Looking for a Second Home?

A vacation home or a retirement nest… whatever your reason for shopping for a second home, you're not alone

Second-home purchases have hit an all-time high according to the National Association of REALTORS®. Here are a few practical tips to help you make a good decision when buying a second home:

Needs and wants What’s good for your primary residence also applies to your second home – proximity to amenities and necessities, adequate space, solid construction, whether or not you like the community. Also consider how long you will own the property. Will it still fit your needs several years down the road?
Financing While it’s not inevitable, you should be prepared to make a larger down payment and pay a higher interest rate than you would for a primary residence. A second home carries greater risk for your mortgage lender, since you are more likely to default on a second home if you hit hard times. You may be able to keep your costs down by financing a portion of the second property with a home equity loan on your primary home. Home equity loans often have lower interest rates than conventional mortgages.
Home inspection A thorough inspection by a qualified professional is important before purchasing any real estate. Termites, carpenter ants, rodents, mildew, leaky roofs, inadequate septic systems and burst pipes from winter freezes are major concerns in some vacation areas.
Security, maintenance and insurance If your second home will sit empty for significant periods of time, hire a caretaker or recruit a neighbor to watch over the house and handle routine maintenance tasks. A tidy lawn, an empty mailbox and light timers can create a lived-in illusion to help keep interlopers away. Invest in an alarm system and monitoring.

Is purchasing a condo a good investment?

Condos are a great way to enter into homeownership. The high price of single-family homes and the influx into the housing market of more single homebuyers have made condos relatively hot national investments. Condos have been know to hold their value as an investment despite economic downturns.

Condominium associations have also worked hard in recent years to clean up their image. Associations have become savvier about property management and have taken steps to prevent legal problems and disputes.

Stop by Patio 71 to see what an amazing investment a condo can be.

Call us if you need additional information or want a showing - great homes in a great location of North Central Phoenix.

Sincerely,Deepak Verma
Team Advanta Real Estate
Keller Williams High Desert Realty
(602) 518-3587
dverma@teamadvanta.com
www.teamadvanta.com
www.teamadvanta.blogspot.com

Desert Landscape-It’s not just about rocks and cactus

Ten Eyck Landscape Architects have proven time and time again that the desert is filled with plenty of color and they did an amazing job at demonstrating the use of color among the desert landscape at Patio71.

Take a look at the photos below to see what truly beautiful job they did.

 

 

 

 

 

 

 

 

 

Contact us if you need additional information or want a showing - great homes in a great location of North Central Phoenix.

Sincerely,


Deepak Verma
Team Advanta Real Estate
Keller Williams High Desert Realty
(602) 518-3587
dverma@teamadvanta.com

www.teamadvanta.com

www.patio71.com

John Chonka designed Clubhouse-One of many amazing features you'll find at Patio71

The property at Patio71 is simply stunning. From the meticulously planned out landscape to the understated cool colors of the homes themselves, Patio71 truly is an oasis in the desert. The clubhouse, designed by acclaimed local
Architect, John Chonka, sits effortlessly amongst the homes and pool, and even though the building has such strong architectural features, it blends perfectly into the surroundings offering residents a relaxing place to cool off after a dip in the pool or the perfect space for a special event, not to mention a state of the art fitness center which is open 24 hours.

The clubhouse features:
-25 meter lap pool
-Gourmet Kitchen
-On-site fitness center
-Circuit & free weights
-Relaxing 12 person spa


Take a look at these photos and then stop on by to see Patio71 in person.





Contact us if you need additional information or want a showing - great homes in a great location of North Central Phoenix.

Sincerely,


Deepak Verma
Team Advanta Real Estate
Keller Williams High Desert Realty
602) 518-3587
dverma@teamadvanta.com

www.teamadvanta.com
www.patio71.com

FHA Financing Available at Patio71

We just received confirmation from US Bank that we'll be able to do FHA financing on the Patio71 condo's in North Central Phoenix. If you would like additional information on this program or have any questions, just give us a call.

Sincerely,

Deepak Verma
Team Advanta Real Estate
Keller Williams High Desert Realty
(602) 518-3587
(925) 886-3397 (fax)
dverma@teamadvanta.com

www.teamadvanta.com

www.patio71.com

Team Advanta Blog - find out what's happening in the Real Estate World

Exclusive Real Estate Sales Team for Patio71- Homes of the Biltmore Gardens

Patio 71-Homes of the Biltmore Gardens

Thank you for visiting Patio71 – Homes of the Biltmore Gardens. We are the newest patio home community in North Central Phoenix designed for the home owner that appreciates a modern, urban design but at an affordable price.
Patio71 was developed by Matix Development, LLC a well known developer in Chicago, Illinois. The goal was to provide cool, modern homes for the homeowner that appreciates location, style and community.

Each home includes upgraded features such as Pedini cabinets, Bosch Stainless Steel range, cook top and built in dishwasher, Fisher Paykal refrigerator, recessed lights, dual pane, low-e windows, washer/dryer hookups and granite counter tops. You also have a choice of wood or tile floors in the living rooms and wood flooring in the bedrooms.

This community was designed for someone that appreciates life without the hassles of home ownership. Large front terraces and back patios are standard in all of the units. The new, John Chonka designed clubhouse and 25 meter lap pool provides residents access to a great community center. Other community amenities included gated access, and an on-site concierge.

The surrounding amenities include canal access for daily jogs or bike rides, a 30 acre Granada Park, Squaw Peak park and access to some of the best restaurants that Phoenix, AZ has to offer. All of this just minutes from Patio71. The location really is wonderful.

Thanks again for visiting Patio71 – Homes of the Biltmore Gardens and let us know if there is anything we can do to support your home search.

Contact us if you need additional information or want a showing - great homes in a great location of North Central Phoenix.
Sincerely,

Deepak Verma
Team Advanta Real Estate
Keller Williams High Desert Realty
(602) 518-3587
dverma@teamadvanta.com

www.teamadvanta.com

www.patio71.com