ArticlesBase.com - Free Articles Directory
Free Online Articles Directory
15.10.2008 Sign In Register Hello Guest
Email:
Password:
Remember Me 
forgot your password?


Are You Ready To Move Up In a Glendale Home

Author: Reg Gustin Author Ranking Blue | Posted: 17-10-2006 | Comments: 0 | Views: 79 | Rating:  (50) Article Popularity - Green (?) Got a Question? Ask.
Sign Up Now!

Glendale is such a great community for first time buyers, primarily because it's so affordable and convenient to other parts of the Valley that sometimes most people focus only on those new buyers, and forget about another important customer, buyers that are moving up and selling their home.

Smart buyers take a little time to get prepared for their move, even if it means selling their first home. Most people don't realize just how important it is to prepare to sell their home, or the steps needed to get ready for the sale.

Talk to a Mortgage Consultant

Most home owners think that if they are already qualified for a mortgage loan they won't have any problems getting into another home. Unfortunately, that's not always the case. Some home owners make arrangements to sell, only to find out that they really can't afford to buy a more expensive home in the first place.

Before you decide to put your Glendale home up for sale, talk with a mortgage consultant and get prequalified for a new home. That way you'll have an idea of what price range would be appropriate, and you can research to see if there are properties available that fit in your range.

Check Your Mortgage Payoff Amount

Contact your lender and find out what the payoff amount would be for your current loan. This will be important information in determining how much equity you have in your home, and how much of the equity can be used for a down payment.

Find Out What Your House is Worth

Your real estate agent can help you figure out how much your house is worth based on sale of similar homes in the area. You can also check out comparable prices online (although this is just an estimate) through zillow.com. If you want to take it a step further, you can have your home appraised.

Figure Out Your Selling Costs

Most sellers aren't really aware of how expensive it can be to sell a home. There are a number of expenses to consider:

Real estate commissions
Attorney, closing agent and other professional fees
Taxes for sale of property
Prorated costs of expenses, such as property tax and home owner association fees
Surveys, inspections or other fees

Again, your real estate agent can give you a rough estimate of how much your total expense will be based on similar sales.

Estimate Cost for New Home

Think about all the expense that are associated with moving into another home:

Down payment
Home inspections
Title research and title insurance
Hazard insurance

You mortgage agent can help you estimate how much you would need for all closing costs.

Deciding whether to sell your Glendale home is a decision you can best make when you have all the information. Work together with your mortgage consultant and real estate agent and you'll find whether now is the best time to sell that highly desirable property.

Rate this Article: Current: 0 / 5 stars - 0 vote(s).

Article Source: http://www.articlesbase.com/non-fiction-articles/are-you-ready-to-move-up-in-a-glendale-home-63921.html

Print this Article Print article   Email to a Friend Send to friend   Publish this Article on your Website Publish this Article   Send Author Feedback Author feedback  
Reg GustinAbout the Author:
Go to Central Arizona Homes and get a free copy of our 2005 Housing Appreciation Report. Search the Glendale MLS.
Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Comment on this article Comment on this article
Your Name
Your Email:
Comment Body
Enter Validation Code: Captcha


Got a Question? Ask.

Ask the community a question about this article:

Q&A Powered by:
Powered by Yedda 

Latest Non-Fiction Articles

The Story of Halloween
By: Gianni Truvianni | 14/10/2008
An article about Halloween and the history behind this holiday which are among the year’s biggest.

Get Writing!
By: Writer\'s Relief | 13/10/2008
Learn how to get more "Butt-In-Chair" time and become a more productive writer.

Writing for a Living: 7 Ways to Turn Your Writing Into a Home-based Business
By: Rosey Dow | 13/10/2008
Most writers dream of one day hitting the big time with a best-selling novel or a self-help book that goes viral. The chances of that happening are 1 in 10,000,000. However, if you have knowledge and experience, you can create a home-based business from your expertise using these 7 steps...and make more than you would from royalties.

Book Marketing: Using a System to Turn Your Book Into a Primary Business
By: Rosey Dow | 13/10/2008
So many loud voices today proclaim that their training will give you a corner on the market for your book’s niche—blogging, article writing, teleseminars, ebooks, and video. But how do they fit together? Is one of them more important then the rest?

Book Marketing: the Day That is Different for Your Career Strategy
By: Rosey Dow | 06/10/2008
Make an informed decision about the direction of your writing career--print or online, or both.

In the Lap of the Gods 22
By: Steve Morgan | 05/10/2008
For those who have read the other 21 chapters

A Week in the Life of the Single Working Mother
By: Karen Dosw | 03/10/2008
A humorous article about a week in the life of one South African, single mom with two adult children and two little ones.

Why You Should Write for Free
By: Deborah Owen | 01/10/2008
Write for free? I can hear you saying, “Are you nuts?” Write for free, so you can get paid. Read more inside.

More from Reg Gustin

Using a Capture Form on your Mls Page
By: Reg Gustin | 05/12/2007 | Internet Marketing
After posting many articles about real estate marketing on my blog referencing the Three C's of internet marketing: Create Traffic, Capture Prospects and Cultivate Clients, I received several post that disagreed with creating a capture form over the MLS page on their real estate web site.

Are Internet Leads an Effective Way to Build Your Real Estate Business
By: Reg Gustin | 02/11/2007 | Online Promotion
Internet marketing has become an integral part of the real estate industry, but are these real estate leads an effective way to build an agent's business?

Generating Real Estate Leads Through the Internet
By: Reg Gustin | 01/11/2007 | Online Promotion
Generating real estate leads through the Internet is an excellent tool for expanding your business, eliminating geographical barriers and increasing sales. But how?

How Many Websites Should a Realtor Have?
By: Reg Gustin | 01/11/2007 | Online Promotion
Over the years I have taught several classes on realtor internet marketing and how to optimize your website. The question most often ask is "how many web sites should I have?" In years past, my answer was how many can you devote time too while taking care of your real estate business, one. I have to say, now, I have changed my mind.

Is the Internet a Viable Source for Real Estate Leads
By: Reg Gustin | 01/08/2007 | Online Promotion
According to studies done by the National Association of Realtors, seventy seven per cent of homebuyers in 2005 researched their purchase via the internet. This increased traffic has opened the door for real estate lead generation, but is the internet a viable source for real estate leads?

Peoria Homes Feature Resale Potential
By: Reg Gustin | 19/10/2006 | Non-Fiction
If you are thinking of selling your home and buying a new one, you need to consider its appeal to future buyers. Once you have decided to sell your home, you will want to get out of it as quickly as possible. You definitely do not want a home languishing on the market.

Peoria Real Estate: Fixer Upper's Are A Chance to Shine
By: Reg Gustin | 17/10/2006 | Non-Fiction
Most first time buyers are looking for that Holy Grail property: a home that is affordable, can be fixed up, and sold for a profit in a few years when they've outgrown it. These properties, called "fixer uppers", are the dream property for new buyers, and Peoria is a dream community.

Peoria Homes: Everything Old Is New Again
By: Reg Gustin | 17/10/2006 | Non-Fiction
Peoria is a great city in which to buy older, historic homes. These homes may not be as old as some found in Boston, New York or Philadelphia, but some date back to the early 20s. These houses have plenty of character and detail, something that's often lacking in today's modern homes.

Article Categories






Give Feedback

Sign up for our email newsletter

Receive updates, enter your email below