These days, most of the listed homes for sale in Bullhead City, Fort Mohave, or Mohave Valley are all about building a family future. Savvy buyers know that the market is theirs, and they can bargain for things like better school districts, home improvements, and other amenities that make owning real estate in Arizona great. However, when the Bullhead City real estate market boasts more homes than there are buyers, there’s another advantage: homes for investment opportunities are cheaper and have greater potential than ever before.

First-Time Homebuyers in Bullhead City, Fort Mohave, Mohave Valley: If you’re in the market for the first time, buying a home as an investment is a wonderful opportunity. Not only are there federal funding options available for first-time buyers, but the low average cost of homes right now means that you can get more Arizona home for your dollar. This is especially true if you’re looking for a home to live in for a few years. By buying a house now, you can have a place to call home and the potential to sell it for profit five, ten, or even twenty years from now.

Bullhead City Home Flipping: “Flipping” a home, or buying a house and fixing it up to increase the resale value, has been made popular by television shows and success stories that boast of tens of thousands of dollars virtually overnight. However, the process of fixing up a house is a much larger task than it at first appears. If you plan to flip a house as a way to earn a living, make sure you know exactly what the construction projects will entail and how you will finance your way through the process for the entire time it might take to resell your investment home.

When Buying AZ Real Estate, Timing is Everything: As a financial decision, buying real estate is often best taken advantage of as a long-term investment. After all, it can be difficult even for professionals to predict the Bullhead City real estate market. That’s why one of the best ways to turn a profit on a Arizona home is to plan on living in the home or renting it out for upwards of 10 years at a time. It’s one of the best ways to guarantee an increase in your investment, and to enjoy yourself – and your family – while doing it.

The most important thing to remember before delving into AZ real estate as a way to make money is that there is no quick and easy road to riches. The recent housing bubble burst is perfect evidence of this, and many people learned the hard way that buying a home as an investment, like any financial decision, takes time, planning, and a little homework.

While most homeowners should make changes to their houses that suit their lifestyle rather than the eventual sale price of their home five, ten, or even twenty years down the road, there are a few things to keep in mind. After all, if you will someday be selling your Bullhead City house, you want to be sure you’re maximizing your profit.

• Repair all the little things – now. Most of the time, homeowners are willing to overlook the little idiosyncrasies like a broken step on the porch or chipping paint on the kitchen cabinets while they live in their house. These small repair needs are a bit like a knee that acts up in the rain or a car that always requires you to turn the key three times to the right before starting; they just become part of the everyday backdrop of your life. However, for someone buying a home in Bullhead City, Fort Mohave or considering real estate in Mohave Valley, these things can become glaring problems. By fixing issues as they arise (rather than waiting until you’re ready to sell your AZ home), you not only avoid making major repairs all at once, but you actually get to enjoy the repairs while you live there.
• Know your neighborhood. If you live in one of Bullhead City’s family-friendly neighborhoods, chances are things like well-maintained yards, large family rooms, and spacious kitchens will be worth more in the long run. If you live in a Fort Mohave condo, you might find that built-in bookshelves and jacuzzi bathtubs are more appropriate. While you don’t have to tailor every change to your eventual sales audience, you can choose to make the types of changes that will translate into the highest returns.
• Don’t ignore the less visible changes. Almost all of the houses for sale in Bullhead City go through cosmetic changes before they hit the market. Fresh paint, new kitchen appliances, and good landscaping are fairly common. Less common are things like a new roof, updated plumbing, or even a newly-installed automatic sprinkler system. However, these things show up in a home inspection evaluation, and when you put your trust in a AZ real estate agent like Michael Fahey, these types of changes will always get the focus and attention they deserve.

The most important thing you can do to your Bullhead City home is enjoy the time you’re going to spend there. However, by keeping its eventual sale at the back of your mind, you’ll be able to get the most out of your life – and your investment.
]]> http://www.bullheadcityrealestateforsale.com/get-the-most-out-of-your-home/feed/ 0 http://www.bullheadcityrealestateforsale.com/guide-to-buying-a-fixer-upper-in-arizona/ http://www.bullheadcityrealestateforsale.com/guide-to-buying-a-fixer-upper-in-arizona/#comments Fri, 07 May 2010 03:14:01 +0000 Michael Fahey http://www.bullheadcityrealestateforsale.com/guide-to-buying-a-fixer-upper-in-arizona/ In the Bullhead City, Fort Mohave, Mohave Valley Arizona real estate market, buying a home with the intent to fix it up is one of the best investments you can make. There’s no better way to take control over your home ownership than to customize the design, floorplan, and landscaping of everything from a single story rancher to a charming Victorian – especially if you’re looking to use the current Arizona real estate economic climate as a way to get the home of your dreams without breaking the bank.

However, as any responsible real estate agent will tell you, buying a fixer-upper can be a big challenge. Excessive or hidden damage in a home can be both dangerous and costly. Before you make the plunge, make sure you follow a few important fixer-upper guidelines.

1. Always get an inspection. Nothing will give you a better idea of what kind of repairs you’ll come across than a thorough home inspection from a trusted source. Don’t take on more damage than you, your contractor, and your budget can handle. 
2. Pay attention to the layout and structural foundation of the house. If you’ve always dreamed of a large kitchen, make sure your potential new home can be adapted in terms of wiring, plumbing, and layout. Sometimes, the skeletal structure of a house prevents certain types of cosmetic changes.
3. Location matters. It doesn’t matter if you’re looking for a single family house in Bullhead City or a condo in Fort Mohave; a home’s value is only as high as the neighborhood in which it’s located. A rundown building in a nice neighborhood has the greatest potential to bring an enormous resale price.
4. Know the difference between “big fixes” and “small fixes.” Things like drywall, painting, floor refinishing, landscaping, and hardware are easy to do yourself. Things like plumbing, electrical work, windows, and roofs can be more expensive and difficult. Stick to changes you can make for certain based on your skill level and budget.

When buying a home in Bullhead City or looking at Fort Mohave real estate options, a fixer-upper can be one of the best ways to get the home of your dreams for a low overall cost. Just make sure you enter into the transaction with your eyes open, with flexibility in mind, and with Michael Fahey at your side.

In real estate lingo, this is known as curb appeal.

Most potential homebuyers make a decision about a house within the first 30 seconds. For example, simply driving by a well-kept single family home for sale in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas is often enough to cause people to pull over and make an immediate call to their realtor. That’s because an inviting exterior promises an inviting interior.

To get the kind of curb appeal that really gets noticed, you have to be able to detach yourself from your home. You may have lived there for months or years, and have probably learned to overlook the overgrown shrubbery next to the sidewalk or the mailbox in need of repair. However, these are the first things potential homebuyers will see. You have to view your home as objectively as possible in order to begin making the necessary repairs to get noticed.      

Look out for:

• Visible mold or mildew on the house, roof, or sidewalks
• Outdated exteriors
• Yard clutter
• Dirty gutters, siding, or windows
• Chipped paint
• How your home appears at dusk or even at night
• Overgrowth in the yard or on the sidewalks
• Dead plants or leaf piles
• Overly personalized doormats

Of course, if you’re really motivated to sell your home in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas, you may also want to consider upgrading your landscaping. Like staging your home or making repairs, restorative landscaping can give your house just enough polish to entice a higher level of buyers. In fact, in a recent study, it was determined that good landscaping can actually add 6 to 11 percent to your home’s sale price.

We all know that selling a home can be hard work. Increase your chances of success by making sure your potential buyers are impressed before they even get out of the car.

Within the first minute, people decide if they could live in your home. The problem is that there are so many homes on the market right now, that if yours doesn’t catch their eye immediately, then they have other choices. The struggling housing market is forcing people to take more drastic measures to sell their homes. Many homeowners say they need all the help they can get. With the market not being so good, there are ways you can make your house stand out. Staging your home is the way to make your house stand out in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas.

The idea of home staging is to highlight your home’s best attributes and positively affect potential buyers. Staging your home isn’t about your own tastes. It is about making the home appealing to the general population. Whether you go at it alone or use a stager, you need to have the attitude that your home is no longer your home.

Following are some tips to consider:

• Take down family pictures. Potential buyers need to picture themselves in your home, not you!
• Staging your rooms to show off their true potential. Clear out clutter or other personal items that will distract buyers.
• Painting the walls yourself is the cheapest upgrading option you have. This will really attract buyers. Try a neutral tone.

Staging your home is a great option to make your home stand out in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas. Let myself, Michael Fahey, your agent offer you advice about how to make your house more attractive to buyers.
]]> http://www.bullheadcityrealestateforsale.com/staging-and-real-estate/feed/ 0 http://www.bullheadcityrealestateforsale.com/what-buyers-are-seeking/ http://www.bullheadcityrealestateforsale.com/what-buyers-are-seeking/#comments Tue, 09 Feb 2010 16:29:49 +0000 Michael Fahey http://www.bullheadcityrealestateforsale.com/?p=79 What should buyers look for, or look out for when purchasing a home in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas? This article will help sellers look into some important aspects of selling their home and what potential buyers look out for as well.

The way you live in your house is not the way to sell your house. So, what makes a house a home for sale on the market, and one that soon has a “SOLD” sign out on the front lawn? And what aspects are important to look at because potential buyers will ask the question, “How much work are we going to need to do prior to moving in and beyond?” The appearance and cleanliness of the home are significant. Always have your home ready to be shown at a moment’s notice with me, your agent, Michael Fahey because this is what buyers are looking for. And a tip- burned out lights need to be replaced; classy lighting and upgraded fixtures can ameliorate the value of a home. Also, buyers said they would be willing to pay more for a home with a renovated kitchen.

Here are some things a buyer will look out for when dealing with the purchase of a home. The buyer will consider the following:

• Exactly what property is included in the sale? Lighting fixtures, drapes or blinds, refrigerators, stoves, washing machines and dryers are often problem areas.
• Is the neighborhood quiet, friendly? Are the homes well kept?
• Are there any development plans that will affect the property?
• The inspection report – are there any substantial problems with the house?
• Real estate taxes – what are the current property taxes, and what impact will your purchase have on the taxes?

Another issue that raises concern regarding buyer appeal is that sellers often mistakenly think that viewing empty properties will give the buyers an accurate sense of the space available. On the contrary, it is more difficult to really judge the size of a room without furniture and other objects as reference points. An empty room even allows buyers to focus on negative details instead of getting a sense of the overall space and the flow of each room to the next. Buyers need to ask themselves the question, “Can I see myself in this home?” Therefore, staging really helps buyers envision themselves in the space.

The idea of “staging” a home to make it look alluring to buyers has become popular during the last decade, as manifested by the proliferation of numerous home staging companies offering advice about how to make the house more attractive to buyers. Check out next’s months article about “Staging a Home.”

When selling your home with myself, Michael Fahey, your agent keep in mind what buyers look for, or look out for before coming to look at your home in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas.
]]> http://www.bullheadcityrealestateforsale.com/what-buyers-are-seeking/feed/ 0 http://www.bullheadcityrealestateforsale.com/new-year-brings-optimism-for-the-2010-real-estate-market/ http://www.bullheadcityrealestateforsale.com/new-year-brings-optimism-for-the-2010-real-estate-market/#comments Mon, 18 Jan 2010 17:49:08 +0000 Michael Fahey http://www.bullheadcityrealestateforsale.com/?p=77 What better way to start the New Year, then to bring confidence to our 2010 Real Estate Market. Ringing in the New Year being hopeful and optimistic will allow us to decide what we can do to improve our way of thinking about what is currently going on in the market. The New Year begins with us having a positive outlook and is a promising time for those of us looking to buy a home in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas.

Here are a few reasons to make a real estate investment in 2010:

Lower Home Prices: Housing prices have fallen to more affordable levels, in some markets moving back to 2003 prices. Lower home prices expand the number of people able to afford to buy and own home, creating a greater demand in the 2010 Real Estate Market.

Historically low interest rates: 30 year fixed mortgage rates are nearing 5 percent and are expected to move to 4.5 percent or lower in the 2010 Real Estate Market. Compared to 6.25 percent rates seen earlier in 2008, a rate of 4.5 percent would mean a monthly savings of $218 on a $200,000 mortgage. Lower monthly costs will keep people in their homes, reduce the number of homes on the market and lead to a stabile housing market.

The New Year brings optimism for the 2010 Real Estate Market. It is already evident that the housing inventories and prices are beginning to stabilize. The combination of lower prices and historically low interest rates will lead to a very good housing recovery.

No one can predict a market bottom, however it appears the worst of the market turmoil is behind us. The drive to stabilize and improve the housing market should lead to an improved 2010 Real Estate Market.

Let us all take a good peek into our own personal outlook on the 2010 Real Estate Market. With the interest rates low and many homes available, there is no better time than the present especially if you are looking for a home in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas.

Buyers are more serious during the holidays. Anyone shopping for a home during the holidays probably has to buy before a certain deadline. Therefore some buyers may be looking to relocate before the new year. Investors may also want to close before the end of the year for tax reasons. If you live near a university, students and staff may be looking for homes between academic sessions, and if you live near a military base, servicemen and women may be moving to the area. Work with me, Michael Fahey, your agent to target these motivated buyers. Buyers have more time to house-hunt. Buyers who are looking at this time during the holidays are serious about making a purchase. Some buyers purposely wait until their families are together for holiday vacations to start looking for a home. Homes show better in the winter. Decked out in lights and garland, homes often look their best during the holiday months. Take advantage of the Holidays and spruce up your homes to make them more festive. Deck the halls, but don’t go overboard, just enough to make your prospects feel at home and your home still looking spacious.

Home sellers can’t always take a holiday from keeping their house on the market. Instead, they should consider ways to turn the holidays to their advantage. By holding a holiday-themed open house – maybe instead of the traditional Sunday afternoon open house; your home could be open in the evening to take advantage of a festive holiday light display. Keep in mind to not block or cover up important selling features such as fireplace mantels, stairs, stained-glass windows. Tone down the size of tree. In place of a 10-foot tree, try decorating a table-top, four-foot version. Set a plate of cookies on the counter, next to festive paper napkins for guests. Giving house hunters a place to escape from the cold is another excellent way to get them inside your home.

The holidays are stressful enough without having to think about staging and open houses, so if you’re not truly motivated to sell, it’s probably best to wait a few months. But if you absolutely have to sell, don’t be discouraged. A good agent like myself can take the burden off of your shoulders, giving you more time to enjoy the season.

With these tips in mind, it is possible to enjoy the holidays and still successfully feature a home for sale on the real estate market. Now is still a good time as ever in the Bullhead City, Fort Mohave, Mohave Valley Arizona areas.

The key is to stay organized, so check out moving checklists online to help you with your move to the Bullhead City, Fort Mohave, Mohave Valley Arizona areas. Make a list of questions to ask for either your local moving truck rental business or decide if you need to go with actually hiring a moving company.

Experts in the moving and storage industry say that, you should plan six to eight weeks in advance to book a reputable moving company. Finding that reputable company can be a challenge, however, and a little research should be done before you entrust all of your worldly possessions to professional care. Check out listings online of moving companies that allow you to compare movers and interview moving companies to find just the right one. On interstate moves, charges are based on the weight of the items to be moved, the distance to be moved, packing, and other services. Get two or three estimates well in advance of your move. Be sure to check with the Better Business Bureau about any moving company you are considering.

Renting a moving vehicle or a portable on demand moving crate can be your best and easiest option to make sure your stuff gets moved to the new place the way you want them to. If you choose to rent a moving vehicle, you can rent it the day of the move or the day before. If you really want a lot of time to make sure you can arrange your furniture and household goods in your moving vehicle, then you might consider an on demand storage unit. These units get delivered to your driveway and you have as long as you need to fill it up. Then, when it is full, you call the company and they will come and pick the container up and deliver it to storage or to your new home.

No matter which moving option you choose, you will make things a lot easier on yourself if you weed out all the “stuff” that you haven’t used in a long time and donate it or throw it out. Start packing the items you want to keep but don’t use everyday away well before the moving day. Think about this tip: get wardrobe boxes to pack clothes. By simply hanging clothes inside these boxes, you’ll save time both packing and unpacking.

Facing relocation can be scary. Let your Real Estate agent, Michael Fahey, ease the pain with packing tips, relocation advice and moving companies that specialize in relocation near and far.
]]> http://www.bullheadcityrealestateforsale.com/ideas-for-relocation-and-moving-in-the-bullhead-city-fort-mohave-mohave-valley-arizona-areas/feed/ 0 http://www.bullheadcityrealestateforsale.com/home-sales-in-bullhead-city-arizona-stay-strong/ http://www.bullheadcityrealestateforsale.com/home-sales-in-bullhead-city-arizona-stay-strong/#comments Wed, 04 Nov 2009 17:21:50 +0000 Michael Fahey http://www.bullheadcityrealestateforsale.com/?p=62 With Virginia, New Jersey and the congressional race in New York the evening news may have something other to report on than the current real estate and economic crisis. While some Democrats are sharing their conservative views and some Republicans are sharing their liberal views, it is no wonder that the real estate market is on its ear too!
As 2009 draws near the finish line we continue to positively look forward to 2010. Comparing the last 12 weeks with the prior 12 week period we are confident that our local market is beginning to stabilize. Although the Single family homes are down slightly the under contract homes are up 7%. Competition in the market continues to decline with fewer homes coming on the market. The week of October 19th saw a peak of 31 homes going under contract. We speculate that this was directly connected to deadline date for the $8,000 first time home buyer tax credit that mandates that the homes must close escrow by November 30, 2009 to qualify.
Last week we received a call to action and Michael and I both called our Senators to ask them to vote in favor of extending the tax credit into next year as well as opening it up to return buyers. Although I have not received information that this was passed my sources are reporting that the Senate is in agreement and just waiting to for Congress hammer out the details and vote. I have heard that they may be voting soon.
This is great news for home sellers and buyers in our area In the event the current homeowners qualify for this new tax credit, I expect to see many “move up” buyers enter the market in the next few months.
We are working hard to ensure that when you are listed with Team Fahey your property receives maximum exposure. The following are many of the websites your property is marketed for sale:
Team Fahey.com, CountryRanchRealty.com, Google, Yahoo Real Estate, Aol Real Estate, Trulia.com, Zillow.com, Frontdoor.com, CyberHomes.com, Hotpads.com, HomeFinder.com,Backpage.com, CLRSearch.com, Oodle.com, Local.com, Propbot.com Vast.com, Lycos.com, LaekHomesUSA.com, LandWatch.com, ResportScape.com, Enormo.com, ERealInvestor.com, LandWatch.com,Military.com, MyRealty.com, Overstock.com, OpenHouse.com, InvestorLoft.com,Walmart.com, Homes.com, MyNewPlace.com, SecondSpace.com, DotHomes.com, Point2Homes.com, TheNewYorkTimes.com, TheRealEstatebook.com, LoveMyZip.com, HomeHippo.com, HouseLocator.com, TheHousingPages.com, phonetour.com, HomesZ.com, Kazorks.com, PropertyShark.com, VivaReal.us, NTXHouseHunters.com, HomeAwayRealEstate.com, craigslist.com, Backpage.com, eBay.com, kneedl.com, Areaguides.net, Guidespot.com
Please notice that we have attached a copy of the ads for November and the Market Trend Report. We have launched our new www.CountryRanchRealty.com site and. Please contact us with any questions or concerns.