Great Place to Live for families. Close to Shopping Areas and Great Schools.
Will an upcoming retail development project increase or decrease your home’s value? Homeowners oftentimes fear that new development in their area will decrease their property value, based on the belief that popular large-chain retailers can bring property value down once they are built near a residential area. We’ve debunked that myth and found that across the country, new developments in a community increases property values within it.
A home’s proximity to a retail store is often taken into account when home buyers are purchasing a home. If a home is closer to a retail store, home buyers may find this more attractive because the location of the home would allow them less of a commute to shopping. From this standpoint, retail development actually tends to increase property value by a certain percentage. Retail stores can even revitalize an old neighborhood with already decreasing property value. This is because new retail stores can create jobs for community residents. This will, subsequently, bring more money into the community because area residents are supplied with more jobs.
Adversely, retail developments can bring traffic to a previously quiet or rural area. This hassle may cause residents to move away because of the new bustling community and their preference for a more rural environment. A retail development may also cause potential home buyers to rethink their neighborhood choice, but this usually doesn’t have a substantial enough effect to hinder property value as potential homeowners will often times be attracted to the new community retail shops.
Contact me for more advice from on how to increase your property’s value.
This down payment assistance program has been extended into 2016 to help
home buyers buy their first home or second home.
Everyone was hit hard in down market when the real estate crash happened in Arizona. I was hit hard as well as a small business owner. I remember looking at my team and telling them this is going to be bad, real bad. Seeing all our equity vanish like a magic trick from a magician at a kid’s birthday party.
Jobs being cut, down payment assistance programs being cut, people losing their homes, vacant homes everywhere, everyone took an upper cut, many upper cuts to be exact!
As a realtor, I understood what happened but realtors did not create the crash. We were part of the real estate crash just like you. If you have not seen the movie “The Big Short” you should go check it out. You will see that the crash came from the people above, not from the people in the Arizona streets.
But TODAY! every county across America is helping people get back into home ownership. With this down payment assistance program you can get back to owning your home in 2016. When a down payment assistance program Arizona like this comes out, you just have to grab it by the horns and go for it.
I mean why would you not?
It is basically free down payment money in a form of a grant to use towards your closing cost and down payment for a new home.
The Home In 5 Advantage Program has been extended by the Phoenix Mayor Greg Stanton. This down payment assistance program is an expansion of the Home In Five Down Payment Program that was in place in 2012. Funds are still available for you to use that can help you own your new home in 2016.
Down payment assistance Arizona program is one of those programs that can help first time home buyers and repeated home buyers buy their first home or second home the Arizona. The only thing you as home buyers need to do, is take advantage of this down payment assistance program.
Is this a scam? No.
Trustworthy program? Yes.
Is your realtor a free service who represents you in buying your home? Yes!
Now let’s get into the details so you can understand the program.
House for sale = $180,000.00 purchase price
660 credit score
$7,069.59 gift goes towards your down payment and closing cost
Estimated payment at current rate of 4.5% (still a great rate)
895.51 – Principal and Interest
45.00- Estimated Ins
100- Estimated Taxes
122.13- Mortgage Insurance
$1,162.64 Total Est Payment
Are you ready to use the down payment assistance program Arizona?
Contact me TODAY!