Category Archives: Real Estate Market Payson AZ

Looking to be a Rural Resident? The Code of the West may apply

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Rural life presents a different set of circumstances than living within any town or city limits of Gila County. It is best to be aware of what services are or are not available to you as a rural resident. The Code of the West can help guide you in your decision to live a more rural lifestyle. The Code of the West was first chronicled by RimCountry resident and western writer Zane Grey as an unwritten code of conduct with integrity and self-reliance guiding decisions and actions of the early residents.
County services being different from city services means there are certain things to consider before committing to a rural lifestyle. Take into account what it may mean for you in terms of the following:
Emergency Response
Legal Access
Road Maintenance
Private Road Standards
Extreme Weather Driving
Natural Disasters
Utilities
Power Outages
Flash Floods
Wildlife
Deed Restrictions
HOAs
Open Range Laws
And More…explore here: https://www.gilacountyaz.gov/government/community_development/the_code_of_the_west.php

Fore! Look out for Great Golf Community Homes of the Rim Country

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The Rim Club in Payson, AZ

 

The Rim Country is host to many beautiful wonders, not the least of which is the abundance of tall ponderosa pines standing proudly throughout the area. Nestled among some of these portions of gorgeous pines are also some of the most striking golf courses in Arizona. With clear air and mild temperatures for much of the year, the Payson area contains hidden gems for golf enthusiasts.

Along with picturesque courses are magnificent homes tucked in right next to the greens. If golf is your sport and cool mountain air is your preference, Payson gladly provides both. Here are a few premium options for golf course properties for those ready to take a swing into the Rim Country.

 

Chaparral Pines

Chaparral Pines is the superior location for luxury homes in Payson, Arizona. This prestigious gated community boasts a breathtaking golf course owned by Mickelson Golf Properties, a joint venture of the legendary golf partnership between Phil Mickelson and Steve Loy. Chaparral Pines website provides a page which offers a detailed analysis of each of the course’s holes (http://chaparralpines.com/golf/course-tour).

Golf Digest magazine lists this course in the “Top 10 New Private Golf Courses in the U.S.” A combination of natural topography and artificial lakes make the Chaparral Pines golf experience one-of-a-kind.

 

The Rim Club

Undoubtedly one of the most beautiful golf courses in Payson as well as the state, The Rim Club offers a scenic golf course designed by legendary course designer Jay Morrish and professional golfer Tom Weiskopf. This course features several water hazards and plenty of natural obstacles, all at the crisp elevation of 5000 feet.

In addition to a breathtaking setting for golf courses, The Rim Club also features The Mountain Spa, a luxurious venue for massage as well as having a lavish salon. There is also a tennis court, swimming pool, fitness center, and more to round out an all-in-one package within a gated community.

 

Payson Golf Course

On the west side of Payson, past the serene Green Valley Park, lies the Payson Golf Course. This lovely 18 hole course offers great views and a combination of challenge and leisure. With affordable rates and well-groomed greens, the Payson Golf Course provides a golfer’s oasis year round that is open to the public.

 

Finding Homes Near the Courses

With a handful of beautiful golf courses in the Payson area, many people search for homes near these wonderful greens. The best way to start is by contacting your real estate agent. Get them on board and brainstorm your own ideas of what you want.

With many golf communities in the Rim Country vicinity, the real question is deciding where you want to locate yourself.

Many other options abound for properties and homes in close proximity to the golf courses. Basically, finding the right fit for you boils down to focusing in more and more on what you need and want in a golf community.

 

Some Questions to Think About

When contacting your real estate agent, it’s a good idea to organize your thoughts a little in advance. Some questions you might ask are:

  • How close do you want to be to the golf course? Do you want to be right on the green or a couple minutes’ drive from the course to minimize noise and increase privacy?
  • Does a gated community matter to you?
  • What kinds of dining do you hope for in the area?
  • What noise concerns might you have?
  • Are you allergic to certain types of trees or plants?
  • What are the three most important aspects of a home to you?

 

Cover your bases, and your real estate agent will cover your back. Find your golf community home today and tee off!

 

6 Tips for Searching for Cheap Properties

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A house is always a good investment. You might want to make it your own or create a rental. Maybe you just want to diversify your assets. Whatever reason you have for purchasing property, you’re probably wondering how to get the best deals and spot red flags. Here are six quick tips for looking at properties with a sharp eye.

  1. Compare prices

Real estate greatly varies in price for so many reasons. A listing that seems cheaper than it should be could be concealing some hidden defect or it might just be that the owner wants to sell fast. Location and neighborhood quality can also drastically influence home prices. The best way to get a clearer picture of the pricing arena is by comparing a lot of listings. If you are in the market for a particular style or area (a.k.a. luxury home or rural vs. downtown) find a few listings that are reasonably similar to determine a relative average price.

 

  1. Know the value of the area

There’s a lot more to knowing an area than just price comparison of homes. Hook up with your trusted real estate agent and see what they can dig up for you in your preferred location.

 

  1. Early or late

When searching for cheaper house prices, it’s good to not be in a hurry. As a rule, either side of a house sale is a good place to put your bid in. Basically, first offers are widely accepted simply because they are the first. It might sound odd, but when someone wants to sell, they may be too eager to wait for more offers. So if you can, get your bid in right away. On the flip side of this concept is putting an offer in for a property that has been on the market for quite some time. This is the most likely scenario for your low bid to be accepted.

 

  1. Watch for and grab opportunity

When you’re in the market for a house, pay attention to your network. Listen to what friends, relatives, and people you work with are saying about properties. If you know someone who knows someone that is thinking about selling, look into it right away because if the property is to your liking you may be able to put in an offer before the house even gets listed. This could give you a considerable advantage with the price.

 

  1. Resist buying impulsively

Just because a house boasts a “price reduced” sign don’t assume it’s a good deal. It isn’t uncommon for an owner to start a listing higher than necessary so they can deliberately bring it down to the price they want to get for it, all under the guise of a reduced price. If you’re uncertain about the legitimacy of a price drop, consult your real estate agent for what a fair reduced price should be.

 

  1. Short sales

In short (pun intended), a short sale is when someone is behind on payments for a house and the lien holder agrees to sell the property for less than the amount owed on it. These opportunities will likely offer you the best chance to get the cheapest price. The issue here would be having little time to think about the purchase.

 

 

Rural Realty

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There’s no doubt about it; Payson is a beautiful town with plenty to offer in its own right. However, a major attraction to this little town is the diverse housing market just a stone’s throw outside the town’s borders. Many people who move here just want to escape the valley’s hectic lifestyle and blazing summer heat. This dream is not only realized in Payson but in the idyllic surrounding area. For half the commuting time the average Phoenician spends in angry traffic, one can travel between their workplace in Payson and a mountain sanctuary in dozens of nearby forested communities. We’re sharing our top-secret tips to find these hidden gems today. Ditch the pavement for ponderosas

 

Real estate apps

A good place to start is with a reliable real estate app. Thankfully with so many to choose from you can easily find one that caters to your specific needs. For example, United Country’s app (http://www.unitedcountry.com/iphone.htm) allows you to search the U.S. for “countryside” style listings under the slogan “Rural Real Estate at Your Fingertips”. There are many such apps out there ready to assist you in your specific house hunt.

 

Find the right real estate agent for you

The most common advice anyone will give for finding a good real estate agent is asking friends and family about their own experiences. Have your friends tell their friends what kind of home you are searching for to widen your net.

By far the most effective method of finding the right real estate agent for you is through research. The more you narrow down your needs the better. If horse property is important, for instance, this will allow you to focus your parameters more efficiently on a real estate app. For a real estate agent, find out if they have at least a few sales under their belt for the type of house you want. If that information is not available on their website, make a meeting and ask them directly.

 

Pine

Okay, we’ve covered some ways to do your own rural house searching, now let’s look at some of the prime areas around Payson for these kinds of homes.

 Situated 15 miles north of Payson, the cozy town of Pine is tucked into a dense ponderosa forest. While you will most likely go to Payson for your major grocery runs, Pine has a convenient little market as well as several delicious eateries. They even have a farmer’s market with loads of fresh produce and handmade gifts. With plenty of housing developments branching off every direction, this quaint town is only a 20 minute commute to Payson through gorgeous scenery.

 

Strawberry

Just a two mile jaunt north of Pine is an even smaller town called Strawberry. The surrounding area is dotted with fantastic homes nestled away from the rest of the world. Enjoy the peace and quiet of the woods while being in close proximity to your work and shopping needs.

 

Christopher Creek

About 17 miles east of Payson, Christopher Creek boasts one of the most beautiful locations in the Rim Country. A 25 minute, scenic drive down East Highway 260 takes you into the core of what makes the Payson area special. Thick evergreen forests and mountain vistas greet you as soon as you begin your commute. The seasonal Christopher Creek Lodge has scrumptious food and great views. Explore any random road in the area and you will find woodsy communities filled with cabins, a-frames, and even luxury homes to suit your taste.

 

 

 

 

 

 

From Start to Furnish…

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Ways to furnish your new home on a budget

 

You say you just moved into a new house? Congratulations! But before you let us bring the champagne you explain that there’s no furniture in your new home yet. Maybe you moved across the country or just flushed out your old stuff since you were moving anyway. Either way, you need some help furnishing your house and adding your own decorative touch.  Have no fear! We’re here to offer ways to fill up your home without emptying your wallet.

 

Blank Slate

Realize that an empty house is a blessing. It gives you the rare opportunity to actually fill up rooms with only the things you want in them without the guilt of donating some ancient family relic in order to free up space.

Take this moment to look at your blank canvas and think about how you want to furnish it. Go through each room and make a list of what you will use it for. From there consider the style or theme you would like to emerge and if a consistent look throughout the house is important to you or not.

Craigslist

By far one of the most economical ways to furnish your home is through the online classified site, Craigslist. With tens of millions of new postings each month, this online venue can provide literally every last thing you need for your new house.

Of course, with used items of any kind, prudence needs to be exercised. The advantage with buying used furniture is that generally the original owners know they are over a barrel when selling. Used furniture depreciates in value very quickly and is difficult to move, adding (or should we say “subtracting” for your cost) to the challenge of selling it on.

In one instance, a friend bought a queen size mattress off of Craigslist for $100, pitched in an extra $20 to have the owner drive it over in his pickup, and that friend enjoyed years of exceptionally comfortable nights. No joke, the mattress he got was probably originally ten times what he paid for it. No stains, rips, or unpleasant bed bug surprises. It was used gently for a year as the owner had claimed.

Obviously, not every transaction story can be as smooth as the one my friend experienced, but with a combination of caution and research you can score amazing deals on your perfect furnishings. Lots of furniture has to be donated and even then, some volunteer organizations don’t have enough room for all of the donations to even accept them. This leaves owners with the option of paying a fee to trash it or offer good deals locally. Leverage this situation with online stores such as Craigslist.

 

Get Thrifty

The other efficient option is to surf your local thrift stores and used furniture places. Thrift shops are often inundated with donations. Usually with reasonable prices, thrifts are great venues to check out furniture in person. Check closely for faded stains or disintegrating edges.

Filing cabinets, book shelves, and desks abound! Furnish your home office with all the accessories you need to be organized and productive. I know several people who have found incredible office chairs at thrift shops for the equivalent of the price of tax on the same chair in a new office supply store. In addition to some savvy searching, let friends and co-workers know you are in the market for furniture. Just be warned that you might get a lot of junk offers. Don’t accept everything even when it is a generous offer because if it isn’t what you really want, then you will be struggling to pass it on.

 

Solid Foundations: Tips for Purchasing an Investment Property

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“A funny thing happens in real-estate. When it comes back, it comes back up like gangbusters.” So says American businesswoman and investor Barbara Corcoran. And it is true. The real estate world is like a series of intense waves, not unlike other investment venues like the stock market. Regardless of the housing tsunami’s up, down, and up again cycles, most experts agree that property is always a solid asset. Here are some excellent tips for surfing the waves of investment properties.

 

Research

If you can find a real estate agent with experience in flipping properties for a profit, that is ideal, but do your own research too. You are the best resource you have in this case. Much of the same information that an experienced investor has is available to you as well. It may be a little difficult to find for first-time property investors, but it is accessible.

Get advice and experience from friends or friends of friends that have ventured into property investment. Find out how they pursued their purchase and if they used any agent that they give the thumbs-up to.

Consider buying locally, as you undoubtedly already have the knowledge of the area from purchasing your first home. Use this experience to your advantage.

 

Budgeting

At the start, determine your financial limits for investing, allowing for unforeseen expenses that may arise from repairs and the like. A good way to do this is to calculate your fixed costs. That is, add up the expenses that you know you will have each month regardless of anything else. Then, you’ll want to create a number that represents the pesky expenses that creep in. Assume there will be maintenance needs every couple months and double that price to keep your wallet covered.

 

The Down Payment

Buying a second property is more challenging than your first home purchase because the down payment is higher. Investopedia.com’s columnist Tim Parker elaborates, “You will need at least 20 percent, given that mortgage insurance isn’t available on rental properties.”  Since the down payment percentage is quite a bit higher on an investment property, this is an expense you’ll want to factor into your budget.

 

Do your own repairs

Wherever possible, perform your own maintenance on your new property. Unless there is a complicated job like an electrical-related repair that is not only advanced but potentially dangerous, a wealth of handyman tutorials are readily available on YouTube. You can find step-by-step repair videos on virtually everything, and it can save you a ton in the long run. Tim Parker says, “Estimate maintenance costs at 1 percent of the property value annually.” Every time you patch up a problem yourself, you are doing your budget a favor.

 

Summary

One of the primary advantages of purchasing an investment property is that the urgency of a place to live is not stressing you like it did with your first home. Not that there isn’t a whole new set of problems with an investment house, but don’t let anyone pressure you into purchasing until you feel good about the decision. Take your time. Weigh your options and negotiate the price down. Remember that every little bit you can deal is financing you can invest in your new property and your future.

It’s Always Good to Ask: Questions for Your Listing Agent

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It’s Always Good to Ask:

Questions for Your Listing Agent

Selling your home? Need a listing agent but not sure what questions to ask? It’s not simple, and you probably already have enough on your plate getting your house ready to sell. So, where to begin? You don’t know what you don’t know. That’s why we’re here today to offer some tips on asking questions once you sit down with your potential real estate agent.

 

Numbers do matter

Don’t be shy. Ask your real estate agent how many sales they closed last year. Don’t judge them solely on this information but at least find out if they have a moderate rate of sales. Additionally, ask about the price of the homes they sold to see if they are similar in range to what you want to sell. It’s better for everyone if you and your agent are on the same page. A better match for you means a better match for them, so it’s a win-win situation.

 

Marketing

Like selling anything today, a good sales plan depends heavily on good marketing. Inquire about your potential listing agent’s sales plan. Do they plan to create a video of your house and surrounding area? Professional photography is a must. While you don’t need to be involved in every detail of this plan, it is smart to be in the loop. Stay informed with these questions:

  • What will I need to do?
  • What marketing materials will you create (i.e. mailers, video, etc.)?
  • Can you give me an estimated time frame for the listing to sell?

 

Credentials

You might wonder why this item wasn’t the first in the list? Well, it’s simple. If you sat down with a real estate agent long enough to discuss the first two points of this post, you’ve likely already identified this agent’s credentials. More importantly, you’ve determined their knowledge far beyond just their credentials. Of course, it is recommended to ask about an agent’s qualifications just to be sure they have the minimum requirements. However, a cursory discussion of your first few questions should say almost everything about a listing agent. Trust your gut. If you don’t feel comfortable with a particular agent after talking about your concerns, move on.

 

How much will this cost?

With all the expenses of fixing up those pesky little issues with a house and moving, it’s a good idea to know how much your listing agent is going to cost you. In some cases, you’ll only pay your agent a percentage when the house sells, but it is smart to clarify that before getting involved with a marketing and sales plan. You don’t need any surprise fees added to your plate. Keep everything out in the open about your budget and avoid unnecessary expenses.

Finding a Listing Agent

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Finding a Listing Agent

With just a cursory glance, you probably find a dozen different local real estate agents in your area. You want to sell your house, but how do you know which agent is right for you? Like choosing anything, a little research goes a long way in getting better results.

Credibility

The first step in choosing a listing agent begins with credibility. Let’s start with a little information on the types of representatives that are out there. There are real estate agents, brokers, and Realtors, but what is the difference between all of these? And why do Realtors get capitalized?

To put it simply, a real estate broker has completed a broker’s exam and therefore has the right to work independently or with others whereas a real estate agent must work for a broker or Realtor.

Back to the question of why a Realtor gets their title capitalized— well, it’s simple. “Realtor” is a trademark and indicates an individual who is a member of the National Association of Realtors. This distinction does assure that he or she has the extra training and knowledge on realty-related issues beyond a state’s particular laws, but it is not necessarily the criteria by which to choose a reliable agent.

 

Ask Others

When it comes to finding a listing agent, it’s hard to beat good ol’ word-of-mouth. There’s no credibility like first-hand positive experience. Ask your friends or co-workers who sold their houses. This will at least give you a starting point and even if you don’t like the agent your friend used, you’ve got a foot in the door of a real estate office where you can get a feel for the other agents working there.

While not as trustworthy as a friend’s word, testimonials on a website are a great source for determining a listing agent’s reliability. As long as there are more than just a couple testimonials available, it won’t be too difficult to get a cursory idea about someone.

 

Experience

Perhaps more important than anything else, experience says the most about a listing agent. Whether a real estate agent, broker, or Realtor, an individual’s track record conveys the most about them. Find out how long an agent has been licensed and what their typical time-frame is for sales.

Take a look at your house inside and out and consider what kind of potential buyers you might have. Does your property have enough space for an RV lover? Maybe your home is ideally suited for a large family. In whatever way your house can be highlighted, find out what kinds of listings your prospective listing agent has successfully sold. Someone who has proven themselves selling similar listings is likely a good match for you.

 

Real Estate Market Payson AZ – Inside & Out: Checking Out a House

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Real Estate Market Payson AZ Inside OutReal Estate Market Payson AZ – Inside & Out: Checking Out a House

You can’t judge a book by its cover and you shouldn’t judge a house by its exterior either. Whether the prospective house looks great or run-down from the outside, there are a lot more things to consider before making a decision. Just like a book, we need to “read” further on a potential home to get the whole story.

While the exterior of a house is of course important to any home buyer, it’s probably the area that a seller spends the most time making pretty. After all, they want to sell so they are going to present the most obvious part of the house in its best light. If not, that doesn’t bode well for how much effort the seller has put into the unseen portions of the house.

Besides the obvious exterior of the house, a good thing to examine about a prospective house is the roof. Does it look nice and well-maintained or ratty and unkempt? A roof might have a lot of repairs layered onto it, which is okay, but a healthier roof is one in which the owner has replaced it entirely at one time or another.

Plumbing is another chapter of a house that requires careful reading. The best things to take note of in this department are any unusual smells, particularly of mold. Testing each faucet, shower head, etc. is a great way to see if those plumbing areas are in good shape, but listen to your nose when searching for hidden plumbing perils.

The interior walls of a house say a lot about the care that has been given to a home in general. Fresh paint is always a good thing, but it may also be hiding damaged walls. Give close attention to areas of a house that have recently been painted over. Check for signs of damage or neglect. A thick layer of paint may temporarily glaze over holes in the wall, but a more careful examination might reveal a need for more than cosmetic care.

Each room of a house is like a page of a book. Together they can give you a bigger picture of the prospective home you are looking at. The more you are prepared the better-informed you can be about your purchase.