Your Tax Return: Bring it Home

Your Tax Return: Bring it Home | Simplifying The Market

This time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question – “What do you plan on doing with your tax refund?”

The results of the survey were interesting. Here is what they plan to do with their money:

  • 41% – Put it into savings
  • 38% – Pay off debt
  • 11% – Go on a vacation
  • 5% – Make a major purchase (car, home, etc.)
  • 5% – Splurge on a purchase

Upon seeing the research, The National Association of Realtors (NAR) wondered if this could help with a constant challenge cited by many people who wish to purchase a home – saving for the down payment.

In a recent post in NAR’s Economists’ Outlook Blog, they explained:

“With a sizable tax refund, the average American would have a decent down payment depending on which region or market you live in.”

They went on to add:

“Approximately 5 percent of all respondents indicated they would make a major purchase which does not seem like a lot. However, there is a bigger group 41 percent who see saving the tax return is best and that group could be potential home buyers if they are not already.”

In other words, putting that money toward purchasing a home is a form of savings.

Bottom Line

When one considers that first-time home buyers in 2016 had an average down payment of 6%, a decent tax return could go a long way toward the necessary funds needed for a down payment on a house. Or perhaps, the down payment needed by a son or daughter to make their homeownership dream a reality. How are you going to spend your return?  Give me a call for some ideas – J.P. Cook – 602-320-4253.

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9985 N Pinal Avenue Casa Grande, AZ 85122

$35,900
1 Bed
1 Bath
405 SqFt
Status Active
MLS # 6660441
Property Type Manufactured Home
Price Type --
Discover your perfect retreat in this 1-bed, 1-bath home situated within a vibrant 55+ community. The open layout bathes the living spaces in natural light, creating an inviting ambiance. Step onto the covered patio to relax amidst the tranquil surroundings. Inside, an upgraded bathroom adds a touch of luxury, while fresh interior paint enhances the modern appeal. Outside your doorstep, indulge in community amenities including a pool, spa, dog park, horseshoe pits, and fire pits. Experience the perfect blend of comfort and leisure in this welcoming 55+ community.

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$35,800
3 Beds
2 Baths
1,525 SqFt
Status Active
MLS # 6612367
Property Type Single Family Residence
Price Type --
GREAT OPPORTUNITY TO REHAB FOR OWNER OR FOR INVESTMENT!

4065 E University Drive Mesa, AZ 85205

$35,750
2 Beds
1 Bath
896 SqFt
Status Active
MLS # 6651814
Property Type Manufactured Home
Price Type --
How cute is this 2BR 1 Bath home in a sought after 55+ Manufactured home park. It's all here! Completely furnished down to the dishes! Enjoy activities in two clubhouses where you can gather for potlucks, card games, use the billiard room, the fitness center play pickleball, or just relax by the pool. The remodeling that has been done includes flooring, shower and vanity in bathroom, counter tops, and a newer microwave. The ceiling fans add to the ''coolness''. Let's add a large screened in Arizona room that has been rebuilt with double underneath floor supports & new steps. The outside and shed has new paint. On the roof you will find a brand new coating that will last. The backyard has a block wall fence for more privacy. You MUST see this one!

2401 W Southern Avenue Tempe, AZ 85282

$35,500
2 Beds
1 Bath
800 SqFt
Status Active
MLS # 6404192
Property Type Manufactured Home
Price Type --
Outdoor living at its finest with multiple patios, beautiful white fences,very private veranda two big sheds. Curb appeal for this adorable mobile home in a gated 55+ community with 24/7 guardhouse. Windows in house are dual windows. Beautiful floors and vaulted ceilings in family/dining room. The eat-in kitchen has stainless steel appliances and a wine rack as island. Generous sized bedrooms, inside laundry, car port. Many community amenities and close to freeway.

21111 W Dnp Test Listing Row Tempe, AZ 85282

$35,000
2 Beds
2 Baths
1,850 SqFt
Status Active
MLS # 6621982
Property Type Manufactured Home
Price Type --
ARMLS Brand Team's Test Listing - DO NOT EDIT

11 Mar Bermejo -- San Carlos 85550

$35,000
2 Beds
2 Baths
1,023 SqFt
Status Active
MLS # 6631040
Property Type Apartment
Price Type --
Fractional Ownership. **NOT A TIME SHARE** Enjoy the benefits of owning a vacation property without the hassle and expense of full ownership with this fully furnished, 1023 sqft condo with 2 bedrooms, 2 baths, and a kitchen with all appliances, granite countertops, and an island. The BAHIA unit also includes 1 parking space. Fractional ownership gives you the flexibility to use your property, to rent it out when you are not using it or sell your share for profit. It's a great way to own a piece of paradise without breaking the bank. Please call for more details.

16005 N 32nd Street Phoenix, AZ 85032

$35,000
1 Bed
1 Bath
714 SqFt
Status Active
MLS # 6559342
Property Type Manufactured Home
Price Type --
Charming and cozy 1b/1b in an age-qualified (55+) community. Enjoy afternoon breezes and view of the McDowell Mtns on roomy deck. Home was renovated 2022- 2023. Upgraded electrical outlets, appliances, roof recoated, replaced main exterior doors, windows sealed, and new hot water heater, new wall-mount A/C in living room. Easy access to the 51 and 202. Park is a clean, quiet, and larger-pet friendly community- with a pool, spa, clubhouse, and full-time manager. Near Phoenix Mtn Preserve one way and Paradise Valley Park the other, Grocery and fast food, or unique dining spots to check nearby. Seller-carry details available upon request.

7591 W Battaglia Drive Casa Grande, AZ 85193

$35,000
1 Bed
1 Bath
580 SqFt
Status Active
MLS # 6631604
Property Type Manufactured Home
Price Type --
Extensively renovated 1BR+ DEN with New Metal Roof, Siding, Windows, Walls, Electrical Panel, Water Heater, Window & Portable AC Units, Flooring, Paint. Adorably Adorned with Laminate Flooring, Wood Accented Ceiling, Enclosed Patio, Synthetic Grass, Pavered Patio & Shed. Located in the Wonderful Adult Living Community of High Chaparral RV Mobile Home Park with it's many amenities: Clubhouse w/Full Kitchen, Heated Pool & Spa, Library, New Laundry Facility, Sports Complex, Pavilion, Pickleball Courts, Shuffleboard Courts, Horseshoes, Fire Pits & lots of Planned Activities! $450 Monthly Land Lease Fee includes Water, Sewer & Trash. Must Prequalify with Park for Land Lease Approval.

2460 E Main Street Mesa, AZ 85213

$35,000
3 Beds
1 Bath
550 SqFt
Status Active
MLS # 6657875
Property Type Manufactured Home
Price Type --
Well kept home with a relaxing backyard, in the gated, 55+ community of Trail Riders Ranch! This home has hard floors throughout, a new roof over the addition, ample sunlight, and citrus trees out back! This home has plenty of room to make it your own! All of the furniture stays, simply pack your bags and move in! Central Air, Furnance & Water Heater all replaced in 2020!

1150 N Delaware Drive Apache Junction, AZ 85120

$35,000
1 Bed
1 Bath
952 SqFt
Status Active
MLS # 6676621
Property Type Manufactured Home
Price Type --
Check out this mobile home in the 55+ Golden Acres Mobile Manor Community! This single-wide unit offers a spacious living room for entertainment, wood-look and tile floors, neutral paint, and abundant natural light. The eat-in kitchen has tile counters, ample cabinets, and the essential appliances for your cooking. You'll love the sizable bedroom boasting two spacious closets for your entire wardrobe. In the bathroom, you'll find a tub/shower combination for added comfort. Don't miss out on the carport space and the laundry room with a utility sink, window A/C unit, and built-in cabinetry/desk to use as a workshop area. Great retirement property!

9736 E Main Street Mesa, AZ 85207

$35,000
1 Bed
2 Baths
5,585 SqFt
Status Active
MLS # 6688193
Property Type Manufactured Home
Price Type --
1 BR, 2 bath home with a formal living room attached . In-home stackable washer and dryer, 2 new mini-split systems for A/C and Heat! the park has community laundry. The kitchen boasts a pantry and residential refrigerator. Features a large, screened, and covered patio/carport, great for entertaining and working on hobbies. Century Plaza has a community pool, clubhouse, dog park, and picnic area. 55 Plus Active Adult Community. All furnishings included!!!

8700 E University Drive Mesa, AZ 85207

$35,000 - 1Br/1Ba -  for Sale in Viewpoint Rv And Golf Resort, Mesa
New
$35,000
1 Bed
1 Bath
700 SqFt
Status Active
MLS # 6702217
Property Type Manufactured Home
Price Type --
Huge covered patio. Bonus/guest room is currently set up as a TV/living room. Shed/workshop with laundry. The community has an 18 hole and 9 hole golf course, heated pool and spa, a clubhouse, tennis/bocci/shuffleboard/pickleball courts. Plumbing fixed by a bonded, licensed and insured contractor. This home is move in ready and priced to sell!

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