5 Things Renters Should Know About Owning

Moving can already be one of the most stressful times in a person’s life, but it may be doubly so for a new home owner.  For renters who aspire to be home owners, transitioning from an apartment to a house requires a shift in thinking that you may or may not be prepared to make. The financial changes that come with owning, the need to consider planting longer-term roots in a neighborhood, and new neighborhood rules are things renters may not be thinking about enough.

You need to understand how your financial investment is changing. Renters may see an increase in your monthly rent every lease term, but you don’t see exactly where it goes — toward property taxes and insurance, even “luxuries” such as trash pickup. As home owners, you don’t have a landlord who handles all those details, so you need to be ready to juggle the financial responsibilities of home ownership. Be aware of the importance of budgeting to make sure you make smart financial decisions during this process.

You need to be happy with your location for the long-term. As a renter, you can bounce around from home to home every year if you want. But when you own a home, you have to stay put — unless you plan on renting it out, which most home owners don’t.  Location is going to play a much more significant role in your future, so you should think about evaluating school districts, access to amenities, and commute time now as you search for your next home.

You may need to abide by new rules. Renters don’t think about possible homeowner association rules you may be governed by, such as trash pickup rules or any curfews or rules pertaining to animals. Make sure to get all the information on neighborhood rules and associations to understand what your new obligations will be.

You’ll need to get into the mindset of an owner. Life as you know it is about to change. Once you purchases a new home, you will no longer have a landlord to tend to your many needs, including lawn care and plumbing.  I will provide you with contact information for local industry experts including certified specialists ranging from HVAC companies to carpenters to electricians. You don’t have to do everything yourself – however, you will have to pay for it yourself.

Know your neighbors can affect your home value. Renters typically don’t care who their neighbors are as long as they’re quiet (enough).  Property value comes down to curb appeal. Less-appealing neighborhoods often have more-appealing prices, which is not always good for buyers and home owners.

When you’re ready to stop renting and become a homeowner, I’d love to help.  Give me a call – J.P. Cook – 602-320-4253.

Source: Rob Rimeris is owner of EverSafe Moving Co. in Philadelphia. EverSafe is a five-star, full-service company that offers affordable moving and storage services.  http://realtormag.realtor.org/daily-news/2016/08/11/5-things-renters-should-know-about-owning?om_rid=AAT6BZ&om_mid=_BXthPGB9RSTgPN&om_ntype=NARWeekly

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10721 E La Junta Road Scottsdale, AZ 85255

Open House

$4,500,000

5 Beds

5.5 Baths

7,208 SqFt

Status Active

MLS # 6754692

Property Type Single Family Residence

Price Type --

Indulge in the epitome of luxury at Artesano Grande, a sprawling estate meticulously maintained and upgraded with remarkable elegance. A connoisseur's dream awaits in the gourmet kitchen, featuring Viking appliances, a butler's pantry, multiple ovens, and two dishwashers. Seamlessly flowing into the great room, this culinary dream kitchen creates an ideal setting for elegant entertaining, including a stunning temperature-controlled wine room. The Multiple living areas offer versatile spaces for relaxation and rejuvenation, complemented by a dedicated home office, a serene wellness room, and a home gym/yoga studio. Each private bedroom is an oasis of comfort, complete with ensuite bathrooms and ample storage. Step outside to discover an expanded covered patio, perfect for alfresco dining and entertaining. The outdoor kitchen and shade structures create an inviting ambiance, while the new, transformed pool, featuring a spacious Baja shelf and captivating fire and water features, beckons for refreshing relaxation. Immerse yourself in breathtaking city-light and sunset views and the allure of a nearby country club. Enjoy substantial energy savings with a 2014 grandfathered whole-home solar system. Modern conveniences abound with two EV chargers, ensuring effortless charging for electric vehicles. The home is equipped with four HVAC units for optimal climate control, while the central vac system simplifies cleaning and maintenance. Discover the unparalleled lifestyle awaiting you at Artesano Grande.

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11988 E Larkspur Drive Scottsdale, AZ 85259

Open House

$4,500,000

6 Beds

6 Baths

8,904 SqFt

Status Active

MLS # 6671869

Property Type Single Family Residence

Price Type --

Step into your exquisite sanctuary nestled within the esteemed gated Ancala Country Club golf community. This exceptional custom home is perched on a sprawling hillside lot, commanding awe-inspiring views of the city lights below. Indulge in the artfully crafted interior, where every detail exudes sophistication and elegance. From the high-end finishes to the opulent amenities, no expense has been spared in creating a space that is as luxurious as it is inviting. With six bedrooms, an office, a theatre, bonus room, and fitness center that can easily be converted to an in-law suite, five full baths, three powder baths, this home is designed to exceed every expectation of comfort, style, and luxury. Retreat to the sumptuous primary suite, a haven of relaxation boasting a spa-like bathroom, spacious his and her walk-in closets, and a private balcony offering a serene escape with breathtaking views. Outside, a resort-style paradise awaits, featuring a glistening pool, a tranquil spa, a cozy firepit and fireplace, gas bbq, perfect for unwinding or entertaining guests against the backdrop of the stunning landscape. Located up the mountain in Ancala Country Club, where you have the option to join the club if you wish, including a social or full golf membership.

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4861 E Marston Drive Paradise Valley, AZ 85253

$4,499,999

4 Beds

4 Baths

5,892 SqFt

Status Active

MLS # 6742885

Property Type Single Family Residence

Price Type --

SELLER MAY CARRY! No rental restrictions! Priced under $800/sqft, this elegant home sits on a large lot with stunning views of Camelback Mountain and Camel's Head. It features soaring ceilings, marble floors, and a private courtyard surrounded by lush landscaping. The resort-style backyard offers a sports court, putting green, cactus garden, and pool with new plumbing and digital pumps. Recent upgrades total $150k including paint, concrete finishes, and a new irrigation system. The gold leaf front door and chandeliers appraised & insured for $200k+. 4-car garage with carport make this home a rare find!

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6902 N Highlands Drive Paradise Valley, AZ 85253

$4,499,999

4 Beds

5.5 Baths

5,509 SqFt

Status Active

MLS # 6753805

Property Type Single Family Residence

Price Type --

THE BEST KNOCKOUT VIEWS AT A STEAL OF A PRICE! Where else can you get ALL THIS: One-of-a-kind hillside with UNOBSTRUCTED panoramic views of Camelback, Phoenix Skyline, Mummy Mountain, and PV fireworks. Your family and guests will be amazed by 5 view decks and the heated infinity pool & spa that let you feel like you're swimming into a limitless Arizona horizon. Perfectly positioned for privacy: no neighbor directly on top of you. Quiet dead-end street. And the desert hillside is a fortress that naturally shades & cools the house in the afternoons. All bedrooms are en suite with balcony/patio access including TWO Primary Suites! Floor-to-ceiling windows, two-story waterfall, 3 fireplaces, 2 wet bars, and temp-controlled pantry/wine room. WATCH THE VIDEO and SEND YOUR OFFERS! *** 8 AVMs (Automatic Valuation Models) value this home at an average of $5.05 MILLION! (Accessed 9/1/24: ATTOM, Movoto, Chase, Home Valuation, Realtordotcom, Public Data, Pennymac, and Wells Fargo). Don't miss this incredible opportunity to own a premium trophy location in Arizona's most prestigious ZIP code at a HUGE discount.

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6112 E Cortez Drive Scottsdale, AZ 85254

$4,499,900

5 Beds

4.5 Baths

5,266 SqFt

Status Active

MLS # 6769489

Property Type Single Family Residence

Price Type --

STUNNING ESTATE in the exclusive 24/7 Guard gated community of Equestrian Manor! This gorgeous designer infused remodel features an amazing open floor-plan with vaulted ceilings, wide plank white oak wood flooring, an exquisite kitchen with custom Rift White Oak cabinets, Babylon Quartzite counter-tops, updated lighting, coffee bar and high-end appliances, marble wrapped fireplace with real wood beams in the family room, all secondary bathrooms have decorative marble flooring, Rifted White Oak Cabinets with Quartz and Caesarstone counter-tops and mosaic tile & marble wrapped showers, formal living room has oversized bar, fireplace and grand sliders to the back patio, unbelievable primary bathroom with a HUGE tile wrapped shower and separate stand alone soaking up, dual vanities with Casablanca Quartzsite counter-tops, his and her separate toilets, spacious walk-in closet with endless custom shelving, new roof, synthetic stucco, fresh interior & exterior paint, designer millwork throughout, New Pella windows and doors, new paver circular driveway, new garage R18 insulated doors and more. The backyard boasts Greenwich Herringbone laid brick on patio, extended patio awning with tongue and groove wrapped patio ceiling, Sparkling Pebble Tech pool with travertine pool decking, Ramada with exterior fireplace and BBQ, basketball court, synthetic turf in the front and back yard, front and back yard perimeter installed Ficus columns for added privacy, new landscaping water system and LED landscape lighting and this house is on sought after Cul-De-Sac lot on the one of the best streets in the community! Motivated Sellers!

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8760 E Hackamore Drive Scottsdale, AZ 85255

Open House

$4,499,500

4 Beds

5.5 Baths

6,240 SqFt

Status Active

MLS # 6726473

Property Type Single Family Residence

Price Type --

Welcome to this luxurious 4-bedroom, 5.5-bathroom home with a separate guest house, located in a stunning Scottsdale location. This exquisite property boasts sprawling wood floors and offers breathtaking city light and mountain views. The main property sits at 5,371 square feet w/ a gorgeous guest house that is 869 sqft The interior is adorned with numerous upgrades, including elegant wainscoting and a huge kitchen featuring a massive island with granite counters, custom fixtures, and top-of-the-line Sub-Zero appliances. Step outside to your resort-style oasis, complete with a stunning pool, travertine patio decking, and a built-in patio area, perfect for entertaining and relaxing. Don't miss the opportunity to own this exceptional home in one of Scottsdale's most desirable areas

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10040 E Happy Valley Road Unit 1010 Scottsdale, AZ 85255

$4,499,000

4 Beds

4.5 Baths

5,047 SqFt

Status Active

MLS # 6752037

Property Type Single Family Residence

Price Type --

Nestled on the 17th Tee box on the world-renowned Jack Nicklaus Golf Course, & with Pinnacle Peak Mountain practically in the backyard, this exquisite Desert Highlands residence embodies the pinnacle of luxury living in North Scottsdale. Built in 2003 by Casa Del Oso & completely reimagined in 2022. Spanning a generous layout with 4 ensuite bedrooms, 4.5 bathrooms, & a 3 car garage, this property, offers an unparalleled lifestyle with full golf & tennis membership. Every inch of this estate has been meticulously redesigned for luxury, comfort, & entertainment. From the culinary dream kitchen featuring a 48-inch six-burner Wolf range with a griddle, custom cabinetry, 2 Subzero refrigerators, coffee bar, appliance pantry, California Faucets, spacious kitchen island with prep sink... leathered granite & quartzite counter tops, & all this with mountain & golf course views. You will be mesmerized by the breathtaking views in the large great room with dining area, gas fireplace, & custom bar inspired by New York's finest restaurant which features a marble countertop, custom cabinetry, custom lighting & beverage fridge. The primary suite is a sanctuary of tranquility with sliders out to the pool & spa, fireplace, standalone tub, stunning shower, dual vanities, make up area, & 2 walk in closets. There is a dedicated office, bonus room with sliders out to the backyard oasis, & modern designed powder room. Ownership includes full membership to Desert Highlands' Golf Club with $150,000 fee, which grants access to the golf course, the state-of-the-art tennis club, putting course, bocce ball, pickle ball, catch & release pond, & dog park. This home is an entertainer's dream with the outdoor spaces designed for year-round enjoyment, blending seamlessly with the stunning views & landscape. There are multiple patios, courtyards, and balconies including an outdoor kitchen with views, 2 outdoor fireplaces, a fire pit, putting green, pool & spa. The mountain views are second to none with views of Pinnacle Peak, Troon Mountain, & the McDowell Mountains with the property positioned to maximize the sweeping mountain vistas & city light views. Enjoy privacy, security, & the convenience of being minutes away from fine dining, shopping, and the natural beauty of the Arizona desert. Enjoy playing the world class course which was named as one of the top desert courses in the Nation. Home has an abundance of storage and a whole house water filtration system. Embrace a life where luxury meets the pinnacle of outdoor living. This Desert Highlands gem is more than a homeit's a masterpiece designed for those who demand excellence and exclusivity.

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6311 E Phoenician Boulevard Unit 18 Scottsdale, AZ 85251

$4,495,000

3 Beds

3.5 Baths

3,188 SqFt

Status Active

MLS # 6785989

Property Type Apartment

Price Type --

Nestled at the foot of iconic Camelback Mountain, Ascent is an exclusive new residential enclave neighboring The Phoenician Resort—one of Arizona's most prestigious luxury destinations. This exceptional community, set in Scottsdale's most desirable location, harmonizes with the surrounding Sonoran Desert landscape. This villa offers stunning views of the golf course and sweeping desert surroundings, featuring modern architecture with warm, natural materials, expansive floor-to-ceiling windows, spacious outdoor living areas with a built-in BBQ, a private elevator, and a two-car garage—creating a seamless connection to the breathtaking outdoors and a luxurious lifestyle.

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37445 N 104th Place Scottsdale, AZ 85262

$4,495,000

5 Beds

6 Baths

5,724 SqFt

Status Active

MLS # 6654477

Property Type Single Family Residence

Price Type --

Brand new contemporary build inside the prestigious Mirabel Golf Community, construction projected to be completed 1st quarter of 2025. Extremely functional open floor plan w/ impeccable details throughout, including rich wood tones accented by luxurious marble details and fluted wood accents. The kitchen features 2 islands. The dining room conveniently bridges the space between kitchen and great room, allowing for an extended dining table. The floorplan brings the indoor/outdoor living to life w/ floor-to-ceiling folding doors that open to the extra-large covered patio, perfect for entertaining. The exquisite and unique design of the resort-like pool makes it feel as though the pool flows into the home. Walk up the modern floating staircase to take in the breathtaking views of the golf.. course, McDowell Mountains, and Brown's Butte from the 2nd floor entertainment/guest area. Easy walking distance to the beautiful Mirabel Clubhouse. There is still time to personalize some finishes in the home! The attached videos of the interior and exterior give you a look into the completed project. Finishes may be subject to change based on availability.

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9673 E Oberlin Way Unit 15 Scottsdale, AZ 85262

$4,495,000

3 Beds

3.5 Baths

4,414 SqFt

Status Active

MLS # 6708869

Property Type Single Family Residence

Price Type --

Access to golf membership * Timeless contemporary architecture with south-facing golf course and Pinnacle Peak views in Estancia * Access to a golf membership at The Estancia Club is available with the purchase of this property subject to board approval * Open great room living with soaring ceilings that include tongue and groove detail, a dry-stacked stone fireplace and integrated formal dining area that is perfect for entertaining * Exterior architectural details include a convex vaulted roof treated in copper, dry-stacked stone walls and floor-to-ceiling windows * Updated kitchen with stainless steel Wolf and Subzero appliances, carrara marble counter surfaces and a cozy dining nook * The oversized Primary Suite includes herringbone-design wood flooring and access to the spa * There are two guest suites and a large office/media room * The outdoor living area includes a gas fireplace, covered patio dining area and heated pool and spa with golf course and mountain views *

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12934 E Corrine Drive Scottsdale, AZ 85259

$4,495,000

4 Beds

4.5 Baths

4,359 SqFt

Status Active

MLS # 6759314

Property Type Single Family Residence

Price Type --

The most remarkable home in Scottsdale Mountain with HUGE camelback and city views is now available. Fully rebuilt with a clean, Modern Organic pallet, this home makes you feel as though you are a part of the mountains. With no neighbors on 3 sides every room of this estate offers jaw dropping vistas. Step out back and you'll be blown away by the massive pool patio overlooking camelback mountain and the night lights. Inside, see extraordinary spaces and textures that capture the nature around you. Rift cut white oak cabinets and beautiful Quartzite, Moroccan plaster and unique tile patterns, White Oak Plank floors and floor to ceiling glass. Solid Oak doors and beautiful organic lighting. You must see this home in person to feel how it captures the romance of living on the mountain.

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5625 E Exeter Boulevard Phoenix, AZ 85018

$4,495,000

5 Beds

6 Baths

5,004 SqFt

Status Active Under Contract

MLS # 6750959

Property Type Single Family Residence

Price Type --

This quintessential Arcadia home is every family's dream. This sprawling ranch, located on the coveted Exeter Blvd in the heart of Arcadia, is as grand as it is charming. Enter through a custom Dutch entry door into a home filled with vintage wood flooring, beamed ceilings, and a chef's kitchen boasting custom cabinetry, Carrera marble countertops, high-end appliances, two dishwashers, a farmhouse sink, and a walk-in pantry with a second fridge. The versatile den is an ideal space for both kids and adults or can be transformed into a spacious mother-in-law suite. The Arcadia Proper cottage-style home offers a split floor planwith five bedrooms and six bathrooms. The primary suite includes a cozy fireplace, an oversized closet, a dual sink vanity, and a luxurious walk-in shower with a... ...clawfoot tub. A wall of glass sliders opens to the magnificent grounds, featuring stunning resort-style landscaping, a heated pebble tec pool and spa, and a covered patio. There's plenty of space fora sport court, bocce ball, pickleball, or even a soccer pitch, making this home perfect for hosting birthday parties, cocktail gatherings, weddings, and outdoor soirées. Additional features include a massive laundry room, an exposed red brick wine room, and an air-conditioned garage that fits nine cars. Truly a car enthusiast's dream. The prime location offers easy access to the best shops, restaurants, and amenities in both Arcadia and Old Town Scottsdale.

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