SOLD ON PHOENIX NEWS

Family Rentals: Navigating the Complexities with Care

published at Thursday, December 14th, 2023

Family Rentals: Navigating the Complexities with Care Renting a property to a family member can be a delicate situation. While it can be a way to provide support and build closer relationships, it’s crucial to carefully consider the potential challenges and ensure everyone’s interests are protected. Financial Considerations: Fair Market Rent: Renting below market value can […]

What is a “warrantable” condo?

published at Tuesday, June 13th, 2023

Early in my real estate career I helped a buyer that absolutely fell in love with a Midtown Phoenix condo that I just had to show them. My buyer was active duty military and was using the coveted VA loan to purchase as it was 100% financing and offered the flexibility of not having to […]

What happens to the equity in a home if it forecloses?

published at Thursday, April 6th, 2023

In Arizona, the equity in a property is typically used to pay off any outstanding debts owed by the borrower to the lender or other creditors in the event of a foreclosure. If there is any equity remaining after the debts are paid off, it usually goes to the borrower. However, if the outstanding debts […]

Why Should I Sell My Investment Property?

published at Monday, March 20th, 2023

  As an investor, there are several reasons why you might want to sell your investment property. Here are the top 10 reasons: Capital appreciation: If the value of your property has appreciated significantly, selling it could provide you with a substantial return on your investment. Rental income: If the rental income from your property […]

Rent It or List It

published at Monday, February 13th, 2023

Capstone Realty Professionals in AZ presents “Rent It or List It: A Guide to Making the Right Choice for Your Rental Property.” The real estate market can be unpredictable, and the decision to sell or rent your property can be a complex one. To help property owners make an informed decision, we have put together […]

The Adjustable Rate Mortgage

published at Monday, February 13th, 2023

As a Real Estate Broker, I often get asked about different types of mortgage loans, and one of the most common questions is about Adjustable-Rate Mortgages, or ARMs. ARMs are loans that come with a fixed interest rate for a short period, usually 3-10 years, before switching to an adjustable rate that changes at different […]

What are some benefits of holding a property in an LLC or Trust?

published at Tuesday, February 7th, 2023

  Investing in rental property can be a great way to generate passive income, but it can also come with a number of risks. One way to mitigate these risks is to put your investment property into an LLC or family trust. In this article, we’ll discuss the benefits of doing so. Protection of Personal […]

When does buying a home make more sense than renting?

published at Tuesday, February 7th, 2023

Buying a home can make more sense than renting in certain circumstances. Here are a few factors to consider: Long-term plans: If you plan to stay in the same area for an extended period of time, usually 5 years or more, buying a home may be a better financial decision than renting. Over time, the […]

Moving to Phoenix: A Guide for New Residents

published at Monday, February 6th, 2023

  Phoenix, Arizona is a city known for its beautiful weather, friendly residents, and plenty of outdoor activities. If you’re thinking about making the move to the Valley of the Sun, there are a few things you should know. Here’s a comprehensive guide to help you get started. Climate Phoenix is known for its hot […]

Why Would Someone Want to Manage Their Own Property?

published at Friday, February 3rd, 2023

There are several reasons why a property owner might choose to manage their own property instead of hiring a property manager: Cost savings: Hiring a property manager can be expensive, and some property owners prefer to save money by handling management tasks themselves. Control: Property owners who manage their own properties have more control over […]