GET STUFFED phoenix delicacies GARAGE BOUTIQUE A fun place that features soft-
A Monthly Newsletter Providing Comprehensive News and Information Regarding the Real Estate Market.
Top 5 Priorities for Home Buyers:
serve ice cream, a candy bar, and an old school soda bar.
Pick 5 Priorities: Do you want a
they can get that in Scottsdale or the
Ask about the report card
modern or historical home? Are you
Arcadia area of Phoenix. But buying
looking for a two-story or a single-
in Gilbert or Chandler will give them
level? Is a pool a priority? Put togeth-
all of that plus more for their money.
er list of priorities. This helps prepare
Is Bigger Better?
your realtor for your home search.
think about their needs first.
program. 7144 E. Stetson Dr., Scottsdale www.garageboutique.com ESSENCE BAKERY
Buyers need to Sure
a larger home may be exactly what
Experience the most yummy, flakey croissants in Phoenix.
All about Location: Location makes
they need, but they should not limit
They have sweet and savory
a difference for many buyers. But
themselves to square footage when
buyers need to understand why a
thinking about size. A larger house
particular location has appeal. If it
may have a lot of wasted space, while
is because the area is near work, that
a smaller home with a great floor plan
may be a fixed factor. But if family
may make very good use of space.
options to please any palate. 825 W. University Dr., Tempe www.essencebakery.com BARRIO CAFE
members think they need to live in a
Enjoy authentic southern Mexico cuisine and original chef creations. Be sure to try the table side guacamole, it’s absolutely amazing! 2814 N. 16th St., Phoenix www.barriocafe.com
specific school district, they should
Wants vs Needs: Consider those
think again. Arizona’s open-enroll-
things essential to everyday life when
Set your Budget: Most people are
ment policy allows students to live
sorting through wants and needs. One
restricted in what they can pay, limit-
outside of a district and still attend the
person’s pleasure (a 1-acre lot) is
ing their choices. Start by meeting
school of their choice.
another’s pain (mowing the lawn),
with a lender to see what you’re most comfortable spending.
but it is all part of the prioritizing that If buyers like a home’s proximity to
takes place throughout the homebuy-
fine restaurants and upscale shops,
GINA KENT, REALTOR
Gina@theGKgroup.com 480-266-0982 cell www.theGKgroup.com
2500 S. Power Rd., Mesa, AZ 85209 480-854-2400 tel. www.integrityfirstrealty.com
MAY EVENTS Every Sat. in May Breakfast with Elephants Phoenix Zoo 455 N. Galvin Pkwy., Phoenix
Should sellers make repairs before listing their home? An all-too-common dilemma faced by
possible. Usually the repairs and main-
sellers before putting their house on
tenance on your home does not take a
the market: Do they spend some money
lot of money. However, if a buyer walks
to fix things up, or should they offer
into a home that needs new carpet and
a potential buyer a credit, such as the
paint, the amount gets magnified in
often-used “carpet allowance”?
their mind. A buyer will see a $10,000 repair, when in fact it is only a $3,000
$50/pair ($30 members)
Allowances are a last case to go to
May 10-11 & 17-18
the nicest buyers will want to bargain
If your fix up budget is nonexistent,
and get the best deal in town. If a buyer
having the home cleaned and spotless
sees a $5,000 carpet allowance, a buyer
will need to be your top priority! If
will automatically go into the negotia-
maintenance and repairs have not been
tion process with a different mindset....
made and they cannot be done before
it’s human nature.
the home goes on the market, then
Peach Festival Schnepf Farms at 24810 South Rittenhouse Road in Queen Creek runs May 10, 11, 17, and 18 from 7:30 a.m. until 4 p.m. with free admission.
fix. It happens all the time!
option when selling your home. Even
make sure and be realistic with your
So forget the allowances and fix things
pricing. Do not expect top dollar for
up the best you can. In order to sell your
your home if it is not in prime condi-
home for the most amount of money in
tion. As a seller, always remember to
the least mount of time, you will want
put yourself in the buyers shoes. Would
your home to be as turn key ready as
you buy your house?
Cirque de la Symphonie Phoenix Symphony Hall 75 N. 2nd St. 2:30pm $11-$19 May 25 Schoolhouse Rock Live Updated songs for a whole new generation, presented by Childsplay. 1 & 4pm Sat, 1pm Sun. $15 & up. Tempe Center for the Arts, 700 W. Rio Salado Pkwy, Tempe. www.childsplayaz.org. May 31 AJ’s Summer Wine Tasting Enjoy live music and silent auction. Held at the Scottsdale Museum of Contemporary Art. 2pm $35 per person.
GILBERT MARKET TRENDS
A R E A C O M PA R A B L E S AT A G L A N C E
1 Price increases are on the horizon. Home prices are projected to appreciate by 4.5% this year and by over 19% from by 2018.
1314 E. Treasure Cove 6 bed 4.5 bath Currently listed at $1,000,000
1411 E. Coral Cove Dr. 5 bed 4.5 bath Currently listed at $865,000
1449 E. Catamaran Dr. 5 bed 3.5 bath Currently listed at $600,000
1450 E. Catamaran Dr. 5 bed 3 bath Currently Listed at $474,000
2325 E. Beachcomber 4 bed 3 bath Currently Listed at $399,900
2841 E. Nunneley Rd. 4 bed 2 bath Currently Listed at $333,000
2920 E. Cathy Dr. 5 bed 3 bath Currently Listed at $309,900
509 W. Amoroso Dr. 3 bed 2 bath Currently listed at
1802 E. Cascade Dr. 4 bed 3 bath Sold for $450,000
1862 E. Catamaran Dr. 3 bed 2 bath Sold for $425,000
1831 E. Monarch Bay 4 bed 3.5 bath Sold for $654,000
1210 S. Parkcrest Ct. 4 bed 3 bath Sold for $240,000
2 Owning creates family wealth. The Federal Reserve did a study that revealed the net worth of
the average homeowner is 30 times greater than a renter.
3 Interest rates are projected to rise. The Mortgage Bankers Association, the National Association of Realtors, Freddie Mac and Fannie Mae have all projected that the 30-year mortgage interest rate will be over 5% by the spring of 2015.
D OLD D D L L L O S S SO SO
Why Use a Real Estate Agent? Deciding to Buy:
Finding a Home:
Due Diligence & Inspections:
The housing market post-crash is a tricky
An experienced real estate agent has up-
The initial agreement is only the begin-
one. Real estate agents help you navigate
to-date info on what is happening in the
ning of the process. Appraisal, inspection
foreclosures, short sales, tighter lend-
marketplace including pricing, financial
and financing all pose as possible pitfalls
ing standards and a whole host of other
terms, and trends in the market.
in a real estate transaction. A real estate
Make an Offer:
agent gives objective professional advice to resolve issues and move a transaction
Good real estate agents are experienced
A real estate agent already has contact
negotiators and have a mastery of details:
with local lenders. They can help you
helping you complete a real estate trans-
find a reputable local lender who will
action that encompasses a win-win price,
An agent understands the closing paper-
provide good service and act in your best
transaction details like preferred time
work and knows what to look for regard-
lines, financing details and other impor-
ing closing costs, tittle insurance, pro-
rations and other fees that come up at
A LOVING HOME 21126 E. Saddle Way, Queen Creek, AZ 85142
features a breakfast bar
want to miss this love-
with gas appliances. All
ly, recently remodeled,
bedrooms are complete
single level home that
with plush carpet and
is located near a cul-de-
warm wall tones. The
sac! The eat in kitchen
master bedroom leads
off the backyard, with a full bathroom featuring a dual sink vanity, tub and walk in closet. This home is a must see and won’t last long, contact us today to schedule a showing! PROPERTY DETAILS
Approx. 1859 Sq. Feet 3 Bedrooms 2 Bathrooms Mstr Bdr Walkin Clst Refrigeration Air Covered Patio Grass & Desert Landscaping Granite Countertops Large Private Yard Black Appliances Washer/Dryer Included
The Gina Kent Group Each Keller Williams® Office independently Owned & Operated If you are currently working with another Broker please do not consider this a solicitation.
2500 S. Power Rd., Suite 121 Mesa, AZ 85209