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Elite Results Realty Blog

Thursday, October 14, 2021   /   by Vyral Marketing

3 Reasons to Get Pre-Approved Before Buying

Here’s why you should get pre-approved before looking at homes.

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Why is it important to get pre-approved before viewing properties? There are three main reasons:
First, you need to know how much you qualify for and can afford. Your lender will tell you how much you qualify for based on a combination of your credit score, income, and debts. How much you can afford solely depends on what fits into your monthly budget for living expenses.
Second, getting pre-approved early will help you identify all of the property’s purchasing costs before growing attached to it. When sellers have multiple buyers interested in their home, they can be pickier with who they allow to walk through it. Many sellers don’t want to allow buyers to walk through their homes without a pre-approval letter or documented proof of funds.
"You need to know how much you qualify for and can afford."

Third. ...

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  buying a home

Thursday, September 30, 2021   /   by Vyral Marketing

How Fall Will Affect Our Market

This is what we can expect from our market heading into fall.

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What can we expect in the real estate market this fall? With the temperature starting to cool and the leaves changing — Oh, wait, we don’t have any of that in Arizona. With the cacti staying the same and the kids going back to school, fall is upon us.
"The number of sales drops this time of year, but we still have plenty of people buying and selling."

Spring is typically our hot market as everyone tries to get into a home before summer. Now that school has started, we can expect the demand for single-story homes to grow as the snowbirds, who tend to like more accessible houses, come back into our market.
The number of sales drops this time of year, but we still have plenty of people buying and selling. If you are looking to buy a home, now is a great time since the inventory tends to pick up this time of year, and. ...

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  market updates

Monday, September 13, 2021   /   by Vyral Marketing

How To Use Good Debt to Your Advantage

An explanation of the difference between good debt and bad debt.

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Most people think of debt as something you want to avoid, but is this always the case? Today we want to talk about the difference between good debt and bad debt.
The main question you should ask yourself is, “Does this debt pay for itself?” If the answer is yes, then it’s good debt. Most consumer loans, such as credit cards, car payments, and payday loans, are what we would consider bad debt because they do not pay for themselves. A trickier example is student loan debt. If the education nets you a high-paying job, then it could be considered good debt. However, this is not always the case.
"People think you need a ton of money to invest in real estate, but that's not necessarily true."

Most financial experts would consider home loans to be good debt because you replace what you would pay for rent wi. ...

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  buying a home, real estate investing

Friday, August 27, 2021   /   by Vyral Marketing

How Property Management Services Benefit Landlords

Learn more about the upsides and downsides of property managers.

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If you own an investment property, you’ve probably wondered about whether you should hire a property management company. A property manager takes a lot of landlord-related processes off your plate, as they collect rent, handle maintenance requests, help with evictions, and much more. Here’s a little more information about how they help with each of these tasks:
Across the board, your property manager serves as the main contact for your renters. They handle rent payments, often by offering an online payment portal. This helps you avoid having to chase down checks each month.
Another great benefit involves maintenance problems. Nobody wants to get a call in the middle of the night about a broken toilet, but with a property manager, you won’t have to worry about it. The property manager handles maintenance requ. ...

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  real estate investing

Friday, August 13, 2021   /   by Vyral Marketing

Why You Should Avoid Overpricing or Underpricing Your Home

Overpricing or underpricing your home can be disastrous for sellers.

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In our market, most homes are still getting multiple offers and quickly selling for above asking price. However, we’re starting to see some homes coming onto the market that are priced a bit too high, and they end up sitting unsold.
When a home’s already overpriced, it’s rare that a buyer will offer to pay more. The home may still get offers, but they’ll be well below asking price. Often, they end up selling for much less than they would have if they were priced correctly.
"Pricing a home too high or too low can cause a seller to scare off buyers who would be willing to pay a maximum price for their home."

Some homes are also being underpriced, which creates large bidding wars and causes some buyers to get discouraged and fatigued. They may not even make an offer when they hit this point.
As yo. ...

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  selling a home

Elite Results Realty
Rob Hale
1744 S. Val Vista Dr Ste 206
Mesa, AZ 85204
480-845-0048

© 2021 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Elite Results Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. October 15, 2021
© 2021 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Rob Hale - Elite Results Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. October 15, 2021
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