Valley of the Sun Real Estate Show
The show about anything and everything YOU need to know about YOUR Real Estate needs in Phoenix Arizona and surrounding areas of the Valley of the Sun.
7 warnings for Buyers to Follow

In this episode of Valley of the Sun Real Estate Show I will be going over 7 warnings that buyers should be aware of to have a successful smooth transaction. Too many times I see a buyer who is not prepared for what is ahead of them when purchasing a home in the Valley of the Sun Phoenix Arizona. This will help to prepare you and what you should be doing to ensure that you have the success you are looking for when purchasing a home. 

Direct download: 7_warnings_final.mp3
Category:Busines -- posted at: 3:28pm PDT

All about Condos in Phoenix Arizona

In this episode I will be joined by Kalencia Sanders and we will be going over the changes we see in Phoenix housing and how condos are a big part of that change. 

I am seeing some changes in Phoenix Real Estate more specifically the condo market. So in this episode I will be joined by Kalencia Sanders and we will be discussing the changes and what you as a home buyer or a home seller can expect if you are in the market to purchase a condo. We will also be be commenting on some recent comments that Mike Orr has said about the condo market and what it may mean for the future of Phoenix housing. Join us it should be informative conversation.

Direct download: all_about_condos_final.mp3
Category:Busines -- posted at: 1:10pm PDT

All YOU need to know about the Home in 5 Advantage program for Down Payment Assistance

In this episode of Valley of the Sun Real Estate Show I, Jayson Bates, will be covering all you need to know abbbbout the Home in 5 Advantage program for Down payment assistance and closing costs in Maricopa county. If you are looking for a Home and need help with a down payment or closing costs this is a great alternative to help you get into the home of your dreams.  

If you have any other questions regarding this program or others you can always reach out to me I would love to hear from you. 

You can check out the rates for the Home in 5 program by following the below link. 


If you have any questions about the program you can follow the below link and find all th eanswers toyour questions or you can call me and I would be happy to help. 


Jayson Bates


Direct download: Home_in_5_Advantage_final.mp3
Category:Busines -- posted at: 2:18pm PDT

Are YOU Ready to Purchase a home in Phoenix?

Before you snatch a great buy on a home you love, your first question should always be: "What can I afford?" These are some tips to help you get prepared and ready to purchase your 1st home.

Calculate an Affordable Payment

The 43% debt-to-income ratio or DTI rule is generally used by the federal housing administration (FHA) as a guideline for approving mortgages. This ratio is used to determine if the borrower has the capacity to repay the mortgage; it often changes depending on market conditions.

For example, if your monthly gross income is $4,000, multiply this number by 0.43. $1,720 is the total you should spend for debt payments including housing. Now, let's say you have monthly minimum credits card payments of $120, a car loan for $240 and student loans for $120. By this rule, you have $1,240 per month you can afford for housing.

Factor Budget Items Beyond Debt 

It is not just the house paymant that you will be paying. 

Play House, Financially

Save money for down payment. CASH IS NOT KING. the money needs to be in the bank for the lender to be able to use it. 

If you can handle these extra payments without sweating extra credit card debt, you can afford to buy a home - as long as you have saved up enough money for your down payment.

Don't Buy a Home Based on Future Income

Raises don't always happen and careers change. If you base the amount of home you buy on future income, set up a romantic dinner with your credit cards. You're going to end up with a long-lasting relationship with them.

Down Payments

It's best to put down 20% of your home price to avoid paying private mortgage insurance (PMI). PMI can cost an extra $50 to $100 per month of your mortgage, sometimes more and sometimes less. But a smaller down payment won't cost you buying a home. You can buy a home with as little as 3.5% with an FHA loan.

While there are a lot of benefits to a larger down payment, don't sacrifice your emergency savings account completely to put more down on your home. You could end up in a pinch when an unexpected repair arises.

When to Buy a Home

Ideally, you should buy a home in the opposite season from the best activities in your area. 

Finding the perfect market conditions to buy a home is a little harder and riskier. You could decide to wait to buy a home because prices went up, but then prices go up further and you can no longer afford a home in the area you want. As long as you plan on living in your home for 10-plus years, buy a home when you want to and where you want to, as long as you stick to your affordable payment range.

Planning to Stay Put

If you can't estimate what city you are going to live in and what your 10-year plan is, it's not the right time to buy a home. If you want to buy a home without a 10-year plan, buy a home that is priced much lower than the maximum you can afford. You'll have to be able to afford to take a hit if you have to sell it quickly.

You can always reach out to Jayson Bates by emailing him at or by calling him directly at 602-573-3101

Direct download: Tips_for_1st_time_buyers_final.mp3
Category:Busines -- posted at: 11:41am PDT

4 Facts to get you off the Fence to Purchase a Home In Phoenix Arizona

In this episode of Valley of the Sun Real Estate Show I will be going over some facts that if you are on the fence about buying a home this information should move you off of that fence.

You can reach out to the show by calling me at 602-573-310 or emailing the show at or you can check out other episodes at

Fact 1: Equity opportunities are floating away

Even in this post-crisis era, for most, a home purchase is about more than just securing a place to live. It’s an investment. Make sure you use this interest point in your counseling and explain that those who wait to buy waste their returns.


Fact 2: Dream homes could soon price out of reach

Good news for the economy means that the pressure to act is on for buyers. According to NAR’s Chief Economist Lawrence Yun, asking prices have risen 25 percent over the past three years, job gains are driving the headlines, and these two elements are pushing consumer confidence to a recent high.


Fact 3: This year’s raise probably won’t be enough

Even the smallast price increases will almost surely outpace income growth… and, the strengthening economy and the Fed’s response could push up mortgage rates.

Fact 4: Buying stabilizes the budget

No matter what the mortgage rate, price, or region, buying is a great way to stabilize housing costs. When you’re talking to prospects considering major life changes like growing families, a new business on the horizon, or other major expenses, now is the best time to buy if they do it right.


It sounds crazy, but these facts really show that today’s opportunity is no joke and won’t last forever.

Direct download: 4_facts_final.mp3
Category:Busines -- posted at: 10:46am PDT

Aug 1, 2015 CFPB mandated changes to the GFE, TIL and HUD-1 Settlement Statement

In this episode of Valley of the Sun Real Estate Show I will be going over the upcoming changes the CFPB have manadated to the GFE, (Good Faith Estimate), TIL (Truth in Lending) and the HUD-1 Settlement Statement. Sometimes change is good and this is one of those times. Find out why this is a good thing for the consumer and what the changes are.

If you have any questions or comments you can email the show at or call Jayson directly at 602-573-3101

Direct download: Changes_to_the_GFE_and_TIL_final.mp3
Category:Busines -- posted at: 1:45pm PDT