Queen Creek Home for Sale

Address:19926 E Thorton Rd, Queen Creek, AZ 85142
MLS:4698072
Price: $199900
Bedrooms: 3
Bath: 2
Year Built: 2008
Pool:No
Spa:No
Fireplace: No
SqFt: 1514
Type: Single Level – Single Family
Lender Owned: Yes
Homepath Eligible: call agent Kay Wood
Subdivision:Emperor Estates
Cross Streets: Sossaman/Queen Creek
Gated Community:No
Schools:Queen Creek Unified District
Garage: 2 Car Garage
Exposure:North/South
Taxes: $1480
New Financing: Cash, VA, FHA, Conventional
Listing Broker: RE/MAX Kay Wood – Amanda Cook

Relocation forces Short Sale…Your GAIN! Awesome N/S exposure with 3 full bedrooms and small custom detached workshop/office in back(with a/c & electric). Spacious open great room, 9′ ceilings throughout, upgraded staggered kitchen cabinets with extra in dining area, granite counters, island, gas stove, split floor plan, 2 sinks in Master, separate laundry with sink(not walk-through style), surround sound, 20×10 covered patio, grassy back yard with concrete dog run on East side of home.
http://tour.previsite.com/A46CF052-9E78-1ACA-E4B9-A8D999C75D1C

Grandview Estates, Mesa Home for Sale with Pool

Address:1261 N 86th Pl, Mesa, AZ 85207
MLS: 4548674
Price: $299900
Bedrooms: 4
Bath: 2.5
Year Built: 2002
Pool: Yes, salt water, Pebble Tec, floor cleaner, new filter
Spa: No
Fireplace: No
SqFt: 2489
Type: Single Level – Single Family
Lender Owned: Yes
Homepath Eligible: call agent Kay Wood
Subdivision: Grandview Estates
Cross Streets: Ellsworth/Brown
Gated Community:
Schools:Red Mountain
Garage: 3 Car Garage, new garage door opener
Exposure:
Taxes: $1785
New Financing: Cash, VA, FHA, Conventional
Listing Broker: RE/MAX Kay Wood

SQUEEKY CLEAN, Tile in all the right places. Wait til you see the MAN CAVE. 3rd bay is separate and has cabinets, TV, unbelievable. #4 bed=built in office w/extra cabinet. Sellers loss as purchased for over $430,000 – added more than $30,000 in upgrades. Pebble Tec salt pool, floor cleaner. New pool filter tank, salt generator, cleaner, garage door opener, microwave and Hot Water Heater. All back landscaping new – don’t forget to look on N side. Extra hard surface including Kool Decked patio. Corian counters – huge island, large pantry, pull out shelves…includes a built in buffet under counter lighting. NON-walk thru Laundry, storage and hanging rack. Extras throughout – added storage space everywhere.

Short Sale Home for Sale, 85215, Mesa, Arizona

Address:6728 E Melrose St, Mesa, AZ 85215
MLS:4548637
Price: $124900
Bedrooms: 3
Bath: 2
Year Built: 1998
Pool: Yes, new in 2006
Spa: No
Fireplace: n/a
SqFt: 1250
Type: Single Level – Single Family
Lender Owned: call agent
Homepath Eligible: call agent
Subdivision: Corta Bella
Cross Streets: Power/McKellips
Gated Community: No
Schools:Red Mountain
Garage: 2
Exposure:North/South Exposure
Taxes: $999
New Financing: Cash, VA, FHA, Conventional
Listing Broker: Kay Wood – RE/MAX Diamond

32k pool added 2006. Low HOA. Great schools. HUGE Great Room off Kitchen. 3 FULL Bedrooms with closets. Kitchen has island plus there is inside laundry. Vaulted ceilings and no interior steps. Water softener and R/O stay. Gas Heat. Multi-pane windows. North/South exposure. Close to Lakes, shops, 202 for easy commute, Usery Pass Recreation Area.

Boulder Mountain Subdivision – Mesa, AZ 85207

Address:2363 N Tierra Alta Circle, Mesa AZ 85207
MLS: 4513655
Price: $210000
Bedrooms: 5
Bath: 2.5
Year Built: 1999
Pool: Yes
Spa: No
Fireplace: No
SqFt: 2418
Type: Two Levels
Lender Owned: Yes
Homepath Eligible:
Subdivision: Boulder Mountain
Cross Streets: Ellsworth/McDowell
Gated Community: Yes
Schools:Mesa Unified District/Skyline
Garage: 2 Car Extended Garage
Exposure:
Taxes: $1,627.78 – 2010
New Financing: Cash, VA, FHA, Conventional
Listing Broker: RE/MAX Diamond – Kay Wood

SHORT SALE! 24′ deep garage! MOVE IN READY and easy quick close – non-distressed sale! Beautiful Plantation Shutters. New Paint in and out. New upgraded Carpet. Nice tile in all the right places. Neutral & lightly lived in. Master down, 4th bed down with large closet/shelves for Den/Office. 1/2 bath down. 2 beds up – walk-in closets. Loft 16×10. Gas Range, Heat, Hot Water. Newer S/Side fridge stays. Private Play pool and mountain views from backyard. RV Gate with toy storage space. R/O, soft water upgrades. BBQ Gas. Close to Usery Pass Recreation Area, Lakes, 25 minutes to Sky Harbor, 1 hour to cooler mountains. Walk to Elementary School within subdivision. Gated. 40+% open Desert Landscape inside the subdivision with trails & gazabos… lots of mountain views. Appraisal at original sale shows 2418 sq

Grandview Estates Home for Sale ~ Kay Wood

http://tour.previsite.com/E69CE3E6-A3B1-8154-142A-EF4A6647593C

Post Tension. 10′ ceilings. Not a distressed sale, TLC here! No neighbors behind…just a mountain view from several rooms inside the home. Check out the SCHOOLS!! Spacious Kitchen with Maple cabinets and huge island, lots of cabinets desk and pantry. Separate exit off large master suite. 4th Bed is open den. Split Garages 2/1. Low HOA’s in this smaller subdivision. Latest comp – Boulder Mtn MLS 4453945 sold 10/29/10 for $287,500 or $119 per sq ft. Subject is listed at $110 per sq ft. Last home of same size #4322823 sold for $380k other larger home sold for $300-345K price range. Close to lakes, Usery Pass Rec Area, freeways, only 25 minutes to airport.

Common First-Time Home Buyer Mistakes

  1. They don’t ask enough questions of their lender and end up missing out on the best deal.
  2. They don’t act quickly enough to make a decision and someone else buys the house.
  3. They don’t find the right agent who’s willing to help them through the homebuying process.
  4. They don’t do enough to make their offer look appealing to the seller.
  5. They don’t think about resale before they buy.  The average first-time buyer only stays in a home for four years.  *Source:  Real Estate Checklists and Systems www.realestatechecklists.com

Real Estate Home Buyer Tax Credit

Questions answered for the fast approaching  expiration date for home buyers credit,  The credit expires April 30, 2010.

Some of the more commonly-asked questions, and the answers, include:

1. How does a home buyer claim the tax credit?

The credit is claimed when the home buyer files or amends their federal income taxes. For qualifying homes purchased in 2009 or 2010, the taxpayer must complete IRS Form 5405 and attach a copy of the settlement statement. In most cases, the settlement statement is a properly executed Form HUD-1.

In circumstances where a HUD-1 is not provided, such as purchasing a mobile home or a newly constructed home, the IRS will accept an executed retail sales contract (mobile homes) or a copy of the certificate of occupancy (new homes).

2. Does the home buyer have to sell their current home in order to qualify for the $6,500 repeat home buyer tax credit?

A home buyer does not need to sell their current home in order to be eligible for the repeat buyer credit. They can continue to own both homes, and rent or use their former home for something else, as long as it no longer serves as their principal residence. The taxpayer is required to use the new home as their principal residence, and live in it for at least 36 months, or they will have to repay the credit.

3. Do married couples both have to meet the eligibility requirements in order to claim the credit, even if they file taxes separately?

Both spouses must fully meet all the eligibility requirements for either the $8,000 first-time home buyer tax credit or the $6,500 repeat buyer tax credit, regardless of if they file joint or separate tax returns. However, if an unmarried couple purchases a home and only one person qualifies, the eligible person may claim the full credit.

4. Do all home purchases need to be completed by April 30, 2010, in order to be eligible for the credit?

There are two exceptions to the April 30 deadline. If the buyer enters into a binding contract by the deadline, they have until June 30, 2010, to complete the purchase. The deadline has been extended a year, to April 30, 2011, for members of the uniformed services, Foreign Service or employees of the intelligence community who have been on qualified extended duty outside the United States for at least 90 days between January 1, 2009, and April 30, 2010.

Mesa Arizona New Attraction

Golfland, located just off of US 60 and Mesa Drive has added a new attraction to it’s menu. It is called the Thunder Falls and opens full time May 15th.  They are currently open now until March 21st with heated water.  Just another reason why Mesa and Arizona are such great places to live and buy a home in.

Home Values of Older Americans Begin to Rebound in Fourth Quarter 2009

Golden Gateway Financial, a financial resource for seniors and retirees, recently released new usage data from its online Reverse Mortgage Calculator that showed average home values for older Americans have halted their slide after remaining flat or declining for seven consecutive quarters. The national average self-reported home value of older Americans rose from $369,762 in the third quarter of 2009 to $381,895 in the fourth quarter of 2009.

Older Americans were one of the last segments of the population to see home prices rebound, but overall home values for seniors remain significantly lower than 2008 levels. Despite this rise in the national average, the report also showed significant decline in many large states, including Florida, Texas and New York.

This mixed recovery in terms of senior home values will likely continue as individual markets reduce inventory and regain their footing. Data from the most recent S&P/Case-Shiller Home Price Indices shows that many markets within these states continue to show improvement, and this should eventually contribute to an increase in home values for older Americans as well.

“Even a minimal gain in home value is a reassuring sign for older Americans because many of these individuals live on a fixed income and rely on their home to support their retirement lifestyle,” said Eric Bachman, founder and CEO of Golden Gateway Financial. “This is especially true for those considering a reverse mortgage because as their home increases in value, so does their potential for greater reverse mortgage proceeds.”

Additional observations from the data include:
-The average age of users remained roughly consistent
-Self-reported senior home values rose by a little more than 3%between the third and fourth quarter of 2009
-The average existing forward mortgage debt dropped slightly to $143,360
-Reverse mortgage average max up front proceeds available rose by roughly 3% while the average max monthly proceeds available dropped by 13%

Home Builders Using Homebuyer Tax Credit?

Builders looking to cash in on homebuyer tax credit?

New housing stats rose 21 percent in January from a year ago, the Census Bureau said today, to a seasonally adjusted annual rate of 591,000.

That’s up from a record low pace of 479,000 units per year seen in April, but still well off the 1 million to 2 million-a-year range that’s been the norm for five decades. During the last boom, housing starts peaked at 2.07 million in 2005.

Single-family home stats were up 36 percent from a year ago, to a seasonally adjusted rate of 484,000 per year.

Single-family home starts, which typically exceed 1 million a year when the economy is not in a recession, hit an all-time high of 1.72 million in 2005 before plunging to 445,000 last year.

Analysts said builders may be putting up homes on “spec” to beat the expiration of a federal homebuyer tax credit, currently limited to homes under contract by April 30 and closing by June 30.