Real Estate In Yuma | SEXTON TEAM BLOG

Tuesday, October 31, 2023   /   by April Castillo

Mortgage Myths Debunked

Today, we’re excited to introduce a special guest, Daniel Jackson, from the Jackson team at Nova Home Loans. He’s here to shed light on some common preconceptions people have about lending, interest rates, and the home-buying process in today’s challenging market. Let’s dive into our conversation with Daniel:
1. The myth of the massive down payment. One of the primary concerns for potential homebuyers is the daunting question of how much money they need to purchase a house. Many folks are surprised to learn that they may not need as much cash as they think. Daniel emphasizes the existence of down payment assistance programs, 100% financing options, and low down payment choices, specially tailored for first-time homebuyers. The barrier to entry might be lower than you imagine.

2. Unlocking the mystery of interest rates. Interest rates play a crucial role in determining the cost of your mortgage. Daniel explains that there are multiple strategies to manage t ...

  real estate in yuma, home loans

Thursday, August 24, 2023   /   by April Castillo

Buying a Home Without a Realtor

Buying a home without a realtor, also known as a For Sale By Owner (FSBO) transaction, is possible but requires careful consideration and thorough preparation. Here are the steps to buying a home without a realtor:

Determine your budget: Establish a budget for your home purchase by evaluating your finances, considering your down payment capability, and getting pre-approved for a mortgage. This will help you understand your purchasing power and narrow down your search.

Research and identify properties: Utilize online real estate listings, local classifieds, and other resources to find properties that match your criteria. You can also drive through neighborhoods of interest to spot "For Sale" signs. Additionally, consider attending open houses or contacting homeowners directly to inquire about potential sales.

Conduct thorough property research: Once you find a property you're interested in, conduct detailed research. Evaluate the property's price in comparison to similar ...

  real estate in yuma, home buying

Thursday, August 10, 2023   /   by April Castillo

After Sales Documents to Keep

After selling a home, it is important to retain certain documents for your records. These documents are crucial for various reasons, such as tax purposes, legal obligations, and potential future issues. Here is a list of essential documents to keep after selling a home in Yuma:

Closing Disclosure outlines the final terms of the sale, including the purchase price, loan details, and closing costs. It is essential for tax purposes and as proof of the transaction.

Settlement Statement (HUD-1) provides a detailed breakdown of all the financial aspects of the sale, including the seller's and buyer's expenses, such as prorated property taxes and closing costs.

The sales contract is the agreement between you and the buyer, outlining the terms and conditions of the sale. Keep a copy of this document for reference and potential legal issues that may arise in the future.

The deed is the legal document that transfers ownership of the property to the buyer. Retain a copy of the ...

  real estate in yuma

Tuesday, August 8, 2023   /   by April Castillo

Start Investing Like a Pro

3 Tips To Get You Started Investing in Property

“How can I get started investing in real estate?” I get this question all the time, and I understand why. Real estate is one of the best investments you can make, which is why I’m sharing three great tips to help you get started:
1. Start with passive investing. You don’t have to make a big purchase to make a big splash. Becoming a limited partner or investing in a trust is a great way to reap the benefits of someone else putting in the groundwork. Plus, you can skip the hassle of being a landlord.
“Real estate is always a smart investment. ”

2. Look for specific property types. Not all investment properties are created equal. A few good options include a single-family home near an elementary school or a property near a university. These types of homes will always be in demand, so you can cut down on unoccupied time and bring in more profit. 

3. Do the math before you buy. Even if you fi ...

  real estate in yuma

Thursday, August 3, 2023   /   by April Castillo

How to Price Your Home Right: 3 Great Tips

The real estate market is an ever-changing thing. One day, prices are up, and the very next day, everything has reversed on you. Over the last few years especially, with turbulent markets and economic confusion, the real estate market has become increasingly dynamic. In this era of constant fluctuation, how will you know how much your home is worth? There are three things that you need to know:

1. Use the right tools. Online estimators are a great way to get a very rough estimate of where your home’s value is likely to sit. These are best accessed directly through your preferred real estate agent’s website. While they aren’t perfect, these tools can give you a general idea of your home’s value.

“The real estate market has become increasingly dynamic.”

2. Use more recent comps. In the past, it was common to use comparative home sales from the prior six months. Now, more than ever, it’s important to use comps that are as recent as po ...

  real estate in yuma, home price

The Sexton Property Group at Keller Williams Realty Yuma
Ed Sexton
2553 East 24th St
Yuma, AZ 85365
Daniel Jackson
Senior Loan Officer
NMLS# 169485
Office: 928-726-7266
Cell: 928-550-8744
Fax: 928-792-2231

Daniel Jackson NMLS #169485 | Nova Home Loans NMLS #3087 | BK#0902429 | Equal Housing Opportunity

This data is provided by the Yuma Association of REALTORS®, Inc. Multiple Listing Service. Real Estate listings held by brokerage firms other than Ed Sexton - The Sexton Property Group / Keller Williams Realty Yuma are marked with the Broker Reciprocity (SM) logo or the Broker Reciprocity thumbnail logo. This information is deemed reliable, but not guaranteed.
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