Real Estate Blog

Home inspection completed? Check. Appraisal done? Check. Repairs successfully negotiated? Yup. All that’s left now is to close on the purchase of your new home. Right?

Not so fast – you have one final task, the final walk-through. This will happen just before closing on your new Scottsdale home and it’s your chance to ensure that the home you’ll soon be getting the keys to is in the same condition as when all the contract’s contingencies were removed.

We have a warning for you: do NOT rush the final walk-through of your new home. This is your only chance to complain about anything new (of a negative nature) that has happened to the home since you last saw it. Allow yourself plenty of time.

Keep in mind that this tour isn’t to find or cure

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Artist rendering of a python

Just a couple of items in the local news we found interesting.

Ms. Palin got an offer – and it’s not political

It’s not easy to sell high-end homes, even in a seller’s market and even in gorgeous Scottsdale, but Sara Palin is awfully close to doing just that. The home, listed back in late December 2015, has an accepted offer and, if all goes well, she’ll get close to her asking price of nearly $2.4 million.

It’s a gorgeous estate, situated on four acres. It includes a basketball court, pool (of course), an equestrian facility and putting green. The interior is what you’d expect of a home at this price, with a gourmet kitchen, media room and wine cellar, among other features.

Duh: It’s monsoon season

If you had any doubt that monsoon

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It’s hard enough to keep our outdoor plants alive during a Scottsdale summer but when the indoor plants start popping off it can be even more disheartening. When something is wrong with any plant, it pays to examine how you’ve been caring for it. If there is no evidence of pests on the plant, there are several other issues to consider.

Water

Indoor plants often suffer from receiving either too much or not enough water. The symptoms of both problems can be similar, but as a rule of thumb, if the leaves show soft, rotten spots and they aren’t developing properly, you may be overwatering and the plant may have root rot.

If, on the other hand, the leaves have dry, brown edges and the leaves toward the bottom of the plan are curled or yellow, it

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There’s no mystery to getting a home in Scottsdale sold quickly – the more people that step foot into the home, the better your chances of a quick sale. To get more people through the front door requires far more effort than merely listing it in the local MLS, it requires a plan and a budget large enough to implement that plan.

This is something to keep in mind as you interview possible listing agents – ask about their marketing plans, request samples of past marketing efforts and ensure the agents have the money to put the plan into action.

No, it’s not the listing price

Although helping the homeowner determine an accurate market value for the home and assisting in setting a list price is important, it’s not the most important task we have.

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The last thing new homeowners want to do after they finally close on their new homes is to spend yet more money, but if this is your first home, shop you must. As a homeowner, all repairs fall to you; no more picking up the phone to call the landlord. If you consider yourself handy and have the tools on hand that you’ll need to get the job done, you’ll save money in the long run.

Let’s take a list at some essential tools you may need to have for small repairs.

1. Tool kit — Even a basic kit is better than nothing. Ensure it includes a hammer (for hanging pictures), a Phillips head and standard screwdriver, a measuring tape, adjustable wrench, pliers and a utility blade. Now, those are the basics to get you started and you may want to consider

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 While it may not seem like it when a down real estate market drags on for years, the one thing you can count on is that it will, eventually, change. Scottsdale, Arizona’s market showed signs of doing just that, starting in late 2011, with high buyer interest and rising prices. Tumbling interest rates brought even more buyers to the market and today we’re in a hot seller’s market.

Sure, other sectors that affect the housing market remained clouded, such as low consumer confidence and sluggish jobs reports. But the slowing economy in China and the U.K.'s decision to exit the European Union pushed interest rates to slightly above the historic low. Because of this, Freddie Mac released revised projections last week, predicting increased action in the

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Scottsdale is a yoga aficionado’s paradise. We haven’t counted the number of studios but we know they’re almost as prolific as Starbucks.

It’s important that what you wear is not only comfortable but moves with you, doesn’t ride up and doesn’t expose certain body parts when you’re doin’ the downward dog. We’ve rounded up what we consider the stores with the highest quality yoga wear, both here in Scottsdale and online.

Lucy

Lucy is based in Alameda, Calif. but REI carries the line as does Athleta at Kierland Commons. They also offer online ordering at lucy.com.

From a look at the website’s “What’s New” section we see they’re offering some cute muscle tanks and a lot of non-athletic stuff. Dig deeper into the website, however, and you’ll

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 woman pressing weights in a gym

Here we are more than halfway through 2016 and, if you’re like me, you’re a bit burned out on your fitness routine. When it’s time to shake it up a little, dump what you’ve been doing and try something else. From across the country to around the world we have a list of a few of the most popular workouts, guaranteed to get you off your couch and looking as hot as a Scottsdale day in July. Best of all? They’re offered right here in Scottsdale.

The most popular fitness routine

Body weight training took top honors in the 2015 ACSM Health & Fitness Journal survey of fitness trends. In 2016, it’s number two, falling behind “wearable technology,” which is more of a trend than a fitness routine, so body weight training, by default, became the most

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Yellow rose

 

Rosarians understand that while growing roses in the desert is challenging, it’s also quite rewarding. Believe it or not, many varieties that don’t normally bloom twice a year will do so in our Scottsdale climate. Overall, the trick to growing better roses in Scottsdale is to choose varieties that have proven their heat tolerance. These include popular roses such as “Peace,” “Julia Child,” and a climber named “Sally Holmes.” Since we’re heading into another hot, dry Scottsdale summer I thought this would be a great time to share some tips from local rose experts.

Mulch

A 3 to 4-inch layer of mulch spread around the rose bush (placed 6 inches away from the plant) will help conserve soil moisture and insulate the plant’s roots from the heat.

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House and keys sitting on top of stacks of money

We see it often as listing agents – Scottsdale homebuyers that go into the process absolutely clueless about the fees they’ll be required to pay at closing. In fact, most of them think the down payment is the whole ball of wax when it comes to cash outlay. Hey, we don’t blame them; it’s their lender’s fault.

Since lenders don’t seem to be doing an adequate job of counselling homebuyers about the very significant amount in fees they’ll pay at closing, we will. Well, we can’t cover all of them, but these are the biggies.

Down payment

The amount you’ll pay at closing for your down payment depends on the amount and the type of your loan. Conventional loans require 20 percent of the loan amount as a down payment while the VA and the USDA require

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