In 2019, many people are striving to achieve their dream of owning their own home and getting a step up on the proverbial “property ladder.” n Arizona, there are many great locations to purchase a home in and start a family. In this state, one of the most popular locations right now for homeownership is Maricopa County which is the most populated county in the state.

Here, we are going to look at Maricopa County in more detail and give you some of our best tips to help you achieve your dream of homeownership. Keep reading to find out more.

Maricopa County

If you aren’t familiar with the growth of Maricopa County then you should know that for the third year in a row, this county has had the largest population growth according to the U.S. Census Bureau. This is interesting because it shows that this part of Arizona has a lot to offer those who are starting families and want to set up their future here. As of April 2019, Maricopa county had 4,410,824 residents and is still growing monthly.

So, why is Maricopa County growing so much? Well, this area has plenty to do and features some pretty impressive natural landmarks. In Maricopa County, you’ll find Phoenix, Mesa, Chandler, Gilbert, Tempe, and Scottsdale which are known worldwide for their desert spas, golfing and naturally stunning scenery. On top of this, there are plenty of opportunities for businesses to grow in Maricopa County.  With such a large population and plenty of resources, Maricopa County makes a great place to live.

So, how do you get in on a slice of the action and buy your first home in Maricopa County? We have put some of our best tips together below.

Taking Out A Mortgage

Usually, the first step in achieving your dream of homeownership is to take out a mortgage. This can be quite a large commitment and so you need to make sure that this is the place that you want to live. Arizona is a big state and so there are plenty of other great locations that might be more suitable for your family. If you are sure about your move to Maricopa County, then you may want to find a lender.

To get a mortgage to cover the price of your new home, you will need to make a down payment. This is usually a percentage of the price of the property and will usually stand at around 10-20%. This can depend on the kind of mortgage that you are applying for and the price of the property. Finding the money to pay your down payment can be tricky but you simply need to save up to make sure that you can make it, or your mortgage might not be approved.

When taking out a mortgage, you are also going to need to consider how you are going to pay for the monthly installments. Many people use their salary to do this but did you know that you can also pay mortgage with credit card? Some credit card companies even offer cashback and sign up bonuses for making payments with credit cards so this might be something that you want to look at.

Hire A Real Estate Agent

Another tip that we have for those who want to invest in their own property in Maricopa County is to hire a real estate agent. While it is possible to look for a property yourself, you might find that you miss out on a great property by not hiring a real estate agent. There are so many properties in Maricopa County up for sale every month and a real estate agent can consider your needs and your budget in order to help you secure the right property.

If you are planning on hiring a real estate agent, then you should also make sure to do some research on them and make sure that they can be trusted. They will probably direct you to some specific homes but make sure that you visit a few to get a real understanding of what kind of property and price point that you want.

Make the Right Offer

Our final tip for those who want to achieve their dream of becoming a homeowner is to make sure that you are making the right offer. Real estate prices in Maricopa County are going up so you need to ensure that you are aware of what is reasonable so that you can afford your dream property.

When sending over an offer, you need to make sure that you include everything from the terms to your offer price and proof of your funds for the down payment that you are going to make. You can find out more online about how to create the best offer package in order to secure the home.

Key Points

Maricopa County has a lot to offer and the growth that it has seen proves that this is a place that you might want to move to in the future. Follow our tips to achieve your dream and buy your first property in this county.