Jerry Raviol

1640 S. Stapley Dr., #124 • Mesa, AZ 85204
TOLL FREE: 1888-JRAVIOL (572-8465)
CELL: (602) 695-5478
Office: (480) 820-3333
Fax: (480) 907-1443

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West USA Realty

Archive for condos

1287-n-alma-school-224

 

 

A rare chance to own two balconies, views of the landscaped interior of the complex, generous size bedrooms, plenty of closets, with a utility room large enough for full size washer/dryer, all at a bargain price. There’s even tile floors, but carpet in all the right places. All this with a community pool, spa, playground, & tennis courts. You have to drive for miles and to much different neighborhoods before you’ll find a 2 bed/2 bath at this price.

To view more details and photos of this property, please click on the image above or the address below.

1287 N Alma School Rd., #224
Chandler, AZ 85224

Jerry Raviol, Associate Broker
West USA Realty
www.houseaz.com
602-695-5478

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www.JerrysMobileApp.com

 

 

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3 bedroom/2 bath condo in gated community close to the 202. Features include tile floors, balcony, community pool, open kitchen, split floor plan, 2 car garage, granite tile countertop and wood blinds. This remarkable property is available for immediate sale. The seller is very responsive and the property is a perfect opportunity. Special financing options available – ask Jerry Raviol for details.

If you would like to view more pictures of this property please click on the address below.

955 E. Knox Rd., #241
Chandler, AZ 85225

Jerry Raviol
West USA Realty
www.houseaz.com
602-695-5478

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When I help folks shop for condos they often get sticker shock from the monthly association fees.  I then advise them they need to get answers to the following questions.

  1. What services and repairs are included in the monthly bill?
  2. How well does the association maintain the property?
  3. How much would it cost for you to provide the same services and repairs?
  4. What is your leisure time worth?
  5. Does the association provide insurance that you would normally have to buy on your own?

Read more about Estimating Expenses Before Buying Your First Home in this article by Ron Leiber, in The New York Times.

Jerry Raviol
West USA Realty
www.houseaz.com
602-695-5478

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Nov
29

5 Things To Do Before You Sell Your Home

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Putting your home on the market isn’t as simple as placing a FOR SALE sign in your yard. There are several steps you should take when preparing your home for sale. Read more below to learn about the top 5 things you should do.

-5 Tips For Sellers-

  1. Hire a Real Estate Agent.
    It may be tempting to list your home on your own to avoid paying a sales
    commission, but selling your own home is a full-time job itself. A real estate
    professional represents the best opportunity to earn the maximum amount from
    your home’s sale. An agent will recommend the best listing price, market your
    home effectively and show your home to buyers. An agent also recognizes what
    buyers are looking for in a new home.
  2. Get Your Home Inspected
    You are required to disclose any problems with your property to prospective buyers. Failure to do so will lead to further complications, even if you weren’t aware of the flaws ahead of time. Hire a professional inspector to identify and document any problems with your property. Also, make sure your home has a clean bill of health
    from termites.

To read more about the top 5 things you should do before selling your home please click the image below.

If you need a real estate professional to assist you with the sale of your home don’t hesitate to contact me. I’m always happy to help.

Jerry Raviol
West USA Realty
http://www.houseaz.com
602-695-5478

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How real estate can put cash in your pocket every month.

Everything old is new again -  Back in the days before housing prices zoomed through the roof like a rocket, the way to make money on rentals was to create a positive monthly cash flow, and to count future price appreciation as gravy for a later day when you wanted to sell.  Right now is the first time in years that 4 important factors have aligned so that you can once again both make money every month and build your wealth the old fashioned way –

  1. Low purchase prices – Many homes can be purchased for less than it cost to build them, and sell for 70% less than their market high. 
  2. Crazy low interest rates that you can lock in for 30 years – Today’s rates mean your monthly expenses for principal and interest payments are easily 30% less than a few years ago.  Combine the low interest rate with a low purchase price and your monthly nut can easily be 50% less than in years gone by. 
  3. Stable rent prices – Although rents have fallen, they haven’t fallen by nearly as much as the purchase price of the homes.  This is in part due to the increased number of renters.
  4. A larger pool of renters / increased customer base New mortgage guidelines which make it harder to buy a home + the large number of folks that have lost their homes and need to rent = more renters

Another benefit to a positive cash flow with a one year lease is that it eliminates the need to stress over resale prices every month.  When you are putting cash in your pocket every month, a change in resale prices is less of a concern.  Many of the landlords that got knocked out of the rental business were completely invested in double digit price inflation.  They did not care about the good old fashioned benefits of positive cash flow because they thought they would make it back when they “flipped” it.  When prices went in the wrong direction, and they were sitting on a negative cash flow, all their potential profit was gone. 

I’m buying rentals and I think it is something you should also consider.  Contact me and I’ll be glad to discuss if it makes sense for you to try and get both a monthly return on investment (ROI) combined with future asset appreciation.

Jerry Raviol
West USA Realty
http://www.houseaz.com
602-695-5478

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If you’re a conscientious homeowner, you may ultimately pay the price. A new report from the W. P. Carey School of Business at Arizona State University shows that while home prices overall in the hard-hit Phoenix-area market continue to gradually rise, when you break it down, some segments of the market are going up while others continue to stay in negative territory. The prices of foreclosure homes and lower-priced homes are doing better, while non-foreclosure homes and higher-priced homes remain down in value compared to last year.

“The foreclosure and non-foreclosure indices continue to move in opposite directions, with foreclosure houses showing small increases and non-foreclosure prices declining at double-digit rates,” said professor Karl Guntermann, the Fred E. Taylor Professor of Real Estate, who authored the new report with research associate Adam Nowak. “The data also indicates the higher-priced segment of the market is likely to show small year-over-year declines through the rest of 2010.”

The Arizona State University-Repeat Sales Index (ASU-RSI) measures annual changes in average Phoenix-area home prices. The newest index confirms what was announced in previous reports, that April 2010 was the first month that the overall market showed a year-to-year increase since the recession began. From April 2009 to April 2010, the index moved up 0.7 percent. The increase from June 2009 to June 2010 is estimated to be about 1.8 percent. However, the positive momentum could end soon.

“Based on index values from last year and current conditions in the housing market, it is likely that small increases in house prices will continue for only another month or two, followed by an extended period where house prices remain relatively flat,” Guntermann said. “Unless economic and housing market conditions change dramatically, prices are likely to be relatively stable going into 2011.”

The overall median price for Phoenix-area single-family home sales included in the April index was $135,000. The preliminary figure for June is $133,000. Guntermann notes the median moved to $130,000 last September and has stayed within $5,000 of that ever since.

He also says the townhouse/condominium segment of the market appears to be leveling off at an annual rate of decline just under 20 percent. Townhome/condo prices are very low, with the median sale price in June estimated to be around $73,000. That’s another big step down from the low $80,000s, where prices had been for the previous several months.

Glendale, Peoria and Mesa have prices leveling off the most among Phoenix-area cities. However, home price declines for all areas of the Valley appear to be slowing.

The ASU-RSI is based on repeat sales, the most reliable way to estimate price changes in the housing market. Repeat sales compare the prices of a single property against itself at different points in time, instead of comparing different homes with different quality factors.

The ASU-RSI is produced through the Center for Real Estate Theory and Practice at the W. P. Carey School of Business. The new report can be found at http://wpcarey.asu.edu/realestate/housing-market-reports.cfm. Further ASU-RSI analysis is also available from Knowledge@W. P. Carey, the business school’s online resource and biweekly newsletter, at http://knowledge.wpcarey.asu.edu.

Debbie Freeman, Debbie.Freeman@asu.edu
(480) 965-9271
Communications Manager, W. P. Carey School of Business

Jerry Raviol
West USA Realty
http://www.houseaz.com
602-695-5478

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Jul
19

Own For Less Than Rent in Arizona

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Learn more about owning a home for less than you are paying in rent. Watch the video below and visit www.houseaz.com.

Jerry Raviol
West USA Realty
http://www.houseaz.com
602-695-5478

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Jun
22

Jerry Raviol – West USA Realtor

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Welcome to Arizona Homes and Real Estate by Jerry Raviol!

Jerry Raviol
West USA Realty
http://www.houseaz.com
602-695-5478

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