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Vyral Marketing | Elite Results Realty Blog

Friday, December 17, 2021   /   by Vyral Marketing

Some Ways To Save on Your Real Estate Taxes

Here are a few tips to help save on your year-end real estate taxes. 

Today we have some year-end real estate tax tips to share with you. We’re coming up to the end of the year, so these tips should help save you some money. Don’t worry; we’ll keep it simple and stay out of the technical details.
In the next few weeks, you should get your end-of-year mortgage statement, which shows how much interest you’ve paid. If you’re itemizing your taxes, give this to your accountant, and they should be able to get you some benefits.
Since COVID hit, many people are working from home. If you have a dedicated home office or workspace, there may be a tax deduction that you can take. You should reach out to your tax professional if this applies to you.
If you’ve bought or sold real estate this year, start looking for those closing statements. Your accountant will request those documents to make sure you’ve itemized all the expenses that can be wr ...

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  elite results realty, owning a home

Wednesday, November 24, 2021   /   by Vyral Marketing

How To Attract Buyers During the Holidays

Here’s a few tips for how you can sell your home during the holidays.

How do you sell a home during the holidays? Today we want to talk about what it takes to get your home sold this time of year. First, it’s important to remember that there are still buyers during the holiday season. Just because there are fewer buyers doesn’t mean there are none. We want to make sure that we can attract those buyers to your home.
To attract buyers, your home has to be attractive, and holiday decorations are one of the ways we can do that. Setting up Christmas lights and holiday decorations can help draw people’s eyes.
Seller’s often price their home too aggressively during the holidays. When there are fewer buyers and your home is overpriced, it can sit for a long time and go stale. You want to price your home appropriately and attract buyers who want to move as soon as possible. 
If you want a free evaluation on how to sell your home this holiday season, fe ...

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  selling a home

Thursday, October 28, 2021   /   by Vyral Marketing

Renting vs. Investing in Real Estate

Since rent prices have gone crazy, should you invest in real estate now?

Today we’ll discuss what is happening with rental prices. Many people are considering whether to rent or buy a home, and many investors are wondering if they should invest in real estate right now.
Rental prices have increased by 26% over the last two years. Conversely, rental prices in the MLS had only increased 28% percent over the last 19 years before that. In just two years, rental prices have increased at a rate that previously took 19 years. That's a lot higher than the current inflation rate.
What's interesting is that at the peak of the real estate bubble, rents were actually declining and then stayed flat for several years after. Low fixed interest rates are a huge benefit to buying now. The monthly mortgage payment will stay the same, whereas you can expect your rent to increase every year. Investors are also enjoying having fixed low mortgage payments as their tenants’ rents incre. ...

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  buying a home, real estate investing

Thursday, October 14, 2021   /   by Vyral Marketing

3 Reasons to Get Pre-Approved Before Buying

Here’s why you should get pre-approved before looking at homes.

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Why is it important to get pre-approved before viewing properties? There are three main reasons:
First, you need to know how much you qualify for and can afford. Your lender will tell you how much you qualify for based on a combination of your credit score, income, and debts. How much you can afford solely depends on what fits into your monthly budget for living expenses.
Second, getting pre-approved early will help you identify all of the property’s purchasing costs before growing attached to it. When sellers have multiple buyers interested in their home, they can be pickier with who they allow to walk through it. Many sellers don’t want to allow buyers to walk through their homes without a pre-approval letter or documented proof of funds.
"You need to know how much you qualify for and can afford."

Third. ...

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  buying a home

Thursday, September 30, 2021   /   by Vyral Marketing

How Fall Will Affect Our Market

This is what we can expect from our market heading into fall.

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What can we expect in the real estate market this fall? With the temperature starting to cool and the leaves changing — Oh, wait, we don’t have any of that in Arizona. With the cacti staying the same and the kids going back to school, fall is upon us.
"The number of sales drops this time of year, but we still have plenty of people buying and selling."

Spring is typically our hot market as everyone tries to get into a home before summer. Now that school has started, we can expect the demand for single-story homes to grow as the snowbirds, who tend to like more accessible houses, come back into our market.
The number of sales drops this time of year, but we still have plenty of people buying and selling. If you are looking to buy a home, now is a great time since the inventory tends to pick up this time of year, and. ...

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  market updates