Buying a new home in the Fountain Hills area.

Make a list of features that you would like to have in your new Fountain Hills home. Making a list will help you save time plus it will help you to remain focused on the type of house your looking for. Take the list and number the features in the order of importance from 1 - 5. Keep a note on the items your willing to compromise on. Decide whether you want a new home or an existing home. How many bedrooms/bathrooms would you like? How big of a lot? what kind of view do you prefer? Should it have a two car garage? perhaps three? What about the surroundings? Have you heard the phrase location, location location before? Amenities like a grocery store, schools, shopping facilities are they conveniently located nearby? How about utilities? Do you love to surf the web on your home computer? Make sure that high speed Internet is offered. Do you have children and want to stay in a particular school district?

OK you have a plan!

Because of the market conditions in Arizona houses are selling rather quickly. A homeowner can get several offers at once. Its time to give yourself the best chance to get your offer accepted! Having your loan amount pre-approved by a lender will in most cases strengthen your negotiating position. You spent your valuable time looking for a property and getting pre-approved financing which can take as little as 2 days. You can make a better commitment with less of a risk when your authorizing a purchase agreement that requires and earnest money ( good faith ) deposit. Remember being pre- approved can give you an advantage over another buyer when it comes to negations with the seller. Documents generally asked for by a lender are income tax filings form the last couple of years. Proof of income from W2's. Your banking records and statements proving any additional income you are claiming to qualify for the mortgage. If you have not checked your credit report lately you might want to consider doing so in the early stages of home shopping.

Making an offer on a house. When you are negation on the price be well informed of what comparable AZ homes are selling for in the area. Information is a powerful tool and having a written history of previous real estate transactions in the Fountain Hills area can make a difference between buying at the listing price and the actual sales price.