Should you skip the starter house?

Should you skip the starter house?

Gone are the days when a three-bedroom, two-bath starter home was the norm for first-time homebuyers. Today, many buyers are skipping that stage altogether and going straight for their dream homes. They’re buying bigger, more expensive properties with upgraded features, and they plan to live there for the long haul.

Not sure which type of property you should look for? Here are a few things to consider:

Why are you buying?
Are you mainly looking for a way to lower your monthly living expenses, or do you want a place to raise your kids and put down roots? Do you want this to be your only purchase, or are you willing to go through the process again in a few years?

What’s your budget?
Can you buy your dream home with what you can currently afford, or would that stretch your budget too far? It’s crucial to consider how much you’ll need to save for a down payment and how large of a loan you can qualify for. Your credit score and the expected interest rate will also play a factor.

How long do you plan to stay? 
Do you plan to be in the area for a long time or is there a chance you’ll need to move for your career, family or another reason down the line?

Is the market favorable?
What is the current housing inventory, and will you be competing with other buyers? Favorable market conditions mean you’ll get more house for your money, making it an ideal time to purchase a forever home.

Get in touch today if you’re ready to buy a new home. If you’re unsure about a starter home or forever home for your family, we can discuss what options are available to meet your needs and long-term goals.

Are you ready for some football????? IT’S GAME TIME!

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??? IT’S GAME TIME ??? Our yearly football contest has arrived! Have you entered to win your favorite NFL Jersey??? Watch video and see comments for details. #AFC #NFC #JoeArizona #GoCards

Posted by Joe Arizona Homes REMAX Professionals on Wednesday, August 15, 2018

Do you think you know who the Super Bowl teams are this year? Got a guess? Let’s hear it!

? Email: info@joearizona.com with the AFC and NFC team you think will be in the Super Bowl.

? If you are correct you will win a prize

? One correct entry will be drawn to win the Grand Prize, an Official NFL Jersey of your choosing.

? 1 entry per email address.

? Deadline 5pm, September 8th, 2018

 

 

Do you need umbrella insurance?

Do you need umbrella insurance?

We live in a litigious society, and for most families it would be financially devastating to experience a lawsuit. Want to protect your assets? An umbrella policy could provide the extra coverage you need.

What does an umbrella policy cover?
An umbrella policy provides additional liability protection. If someone sues you, this policy picks up where your homeowners or car insurance coverage leaves off. Coverage includes everything from legal fees to the settlement amounts associated with a lawsuit.

Umbrella insurance also covers litigation prompted by:

  • Rental property incidents
  • Malicious prosecutions or false arrests
  • Defamation of character
  • Damages for pain and suffering

Who needs extra coverage?
If you’re worried about keeping your existing net worth and future earnings secure, it might be worth looking into an umbrella policy. People with substantial assets often set up umbrella liability insurance to insulate themselves in the event of a lawsuit, but wealthy policyholders aren’t the only ones at risk. If you don’t have significant assets, the court can target your future earnings to pay off damages.

How much coverage do you need?
Umbrella policy premiums are relatively inexpensive compared to what it would cost to have your assets drained. But the more you have to safeguard, the larger the policy you may need.

To figure out how much coverage you need, first evaluate all savings, retirement accounts and physical property. Next, calculate what the potential loss of your future income would be. Finally, add these figures together to form an idea of your potential coverage amount.

No matter how much you have or don’t have, an umbrella policy can help you preserve your current and future wealth. Feel free to reach out if you have any questions.

5 Signs It’s Time to Sell Your Home

5 Signs It's Time to Sell Your Home

Have you outgrown your home? Or has your home outgrown you and your household? Fewer and fewer families expect to stay in their first or second home for the long haul. Here are some factors to determine if you’re financially and emotionally ready to sell your house:

  1. Growing or shrinking household — Are you about to welcome a new baby or take in aging parents? Maybe you’re sending your youngest off to college. In any event, if your living space has become too cramped or grown beyond your needs, it may be time to make a move.
  2. Plenty of home equity — Subtract the value of your home from the amount you have left on your loan. What’s left over is the equity — or the amount you’ll have post-sale. After you sell your home, you’ll be a buyer again, so having some funds to put down is key.
  3. Interest from potential buyers —You’ll want to list when you know buyers are looking. Some experts say late spring is the ideal time to sell, but peak seasons vary by region. Milder weather can increase buyer interest, but that also means more competition from other sellers.
  4. Changing circumstances —Location matters. Whether your neighborhood dynamics are changing, you’re unhappy with the schools in your area or a new job significantly increases your commute, your community needs to fit your lifestyle.
  5. Home improvements —Renovations may be a wise investment, but it’s best to avoid listing your home in the middle of a project. If you plan to sell your home as is, completing some minor home updates such as new paint and fixtures can be a huge selling point.

Moving is a big decision, one that requires careful consideration. If your needs have changed since you bought your home, don’t hesitate to get in touch.

Joe Bourland | RE/MAX Professionals
joe@joearizona.com
10320 W. McDowell Road
Suite B2005
Avondale, AZ 85392
Phone: 623-322-8588

RE/MAX Professionals

What are the hot home colors of 2018?

What are the hot home colors of 2018?

Color can impact the overall mood of your surroundings as well as what potential buyers feel when they step inside your home. The challenge comes in choosing the right combination for your particular space. See what forecasters are predicting and learn how to implement the hot colors of 2018.

Hues to Use
Experts from Pantone, Sherwin Williams and other companies make annual paint color predictions based on global themes. Hues such as BEHR’s color of the year, In the Moment, along with its peaceful palette, focus on people’s need to unplug from an overconnected world. Similar shades like Equilibrium and Off the Grid also promote a sense of serenity.

The Light and the Dark
Contrasting light and dark colors is a great way to create dynamism in your home decor. The lighter the shade, the more spacious the appearance. If your furniture or flooring is primarily neutral, adding dark colors to the mix can bring balance and help create attractive focal points.

Capitalizing on Color
Our mood is subtly yet consistently influenced by the colors around us. For example, soothing shades such as the powdery blue Casual Day can help you unwind and relax after a long day at work. Conversely, vibrant deep oranges like Civara invigorate and promote an optimistic tone.

Pointers for Color Pops
Both fun and formal spaces are equally enhanced by accents. Whether you use them to highlight a unique architectural feature or tie an area together, the trick is to be strategic. In design, the 60-30-10 rule is a well-known way to bring balance to a room.

Joe Bourland   Joe Bourland | RE/MAX Professionals
joe@joearizona.com
10320 W. McDowell Road
Suite B2005
Avondale, AZ 85392
Phone: 623-322-8588RE/MAX Professionals

Staging Tips for a Quick Home Sale

In real estate, staging a home and selling a home often go hand in hand. Though the process can be involved, the results are indisputable. Need some help executing an effective home staging? Browse this list of resources to help you dazzle prospective buyers and increase your chances of a quick home sale.

Clear Clutter 
Not only will decluttering your property make moving day easier, but clearing space also gives viewers room to visualize themselves living in your space. Some items you can sell or donate outright. What about the housewares or sentimental objects you want to hold on to but need to remove to optimize showings? Give them a temporary home in a storage unit or portable moving container.

Set Up Your Space 
Focus on staging the rooms that see the most action: the living room, kitchen and master bedroom. If reinventing multiple rooms in your home is too expensive, you do have the option of renting furniture and accessories. It’s a quick way to supply art for the walls, lamps to improve lighting or even an entire suite of furniture. Just be sure to sign with a furniture rental company that offers delivery and pickup as part of their packages. When you’re getting ready to move, the last thing you want is to ferry furniture between multiple locations.

Hire Help
Some homeowners aren’t up to the task of a full home staging, and that’s OK. Some selling agents offer the service as part of their contract, or you can hire an independent home stager to complete the job. The latter provide a valuable service, though it’s important to carefully assess their qualifications before bringing them on. Review their certifications, testimonials and portfolio to ensure they can help you achieve the aesthetic your home needs for a faster sale.

Professional yet personal

– Joe Bourland

Joe Bourland
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Joe Bourland | RE/MAX Professionals
joe@joearizona.com
10320 W. McDowell Road
Suite B2005
Avondale, AZ 85392
Phone: 623-322-8588

RE/MAX Professionals

3 Methods to Organize Your Home and Life

http://joebourland.myhomehq.biz/3-methods-to-organize-your-home-and-life

3 Methods to Organize Your Home and Life

We all have some level of attachment to our things. However, many of us feel as though we’re drowning in stuff. Fortunately, there’s been a growing movement toward minimalism, and there are numerous methods that can help. Below are three decluttering philosophies to help you clear out and clean up your home and life.Feng Shui — The driving principle behind this Eastern philosophy is to create harmony and balance between an individual and his or her environment. Good feng shui invites prosperity and brings an overall sense of well-being into your space. From the front door to the bathroom, small changes to color, decor and furniture arrangement are believed to promote health, wealth, happiness and good energy.

The KonMari Method — Famed Japanese organizer Marie Kondo promises that you can drastically improve your life by tidying up. In her book, “The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing,” she explains a two-step approach. First, you take all of your possessions and lay them out categorically (clothes first and sentimental pieces last). Then, you hold each item in your hand and decide whether or not it brings you joy. If it doesn’t, you let it go.

The 90/90 Rule (Minimalism) — This home organization concept also relies on a two-part process. When implementing the 90/90 rule, assess each belonging based on two simple questions: Have I used it within the last 90 days, and will I use it in the next 90 days? If not, it’s time to say goodbye.

Ultimately, there’s no shortage of ways to declutter and simplify your life. The important thing is to be willing to let go of the items that no longer serve you and make way for new experiences.

Seasonal Home Maintenance Checklist

Your home is an investment that requires ongoing maintenance to stay in tiptop shape. If you neglect annual and quarterly tasks, however, you risk overlooking potential issues that could lead to expensive repairs down the road. Stay on top of preventive maintenance tasks with a seasonal checklist and the reminders below.

Winter — To prevent pipes from bursting, drain and insulate exposed outdoor pipes and leave the water dripping inside on cold nights. Also check your boiler’s water level every now and again to make sure it doesn’t get too low.

Spring — Winter can leave a layer of grit on your home’s exterior. Get it ready for spring by cleaning windows, doors and siding with a garden hose or power washer. And while the weather is mild, have your HVAC systems serviced by a professional to keep them running at optimal efficiency.

Summer — Inspect your sprinkler system for clogs or malfunctioning heads. Keep an eye out for damaged pipes or pooling water to avoid a larger issue. Review or establish your family emergency plan and restock your disaster supply kit if necessary.

Fall — Get ahead of winter by having your chimney professionally inspected and cleaned. Make sure your smoke and carbon monoxide detectors are functioning properly and have fresh batteries. And keep your gutters clear of leaves and debris to protect your roof and foundation.

These are just a few maintenance items to stay on top of around the house. Keep up with all of your annual, monthly and seasonal to-do’s to preserve the value of your home and avoid potential headaches down the line. You’ll be glad you did!

Your home is an investment that requires ongoing maintenance to stay in tiptop shape. If you neglect annual and quarterly tasks, however, you risk overlooking potential issues that could lead to expensive repairs down the road. Stay on top of preventive maintenance tasks with a seasonal checklist and the reminders below.

Winter — To prevent pipes from bursting, drain and insulate exposed outdoor pipes and leave the water dripping inside on cold nights. Also check your boiler’s water level every now and again to make sure it doesn’t get too low.

Spring — Winter can leave a layer of grit on your home’s exterior. Get it ready for spring by cleaning windows, doors and siding with a garden hose or power washer. And while the weather is mild, have your HVAC systems serviced by a professional to keep them running at optimal efficiency.

Summer — Inspect your sprinkler system for clogs or malfunctioning heads. Keep an eye out for damaged pipes or pooling water to avoid a larger issue. Review or establish your family emergency plan and restock your disaster supply kit if necessary.

Fall — Get ahead of winter by having your chimney professionally inspected and cleaned. Make sure your smoke and carbon monoxide detectors are functioning properly and have fresh batteries. And keep your gutters clear of leaves and debris to protect your roof and foundation.

These are just a few maintenance items to stay on top of around the house. Keep up with all of your annual, monthly and seasonal to-do’s to preserve the value of your home and avoid potential headaches down the line. You’ll be glad you did!

 

Joe Bourland
zillow plus linkedin facebook twitter yelp
instagram realtor blog company oe_logo_circle

Joe Bourland | RE/MAX Professionals
joe@joearizona.com
10320 W. McDowell Road
Suite B2005
Avondale, AZ 85392
Phone: 623-322-8588

RE/MAX Professionals