Delving into the real estate market for the first time can be a very intimidating thing with all of the mortgage and housing options available. Whether it’s market conditions or the amount you should be spending, there are a number of factors you’ll need to be aware of. If you’re just starting out and not sure where to begin, here are some points to consider that will set you on the right path.
Is It The Right Time To Buy?
Many people try to time the market, but the right time to buy a home is when it works for you. If you have a solid down payment and you’re truly prepared for home ownership, it’s probably the right time to start looking. While a good home and low interest rates can certainly push you in this direction, if it’s not quite the right time, hold off until it’s right for you.
What’s Your Payment Plan?
It’s easy for a first-time buyer to be taken in by their dream home, but it’s important to be clear on all the costs associated with home ownership like property tax, insurance, maintenance and other fees that will bump up the monthly payment. If you can formulate a budget that includes all of your monthly costs and is feasible in the long term, you’re good to go.
What Documentation Is Required?
Having your personal documentation in order and available will be one of the most important steps in your application, but there are a number of things you’ll need. Beyond recent paystubs, tax returns and bank statements, you’ll also need your credit report, so take a look over it to ensure that it’s correct and displays your financial history in a positive light.
Starting the Search
You may be ready to move as soon as you start looking, but buying your first home can be a rather lengthy process. Instead of being sucked in by too much house or taking the first home that appeals to you, ensure that you have a good sense of the size, neighborhood and style of house you want so you can get out there and find the home that works for you.
There are a lot of things to consider when it comes to buying your first home, but by being ready to invest and having your finances in order you’ll be well on your way. If you’re currently in the market for a home, give me a call, I’d love to help – J.P. Cook – 602-320-4253.
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37926 N Neatwood Drive
San Tan Valley, AZ 85140
$508,990
5
Beds
4.5
Baths
3,131
SqFt
Status
Active
MLS #
6699245
Property Type
Single Family Residence
Price Type
--
Beautiful NEW Home in PRIME San Tan Valley location, close proximity to Queen Creek and other major cities. JULY 2024 MOVE-IN! Prime lot bordering common area, overlooking scenic desert views. Featuring countless upgrades such as 9' ceilings, Shaw Ceramic Tile Floors, Granite countertops in the kitchen. Whirlpool Stainless steel appliances and white cabinetry. Washer and Dryer included. Energy-efficient features throughout, Wi-Fi & programmable thermostat, and electric range. Spacious walk-in closet in owner's suite! Front yard landscaping with irrigation included and generous covered patio in the backyard. Minutes from hiking trails and scenic mountain views! Fantastic proposed amenities include community lake, parcourse stations, bike loops and racks, ramadas, shaded play structures, great park area including large community pavilion, BBQ grills, picnic tables, pickleball court and open space areas. Located near Queen Creek, highly rated schools and easy access to shopping centers, dining options and entertainment venues.
5544 W Willow Ridge Drive
Laveen, AZ 85339
$508,990
5
Beds
3
Baths
2,668
SqFt
Status
Active
MLS #
6679551
Property Type
Single Family Residence
Price Type
--
Beautiful Brand New Home in a Highly Desirable Central Location - Featuring countless upgrades such as 9' ceilings, Shaw - Milan - Surf 17x17 Tile, Granite countertops in the kitchen. Whirlpool Stainless steel appliances. White cabinets. Energy-efficient features throughout, Programmable thermostat, gas heater, gas range. Spacious walk-in closet in owners suite. Front yard landscaping, covered patio in the backyard. Spectacular Mountain Views! Minutes from downtown Phoenix in a master-planned community featuring walking trails, greenbelts, neighborhood parks and playgrounds. Conveniently located off the Loop 202 and near schools, shopping and dining!
5029 N 83rd Street
Scottsdale, AZ 85250
$508,900
2
Beds
2
Baths
1,896
SqFt
Status
Active
MLS #
6684424
Property Type
Townhouse
Price Type
--
Fully upgraded beauty in heart of Scottsdale. Minutes from Fashion Square Mall is sitting this gorgeous oversized townhouse with 2 bedrooms, 2 baths. Remodeled designer home to be yours now.
4955 W Karl Street
San Tan Valley, AZ 85144
$508,390
4
Beds
2.5
Baths
2,343
SqFt
Status
Active
MLS #
6692801
Property Type
Single Family Residence
Price Type
--
MOVE IN READY, brand new energy efficient home! Lark, where the perfect blend of functionality and elegance comes to life. This stunning home boasts 4 bedrooms and 3 baths, plus a bonus space for office, play area or workout room. A standout feature of the Lark is a private bath in one of the bedrooms that could be used for an in-law space. The heart of the home is the kitchen, where the island takes center stage, as a practical social hub where family and friends can gather. The kitchen comes white cabinets, granite counters and a generous amount of tile, overlooking the great room, creating an inviting atmosphere. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.
12238 W Candelaria Court
Sun City, AZ 85373
$508,000
3
Beds
2
Baths
1,995
SqFt
Status
Active
MLS #
6699037
Property Type
Single Family Residence
Price Type
--
Look at this NON age restricted DREAM home situated on a NICE cul-de-sac lot with North/South exposure. This CHARMING home built in 2020 boasts 1995 SF. w/ a GREAT ROOM, 3 SPACIOUS bedrooms, a versatile FLEX ROOM, & 2 Baths. The Kitchen has plenty of storage w/ a LARGE Quartz Island and plenty of seating ideal for Entertaining Family & Friends. The SPACIOUS Primary Bedroom has a Beautiful TILED Shower & LARGE Walk-in closet. Step outside to the FULLY Landscaped backyard and Covered patio. There's plenty of room in the Tandem 3-car garage. This Home is conveniently situated next to a LUSH common area greenbelt, offering a BBQ Grill & Picnic table seating. WONDERFUL location in the Peoria School District with EASY access to the 303, Shopping, Restaurants, and SO MUCH MORE! Welcome Home!
5075 N Granite Reef Road
Scottsdale, AZ 85250
$508,000
3
Beds
2.5
Baths
1,608
SqFt
Status
Active
MLS #
6686944
Property Type
Townhouse
Price Type
--
Very Few 3-Bedroom options available for sale in Scottsdale at this price point! Light and Bright Scottsdale Townhome - 3 Bedrooms/2.5 Bathrooms - Amazing Interior Location away from the street and across from Community Pool - Move-In-Ready - Centrally located in Scottsdale Less than 5 Miles from Sport Fields, Shopping, Parks, and Entertainment including Old Town Scottsdale - New Wood-Look Tile Flooring in Downstairs Common Areas in 2023 - Updated Primary Bathroom in 2022 - New AC Unit in 2022 - New Roof in 2023 - Large Patio Perfect for Entertaining - Two Assigned Parking spaces - Assigned Storage Unit - Perfect Primary Home or Lock and Leave! Welcome Home!
21387 N Elba Road
Maricopa, AZ 85138
$507,995
3
Beds
2.5
Baths
2,500
SqFt
Status
Active
MLS #
6693439
Property Type
Single Family Residence
Price Type
--
The ranch-style Cassandra plan showcases an open layout with a great room, a breakfast nook and a large gourmet kitchen. The owner's suite is adjacent, and boasts a generous walk-in closet and an attached bath with a large walk-in shower. Two additional bedrooms flank a full bath, and the nearby private study and powder room finish off the interior.
35079 N Lead Way
San Tan Valley, AZ 85144
$507,995
3
Beds
2.5
Baths
2,331
SqFt
Status
Active
MLS #
6686636
Property Type
Single Family Residence
Price Type
--
Check out this stunning move-in ready home! The enormous kitchen boasts name-brand appliances, upgraded countertops, and ample cabinet space. The second-story loft offers an open space ideal for families. A private flex space extends the possibilities of this home, creating plenty of space for personalization. Pristine walking and biking trails showcase everything this community has to offer.
7775 N 57th Avenue
Glendale, AZ 85301
$507,990
5
Beds
3
Baths
2,354
SqFt
Status
Active
MLS #
6680214
Property Type
Single Family Residence
Price Type
--
What a great opportunity, this 5 bedroom, 3 bathrooms, 2 car garage home is located in a quite cul-de-sac just across from children playground, park & walking distance to shopping area. The home features an open and bright living room with a bedroom and full bathroom down stairs, 20'' ceramic tile through the first floor, eat-in kitchen with granite countertops, breakfast bar, pantry. Wood flooring stairs leads to a huge loft, the other 3 bedrooms & main room with a full bathroom double sinks, walk-in closet. Easy to maintain backyard with Synthetic grass, sitting area, Arizona room & storage shed. Don't miss this one!!!!!
2511 W Queen Creek Road
Chandler, AZ 85248
$507,500
2
Beds
2
Baths
1,346
SqFt
Status
Active
MLS #
6693596
Property Type
Apartment
Price Type
--
This condominium combines luxury living with convenience, offering a sophisticated lifestyle with easy access to work, leisure, and everyday needs. It's ideal for professionals looking for a balance between work and personal life in a vibrant community setting. Views of city lights and mountains, enhancing the living experience. New carpeting in the main bedroom. Blackout drapes and drapery rods in the main bedroom for privacy and light control. Custom paint in various parts of the unit including the kitchen, entry, main bedroom and bath, and guest bath. Light filtering drapes in the living room that allow natural light while providing privacy. Custom California Closets in both the main and guest bedrooms for optimized storage. Pull-out shelves in kitchen cabinets and a dual garbage can pull-out system for convenience. Newly installed stacked LG Washer & Dryer in the laundry closet, creating additional shelf space. Water softener and water filtration system at the kitchen sink connected to the ice maker in the refrigerator for clean, purified water. Walk-in pantry for ample food storage. Low maintenance LVP flooring that is durable and easy to clean. Two (2) parking spaces with storage cage for additional security or storage. This extensive list of features clearly positions the property as a luxurious and convenient choice for prospective buyers offering comfort, efficiency, and stunning views in a prime location. Proximity to Dining and Entertainment: The ability to walk to nearby restaurants, entertainment venues, and a farmer's market enhances the living experience by providing leisure and shopping options right at your doorstep. Located close to significant tech companies like Intel and Northrop Grumman, and within the Price technology corridor, which could be particularly attractive to professionals working within these sectors. This condominium combines luxury living with convenience, offering a sophisticated lifestyle with easy access to work, leisure, and everyday needs. It's ideal for professionals looking for a balance between work and personal life in a vibrant community setting.
18458 W Villa Hermosa Lane
Surprise, AZ 85387
$507,367
5
Beds
4
Baths
3,045
SqFt
Status
Active
MLS #
6649790
Property Type
Single Family Residence
Price Type
--
Below Market Interest Rate Available! New Build Home. 5 Bedrooms, 4 Baths, LOFT, 3 Car Garage with 8ft Garage Door. VERY Open Floor Plan. SUPER GREAT ROOM. Kitchen Island with Beautiful Back splash, walk in Pantry. Primary Bath has Garden Tub and walk-in shower. Tile throughout, carpet in bedrooms only. Patio on back of home. This home is located in North Copper Canyon that offers a community pool and many other amenities. High Performance Home with smart technology, makes it so you can truly live in your element!!
