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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3971 E Barbarita Avenue
Gilbert, AZ 85234
$545,000
4
Beds
2.5
Baths
1,946
SqFt
Status
Active
MLS #
6785213
Property Type
Single Family Residence
Price Type
--
Stunning El Dorado at the Highlands home just hit the market in Gilbert! This beautiful two story home features 4 bedrooms, 2.5 bathrooms and 1946 sq ft of living space. The first floor features a formal living and dining area with vaulted ceilings and bright windows. Large family room with built in office space that overlooks the kitchen. The kitchen comes with quartz countertops and a beautiful center island. New laminate flooring throughout entire house. All bedrooms are on the second floor. Entertain in style under the covered patio or by the outside firepit on brand new pavers. Large backyard also has a spacious storage shed. Located in a quiet neighborhood in the highly coveted Gilbert Unified District. Includes RO, Water Softner System, and All NEW Turf!!
241 N Senate Street
Chandler, AZ 85225
$545,000
3
Beds
2
Baths
1,788
SqFt
Status
Active Under Contract
MLS #
6769053
Property Type
Single Family Residence
Price Type
--
WELCOME HOME! Highly upgraded 3BR+ den home in the immaculate Santa Maria neighborhood. The gourmet kitchen features premium staggered cherry cabinets, granite slab countertops, stainless steel appliances and full-size pantry. The spacious great room includes a large dining area and recessed media alcove, perfect for entertainment. This home offers a desirable split-bedroom floorplan with wood floors, large closets, and spacious primary suite. The private backyard is fully pavered, complemented by low maintenance artificial turf. Located near award-winning schools, top-notch shopping, and excellent restaurants.
1 W Fairmont Drive
Tempe, AZ 85282
$545,000
5
Beds
3
Baths
2,122
SqFt
Status
Active Under Contract
MLS #
6780903
Property Type
Single Family Residence
Price Type
--
Nestled in the heart of Tempe, just off Mill Avenue, stands a charming 4- bedroom home boasting both convenience and versatility. This inviting residence offers spacious living areas ideal for families or savvy investors seeking rental income. The highlight? An attached 5th bedroom with a separate entrance and bath, perfect for guests, tenants, or a home office. With its prime location and flexible layout, this property promises endless possibilities, whether as a cherished primary home or a lucrative investment opportunity.
2 E Muriel Drive
Phoenix, AZ 85022
$545,000
4
Beds
2
Baths
2,414
SqFt
Status
Active
MLS #
6618222
Property Type
Single Family Residence
Price Type
--
Charming 4-Bedroom Brick Home with a Dream Backyard in Phoenix!** Welcome to this spacious and inviting 4-bedroom, 2-bathroom home located at 2 E Muriel Dr, Phoenix, AZ 85022. This beautiful brick property boasts over 2400 square feet of living space, perfect for a growing family or those who love to entertain. Step inside and discover a bright and open floor plan, ideal for modern living. A large living area with plenty of space for relaxing and gathering with loved ones. A well-equipped updated kitchen with ample counter space and cabinetry. Four bedrooms, offering privacy and comfort for everyone. Two bathrooms, providing convenience for residents and guests But the true star of the show is the backyard! This fully fenced outdoor space is perfect for creating your own desert oasis and entertaining friends and family. Take a dip in the sparkling pool, complete with a thrilling water slide for added fun. Afterward, fire up the outdoor grill and enjoy a delicious BBQ on the patio or deck. The exterior of the home is equally impressive, with a charming brick facade that adds to the property's curb appeal. The front yard features low-cost desert landscaping, saving you money on water bills and upkeep, while still offering a beautiful and low-maintenance aesthetic. Location, Location, Location! This fantastic home is minutes away from everything you need for an enjoyable Arizona lifestyle. Desert Ridge: Immerse yourself in the excitement of Desert Ridge, offering world-class shopping, dining, and entertainment options. Pointe Golf Club: Hone your golfing skills or enjoy scenic views at the nearby Pointe Golf Club. Schools and Colleges: The property is conveniently located near excellent schools and colleges, ensuring a quality education for all ages. Employment Hub: Enjoy the convenience of being close to employment opportunities at Fortune 500 companies. Scenic Beauty: Take in the breathtaking beauty of the surrounding desert landscape. Easy Access: This property boasts easy access to major freeways, including I-17, AZ Route 101, and AZ Route 51, allowing for effortless commutes throughout the Phoenix area. Don't miss your chance to own this move-in-ready gem! This property is priced to sell at $550,000, making it an incredible value.
1137 N Gibson Street
Gilbert, AZ 85234
$545,000
4
Beds
2.5
Baths
2,142
SqFt
Status
Active
MLS #
6751088
Property Type
Single Family Residence
Price Type
--
Enjoy the beautifully remodeled kitchen, flooring, bathrooms, painting, new hot water heater and so much more. This home has the perfect floor plan for a family. The backyard is huge and has a sparkling beautiful pool. There is a an RV gate and an extra driveway on the side. No HOA. The home is on a corner lot and a very short walking distance to a gorgeous park with playground. The location is within a few minutes from fantastic shopping and restaurants. You will not be disappointed.
9506 E Monterey Avenue
Mesa, AZ 85209
$545,000
4
Beds
2
Baths
1,912
SqFt
Status
Active
MLS #
6696251
Property Type
Single Family Residence
Price Type
--
Seller may consider buyer concessions if made in an offer. Welcome to this beautiful home with a neutral color paint scheme, fresh interior paints, and new flooring throughout. The property's charm extends to the kitchen with its practical island, all stainless steel appliances for a sleek modern look. Retreat to the comfort of the primary bedroom boasting a generous walk-in closet, an bathroom designed to provide a spa-like atmosphere with double sinks, as well as a separate tub and shower. When the indoor charm is not enough, step out to the fenced-in backyard, ready for all-season enjoyment featuring a private in-ground pool and a patio perfect for relaxation. The low maintenance landscaping adds an extra charm keeping the property's exterior looking fresh and appealing with minimal eff
508 N Sierra Vista Drive
Wickenburg, AZ 85390
$545,000
3
Beds
2
Baths
1,402
SqFt
Status
Active
MLS #
6702101
Property Type
Single Family Residence
Price Type
--
SPACIOUS RV garage! Tons of storage!! Relax with the large covered patio or sit in the beautiful salt water spa with chiller on the warm summer days. Enjoy mountain views from the front and backyard of the home in Mariposa Heights. Store all the toys and much more in the fabulous detached RV garage. Electrical RV hook ups inside, beautiful custom built-in cabinets, cable TV available, and fully insulated-even the garage doors! In 2019 $30k worth of new Renewal by Anderson windows and sliding glass doors throughout the home and garage as well as insulation added to the roof. Outside is a low maintenance, desert landscaped yard. The yard is fully fenced and the walls are conveniently outfitted with electrical outlets. The home has Saltillo tile floors, vaulted ceilings, a fireplace, and a full house water filtration system.
1667 Little Pine Trail
Forest Lakes, AZ 85931
$545,000
3
Beds
1
Bath
1,125
SqFt
Status
Active
MLS #
6710888
Property Type
Single Family Residence
Price Type
--
Mogollon Rim Retreat! Discover ''The Rim Life,'' a charming cabin that embodies the ideal Mogollon Rim Country lifestyle. Nestled in the premier cool weather getaway of Forest Lakes Estates, this lovely cabin offers every amenity needed for a tranquil escape. The well-equipped island kitchen opens to a spacious great room featuring a cozy wood-burning stove, perfect for creating lasting memories with family and friends. Enjoy the serene views from the covered front porch or the expansive, high-quality covered deck at the back, overlooking a picturesque grassy meadow. The property includes a large detached garage with a workbench, providing ample space for your fishing boat, UTV, and all your mountain adventure toys. Built with quality 2'' x 6'' wood frame construction, blown-in insulati and a durable metal roof, this cabin is in excellent condition. Situated on a one-acre site adorned with towering native Ponderosa Pines, the property also features a beautiful Sunset Maple tree and several fruit trees, including Gala Apple, Fuji Apple (dwarf), Rainier Cherry, and Bing Cherry. This home is being sold furnished, just bring your suitcase and begin creating memories! Located atop the Mogollon Rim, Forest Lakes Estates is surrounded by the Sitgreaves National Forest recreation area, offering endless outdoor pursuits. Enjoy ultimate privacy and breathtaking scenery, with frequent visits from deer, elk, wild horses, and other wildlife. Just minutes away, you'll find lakes and streams teeming with fish, providing excellent fishing opportunities. This beautiful cabin provides year-round access and four distinct seasons, with an average summer high temperature in the mid-70s. Imagine owning your own private retreat in the world's largest stand of Ponderosa Pine trees, with the world's best summer weather, just a scenic two-hour drive from the sweltering heat of Metro Phoenix. Don't miss your chance to claim this cool country lifestyle. See The Rim Life Cabin today and start making your dream a reality!
3829 W Thunderbird Road
Phoenix, AZ 85053
$545,000
6
Beds
3
Baths
2,450
SqFt
Status
Active
MLS #
6718858
Property Type
Single Family Residence
Price Type
--
Lease Details: Monthly lease of $3,588. Tenant pays their own electric; landlord pays water/sewer/trash (~$85/month). Welcome to Thunderbird, where luxury meets functionality! Elevate your living experience with our top-of-the-line appliance offerings, meticulously curated to enhance every corner of your dream home. ✨ **Heat Pumps (Refrigerated Air + Heater)** x2 Enjoy year-round comfort with efficient heating and cooling solutions. Our heat pumps ensure optimal climate control, keeping you cozy in winter and cool in summer. ✨ **¾ Ton Mini Split for Casitas (Bedroom #6)** Tailored comfort for your personal retreat. This mini-split system provides targeted climate control, perfect for creating a peaceful sanctuary in Bedroom #6. See Additional information below < Discover this SFH being remodeled < Welcome to Thunderbird, where luxury meets functionality! Elevate your living experience with our top-of-the-line appliance offerings, meticulously curated to enhance every corner of your dream home. ( **Heat Pumps (Refrigerated Air + Heater)** x2 Enjoy year-round comfort with efficient heating and cooling solutions. Our heat pumps ensure optimal climate control, keeping you cozy in winter and cool in summer. ( **¾ Ton Mini Split for Casitas (Bedroom #6)** Tailored comfort for your personal retreat. This mini-split system provides targeted climate control, perfect for creating a peaceful sanctuary in Bedroom #6. ( **Instant Water Heater/Tankless Natural Gas** Experience endless hot water on demand. Our tankless water heater combines efficiency with convenience, ensuring you never run out of hot water during those long showers. ( **Washer / Dryer** Effortless laundry days await with our high-capacity washer and dryer duo. Designed to handle large loads efficiently, they're your partners in keeping clothes fresh and clean. ( **Two Refrigerators (French Doors x2)** Double the storage, double the convenience! Our French door refrigerators offer ample space and advanced cooling technology to preserve your groceries at their best. ( **Garbage Disposal + Dishwasher + Over the Range Microwave + Stove (Electric)** Create culinary masterpieces in your gourmet kitchen. Our suite of appliances includes a powerful garbage disposal, a sleek dishwasher for effortless cleanup, an over-the-range microwave for quick meals, and an electric stove for precision cooking. ( **Huge Backyard, Spacious Living Room, and Eat-In Kitchen** Entertain with ease in your expansive living room and enjoy family meals in the inviting eat-in kitchen. The heart of your home awaits unforgettable gatherings and cherished memories. Transform your lifestyle with Thunderbird's exclusive appliance collection. Each piece is chosen to complement the luxury and functionality Thunderbird homes are renowned for. Embrace a new standard of livingwhere every detail is designed to exceed your expectations. <á **Live. Thrive. Thunderbird.** <á
1126 E San Remo Avenue
Gilbert, AZ 85234
$545,000
4
Beds
2.5
Baths
1,848
SqFt
Status
Active
MLS #
6719103
Property Type
Single Family Residence
Price Type
--
Discover this stunning, NON HOA, fully renovated 4-bedroom, 2.5-bath home in a highly sought-after Gilbert School District. Boasting 1,848 sq ft of modern living space, this gem features new A/C, water heater, roof, flooring, a beautiful kitchen, and luxurious bathrooms. Freshly painted inside and out, the home also includes an RV gate. Just minutes from Freestone park, Dana Park, Downtown Gilbert, and the US 60. Don't miss this incredible opportunity to own a beautifully updated home in a prime location!
10542 E Simone Avenue
Mesa, AZ 85212
$545,000
3
Beds
3
Baths
2,178
SqFt
Status
Active
MLS #
6725571
Property Type
Single Family Residence
Price Type
--
This incredible single-story residence will surely impress you! Charming curb appeal with a well-maintained front yard, stone detailing, a 2-car garage, & a cozy front porch. Come inside to find an inviting hallway that ushers you to the desirable open layout filled with abundant natural light. The home exudes elegance with its high ceilings and soothing paint tones complemented by tile and wood-style flooring. The gourmet kitchen is fully equipped with granite counters, recessed lighting, a walk-in pantry, staggered wood cabinetry w/crown molding, & an island w/a breakfast bar. Main retreat has a walk-in closet & a private bathroom w/dual sinks & a step-in glass shower. Retreat to the perfectly sized backyard adorned with a covered patio & synthetic lawn. This gem will not disappoint!
72 N 163rd Drive
Goodyear, AZ 85338
$545,000
5
Beds
3
Baths
2,984
SqFt
Status
Active
MLS #
6722906
Property Type
Single Family Residence
Price Type
--
2 new air conditioners. Solar owned. 1st floor bedroom and 1st floor full bath convenient for guests. Family room is in the center of this home. Formal dining room is off kitchen and formal living. Kitchen has upgraded stainless steel appliances, island with seating, dining area and door to covered patio. Laundry room includes a front load washer and dryer plus additional room for a second refrigerator. Fabulous staircase leads to large loft area. Oversize primary suite has room for a sitting area to relax after a long day. Swing set included.