641 W TUMBLEWEED RD Gilbert, AZ 85233

641 W TUMBLEWEED RD Gilbert, AZ 85233 is one of the best priced home in Candlewood Subdivision

Great curb appeal Home with desert landscape. North/South exposure.Soaring ceilings, beautiful ceramic tile flooring in all the right places, plenty of natural lighting. Formal dining/living room with large windows for lots of natural light. Breakfast bar, center island, white appliances, and oak cabinetry in kitchen. Beautiful inlaid tile in breakfast nook with backyard views. Wonderful place for family and friends. Spacious family room with sliding glass doors to patio. Double door entry to master suite with private master bathroom. Extended covered patio, lush green landscape. Great home for entertaining. Call today and start packing.

Call or e-mail me today to see 641 W TUMBLEWEED RD Gilbert, AZ 85233.

Don’t forget just down the road is Kokopelli Golf Club.

Homes for Sale in Chandler Arizona under $200 K

If you are interested in buying a home in Chandler there are still a lot of Homes for Sale in Chandler under $200,000.00 Some are older fix-up type of homes. If you are willing to do a fix and flip you are still have a chance. (as of Jan 5th 2015) there are well over 90 homes in Chandler for sale.

Many of the homes under $150k are older and need updating. A perfect opportunity to do a fix and flip.

Many of these homes are in or around Down Town Chandler or north of the 202 San Tan.

The great news about these homes whether you plan on buying and selling, buying and renting out, or buying for yourself, the schools, shopping, and freeways are all close by.

Chandler Schools have an exceptional rating throughout the valley.

Now is a great time ,with interest rates and inventory, to purchase a Home for Sale in Chandler under $200,000.00.

If you are interested in purchasing a Home in Chandler/Homes in Gilbert or any part of the east valley please contact me at your earliest convenience. Also I can get you a referral if you are looking to buy in other parts of The Phoenix Metro Area.

Best Reagrds

Dave Bracklow

www.davebracklow.com (search for your home here)

480-390-4310

dave@davebracklow.com

How are Home Prices in Chandler Az

Home prices in Chandler Az are stable for the time being. Home prices in the Phoenix Metro are stable as well.

Over the last 12-18 months the inventory in Chandler, Gilbert, Tempe, Mesa and the rest of the East Valley have remained stable.

Inventory has been climbing slowly over the past 18-24 months, but not to truely call it a buyers market. In late 2011 and most of 2012 inventory was low, prices were low and investors were incredible active. Forcing prices to go up at a pretty good clip. Inventory in Chandler was at about 1.5-2.5 months. Now we are at about 4-5 months inventory. Those numbers were the same across the board in Gilbert, Tempe, Mesa, Queen Creek  and most of Phoenix.

Some people believe interest rates will climb (slightly), which will have the same effect as an increase in inventory. People that have been on the fence listing their home, will take a bigger beating in the short run. Buyers will have less buying power.

Prediction: Home prices in Chandler will remain stable, but will be very little growth, if any over the next 12 months.

I will continue to keep track of the inventory over the next 12 months to see home this all pans out.

If you'd like me to keep you up to date on a weekly or monthly basis, please call or e-mail me and I will get that going for you.

Best Regards

Dave Bracklow                480-390-4310                dave@davebracklow.com

5 Mistakes that will Kill your Fix and Flip

5  Mistakes that will Kill your Fix and Flip

1. Taking Too Much Time

The best way to avoid this probelm  is to create a timeline for your project, and stick to it. The timeline should go hand in hand with your project budget and include all phases of the project: from the time you buy the property to the time that you sell it. Then you need to revisit the timeline and make adjustments. More than likely you will have problem with your time, but you will learn by your mistakes.

Avoid the urge to figure it out as you go.. Make the timeline anyway, and keep making adjustments when things come up. The timeline will hold you on course and, along with your budget, will stop the project from getting too far off goal.

2. Not Having/Sticking to a Realistic Budget

Also with your timeline you'll want to set up a budget and stay with it. Seems logical, but this is another killer in regards to any Fix and Flip.

There are two ways that your fix and flip can fall apart due to the budget. Here they are and how to avoid them:

Budget doesn’t cover everything: You want to make sure your project budget covers all the costs you will incur. This of course includes all improvements you plan to make, so be sure that all activity in the house has a line item (from demolition to final cleaning).

Also, make sure that the “soft costs” are included. These would be things like loan interest, taxes, utilities, permits, architect fees, etc.

Budget is unrealistic: If you plan on replacing the roof on your flip, be sure to budget more than $100 for it. I am being a bit extreme, of course, but I am trying to make a point. You need to make sure that the line item expenses in your budget are achievable given what you know about the property going in.

3. Over-Improving the Property

It’s hard to know when to stop improving on a fix and flip, especially if you have the resources. There are things that really make a fix and flip pop, like granite countertops, crown molding, tile, hard wood floors, landscaping, and the list can go on.  Every house should have a few things that make people say, “WOW!” when they walk through your property. These things make your house stand out and will help you sell quickly.

More importantly you need to only improve the property with the market. If you are in an area that doesn't support Granite Counter tops, you may only need to put in Formica.

4. Not Preparing for Unforeseen Issues

This is by far my least favorite part of fix and flips. As I said before, there are just too many variables in a fix and flip to anticipate all of them. You just can’t know everything. If you budget a fixed % of unseen variables you may make it thru.

5. Over-Pricing the Property

An overpriced house will not get the attention it deserves when it first goes out for sale. The first time a house is listed is when it’s on most people’s radars. If you are priced right, you should be getting interested buyers as soon as it gets listed. For a variety of reasons, you want your house to go under contract within a few weeks of getting listed. The obvious reason is that you want to sell and get your hard earned profits. The second reason is that you don’t want it to sit on the market.

Good luck with your Fix and Flips

Please call me when you are ready to try one of these and I will get you started.

Dave Bracklow    480-390-4310    dave@davebracklow.com

Re-modleing a 4 Bedroom Home in Porter Acres Gilbert

When re-modleing a 4 Bedroom Home in Porter Acres Gilbert you need to be aware of a few.

One of the most asked questions is "Will re-modeling my home add value to  it? The answer is always yes.

Second question is home much value? That depends on many variables. Did you cut corners?Did you spend to much on the re-model? Did you upgrade to high for your particular neighborhood or market area.

The best advise I ever received from one of my co-workers was "In a perfect world" you will re-model your home 1-3 years prior to selling. That way you get to enjoy the product and reap the returns on the money you spent.

Good Rule of thumb is 80-90 % return on Kitchens and Bathrooms. 50-75% on the rest of the home.

The problem with trying to sell a home that has "No Upgrades" in Porter Acres is you will need to sell below market value minus the cost of the upgraded home.

Here are a few other things to be aware of when looking at Re-modeling in Porter Acres or any other part of Gilber or the east valley.

For those who have undertaken such a project, you may know there are many lessons learned through the remodel process: choosing the counter tops, carpets, cabinets, tile, paint, handles, various fixtures, fans, hardware, lighting and, most importantly, the selection of contractors.

Below are my top ten lessons learned which also includes an additional bonus of a LIFE LESSON.

1. According to your contractor, every former contractor had “no idea what they were doing.”

2. A bid means a measure of the truth with a guarantee of a lot more excuses to come later.

3. To a contractor, tomorrow is referring to an unspecified time in the not so near future.

4. “Back-order” means hurry up and wait.

5. A paint chip has no resemblance to itself once painted on any surface larger than one square foot.

6. A carpet sample looks nothing like thestuff they  installed.

7. Expecting a contractor to clean up as they “go” would be like expecting a baby to change their diaper and clean up after they “go.”

8. There is a reason the word contractor contains the word contract – take the time to write up a contract.

9. The carpenter’s creed “measure twice and cut once” is terrific advice.

10. Be forewarned that at some point the stress and mess of it all will magnify your worst personality traits.

Porter Acres is in the Gilbert School Dist. Elementry School is Houston and the High School in Gilbert High. Both very good schools and a high scoring school dist as well.

Here is a link to homes in Porter Acres and the surrounding area (85234)

If  you're interested in buying or selling a home in Porter Acres ,85234, or Gilbert please call or e-mail me today. I am a full time agent and would love to meet with you to discuss your needs.

Dave Bracklow        480-390-4310           Dave@DaveBracklow.com