Essential Tips for Buying a Home in Arizona
Real estate markets vary from state to state, so it’s very important that you do your research if you are moving out of state. Knowing about local market nuances ahead of time will help you understand what to expect as a homeowner in your new state.
Additionally, finding your perfect home will be much easier once you have a better understanding of the state and its cities. If you’re working with a local realtor, this will also help him or her show you homes that align with what you are looking for.
Because I grew up in the wonderful state of Arizona and I’ve been a realtor here for many years, I understand what Arizona homebuyers need to know and how they can make the most of their home search. I love sharing these insights because I want new residents to enjoy Arizona living as much as I do. If you don’t currently live in Arizona and are planning on moving here, below are five tips you should know and leverage.
Buy a Home During the Summer Months
The Phoenix metropolitan is referred to as the Valley of the Sun, and for good reason: the region is known for its hot summers and sunny weather. Fortunately, you can use this to your advantage – especially during the summer time.
From May to September, Arizona’s population decreases as residents go on vacation and snowbirds travel back to their cooler homes. More realtors and moving services become available as result, which is great news for those who are in the market for a new house. Additionally, you will experience less competition from other homebuyers because fewer people will be searching for homes during this time. You may even be able to get your dream home at an unbelievable price.
Look For a Heatproof Home
Just because you should search in the heat of summer doesn’t mean you need to buy a hot house. In fact, by searching for a home in the summer, you can ensure that the home you buy can really handle the heat. If the realtor is taking good care of the house, it should be properly cooled during the showing. This will allow you to ensure that the central air is working efficiently.
You should also check the house for ceiling fans and dual-pane windows. Ceiling fans help circulate cool air from the air conditioner, making it easier to cool the whole house. Dual-pane windows prevent excessive heat transfer from the outside. Thick, sturdy blinds on windows are also a very beneficial and convenient feature in Arizona homes.
Additionally, if you are searching for a condo in Arizona, consider looking for ones that come with a garage that can easily fit your car. You car needs extra protection in Arizona because the summer here is much longer compared to other regions. Temperatures averaging in the 90s start in May and last through September, with heat waves into the 90s common in many other months as well. The more shade you can give your car, the better your car will fare.
Consider The Down Payment Assistance Program
Fortunately, Arizona makes it possible for people to buy a home even if they don’t have a down payment. Those who don’t yet have a down payment saved up can apply for the HOME Plus home loan program through the Arizona Department of Housing. HOME Plus loans are 30-year fixed-rate loans that cover a percentage of the down payment for people who meet specific credit and income criteria. Applicants can have incomes as high as $92,984, so this program certainly isn’t limited to only those with low incomes.
Hire Local Movers
When you do eventually find that fantastic home, let movers do the work for you. If you can comfortably afford movers, there’s no reason why you should take it upon yourself to haul boxes back and forth in summer weather. Even if the heat seems bearable at first, it can catch up with you suddenly and even cause heat stroke. Let local movers who know how to handle the heat carry everything so that you can stay cool and safe.
Work with a Trusted Realtor
Realtors work in your interest to find the best deals for you and to protect you from unscrupulous sellers. As a licensed Realtor, I follow the National Association of Realtors’ Code of Ethics and can translate ‘‘real-estate-ese’’ for you so that you fully understand what you’re buying and signing.I know Arizona’s real estate market inside and out, and I understand what every Arizona city has to offer. Whether you want to buy a home in Scottsdale, Arcadia or another part of the Valley, contact me so that we can discuss your need. The Phoenix metropolitan area is booming and continues to grow – it’s time for you to be part of it!