Oro Valley Homes for Sale - Latest News
Oro Valley Latest News, Oro Valley Real Estate in Oro Valley AZ. Sell or Buy Oro Valley AZ, Homes for Sale and Real Estate.
Ian Taylor Long Realty www.OroValleyRealEstateandHomes.com 520-400-9494 itaylor@longrealty.com  

Latest News
Oro Valley Homes for Sale - Tips when Applying for a Mortgage
Buying a Home? Here are the basics.
If you know what to expect – and you have a knowledgeable team of real estate and mortgage-lending professionals to assist you – finding and financing your first home can be an exciting and rewarding experience.  Here’s what you need to know:
Obtain a mortgage preliminary approval before you begin house hunting.
Learn how much home you can purchase.
Strengthen your bargaining position with sellers.
Work with Ian Taylor, Long Realty to find the right home.
Determine your needs and create a wish list of desirable features.
Take notes as you preview homes using our house hunting checklist.
Make a purchase offer.
Ian Taylor, Long Realty presents your offer to the seller, who will then choose to accept, counter or reject the offer.
When the price is settled, you and the seller sign a Purchase Agreement, defining the terms of the sale.
Complete the loan application process.
If you have already obtained a mortgage preliminary approval, contact your lender and let them know you have a contract on a home. Your mortgage consultant will update your loan application and help you to proceed with the home financing process.
Have the home inspected.
If you choose to have a home inspection, hire a professional home inspector after the offer has been accepted to provide an in-depth look at the basic systems of the house, which can reveal any safety hazards and give you a chance to reconsider the deal.
The home will be appraised.
An appraisal, required by your mortgage lender, is a formal, written estimate of the home’s current market value.
Obtain title insurance. (where applicable).
Title insurance guarantees the property you are purchasing is free of liens or confusion in rights of ownership, and it also insures against any losses to the property that result from defects in the title or deed.
Close on the property.
A closing agent coordinates and distributes all the paperwork and funds.
Ownership of the property is transferred.
And you become the proud owner of your new home!
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Real Estate - Common Home Loan Questions
Do you need a down payment to get a loan?
How well does your credit need to be to get a mortgage?
What are closing costs?
Which are better, fixed-rate or adjustable-rate mortgages?
Is it better to get a 15-year loan or a 30-year loan?
What is the difference between pre-qualification and pre-approval?
What is an escrow account, and why is it necessary?
What is included in the mortgage payment?
Which type of mortgage should I choose?
Will my mortgage be sold to someone else?
Getting a mortgage is a significant part of the home-buying equation.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - September Housing Report
In the Oro Valley area, August 2019 active inventory was 182, a 31% decrease from August 2018. There were 85 closings
in August 2019, a 5% increase from August 2018. Year-to-date 2019 there were 689 closings, an 8% increase from
year-to-date 2018. Months of Inventory was 2.1, down from 3.2 in August 2018. Median price of sold homes was
$365,950 for the month of August 2019, up 15% from August 2018. The Oro Valley area had 82 new properties under
contract in August 2019, up 6% from August 2018.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Why Homeownership Makes People Happier
Most Americans have no regrets about buying a home. In fact, it’s made them happier, a new survey shows.
Ninety-three percent of Americans say they are happier after buying a home, and 83% would never go back to renting, according to Bank of America’s latest Homebuyer Insights Report, based on a survey of nearly 2,000 consumers. Most owners say they have an emotional attachment to their home, and ownership also has improved their lifestyle and variety of hobbies.
Eighty-eight percent of survey respondents say that buying a home is the best decision they’ve ever made. Seventy-nine percent say that owning a home has changed them for the better. Three out of four homeowners surveyed say they pursued new hobbies after buying a home, including:
Landscaping/gardening: 47%
Cooking/baking/grilling: 45%
Interior design/remodeling: 33%
Further, two-thirds of respondents say their relationships with family and loved ones has changed for the better since purchasing a home. They credited homeownership as improving their relationships in the following ways:
Given families a sense of pride: 47%
Allowed homeowners to entertain more: 49%
Enabled homeowners to bring the entire family under one roof: 24% 
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Questions To Ask Your Realtor When Home Shopping
If you're home shopping and you find a home that piques your interest, how do you know if it's a good house? Easy: ask your agent!
Why Is the Owner Selling And How Long Have They Lived There?
What is the Market Like in this Neighborhood?
What is this Property Worth?
Is the Seller Flexible on their Asking Price?
Are there any Seller's Disclosures?
How Often has the Property Been Sold?
How Long has the Property Been on the Market?
When Do the Sellers have to Move Out?
How much are the Property Tax and Utility Bills?
Is there Paperwork for the Mechanical Systems?
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Security When Selling
Selling a home may not seem like an inherently dangerous process, but the increased prevalence of damage, assault, property damage, and identity theft means the threat to your safety is very real. Balance out the scales and reduce your chances of experiencing a crime by taking a few added precautions.
Never Show Your Home Alone
Turn Away Drop-By Viewers
Provide Viewer Information to Friends, Family, and Agents
Be Wary of Unexpected Agents 
Secure Valuables, Medications, and Sensitive Information Before Showings
Skip a Combination Lockbox
De-Personalize Your Home
Install a Security System
Make Open Houses Big Events
Selling your home doesn’t have to put you at risk for a crime. With a few extra precautions, you and your family can remain safe during the entire process. So make sure to follow all of these security measures when selling your home.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Buying a Home 3 Myths Busted
Myth: Buy the worst house in the best neighborhood
In the most affluent neighborhoods, the worst house is actually likely to appreciate more slowly than the houses around it. In essence, not only is the myth not true, when it comes to the nicest neighborhoods, it’s the exact opposite of true. The worst house in the best neighborhood is the worst investment.
Myth: If you want a screaming deal, buy a foreclosure
Foreclosures frequently sell for less than other homes. When people are in financial crisis, chances are good that they aren’t keeping up with basic maintenance. In addition to issues of neglect, some homeowners facing foreclosure actually vandalize the home and take out copper piping, appliances and anything else they might be able to sell. Add to that the fact that banks don’t have the same disclosure obligations as traditional homeowners.
Myth: Real estate is a terrible investment
Over most long periods, stocks perform at almost twice the rate of residential real estate. But you can’t live in your stock portfolio. Buying a home probably means taking out a mortgage. Not only does that bring tax benefits, but it allows you to leverage your down payment to make a bigger investment. If you have $100,000 to invest in stocks, you can buy $100,000 worth of stock. But if you take that same $100,000 and invest it in a home at 20 percent down, you can buy $500,000 worth of real estate.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - We Buy Homes Scams?
Home sellers who choose to sell directly to an iBuyer often end up paying higher fees than if they sold the traditional way with a real estate agent.
iBuyers provide instant cash offers and quick closings. 
But how profitable is it for sellers who choose this expedited route to a sale? 
Researchers estimate that sellers end up paying between 13% to 15% more when working with iBuyers. The percentage reflects differences in traditional real estate agency fees, as well as an allowance iBuyers often request for repairs and an additional 3% to 5% to cover the iBuyer’s liquidity risks and carrying costs. Most iBuyers will inspect the home, assess a generous home repair allowance, and negotiate (an additional) credit to handle such repairs.
The report also notes that the iBuying model could make properties vulnerable to several financial risks, such as the use of automated valuation models that could inflate property values. Also, properties remain empty while in the possession of iBuyers, which could make the homes vulnerable to theft and other criminal activity.
For some sellers needing to move or requiring quick extraction of equity, make these services worthwhile,” “But what percentage of the market will want this service remains to be seen.”
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Top Seller Questions
How long will my home be on the market?
There’s no easy answer to this question. In Tucson, the current days-on-market average is 38 days, but your home could sell much faster or slower. Geography, local trends, the marketability and price of your home all play a role. Higher-priced homes take longer to sell, because the pool of qualified buyers is shallower. The more prep work you do before listing your home, the easier, and less disruptive, the “for sale” period will be.
And the more likely you’ll be to beat that time-on-market average. In this market, it isn’t unusual for a value-priced home to sell in a matter of days.
How will the right buyer find my home?
Your agent will take care of this! Finding the right buyer is the goal of everything your agent does. Networking with other agents, locally to globally, paired with a skillful use of a comprehensive set of marketing tools will give your property the most exposure to potential buyers. In today’s market that means a strong digital marketing strategy that lets buyers see your listing anytime, anywhere, on any device.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Does a Pool Add Value?
Questions that are often asked of real estate agents by homeowners who have pools include how much can be added to the sale price and can the costs of installing a pool be recouped in a property sale.
The answers are not what sellers want to hear. But they can be good news for buyers.
That’s because whilst homes can appreciate in value, pools do not. A pool is like a motor vehicle – once it has been used, its value starts depreciating, and a pool that is more than 10 years old would have almost no value at all in a real estate transaction.
The condition and quality of the pool fixtures and fittings that have been used also has a big impact on whether an older pool can hold its value. But the average quality pool in a suburban home is likely to depreciate at around the same rate as a motor vehicle – a large drop in value the first year, and then steadily decreasing until there is not much resale value left at the end of a decade.
A good rule of thumb is to work out what the cost of installing the pool represents as a percentage of the cost of building or buying the house. So, for example, if the cost of building the pool was 12 percent of the cost of building the house, then increase the selling price of the house by 6 percent.
Of course, comparable prices in the neighborhood still apply for a final sales price.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Smart Homes
More homes are being outfitted with smart-home technology—devices that enable remote control and monitoring of household systems. 
More than half of consumers say they find the internet of things “creepy,” and three-quarters say they distrust the way data is shared. However, only 28% of consumers say they would forgo purchasing smart devices due to security concerns.
Homeowners with high incomes and home values—as well as those under the age of 45—were found to be the most likely to place an importance on having smart-home features.
Adding smart-home devices—particularly devices geared to security and safety, entertainment, climate control, and lighting—led to greater satisfaction among renovating homeowners than those who opted for standard upgrades.
Devices that can be controlled from a smartphone or computer are particularly in high demand. Sixty-two percent of consumers say they want their smart-home devices to be able to communicate with each other. Products that can be wirelessly integrated into a seamless, centralized system are poised for more growth.
New home shoppers are readily adopting the devices. 80% of new-home shoppers included smart-home upgrades. They were most willing to pay more for smart thermostats and smart security devices.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Days on Market Important?
It is an especially critical number to take into account and the amount of time the home is posted on the MLS.
A home that has their days on market listed as one or two, means the place was just listed. 
If the home has 100 days on market, that means the seller has been trying to find a buyer for a long time.
So what days on market tells you is more than just how long the place has been for sale. It also provides insight into how the house has been perceived by buyers in general.
A buyer makes an offer on your home after being listed on the market for 48 hours. As a seller, you may not feel very desperate to cut a deal – after all, you just listed the place – and as such, you may be pretty rigid about the sale price. The buyer, meanwhile, will know that the house is new to the market, and will expect you to be pretty hard-lined about what you will and won’t accept. The offer you get will probably be fairly close to the list price.
In a second illustration, imagine that your home has been on the market for 60 days. Buyers will assume that you’ve had a lot of showings but not a lot of offers – and they may even assume you’re getting antsy to sell. Maybe even antsy enough to accept their offer, even if it’s fairly lower than anticipated. 
Both illustrate a simple point: It’s important to sell your home quickly. The longer it’s listed, the harder it’s going to be for you to get your price.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Top Seller Questions
Does my home need to look like it’s had a TV-style makeover, perfect in every way?
The better a home looks, the better it sells. Making certain repairs can help you find a buyer more quickly and negotiate the best price. But the prospect can be daunting, as some repairs and upgrades are much more important than others. Helping separate the “must-dos” from the “maybes” is one important service an agent provides. Staging is another. Properly staged homes often sell faster, and for more money. An experienced agent can help prepare your home for maximum appeal to buyers.
How do I set a price for my property?
It’s tempting to go online and ask a website what it thinks your home is worth. But online estimates are guesses, at best, based on similar sales in your area; they’re mathematical calculations. They don’t take into account the many variables that actually matter, such as the condition and appearance, upgrades you have made to your home (and other
properties near yours), nearby new construction, neighbors with issues, etc. Even the rise and fall of mortgage rates can affect the sale price of your home. Long Realty agents bring their knowledge, expertise, and tools right to your kitchen table, working with you to price your home so it sells on time—and without costing you the equity you’ve built.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Do I Need a Permit for That?
When undertaking a remodel or home improvement project, how do you know when you need a building permit from your city government?
Cities require permits to ensure that the changes on a home go on record. The changes also are reviewed by an inspector to ensure they’re up to code. For example, if you decide to rewire your electricity panel , exposed wires could represent a safety issue to you and your home.
When homeowners sell their home, buyers and lenders will want to know if any remodels they did complied with building codes. So the permit could salvage a sale too.
The general rule of thumb is that structural, electrical, plumbing, or mechanical work will require a permit.
A fence installation or repair, window installations, plumbing and electrical work, replacing the water heater or changes to the ventilation system, as well as gas and wood fireplaces all will likely require a permit for the work. Also, any additions or upgrades made to the home, typically of $5,000 or more, will likely require a permit.
On the flip side, permits likely won’t be needed for painting, installing floors or faucets, or landscaping work.
Permit requirements vary by city. Check with the local building department to be on the safe side.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Seller's Market?
What is a Seller's Market?
A seller’s market occurs when the months of inventory of homes available on the market falls below five or six months and there is greater demand in the market for homes than supply. 
Why is it a seller’s market?
Buyer competition 8.3% of home purchases in 2018 were by investors. A shortage of listings has meant available inventory of homes for sale has not kept up with demand. Builders face the dual headwinds of rising costs and shortages of materials and labor. As a result, new permits are only up slightly over the previous year. Another factor limiting inventory is many homeowners who bought in the first few years of the recession did so with low prices and interest rates. While their equity has increased, these homeowners are less likely
to sell their home and risk an increase in their monthly payments for their replacement home.
What does a seller’s market mean for you?
If you’re a buyer, you’ll need to be prepared in advance and move quickly when you find the right property to purchase. To improve your chances, get pre-approved with a lender, be ready to take quick action when you do find the home you want.
For sellers, a seller’s market can mean the opportunity to put your home on the market and sell it relatively quickly – if it is priced correctly and in good condition.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Paying Off Your Mortgage Early Pros and Cons
At first glance, the idea of paying off your mortgage sooner is a clear winner. However, financial management, retirement planning, and investments, in general, require careful planning to get right.
Pros
A significant financial burden is removed from your life.
You no longer have to weigh the cost of your mortgage against other investments.
You can put your money in less risky investments.
You can invest in higher-risk investments like stocks.
You free up cash flow for your household.
You can convert your equity to cash.
Cons
You lose liquidity.
You lose access to tax deductions on interest payments.
You could get a small knock to your credit score.
You cannot put the money towards other investments.
Whether or not it makes sense to pay off your mortgage early really boils down to each individuals financial and life circumstances. What may be right for one party may not make sense for another.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Paying Too Much for Your Home
When it comes to buying a home, it can be hard to determine if you're getting the best deal or getting ripped off entirely. However, in an age where online resources abound, the housing market is becoming even more transparent. Buyers can attest that you no longer need to depend on a seller or real estate agency to tell you if you're getting a fair price - that information can often be found via independent sources. Why, then, do people still overpay for their houses?
Here are the biggest signs you're overpaying on a home:
The listing price is drastically different from other comparable homes in the same or a similar neighborhood
The home has spent a long time on the market
The home has hidden maintenance or foundational problems you didn't know about
You might also overpay simply out of convenience
And now, how to avoid overpaying for a house:
Use online tools like Long Realty 3 Estimates to make sure you're getting the best deal
Pay attention to the neighborhood - this can include land value, the overall housing market of where you're moving to, land scarcity, and more
Make sure you have an appraisal contingency clause in your contract
Don't get into a high-priced bidding war for the sake of getting your "dream house"
A GOOD REALTOR Is a MUST
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - How the Fed’s interest rate decisions affect mortgage rates
If the Federal Reserve lowers rates, only some mortgage borrowers need to pay attention, including those with adjustable-rate loans. The majority of Americans, who have fixed-rate mortgages, won’t be affected.
If rates are lowered, here’s what happens for home shoppers and homeowners.
What will happen to long-term fixed mortgages
Would-be homebuyers interested in a fixed-rate mortgage or those who want to refinance should take advantage of today’s low interest rates. Fixed-rate mortgages aren’t expected to decline if the Fed lowers rates as they’re already largely priced into the current level of market rates. The best course of action for homebuyers is to decide whether they can afford the home they want based on their down payment and current mortgage rates. Today’s rates are low, so waiting for even lower rates can mean missing an opportunity-in-waiting.
Variable-rate loans will get cheaper
The winners, if the Fed lowers rates, are borrowers with variable-rate loans. The bigger the loan, the bigger the savings. So, home equity lines of credit and adjustable-rate mortgages will get less expensive if rates drop. Those with variable-rate mortgages may have to wait a while to see their payments fall. Such loans typically adjust annually on their anniversary dates. Some don’t adjust at all for the first two, three, five or even seven years.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Earnest Money
What Is an Earnest Money Deposit?
Earnest money is a deposit a homebuyer pays to a home's seller as a show of good faith. The amount you'll pay for earnest money varies, but typically it's 1% to 5% of the home's purchase price. 
The deposit isn't paid directly to the seller. Instead, it's held in an escrow account, usually with the seller's escrow company.
Once the home's purchase is finalized and the buyer and seller have agreed to any contingencies, the earnest money deposit is credited toward any closing costs associated with completing the sale.
Why Sellers Require Earnest Money?
Earnest money offers a measure of protection to the seller in case the contract falls through under circumstances not covered by a contingency. That money could be used to compensate the seller for any costs associated with a failed sale. 
Is Earnest Money Refundable?
While earnest money can protect the seller, it's also important to protect yourself as the buyer. That's where including contingencies in your home offer contract comes into play. Contingencies can allow you to get your earnest money deposit back if you end up not buying the home.
Some of the most common contingencies include:
Unable to get financing
Serious structural or repair issue
Property Title problems
Appraisal.
When Earnest Money Isn't Returnable?
Broadly speaking, that includes any situation not covered by contingencies, including change of mind or plans.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Buyers Top Regrets
The large majority of homeowners don’t envy their renter peers: Only 8% of homeowners wish they were renting. Still, homeowners do have some regrets:
36% Unexpected maintenance or repairs
27% Unable to move without selling first
25% Undesirable home finishes or layout
25% Too much yard/maintenance work
21% Size too small
19% Too high mortgage payments
19% Rushed buying decision or process
18% I don't like my neighbors
17% Paid too much for home
16% Interest rate too high
15% Too long of a commute
14% Undesirable location
13% The type of mortgage
11% Size too big
8% Buying instead of renting
Age plays a role, with 81% of younger homeowners (age 18 to 34) registering at least one regret, compared to 65% of homeowners older than 54. The biggest difference in regrets between those age groups is financial: 30% say their mortgage payment is too high, compared to 12% of older homeowners. Younger homeowners also are more than twice as likely as their older counterparts to say they regret rushing the process of buying a home: 29% compared to 12%.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Credit Score
A higher credit score typically means better interest rates and loan options, when getting a mortgage. The median credit score for mortgages taken out this year sits at 759. Any score between 700 and 749 is typically deemed good.
How to improve your credit score
Pay all of your bills on time and in full. Payment history makes up 35% of your FICO score, which is the most commonly used measure of creditworthiness. Setting your bills on auto-pay and keeping tabs on your payment due date for each account will help ensure that you routinely make on-time payments.
Pay attention to your credit utilization rate, which comprises 30% of your score. Experts recommend keeping it at 30% or less month to month. Credit utilization refers to the percentage of your total available credit that you are using at one time. If your credit card has a limit of $10,000 and you have a balance of $2,000, your credit utilization rate is 20%, for example.
Other ways to improve your score include keeping your oldest credit accounts open and making sure you're not over-applying for new lines of credit. The length of your credit history makes up 15% of your score, while the mix of credit inquiries you've recently made each comprise 10% of your score.
It's also smart to keep an eye on where you stand. You are allowed one free credit report per year from Equifax, Experian and TransUnion.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Real Estate - Buyer Questions
Before making an offer on a house, you want to be absolutely sure that it's "the one." But with so many options out there, how do you find your perfect match?
Finding the right home involves research, so you'll need to ask the right questions. That way you know you're making a competitive offer on a home that you can afford -- and meets your long-term needs.
To weed out the duds from the diamonds, here are questions to ask when buying a house.
What's my total budget?
Is the home in a flood zone or prone to other natural disasters?
Why is the seller leaving?
What's included in the sale?
Were there any additions or major renovations?
How old is the roof?
How old are the appliances and major systems?
How long has the house been on the market?
How much have homes sold for in the neighborhood?
Are there any health or safety hazards?
What’s the history of past insurance claims?
What are the neighbors like?
How is the neighborhood?
Are there any problems with the house?
How much will I pay in closing costs?
Adequate responses to these questions plus maybe more research should ensure you are making the correct buying decision.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Reverse Mortgages
The equity of homeowners ages 62 and older has reached an all-time high. Seniors saw their housing wealth grow by 2.7% or $104 billion in the first quarter of this year, reaching a $7.14 trillion record.
The increase in elderly homeowners’ wealth was mostly attributed to an estimated 2.4%, or $110 billion, increase in senior home values.
As older owners find greater equity, they’re starting to rely on it to help fund retirement, according to NRMLA.
Reverse mortgages have become an essential component for addressing a huge problem for many Americans—funding retirement. More than 1.12 million families have used a reverse mortgage alongside side their 401(k)s, IRAs, savings, investments, Social Security, Medicare, and Medicaid to cover life’s daily expenses, so they could live more financially secure lives. As with all major financial decisions, a reverse mortgage should be part of an overall strategic plan, with input from knowledgeable professionals, and family members who may be impacted.
Reverse mortgages are available to homeowners ages 62 and older who have significant home equity. These mortgages allow owners to borrow against the equity in their home without having to make monthly principal or interest payments. The outstanding balance is not due until the last borrower leaves the home, sells, or passes away. 
Homeowners are encouraged to talk to with financial planners to evaluate the risks of these loans.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Pre Listing Home Inspection
Pros
Better marketing, promoting the good about your home and building trust with the buyers.
Valuable improvement advice
Helps sellers prioritize which improvements and upgrades to complete before listing and what to use as selling points.
More negotiating power
When you already know the issues that are going to come up during the buyer’s inspection, you can price accordingly, which will give you stronger negotiating power.
Time saved
With all the information about your home (good and bad) already out in the open, you won’t have to worry about a lot of renegotiating once the buyer does their inspection.
You’ll attract serious buyers
If a buyer is already informed about what’s in your pre-inspection and wants to move forward with the purchase anyway, it’s a good sign that they’re a serious buyer.
Opportunity to oversee the repair
If you can complete the repairs before listing, you have control over the contractor you use (and the budget), or you can even DIY the smaller projects. 
Cons
It may not be worthwhile to get a pre-inspection if your home is relatively new, you’ve made updates recently or you already know there are issues and you don’t have the money to make repairs before listing.
FYI
Buyers know that maintenance and repairs are just part of owning a home. So anything that you can point out as recently repaired or upgraded can be very attractive to buyers.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Moving. Should I Sell My Home or Rent It Out?
There are many ways you could end up with two properties on your hands — maybe you’re buying a new family home and leaving an old one behind, maybe two households are combining, or perhaps you inherited a property. Whatever the reason, it’s important to decide what you’re going to do with the property you won’t be living in: Do you want to rent or sell your home?
Why rent out your home?
The move is temporary
Home values are increasing
You can’t afford to sell
There’s a strong rental market
Property management is attainable
Why sell a your home?
The move is permanent
You have equity tied up in the home
It’s a hot sellers market
You’re not interested in being a landlord
What are the taxes due on a home?
Property taxes
Tax implications on rental homes
Capital gains taxes
Consult with your tax accountant
Selling or renting your home if it needs repairs
In general, the condition of the home matters less to potential renters than buyers. So, if the home could use some work, it might make more sense to rent the property than make all the upgrades necessary to sell.
Big-ticket items: Regardless of whether you rent or sell your home, you’ll want to address issues with your home’s major systems, like the roof, furnace, water heater, and electrical panel.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Can't Get a Loan?
There are common reasons why buyers are not able to qualify for a mortgage. 
Poor Credit Score
Your credit score, to a great extent, determines whether you will qualify for a loan or not. It also determines the interest rates and the mortgage insurance rate on a loan.
Not Enough Down Payment
Most home buyers fail to secure a mortgage because their lender requires a certain percentage as down payment plus reserves, and they have not saved enough. 
Too Much Debt
A lender will analyze how much debt you have, and how much of your income remains after you settle these debts. Your debt to income ratio is just as important as your credit score.
Lack of an Employment History
To showcase your employment history, you will have to provide a letter from your place of work as well as salary details for the period you’ve been employed. Lenders want to know whether you are capable of holding down a job for an extended period.
Unreliable Income Sources
This may occur more often with self-employed borrowers. If you fail to secure a loan because your income source is unreliable, you should talk to your mortgage broker on the best steps to follow. A simple letter with a good explanation of your sources of income can get you through the door.
As a buyer, it is important to understand these reasons so that you can know how to overcome them.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Buying a Home Myths
Your down payment is 20% of the cost
FHA 3.5% down, Conventional 3%-5% down, VA as little as zero down. 
Your credit must be perfect to buy a home.
Lenders don’t require your score to be more than 700. Most require a median FICO® Score at least 620 while FHA loans require roughly 580.
Now is a bad time to buy.
Generally competition is highest in the spring and lowest in the fall. Other peaks and valleys can be pinpointed only after the fact, so this shouldn’t factor nearly as much into your decision as your own personal and financial situation.
You should buy a home for the maximum you qualify for.
How much you qualify for should not be confused with a personal budget. It’s up to you and your financial adviser to determine a comfortable amount rather than the largest amount.
It’s cheaper to buy a fixer-upper.
It can make financial sense if the deal is right or you’re going to be doing the work yourself, but more often than not, the cost of renovation will outweigh the savings. It also takes a great deal of time, transactions, permits and likely headaches.
You don’t need a real estate agent.
A good real estate agent can help you stay in your budget and assist you in making the right offer and more.
Don’t settle for less than your dream home.
You might not be able to afford everything, but you can prioritize what is most important and find something wonderful that fits most of your needs and wants.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Home Insurance High, Reasons Why
Want a better understanding of what drives up your insurance costs? Here are 6 features that commonly affect homeowners insurance rates.
Build and Age
In general, the older the home and the worse its condition, the higher the insurance premiums will be.
Location
The riskier your home’s location, the more expensive it will be to insure your abode. For instance, those living in areas of the country prone to floods.
Home Safety
Do you live in a neighborhood where crime rates are considerably higher than average? Installing a home security system, new locks and surveillance cameras could all help reduce your homeowners insurance costs.
Condition of the Roof
Replacing a roof can cost up to $25,000 or more, depending on the materials and size of the home. In addition, a roof that isn’t structurally sound is less likely to provide adequate insulation and therefore higher energy bills. 
Pools and hot tubs
They carry serious risks to homeowners and anyone else swimming in these backyard features. To protect themselves pool owners will need to purchase additional liability insurance. Preventative measures, such as adding perimeter fences around the pool and/or alarms on the doors, may help keep liability protection costs low.
Trampolines
Trampolines are found in thousands of backyards all over the country. Despite their popularity, though, this recreational feature means high insurance Consult your insurer for additional help.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Offer and Acceptance
Elements of the offer
When you make an offer you are telling the seller not just what you’re willing to pay, but how you’re going to do it. You’re also going to put an expiration date on your offer and give yourself an escape route if you find out something about the house that the seller won’t fix.
Set your price
Your agent should do a comparative market analysis, looking at what similar homes have sold for and helping you reach a price. 
Explain yourself
Via your agent, let them know how you reached your offer price. Always a nice touch.
Timing
In a good market, you want a short window for the seller to consider your offer to prevent someone else from sneaking in another offer and getting the house. 
Money
A pre-approval letter can help give the seller confidence to accept your offer. You’ll write an earnest money check which shows the seller that you are serious. It can range from 1 to 2 percent or more.
Presentation
Once you’ve completed the offer, your agent presents the offer. 
Waiting
You’ll hear from your agent, not directly from the seller. The seller will have either accepted your offer as-is, rejected it outright or made a counter-offer. 
An escape route
Assuming your offer is accepted, the most common are inspection, disclosure and financing contingencies. Remove all contingencies and the home is yours.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Risks of Co-Signing on a Mortgage
Young adults with low incomes or poor credit histories may ask their parents to co-sign on their mortgage—and it’s a growing trend. 
But there are risks to being a co-signer. Whoever is co-signing has to bring substantial income because they have to be able to afford the new payments on top of all of their other debt. You’re adding up both borrowers’ debt, and you’re adding up incomes. It’s all-encompassing.
Also, it’s the co-signers who are taking on the brunt of the risk because they are responsible for the payments if the person they’re co-signing for can’t afford them. They’re both equally responsible. Therefore, the co-signer’s credit and their ability to borrow on their own can then be impacted if the borrower misses a payment.
For those willing to take on the risk, co-signing offers a path to homeownership for some.
Alternatives to cosigning a mortgage
Down payment help. If you don’t want to cosign a mortgage, then you can help your kids with down payment or closing cost assistance. 
Buy the home yourself. Some parents buy the homes themselves, and then rent out the home to their adult children. Once the child has gained enough credit or down payment money, they can buy the home from the parents.
Give a family loan. If you have enough cash to buy the house, then do so and set up a loan directly with your adult child.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Mistakes When Selling Your Home
Selling your home—especially if you've never done it before—can be surprisingly time-consuming and emotionally challenging. 
Find out how you can get the highest possible price for your home within a reasonable timeframe, without losing your mind. 
Being Emotionally Involved
Not Hiring an Agent
Minimizing What Agents Do 
Setting an Unrealistic Price 
Expecting the Asking Price 
Selling During The Wrong Months
Skimping on Listing Photos 
Not Carrying Proper Insurance 
Hiding Major Problems 
Not Preparing for the Sale 
Not Accommodating Buyers 
Selling to Unqualified Buyers 
The Bottom Line 
Even if you make none of these mistakes when selling your home, it's best to prepare mentally and financially for less-than-ideal scenarios. The house may sit on the market for far longer than you expect, especially in a declining market. If you can't find a buyer in time, you may end up trying to pay two mortgages, having to rent your home out until you can find a buyer, or in dire situations, in foreclosure. However, if you avoid the costly mistakes listed here, you'll be a long way toward putting your best foot forward and achieving that seamless, lucrative sale every home seller hopes for. 
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Rent v Buy
We believe it’s time to review the benefits of renting vs buying, compare the data we have and see what will be the best option for you and your family in the long run.
Renting A Home Pros
You Can Move To Another Neighborhood Anytime
Live In The Area You Cannot Afford To Own A House In
Maintenance And Repairs Are On The Landlord
Renting a Home Cons
No Return On Investment
You Should Follow The Lease Agreement And Landlord’s Rules
You Cannot Change Anything Without The Homeowner Approval
Buying A Home Pros
Building Your Equity
Getting Tax Benefits
Monthly Mortgage Payments May Be Lower Than Rental Ones
Improve Your Home In Any Way You Want
Buying A Home Cons
You’re Stuck With The Same House
Paying The Property Taxes
Paying For Home Repairs And Maintenance
So Should I Buy Or Should I Rent?
Buyers… Renters… It doesn’t matter what side you’re on, you’ll prosper in Tucson and Oro Valley, AZ via a latest survey from Rentberry.
As you all understand, these are not the only things that you should think of while dedicating yourself to buying or renting. There is always a great Buy-Rent calculator online that should help you decide what side are you on. You simply put in the requested information and the algorithm will calculate the input numbers and give you a definitive answer on what suits best for you.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Space Age Living
During the summer months in Arizona, the thermostat holds court, and he who controls the temperature is King or Queen. There is a balance between keeping cool and also keeping your electric bill as low as possible. Thermostat systems such as the Nest and Ecobee help regulate indoor temperatures. The Ecobee allows users to place sensors in multiple rooms throughout the home, so optimal comfort is delivered to where you spend the most amount of time. Smart thermostats also adjust to when you are home or away, saving on energy costs without you having to adjust your dial continuously.
Now that your thermostat is working for you, it's time to add some smart tech to your front door. No more searching around for keys, smart locks can unlock upon your arrival and lock automatically when you leave. The August Smart Lock Pro allows the homeowner to grant keyless access to guests and track who is coming and going from your residence. While a good lock is a smart first step smart doorbells, such as the Nest Hello, alerts homeowners when an individual is at your front door even if that visitor doesn't ring the bell. For 360-degree outdoor protection, the Nest Cam IQ surveillance camera can detect individuals up to 50 feet away and will send the homeowner an alert to their phone, with an attached photo, of anyone peeking around your property. Now that your safety is secured, its time your home feels warm and inviting. One of the best ways to create this feeling is through lighting. The Philips Hue light bulbs allow the homeowner to control the lighting ambiance through their mobile app. The user can infuse the room with an energizing glow of light, or set it to a relaxing mode, that brings in a softer fill and allowing you to wind down for the evening.
Setting up all these new devices may seem daunting, but once installed your smart home should make some day-to-day obstacles a little less invasive, and home security measures should help you rest easier; but for a great night's sleep the Sleep Number Smart Bed automatically adjusts firmness, comfort, and support to keep you relaxed. The system also can pre-warm your feet to help reduce the amount of time it takes for you to drift off into your dreams.
While we may not be living in the clouds just yet, and the availability of options seems endless try and select one or two that may make the most significant impact on your life, and make it just a little bit easier.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Real Estate - Bidding Wars for a Buyer
For sellers, getting multiple offers on a house is a dream.
But for buyers who have fallen in love with a particular property, hearing that their offer is one of many can be frustrating.
So what happens when multiple offers come in and, most importantly, what are the chances of your offer rising to the top?
When there are multiple offers on the table in a real estate transaction, the seller is in the driver's seat.
The seller can accept an offer outright, counter all offers, or choose to counter some of the offers and not others.
And price is not the only factor sellers weigh when they look at offers. The buyer's terms and contingencies are also taken into account, as well as pre-approval letters, appraisal requirements, and the closing time the buyer is asking for.
You may get only one shot to express your interest in a home, so if you truly love it, your first offer should be the upper limit of your budget.
Most sellers will ask the buyers who made original offers for their highest and best offer by a particular time or date. That gives you time to up your offer if you really want the property.
If you do find yourself falling hard for a house, consider writing a personal offer letter directly to the sellers. Heartfelt letters may win the day. 
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Build Equity Fast
Equity is the market value of your home, minus your outstanding mortgage debt. So, for example, if you can sell your home for $450,000 and you still owe $100,000, you have $350,000 in equity. Building equity is one the biggest financial benefits of ownership.
If you live in a market where home values are rising, yours may float up with the rising tide and your equity will increase without doing a thing.
Or you can work on growing your home’s value by decreasing the amount you owe and/or increasing the value of your property. Here are some ways to do both.
Mortgage payments
If you pay down the principal faster, your equity should increase faster. This can be done a few different ways.
Paying more: If you have a 30-year mortgage, adding more to your payment can help you gain equity. Make sure your lender applies it to your principal. 
Paying faster: Bi-weekly payments. So instead of 12 payments a year, you make the equivalent of 13, paying down your mortgage faster and gaining more equity.
Renovate wisely
Making smart improvements and adding the right amenities to your home can also increase its market value, which means more equity for you.
There are home improvements buyers typically love: bathrooms, kitchen updates, fixtures and flooring. 
Be mindful of the market as you’re thinking about how much to invest.
The realities of a buyers or sellers market will have an impact on how much return you’ll get when you sell.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - When to Reduce the Price?
Every home seller expects their house to sell quickly. But what do you do if those offers don’t come?
The longer a home is on the market, the lower your odds are of selling it for close to or at list price.
So is it the right time for you to consider a price adjustment? 
Consider these factors:
Indicators your home needs a price adjustment
Nearby comps are priced lower
You’re not receiving offers
You’re having few showings
Your home appraised low if you had one upfront
Marketing steps to take before a price reduction:
Load up the photos and videos
Ensure your online listing is complete
Make sure your home is listed in multiple places
Post signage in prominent locations
Address buyer feedback
Price reduction strategies
Act fast
Be realistic
See what other sellers are doing
Reduce the price, but make it significant
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Moving Problems
Problems can occur at every stage of the relocation process, but the most common moving nightmares fall into three categories. Here’s how they typically play out — and how to avoid them.
Bad movers
The movers are late or don’t show up at all. 
The movers are careless or inexperienced.
The movers are scam artists.
The good news is that there is an easy way to avoid such nightmares. All you need to do is carefully research your movers before hiring them to make sure you are dealing with licensed and experienced professionals you can trust. It’s also a good idea to purchase appropriate insurance for your belongings, just in case.
Traffic problems
Traffic jams.
Traffic accidents.
Breakdown.
Parking issues. 
Of course, there’s nothing you can do to prevent traffic accidents or breakdowns. But you can at least reserve a parking place directly in front of your old and new homes, and choose a moving company that has experienced drivers and several moving vehicles in good condition.
Poor organization
Packing chaos.
Furniture troubles.
Paperwork problems.
Overspending.
Safety issues.
The only way to avoid problems when moving house is to plan each phase of your relocation adventure in meticulous detail and stay one step ahead all the time. Otherwise, you may find yourself facing any of these all-too-common moving ordeals.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Vacation Home v Rental Property
Vacation homes and rental properties are financed differently.
A vacation home is typically defined as a secondary residence at least 50 miles away from your primary residence. If you do plan to rent out your vacation home, it’ll be classified as a rental property, which has different rules than a vacation home or primary residence, as we’ll discuss below.
Compared to loans for primary residences, loans for vacation homes typically have slightly higher interest rates, and lenders may require a higher credit score as well as a larger down payment. For example, a primary residence allows for down payments as low as 3% for conventional loans. But for a vacation home, you may need 10 – 20%. With these types of loans, it’s also important to remember that renting your vacation getaway while you’re not using it might violate the terms of your loan.
With a rental property, you’ll likely pay a higher interest rate than those for primary residences and vacation homes. And need to put at least 20% down, since it can be a challenge to get mortgage insurance on rental properties. But the good news is that your lender will consider a portion of the anticipated rent as income, which could help you qualify for a loan that you otherwise wouldn’t without that added income. And of course you’ll be able to offset your costs with the regular rental income.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Submitting an Offer
Once we’ve found the right property, the next step is to make an offer to the seller. Here are a few things to consider and some ways I can help.
I will gather all the information available to help you make a good decision on price, including:
Comparative properties that have recently closed in the area
Current market conditions for the area
Current lending conditions
Automated Home Value estimates
I will help you with the things you might not think much about, like:
Items of personal property you want included
Warranty, inspections, repairs or other home enhancements by the seller
Closing date and possession
I will present your offer:
The seller will have three choices: accept your offer as it is presented; reject it completely or propose adjustments to your offer (make counteroffer)
Between your good decision making, and my knowledge of the process, putting the right home into escrow will be a sure-thing.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Pre-Approved v Pre-Qualified
A pre-approval letter from your lender can be an effective tool to help increase your negotiating power.
Real estate agents, builders and property sellers tend to take pre-approved buyers more seriously. You are able to negotiate with more confidence and in competitive offer situations, a true pre-approval may be the deciding factor to landing your dream home.
Pre-approved
A full mortgage application has been completed with a Mortgage Loan Officer.
There has been a through review and analysis of client's credit report.
In most cases, clients have provided income and asset documentation to the Mortgage Loan Officer for evaluation.
A maximum loan amount can be defined and mortgage products can be identified to align with a client's financial goals.
Pre-qualified
In general, a full mortgage application has not been completed.
A credit report may or may not have been reviewed.
All information about income and assets is provided verbally.
The maximum loan amount defined is an estimate and it may be difficult to determine without thorough document review.
Please note A Pre-approval is not a commitment to lend. Changes in credit or financial status during the process could affect qualifying. Your Mortgage Loan Officer will guide you.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Why Use Mobile App
My mobile app attracts more buyers.
Among the 72% who used a mobile or tablet in the home buying process, nearly six in 10 recent home buyers found the home they ultimately purchased on that device.
Easy Home Searching Updated Every 15 Minutes
Calculate Your Monthly Payment With Current Rates
Additional Features Include:
Customize your search of active listings, pending sales and recently sold properties across Arizona.
Search homes within a desired commute time to important locations.
Display Neighborhood Lifestyle Points of Interest.
HomeScan for viewing nearby homes with the live camera view on your device.
Commute Time Search, Home Scan, Updated Every 15 minutes Directly from MLS and Includes Active, Pending and Sold Properties from MLS-SERVICES Not Available on all Zillow, Trulia and Realtor.com Apps.
Download my mobile app at: www.longrealtyapp.com/iantaylor    
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Escrow v Title
What does Escrow do?
Escrow is your main point of contact-they are the hub of the transaction bringing together agents, sellers, buyers, lenders, title and all the vendors
When your clients place the escrow company in the contract, you will open escrow by submitting your contract and earnest money to the escrow office named, and they will then open the order with Title
The Escrow Officer has the responsibility to remain as neutral as possible in a real estate transaction
Escrow should keep you informed as to what is happening in your transaction
Escrow handles payoffs of liens, taxes and insurance, prepare some documents, obtain signatures, coordinate services, disburse funds, prepare escrow instructions (when needed) and provide technical assistance
What does Title do?
Title is responsible for researching the public record, finding out what affects the properties, and in many ways maintaining the public records
Title issues a Title Commitment to buyers and lenders setting forth what needs to be taken care (Requirements) and what matters will remain against the title (Exceptions).
Buyers have 5 days to review and disapprove of any matters.
Title works with escrow and assist with any title matters on the Commitment needing to be addressed
Upon completion of the transaction (Recording) we issue a Title Policy to the buyer or lender
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Long Realty Cares
Offering the promise of hope to those who need shelter, sustenance and comfort, and the commitment to serve the needs of the communities in which we work and live.
With the history of Long Realty Company including a long standing and proven commitment to support charitable organizations, Long Realty Cares Foundation was established in 2002 to expand philanthropic activities, providing a venue for individuals and our company to collectively enhance the quality of life in Arizona. Nearly 3 million dollars in support has been donated to over 200 different non-profit organizations in the communities where we live and work.
The true spirit of generosity comes from the many sales associates who voluntarily donate a portion of their commission from each real estate transaction and Long Companies employees who personally contribute to the Foundation. Many of our sales associates and employees go even further in their efforts to effect positive change; they make a commitment to serve local charitable organizations in a volunteer capacity. This level of dedication adds a unique dimension for all of us associated with the Long Companies as we treasure our connection to community.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Insurance Problems
Flood Insurance
My homeowner’s insurance covers me... right? Don’t count on it. Flood protection is one of the primary exclusions on a homeowner’s policy. Even though you live in the desert, floods still pose a serious threat with monsoons and winter storms.
Vacant Homes
Are losses to your home covered if your home is vacant? Not Likely. Most homeowner’s policies contain exclusionary language for losses that occur when a home is deemed vacant. A vacant home is more susceptible to a loss because no one is there to prevent or mitigate it. Common losses to vacant homes include Burst Pipes Broken Windows and Vandalism.
If you take some specific actions (e.g. leave personal property in the home, check on or have someone check on the home at regular intervals), your carrier may determine that your home is not vacant as defined in their policy.
Market Value or Replacement Cost
Why should I insure my home for more than the purchase price?
Consider this client’s experience:
Purchased home in March 2009
Purchase price was $125,000
Homeowner insured the home at the estimated replacement cost of $274,000
One year later, their home burned to the ground.
Actual cost to replace the home totaled $261,000
Insured at Market Value, Insurance only covers up to $125,000
Insured at Replacement Cost, Insurance covers $261,000, all costs covered!
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Life of an Escrow
OPENING THE ESCROW
With Purchase Contract, Earnest money check, New lender information, Existing loan payoff, Copy of listing.
PROCESSING THE ESCROW
Deposit earnest money check, Order Preliminary Title Report, Requests payoff, Hoa information, etc.
TITLE EXAMINATION
Preliminary Title Report is sent to the Escrow Office, Lender, Agents, Sellers & Buyers.
ESCROW CLOSING PREPARATION
Escrow follow-ups on receipt of the following if needed:
Termite Report - Buyer’s Hazard Insurance - Home Protection Plan - New Loan Package - Payoff Information - Repair Bills - Warranties.
Time for closing - loan documents are received and Escrow Officer advises agents of funds that are needed for closing.
Closing appointment times are set for Seller and Buyer with Escrow Office.
Advise all parties executing document to bring a valid government issues picture, i.e. license, passport, etc.
Advise Buyer to bring in a cashier’s check or wired funds for closing.
Advise Seller that they shall supply escrow with their social security number.
EXECUTION OF DOCUMENTS
Buyer & Seller meet with Escrow Office and executes all documents. Escrow returns loan packages to lender for funding.
RECORDATION
After escrow received all funds needed, original documents are sent to the Recording Desk for recordation.
Once documents are recorded, escrow notifies Agents.
DISBURSEMENT OF FUNDS
All Disbursements are made in accordance with the Settlement Statement.
Congratulations.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Getting a Loan
Items your home mortgage consultant may request to process your loan
Pay Stubs:
Most recent pay stub for each applicant
Tax Information:
W2's for the past 2 years for salaried and hourly income
Complete Federal tax returns for the past 2 years (including W2s, 1099s and all schedules) for commissioned, bonus or 1099 income
Self employed: the above plus corporate or partnership returns including K-1s for the past 2 years and a year-to-date profit and loss statement
Assets:
Your most recent two statements (at minimum) for all accounts (all pages). If you do not have these, you will need to contact your bank(s) and ask for a printout with signature, title and date from the person completing the printouts for you
If you receive quarterly statements, please provide the most recent. If there are any large (other than payroll) deposits on any statements, please bring documentation on the source of funds for the deposits
Divorce:
All pages of your final, recorded divorce decree
Child Support:
If you would like to use child support payments for qualifying, we will need your divorce decree or the court order indicating amount of support you are to receive (proof of receipt is required)
What To Do After You Have A Signed Purchase Agreement:
Call your Home Mortgage Consultant about locking in an interest rate, signing a lock-in agreement and obtaining a new Loan Estimate
Contact an insurance agent and arrange to have your insurance in place.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Common Ways to Take Title
Community Property with Right of Survivorship -requires a legal marriage between the two owners. Each owner has an one half interest in the property. Spouses cannot sell their interest, and both signatures are required when selling or transferring ownership. Upon death, the deceased owner cannot will their half share of the community property away from their spouse, it passes to the spouse.
Community Property-requires a legal marriage between the two owners. Spouses cannot sell their interest, and both signatures are required when selling or transferring ownership. Upon death, the deceased owner can will their half share of the community property, away from their spouse.
Joint Tenancy with Right of Survivorship-owners need not be married, and there can be multiple parties. Each party holds an equal interest in the property. One owner can sell their share of the property. All owners must sign if the entire property is to be sold or encumbered. On the death of one party, the deceased owner's share is passed to the remaining owners.
Tenancy in Common-owners need not be married, and there can be multiple parties. Each owner holds a fractional interest in the property. Each owner can transfer or sell their ownership to another party. All owners must sign if the entire property is to be sold. Upon death of one owner, the decease's share passes to his or her heirs. 
Consult your attorney for additional help.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Anti-Fraud Alert
Electronic communications such as email, text messages and social media messaging, are neither secure nor confidential. 
Even the best security protections can still be bypassed by unauthorized parties.
BE AWARE: EMAILS ATTEMPTING TO INDUCE FRAUDULENT WIRE TRANSFERS ARE COMMON AND MAY APPEAR TO COME FROM A TRUSTED SOURCE.
The risk factor is huge when you are talking about a down payment or full payment of a real estate purchase. 
To avoid becoming a victim:
YOU SHOULD NEVER TRANSMIT NONPUBLIC PERSONAL INFORMATION, SUCH AS CREDIT OR DEBIT CARD NUMBERS OR BANK ACCOUNT OR ROUTING NUMBERS, BY EMAIL OR OTHER UNSECURED ELECTRONIC COMMUNICATION.
If you receive any electronic communication directing you to transfer funds or provide nonpublic personal information, EVEN IF THAT ELECTRONIC COMMUNICATION APPEARS TO BE FROM A TRUSTED SOURCE,, do not respond to it and immediately contact your Real Estate Agent. 
Such requests, even if they may otherwise appear to be from the Known Source, are likely part of a scheme to defraud you by stealing funds from you or using your identity to commit a crime.
Remember: Long Realty Company will never send you any electronic communication with instructions to transfer funds or provide financial account numbers or other nonpublic personal information.
Please assist us in our anti-fraud prevention efforts and do not let your guard down. Thank you!
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Smooth and Easy Transactions
Our affiliated businesses create a streamlined Mortgage, Title and Insurance experience
for the buyer. Together, we have a vested interest in making your home selling process streamlined and successful, to ensure a positive closing.
Long Mortgage 
Suggest the buyer get a 2nd opinion from Long Mortgage Company to feel secure that they qualify for the home loan and maybe help them save a few dollars too. This creates extra peace of mind for you.
Long Title
Receive a complementary, upfront Title Commitment to ensure a fast and easy process for the buyer. Also, this shows what you need to pay off to transfer title.
Long Insurance
Offer the buyers a home owner’s insurance quote during the inspection period to help guarantee that they are able to qualify for your home.
---------------------------------------------------------------------------------------------------------------------------Oro Valley Homes for Sale - Determining your needs
There are many things to consider when buying a home, whether it is lifestyle, schools, community, convenience to job, shopping or highways. Determining what your needs and wants are is as big a decision as the cost of the home. I can help answer all your questions.
As you begin your search consider these types of questions, all of them will be personal to you and there is no right answer, but there is just right for you:
What are the 10 most important things you would like in a house (consider pool, garage, air conditioning, age of home, type of construction, size of lot, acreage, fireplace, number of.bedrooms, baths, etc) Make sure you put them in order of importance – you may not find all 10 things in one house, but you may find the top 5!
Also of importance is an understanding of the local market conditions. I will be able to supply you with an in-depth analysis of the current trends in real estate for the types of homes and area you are looking in. 
What are you looking for in a neighborhood/community – neighborhoods and communities offer many different things to different people. Consider your current family needs as well as look into the future. Do you or will you need public transportation? Are the quality of schools right for you and your family? Is it near a college campus? Is shopping convenient? Are their any parks in the area? Is there a Homeowners Association.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - The Value of An Open House
Holding an open house can be a great way to bring attention to your property. Almost half of all buyers use open houses as an information source in their home search. 
We make Open Houses an event. Between our exposure on social media, numerous websites, and print advertising in the newspaper, our open houses are second to none, and are designed to attract big attention to your listing. I have access to a wide variety of advertising programs to promote your open house and the most recognizable open house signs around!
You will have a wide variety of people stopping by to learn more about your property, including your neighbors (remember, they may have friends and family who are in the market to buy a home too!) Here are some tips to a successful open house:
Have the house neat and tidy - free of clutter.
Have ample parking available for visitors. 
Turn on the lights and open the window coverings.
Refreshments are always a nice touch - especially in the heat of summer! 
Keep your home at a comfortable temperature.
Price your property right for your neighborhood and the market. 
Plan a good time to get maximum traffic.
I will utilize this network by sharing information on your home and open house for agents with buyers looking for just the right place to call home.
Open Houses are a Valuable Marketing Tool.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Fixed or Adjustable Rate Loans
Fixed and adjustable-rate mortgages are two of the most popular loan types for buying a home.
Fixed-rate mortgage
Your interest rate and monthly principal and interest payments remain the same for the life of your loan
Available in a variety of loan term options
Predictable monthly payments allow you to budget more easily
Protection from rising interest rates for the life of the loan, no matter how high interest rates go
May be a good choice if you plan to stay in your home for a long time
The overall interest you pay is higher on a longer-term loan than on a shorter-term loan
On a shorter-term loan, the monthly P&I payment is typically higher than on a longer-term loan
Adjustable-rate mortgage
Your interest rate and monthly principal and interest payments remain the same for an initial period of 3, 5, 7, or 10 years, then adjust annually
Includes an interest rate cap that limits how high your interest rate can go
Typically ARMs have a lower initial interest rate than on a fixed-rate mortgage
The interest rate cap limits the maximum amount your payment may increase at each interest rate adjustment and over the life of the loan
May provide flexibility if you expect future income growth or if you plan to move or refinance within a few years
Monthly principal and interest payments may increase when the interest rate adjusts
Your monthly principal and interest payments may change every year after the initial fixed period.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Homes Priced Right
The majority of showings occur when a house is first placed on the market. So, it's important to position your home at the best price during its first market exposure.
Oro Valley Properties Priced Right:
Increase showings
Bring more interested buyers
Creates ease in appraisal process
Keeps the prime market momentum...the first 30 days
Sends a message to buyers about your motivation to sell
The Value of Your Oro Valley Home is Not Affected by:
The amount of cash you need from your sale
Your investment in improvements
What other real estate agents say it is worth
Your original cost
What an appraiser said your home was worth
What the home you are purchasing costs
Over-Priced Oro Valley Properties:
Help sell the competition
Reduce showings
Attract lookers
Lose buyers unwilling to negotiate
Can cause appraisal problems
Lose the prime market momentum... the first 30 days
Send a message to buyers about your motivation (creating even lower offers)
Net the seller less
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Talk to Me
Will mortgage rates go up?
What would my monthly payment be on a $190,000 house?
What neighborhoods should i be considering?
Is the market better for buyers or sellers right now?
How's the market for homes under $300,000?
We need more space. Is it a good time to sell?
How much down payment do i need to buy?
Guys, i'm thinking of buying my first home. What do i do?
If i buy now, will homes go up in value?
Is it cheaper to buy than rent right now? I would really like to buy if i can. Let's find out.
Who should i call to have work done on my house?
You have questions. I have the answers.
I am here to walk you or anyone that you may know through the real estate process, even if you just need a few questions answered.
Please contact me or visit my website. 
Remember, I’m never too busy for your referrals and I’d love to hear from you.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Buying a House Across the Country or Selling a Home Abroad?
I am Local. I am Global. World Class Introductions.
Local Expertise Matched By Global Reach
Did you know I can help you or your family and friends move anywhere in the world?
If you have a need, or know someone who does, I’m here to help!
Through my affiliation with Leading Real Estate Companies of the World, I am connected to the very best firms and most talented professionals in 65 countries.
Let me make an introduction so you can be assured of a quality experience backed by truly local expertise
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Property Alerts for Sellers and Buyers
Sellers: Within minutes of going on the market every interested buyer will be notified about your home.
In addition, I will reach out directly to other agents who have clients registered for alerts on homes like yours.
I will immediately send an email notification to every buyer that has registered with me and Long Realty for alerts on homes like yours.
Buyers: Be first to know about new listings, price reductions, what just went under contract and what sold. 
Keep track of property values in any neighborhood and know your competition.
Email Alerts are sent as fast as hourly and my website is updated every 15 minutes
Choose to receive email alerts on new: Listings, Photos, Sold Properties, Pending Sales, Price Changes, Open Houses.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Moving Made Easier
Send Change of Address to:
Post Office with forwarding address
Charge Accounts / Credit Cards
Subscriptions
Friends and Relatives
Notify:
Bank – transfer funds, arrange for check cashing in new city.
Insurance – Notify your insurance provider
Utility Companies – gas, light, water, telephone and cable.
Make arrangements in new home.
If you are moving before the final closing on your new home is completed, you need to leave utilities on.
Miscellaneous Checklist:
Automobile registrations – Remember to transfer car title, registration, driver’s license and auto club membership.
Medical records – Arrange for medical and dental records to be transferred. Ask your physician for a referral.
Employment Recommendations – Have teenagers obtain written recommendations from their current employers.
Empty freezer and defrost.
Have appliances serviced for moving.
Plan for special care needs of infants.
Carry currency, jewelry and documents yourself.
Leave old keys and garage door openers with me.
Transfer school transcripts.
When you move, provide the children with photographs of their new home and school. Once they know what to expect and begin to visualize themselves in their new surroundings, they become much happier and more cooperative.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Benefits of a Home Warranty
A Home Warranty saves time, money and reduces stress.
Give your home coverage during the listing period and one year after closing.
Distinguish your property from others on the market
Boost buyer confidence
Protection of your largest asset
Less out of pocket cost for repairs with coverage during the listing period
No negotiating with contractors
Easily place claims online
Reduce after-sale liability
Peace of mind
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Why Long Realty Number One?
I’m a leader in the market as evidenced by a high ranking in customer satisfaction... Long Realty pros have an average 4.97 out of 5 stars.
As a Long Realty pro, I’m part of a winning team. Long Realty pros collaborate. Network. Share. Working together, we all win.
I enrich the community where I work and live. Long Realty pros support the Long Realty Cares Foundation, giving back more than $3 million to 180+ local nonprofits.
I know the market. My expert guidance and wealth of information empower your smart decisions.
I make sure you know first. As a Long Realty pro, My online search experience lets you know about listings and sales as they happen.
Our roots run deep. Long Realty pros have been on the job since 1926. Generations of support, building cherished relationships.
Our Long Realty culture nurtures professionals coming together every day to share buyer and seller needs. Making matches...it’s what I do every day.
Long Realty pros are the best of the best. Of the top 100 agents in Tucson, 50 are Long Realty pros.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Heat is on the Horizon
As our temperatures in the southwest trend northward, and 100 degree days loom on the horizon, it's important to be aware of air conditioning maintenance that can save you thousands this summer.
Scheduling a seasonal tune-up for your AC unit is a great plan to get a jump on the heat, and can be less costly in the long run. Noticing changes in sounds from your AC unit can signal impending issues, similar to if you hear odd noises from your automobile.
Homeowners should also consider setting their thermostats to the highest temperature they're comfortable with. According to the U.S. Department of Energy, it recommends that setting your thermostat to 78 degrees in the summer is a good starting point, but take your personal preferences into account. Another way to reduce costs is by turning your thermostat up a few degrees when you leave your house for the day. Many individuals believe that it’s best to turn off your air conditioning unit while they're away, but experts agree that you can reduce cooling costs by up to 10% if you turn your thermostat 10 to 15 degrees higher for eight hours a day.
Using smart-tech can also help reduce your monthly costs. A programmable thermostat will allow the unit to automatically set temperatures for when you are typically away for the day, and they adjust accordingly when you're coming home.
Filters are equally crucial in air conditioning maintenance, just like a coffee filter keeps grounds out of your morning cup of joe. Some filters within our home keep our families safe and makes home life more enjoyable. Filters can reduce pollen, smoke, pet dander, bacteria, dust, mold, dust mites, and more. Spring is a hotbed for allergens, such as pollen, but animal allergens and mold spores can also affect your indoor air quality. Air filters should be changed regularly to keep your system running smoothly and to maintain optimal air quality. It is recommended to change your air filter at least once every three months and more often if you have allergies, pets, or its pollen season. Filter rating systems can help you determine what filter best fits your needs. The MERV system is the industry standard and the higher the rating number, the more particulates that get filtered.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Preparing Your Home for Sale to Make a Strong Impression
Make a list of all items that need attention
Remove any furniture to help create open space
Eliminate personal memorabilia which could distract a buyer from looking at the home
Do a thorough interior maintenance review; clean windows, tighten knobs, repair leaks
Replace any burned out lights
Polish and clear off all countertops and appliances
Consider removing any valuables and anything that does not stay with the home if it is attached (chandeliers, heirlooms, etc)
Organize closets
Pack up unnecessary items
Wipe down all walls
Polish door and entry hardware and make sure doorbell is functional
Landscape front and backyard, removing any litter, weeds, debris, tools, etc.
Sweep off walkways and driveway
Organize the garage; removing any excess clutter
Repair any cracks and touch up the paint
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Home Buying Process
Meet with me for your Buyer Consultation
You are Pre-Qualified by Lender
View homes fitting your criteria
Offer made on your favorite home
CONTRACT IS ACCEPTED!
Contract and Earnest Money deposited with Escrow Company: Escrow Opened/Title Search ordered
BUYER'S DUE DILIGENCE
Inspections: Home, Wood Infestation, Roof, Pool Review inspections and negotiates appropriate requests
Reports: Seller Disclosure, Title Commitment, CCRs, HOA Disclosures Buyer secures Home-owner's Insurance within inspection period
Review with Buyer and present Buyer's responses
LOAN APPROVAL PROCESS Mortgage Company, Underwriting/Property Appraisal, Approval
Escrow Company obtains payoffs and collects other info.
Buyer conducts final walk-through
Signing of documents by both Seller & Buyer
Signed documents sent to Lender
After approval of documents Lender wires funds and gives OK to record
Documents recorded at County Recorder
Sent back to Escrow and Escrow Company distributes funds
You are given the keys to your new home! WONDERFUL!
Title policy, deed, etc. are sent to you
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Buy Your Home Trouble Free
Here are several shields against trouble in your quest for the home of your dreams
We Notice our Buyers Packet provides you vital information relative to your transaction. It includes things to watch out for, a reference guide, and pertinent definitions. You receive this before we start looking at homes.
A written property disclosure statement from the seller discloses any problems with the house and the surrounding area that are known by the Seller.
Professional property inspections can reveal structural, roof, termite and other problems with the property. At this point you have a choice whether to proceed with the sale, or cancel the contract.
A home warranty can give you peace of mind by providing repair-or replace coverage of many major home operating systems and appliances. Valuable on any home, old or new.
A preliminary title report informs you of any problems with the property’s title, and title insurance protects your rights to the property.
A final walk-through before closing will allow you to make sure all agreed upon work has been taken care of and the property is ready to transfer.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - How To Simply Increase Your Family Wealth By Paying For Housing
Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.
Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of home equity. As your home’s value increases you also gain home equity.
Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists and asks them to project how residential home prices will appreciate over the next five years.
The latest data from their Q4 2018 Survey revealed that home prices are expected to round out the year 5.8% higher than they were in January. For the next 5 years, home values will appreciate by an average of nearly 3% a year.
This is still great news for homeowners!
For example, let’s assume a young couple purchases and closes on a $250,000 home in January. Simply through their home appreciating in value, those homeowners can build their home equity by nearly $40,000 over the next five years.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - For Sale By Owner
Selling your home on your own may be harder than you think! Here are some points to consider:
You may place the security of your home and yourself at risk. Ads and “For Sale by Owner” signs tend to invite just anyone to inspect your house. You have very little control and no opportunity to pre-screen potential buyers.
You may not know the marketplace well enough to establish the best price for your home. If it is too high, you may lose buyers. If you ask too little, you stand to lose a great deal of money.
Coordination of arrangements and the paperwork involved with a home sale requires many hours, especially if you are not well versed in real estate and the law. You also stand a chance of making costly mistakes.
Along with print advertising opportunities, we attract buyers through the Multiple Listing Service, LongRealty.com and multiple website platforms and through numerous referral opportunities.
Without good advertising and professional help, your home may be on the market for too long to get top dollar. That makes it harder to sell even if you do ultimately decide to list it with a Realtor. People may think it hasn’t sold because there is a problem.
Buyers often need assistance with financing. That’s a job best left to a trained professional.
Unless you are skilled in the art of compromise, you may not be able to effectively close your sale. The “give and take” aspects of the sale of a home must be skillfully negotiated before a transaction is successfully completed.
Believe it or not, buyers don’t like to deal directly with home sellers. They aren’t comfortable asking questions or pointing out discrepancies since insult or confrontation may result. Dealing with a REALTOR® gives them confidence and reassurance
FSBOs typically sell for less than the selling price of other homes; at a median of $190,000 last year and significantly lower than the median of agent-assisted homes at $250,000. Thus, the typical agent-assisted home sale has a 32% higher sales price than the typical FSBO sale.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Looking at New Construction
It’s important that I am with you on the first visit to any builders site. Why? Builders have a rule – If you walk into a model home without your agent, the builders agent will register you and I will be unable to represent you throughout the process. Remember, the site agent will be working for the builder’s interests.
I will look out for your best interests from the time you enter the model until the time you close on your new home.
I will help you understand the terms and conditions of the builder’s contract. These contracts heavily favor the builder and are usually lengthy and complicated.
I will help you sort through the negotiations, financing options, and incentives in order to get the best terms and conditions for your purchase.
I have expertise to guide you in upgrade selections or custom changes that you would like to make during the build, and make sure you are aware of the cost.
I will communicate with you and the builder representative throughout the process, and will do my best to ensure a surprise-free transaction.
If your contract permits this due diligence, I will explain the benefits of a home inspection performed by an independent inspector.  
I’ll also accompany you on your walk-through, when you create your “Punch List” of items the builder will need to address within 30 days.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Benefits of Working with Ian Taylor
Buying a property is a complicated process. By hiring me exclusively, you will have a dedicated, trusted advisor at your side to help you navigate the home buying process. Here is what I bring to the table: 
I am a dedicated agent who listens to understand your needs.
I will help you navigate your financing options. 
I will search for the right property using powerful search tools that no other company has.
I have a deep understanding of the local housing market conditions and property values. I’ll help you prepare the right offer and negotiate the best terms possible.
I manage the transaction process to ensure a timely closing, and help you meet important milestones, per your contract, including coordinating paperwork and due diligence on the property.
I will connect you with a full suite of real estate services, all under one roof ensuring a seamless experience
I provide recommendations of local vendors from the Long Realty Home Advantage program to help you with any home related needs.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Home Inspection Tips
When buying a home, you will want to order a home inspection soon after your purchase offer has been accepted. Many real estate contracts allow a limited number of days to complete a home inspection (and then to request repairs, or cancel the contract if needed).
Inspect the inspector. All home inspectors should be formally trained/certified to perform a home inspection by an organization such as the National Institute of Building Inspectors (NIBI®)*, thus ensuring their knowledge of the home inspection and home buying process. Choose a home inspector who has earned credentials for competence and professionalism.
Make sure the inspector you select has access to on-going technical support and offers you post-inspection advice if needed. There is no one background that fully trains an individual for all the different conditions that may exist in a home. And even in areas where licensing exists, many programs fall short. Regardless of their technical background or licensing, choose an inspector who has access to other inspectors and who is affiliated with a larger organization. Also, make sure that the inspector you choose will be available in the future to answer any questions that may arise. The support your inspector offers can translate into better information and a higher level of service.
If the home is vacant, confirm that the seller will have all utilities on during the home inspection. Failure to do so may require a second trip to the home when the utilities are on, and you will incur additional fees. To properly evaluate a home, a professional inspector must be able to operate the systems, and in order to do this, the utilities must be turned on.
Accompany the inspector during the home inspection. This is your opportunity to gain knowledge of major systems, appliances, fixtures, learn maintenance tips, better understand the items that will be outlined in the written report, and ask questions of the inspector.
If your inspector recommends a further evaluation, please have a specialist in that area conduct a more extensive examination PRIOR to closing. In some cases, an element of your home may need an additional, more detailed, evaluation to correctly determine its condition. Your inspector will note for you when a specialist is needed.
Be sure you understand all conditions identified in the inspection report and that all areas of concern have been resolved to your satisfaction before closing. Your inspection report is useful to prepare you for your final walk-through of your new home. Make sure that you understand all of the items noted by your inspector.
Insist on a final walk-through. Prior to the close of escrow, insist on a final walk-through to verify that repairs have been made and that no new problems have surfaced since the home inspection, particularly in the areas where furnishings and storage may have previously obstructed the defect.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Where Do The Buyers Come From?
WHERE THE BUYER FOUND THE HOME THEY PURCHASED
Internet 43%
Real Estate Agent 33%
Yard Sign/Open House Sign 9%
Friend, Relative or Neighbor 6%
Home Builder 5%
Directly from the Seller/Knew the Seller 2%
Print/Newspaper Advertisement 1%
Other 1%
What does this mean to you?
Most buyers found the home they purchased through an agent or the Internet. That is why it is important to list your home with an agent and company that have these strengths.
Consider Ian Taylor, Long Realty Oro Valley
The Long Realty Network’s combination of a strong local & global approach is a proven formula that has helped hundreds of thousands of Arizonans sell and buy real estate. It is an important reason why Long Realty agents are so successful.
THE STRONGEST LOCAL COMPANY
Statewide Coverage. 1,200 sales associates and 36 office locations throughout Arizona.
Managed Locally. Based in Southern Arizona, managed and run by Arizonans. Founded in 1926 we’ve been serving the local community for over 90 years.
#1 in Luxury. Long Realty knows the luxury market and sells more Tucson luxury real estate than all other companies combined.
Giving Back to the Community. More than 3.0 million dollars in support has been donated through the Long Realty Cares Foundation to over 180 local, non-profit organizations since 2002.
Local Knowledge. Our monthly Housing Reports feature the latest real estate trends in your area and your Long Realty agent will help you understand current market information.
Leading Home Search Tools. Our website LongRealty.com and mobile app feature up-todate listings from all across the state.
One Stop Shopping. We create a convenient and stress free real estate experience through our affiliate companies Long Mortgage Company, Long Title Agency and Long Insurance Group.
UNMATCHED GLOBAL REACH
Long Realty Company, a Berkshire Hathaway affiliate. Long Realty Company has been owned by HomeServices of America, a Berkshire Hathaway affiliate, since 1999, giving us the strength, financial resources and national network to help with virtually any real estate related need. Anywhere.
Worldwide Real Estate Network. Long Realty Company is a member of Leading Real Estate Companies of the World, a collection of over 500 leading residential real estate firms, represented by 3,500 offices and 120,000 associates in over 50 countries worldwide.
International Luxury Connections. Long Realty is a member of Luxury Portfolio International, a leading luxury network featuring 200 affiliated companies around the world. Long Realty is also a member of the Who’s Who in Luxury Real Estate network, a group of more than 130,000 professionals in more than 85 countries collectively selling in excess of $250 billion of real estate annually.
International Website. LongRealty.com isn’t just a leading local website, it also reaches international home shoppers with traffic from over 7,000 cities in over 170 countries.
Experience in Global Relocation. Long Realty is the local member of Worldwide ERC, a workforce mobility association for professionals who oversee, manage, or support U.S. domestic and international employee transfer, with over 12,000 members.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Re Cycling is Good
PUT YOUR BLUE BIN TO WORK
We’ve all seen the trend in being a more earth-conscious consumer; from bringing your own reusable shopping bags to skipping the plastic straw with your drink at restaurants. At the end of the day, most of these trends are all about keeping stuffout of the local landfills. To help you get the most out of your blue bin, contact your local recycling management. While most tend to follow the same rules, the more you know, the more you can safely throw in the bin!
Recycling can be a great alternative to the landfill, but if you are throwing the wrong items into your blue bin it could do more harm than good. Things like plastic straws, plastic shopping bags, oily pizza boxes, or soggy paper can gum up the machines at the recycling plant and shut the entire process down until the machine can be cleared up.
Not only does recycling save things from spending a lifetime (or a few) in a landfill, it also saves energy! For most products, it is considerably more energy efficient to make it out of recycled materials than from raw materials. For example, the amount of energy saved from making one aluminum can out of recycled instead of raw materials can power a television for two to three hours.
Bottles, plastics containers (plastic types 1-7), glass containers, metal cans, cardboard, paper, junk mail, notebooks, and magazines can all be recycled. Just be sure that they are clean and dry. Leftover food gunk adds up to a mess in the machinery. Be sure to skip dirty or damp items, shredded paper, bubble wrap, Styrofoam, and plastic bags.
You can also recycle lids to containers if you put the lids back on the container. According to the city of Tucson, anything smaller than a tennis ball can fall through the machinery and cause trouble. So put the lids on bottles or throw them out. Also due to their size, prescription bottles and plastic coffee pods can’t be recycled.
Some things should just skip the blue bin all together. While you can recycle glass containers, glass bowls like crystal or Pyrex are a different story. Those are best donated if unbroken. Batteries, electronics, and light bulbs can all be recycled, just not in the blue bin. Plastic bags can be recycled at local stores or donated to local pet shelter to help clean up after dogs on their walks.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Don’t get just one estimate of your home’s value...
Get three and compare.
Get Your 3 FREE Automated home value estimates on my website www.orovalleyrealestateandhomes.com  
from Zillow, RPR and Collateral Analytics.
Then contact me and I can share with you a full and complete evaluation after seeing your home.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Open House Buy or Run
When you go to an open house, it's easy to get caught up in your own world. In fact, the seemingly innocuous chitchat you overhear can help you decide whether to follow through and make an offer—or run. The comments and criticisms you pick up on during an open house can contain nuggets of valuable financial and personal info you can put to use.
Here are some examples.
The owners are flexible on price
Translation: What [the agent] is really saying is that the home can and will be sold for under asking price. If you're serious about making an offer, use this nugget of info to your advantage. Take a closer look around the property with a critical eye. Do the kitchen appliances need updating? Is the backyard in dire need of landscaping? Now that you know the homeowner’s in a selling mood, you’re in a perfect position to submit a low bid. Any repairs and issues will give you leverage to negotiate.
What’s that smell in the house?
Translation: There might be a big problem. If you overhear visitors discussing a specific issue—say, a damp smell, or maybe evidence of termites —it can certainly be used as leverage when writing an offer, or it may be enough for you to decide you don’t want to take on a potential problem. And if other visitors are talking about it, the problem is probably big enough to cause headaches.
Wow, the sellers are getting out just in time
Translation: The neighborhood could be on the decline. When you go to an open house, you shouldn't just zero in on the home itself. This is your chance to get a feel for the community. Since open houses tend to attract curious neighbors, they can be the ideal setting for a potential buyer to find out about hot-button issues such as future development, traffic, area crime, or just neighborhood nuisances. If you’re looking for a home in a relatively quiet neighborhood, for instance, you might be grateful to find out now about the new road widening that’s slated to go up a half-mile away.
This price is way too high
Translation: You should work with your agent and research what other homes in the neighborhood are going for. Sure, the price of the home you're looking at might seem high, but that doesn't mean it's not fair market value for the neighborhood. Sometimes a property is priced correctly, but buyers might not realize it. That's why it's crucial to check the comps and make sure the house you're touring lines up. If it still seems high, don't run yet. You could consider adjusting your bid accordingly.
Great, our couch would fit perfectly in here!
Translation: You have competition. Listen for interest at an open house. Interested home buyers will often travel through the home, slowly and intently, using phrases such as ‘Our living room set would fit perfectly’ or 'Do you think our bed would look good in this room? These are clear indicators they're thinking about putting in an offer. And if you can see yourself living in that house, too, you'd better act fast. The worst is losing out on a home because someone got there first.
Hear the words foreclosure or divorce
Translation: The sellers' misfortune—sad as it may be for them—could work in your favor. If you hear the word foreclosure, you should pay attention. They may be open to selling it for less than they want to, due to time restrictions. Divorce is another word to listen for. If the owners are splitting up and/or need to split their assets, it’s likely that they don’t want to hang onto the home too long because it's that much longer until they can move on with the rest of their lives.
Before jumping to conclusions, do some research. Of course, it's always a good idea to consider your source. Take everything you hear with a grain of salt. If you're genuinely concerned, share that info with your agent. That said, don't discount anything entirely. 
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Updating Cabinets For Little Money
After a summer spent avoiding even a glance at the oven, it’s time to slip back into the kitchen. If you find yourself not quite in love with the look you’re rocking in this essential room, but reluctant to renovate so close to cooking the holiday meal, consider simply spicing up your cabinets. Cabinets are a focal point of any kitchen, so any TLC spent there is time well spent.
Swap out outdated hardware. Easy to do and easy on the wallet, this option is a true win-win. While not guaranteed to be the most impactful option, if your kitchen is just a step away from perfection, this could be that step. This is also the most renter-friendly suggestion.
Paint your cabinets. While somewhat time intensive, this project can be planned out over a few days and leave you with a stunning, cost-effective update. Even decades old cabinetry can be upgraded with a fresh coat.
Replace or remove cabinet doors. While you could do all the doors, just a change in the upper cabinet doors will completely change the look of the room. Even completely removing the doors gives you the look of fresh floating shelves and allows you to display your prized collection of kitchen supplies. If you do decide to remove the doors, remember that they can store more than just dishes, like cookbooks, artisan oils, or a favorite tchotchke.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Marketing Your Listing Basics
Marketing Your Listing Basic Services:
SERVICE TO YOU DURING THE LISTING
Keep all aspects of the transaction confidential.
Treat clients and their representatives with respect and cooperation.
Respond to every client call or e-mail promptly.
Solicit management assistance immediately if a problem develops
MARKETING SERVICES INCLUDE
A written marketing plan listing all websites where the listing will be posted.
A written comparable market analysis that includes current listings, recent sales, plus
expired or withdrawn listings.
PROCESSING THE LISTING
Complete the full listing packet and turn it in for processing within 24 hours.
Coordinate sign and keysafe placement.
Post listing to Long Realty website, Multiple Listing Service website, and Realtor.com
website.
Take digital pictures.
Place listing on personal web site including color pictures, slide show, video tour and a
detailed description.
SERVICING THE LISTING
Regularly e-mail sellers Listing Snapshot Report, showing website traffic for your property
Call or e-mail sellers each week with a complete update regarding that week’s showings
and marketing activities.
Call or e-mail sellers after all open houses to share feedback.
Send open house invitations to target area.
Every 30 days meet with the seller to review and update the “Home Selling Plan”,
update the comparable sales data, and to discuss positioning with respect to price.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Real Estate Terms
To assist you in understanding the language of your real estate transaction and the contracts and forms that you will be signing, we have provided the following glossary of terms that you are most likely to encounter. If you are unclear about any of the definitions or a term is missing, please contact me!
Addendum: Something added. A list or other material added to a document, letter, contractual agreement, escrow instructions, etc., to modify the original. (See Amendment)
Adjustable Rate Mortgage (ARM): Mortgage loans under which the interest rate is periodically adjusted, in accordance with some market indicator, to more closely coincide with the current rates.  The extent and number of these adjustments are agreed to at the inception of the loan.
Agency: Any relationship in which one party (agent) acts for or represents another (principal) under the authority of the latter. Agency involving real estate should be in writing, such as listings, buyer/broker agreements, power of attorney, etc.
Amendment: A change either to correct an error or to alter a part of an agreement without affecting the  essential intent.
Appraisal:  A report from an independent third party detailing the estimated value of real estate.
Appreciation: An increase in value to real property due to positive improvement or the elimination of negative elements in the surrounding area.
Assessed Value: The valuation placed on real property for purposes of taxation.  This valuation does not necessarily correspond with the market valuation.
Balloon Note: A form of promissory note that calls for the minimum payment of principal and the payment of interest at regular intervals. This type of note requires a substantial final payment, which represents all the remaining principal.
Beneficiary (of a Trust): The recipient of benefits from a trust.
CC&Rs: A term used in Arizona to describe limitations in the deed on use and improvements to real property, frequently in a subdivision.
Clouded Title: An irregularity, possible claim or encumbrance that, if valid, would adversely affect or impair the title.
CLUE Report: (Comprehensive Loss Underwriting Exchange)  A report listing any insurance claims against the risk address which may affect the insurability of the property.
Conventional Loan: A mortgage or deed of trust not obtained under a government insured program, such as FHA or VA.
Comparable Sales (Comps): Real estate sales on properties of similar age, location and features to subject property used for price analysis and appraisals.
Conveyance: The transfer of title to real property from one person to another.
Deed: A document through which a conveyance of property is effected.
Deed of Trust: An instrument used in Arizona and many other states in place of a mortgage. Real property is transferred to a trustee by the borrower (trustor), in favor of the lender (beneficiary) and re-conveyed upon payment in full.
Depreciation: Loss in value occasioned by ordinary wear and tear, destructive action of the elements, or functional or economic obsolescence.
Earnest Money: A deposit of funds by the purchaser on a piece of real estate as evidence of good faith.
Easement: A right to use all or part of the land owned by another for a specific purpose. An easement may, for example, entitle its holder to install and maintain sewer or utility lines or provide access to a piece of property.
Encroachment: Any building, improvement or structure (such as a wall, fence or driveway) located on one property that intrudes upon the property of another.
Encumbrance: Any interest, right, lien or liability attached to a parcel of land (such as unpaid taxes or an unsatisfied mortgage) that constitutes or represents a burden or charge upon the property.
Equity: The market value of real property less the amount of existing liens.
Fair Market Value: The average of the highest price that a buyer, willing but not compelled to buy, would pay and the lowest price a seller, willing but not compelled to sell, would accept.
Foreclosure: The legal process by which a lender or creditor exercises its legal rights to sell the property which was security for its loan at public auction and the owner's rights are terminated.  Bank Owned Properties are those properties where the property was acquired by the former owner's lender after such an auction.
Fixed Rate Mortgage: A mortgage having a rate of interest that remains the same for the life of the mortgage.
Fixtures: Personal property that is attached to real property and is legally treated as real property while it is so attached. Examples: medicine cabinets, window blinds, and chandeliers.
Hazard/Homeowners Insurance: Real estate/property insurance protecting against loss by fire, certain natural causes, covering liability, etc., depending on the terms of the policy.
Impound Account: An account held by the lender for payment of property taxes and insurance or other periodic debts against real property. The mortgagor (in this case the property owner) pays a portion of these debts with each monthly loan payment. The lender pays the billing parties from the accumulated funds when due.
Interim Financing: Temporary or short term loans. Often used with new construction. Usually replaced with a permanent long-term mortgage.
Intestate: Designates the estate or condition of failing to leave a will at death. “To die intestate.”
Judgment:  A decree of a court. In practice this is the lien or charge upon the lands of a debtor resulting from the Court ’s award of money to a creditor
Legal Description: A description of a parcel of land recognized by law, based on surveys  identifying the exact boundaries of the property.
Lien: A monetary charge imposed on a property, usually arising from a debt or obligation. All liens are encumbrances, but not all encumbrances are liens.
Lender’s Policy: Also called “mortgage policy.” A title insurance policy insuring a mortgagee, or beneficiary under a deed of trust, against loss caused by invalidity or unenforceability of a lien, or loss of priority of the mortgage or deed of trust.
Loan Origination Fee: A one time fee frequently charged by the lender to set up a loan.
Marketable Title: Real property ownership free of liens, defects, encumbrances or claims.
Mechanic’s Lien: A lien on real estate, securing the payment of debts due to persons provide labor, services or materials incident to the construction of buildings and improvements on the real estate.
Mortgage: An instrument by which real property is pledged as security for repayment of a loan.
Owner’s Policy: A policy of title insurance insuring an owner of real estate against loss occasioned by defects in liens against or unmarketability of the owner’s title.
PITI: A loan payment which combine Principal, Interest, Taxes and Insurance.
Plat: Also called “plat map.” A map dividing a parcel of land into lots, as in a subdivision.
Power of Attorney: An instrument in writing by which one person, the principal, authorizes another, the attorney in fact, to act in the specific actions described in the instrument.
Principal: (1) A sum of money owed as a debt on which interest is payable. (2) A person who empowers another to act as his representative or agent. (3) The person having prime responsibility for an obligation as distinguished from one who acts as a surety or endorser.
Public Records: Records which by law impart constructive notice of matters relating to land.
Purchase Agreement: See Sales Contract.
Quitclaim Deed: A deed which transfers whatever interest the maker of the deed may have in the particular parcel of land. A quitclaim deed contains no covenants or warranties.
Real Property: Also called “real estate.” (1) Land and anything permanently affixed to the land, such as building, fences and those things attached to the buildings, such as plumbing and heating fixtures, or other such items that would be personal property if not attached. (2) May refer to rights in real property as well as the property itself.
Recordation: Filing instruments of a legal nature with the recorder of the jurisdiction – such as a deed or mortgage – affecting the title to real estate. When such an instrument is properly recorded, it is considered to be a matter of public record. Legally, that means that all subsequent purchasers are deemed to have constructive knowledge of that information.
Right of Way: See Easement.
Sales Contract (Purchase Agreement): The legal document contractually binding the terms of Buyer’s and Seller’s agreement to sell/purchase real estate, usually completed by the real estate agent and signed by both parties
Short Sale: A real estate transaction in which the sales price is insufficient to pay the loans(s) encumbering the property, in addition to the costs of sale, and the seller is unable to pay the difference.  The approval of the seller’s lender(s) is required for the sale to proceed. 
Special Assessment: A lien assessed against real property by a public authority to pay costs of public improvements, such as sidewalks, sewers and street light, which directly benefits the assesses property.
Subdivision: A tract of land surveyed and divided into lots for purposes of sale.
Survey: The measurement of the boundaries of a parcel of land and its area.
VA Loans: Housing loans to veterans by banks, savings and loans, or other lenders that are guaranteed by the Veterans Administration, enabling veterans to buy a residence with little or no down payment.
Warranty Deed: A deed in which the grantor warrants or guarantees that good title is being conveyed.
Zoning: Laws passed by local governments regulating the size, type, structure, nature and use of land or buildings.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Mobile App
Simplify Your Home Search
Always on the go? Can't find the time to settle down at your computer and delve into the hunt for a new home? We've got you covered! With the Long Realty Mobile App, you can view listings throughout the entire state of Arizona from the palm of your hand. Our App contains detailed real estate information that is updated every fifteen minutes, so you'll always have the most current data at your disposal. We make it easy to track your favorite listings, view high-resolution property photos, and search using powerful filters to get the most relevant results for your unique needs.
Search by Commute Time
You might have found the perfect home, but is it in the perfect location? Our App features a Commute Time Search to help you calculate how long it will take you to reach essential places like work, school, and your favorite spots around town—Starbucks, anyone? Simply set the parameters that make sense for your daily commute and we'll do the rest.
Search using HomeScan
Our App makes use of the latest in Augmented Reality technology to make your house hunt easier than ever. With HomeScan, you can drive around prospective neighborhoods and use the live camera view on your mobile device to see active listing information projected right before your eyes. The App pulls data from the MLS (Multiple Listing Service) and offers robust filtering options to help you find homes in your budget.
---------------------------------------------------------------------------------------------------------------------------
Oro Valley Homes for Sale - Financing FAQs
Financing FAQs
Is it cheaper to rent or buy? The cost of renting is increasing. This means that in many markets around the United States, it is actually cheaper to own than it is to rent.
How good does my credit score need to be? / Is my credit score good enough? You do not need perfect credit in order to qualify for a new home loan. Credit scores can impact the rate of interest you are offered, but there are other factors considered when determining mortgage qualification. There are mortgage products available that have the potential to get you qualified with scores under 600.
Will my student loan debt keep me from qualifying for a mortgage? Millions of Americans carry some level of student loan debt. It is a factor when qualifying for a mortgage just like any other monthly debt obligation. However, the student loan monthly minimum payment is what is used when qualifying for a mortgage.
How high should my income be to buy a house? You should be very mindful of your income and the expenses that are spoken for each month. The perception that your income is not enough may not be true. Talking to a mortgage consultant is the best way to determine where your budget should be and if your income is enough to qualify.
Why should I get pre-approved? Getting pre-approved is a great way to show property sellers and builders that you are serious about buying a property and can give you great negotiating power.
What does it mean to be pre-approved? You are pre-approved once you complete a full mortgage application with a mortgage loan officer. A pre-approval is based on a thorough, preliminary review of credit and income. While it is not a commitment to lend, it does give you an idea on the maximum loan amount that meet your financial goals. Pre-approvals are subject to change or cancellation if a requested loan no longer meets applicable regulatory requirements, there are changes in your credit report and/or credit score or your current financial status or application information changes or cannot be verified.
What does it mean to be pre-qualified? You don’t have to complete a full mortgage application to become pre-qualified. A talk with your mortgage loan officer about your income and assets, and possibly a review of your credit report, can help give you an idea of what might be possible for you. However, the potential loan amount would just be an estimate. To get a better idea, it is recommended that you and your mortgage loan office do a thorough document review and get pre-approved.
How large should my down payment be? / Do I really need a 20% down payment? / What if I don’t have a down payment? The idea that a large down payment is needed is traditional thinking. The truth is that there are many low-to-no payment financing options available for home buyers.
How much house payment can I afford? The amount you can “afford” is unique to each individual’s preference. When applying for a mortgage, your mortgage consultant will determine the amount of housing payment you can qualify for. Talking to a mortgage consultant is the best way to determine where your budget should be and what total housing payment is comfortable for you.>
Why should I refinance? / Would I save money if I refinance? Refinancing is a great way to lower your payment by obtaining a longer term on your loan or a lower interest rate. You can also refinance to liquidate equity from your home for debt consolidation or home improvement projects.
How do I refinance my home? You can start the process today by contacting one of our Long Mortgage, Mortgage Consultants. Or apply online.
How can I lower my interest rate? On a new purchase your interest rate is determined by the market. Also, the property type, your fico score, loan program, and amount of down payment can affect your interest rate. You have the ability to buy down your interest rate via discount points. Your Mortgage Consultants can give you a cost break down for these scenarios. You can also lower your interest rate on your current mortgage thru a refinance.
I’m starting home shopping, where do I start? Consulting a realtor and a mortgage professional is the best way to begin. Your mortgage professional can provide you will all of the specifics in obtaining a mortgage. Including the down payment, closing costs, and the monthly payment. Your realtor can assist you in finding your desired home and facilitate the purchasing process.
What does my mortgage payment include? There are 2 components to your mortgage payment. First is your Principal and Interest this is the payment for the loan itself. Next is your taxes and insurance (Escrow Account). This amount is specific to your insurance quote, and property taxes on the home. You have the option to waive your escrow account, but there may be a change to your interest rate to do so.
What paperwork would I need to start to buy a house? Most mortgage transactions are “Full Doc” loans. This means all income, and assets must be documented. The documentation needed as a rule of thumb are 2 yrs. W-2s, or Tax Returns, 2 Most Recent Paystubs with year to date information, and 2 most recent assets, or bank statements. Depending upon your specific financial situation additional documentation may be required. See the link below for additional information.
How easy is the mortgage process? The mortgage process can seem a bit invasive. During the mortgage process the lender is completing a detailed analysis of your financial situation. Understanding the process is the best way to insure you have a smooth transaction. Get an overview of the mortgage application process.
Should I talk to a mortgage professional before house hunting? / Who should I talk to first, a realtor or a mortgage loan officer? Either a mortgage professional or a realtor is a great jumping off point. Many times, if you do not have a relationship with a mortgage professional your realtor can point you in the right direction, and vice versa. It is suggested that you meet with a mortgage professional prior to making any offer on a new home.
What are closing costs? Closing costs are costs that are incurred when purchasing a property. These include, but are not limited to Loan Origination fees, Appraisal Fees, Title Insurance, Surveys, Recording Fees, and Credit Report fees.
How much are closing costs? Closing costs can vary from Lender to Lender. In addition, some loan programs have specific closing costs also. When discussing programs with your lender it is recommended you get an itemized fee sheet.
What is the difference between fixed and adjustable rate loans? A fixed rate mortgage means that your rate and monthly principal and interest payment stays the same for the life of the loan. An adjustable rate mortgage has a fixed rate for a predetermined amount of time (3,5,7, and 10 Years), and then it will adjust annually. Find additional information here.
What can I do to improve my credit score? The first step is to know your credit score. Check your report for any erroneous accounts. Next keep your credit accounts current. Keep your balances low on credit cards and other revolving accounts to increase your unused credit. Avoid opening credit accounts that you do not need to increase your available credit.
What determines a credit score? The two most important factors that determine your credit score are how you pay your debt, and how much debt you owe.
With my credit situation, when can I buy? There are many programs available for all credit situations. Even if you have had negative items on your credit such as a foreclosure or bankruptcy you may still be able to purchase a home. The best way to find out is to contact one of our mortgage consultants.