Buying a home while simultaneously trying to sell your home sometimes comes down to timing. In a seller's market (like here in Lake Havasu), you may sell your home quickly. But finding a new home among the limited inventory available may take a little time. Plus, you might need to use the equity from your Havasu home sale to purchase a new property. In that case, you might want to include a rent-back agreement in your sales contract.

How a Rent-Back Agreement Can Help a Home Seller
What Is It?
A rent-back agreement is exactly what it sounds like. This agreement allows the seller to rent the home from the new owner for a specified period of time and amount of money per month. It also allows the seller to stay in the home while they look for a new one. Plus, it avoids the hassle of moving twice: into a rental property when you sell and then into your new home when you buy. Instead of finding a temporary home while you look for a new one, you pay the new owner a monthly fee (plus a . ...

Sunstone Real Estate Group at Coldwell Banker Realty, Lake Havasu City, AZ

Originally posted on our Lake Havasu real estate blog here: https://www.sunstonerp.com/lake-havasu-market-report-oct-2021/.

Sellers want to make their homes look their best. In doing so, they may use smoke and mirrors to mask problems from potential buyers. Whether you look at new construction or older homes, first-time buyers as well as seasoned home buyers need to keep an eye out for these warning signs when buying a Havasu home.

Warning Signs for the Home Buyer
Heavy Scents
Scents can help sell homes (think about the smell of baking cookies or spices boiling on the stove). But, if you see candles, wax warmers, and plug-ins in every room giving off a heavy scent, these could be warning signs that the seller wants to cover up some nasty smells. And those smells will be there for you to deal with once you take ownership of the property.
Bad Tiling Job
Check out the backsplash and tiles in the kitchen and bathroom. Look for crooked, uneven, or wide gaps in between tiles. In new construction, this may indicate poor craftsmanship. In existing homes, it could mean a bad DIY job. And that may mean spendin. ...

In just 10 days, we celebrate Halloween. (Don't forget about the Pumpkin Festival this weekend at Springberg McAndrew Park.) After you recover from your Halloween candy coma, you might want to eat something a little more substantial. Havasu restaurants offer a wide variety of tasty selections to choose from. But, the Havasu Food Truck Festival brings the best of the best in savory and sweet cuisine to one place for you to enjoy.
What: Havasu Food Truck Festival
Where: Querio Park (Quiero & McCulloch)
When: Saturday, November 6th, 2021 from 11 am to 4 pm
Admission: FREE
Contact: Stephanie Martin via email
Havasu Food Truck Festival
Food truck fare has come a long way since its humble beginnings of greasy fast food. Nowadays, some of the best chefs can be found cooking inside these mini-restaurants on wheels. From 11 am to 4 pm on Saturday, November 6th, five of the best food trucks in Lake Havasu come to Querio Park to feed everyone who shows up. Plus, for the adults, a b. ...

Have you bought your pumpkin yet for Halloween? No? Good! Once carved, they tend to decay pretty quickly. But, if you wait until next weekend, not only do you get a pumpkin, but you also support local youth programs. How? By purchasing your pumpkin at the Lake Havasu Pumpkin Festival 2021.
What: Lake Havasu Pumpkin Festival 2021
Where: Springberg McAndrew Park (Quiero Dr & McCulloch Blvd N)
When: October 22nd (5 pm to 9 pm) & October 23rd (9 am to 7 pm)
Admission: $5 per person ages 4+, Free for kids ages 3 and under
Contact: Lake Havasu Firefighters Charities (928) 453-8686 or via email
Lake Havasu Pumpkin Festival 2021
Lake Havasu Firefighters Charities host their annual Pumpkin Festival on Friday, October 22nd, and Saturday, October 23rd at Springberg McAndrew Park. In addition to choosing just the right pumpkin(s) for your jack-o-lantern carving, organizers planned a whole pumpkin "experience" for their guests. Activities include Halloween-themed arts and crafts, gam. ...