2012 Willo Home Tour

One of the highlights of the downtown housing areas is the Willo Historic District. It is a popular destination to just drive through and see the homes. The annual 2012 Willo Historic District Home Tour attracts thousands of people each year because of this love affair with cool homes in this awesome downtown Phoenix location.

The Willo home tour is a self guided tour and lets you peek into some of the best houses as well as see the tree lined streets and there are also shuttle busses as well.

There will be 13 homes on the tour and the historic firehouse at 13th and Jewel will also be available for a tour. In addition to touring the homes, there is a LOT of excitement around the Willo street fair that will have food, artisans, music and more. Its a great way to spend a Sunday.

2012 Willo Home Tour:

Date: Sunday, February 12th, 2012
Time: Tour open 10am-4pm ( pick up will call tickets starting at 9am)
Place: Willo! ( McDowell to Thomas 1st Ave to 7th Ave
Tickets: You can BUY TICKETS for $15.75 before the tour, $18.00 day of tour
Parking: Free parking at 1st Ave and Holly ( just north of Chateau )

If you don’t already live in downtown Phoenix, here is an idea – TAKE LIGHT RAIL! Just a hunch, but I think it might just make the parking situation slightly better for you and your family.

Here is a video that gives a great overview of what to expect at the Willo home tour:

The Willo home tour is a family friendly way to see plenty of homes in the historic Willo district in a fun way. Maybe that is why many people come back for the Willo home tour year after year!

Tips for Buying a Short Sale Home in Phoenix, Arizona

Tips for Buying a Short Sale Home in Phoenix, Arizona

It is nearly impossible to sort through homes for sale in Phoenix Arizona and not come across some great deals that are only available for sale through short sale. Either the short sale offer is already approved by the lender, or the home seller knows they can only sell their home through a short sale but don’t have lender approval yet. In either case, if you are going to purchase this type of home you will need to know some of the following information to make your home purchase of a Phoenix short sale home much smoother.

  • Fees & Finanaces
  • Inspections & Legal Advice
  • Get An Experienced Real Estate Agent

Fees & Finances

Don’t pay them (Fees that is). You shouldn’t have to pay any upfront fees to a real estate agent or to the home seller to make an offer. If you are asked to pay an up front fee to a real estate agent to make an offer on a short sale home, then you should find yourself another agent to work with to represent you. If you are a VET for example and are planning on taking advantage of low VA rates, then you’ll want to let everyone know you are trying to use a VA loan, or whatever type of financing you are planning on using so everyone knows the scoop. Ahead of time, get your financial matters in order so you know exactly what you are approved for, and that you have fixed any issues that may come up in getting your loan.

Inspections & Legal Advice

While you won’t have to pay upfront fees, you may have to pay upfront for inspections if your offer gets accepted. You may even consider having an appraiser appraise the home to determine the fair market value of the home to help give you an idea of what you would want to offer on the home. It is also a good idea to have your home inspection. Talk to an experienced short sale agent about what you should do when buying a short sale home.If you are going to buy a short sale home, make sure you get in touch with an experienced real estate attorney who is familiar with Arizona real estate law. You will also want to speak with a CPA or other tax preparer about any obligations you may have when buying a short sale.Make sure you get property disclosures about the home from the home seller. They should disclose the history of the property since they have owned it.

Get An Experienced Real Estate Agent

This is important. You must work with someone who has dealt with short sales before, unless you want a headache. Ask for the number of short sale deals they have done, and some referrals. You need to do your homework. See if you can find them online and talking about themselves as someone who has experience in short sales.

Last, But Not Least

Give yourself time, be patient, and be aware that just because you are negotiating a short sale offer with the lender they may still sell the home through a trustee sale. You should find out from the real estate agent if they know of any trustee sale information. Has foreclosure been initiated etc.? Most of this information is public so they should be able to help you determine if there is a risk that home may be sold while you are trying to buy it.

Best Ways to Lower Homeowners Insurance Rates

Best Ways to Lower Homeowners Insurance Rates

For first-time homebuyers it may come as a surprise that they should purchase homeowners insurance immediately. The mortgage companies want to protect their investment, and your home is the biggest and most long-term investment. Additionally, homeowners should want to protect their home and belongings against disaster, theft or other calamities.

There are several ways to find the best deal on rates or lower your existing insurance rates by following a few important tips.

 

  • Shop Around

 

 

  • Double Check

 

 

  • Compare

 

 

Shop Around

Firstly, buyers should shop around for homeowners insurance before buying any insurance policy. For homebuyers, a real estate agent can be a good person to recommend a specific company and can give you tips on what kind of coverage you need. Consumer guides are also a good place to look when searching for lowest rates, but remember, the lowest price may not be as important as seeking the appropriate level of coverage. When inquiring with an insurance agent about rates, ask what discounts you would qualify for in order to cut costs.

Double Check

Check with your state department to see if it publishes a comparison guide for homeowners insurance. Most state departments also post complaint information on their web sites for homeowners. Ask your friends, neighbors and relatives who they would recommend, and check reviews for insurance coverage online. Good customer service is important when dealing with claims so companies with too many complaints shouldnt be considered in your search for a policy.

Compare

Use comparative shopping to narrow down policies offered by different companies, but before that, consider what coverage and policy limits you need to accurately compare quotes. Some companies may charge more for the same or similar coverage, so its a good idea to compare rates before committing to an insurer.

 

Lower Your Rates!

Once youve found an insurance company that suits your needs you consider what you can do to lower your rates. Some factors that may influence your rate are:

  • Raising the deductible could save you up to 25% on your premium.
  • Buy your home and auto insurance policies together
  • Updates for your home includes electrical and plumbing systems, installing storm shutters, etc
  • High credit score affects the cost of premiums
  • Senior discounts those 55 and older could see discounts up to 10%
  • Check your policy annually review policy and update your list of valuables and home value
  • Improve home security and safety installing smoke detectors, deadbolt locks, fences and alarm systems can save on premiums
  • Know rate killers Pools, hot tubs and trampolines cause accidents and will raise rates considerably, and certain breeds of dogs, such as Rottweilers and Pit Bulls, can increase rates.

When considering different insurance companies make sure you understand the policy terms and choose coverage that best suits your needs, because protecting your most valuable asset could be the smartest decision you ever make.

This site is for informational purposes only. It is not sponsored or in any way affiliated with the government. If you are in need of a mortgage loan, consult with a licensed mortgage professional. All fair housing and equal housing opportunity laws apply when applying for a mortgage or buying a home. Copyright 2012.