2024 July InMaricopa Magazine

HOME

most expensive HOME SOLD

appliances. However, the specifics of coverage vary among providers and plans. Deciding whether to opt for a home warranty involves balancing expenses against potential savings. Considerations like the property’s age and the condition of its appliances play a crucial role. Here are four concerns to consider before purchasing a home warranty: Slow response times. Home warranty companies are notorious for responding slowly to service requests, often causing frustration for your tenants. Imagine a home warranty company taking three days to respond to an A/C breakdown in the middle of the summer. These delays strain the landlord-tenant relationship and may lead to lease non-renewals due to inadequate maintenance service. Poor workmanship. Home warranty providers often utilize low-skilled labor to cut costs, resulting in subpar repairs that may require multiple visits for the same issue. Denied claims. Many home warranty contracts have a history of claim denial due

Maricopa’s #1 Realtor

Over 500 Homes Sold in 5 years

M ANY LANDLORDS QUESTION THE value of a home warranty for their rental properties. A home warranty is a service agreement designed to cover the costs of repairing or replacing household systems and Buying a home warranty? Consider these 4 things BY SHERMAN AND EUPHEMIA WEEKES

Dayv Morgan ABR, CDPE, CSSPE OWNER, REALTOR ® �

640,000 $

40866 W. Parkhill Drive

May 31

This five-bedroom, three-bathroom home in The Lakes at Rancho El Dorado has an open-concept kitchen, dining room and living room. The lakefront backyard boasts a covered patio, firepit, pool, dock and sizable turf lawn. It sold for $9,000 below list price.

to their complex terms and conditions. Some companies employ tactics to reject claims or shift blame onto tenants or landlords, while also imposing service fees to boost profits by paying out less than they collect. Time consuming. The long wait times to reach someone for a service call, along with the follow-up required to ensure repairs are completed, contribute to this. Additionally, tenants often waste time waiting for vendors to show up for repairs. When logging service requests online, most warranty companies take 24 to 48 hours to respond. The extended wait time is not ideal for urgent service repairs like an HVAC unit, especially during the summer with it’s 115 degrees outside. Instead of relying on a home warranty, some landlords allocate a portion of the monthly rent to cover repairs and replacements. The landlord can now choose his vendor, resulting in quicker responses and higher-quality work. This helps retain tenants, reducing turnover costs and, ultimately, long-term financial savings. If you have questions about this or other property management matters, please reach out. We’re here to assist you through the intricacies of property management.

Community: The Lakes at Rancho El Dorado Square feet: 3,296 Price per square foot: $194.17 Lot size: 10,605 sqft.

Days on market: 42 Builder: Meritage Year built: 2012

(480) 251-4231 • DayvMorgan@gmail.com MaricopaHomeSmart.com

Bedrooms: 5 Bathrooms: 3

Maricopa resident since 2006

2. 40753 W. Little Drive, The Lakes at Rancho El Dorado.............................$637,000 3. 22000 N. Sunset Drive, Cobblestone Farms..................................................$605,000 4. 41871 W. Capistrano Drive, Glennwilde..............................................................$541,000 5. 22335 N. Daniel Drive, The Lakes at Rancho El Dorado.........................$524,995

least expensive HOME SOLD

225,000 $

Quality Plumbing At A Fair Price

45004 W. Garvey Road

May 18

(520) 509-7948 • Gas Lines

This double-wide home on the newly paved Garvey Avenue in Maricopa Manor has three bedrooms and two full baths. The kitchen, dining room and living area are connected.

See Us For All Your Plumbing Needs

• General Plumbing • Reverse Osmosis Systems • Water Heaters • Water Softeners • Camera Sewer Lines, Blockages, Breaks & Home Inspections • Electrical Locating • Gas Line Locating • Electronic Leak Locating • Sewer Locating 24-HR Emergency service

It’s one of few properties in Maricopa with no home- owners association. It sold for $15,000 below list price.

Previous sales: $200,000 (2022), $95,000 (2018), $79,900 (2006)

• LOCAL NEWS • TRAFFIC • CALENDAR • ADVERTISING • BUSINESS DIRECTORY

Community: Maricopa Manor Square feet: 1,344 Price per square foot: $167.41

Builder: Unknown Year built: 1998

480-838-9558 crestpp@gmail.com CrestPPM.com 4625 S. Lakeshore Drive, Suite 300, Tempe

Bedrooms: 3 Bathrooms: 2

Lot size: 8,294 sqft. Days on market: 68

HOURS: Mon-Fri. 8am-5pm Sat.

Maricopa's Homepage Since 2004 Scan code to receive news alerts via text.

2. 18930 N. Dallas Smith Lane, Estrella Park..............................................$240,000 3. 46001 W. Tucker Road, Maricopa Meadows...........................................$250,000 4. 44809 W. Zion Road, Alterra South ...........................................................$265,500 5. 45794 W. Guilder Ave., Maricopa Meadows............................................$267,000 Source: MLS, May 10 – June 9

By appointment

ROC# 259533

44400 W. Honeycutt Rd. Suite 106 MyMaricopaPlumber.com