Safety And Security Are The Prime Reasons People Live In Gated Communities
As in South Africa, the number one reason people in America choose to live in a gated community is because homes located inside a gated community provide residents with enhanced security. Virtually all gated communities are surrounded by a wall or fence, often manned by security personnel.
These communities are also selling peace of mind, particularly for seniors who often fear that they are a vulnerable population when it comes to crime. People who have second homes find gated communities a perfect place to live. These Snowbirds dont have to worry that their vacation home will be burglarized while they are away in Chicago.
While safety and security remains the most important attribute of gated communities, they also have other appealing qualities.
Arizona Homes For Sale
- 5 Bedsâ¢ 6 Bathsâ¢ 5,883 Sq. Ft.Scottsdale, AZ 85262
- 3 Bedsâ¢ 2 Bathsâ¢ 1,218 Sq. Ft.Yuma, AZ 85365
- 4 Bedsâ¢ 2 Bathsâ¢ 1,710 Sq. Ft.Sierra Vista, AZ 85650
- 4 Bedsâ¢ 3 Bathsâ¢ 2,561 Sq. Ft.Yuma, AZ 85367
- 3 Bedsâ¢ 2 BathsPayson, AZ 85541
- 3 Bedsâ¢ 2 Bathsâ¢ 1,280 Sq. Ft.Tucson, AZ 85706
- 6 Bedsâ¢ 2 Bathsâ¢ 3,592 Sq. Ft.Sahuarita, AZ 85629
- 8 Bedsâ¢ 3 Bathsâ¢ 2,449 Sq. Ft.Sahuarita, AZ 85629
- 3 Bedsâ¢ 2 Bathsâ¢ 1,547 Sq. Ft.Chino Valley, AZ 86323
- 3 Bedsâ¢ 2 Bathsâ¢ 1,455 Sq. Ft.Prescott, AZ 86301
- 2 Bedsâ¢ 1 Bathâ¢ 1,866 Sq. Ft.Vernon, AZ 85901
- 4 Bedsâ¢ 2 Bathsâ¢ 2,313 Sq. Ft.Peoria, AZ 85382
- 3 Bedsâ¢ 3 Bathsâ¢ 1,938 Sq. Ft.Surprise, AZ 85388
You stopped by just in time to see these new homes for sale.
Top Cities with Homes For Sale in Arizona
If you are on the market for a new home in the western United States and are hoping to save a bit of money in the process, the state of Arizona is one of your best options. Overall, it represents a highly buyer-friendly market, with the current median home price below $200,000. Additionally there is a diverse array of homes available, from simple single story houses for one or two people to massive beautiful estates with unique designs.
Start House Hunting In Arizona
ð Key Takeaway
To help you narrow your choices and find your new home faster, keep in mind these important factors:
- “Must-haves” vs. “Nice-to-haves”: No home is perfect. As you view homes in Arizona, you’ll have to decide which of your priorities are non-negotiable and which are just nice bonuses.
- Housing inventory: Depending on the time of year and trends in the Arizona cities you’re searching in, you may have fewer options to choose from.
Searching for homes in Arizona is the fun part of the home buying process! You’ll get to look at a variety of homes and discover what you really want in a home.
You May Like: Homes For Sale In Lyon Township Mi
What Should Your Offer Include
Your real estate agent can help you decide which of these common options you should include in your offer:
- Seller concessions: You’ll have to pay for most of your closing costs out of pocket when you buy a home, but you may be able to ask the seller to cover some of those costs for you. This option may allow you to offer a higher purchase price and essentially include your closing costs in your mortgage.
- Repair credits: If the home is in need of repair, you could ask for credits instead of having the seller make and pay for the repairs. The seller avoids the hassle of waiting for contractors to complete the job, and you get to oversee the repairs in the future to make sure they meet your expectations.
- Inspection contingencies: Most purchase agreements have inspection contingencies that allow you to change your offer if the inspection turns up major problems. If you have a high degree of certainty about the house’s condition , you can forgo this contingency to give the seller a higher sense of confidence.
- Letter to the seller: Many sellers have a personal attachment to the home. They’ve lived there for years and want to know the next owner will take care of the property. Writing a letter to the seller can show them how you picture your life in the house and appeal to their sentimental side.
The Gated Community Lifestyle
Much like active adult retirement communities, gated communities are populated by people who collectively embrace a certain lifestyle and who seek many of the same benefits these developments have to offer.
However, there are some significant differences between the two. For example, many gated communities are not age restrictive. You dont have to be 55+ to buy or rent a property in them. Also, most gated communities do not offer the wide breadth of planned recreational activities that are an integral part of active adult communities. Nevertheless, most gated communities offer recreation centers, gyms and swimming pools. Some may even offer a few structured recreational and educational activities such as guest speakers, cooking classes and the like.
While the majority of residents at active adult retirement communities move into gated communities to take advantage of the wide variety of recreational activities, people who move to gated communities do it for other reasons, first among them is the safety and security that they provide.
You May Like: Houses For Sale In Ireland With Sea Views
Arizona Single Family Homes For Sale
- Brokered byRealty One GroupNew – 21 mins ago
Arizona Real Estate Listings You Can Trust
With Arizona Network Realty, you can be confident youre always seeing the most accurate, up-to-date listings.
Why is this important? Other Arizona real estate services dont always update their listings frequently, so you dont know which listings are active and which are closed. If youve ever pored over homes online, found your favorites and forwarded them to a real estate agent only to be told that the home is under contract or otherwise unavailable then you know how frustrating this is. Arizona Network Realty is different. We update our real estate listings in real time, so you can trust our information. That means:
- If youre selling your house gets listed immediately, so interested buyers can see it
- If youre buying no more wasting time investigating listings that are no longer on the market
Buying a home in AZ has never been easier.
Also Check: New Houses For Sale In Avondale Az
Arizona Down Payment Assistance Programs
Having trouble securing funds for your down payment?
Donât worry there are thousands of down payment assistance programs available for first-time and low-income buyers across the country. In Arizona, resources for homebuyers can include government grants or second mortgages with deferred or forgiven payments.
Each program has unique eligibility requirements, and some may only be available in certain cities or regions. To help you find one that’s right for you, here are a few down payment assistance programs available in Arizona:
Home Plus Down Payment Assistance Program
The Home Plus program is the only state-run down payment assistance option that’s available in all Arizona cities. Eligible participants must have a credit score of 640 or more and not exceed the maximum income limit.Income limits depend on your county and what kind of mortgage you have.
Although the exact percentage varies based on your mortgage type, the Home Plus program can cover anywhere from 1-5% of the initial mortgage balance. Active military service members and veterans can also receive an additional 1% in assistance.
Home in Five Advantage Program
The Home in Five Advantage Program is specifically for low- and moderate-income homebuyers in Maricopa County. New and existing single-family homes, 2-4 unit homes, condos, and townhomes are eligible for the down payment assistance program.
U.S. Department of Housing and Urban Development
Experts You Can Trust When Buying A Home In Az
Arizona is a state like no other. We offer a sun-drenched climate, year-round golfing and outdoor activities, and of course, the Grand Canyon. To the south we have palm tree-lined streets in charming desert neighborhoods to the north youll find cool mountain air amid the rustic towns along the Mogollon Rim.
In fact, due to our varied landscapes and elevations, residents in the northern part of the state can go skiing or snowboarding in the morning and then drive an hour south for a round of golf in the afternoon. Its downright idyllic.
Arizona also boasts the nation’s fastest growing county in the United States. According to the Census Bureas Maricopa Country, with an estimated population exceeding 4.2 million people who live within 27 neighboring cities and towns, it is growing at nearly a 2 percent rate with most of its new residents coming from people relocating elswhere in the United States.
Now add a thriving job market, five major league sports teams, world-class fine and performing arts and a range of homes for every budget and stage of life all surrounded by the magnificent beauty of the American Southwest and the allure of buying a home in Arizona is clear. Now you need two things:
- A local real estate agent who can guide you through the process
- Reliable, up-to-date Arizona real estate listings
Thats where Arizona Network Realty comes in.
You May Like: New Single Story Homes For Sale In San Diego County
Phoenix Homes For Sale
Phoenix Home for Sale:
Beautiful 1 bed 1 bath ground level condo that over-looks the green belt in the gated community of Tuscany Villas. Resort style living in a Premium Scottsdale location w/ access to Stone Creek Golf Course & walk/bike paths. New beautiful laminate wood flooring & tile throughout. Kitchen is open to the family room & eating area. Dark maple cabinets w/ matching appliances. Bedroom is over-sized w/ sliding door that exits to the patio. Walking distance to a wide variety of shopping, grocery stores, entertainment & dining options. Great location for hiking many popular trails & 101/51 freeways are all nearby.
Phoenix Home for Sale:
Welcome Home! To this Beautiful and highly upgraded Single Family One Story Corner Lot Home in the highly desired Newport at Mountainside Subdivision of Ahwatukee! 3 bed 2 bath As you walk through the front door, the great room with vaulted ceilings. The spacious kitchen offers plenty of cabinets and Upgraded Counters. The Owners Suite bedroom is tucked in the back of home with a full bathroom. You can enjoy the breeze and fresh air throughout the home during the cooler months as the owner has had security doors installed in the front and back. Relax on your patio and enjoy your low maintenance yard. Located near Pecos Park with plenty of activities, shopping, dining, entertainment and clo
Phoenix Home for Sale:
Phoenix Home for Sale:
Close On Your New Home
Once you finish your inspections and your lender approves your financing, you’ll be ready for closing! Closing is the process of finalizing your mortgage and transferring ownership of the property.
Before you close on your new home, you and your agent will do a final walkthrough of the property to ensure that it’s still in the expected condition.
Closing on your home in Arizona requires you to review lots of paperwork and pay the closing costs you owe. After these two steps, you’ll be an official homeowner!
On closing day, youâll meet at the title company to sign a series of documents that will finalize the property transfer and iron out your mortgage details. Some important pages to pay attention to will include:
- The mortgage promissory note
- The deed transfer
After the paperwork is finished, you’ll move on to settling closing costs. The title company will collect the total amount you owe and distribute it amongst the various parties involved in your home purchase.
If you’re curious about where your money will end up, closing costs can typically be divided into four general categories:
Buyers in Arizona typically pay 3-5% of the purchase price in closing costs. For a $450,600 home â the typical home value in Arizona â that’s between$13,518 and $22,530!
Also Check: Homes For Sale In Fulshear Run
Home Inspections In Arizona
Having your Arizona home inspected by a licensed inspector gives you peace of mind about the condition of the property before you commit thousands of dollars to purchase it.
Your inspector should check out the following parts of the property:
- HVAC system
If the home has a septic system, you should also pay for a septic inspection to make sure it doesn’t have any problems that wouldn’t be covered in a typical home inspection.
Find A Great Real Estate Agent In Arizona
ð Key Takeaway
Interview multiple agents to find one who knows your target neighborhoods, has experience in your price range, and communicates well.
Your real estate agent will be your main ally during the home buying process. Besides finding and showing you properties, your agent should be an expert on buying a home in Arizona.
They’ll help you make offers, negotiate contracts, and navigate the closing process. Plus, they can recommend other service providers like title companies and inspectors to help you buy your home in Arizona.
Don’t rush into choosing an agent. Instead, take the time to research and interview multiple real estate agents who have experience in the neighborhoods you’re interested in. you should pay attention to a realtor’s:
- Years of experience
- Number of transactions in the last year
- Experience in your price range
- Overall review score
- Individual reviews and complaints
Ask each of them questions about your target neighborhoods, how they prefer to communicate, and their strategy for helping you find and close on your new home. You should feel comfortable with the agent’s knowledge, experience, and process beforecommitting to an agent.
Top Local Agents Hand-Picked for You!
Clever matches you with multiple agents in your area so you can interview, compare, and choose the best one to help you buy your next home.
Hiring a real estate attorney
Also Check: Homes For Sale In Cedar Mill Charlotte Nc
Things To Consider When Buying Into A Gated Community
While there are many benefits to living in a gated community, there are some things you should consider before you make this lifestyle change.
For example, all gated communities have rules. Some communities even have quite a bit of rules. While most of these rules are not overly bothersome, for some people it takes a while to get used to them.
Another thing to consider are Homeowner Association, or HOA, fees. These are monthly charges for maintaining common spaces, swimming pools, rec rooms and tennis courts. These HOA fees can sometimes be quite high, and you must pay them even if you dont use the amenities.
In addition, research shows that, on average, a home in a gated community costs about $30,000 more than a similar home outside the gates. However, most people think the added security and extra amenities are well worth the added cost.
Finally, some folks find that gated communities can be an inconvenience to both residents and visitors. Sometimes the security gate gets busy and backed up. Other times the security personnel have a hard time contacting residents when visitors arrive, leaving your friends stuck outside.
Most people find the downsides to living in a gated community well worth the upside of living in a secure place.
Choose The Right Location
ð Key Takeaway
- Home prices are within your price range
- Home values are on the rise
- The local amenities support your lifestyle
A house’s neighborhood can be just as important as its layout and features. In general, you should consider the following factors when deciding which neighborhood is best for you:
Also Check: Homes For Sale By Owner In Chapala Mexico
Real Estate Market Inarizona
There are currently 10K+ homes for sale inArizona.Median Sale Price for homes in Arizona was $475,383 last month.The total number of homes for sale in Arizona is 28% higher than it was at the same time a year ago.10933 homes were listed for sale this month in Arizona. This is 49% lower compared to the same time last year, and 17% higher compared to last month.
7719 homes were sold in Arizona this month. 9% more than previous month. 18% less than same month last year.Average days on market for homes in Arizona was 35 days this month, 34 days last month and 23 days last year.There are no bidding wars at the moment. Homes in Arizona are selling close to the asking price in the last three months.