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4 Reasons to Sell Your Home in Flagstaff This Spring

by Gary Nelson

Spring has arrived and the home selling season is hotter than it’s been in a while.  This is great news if you plan on selling your home in Flagstaff.  Normally Spring is the best time of year for home sales. Yet this year stands out to be even more promising.  There are a number of reasons why selling your home this year during spring is going to be your best course.  Here are the top 4 reasons why selling your home this Spring is such a great idea.

  1. Strong Demand

Buyer traffic is strong in Arizona, according to a report by the National Association of Realtors. This is because home buyers are out in the market and buying homes right now. And more competition means you may end up getting more money for your home in the end.

  1. Less Competition

Over the past 32 months there have been fewer homes on the market. This is a good thing if you’ve been building equity in your home. Yet it may not last. The average number of years that homeowners stayed in their homes has been around 9-10 years since 2011.This was due to the previous negative equity that kept many homeowners from selling.As values rise, more people will sell.So don’t wait too long or you could end up getting less for your home.

  1. The Process Will Be Quicker

Competition is stiff in the Arizona real estate market, and that means more buyers will be ready in advance to buy your home. Getting pre-approved for a mortgage is one way they do this.Buyers are more likely to know what they want and how much they can spend, which really speeds up the process for everyone.

  1. Time to Move Up

Are you planning on moving into a better home?The good news is that higher priced homes are actually selling for less due to a higher inventory in the higher price ranges. So if you’re selling a starter home, your home will sell more quickly and you’ll be more likely to find a premium home.

This spring promises to be a boon for Flagstaff home sellers.  Gary Nelson and Realty Executives have the experience you need to sell your home in Flagstaff.  Call them at 928-225-3510 to start the process today.

Remodeling to Get the Most ROI on Your Home Sale

by Gary Nelson

Are you planning on selling your home in Flagstaff, but feel you need to do some work on it to get a higher return? If your home is starting to look dated, that can adversely affect the selling price.  But on the other hand, you don't want to waste tons of money on improvements that won't be a good return on investment.  So where's the balance? If you do decide that your home needs improvements, then you need to focus on the things that will help sell it and make more money in the end.

The thing to keep in mind though is not every improvement will increase the value of your home. Many projects that need to be done can preserve the value.  So if you do those projects, the value won't be as adversely affected when you sell your home.

So to get down to it, what are the projects that get the highest ROI?

Outside Projects

Basically any project that boosts curb appeal is worth the investment. Remodeling Magazine found that the outside projects that recouped the most are garage door replacement, steel door entry replacement, wood deck addition, and siding and facade projects. Spending money on improving just the siding and facade can be a huge boost to the wow factor of any home.

Kitchens and Baths

The kitchen can really be a make or break deal for home buyers.  Potential buyers can spend the most time inspecting a kitchen.  So it really pays off to invest in a remodel if your kitchen has dated counters and appliances. Bathrooms are also important.  They send a powerful message about your home, so you can expect a high ROI on a bathroom remodel.

The Little Things

If you don't have the money to spend on major remodels, you can still focus on other projects that cost less and make a big difference. You can give your home a fresh coat of paint, trim trees and bushes, plant new bushes and landscaping. De-cluttering and cleaning your home only costs time. If you have an unfinished basement, you can put gray epoxy on the floor and paint the walls white. Never underestimate the power of improving the little things.

Keep in mind that every home is different, and so is every neighborhood. If you're not sure what improvements would be best to sell your home in Flagstaff, feel free to ask us. We know what sells a home in Flagstaff and what buyers are looking for.

11 Steps to Buying Your First Home in Flagstaff

by Gary Nelson

11 Steps to Buying Your First Home in Flagstaff

What an exciting time – you’re ready to buy your first home in Flagstaff! But be careful not to get swept up too much in all that excitement. This is certainly a big decision, so it’s easy to get lost in the process.  There’s a lot of time and money on the line.  But don’t let that deter you.  As long as you know the basic steps involved in buying a home in Flagstaff, then you’ll be better prepared for the experience. You also need to forge relationships with experts in Flagstaff who can help you along the way.

Here are the 11 steps to owning your first home in Flagstaff.

Do Your Homework

  1. With any big decision, it’s always a good idea to sit down and figure out a plan. And there’s plenty of things to think about, such as price, housing type, neighborhood, school districts, and more. Here's a worksheet that can help you lay all these items out. Make sure to fill it out with everyone who’s involved in the process so that everyone has the same goals in mind.
  2. Start Shopping for Homes in Flagstaff
    Now that you know what you're looking for, start looking for listings online.  Here's a great tool for finding the ideal home in Flagstaff and surrounding communities.
  3. Find a Great Agent
    The Gary Nelson Team is ready to help you find the perfect first home and help you through the process
  4. Choose a Lender
    Now it’s time to find the right mortgage lender. Your lender will be working closely with you throughout the process, so it’s important to find one that understands your goals and needs.
  5. Pick a Loan
    Your lender will work with you to determine the right mortgage to fit your financial needs.  You'll need to provide proof of income, employment, and other details.
  6. Look at Homes
    Now things are starting to get interesting! Your agent will help you find homes in in Flagstaff and the surrounding areas in Arizona that fit your budget and the needs you determined in step 1.
  7. Make an Offer
    Now that you’ve located the home you want in Flagstaff, then you make the offer.  Your agent will help you decide how much you want to pay, along with contingencies that both parties can agree on.
  8. Negotiate, Negotiate, Negotiate
    This is where you work out the deal for your new home in in Flagstaff.  But watch out that you don’t get carried away by emotions because you want the house. Some sellers may just accept your offer, but some may make a counter-offer.  Your agent will work with you to decide what to do.
  9. Inspect the Home
    When an offer is accepted, then you'll sign a contract that will no doubt include a home inspection contingency.  At this point you'll hire a licensed home inspector to look for needed repairs. If major repairs are needed, then the seller will be asked to make those repairs.
  10. Appraisal
    Your lender needs to determine if the home is worth enough to cover the mortgage.
  11. Close the Deal
    You’re almost there! You just need to sign the final paperwork to finish the deal.  Now it’s time to get moved into your first home!

The Gary Nelson Team has been helping people buy their first home in in Flagstaff for years. They can help you through all of these steps to guide you to owning your first home in in Flagstaff. Give them a call at 928-225-3510 or 928-773-9300 to start your journey to owning your first home today.

How to Sell Your Home Faster to a Younger Buyer

by Gary Nelson

With more and more younger buyers hitting the market, it's a good idea to think about how to appeal to the younger buyers. When you're staging your home to sell, you need to think less about what you want in a home and think about what the buyer will want. Here's a few tips that will help you sell your house more quickly.

Warm Neutral Colors

Young professionals and families tend to lean toward neutral grays and lets them envision using colors and furnishings that will complement the walls.

White Cabinets

White and off-white cabinets appeal to people under 40.  The older darker cabinets remind younger ones of their parent's home, which usually can be a turn-off.

Updated Appliances

Stainless steel appliances are all the rage now, and many young buyers won't buy a home without them. Almond is out!

Open Showers

You don't have to be young to appreciate open glass showers.  

Keep it Simple

Young buyers aren't looking for fixer-uppers usually.  If they have children, they especially want a home they can move right into with minimal fuss. Make sure your home doesn't have any unfinished projects remaining and fix things that need to be fixed.

Find the Perfect Home in Flagstaff

by Gary Nelson

If you plan on buying a home in Northern Arizona, then no doubt you've already considered calling Flagstaff your home.  And with good reason! Flagstaff has so many things going for it.  It's a medium sized city with about 139,000 residents in the metro area, so it's not overcrowded.  Flagstaff is located near so many natural and man-made attractions.  Its location just south of the San Francisco Peaks adds to the stunning natural beauty of the area.  Flagstaff is an outdoor lover's dream come true.

When it comes to natural attractions in Flagstaff, you could explore them all for a lifetime. The greatest of these is, of course, the Grand Canyon.  We could just leave the list at that, but why should we? There's Wupatki National Monument, Walnut Canyon National Monument, Sunset Crater Volcano National Monument, and Barringer Crater to add to the list.  And you can also explore the 50 miles of trails in The Flagstaff Urban Trails System.  If you're into sports, don't worry, there's plenty of parks, disc golf courses, tennis courts, baseball fields, basketball courts, and more to keep you busy.

And let's not forget about the great shopping and dining waiting for you.  At the Flagstaff mall, you'll find all your favorite retailers.  Or for local vendors, you can go downtown to the Old Town Shops to find locally made items.  

Where you have tourists, you also have great food. Flagstaff boasts impressive culinary selections, such as Delhi Palace, the Horseman Lodge, Satchmo's BBQ, Fat Olives, and much more.

Hopefully, your curiosity is peaked about this amazing city.  You can learn more about living in Flagstaff in Flagstaff Real Estate & Community Information, where you can also search for the perfect home for sale.

Here's a few of the finest homes on the market right now in Flagstaff.

Displaying blog entries 1-5 of 5

Contact Information

The Gary Nelson Group
Realty Executives of Flagsaff
15 E. Cherry Ave. Suite 101
Flagstaff AZ 86001
Direct: 928-225-3510
Office: 928-773-9300
Fax: 928-774-1102


 

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