Troon Scottsdale Realtor

Carmen Brodeur is a top Realtor in Troon North and Troon Village, Scottsdale.

Five Things You Should Know About Home Appraisals

August 28, 2013 by Carmen Brodeur

When selling or refinancing your Troon home, you will most likely have to go through the appraisal process. This is a normal part of the home purchase process. Home appraisals can sometimes be difficult and confusing, but understanding how they work can be the key to getting the most out of your refinance or home sale. Here are a few things you should know about home appraisals before you begin the process:

Home appraisals aren’t an exact science. Each appraiser may have a different opinion on your home’s value. They base their evaluations on a number of factors, including how your home’s features compare to recent sales nearby. Different values can be assigned to your home based on what different appraisers consider “comparable sales.”
There are different reasons for home appraisals. If you are trying to get a home loan, the home appraisal will evaluate today’s market value. If you want to figure out how much you need to insure your home for, you will get an appraisal that calculates how much it would cost to rebuild your home at today’s rates. You may end up with two completely different values.
Appraised values aren’t set in stone. The market changes, and home prices change with it. You might get an appraisal that concludes that your home is worth a certain amount, but a few months later, that value may have dropped or risen based on the market.
Home appraisals don’t include your personal issues. Say you need to sell immediately for any reason. Home appraisals will not factor in your personal time frame and how that may affect how much money you’ll accept on your home.
A second opinion is always an option. If you get an appraisal value that you think is too low, you may want to get a second appraisal from another source. You will have to pay for the second appraisal, but it may be more beneficial to do so if the first value was incorrectly evaluated. However, if the first appraisal is accurate, you may want to change your pricing on the home you are selling.

Having a dedicated and experienced realtor can greatly simplify home appraisals. If you are considering selling your home or would like to view Troon North homes for sale, you will want to choose a Scottsdale realtor who specializes in Troon. You can reach me at (602) 791-0536 or at Carmen@TopScottsdaleHomes.com.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com

How to Properly Price Your Troon Home

August 26, 2013 by Carmen Brodeur

Are you considering selling your Troon home? In order to get the most for your home, you should understand how comparable sales can help you set the perfect price.

Comparable sales involve knowing the prices of other homes that are similar to yours. If you know what similar homes have recently sold for then you will have a better idea of the value of your Troon home.

The key to finding a good comparable sale is locating a home that just closed escrow and is the most similar to yours. Ideally, this would be a home within the same community that is the same model as your Troon home. However, such a home can be hard to come by. If this is the case, you can use the following factors to find a comparable sale:

Location. You will want to find a Troon home that is as close to yours as possible. A good comparable sale will be one located in your community, subdivision and school district. It also helps to find a home located on the same type of street.

Home Type. Find similar home styles that are close to the same size as yours. You’ll also want the home to have similar construction material, the same number of bedrooms and bathrooms and the same sized yard (or close to it). Another thing to consider is whether or not the home has a basement.

Features and Upgrades. Pay attention to the features of the home and whether it has any upgrades. New kitchen? Swimming pool or deck? If the comparable sale home is in a different community, make sure it has the same amenities available, such as a community swimming pool, tennis courts, fitness center or even a golf course.

Date of sale. Try to find a home that was sold fairly recently. Many homebuyers use government guaranteed mortgages, which state that comparable sales must be within 90 days old.

Deal sweeteners. Don’t forget to account for any deal sweeteners when considering the price of a comparable sale. If the sellers offered downpayment assistance or even included furniture, you will have to lower the value of the comparable sale home accordingly.

As always, finding the right price for your Troon home, requires an experienced Troon Scottsdale Realtor such as myself, who knows all about Troon. The right realtor will have already been inside homes in your community and can give you details about comparable sales.

If you would like to find out more, feel free to contact me at (602) 791-0536. I look forward to working with you, whether you are selling your Troon home or interested in viewing any Troon real estate for sale.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com

PGA Tour Bans Caddie Races at The Phoenix Open

August 23, 2013 by Carmen Brodeur

The Phoenix Open is one of the funnest events in Scottsdale. Unlike other PGA stops around the country, it is a fun and rowdy tournament. It has recently been announced by the PGA Tour’s chief of operations, Andy Pazner, that caddie races will no longer be held at The Phoenix Open at TPC Scottsdale. The announcement was made to GolfChannel.com. The races will also be banned at the Crown Plaza Invitational at Colonial.

For those unfamiliar with caddie races, the tradition was started on the famed 16th hole on the Stadium Course at TPC Scottsdale. Fans would bet on which caddie would reach the green first. When caddies began to catch on, they would play along and start to run.

The races have since become a beloved staple, especially at the Phoenix Open, where fans embrace the flurry and excitement of the 16th hole. They were also considered to be good, light-hearted fun for both spectators and caddies alike. The ban has not gone without opposition.

Pazner says that the main reason for the ban is safety. The idea of 150-yard races from tee to green has posed safety concerns for caddies as well as the precious equipment they carry. Pazner also confirmed that there is a smartphone app in the works that will allow fans to place wagers on whose tee shot will hit closest to the hole.

Scottsdale is not only the home of the popular Phoenix Open; it is the ultimate destination for golfers across the country. There are many golf properties in Scottsdale that back to renowned courses, including those with views of TPC Scottsdale’s Stadium and Champions courses.

To schedule a time to tour Scottsdale homes for sale, call me at (602) 791-0536.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com

More than Half of Troon Homes Are Purchased For Cash

August 21, 2013 by Carmen Brodeur

All-cash home sales are becoming much more prevalent in today’s market. According to reports from Goldman Sachs Group, more than half of homes nationwide are being purchased with cash, mortgage-free. This is especially true for real estate in Troon. Most luxury Troon homes are purchased by investors, wealthy homebuyers, and international homebuyers.

Before the market crash, all-cash sales made up about 20 percent of home sales nationwide. Today, that number has more than doubled. Goldman Sachs Group reported that approximately 44 cents of every dollar of home sales represent the amount being financed with a mortgage.

Economists at Goldman Sachs Group came to their conclusions after analyzing figures from the National Association of Realtors, Mortgage Bankers Association, Lender Processing Services and U.S. Census Bureau.

Troon homes represent some of the finest luxury real estate in the Valley. Troon homes offer spectacular views and a coveted lifestyle of luxury. To learn more about trends in the current market, please visit our page on Scottsdale real estate trends. You can begin viewing Troon homes for sale by scheduling an appointment with me. Call (602) 791-0536 or email Carmen@TopScottsdaleHomes.com.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com

New and Improved Troon Real Estate Website

August 14, 2013 by Carmen Brodeur

As you may have noticed, we have been rolling out some big changes on our Troon real estate website. Apart from the new optimized look, the site’s url has been changed from www.TroonScottsdaleAZ.com to www.TroonRealEstate.com. In upcoming months, we will be introducing even more exciting changes in order to improve the usability of the site and provide our clients with as much information on Troon real estate as possible.

One of the changes we have incorporated is an Interactive Scottsdale Golf Community Map. This will allow you to click on any golf course you may be interested in and view homes for sale in that community. The map includes Troon real estate as well as homes in other areas of North Scottsdale. We will retain all of our comprehensive search options, so you can find the perfect home to match your lifestyle.

If you happen to notice any broken links while browsing our Troon real estate website, please report them to me. You can do this by filling out any of the contact forms on the site. It is quick and easy, and it will help us continue to improve our site for users.

If you are interested in viewing any homes in Troon, you can schedule an appointment with me by calling (602) 791-0536. I would be happy to show you any homes for sale in Scottsdale. I specialize in golf communities throughout Scottsdale AZ.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com

Scottsdale Market Trends Show Foreclosures Down Substantially

August 2, 2013 by Carmen Brodeur

Scottsdale market trends are showing a definite decline in foreclosures. In fact foreclosures in Scottsdale are becoming pretty rare.

The rates of foreclosure in Scottsdale and across the Valley have plummeted in the last year as the market’s recovery gains speed. According to data from CoreLogic, the Phoenix foreclosure rate is down a dramatic 62 percent, leaving just over 1 percent of mortgages Valleywide in some stage of foreclosure as of May.

Similarly, Arizona State University reported that in May, the number of foreclosure starts in Phoenix was at 1,639, a significant improvement from just a few years ago. As recently as March 2009, the number of foreclosure starts in Phoenix was well over 10,000.

The fall in Scottsdale foreclosures is directly tied to Valley homeowners’ increasing ability to pay their mortgages. CoreLogic found that only 3.2 percent of homeowners were underwater on their mortgages, compared to a rate nearly double that in 2012. The Phoenix delinquency rate is also 2.43 percentage points below the national average, which showed only slight drop from last year.

Want to stay up-to-date on the state of the market? Check-in regularly with our Scottsdale current market trends page. Find Scottsdale foreclosures for sale using our simple browsing options. To schedule a private tour of any Troon real estate for sale, call me at (602) 791-0536 or send an email to Carmen@TopScottsdaleHomes.com.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com