Peoria Arizona Home Buying Tips

Home Buying Tips

Here are a few things to think about as you start your home search. Educate yourself on today's issues before making any offers. Knowledge you gain today can save you headaches down the road!

A Realistic Evaluation Peoria, Arizona

Your real estate agent's job is to find you the perfect home, in the right location, with all the amenities you want--and at the right price …

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A Tough Sale Peoria, Arizona

Here is a situation that many buyers have experienced. After searching for weeks, you found the perfect home and you made a very low offer. The sellers responded …

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A Well Schooled Decision Peoria, Arizona

The quality of a school district is an important determinant of the market value of a house. For homebuyers with children, the quality and reputation of the local school …

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A Real Estate Agent's Expertise Peoria, Arizona

If you are using the services of a professional real estate agent to find a new home, good communication is crucial to the transaction. A real …

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An Agent's Role Peoria, Arizona

Recent reforms in the disclosure laws and real estate practices around the country have resulted in new options for buyers and sellers. Real estate agents can take different roles with buyers …

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An Inspired Real Estate Agent Peoria, Arizona

Sometimes a good real estate agent may remind you of a favorite aunt who is always trying to fix up her single nieces or nephews with her friends' sons or daughters …

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Are You Curious Peoria, Arizona

Perhaps you have no plans to buy or sell a home right now, but you are curious about your possibilities. Real estate professionals can answer any questions …

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ARMs Peoria, Arizona

Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage …

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Assuming a Mortgage Peoria, Arizona

You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan …

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Avoid Delays During Escrow Peoria, Arizona

Unforeseen problems can arise during escrow, and closing dates are never set in stone! Lenders, appraisers, title attorneys, credit check services, or anyone …

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Balloon Mortgage Peoria, Arizona

In loan terminology a "balloon" is the unpaid loan balance that must be paid in full on a specified due date. Federal savings and loan associations are permitted to make …

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Bargain Homes Peoria, Arizona

Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work …

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Beneficial Broker Peoria, Arizona

Homebuyers who use the Internet to start their home search may be lured by the promises of realty companies advertising "one-stop shopping" guaranteed to meet all …

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Beneficial Tax Laws Peoria, Arizona

American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle …

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Best Interest of the Buyer Peoria, Arizona

Who represents the homebuyer in the transaction? The most common scenario is for homebuyers to purchase a home with the help of the seller's listing agent …

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Beware of Fat Clay Peoria, Arizona

When building a home, you should have the soil on the construction site tested for plasticity to determine how it will change under different moisture conditions …

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Bridge Loans Peoria, Arizona

What if you hear one day that the house you have coveted for years is on the market. Out of curiosity, you might call your real estate agent and arrange to see if the inside …

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Building & Designing Peoria, Arizona

If you are planning to build a new home, you should take full advantage of the opportunity to design a custom-built home that meets your needs and includes …

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Building Considerations Peoria, Arizona

Are you planning to build your dream home? Once you are pre-approved for a loan and have found a professional real estate agent you trust, you are ready …

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Building with Help from Brokers Peoria, Arizona

Did you know that, for no additional cost, you can be represented by a real estate broker in conjunction with purchasing a home from a builder? Home builders …

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Buyer Agency Peoria, Arizona

In the history of the real estate industry, there has been a single approach to working with a real estate agent. If you wanted to purchase a home, an agent showed …

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Buyer Protection Peoria, Arizona

There are situations in which you as a homebuyer may be in need of protection: here is one example. You have finally found the home that is right for you, but …

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Buyers Remorse Peoria, Arizona

If you are like most buyers who sign a purchase agreement on a new home, you will almost certainly feel a wave of overwhelming anxiety. You may begin to question …

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Buying Cooperatively Peoria, Arizona

Today it is becoming quite common for friends to pool their resources to buy a larger home than either of them could afford alone. Some builders cater specifically …

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Buying New or Buying Old Peoria, Arizona

New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower …

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Buying Out of State Peoria, Arizona

People who are moving to another state are usually concerned about how they will be able to monitor the purchase or sale of a home across state lines. Your local real …

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Buying Property to Build Peoria, Arizona

The ideal piece of land cannot be purchased without due diligence. Say you notice a lot for sale in a suburban area that looks like a perfect place to build your dream …

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Careful Inspection Peoria, Arizona

Many home buyers today are investing in a professional structural inspection before they finalize their purchase of a home. You should choose an inspector carefully …

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Children and Moves Peoria, Arizona

When you decide it is time to move, it is important to engage your children in the process. Depending on the reason for the move and the distance, moving …

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Choosing a Lender Peoria, Arizona

When you are buying a new home or refinancing your present one, it is wise to do some comparison shopping among lenders. A low interest rate isn't the …

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Choosing a Real Estate Agent Peoria, Arizona

When you buy or sell a home, you want to work with a real estate agent who has the experience and expertise to handle such a complex transaction with a minimum …

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"Clean" Contracts Peoria, Arizona

"Clean" is a term that is often used to describe an offer on a house. A "clean" offer does not refer to the price of the house, but to the terms of the agreement. If you …

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Clean Offers Peoria, Arizona

You have found a house that makes your heart skip a beat--it is in the right location and has all the amenities you want. The price is the only thing that is keeping …

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Closing Costs Peoria, Arizona

If you are in the process of buying a home, you have probably figured out how much you will need for the down payment, but don't forget about the closing costs …

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Closing Date Peoria, Arizona

The final closing date is an important item in the negotiation of the purchase agreement on a home. This is the day when the buyers get their ownership papers …

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Closing Paperwork Peoria, Arizona

When you buy a house you are asked to sign an amazing number of documents, especially if you are obtaining a mortgage loan. It is prudent to read all of the papers …

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Closing Questions Peoria, Arizona

Because of the complexity of a real estate transaction, questions and concerns arise frequently for those who are buying or selling a home. Most people experience …

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Closing Tips Peoria, Arizona

The conclusion of a real estate transaction is an exciting time for everyone involved. The closing table is the ideal place to sign papers, trade keys, and drink a toast …

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Comparables Peoria, Arizona

To take much of the guesswork out of your consideration about whether a particular property is a good investment, you can check on the actual selling price of …

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Completing the Sale Peoria, Arizona

Some buyers and sellers arrive at the closing feeling terrific about the transaction. They like each other, their new home, their real estate agent, and even the lender …

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Considering Location Peoria, Arizona

The large, stately house that you drive by every morning on the way to work has had a "For Sale" sign sitting in the front yard for months. When you …

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Consult the Real Experts Peoria, Arizona

When you buy your first home, you want the best advice you can get. You want to show the house to friends and relatives before you commit. They will …

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Convertible ARMs Peoria, Arizona

Many lenders are offering a type of Adjustable Rate Mortgage which will allow the buyers to convert their ARM to a fixed-rate mortgage without the expense …

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Cosmetic Flaws Peoria, Arizona

Many buyers make home buying decisions based primarily upon emotional reactions to the homes we show them. A freshly-painted house with clean windows …

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Creative Offers Peoria, Arizona

Putting together an offer on a home is easy if the buyer has a lot of money, a terrific job and impeccable credit. Many buyers are not in that precise situation …

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Credit Card Common Sense Peoria, Arizona

If you are buying a home for the first time, you need to establish a reasonably good financial foundation before a lender will approve you for a mortgage loan. Lenders …

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Credit Card Mania Peoria, Arizona

Most people know that a checkered credit history can disqualify you for a home loan, and maxed-out credit cards can do the same thing. But what most people …

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Credit Card Traps Peoria, Arizona

It is not unusual for first-time buyers to be free of debt. They have been saving for their first home for many months or even years. But after they move …

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Damp Environment Peoria, Arizona

If you are a typical home buyer, you are likely to eliminate a home with a basement that has water stains or mildew on the walls or floors. Before you completely …

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Deadlines Peoria, Arizona

Both buyer and seller should be aware of all of the deadlines in their purchase agreement. Each contract is different, but there are usually time limits covering …

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Determining a Price Range Peoria, Arizona

If you are working with a real estate agent to find a new home, the agent will probably ask a lot of questions about your income, liquid assets, and debt situation …

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Diamond in the Rough Peoria, Arizona

There are a lot of "diamonds in the rough" for sale. A property with incredible potential may be in a great location, have large sunny rooms and a big yard, but it may …

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Disclaimer Clauses Peoria, Arizona

Before the professional inspects the home that you are buying, you will be asked to sign an acknowledgment of the scope of the inspection. This document will …

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Discuss Your Options Peoria, Arizona

When you are working with a real estate agent to find a home, it is very important that you take the time to discuss the full range of your housing and financing …

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Do Not Panic Peoria, Arizona

Many homebuyers have experienced the alternating waves of excitement and regret that can occur when the real estate agent presents your offer to the sellers …

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Dream vs Reality Peoria, Arizona

When you decide to buy a home, you may feel resistance to fulfilling the many practical requirements that are necessary to turn your dream into …

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Dual Agency Peoria, Arizona

What happens when you are interested in purchasing property that is being sold by the same real estate agency in charge of your buying needs? You may have concerns …

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Early Loan Approval Peoria, Arizona

Many lenders help prospective buyers get pre-approved for a mortgage loan before the buyers begin a serious house-hunting effort. If you are in this position, give …

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Earning Your Loyalty Peoria, Arizona

When you begin to search for a new home, you will probably encounter several real estate agents at open houses, through friends or from signs or advertisements …

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Estimated Closing Costs Peoria, Arizona

There is a federal law that requires mortgage lenders to give prospective buyers an itemized, "good-faith" estimate of their closing costs. Sometimes buyers …

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Evaluating Neighborhoods Peoria, Arizona

When sellers think about curb appeal, they usually think about their own front yard and the effort required to keep the house looking good. When prospective buyers look …

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Fair Market Value Peoria, Arizona

What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been …

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Asbestos Concerns Home Buying Tip

Many sales agreements mention asbestos by saying "the buyer is aware asbestos may be used in the construction of this home." This can be a little unsettling. Asbestos is a known carcinogen …

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Home Heating Sources Home Buying Tip

Heating and cooling systems are some of the most important investments you'll ever make in your home. Heating and cooling accounts for 44% of your home's energy use …

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Insulation "R" Values Home Buying Tip

The most important thing to be aware of with insulation, other than the safety issues of urea formaldehyde and asbestos (covered elsewhere), is the R value, or the insulating factor. The higher the number, the better the insulator …

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Home Insurance Home Buying Tip

When purchasing a home, you will need to acquire homeowners insurance. In fact, all lenders will require a policy be in force prior to funding the loan …

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Lead Paint Home Buying Tip

All sellers with homes built prior to 1978 are required to fill out a lead-based paint disclosure form and provide you, the buyer, with a lead-based paint educational booklet in any sale …

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Plumbing Alert Home Buying Tip

You will spot several different types of plumbing systems in any housing market, including your own. Copper, galvanized, rigid plastic, polybutylene, and soft plastic are but a few. Certain systems are more prone to having certain problems …

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Siding Home Buying Tip

When you are checking out homes, there are several items in our market you need to be aware of - including man-made siding. A lot has been said about …

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Thinking of Stucco? Home Buying Tip

This is a terrific product, as it adds insulation value to the home, not to mention classy looks. However, it can also be a serious and very expensive repair if it isn't installed correctly …

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Energy Efficient Windows Home Buying Tip

Single pane, double pane, thermo pane, triple pane windows, plain glass, leaded glass, low "e" glass, wired glass, and tempered glass, too. WOW - There's a lot to know …

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Home Wiring Home Buying Tip

The type of wiring in residential homes generally depends on when the home was built, where it was built and if it has been updated. In the older homes, knob and tube type wiring was the norm …

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Contact Information

Photo of Keith Ritter Real Estate
Keith Ritter
Keller Williams Realty Professional Partners
7025 W. Bell Rd, Suite 10
Glendale AZ 85308
Office: (602)908-5020
Mobile: (602)885-2018
Fax: 623 776-4996