Tips On Picking "Sleeper" Real Estate Property

Real estate investing is all about perception. Your perception of where the market is going, in conjunction with where it’s actually going. The aim, as always is to buy low and sell high.

You want to buy a cheap tract of dirt and sell it as a high priced piece of developed real estate, after it’s appreciated enough to turn a tidy profit. Selling the property is an art in and of itself.

Buying an initial tract of dirt lends itself to some solid, rational guidelines:

First, look at trend lines for housing prices in your area. While most housing markets are in decline (and the housing markets in Florida and California are adjusting from more than a decade of over-valuation), there are markets where the housing prices are going up. This is a decent leading indicator that there’s a market for expansion.

Second, look for job related news. Home purchases require a steady source of income. New employers moving into a city, or a government branch office opening up are a strong indicator that good, well paying jobs are likely to come up. Where well paying jobs roost, home purchases follow.

Related to this, talk to your local city planning office. Are there recent purchases of „right of ways“ to lay down sewer lines? Is the local telephone cable making plans to run out fiber optic lines – a „must have“ trend in new home construction. These things point to areas where home growth is immanent. Other big tip offs are school bond issues (found in your local news paper) and new parks being opened up.

Before you look at the land, check out the adjacent commercial real estate usage. Look for „family friendly“ or „residential friendly“ commercial properties: Houses that are close to grocery and clothes shopping tend to fetch a higher price than ones that are farther away. If there’s a movie theater nearby, or plans for an elementary or middle school, factor that into the size of the homes you build, and what their amenities will be; buyers looking for those features are looking for „mover upper“ homes – with a bit more floor space, and two (or three) bedrooms for the kids. Other spots to look for are anchor stores, like Wal-Mart and Best Buy. These companies spend millions on surveys of purchasing patterns before buying a store location; if they’re buying a plot of land, you’ve got about a year to a year and a half window to look into nearby real estate for single family residential and rental residential properties.

You can even flip this on its side – if you can talk to a group of commercial real estate investors, building a shopping center as the nucleus for home development is also a viable combined strategy. This also applies to highly urban areas. Many downtown areas that have been abandoned by businesses can be converted to apartment buildings, and some of the older housing projects are being torn down for mixed-use spaces with combined commercial and residential areas. In particular, you can often get block grants to help with the financing on projects like this, and there are programs from HUD that can help out a great deal with „urban renovations“.

Another source to investigate is the demographics in your area. Look at the US Census figures (and local county figures) for median age, and median birth rate per capita. You want to invest in areas where the population is growing already. High skews in the ’40s and ’50s indicate that you’ve got a bunch of people who are going to retire soon, and retirees are highly prone to selling properties off. Places to watch carefully are most of the urban parts of California, and great swaths of the rural Midwest, where demographic trends have been changing entire towns since the 1950s as the country’s population has shifted to urban areas.

If there’s a local planning council, or urban development council, make it a point to get the minutes of all the meetings from the past year. The city council offices will have them on file as a matter of public record. Also try to get into the next range of meetings as an observer. Discuss with the city and county managers where they see housing and construction trends moving. What you’re looking for is real estate that will be desirable in two to three years; look at road planning atlases, and look for all the data you can find. Also look for real estate that will be scenic – lake front property is as close to a guaranteed bet as you can get in real estate investing, particularly if there’s a lake that’s at the „far end“ of a development axis. Likewise, if there’s land that the city council is looking to acquire for parks, buying the adjacent lots now means you’ll be able to sell them later.

Lastly, talk to the professionals in your communities. Talk to architects who can tell you if they’re busy or not. Maintain professional contacts with engineers, bankers and attorneys. They will usually know about projects well before the general public. Also make a habit of reading the local newspaper’s business section. Often times, the first clue that a business may move in to your area is buried at the bottom of a column on page 8.

Using the guidelines suggested above will help you to find „sleeper“ raw land properties. These „sleeper“ properties are perfect for the buy low, sell high strategy used by successful commercial real estate investors.

Immobilienmakler Heidelberg

Makler Heidelberg

What Could You Possibly Put On Your Real Estate Blog

Are you running out of creative juice for your needed daily or weekly blog? Are you having some sort of repetitions just after two months or so? If you are in this situation, you’re probably thinking of how you can possibly sustain readership with writing ideas or topics that are sure to entice readers to follow you. Here are some topics you can write about for the next days.

Local activities which kids and teenagers would probably ask permission from their parents to join. Every community conducts activities for children and teenagers. These activities are geared to enrich the knowledge and skills of the participants. Most of them are conducted during summer months. But there are also some activities conducted during the other months of the year. These activities can range from art workshops, sports clinics, dance competitions, talent shows, and a whole lot more.

Current news in your local community and even important events of the nation. News affects all. Whatever is happening in the community and in the nation has impact to everybody. Discuss how these events can affect the families and individuals in the community. Assert your point. Give insights on how these events can shape the local real estate industry.

Present places of interests to your readers. Make your real estate blog a reference for readers to familiarize themselves with the community’s various interesting places. Let your writings take them to the vest restaurants, entertainment hubs, museums, shopping destinations, and even tourist spots. These local crowd-drawers deserve to have their spotlights on your blog. It will also help if you’ll notify merchants, establishments or entities which you’ll mention in your writing. Through this, you are getting them fueled to share your writings in their respective platforms. This will eventually increase redirects from their spaces to yours.

Dissect local market studies. Different studies present various insights. They send signals to buyers and sellers alike. Present statistics, data, and other information which will be valuable and influential to the decisions of your readers. Will this month be good to buy a house? Will next month see home prices increasing at least for your market?

Give tips, suggestions, and advises. Your blog can also serve as a communication line between you and your readers. Engage them in your posts through tips about home staging. Suggest ways on how they can better rearrange the room of their sons or daughters. Give advise on how to deal with noisy neighbors. There are plenty of topics in which your expert opinion and advise are warranted.

Immobilienmakler Heidelberg

Makler Heidelberg

5 Tips for the First Time Home Buyer

Buying a home is a big step in your life and should be a very exciting time. Unfortunately, many individuals rush into buying a home with out considering the implications is has on their future. If you’re considering making the move to own it’s important you weigh all the options, and consider what if anything will affect the feasibility of you’re purchase. If this is you’re first time in the housing market consider the following before you make your big move.

  1. Get Your Finances in Order

    Have a lot of debt racked up? If thats the case, you may want to play catch up before you even think about buying a home. Bad credit is bad news for those who want a buy a new home. In most cases you will need to get a mortgage before you buy and this means your credit will be under scrutiny. Start getting acquainted with your credit score and begin fix the problems well before you apply for a mortgage.

  2. Think about the Future

    If you have a job or other obligation that may require you to move or travel for extended periods of time you want to think twice about rushing into the housing market. Buying a house is a commitment that will tie you down to a particular location for at least a few years. It’s not easy or economically feasible to pack up and sell your home at the drop of a hat.

  3. Educate Your Self

    As a first time home buyer one of the worst thing you can do is go into the market unprepared. Familiarizing your self with words and phrases that are used will allow you to better comprehend the market. A better understanding of the home buying process will enable you to make a well educated decision when it comes to you’re final purchase. Entering the market blindly can turn you’re home buying dreams into a nightmare.

  4. Be Rational

    We all want to live in the home of our dreams. Unfortunately, like most things in life, the housing market must be approached from the bottom up? Renting is the start of the home owners journey. With your dream home serving as the final destination you will most likely need to take a few stops on the way there. The logical step is to buy a house you can afford not one that lands you in economic turmoil. Consider your first home an investment that you can improve upon over time. Once the home is improved you can sell it and bring yourself one step closer to your dream home. Buying out of your league can be a huge problem so set a budget and find a home within your means.

  5. Ask For Help

    Don’t be determined to have a go at it alone. Buying a home is a complicated process and sometimes it really helps to have someone walk you through it step by step. Agents are more than willing to help you look through home listing, find what your looking for, and ultimately take you from start to finish.

Immobilienmakler Heidelberg

Makler Heidelberg

How to Get a Mortgage With No Money Down?

Today, you may find it really hard to find zero down payment mortgages. Even those that you can find are available for those who have proof of income. Plus, they should have a credit score of at least 720. As a matter of fact, some lenders may require a higher credit rating. You can get more details from a good mortgage broker. In this article, we are going to take a look at some loan options and a few alternatives. Read on.

VA Loans

Veterans and military families can go for a VA loan. This type of loan features 100% financing. With this insurance program, you can get loans to a specific limit, which is $424,00 in most cases. These loans don’t require any down payment but the mortgage insurance can be part of the loan. Different venders have different loan qualifications. Generally, your debt to income ration must be around 41% for the loan.

USDA Rural Development Housing Loans

If you live in a designated region, you may qualify for the USDA Rural Development Housing Loan. These loans are allotted for the residents of remote areas, you may qualify for these loans if you live in a nearby town.

Your minimum credit score must be between 600 and 640 for this option. Aside from this, the advance loan guarantee is wrapped into the loan balance. So, there will be no need of cash at closing.

Navy Federal Loans

Navy Federal Credit Union provides 100% financing for qualifying members who want to purchase primary homes. However, the downside is that only military personnel and their family members can apply for the offer. This program is like the VA’s except that it features a lower fee of 1.75% for funding.

When should you not go for No-Down-Payment Mortgages?

If you ask your mortgage specialist, they will tell you that It’s important to keep in mind that these plans have their own set of drawbacks. For instance, if you finance all of the home purchase, keep in mind that you will have zero equity in the house. As a result, lenders may consider you a high-risk borrower. Therefore, they may require you to get private mortgage insurance prior to signing the loan.

Keep in mind that if you default, it will cost you between 0.5 and 1% of the loan amount annually. Unlike the mortgage payments, this expense won’t be considered as tax-deductible.

Often, mortgages with zero down payment have a higher rate of interest than the conventional options. The reason is that lenders offer the best terms for those who can pay a down payment.

Alternatives to Mortgages that have Zero Down Payment

If you are not qualified for the no down payment programs, you can check out the following alternatives. But make sure you discuss the matter with your mortgage specialist first.

Local Loans

Almost all counties, states and municipalities offer different types of incentives for home buyers. They include down payment assistance, low interest rates, closing cost assistance or a combo of these.

Also, many of these are restricted to purchasers who satisfy specific income levels while others are only for first-time buyers. Aside from this, some programs can meet the needs of specific groups, such as teachers and medical personnel.

Although not all these programs can be the perfect alternative to down payment, know that some may offer interest-free loans or grants that may cover some of the down payment.

FHA Programs

For these programs, you must make at least 3.5% of payment upfront. However, according to FHA guidelines, the down payment must be funded in the form of financial gifts from different sources, such as non-profit organizations, fiancées, or relatives.

Similarly, FHA also offers another great program called the Good Neighbor Next Door for public employees, such as police offers and teachers. And the good thing is that the down payment is only $100.

Piggyback Mortgages

For this strategy to work, you must take out two loans. The first is to cover 80% of the purchase price of the house, and the second one to cover the rest of the price. Before the subprime mortgage crisis, the common practice was to have a 80/20% split.

Today, on the other hand, things are difficult. Therefore, the maximum may be a plan that features 80%/15%/5% loan. I this case, you get a primary mortgage to finance 80% of the purchase, while you get a home-equity loan or another mortgage to cover the rest. The remainder of 5% is covered by a down payment.

Wait and Save

Another viable option is to postpone your dream of owning a home until you can afford to make a down payment. In fact, if you try hard, you can save enough funds to make a down payment. This is true especially if you have already put aside some money.

For instance, you can withdraw as much as $10,000 from the IRA, especially if you are a first-time buyer. And the good thing is that you won’t have to worry about the early withdrawal penalty of 10%.

Immobilienmakler Heidelberg

Makler Heidelberg

The Advantages of Using a Realtor

This subject gets pondered a lot, by both buyers and sellers. I want to address it, but I want to disclose upfront that I am a realtor, so my perspective will be somewhat biased.

If you are purchasing a new home, I would always, ALWAYS recommend using the services of a realtor. First of all, and this may be your most important reason, you do not pay for any of the services provided. That’s because the realtors on both sides of the transaction are paid by the seller as part of their Listing Fee.

Beyond any economic reasons, however, a realtor will have access to every property for sale that is listed on the Multiple Listing Service (MLS) for your area. Simply by providing a few details about what you are looking for and where, a realtor can literally make hundreds of homes available to you for your review (depending on how specific your parameters are). That gives you the chance to review the list from the comfort of your home and weed out those properties that don’t suit your needs. If any questions are raised during your research, your realtor will be the one to track down the answers for you..

When you have narrowed down your selection and have chosen properties you’d actually like to visit, working with a realtor is key. Most sellers that list their home, do so in order to make sure that their home is being shown to „real“ buyers being accompanied by a licensed real estate professional. For convenience, most listings provide for a lockbox or Sentrilock box for secure access to the home. Obtaining the lockbox code will be impossible unless you are a licensed realtor. Homes that are being sold by the owner (FSBO’s) are a different matter and I will get into that later in this post.

The buying process includes a number of steps that a realtor can not only facilitate, but expedite, as well. Once a buyer has decided on a property, the realtor can prepare your offer documents (contracts, addenda, disclosures, etc.) for your signature and present them to the seller. One your offer is accepted, your realtor can guide you through the process to a successful close of escrow. This will include having the home inspected, the attorney review of the contracts and the processing of your mortgage financing. If a buyer doesn’t have access to an attorney, lender or home inspector, a realtor will be able to provide references for those services.

Your realtor can also provide significant help in the negotiating process. They know the current market and can tell you whether the home is priced accordingly. They will also be able to assess the market value of the home based on its condition or any upgrades the seller has made.

From a buyer’s perspective, it only makes sense to utilize the services of a professional as you search for your dream home. This is especially true when you consider that you pay no fee for those services.

As a seller, the decision becomes a bit more complicated. Many sellers are discovering that the market value of their home is not as much as they had hoped and they have to sharpen their pencils in order to break even. When you consider a realtor may charge a listing fee of anywhere from 4-6%, the list of costs to sell your home, after the payoff of your mortgage, can make that break even point difficult to attain.

The advantages to listing your home with a realtor are myriad. They include, but are not limited to, the accurate analysis of your home’s market value, the Open Houses, staging recommendations, signage, Multiple Listing Service inclusion and, most of all, the extensive marketing of the home (THE most important advantage).

If a homeowner decides to sell their home by themselves (FSBO or For Sale By Owner), all these costs are borne by the seller. Obviously, the marketing becomes the most costly item. Putting a For Sale sign in your yard and paying for a 2″ x 2″ ad in your local newspaper will not reach the amount of prospective buyers needed to sell your home in a reasonable amount of time. The speed at which a home is sold is directly proportionate to the amount of buyers that view the home. A realtor’s marketing campaign, if effective, can produce a consistent stream of showings. Showings produce offers and offers lead to successful closings.

In the final analysis, a seller has to look at their net proceeds to determine the viability of listing with a realtor. Even with all the advantages listed above, if a seller has to bring money to the closing table, that will weigh heavily on their decision. Being a realtor, I would always recommend listing your home with one of my esteemed colleagues. However, I am not oblivious to the economic conditions that many homeowners face and many people have successfully sold their homes as a FSBO.

Whatever your decision and whether you are a buyer or seller, there are always going to be obstacles that you must overcome. If you find you can’t seem to navigate these obstacles alone… call your local realtor.

Immobilienmakler Heidelberg

Makler Heidelberg

Real Estate Statistics Explained

Basic Real Estate Statistics Explained

We are going to define some of the basic real estate statistics that get thrown around on a regular basis. To do that, we will use one real estate market, located in Hood County Texas. Even more granular, we will use the single family numbers for homes in Granbury Tx, a small town of approximately 8,000 residents which has seen substantial real estate growth in the past 12 months. It is important when reviewing real estate statistics to use a group of numbers large enough for consistency, but granular enough to tell your story.

The statistics that we will be referencing are true and accurate for the year discussed but are being used to define the real estate statistic itself.

We have chosen Granbury Tx as our example because the growth of the local real estate market there make the statics stand out.

Anytime you are evaluating statistics, especially in real estate, the source of the numbers are extremely important. In most instances, the MLS (Multiple Listing Service) provides the most accurate numbers when referring to real estate. This is because they have all listings by all local real estate brokers in their database. For the sake of explanation of the data, we will be looking at the numbers for home sales in Granbury Tx, directly from the MLS. These numbers are meant to give an example of how to read the statistics themselves. Anytime you evaluate real estate numbers, its important to pay close attention to how the numbers are gathered. In this instance, we will be using ONLY single family properties in the city of Granbury.

Basic Real Estate Statistics

  • Number of Sales – This one is pretty self explanatory. It is simply the number of single family homes sold in a particular month. In January of 2015, they had 51 single family homes sold. One thing to pay attention to when looking at this statistic is are they using the Under Contract date or the day the property actually went to closing. These two dates are usually between 30 and 60 days apart, so its critical that you know which one is being referenced. In addition, many of the homes that get calculated, if you are using the „under contract“ number may not actually close! In our example, we are using the number of homes that actually closed. In January of 2016 they had an increase of over 49% which brought the total to 77 from 51. Growth of that level is very seldom ever seen.
  • Sales Volume – Sales Volume is simply the total amount of dollars spent on single family housing within that month. Once again, when reviewing this statistic, its important to keep the property types consistent. If you are comparing two areas to see which one has grown more and you include vacant land in the number for one area, you must include it in the other too. As previously mentioned, our examples only include single family properties. With Number of Sales looking at the units, you would expect the Sales Volume to go up appropriately, but in this instance, it went up even more than the units (by percentage). The total Sales Volume of single family homes in Granbury in January of 2016 was $15,191,500 as opposed to the January of 2015 number of $9,281,915. That is an increase of over 63%. Because the Sales Volume went up at a larger rate than the number of units, this reflects the average home sale being much larger in 2016 than 2015.
  • Months of Inventory – This is a commonly referred to statistic when examining a real estate market. This statistic refers to at the current rate of sales, how long will it take to sell through the existing level of inventory. This reflects the supply and demand for the market. In our example, in January of 2015 the level of inventory was 9 months and in January of 2016 it had dropped to 6 months. That is a 33% drop in available inventory! This means if you are looking to buy a home in Granbury Tx, it will be a little tougher in 2016 as there is less inventory available to buy.
  • Median Days To Sell – This stat simply refers to how long it takes for single family properties to be put under contract. Don’t let the „to sell“ confuse you. To accurately show the demand for active homes, you really want to track how long it takes to go „under contract“. The process of acquiring final lender approval, insurance and getting to a closing can vary on a variety of factors. In January of 2015, the Median Days to Sell was 88. That number dropped by over 30% to 61. Once again, this tells you if you are looking for homes in Granbury TX, you better get your offers in quickly as the most desirable homes are going fast!
  • Average Price – This statistic can be derived in a variety of ways. We are going to use it in its most raw form and simply be the Average Price of Homes Sold within that month. Be careful when looking at this statistic printed anywhere as how the user defines the date sold can vary. Needless to say, Average Price can be used for active homes for sale or for the homes that sold. The Average Price of ACTIVE homes for sale is generally a pretty useless number as you can list a home for any price, without any possibility of it ever selling. Many homes listed for sale are at unrealistic prices thus the Average Price of Active homes for sale can fluctuate dramatically and give little insight into the market. You will want to look at the Average Price of SOLD homes. In January of 2015, the Average Home Sale was $181,998 and it jumped to $199,888 in the same month in 2016. This is an increase of almost 10%. This is not a number that truly tells the increase in home values across the board, but simply of the homes sold in that month, what the average was.
  • Median Price – The Average Home Sales Price can be skewed by a variety of factors. All it takes is one 5 million dollar home sale to throw those numbers off. To get a better view of the overall increase in value, it can be better to look at the Median Sales Price. Median Sales Price takes the number that is perfectly in the middle. For instance, if you have 11 homes that you are using in your statistic, you would take the sales price of the 6th one. This leaves 5 homes sold higher and 5 homes sold lower. In this instance, they are pretty close as the Median Sales Price increase from January 2015 to 2016 was 9.69%. This shows that we didn’t have the Average Price skewed too much because of an extremely large or extremely small sale.

There are hundreds of ways to look at the same numbers, when referencing to real estate, so be very careful to read the fine print on exactly what numbers they are using. When making comparisons, you will want to make absolutely sure that both are referencing the same property types, dates etc. It like the old saying says… there are lies, damn lies and statistics.

Immobilienmakler Heidelberg

Makler Heidelberg

Real Estate Lead Generation Services – A Breakdown Of Those Available

Online and automated real estate lead generation services are provided by companies that do the bulk of your lead generation work for you. In return for payment, they provide you with targeted leads of prospective clients who are investigating the sale of their home, thinking about buying a home or actively searching for a real estate agent.

But who are these companies, how do they work, what information can you expect to derive from their services, and what do they charge? For a breakdown of some of the industry’s most popular real estate lead generation companies, keep reading.

Realty Generator

Realty Generator syncs your local MLS listings with your website, manages search engine advertising spending, offers cell phone alerts, and includes CRM (Customer Relationship Management) software.

House Values

House Values is a website that lets homeowners type in their zip code and real estate property info in exchange for a home evaluation, provided by you. In turn, they collect the visitor’s contact info and pass it on to you for a nominal fee.

House By Mouse

Through a variety of websites and MLS listings, House by Mouse collects visitor information and passes it on to you. You get email updates, including those local prospects‘ contact info and, in turn, pay per lead generated. They charge about $12.95 per lead.

Realtor Exposure

Realtor Exposure works by providing you with a personal website that is designed to capture leads from buyers and sellers who are searching for home information in your area. Those leads are delivered to your cell phone or email. They also guarantee that your site will appear on the first page of search engine results, but this isn’t confirmed.

1to1Red

1to1Red allows you to set your monthly budget and then creates a personalized lead generation program based on that budget. They can manage advertising, online campaigns and pass on potential leads right to your inbox. Their focus is on quality leads and providing you with all the tracking information you need to stay on top of your marketing.

For an average of 5-15 quality leads per month with 1to1Red.com, you can expect to pay approximately $500.

HomeGain

HomeGain’s biggest selling feature is that you only pay a referral fee if you close a deal. They offer customized coverage areas for a low monthly subscription rate and, in turn, provide you with the contact information of web searchers looking for a home evaluation or realtor.

Immobilienmakler Heidelberg

Makler Heidelberg

The Lowdown On Selling Your Property

Did you know that just a few improvements on your house could very well improve the value of your home And that first impressions can mean everything?

The number one thing that a possible new buyer recognizes often is the out side of one’s residence. Charm is in all probability the most important variable in selling your house. If a future customer views the exterior and doesn’t feel impressed, they probably will not even care how the inside looks. Therefore, make it appealing.

Landscaping is really a must. Continue to keep the grass mowed, cut the hedges/shrubs, and clear the walkway. If it is summer, shell out a little of dollars and plant some flowers. Flowers make absolutely everyone smile. Does the exterior require a fresh coat of paint? View your house as an outsider. Is there anything you don’t like about it? Start there. You may always take a walk within your neighborhood. See what shines about your neighbors properties and what separates theirs from yours. You can actually learn from them. Ask your buddies for their tips.

The inside is just as significant as the outside. Keep it clutter free. This is a must, even if you have to rent storage space till you sell. Continue to keep the curtains open. Make it as airy as feasible. Open your windows, and don’t forget to clean them! You quite possibly already know that paint is an economical way for you to help make your home appear its very best. Keep the colors easy and fundamental. Soft warm colors will transform a residence. When my mates complain and want new furnishings, I normally inform them to just paint the rooms. It’s like getting new furnishings. It brings life to a home, regardless of how the furnishings looks.

Do you know that the MLS listing service is considered the most dynamic tool for promoting your property? You can list via a Broker or a Discount Broker. When you list your home on the MLS, Your home is listed in your areas local MLS. Realtors scan the MLS several times every day to search for properties for their prospective clients. Your listing entails color photos and all the details about the home together with its amenities. Agents are just as encouraged to sell your home as any other property on the MLS. After your property is listed on the Multiple Listing Service, it quickly syndicates to Realtor.com, which happens to be the most used real-estate web-sites. The internet is tremendous. Your property will likely to be found by 1000’s.

Another effective tool is to make sure you have fantastic online pics of your house. Having quite a few great photos of the home on-line as possible could assist your showings, given that these days most of the people shop via the web just before picking out just what homes to go look at personally. Many times having no pics could get your listing skipped all together. People want to see pictures!

Did you know that another reliable tool is the Yard Sign? Displaying a FOR SALE sign is strongly encouraged for advertising your home. It indicates that you are truly serious about selling your home.

I hope you found this article beneficial. Thank you and good luck with your sale!

Immobilienmakler Heidelberg

Makler Heidelberg

Thinking About Retiring to Arizona?

When moving to an unfamiliar community, like Cave Creek or Carefree, Arizona, it is important that you engage a Cave Creek Realtor who will possess intimate knowledge of the amenities and nuances of the neighborhood. Cave Creek, Arizona is essentially an old cowboy town that, whilst retaining true to its roots, also caters to a growing core of residents who enjoy the equestrian, hiking and golfing opportunities that Cave Creek has to offer. Cave Creek provides homes that range from simple seasonal townhomes to luxurious spacious compounds. Cave Creek real estate runs the gamut from desert landscaping, mountain top aeries, hillside estates, golf club properties and spectacular wilderness getaways bordering state land.

Carefree is another upscale community bordering Cave Creek, AZ, which also sports a thriving community with upscale shopping, dining, and an artist community that is the envy of the state, all minutes from Scottsdale.

Carefree and Cave Creek real estate is a magnet to automobile enthusiasts from around the country. Arizona offers fantastic scenic drives on uncrowded roads that attract both motoring and motorcycling aficionados alike. Recreational vehicles abound and many Cave Creek and Carefree luxury homes include facilities to accommodate them. Oversized garages are often included in these Sonoran desert hideaways to house the family toys and heirlooms.

Many people are astonished to learn that the great state of Arizona is also home to the highest number of boats per capita in the USA. Yes, even in the middle of the Arizona desert, waterfront real estate is a possibility for the marine enthusiast.

Of course, your Cave Creek real estate professional would be privy to all this information and is the reason that when selecting an agent for that long awaited move to Arizona, you should pick someone who lives in the community you are considering.

Finally, your Cave Creek home will be an excellent central base from which to discover the rest of the state of Arizona, be it the theater district of downtown Phoenix all the way up to the Grand Canyon.

Come home to Cave Creek or Carefree Arizona, you know it makes sense.

Immobilienmakler Heidelberg

Makler Heidelberg

The Benefits to Buying a Condo

One of the many benefits you will find when you choose condos for sale over other properties is that you don’t have to worry about any exterior maintenance. When buying family home, you need to keep a budget aside for those unexpected external emergencies, such as a damaged roof, a tree that falls down in your garden or even your exterior walls being damaged. When buying a condo, because it is a complex, the Homeowners Association will be responsible for handling all exterior work, so you can enjoy your home now and in the future with complete confidence.

Another major benefit to condos for sale is security. These days you want to keep your home and your family safe and secure. Having added security is a major benefit to provide you with complete peace of mind, which provides you with the convenience of a lock up and go property. You can lock your front door and head off for a week or two knowing that everything will remain safe indoors and you don’t have to worry that someone may try break in while you are away.

Of course condominiums come with the added benefit of a host of amenities and facilities. The majority of these complexes will offer you the convenience of a lock up and go property with a communal swimming pool and maybe even a fitness center, depending on the complex. Some will come with laundry. With these added amenities you can enjoy all the conveniences of a home while having your own space which is modern, luxurious and finished to the highest quality.

Condos for sale are in the affordable price range. They are more expensive than an apartment, but they are usually on a par with a single family home, depending on where you buy and the area. Of course location is essential and if you are looking for luxury and convenience in a prestigious area, then you will find that condos for sale work out cheaper than the homes in the surrounding area. This helps you get your foot onto the property ladder in an exclusive area, offering you a good return on your investment in the long run.

Outside spaces will be cleaned for you, the pool will be maintained and the equipment in the fitness center will be up and operational at all times. If the building has an elevator, that will be regularly serviced. These are all things you don’t need to worry about, you can furnish your condo, move in and start enjoying condo life without delay.

Of course when there are benefits, there are always a few disadvantages and the same applies to all condos for sale. This is why if you are looking for property to purchase and you are considering a condominium, you may want to weigh up the pros and cons of all the property options within your budget to identify if this is the right choice for you moving forward.

One of the disadvantages to buying a condo for sale is that you have strict rules to abide by. The Homeowners Association will put rules in place that all the units must follow. The reason for this is to make living in the complex more enjoyable for everyone.

The second disadvantage is that you will have to pay Homeowners Association fees, which are in place to pay for all the exterior and daily maintenance of the complex, so your condo is always somewhere enjoyable to live now and in the future.

Immobilienmakler Heidelberg

Makler Heidelberg