North Scottsdale real estate and Northeast Phoenix Arizona homes and real estate - America's NUMBER1EXPERT(tm): Real Estate Library

North Scottsdale and Northeast Phoenix Arizona real estate listings, property, land for sale and home listings - America's NUMBER1EXPERT(tm)

Tim Henry Realtor, real estate agent for North Scottsdale and Northeast Phoenix Arizona.

Real Estate Library

Current Topic:
Affording A Home

Are you getting ready to buy your first home? It is important to know how much you can afford before you begin looking at properties. Talking with a lender and getting pre-approved for a loan puts you in a stronger negotiating position with sellers.

As a rule, your monthly housing costs should not exceed 28% of your monthly pre-tax income. These costs include the mortgage payment, real estate taxes, and insurance. If you have long-term debts, such as student loans or car payments, your monthly payments, including your housing costs, should be less than 36% of your pre-tax monthly income. Some loans, such as VA and FHA loans, are more flexible with these basic guidelines.

Depending on which type of mortgage you select, you can consider houses in various price ranges. An adjustable-rate mortgage will usually enable you to qualify for a higher loan amount. Your real estate agent can help you make the basic calculations. Remember that buying at the top end of your price range gives you more time to outgrow your home, and can save you money over the long term. For professional advice on all aspects of buying and selling real estate in the Northeast Valley, please call me at 602-697-0962 or email your phone number and best time to call.

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REAL ESTATE TRIVIA
Q	Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?
A	Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria.
More Real Estate Trivia

North Scottsdale and Northeast Phoenix home sales are growing!

A North Scottsdale and Northeast Phoenix home is a great investment!

North Scottsdale and Northeast Phoenix homes sell quickly!

North Scottsdale and Northeast Phoenix real estate and homes - America's NUMBER1EXPERT (tm)

Tim Henry
Realty Executives
10301 N. 92nd St. Suite #101
Scottsdale, AZ 85258
602-697-0962
Fax: 480-657-0230
Email: calltimhenry@aol.com

Tim Henry has a proven track record of accomplishment in helping buyers and sellers in the Phoenix/Scottsdale metro area, having closed over 100 properties since 1994. Tim's background in mortgage finance has been a great asset to his clients, as well as his commitment to highly personalized service.

In 1996 Tim received the Century 21 Centurion® Award, placing him in the top 1% of all agents in the Century 21 system. Other awards include 1999 membership in the exclusive Realty Executives 100% Club. Educated at The University of California at Berkeley, Tim has an ongoing commitment and interest in keeping up to date on the latest developments in the Phoenix/Scottsdale real estate market.

"Technology is changing the way that real estate transactions are being handled. Just today I previewed a property, took 23 pictures with my digital camera, and emailed them an hour later to my buyer. I have a direct cellular line, anytime fax line, interstate paging system, and of course email to keep in touch with my clients. I invite you to interview me---I'm very friendly---and whether you are buying, selling, or relocating, you can be assured that your next move will be your best ever!"

www.CallTimHenry.com is brought to you by Tim Henry
America's NUMBER1EXPERT™ for
North Scottsdale homes, real estate and Northeast Phoenix homes, real estate in Maricopa County Arizona, Including North Scottsdale, McDowell Mountain Ranch, McCormick Ranch, DC Ranch, Grayhawk, Pinnacle Peak, Troon North, Northeast Phoenix, Desert Ridge, Tatum Highlands, Tatum Ranch, Paradise Valley, Carefree, Cave Creek