Deciding to purchase a home will be one of the biggest investment decisions you’ll make in your life, but it can be confusing for the first-time home buyer to know all the ins and outs of buying a home. If you’re wondering what things first-time buyers often forget about before purchasing a home, here are three important things that you’ll want to keep in mind.
Ignoring Their Credit History
If you have a high debt load or you haven’t been making your minimum payments, it can be pretty frightening to consider looking at your credit report, but it’s very important to do this before applying for a mortgage. A lender will be taking a look at your credit history and reviewing it carefully before approving your application, so it’s important for you to be aware of what your credit history says about you and how it might impact your mortgage.
Buying Too Much Home
It’s easier than you might think to be swayed into purchasing your dream home, but it’s necessary to keep a cool head and make an informed decision so that your home investment can be financially beneficial for you. The amount you should be paying for a home on a monthly basis will leave you with enough that you can pay for the necessities, any existing debts and any extras while still having wiggle room in case of emergency. While you may want to spend a little more, this can end up being a mistake if things don’t go as planned.
Forgetting The Documentation
This may be among the easiest of steps, but not having the appropriate documentation can push back your home purchase, so ensure you have all the necessary paperwork for when you need it. Beyond the Verification of Rent you’ll need from your previous landlord, it’s also important to make sure that you have liquid assets not just investments and RRSPs as this will prove to the lender that you can handle a financial hurdle in the event that it arises.
There are so many things involved in obtaining a mortgage that it can be easy to forget some very important aspects of approval. By being aware of your credit history and keeping your payment price within your means, you’ll be well on your way to a sound purchase. If you’re currently looking to purchase a home, give me a call to get started on the right path – J.P. Cook – 602-320-4253.
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2524 Old Rim Road
Forest Lakes, AZ 85931
$660,000
3
Beds
2
Baths
1,939
SqFt
Status
Active
MLS #
6727059
Property Type
Single Family Residence
Price Type
--
Charming Cabin in Forest Lakes - A Mountain Paradise! Welcome to your dream cabin nestled in the heart of Forest Lakes! This enchanting 3-bedroom, 2-bathroom retreat boasts a large great room with dramatic vaulted ceilings, seamlessly adjoined by a formal dining space featuring a cozy pellet stove. The spacious kitchen is complemented by a large interior laundry room with pantry shelves, providing ample storage and convenience. The cabin's sturdy metal roof and large detached toy garage with a roll-up door and side service door are perfect for housing your side-by-side or boat. Relax and unwind on the expansive covered front patio, surrounded by apple trees laden with fruit, and towering mature blue spruce and Ponderosa pine trees, creating your own private enclave. see more... Equipped with a backup generator and featuring numerous seller-made improvements((see a complete list of seller's improvements below) including foam insulation, new doors to the back patio, and a new 200-amp electric service panel, this cabin is ready for all seasons. Enjoy the proximity to the Sitgreaves National Forest, just a few steps down the trail from your backyard! Forest Lakes, an island in the middle of the forest, is home to the world's largest stand of Ponderosa Pine trees. Residents enjoy a 4-season climate with the best summertime weather, just a scenic 2-hour drive from the Phoenix Valley. Escape the heat and discover the serene beauty of this coveted cabin getaway location. Experience the perfect blend of nature, tranquility, and modern amenities in this exceptional Forest Lakes cabin. Don't miss this rare opportunity to own a piece of mountain paradise! List of Seller's improvements: 2 water heaters replaced 2 years ago New footer around non-concrete foundation with new insulation and sealing done underneath floor All new flooring & carpets New stairs & handrails Foam insulation, drywall and can lighting upstairs New front entry & 2nd bathroom doors Replaced all single pane windows with dual pane Generator purchased 7 years ago (automatic switch) Sealed and foamed connection point between original cabin and add-on Installed linen closet in front bathroom Installed can lighting in dining room/living room area Installed ridge beam & supports Framed out for skylight in 3rd bedroom Replaced window with sliding arcadia door & spray foam leading to backyard Installed pellet stove Grated & pea gravel on driveway 14x20 ATV garage/shed Removed 25 over-crowded trees Removed French doors in Owner's suite & replaced with window & spray foamed wall Ecobee Wi-Fi enabled thermostat & front door monitor
1813 E Patrick Lane
Phoenix, AZ 85024
$660,000
3
Beds
2.5
Baths
2,677
SqFt
Status
Active
MLS #
6742740
Property Type
Single Family Residence
Price Type
--
Beautiful home in highly desirable Eagle Bluff! Formal living and dining areas welcome guests to this magnificent home. Kitchen has been redesigned with large custom island, stainless steel appliances and an abundance of storage all open to large family room great for entertaining! Upstairs features oversized loft, large master suite and spacious additional bedrooms. In addition to large patio, low maintenance yard features custom gazebo with lighting, ceiling fan and built in bbq. Garage features built in cabinets and additional storage shelf. High end iron work featured both inside and out! This great property is minutes from shopping, schools, freeways and restaurants.
36601 N Mule Train Road
Carefree, AZ 85377
$660,000
2
Beds
3
Baths
1,970
SqFt
Status
Active
MLS #
6747936
Property Type
Townhouse
Price Type
--
Very nice downstairs condo in a beautiful well kept gated community. It features 2 large bedrooms, 3 full baths and a den/office. Newer tile, SS appliances and A/C in the larger part of the condo. 2 covered patios to enjoy your morning coffee. This is a great place to live! Social events at the clubhouse all the time from Fall to Spring! Beautiful pool area with a hot tub and waterfall. Come check it out!
6411 S River Drive Unit 21
Tempe, AZ 85283
$660,000
2
Beds
3
Baths
2,437
SqFt
Status
Active
MLS #
6755605
Property Type
Townhouse
Price Type
--
Wow! Big price adjustment! Motivated Seller, lets get it sold! This is a beautiful and spacious townhome in the best kept secret community in Tempe! The Cottonwoods is a small community of 68 homes in the heart of Tempe, near all of the Valley's venues. The quick access to the freeway opens up the whole Valley to you in minutes, no matter where you may be headed, the airport is 12 minutes away. This home has 2 nice patio areas, 2 master bedrooms, a loft upstairs that is large enough for an office and or murphy bed set up for unexpected guests. So many custom touches are added into this home, you must come see. all furniture that is currently in the home can convey with home.
4133 E Sidewinder Court
Gilbert, AZ 85297
$660,000
4
Beds
2.5
Baths
2,502
SqFt
Status
Active
MLS #
6756461
Property Type
Single Family Residence
Price Type
--
New Paid Solar! New pool, New AC, New flooring, New windows, New patio doors, granite countertops, extended kitchen island, stainless steel appliances, a tiled backsplash, and wine fridge. New non slip floors, and carpet. This 4 bedroom, 2.5t bathroom home in the heart of the coveted community of Power Ranch has been remodeled and upgraded from top to bottom w/ over $130k in upgrades. Has ample kitchen storage, a custom living room fireplace and spacious living areas. The oversized primary bedroom suite is complete with an extended private balcony, his and hers vanities, a huge soaking tub, a tiled walk-in shower and plenty of closet space. Enjoy the extended covered patio, crystal blue pool and spa, low maintenance landscaping, a built-in fire pit and relaxing seating under the pergola Upgrades on Home
7209 W Larkspur Drive
Peoria, AZ 85381
$660,000
5
Beds
3
Baths
3,267
SqFt
Status
Active
MLS #
6759869
Property Type
Single Family Residence
Price Type
--
Welcome to this spacious 5-bedroom, 3-bathroom basement home situated in a well-established neighborhood within the highly sought-after Peoria School District. Inside, you'll find a thoughtfully designed floor plan that offers spacious living areas and modern amenities. The main floor features the primary suite along with a guest bedroom and bath, both of which have been recently updated. The finished basement includes a large family room, three additional bedrooms, and another guest bath, ideal for those seeking extra space and flexibility, multi-generational living, or entertaining guests. Step outside to an entertainer's dream backyard. The sparkling pool is perfect for relaxation and enjoyment, while the outdoor kitchen sets the stage for al fresco dining and summer barbecues. The custom playground and inground trampoline are great features for outdoor enjoyment and recreation. The oversized cul-de-sac lot showcases artificial turf in both the front and back yards, enhancing practicality and curb appeal. Additionally, a spacious storage shed in the side yard offers convenient space for tools, toys, or seasonal items. This property is nestled in a desirable community with access to excellent schools and nearby amenities, making it the perfect combination of comfort, functionality, and entertainment. Don't miss the chance to make this your forever home!
7908 W Rose Garden Lane
Peoria, AZ 85382
$660,000
4
Beds
2
Baths
2,334
SqFt
Status
Active
MLS #
6772892
Property Type
Single Family Residence
Price Type
--
Nestled in the desirable Fletcher Heights Great corner lot with 4 bedrooms and a large den with beautiful french doors. The back yard is your private oasis retreat perfect for relaxing or entertaining! The kitchen has stainless appliance package, gorgeous quartz counters, a huge island, and painted cabinets with hardware! Split floorplan with Large primary bedroom with double doors opens to the primary bathroom that has a separate tub and shower and upgraded counters, door going to the backyard Wood looking tile flooring in the bedrooms accents the upgraded baseboards. New roof in 2020! A few miles Arrowhead shopping and dining.
12380 W Palo Brea Lane
Peoria, AZ 85383
$660,000
4
Beds
2.5
Baths
2,476
SqFt
Status
Active
MLS #
6776625
Property Type
Single Family Residence
Price Type
--
This gorgeous 4-bedroom home with a 4-car garage with owned solar! Meticulously-designed interior showcases wood flooring, thick baseboards, chic light fixtures, fire sprinklers, and a formal living room. Perfect for entertaining, the spacious great room features pre-wired surround sound for an enhanced experience. Open-concept kitchen offers abundant cabinetry topped with crown moulding, built-in appliances, a convenient pantry, granite counters, and a prep island with a breakfast bar. Large & bright primary retreat awaits, complete with plush carpet and an ensuite comprised of dual sinks, soaking tub, and a walk-in closet. Serene backyard promises endless fun under the sun, boasting a covered patio, grassy area, and a refreshing pool. This gem will sell fast! Hurry
7064 E Osage Avenue
Mesa, AZ 85212
$660,000
4
Beds
2.5
Baths
2,698
SqFt
Status
Active
MLS #
6780359
Property Type
Single Family Residence
Price Type
--
Price improvement! Hurry! Awesome move in ready home in great Mesa location, Gilbert Schools. Pull up to this adorable home with front porch. Open the door to an exceptional family home. sellers have done it all here. Plantation shutters, unique wood features, drop zone off garage, 2 pantries. Large loft area would make great office or children's play area, fenced saltwater pool w/slots for volleyball,/basketball. 2 1/2 baths, .2nd floor laundry, tasteful decor. This home is very special! Newer a/c has transferable warranty, 5 years labor, 10 years parts. see upgrades list in documents. Don't miss this one!!!
132 E Echo Lane
Phoenix, AZ 85020
$660,000
3
Beds
2
Baths
1,725
SqFt
Status
Active
MLS #
6780454
Property Type
Single Family Residence
Price Type
--
Charming 3-bed, 2-bath remodeled home with 1,725 sq ft of stylish living space in a peaceful, private community. Enjoy a prime location, just a stroll from Central Ave's Bridle Path, trendy dining spots, and vibrant nightlife. Discover serenity and convenience! Located in the North Central Avenue corridor in a private community of 48 patio homes. Recent upgrades, including new windows, AC, roof, and water heater, add reliability and efficiency. Inside, you'll find a beautifully equipped kitchen with stainless steel appliances, quartz countertops, and a convenient pot filler over the range, along with refinished bathrooms and fresh carpet & tile throughout. The home also offers a spacious 2-car garage and an inviting outdoor area complete with a private pool and tranquil water garden.
25615 S Ribbonwood Drive
Sun Lakes, AZ 85248
$660,000
2
Beds
2
Baths
2,137
SqFt
Status
Active
MLS #
6777179
Property Type
Single Family Residence
Price Type
--
GOLF COURSE LOT HAND-PICKED at GRAND-OPENING of PALO VERDE! ENJOY VIEWS down 2 fairways! Luxurious Plantation Shutters, Vaulted Ceilings, Fans Thruout. Dream Kitchen-Gorgeous Granite, Double Wall Ovens, Garden Window,Kitchenaide Stainless Steel Appliances. Formal Dining Rm. Mirrored WetBar.Entertainment Center is optional.1st BRm 19X15! Amazing Views! Step out to Covered Patio on wide lot with Citrus Trees. Flowering Desert landscaping on auto-watering. Enjoy Jetted Spa Bath. Beautiful Travertine Showers in Both Baths. 2nd BRm15x14! Has built-in Office. 5ft extended Garage Custom Builtin Wall of Cabinets, Work Bench+ GOLF CART garage! HANDICAPPED FEATURES. ¼ MILE TO PRIVATE Palo Verde Clubhouse, Pools. Activities. Guarded 24/7. OwnedSolarElectric Panels
1176 E Erie Street
Gilbert, AZ 85295
$659,999
4
Beds
2
Baths
2,136
SqFt
Status
Active
MLS #
6753945
Property Type
Single Family Residence
Price Type
--
This 4-bedroom, 2.5-bathroom gem in the heart of Gilbert is MOVE IN READY with a NEWER AC and NEWER hot water heater, giving you serious energy savings! Step inside and prepare to be wowed by the open-concept living area - perfect for all the cozy nights in or lively get-togethers! The gourmet kitchen has granite countertops, modern white cabinets, HUGE pantry and a big island. But the real showstopper? The backyard! This outdoor space is next level. With a fenced pool, TWO outdoor sheds, an outdoor bar and grill and a covered patio! & don't forget about the the garage with built-in cabinets! Plus there's a laundry room just off the entrance with a built-in beverage fridge! Located in a prime Gilbert neighborhood with easy access to top schools, shopping, and dining.
