If you need assistance, please call 480-845-0048

Buying A Home | Elite Results Realty Blog

Tuesday, July 27, 2021   /   by Vyral Marketing

Can You Still Buy a Great Home After You Sell?

My advice on how you can find a great home after selling.

Want to buy a home? Search All Homes
Want to sell your home? Receive a Home Value Report
Today, we’re living in one of the craziest seller’s markets I have ever seen. You would think this means now is a great time to sell your home, but a lot of clients have told me they’re worried they won’t be able to find a great home once they’ve sold. Can you still find a great home in today’s market?
From personal experience, the answer is definitely yes. We’ve helped loads of clients seamlessly transition from selling their old home to living in their new home. They didn’t have to settle for something they didn’t really want, and they didn’t have to pay way out of budget to do it.
For example, we had a recent client who needed to sell before they could purchase their new home. However, in today’s hot market, it’s really difficult to get your offer accepted if. ...

Read More


  buying a home, selling a home

Tuesday, June 1, 2021   /   by Vyral Marketing

How We Help Homebuyers Succeed in Today’s Market

It’s still possible for buyers to win in a seller’s market.

Want to buy a home? Search All Homes
Want to sell your home? Receive a Home Value Report
It’s a tough market for buyers right now. Competition is fierce, as there’s incredibly high demand but very few homes available to go around. Many buyers are trying to find ways to make their offers stand out, such as by writing letters about why they need or want the home. However, there are better ways to make an offer that wins you the home of your dreams.
These are a few things that have worked well for our clients recently. In one case, we were able to find a home within the first 15 minutes of it being listed. This meant we could put in a strong offer early and negotiate terms before anyone else even knew it existed. We were under contract within a few hours, and we even beat offers that were thousands of dollars higher than ours.
In another situation, we were waiting for weeks to find a home that mat. ...

Read More


  buying a home

Tuesday, May 18, 2021   /   by Vyral Marketing

Is Now a Good Time To Buy if Prices Go Down in the Future?

Waiting for a market correction to buy might not actually cost less.

Want to buy a home? Search All Homes
Want to sell your home? Receive a Home Value Report
Many people are asking if they should purchase a home if there's a coming price correction in the future. I’d like to discuss the ramifications of buying a home now even if there's a potential downturn in the market in the future. I’d also like to go through a little bit of a demonstration of what could happen with prices based on the current trends.
Over the last year, we've seen prices appreciate about 30% and many people are concerned if that continues then prices have a good probability of going down. Let's take a look at a scenario of somebody looking to buy a home for $400,000 right now. They may have been able to purchase that home for under $300,000 a year ago and feel like they're overpaying if the current trends continue. However, if an additional 30% appreciation occurs, they could be looking at the . ...

Read More


  buying a home

Friday, March 12, 2021   /   by Vyral Marketing

Buyers: How Much Must You Bring to the Table?

Here’s a deeper look at the total cost of purchasing a home right now.

Want to buy a home? Search All Homes
Want to sell your home? Receive a Home Value Report
Traditionally, buyers have had to budget for some closing costs, a down payment, and any other fees associated with the lender. How much money does a buyer need to bring to the table in order to purchase a home in today’s red-hot market?
In every market, you’ll need a down payment. The specific amount will always vary depending on the loan type. VA loans usually allow you to put 0% down, FHA loans require at least 3.5% down, and conventional loans can be anywhere from 3% to 20% or more. Keep in mind that those are minimum requirements; if you’re willing and able, you can go beyond them.
"Buyers in today’s market may have to pay $3,000, $5,000, or even $10,000 over the appraised value."

In addition to your down payment, you’ll also need to pay closing costs, which include title fees. ...

Read More


  buying a home

Friday, February 26, 2021   /   by Vyral Marketing

Will Home Prices Continue to Rise in 2021?

How long can we expect to see home appreciation continue like this?

Want to buy a home? Search All Homes
Want to sell your home? Receive a Home Value Report
Many are happy to see that home prices have appreciated just over 21% in the last year, but the question becomes, “How long will this continue? What signs should we be looking for to know when the market will change?”
First, know that there are around 4,300 listings currently available on the market, where there would normally be around 30,000. That’s a drastic reduction of inventory. With just over 15 days of inventory on the market, that means if no other homes came on the market, we would sell out of everything in about two weeks.
When supply is low, home prices rise because there are more buyers available than there are homes for sale, and people who need to buy a home will pay more in order to outbid competing buyers on the market.
We’ll be watching these trends closely and let you know what w. ...

Read More


  buying a home