Real Estate Market Update June 2024Do you dream of owning a vacation home? Is there one spot you’ve visited repeatedly or always wanted to and thought, “One day I’d love to have a place here?”. Many people have the same desire.
Although demand has declined somewhat, the desire to own a second home is still 35% higher than prior to the pandemic. The whole eco-system of vacation homes has changed with 20% of people now working from home. Many Buyers are using their vacation home as a transition over time to relocate to the area they’ve always dreamed of living in. Now you can use your vacation home as a place to relax, work remotely or as a gathering place for extended family to spend time together. Owning your own vacation home takes the stress out of planning time off. You know where you will be staying, surrounded by your things, in a comfortable environment that you love. And if you plan on retiring to your vacation home, it’ll make the transition very smooth as you’ll be familiar with the neighborhood and all the services you need to support your life. Real estate has always been a great hedge against inflation and a vacation home creates both lifestyle and equity. Now, if you have questions on owning your own vacation home, give me a call or text at (602) 750-1744 - Donald Keys - HomeSmart. I’m part of the most prolific network of real estate professionals in North America and I can help you find a top agent in your vacation home destination!
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The Home Buying Process has changed over the years and will change even more in the next 6 months. Here is a quick overview of the New Home Buying Process for 2024:: 01) PLAN for financial readiness. Understand the costs involved with buying a home. 02) Start your DREAM with an on-line home search. Search just like an agent using the REAL MLS HOME SEARCH I provide. 03) CALL or TEXT ME at (602) 750-1744 to discuss your needs and draw on experience and expert knowledge. 04) MEET or schedule a ZOOM MEETING with me to discuss your priorities and Sign your Buyer Representation Agreement (now required to see homes in person). 05) PREPARE for Pre-Approval and Pre-Qualification. Find out how much home you can afford and create a home budget. 06) SEARCH and receive INSTANT NOTIFICATION of Hot New Listings. Including HOMES you will NOT FIND on ANY OTHER WEBSITE! 07) EXPLORE Homes in person. Remember do not visit any home or NEW HOME MODEL CENTER without your Agent on the FIRST VISIT! Otherwise can be giving up your representation rights and it could cost you alot of money. 08) LOVE a property. Have me create a Competitive Market Analysis to show you the approximate value range of the home.. 09) Make an OFFER. We will go over all the required paperwork in order to submit your offer to the Seller. 10) NEGOTIATE terms of the offer. 11) Get your OFFER ACCEPTED. 12) Open ESCROW with Title / Escrow and review the Escrow Process. 13) Review all DISCLOSURES and SCHEDULE HOME INSPECTIONS. 14) Request REPAIRS or CREDIT in lieu of repairs if necessary. 15) Complete the APPRAISAL as required by lenders or optional for Cash Buyers. 16) Receive FINAL LOAN APPROVAL from the lender or deposit funds for Cash Buyers. 17) Conduct your FINAL WALK of your new home before closing. 18) SIGN your final documents with the Title / Escrow Company. 19) FINALIZE the transfer of title form the Seller to the Buyer. 20) GET THE KEYS / ACCESS to your new home and CELEBRATE! Here is how Buyers Representation Worked In The Past (Prior to August 2024): Donald Keys has been SELLING HOMES FULL-TIME since 2006. Call or Text him today at (602) 750-1744 to discuss BUYING or SELLING a home or both!
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AuthorDonald Keys has been selling homes full-time since 2006. Archives
September 2024
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