About Chris and Cheryl

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Chris and Cheryl Park Realtor photoChris Park started his real estate career in 1993 in California, working for a top appraiser, analyzing reports and managing the marketing of their appraisal publications. In 1998 Cheryl became a mortgage loan originator as Chris continued to work as a marketing manager in publishing.

In 2001 Chris joined Cheryl as a loan originator and then received his mortgage broker license. They worked together as a highly successful team utilizing Chris’ extensive marketing experience to build their business.

Cheryl Park has been a licensed realtor since 2005. In 2009 she started working for prominent attorneys negotiating short sale transactions. Chris began working as a relocation consultant for major corporations moving their employees across the country and assisting them in the sale of their homes.

Having closed hundreds of real estate transactions over the years, Chris and Cheryl bring their unique background in mortgage financing, short sale negotiation and relocation home sale to their real estate business.

Residents of North Scottsdale, they understand the appeal of the Sonoran Desert and want to help their clients find their own piece of the “most beautiful desert in the world”.

When you’re ready to sell or buy your next home, call Chris 480-754-9077 & Cheryl 480-754-9477!

Honest, Straightforward And Ready to Rock – 5 STAR REVIEW

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“My husband and I are were referred to Chris after we had a terrible experience with another agency. My husband and I were ready to give up on the home buying process because it had been so stressful for us. Thankfully we took a chance and let Chris guide us through the process of yet again house hunting. Chris really listens to us, he was honest, straightforward, ready to rock at our pace. No pressure, no hounding about decision time on a home. Because Chris was so patient with us, my husband and I are now in our first home! Chris made the process so easy for us, I really give my hat off to Chris for his hospitality, honesty and for being a man of his word.”

-ZILLOW 5 STAR REVIEW

Why are Assessed Value and Market Value Different?

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It’s important to understand what your home is worth when you are considering selling. Knowing the value of your home gives you an idea of how much you could list your home for. It also plays a part in determining how much property tax you’ll be required to pay. There are different valuations of a home’s worth and you should understand the difference between market value and assessed value.

Assessed value puts market value in the context of property taxes and is based on the laws of the state or county in which you live. The assessed value is calculated as a percentage of the market value of the property. The assessed value is determined by an assessor’s office. Some offices have databases open to the public for you to see the history of your property, as well as what information what factored into its assessment.

Market value is used to determine how much a buyer would be willing to pay for your home. An appraiser determines the market value and is usually hired by your lender. Market value is a vital tool in helping to decide what price to list a property for. Often sellers want to list based on what they feel a buyer should want to pay. However, it is better to list a property based on current market conditions. Market value is based on recent sales of similar homes in the area, along with other factors.

Have more questions about your home’s value? Feel free to send us your questions!  We are always willing to answer any of your questions so that you can feel comfortable with the home buying or selling process! Contact Us

Click here to get your FREE home value estimate!

home value

Packing Tips and Tricks

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Our comprehensive guide of packing tips and tricks for your next move!

moving boxesBefore You Move

  • If possible, clean the bathroom and kitchen in your new place before you move in.
  • Designate a donate pile for all clothing and items that you don’t want to take with you, then schedule a pickup with the Salvation Army or Goodwill. Don’t forget to ask for a receipt to claim your donations as a tax deduction!
  • Measure all your furniture. If a piece of furniture can’t fit in your new home, donate or sell it!
  • For the 2-3 weeks leading up to your moving day, plan your meals around whatever frozen food, perishable items, or half open containers that you have around the kitchen. You can also donate your unopened nonperishable items to a local food bank!

Save Time and Money When Packing

  • Ask local retailers and businesses for their gently used boxes.
  • While your clothes are still hanging in the closet, put them inside a trash bag to make unpacking simpler. Use laundry baskets, trash bins, and suitcases as boxes.
  • Instead of bubble wrap, protect your dishes and fragile items with clothing and linens.
  • Place glasses inside clean socks for extra padding.
  • Write the contents of each box on the box, or on an inventory list. 
  • Label the sides of boxes so you can read the labels even when the boxes are stacked.
  • Unpack your boxes by room to prevent constant back and forth trips around the house, especially if you have stairs!

BONUS Packing Hacks

  • Snap a picture of the back of your TV and other electronic devices before packing them up. That way, you know exactly which wires go where when you’re setting up in the new place!
  • Put knives inside an old oven mitt to prevent injuries.
  • String electronic wires through paper towel rolls to avoid tangled messes.
  • Put jewelry in egg cartons to keep your necklaces from knotting and tangling.
  • Place a cotton ball in makeup compacts to keep them from breaking. Use rubber bands to keep pots and lids together.
  • Stack plates vertically to prevent them from breaking and put a styrofoam plate between plates for extra protection.
  • To keep toiletries from leaking during transit, put a piece of plastic wrap over the opening, then screw on the cap.

When you’re ready for your next move, we’re ready to help you sell or buy your next home! Chris 480-754-9077 & Cheryl 480-754-9477

 

Closing Costs Explained

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home soldMost anyone who has ever been involved in buying a house, or even watched a few real estate shows on HGTV, is familiar with closing costs. But what exactly are closing costs? Here’s a quick rundown of these additional fees.

Closing costs are additional fees associated with processing the mortgage and are not paid to the mortgage company. Generally speaking, closing costs are assumed by the buyer of the property (VA mortgages are one exception to this rule) and are paid at the time of closing of escrow. The bulk of closing costs is comprised of the lender’s fees. These fees include the appraisal fee, which is an independent assessment of the value of the property being purchased, as well as the credit report and any property taxes. The lender’s fees also include mortgage and homeowner’s insurance, as well as any flood certification and pre-paid interest charges. These fees may also include origination and discount points depending on your lender, as well as loan application and loan processing fees.

Title fees are also part of closing costs. These fees include the title service fee, which covers the handling of title documents and funds, as well as half of the settlement and escrow fees, which cover the fees for the title search and examination.  Finally, title fees also include any title insurance. Recording fees are another part of closing costs and include recording fees, transfer taxes, and an affidavit of property value. HOA transfer fees and HOA dues are typically also included within closing costs.

While this is a brief overview of closing costs and is by no means a thorough list, we hope this sheds some light on these necessary real estate transaction fees.  Every transaction is different, and while we am unable to give legal, tax or accounting advice, we look forward to helping you navigate your own process with ease and clarity. Feel free to call us with any additional questions! Chris 480-754-9077 & Cheryl 480-754-9477

How We Market Your Home

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sold signFrom providing and reviewing current market information to help you make a pricing decision to offering helpful input on preparing the home to go on the market, we will walk you through the process of getting your home listed and sold. We will answer any questions about the process and go over the paperwork, including the purchase contract so that you are prepared when you receive an offer.

Once listed, your home will be viewed on over 500 websites around the world.  We will reach out to the 1,900+ agents around the Valley to let them know about your listing and follow-up with all agents that show the home.

We will assist in offer negotiations and once an offer is accepted we will stay on top of the timeline and provide you with a calendar of critical dates. We will remind you of the process going forward.

Whether buying or selling, we make it a point to be available to our clients. Many agents are too busy to answer their phones. Our clients know that if they get our voice mail, we are on the phone or in a meeting but that they will receive a phone call back as soon as we are available and always the same day. We understand that the process can be stressful because there is a lot of chance involved. We strive to be helpful and available to you throughout this process.

We believe in the value of homeownership. For many people, it is part of their dream to provide stability and comfort for their families or a second home away from home. And as time goes on, a comfortable place to retire.

We are fortunate to live in such a wonderful place that appeals to people from around the world. Let us help you realize your real estate goals.Give us a call today to learn more! Chris 480-754-9077 & Cheryl 480-754-9477

Homebuying During Covid-19

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With mortgage rates at all-time lows and an uncertain future due to the current Covid-19 pandemic, is now a good time to buy a home? It may feel contradictory to purchase a home at this time, however, for people who feel confident about their job security and finances, this might be the perfect time to buy.

Why Making the Move Now May Be Right for You

House hunting during the coronavirus can have its benefits. There may be less competition for the houses in the areas where you might be planning to move, and sellers may be more motivated to sell or more flexible on price. Once the crisis passes, there may be more house hunters back on the market and prices may escalate due to a more competitive market that benefits sellers rather than buyers, so taking a few steps forward now will put you ahead of the game.

Get Preapproved for a Mortgage

When you do find the home of your dreams, being preapproved for a mortgage proves to the seller you are serious. It’s possible to get preapproved online through some banks. Mortgage preapproval is a letter from a lender that indicates how much you are qualified to borrow from the lender, at a specific interest rate.

Use This Time to Research the Market

Despite the decrease in the number of newly-listed homes, there are still excellent options in property listings. This is a time to research the market and find your preferred property in a community you like. Take this time to expand your search to other surrounding neighborhoods that might have homes with excellent value for money, amenities, and facilities.

As you spend more time at home, it’s an opportunity to assess your current home and determine the level of functionality and comfort it offers you. That helps in knowing your priorities when searching and, consequently buying a home.

Virtual Home Viewing

Many real estate agents post virtual tours of properties for sale on their websites. When you take a virtual tour or attend a virtual open house, you can get a realistic view of the property. Then, with a click of the mouse, you can see all the details that are important to you. In addition, by touring homes virtually, you can see many more than would be possible in a single day with your real estate agent.

Prepare Your Home For Sale

While entertainment, sports, and other social events are canceled, take advantage of this while to prep your current home for the market. Preparation may include anything from mowing the lawn, exterior repairs, tidying the gutters, and decluttering the interior.

Start with a DIY approach to reduce expenses before calling the professionals. Do an online home improvement search to note the additional décor that can enhance the visual appeal of the home.

Do you have questions if now is the right time for you to buy? Call us today, we’d love to help answer all your questions and find your new home when the time is right for you! Chris 480-754-9077 & Cheryl 480-754-9477

Summer Home Maintenance

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Summer is in full swing and now is good time to inspect your house to see how your it is doing in the summer heat. Here’s a quick list of 7 summer home maintenance tips and projects you can do to spruce up your home and keep everything running smoothly throughout the year:

Attic Inspections

Attics can be claustrophobia-inducing, but it’s a good idea to brave those tight confines at least once a year. You want to check your attic for any indication of pests or insects, water leakage, mold or mildew.

Rain Gutters

It’s easy for desert dwellers to forget about checking the rain gutters. Gutters can become clogged with dirt and grime, especially after a monsoon season so it’s a good idea to flush out your gutters with the hose at least once a year.

Washing Machine Maintenance

Your washing machine is one of those appliances that needs some light maintenance every now and then. When your washer is not in use, inspect the seal between the door opening and the drum for areas of soil buildup or any stains. If you find any, you can clean it with a mixture of ¾ cup of chlorine bleach and a gallon of warm water. Wipe the area with the bleach-water solution and then let it sit for about 5 minutes. Then wipe dry with a clean cloth, and let it air dry. This will remove any odors and keep your clothes from getting stained by dirt deposits inside the seal.

Clean the Garbage Disposal and Dishwasher

This home maintenance tip isn’t necessarily just a summer chore, but it’s important reminder to clean out your garbage disposal and dishwasher every once in a while. You can easily clean out your garbage disposal by flushing it with hot water and some dish soap. To clean your dishwasher, you should add 2 cups of vinegar to the bottom of the machine and run the machine on low wash.

Wipe Down & Clean Baseboards

Baseboards are often overlooked when it comes to weekly cleaning, but it’s something you will want to do at least once a year to keep dust and dirt from building up. A damp cloth and a little extra time is all you need to clean up the trim around your home.

Wash Exterior Windows

Summer is a good time of year to wash your windows from the outside. Simply fill a bucket with hot soapy water and get scrubbing. If you wash your windows more than once a year, you may be able to get away with just using Windex, but a bucket of soapy water and a sponge will usually deliver the best results.

Clean or Replace Window Screens

Washing your exterior windows won’t make much of a difference if you don’t also wash your window screens. Take off all your window screens to your house and gently scrub them with hot soapy water. If your window screens are too dirty to be cleaned, you may just want to replace them.

Easy Offers to Sell Your Home

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online shoppingAre you ready for instant offers to sell your home? Currently, there are many companies ready to make very competitive offers on your home. They buy it, turn it around, and sell 30-90 days to the public for a tiny profit. In return, you get convenience and a speedy sale!

-Multiple competitive offer
-No showings or open houses
-No negotiating with buyers
-Skip the cost and time getting your home market ready
-Freedom to move on your timeline
-No strangers and REALTORS® walking through your home
-Close quickly and get equity from your home in as little as 7 days
-No risk of two mortgage payments
-You pick your closing date

We know companies who will buy your home directly at a competitive price. You will get a real listing valuation and solid offers within 24 hours of me viewing your home. We will then help you break down and compare your options to see which works best for you and negotiate all offers for you so you get the best price and terms.

Contact us to schedule an appointment to price your home, get photos taken, and submit it to the companies who will buy it from you! Chris 480-754-9077 & Cheryl 480-754-9477

Showing Homes During the Coronavirus

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hand sanitizerThe Coronavirus is having a mixed impact on the housing market. It may be decreasing buyer traffic, yet it’s also not deterring some home buyers and sellers from taking advantage of the lowest mortgage rates in history.

To help keep our buyers and sellers healthy during this unprecedented pandemic, we have adjusted and added some procedures when showing homes:

-All of our open houses have been suspended. For now we will only doing private showings of homes to one person (or couple).
-While we am only doing private showings, we will ask buyers to meet us at each home instead of driving with them.
-We will do our best to arrive before each showing to open doors and windows to minimize door knob touching and allow fresh air inside. we will also sanitize door knobs, counters and other high traffic touch areas before and after each showing.
-Additionally, we will have hand sanitizer and gloves, or ask clients to place their hands in their pockets as they tour the home.
-We will also be using video chats for virtual tours and walkthroughs so our clients can social distance themselves by while still allowing them to see new homes.

Please don’t hesitate to reach out to us with any questions you have about how the Coronavirus/Covid-19 may be affecting the Arizona real estate market. Chris 480-754-9077 & Cheryl 480-754-9477