USDA Loan: Zero Down Payment in Maricopa, AZ

Beth_Hynes_mortgage_lender_maricopa

I had the pleasure of meeting Beth Hynes some time back and once I got to know her I realized how knowledgable she was about the mortgage lending industry…  and knowledge is power, especially in this line of work.  She is a very experienced loan officer who I often work close with.  If you’re looking to buy a home in Maricopa feel free to contact Beth or myself to get started.  -Jason Bechtold, Maricopa Realtor

*     *     *

Attention Maricopa buyers! You can purchase a home in Maricopa with a 0% down payment USDA loan! This loan offers 100% financing, has competitive rates and easy qualification requirements. It is not limited to first time home buyers! A USDA home loan is a zero down payment mortgage for eligible rural and suburban homebuyers. USDA loans are issued through the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of Agriculture.

Related: What subdivision in Maricopa should I live in?What’s it like living in Maricopa?Is Maricopa Safe?

As a part of its Rural Development program, the USDA invested almost $20 billion in 2014 to help nearly 140,000 families buy and improve their homes. The program is designed to “improve the economy and quality of life in rural America.” It offers low interest rates and no down payments, and you may be surprised to find just how accessible it is.

It is easy and free to see if you qualify! You can use this link to see if specific addresses qualify! Call me or email to get started!

Beth Hynes
Mortgage Banker
V.I.P. Mortgage, Inc.
Office:     480.588.3855
Mobile:   520.249.0436
bethh@vipmtginc.com
Click here to Apply

____________________________________
Jason Bechtold, Realtor
The Maricopa Real Estate Company
Call or Text: (732) 306-7971
JasonBechtoldRealtor@gmail.com

 

Posted in Buying, General, Uncategorized | Tagged , , | Leave a comment

Is Maricopa, AZ Safe?

Is Maricopa Safe?  What is the Crime Rate in Maricopa?

is_maricopa_safe.jpg

If you are thinking about moving to Maricopa you may be trying to find out if it’s a safe place to live.  If you ask a real estate agent you may not get a clear answer and that is because a real estate agent can sell you a house but not a neighborhood, and surely not steer in you any particular directions as to where to live.  So that type of question will require your own due diligence to find out if it’s right for you.

Safewise.com ranks Maricopa the #5 safest city in Arizona for 2017.

There’s a very thorough document you will receive when purchasing a home in Maricopa called the Buyer’s Advisory.  This document provides you will everything you can research when buying a home including school information, crime stats, flood zone information, etc.  You can download the most recent version here.  The advisory provides a website to find out levels of criminal activity in the any Arizona area.

Here are the Maricopa crime statistics

Here is a list of the registered sex offenders currently in the city of Maricopa.

If you are going to purchase a home in Maricopa I would suggest driving around the areas you like at night.  I’d also talk to the people of the city themselves!  Ask a waiter, ask someone in line at the store, ask a neighbor.  It never hurts to ask.  You want to make sure Maricopa is the place you want to be.

Related: The Pros and Cons of Living in Maricopa, 5 Reasons to Relocate to Maricopa, AZ, and 10 Things to Do in Maricopa (other than the obvious)

I am a real estate agent who lives and works in Maricopa.  I have two daughters who go to school here and we all love it.  Luckily we have never had any kind of safety issue and have always felt safe ourselves.

Maricopa Police Information: For emergencies always dial 911.  The Maricopa Police dispatch phone number is (520) 568-3673 and the Administrative number is (520) 316-6800.  The Silent Witness hotline is (520) 316-6900.  Office hours are 6:00 a.m. – 7:00 p.m. Monday-Thursday.  For the police directory click here.

Let me help you in your Maricopa home search!  Fill out the form below and I’ll be in touch.

To Buy or Sell a Home in Maricopa Contact:
Jason Bechtold, Realtor
The Maricopa Real Estate Company
Cell: (732) 306-7971
jasonbechtoldrealtor@gmail.com

Search homes from the MLS

Great Links…
Preparing Your Arizona Home for a Sale
How to Buy a Home in Arizona
Free Personalized Home Value
Search all Homes for Sale in Arizona from the MLS
LIKE me on Facebook

Posted in About Maricopa in General, Buying, General, relocating, Uncategorized | Tagged , , | 5 Comments

10 Things to do in Maricopa, AZ (Other than the obvious)

10 Reasons to Live in Maricopa, AZ

10_things_to_do_in_maricopa

I know first hand why you should be living in Maricopa because I live here and know the ins and outs.  I wanted to compile a list of 10 things to do in Maricopa other than the obvious.  See my articles on 5 Reasons to Relocate to Maricopa (this has the most obvious top 5 reasons) and the Pros and Cons of Living in Maricopa.  Those articles provide the basics but I want this list to be looser and more fun!  Besides, we love fun in Maricopa!  I am also a real estate agent so if you are researching Maricopa because you may want to buy a home there, contact me at the information below and let me help you with your home search.

1. Go swimming even if you don’t have a pool – At the Copper Sky Multigenerational Center you can get a day pass to use their pool, splash pad, workout facility, parks, play in fields of green grass and enjoy the tranquility of their lake.

2. See Some Awesome Dwarf Cars – When originator of Dwarf Cars, Ernie Adams, was young he first started this curious art form.  He has built race cars and scaled down versions of classic cars.  It’s amazing and he now has a museum to display his work called the Dwarf Car Museum right here in Maricopa.

Contact Jason to get started finding your next home in Maricopa…

3. Have a nice Mexican dinner – Go to Plaza Bonita or Penasco’s to eat authentic Mexican food and enjoy the Mexican decor.  Try some tequila and you may enjoy it even more, lol.

4. Visit a Hindu Temple – Out in the desert on Teel Road (still in the limits of Maricopa) stands the Maha Ganapati Temple of Arizona which is an active Hindu temple.  They have times you can visit all week long.  Curious?  Have a look at their website.

5. Go bowling – The Ultrastar Multi-tainment Center has lots to do.  One of my favorites is to do some bowling with friends at their 24 lane bowling alley.  Get food and drinks served to you while you play.  They even have cosmic bowling that is out of this world.  Did you get that joke?  Ultrastar has movies, arcades, laser tag, restaurants, and special events.  It’s a great place for the whole family.

6. Walk around Walmart in the middle of the night – Can’t sleep?  Go to Walmart!  Maricopa’s Walmart is open 24 hours a day and is always a bit surreal to walk around the store in the wee hours of the night.

7. Check out the yard sales – Yard sales in Maricopa are VERY popular.  Every Friday, Saturday and Sunday morning there are plenty of yard sales, garage sales, moving sales, estate sales, and any other kind of sales you can think of.  You can find some great treasures at these yard sales.  Some people buy things at the yard sales then resell them for a profit.  They make a living at it too!

8. Experience hand gliding – Yes, Maricopa has a place you can go hand gliding.  It’s called Sonora Wings Tandem Hang Gliding.  You don’t need any type of experience because an instructor will fly with you.  You can take the controls and maneuver the hand glider or just let the instructor fly it so you can enjoy soaring over the desert.

9. Do some stargazing – Maricopa wants to be a place where you can see the stars in all of their beauty.  That’s why at night it’s pretty dark… not many street lights.  On a crystal clear night in a nice dark spot you can see thousands of glistening stars.  I’ve seen many shooting stars in my backyard in Rancho el Dorado.  Maybe if you gaze long enough you will even see a UFO!

10. Try your hand at Gambling – You can enjoy some adult fun anytime at Harrah’s Ak-Chin Hotel and Casino right down John Wayne Pkwy.  Play slots, table games, or bingo.  Get some food at one of their restaurants.  It’s currently going under renovations for an expansion.  Read about that construction here.

To Buy or Sell a Home in Maricopa Contact:
Jason Bechtold, Realtor
The Maricopa Real Estate Company
Cell: (732) 306-7971
jasonbechtoldrealtor@gmail.com

Search homes from the MLS

Great Links…
Preparing Your Arizona Home for a Sale
How to Buy a Home in Arizona
Free Personalized Home Value
Search all Homes for Sale in Arizona from the MLS
LIKE me on Facebook

Posted in About Maricopa in General, Buying, General, relocating, Uncategorized | Tagged , , | 2 Comments

9 Things to Consider When Making an offer on a home in Maricopa, Arizona

The Basics: What to Consider When Making an Offer on a Home in Maricopa, AZ

arizona-az-purchase-contract

The Arizona Purchase Contract is what is used to make an offer on a house in Maricopa, AZ.  It is a 10 page document full of details and information.  Although there are many different situations, negotiations, and circumstances that can make an offer very complicated, I would like to discuss the basic items you should think about when making an offer.

Related: Pros and Cons of Living in Maricopa

  • Offer Price:  This is the biggest item to think about.  How much do you want to offer on the home.  This number can change in many ways.  For example, perhaps you do not have the funds to pay your closing costs.  You may want to have the seller pay them for you.  This is called seller concessions.  Since this weakens your offer a bit, you may consider raising your offer price about 3% to make up for the difference.  Also, talk with your real estate agent about this number.  Check some recently sold comps and see if your amount is over or under and why.  Make sure you confirm with your mortgage lender that you are pre-qualified up to the amount needed unless you are paying in cash.
  • Earnest Money:  How much earnest money will you be paying?  Earnest money is a promise you are serious about your offer.  If for some reason you have to back out of the contract outside the legal boundaries, you may lose your earnest money to the seller.  To figure out an estimate of what earnest money should be, you can use 1% of the offered price as a guideline.  But consult with your realtor about this.
  • Close of Escrow Date:  When do you need to close or settle on the house?  Is there a contingency on getting your current home sold?  Typically, 30-45 days is an average closing time frame.  Make sure you check with your mortgage lender about this to make sure they have enough time to set up your financing.
  • Appraisal Fee:  Many times when you are under contract on a home your mortgage lender will require an appraisal to be done on the property.  If so, will you pay the appraisal fee or do you want the seller to pay it?  Something to think about is if your appraisal comes in under the price you offered you may need to pay the difference in cash to make the deal work.  You will want to hope the appraisal is higher than your offer price so things can move forward.
  • Title and Escrow Company:  The choice of who to use for the title and escrow company is yours.  If you have a preference, tell your real estate agent to include it on the offer.  Most of us don’t really know a title and escrow company, and in that case, your realtor can provide a recommendation.
  • Assessment Liens:  If there is a lien due to non-payment of HOA dues, do you want the seller to pay them in full prior to closing?  Or should they be prorated and assumed by the buyer?  Remember that any assessment that becomes a lien after close of escrow will be the buyers responsibility.
  • Home Warranty:  Would you like to obtain a home warranty on the property?  Do you want to pay for it or would you like to see if the seller will pay?  And who would you like to use as your home warranty company?  If you don’t know who to use your real estate agent can also make a recommendation on that.
  • Additional Terms and Conditions:  Is there anything else you would want to note in the offer?  Are there any contingencies?  Is anything uncommon to the purchase contract that you would like to include?  This is where you would do it.
  • Terms of Acceptance:  When would you like to have an answer from the seller about your offer?  Today?  Tomorrow by 5 p.m.?  Or perhaps several days from now?  It’s your choice.  Just remember that if you wait too long other offers might come in that are stronger than yours and you could get rejected.

There is a lot to consider when making an offer on a home.  And this is just the tip of the iceberg regarding the Arizona Purchase Contract.  If you need a real estate agent, I’d love to work with you.  Please contact me at the information below.  Thank you!

To Buy or Sell a Home Contact:
Jason Bechtold, Realtor
The Maricopa Real Estate Company
Cell: (732) 306-7971
jasonbechtoldrealtor@gmail.com

Great Links…
Preparing Your Arizona Home for a Sale
How to Buy a Home in Arizona
Free Personalized Home Value
Search all Homes for Sale in Arizona from the MLS
LIKE me on Facebook

Posted in Buying, General, Uncategorized | Tagged , , , , , | 1 Comment

Making the Move: Renter to Homeowner

From Renting to Buying in Maricopa, AZ

I am a real estate agent that specializes and lives in Maricopa, AZ.
I can assist you with purchasing or selling a home.
Jason Bechtold, Realtor
The Maricopa Real Estate Company
Call or Text (732) 306-7971
JasonBechtoldRealtor@gmail.com

Renting definitely has its benefits, especially in Maricopa where a zero down payment financing option exists.  There are low upfront costs. You have more freedom to relocate if your career calls, you can move closer to a loved one on a whim, or if you simply desire a change of scenery you can easily make that happen. If a pipe breaks you are merely inconvenienced by making a phone call to your landlord to have it repaired.

However, you may eventually get the itch to own. Why? Let’s take a look as some reasons.

Build Equity
When you buy a home your payment each month contributes to paying off your mortgage loan. You then gain equity that you can borrow against for any major purchases that may come up. You can also refinance your home to try to get a lower interest rate. When and if you decided to sell your house all of that equity will be a cash profit. Home values go up and down but over the years real estate has consistently appreciated. You can check the Home Price Index by state on the Federal Housing Finance Agency website http://www.fhfa.gov/?Page=14.

Tax Deductions
Unlike renting, you can deduct mortgage interest and property taxes. Also, if you own your home long enough you will not have to pay capital gains tax when you decide to sell.

Stability
With rent increases you do not know what you will be paying in a few years from now. However, let’s say you buy a home with a 30 year fixed rate mortgage. You will basically have the same payment amount for the next 30 years.

Related: Search Maricopa AZ Homes for Sale and
9 Things to Consider When Making an Offer

Settle Down
When you own a home you may find yourself becoming more involved in the happenings of the community. You will gain a sense of home, stability, and pride. You could make long-term happy relationships with neighbors and find many opportunities to volunteer and be involved in making your community the best it can be.

Investment
If you decide to move you may have the option of keeping your home and using it as an investment property. You can rent it out and use it as a platform for generating income.

If this were the route you would like to go you could start preparing now. Start building your credit score. Save some money to cover closing costs, a down payment, and your move. Connect with me to be your guide on this new journey.

First Step
The first thing you will want to do to get started is speak with a mortgage lender.  They will talk with you and see how much you qualify for.  Then we can start looking at homes in your price range and will have the ability to make offers.  If you need a recommendation on mortgage lenders, let me know and I can tell you the ones I work a lot with.

Contact Me…


________________________________

To Buy or Sell a Home Contact:
Jason Bechtold, Realtor
The Maricopa Real Estate Company
Cell: (732) 306-7971
jasonbechtoldrealtor@gmail.com

Great Links…
5 Reasons to relocate to Maricopa, AZ?
Pros and Cons of Living in Maricopa
What’s it Like Living in Maricopa?
Is Maricopa, AZ Safe?
Search all Homes for Sale in Arizona from the MLS
LIKE me on Facebook

Posted in Buying, General, Renting, Uncategorized | Tagged , , , , , , | 1 Comment

6 Tips to Purchasing a Foreclosure in Maricopa, AZ

Search foreclosure homes for sale in Maricopa, AZ

foreclosures-maricopa

Buying a foreclosed house can sometimes be a great investment move or a nice deal for your next primary residence. Sure the homes aren’t as low as they were a few years ago in Maricopa but it’s still an active real estate market.

Let’s go over what a foreclosure is. When a mortgagor (the homeowner) fails to keep up with their mortgage payments the lender takes back the mortgage property and then tries to sell it. You may think you will get a great deal since you know the lenders don’t want all of these properties sitting around in their possession. Here are 5 tips to buying a foreclosure in the city of Maricopa.

Search for Maricopa Foreclosures Here

  1. Don’t come in with ridiculously low offers

When you see a foreclosure hit the market the bank usually has it priced based on their research of its value. If you see one hit the market and put in a low offer within a few days, chances are it won’t be accepted. The banks have rules and a lot of the time they will lower the price after 30 days or so.

  1. Watch for Bidding War Tactics

Sometimes a real estate agent will list the foreclosure lower than its value knowing multiple offers will come in and result in a bidding war. You could still get a good deal if you win a bidding war but make sure you ask your real estate agent about recently sold homes in the area that are comparable to the one you want so you can get an idea of what the value is.

  1. Get prepared prior to the foreclosure hitting the market

Once a foreclosed home goes live, and if it’s a good deal, multiple offers will probably come in quickly. To be ready to compete and be aggressive to get an accepted offer you should already have all your ducks in a row. You’ll want to know the area so you can determine if you really are getting a good deal. It is also recommended to have your pre-qualification ready to go, unless you are paying cash. Be ready to act fast. The early bird gets the worm.

  1. Pay Cash if you Can

Cash is certainly king, especially in real estate. If you are paying cash for a house it will make your offer stronger. When paying in cash you can close sooner, sometimes as soon as 10 days, and not have to wait up to two months for the financing to be set up. If friends or family will let you borrow the money that is a good way to go. Then you can secure a mortgage after the fact to pay them back. However, make sure you qualify beforehand.

  1. Write Strong Offers and the Bigger the Deposit the Better

When lenders look at an offer they want it clean. The simpler it is, the better. As you know, offers can get rather messy with lots of requests from the seller, paying concessions, being contingent on the sale of your current house, etc. It’s best to keep in mind that you want a tidy offer and a bigger down payment is always going to be attractive.

  1. These Homes are Sold As-Is

Remember that when a home is vacant is can accrue more damage than your average house. Plumbing seals can dry up, bugs can infest the property, was it winterized, has the unkept landscaping caused damage, etc. The longer it sits the worse it can be. Try to take into consideration what repairs may be needed to get it into shape. This needs to be considered whether you are buying as a primary residence or an investment.

To Buy or Sell a Home in Maricopa Contact:
Jason Bechtold, Realtor
The Maricopa Real Estate Company
Cell: (732) 306-7971
jasonbechtoldrealtor@gmail.com

Search homes from the MLS at www.amazingarizonahomes.com

Great Links…
Preparing Your Arizona Home for a Sale
How to Buy a Home in Arizona
Free Personalized Home Value
Search all Homes for Sale in Arizona from the MLS
LIKE me on Facebook

Posted in Buying, General, Uncategorized | Tagged , , , | 1 Comment

Rental Homes in Maricopa, AZ

How to Find a Rental Home in Maricopa Arizona

for-rent-Maricopa

So, you have decided Maricopa, AZ would be a good place for you to rent.  It is a good decision indeed.  The prices are reasonable and Maricopa is a great place to live.  But do you find it difficult to find rentals that are still available?  Are you confused about the deposits and what it takes to rent one?  Let me clear things up.

Let’s say you browse the link at the end of this article for current active rentals.  If they are on my site they will currently be available since my website is connected to my MLS, so you will see in real time what I, as a realtor, see.  However, even though it is available doesn’t mean there are no applications in on it waiting to be approved.  I check on this for you to increase your chances of getting the home.  If there are already a few applications in there is really no point in going to view that house.

Related: From Renter to Homeowner

The next step would be to find the ones you like (2-3 houses).  Make sure you look at items such as the location of the home, do they accept pets, what the total fees will be, do they include appliances, etc.  Then you can email me the MLS numbers or addresses and your availability and I can begin working on setting up the showings for you.  I need to set up showings because some homes have alarms, lockbox codes, they are currently occupied, and I can find out if they already have applications in.  Maricopa Rentals go QUICK so I’m not exaggerating when I say we need to be aggressive to get one.

Once we go see the homes it’s best to pick your favorite and a second favorite as a backup.  Then I will provide you with the application instructions.  When you submit your application it will not be to me. It will be to the company that is listing the house.  They will be the ones who decide if you are accepted, take your deposits and they will write out your lease.  So, why then use me?  Because I can show you ANY listed rental home in Arizona but I do limit working rentals to Maricopa.

When you submit your application you will also need to pay the application fee.  Upon acceptance you will need to pay the earnest deposit to hold the house for you.  Usually a house can be held about 30 days.  But the quicker the move in, the better in most cases.  Sometimes there is confusion about the earnest and security deposit.  Usually the earnest deposit goes towards your security deposit.  For example, if the earnest deposit is $500 and the security deposit is $900, you would pay the earnest then the extra $400 at lease signing to make up the full security deposit.  Don’t forget there are also sometimes pet deposits, cleaning deposits, rental tax, administration fees, first months rent, etc.  So you will need money available to get into the rental.

The things landlords look at when determining if they will rent to you are: Verifiable rental history, no collections due on a previous rental, gross income per month should be netted at 3 times the monthly rent, average credit score rating, no past criminal convictions, and certain pet breed restrictions.

By the time we go to look at homes you should be ready to fill out applications that day.  And if you’re considering buying a house I can assist with that too.  🙂

Start browsing Maricopa Rentals here

For the quickest assistance finding a rental home please fill out the form below…


Jason Bechtold, Realtor
The Maricopa Real Estate Company
jasonbechtoldrealtor@gmail.com

Posted in General, relocating, Renting, Uncategorized | Leave a comment