I thought, would be our dream home. I was a little bit bummed of settling for a Spanish style when all along I longed for that Craftsman.

However...I had been eyeballing a floor plan for over a year now admiring the long hallway. I never thought it was attainable so I didn't look into it. One day, I decided we needed to do one of our famous MOMnationAZ New Build Tours at these models. The second I saw it in person, I just knew. That was it! This is what was meant to happen. We were to sign on the other house a few days later, but I called Chris and told him "Babe, there's another house" as if I was cheating on the other one. I brought Chris back there and he said there was no question "It was the house!". We ended up getting that Craftsman style that I wanted so bad in a new build that we thought we could never have.

 

 

Without Ryan Gilliam, our rockstar lender's help, this would not have been attainable. In the end, what was meant to be, happened! If you lose out on that "perfect" home, just know that something better will likely come along!

If you're feeling discouraged or if homeownership feels like it's years away, GET STARTED NOW! It's just like dieting, most people see the after and want the results right away when in reality, this takes time. Neither Ryan or I bite, so please feel free to reach out to us now if you're thinking of buying in the future! 

-Jen Duncan a.k.a. New Build Ninja

Message me on my Facebook page or give me a call/email. (480)-707-7554, Jennifer@evoaz.com

https://www.facebook.com/JenniferduncanRealtor/

www.newbuildninja.com - Search New Builds here!

 

 

Posted on July 31, 2017 .

Want to Search a Full List of New Builds?

Boy do I have a treat for you! I remember when we were looking for our new home having to think of all the builder's names and trying to remember who was where. Well now, I have a resource for you to look up ALL of the New Build communities in the Valley. This site will allow you to save floor plans and communities!

Happy Searching!

www.NewBuildNinja.com

As always, if you have any questions about a particular builder, contact me! 

Jennifer@evoaz.com

480-707-7554

https://www.facebook.com/JenniferduncanRealtor/

#NeverGoAlone #BringYourBuyersAgent #ItDoesn'tCostAnything #AskAboutOurNewBuildCoupon

Posted on July 6, 2017 .

The Importance of a Pre-Drywall Walkthrough!

I can't believe we are already at this stage! Our new home is ahead of schedule and it's really starting to feel real!

We had our pre-drywall walkthrough recently which went pretty well. We chose to have Alati's Home Inspection come out before we met with our Project Manager to get their opinion on the build quality and any potential issues. Luckily most of the things our private inspector found were on the builders list of things to fix before drywall and stucco went on...except for one thing...

This model is famous for it's long gallery hallway or the "runway" as some call it. Because we did the option with the Guest Suite up front instead of the standard living room, it looked as though they forgot one of the columns and arches. Without it, it totally threw off the flow of that hallway. Chris didn't even notice the missing column it until I brought it up!

We pulled out the plans and brought it up to Randy, our Project Manager, that there should be a column there to match the rest of the hallway. He was really cool about it and the next day, we had a fixed column! This was SO much easier to fix before the drywall went in. Can you imagine having to rip all that out after the fact?

Sometimes people get so excited in the process that they forget to look for the small (or large) details. That is what I am there for, to be your extra pair of eyes and your advocate!  All is well and we now have Stucco and textured walls. It's really exciting to see everything happen before our eyes! 

If you have any questions about building a new home, resales or selling your home, feel free to reach out to me! Jennifer@evoaz.com, you can also message me on my Facebook Page with any questions.

-Jen Duncan a.k.a. #NewBuildNinja

Posted on June 19, 2017 .

Appraisals, What Are They and Why Do You Need One?

The Appraisal…. A word often heard and feared, but most of the time misunderstood. We’re going to dive in to why you would need a home appraisal and what the purpose is. How should I prepare for the appraiser? How much value does my pool add? What if the results are not what I expected? Does my new build need an appraisal? We coved this and more live with Gabe the appraiser, our Mortgage Ninja Ryan Gilliam and our #NewBuildNinja Jen Duncan!

Have any questions? Contact me at Jennifer@EvoAz.com

Posted on June 12, 2017 .