Daniel Reynolds, Realtor®
Broker Executives, Inc
Broker Executives, Inc
Looks like you are all over the place getting answers to your questions. It's been a while since showing you and Donna property in Sun Lakes and it was no problem keeping your portal open and search going since April 2008. But I see from your posts you are no longer interested in Chandler and in no hurry to purchase - looking for that perfect deal. Good luck wherever you land!
If you have any questions, concerns, or need me to preview a home for you do not hesitate to call or email me. Once you figure out the city or area you want to live in your decision will be much easier. Cash always talks and the negotiations are already in your favor. I think all of us on here would love to have you as our client and whoever you decide to choose I hope he/she takes good care of you and your wife. But you were right in your earlier post let the wife choose the area, it makes it much easier on us men when the wife is happy Good luck and I am only a phone call or email away. Also have a happy thanksgiving Michael.
Prudential American Associates
8930 E. Raintree Drive, Suite 200
Scottsdale, AZ 85260
What's more important is to find the right thing at a decent price. I don't have to worry about financing, unless I opt for a US mortgage if we find a property for use as a renta for a few years before we use it.
One can look at listings forever, but what is really needed is "boots on the ground" type of thing. We have seen some beautiful units, but when one looks around, there is some issues, like a big communal mail lock-box 3 feet from the master bedroom window, or worse, a bank of big air conditionners.
Here is a list of home listings in Scottsdale located from the McCormick Ranch area all the way north to the DC Ranch area. I have included single family homes and town homes ranging up to 300k. If you want me to preview any home for you, get you more interior/exterior pictures, and send you feedback do not hesitate to call or email me at firstname.lastname@example.org or through my website http://www.homesscottsdalefor.com. I did not include any short sales on this list.
Prudential American Associates
Yes it is a vacation property, not a main homestead. So we have a price limit not over 300k.... prefer below. I think we can get something decent in a patio home for around 200K this year; maybe even below.
We are well aware of the differences between Scottsdale and Sun Lakes. It's not a matter of affordability, it's that prices are much lower this year than last, no matter where one looks in Greater Phoenix.
I see great properties this year at prices in Scottsdale that were not available summer of 2008. Scottsdale is the premier area, no doubt about it.... but more value for one's money this year than last.
Like I said before, when we were there last time, some properties were not in line with current prices....like owners asking 250k for a property in a complex where the last unit sold the week before was 170k... same complex, same floor plan, same size, same features, etc. Owner not being realistic.
I'd have to be there to study the current market conditions to get a real grip on today's prices. Asking prices are one thing, sold prices are another. We'd be looking at an all cash purchase, so no financing involved.
There is an issue that the money must be in a US bank account 30 days before the deal closes. We do have an account set-up with Harris Bank when we are ready.
By the way, I've seen this kind of market before... Vancouver in 1982-86. It takes a long time to correct itself...
I understand that Sun Lakes is much more afforable than the listings I sent you. The difference as you know is location, location, location. You will always pay more for a better location and it will always be a better investment.
I wish you luck with finding a vacation home. There are some great deals right now, but just keep my advice in mind. If you need any help in Scottsdale or North Phoenix let me know.
Here are 38 alternatives you might be interested in (Other Canadian Buyers Love Them!):
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Yes these are fine properties, and that's the price range we were looking at last year, summer of 2008. However, I think this year we can probaly find comparable properties with much better pricing. I check listings daily for Sun Lakes... (I'm on the flexmls system for that area) and prices have softened significantly compared to 2008.
Your link page only shows one property: 885 N GRANITE REEF RD 54 Scottsdale, AZ 85257
You are right about a garage, since we would be leaving a US bought car there all year, so it must be sheltered. We are 15 minute cab ride to Vanouver airport from home and Scottsdale is also close to PHX, so we would be using cabs to get to the property. I have no intention of driving there.... those days are gone. Been there done that.
We have been all over AZ since the mid 70s, so are very familiar. Some places we haven't been to in many years so about time for another visit. We do love AZ. It is as different from the BC coast as one can get.
We are planning a 2 week stay at Xmas this year. Done it before.
Hello and welcome back to Scottsdale next month! By the way, I took the train from Seattle to Vancouver a few years ago at Christmas time. A beautiful ride and I love your city.
This is the perfect time to buy a condo, townhome or patio home in Scottsdale. You would be buying near hte bottom of the market.
I have provided you 64 condos, townhomes or patio homes to look at, priced at $150,000 (US) or less with garage parking (no carports) in Scottsdale on the following link: http://www.flexmls.com/link.html?ox84i81hpa5,12,1. Note, I have included pictures and details about each home.
Also, until the time that you return to Scottsdale, I have included a link about "Scottsdale living" http://www.arizonahomesland.com/liveandplayinarizona.html and another with pictures of beautiful Arizona sunsets http://www.arizonahomesland.com/arizonasunsets.html. Enjoy those images while up in Vancouver!
Feel free to ask me any questions about Scottsdale homes or living as I am a specialist in Scottsdale and. If you would like to see some more homes at higher prices or with other features, just let me know. I would be most pleased to help you. Regards, Jeff
Jeff Masich, Realtor®
Arizona Homes and Land
HomeSmart Real Estate
Taking everything you say into account, and knowing how familiar you are with FS and how much you like the area, there is only one place I know of that would give you a nice patch of ground (townhome) and is within walking distance. I just did a search and turned up a handful of homes in this neighborhood.
I would post it here, but one is so much better priced than the others, that I want to show it to a client I have coming in from California in a few days. Posting it here is likely to result in a "pending" status before I get to show it.
I would like you to see it because I think it is a neighborhood you would want to watch for future deals when the time is right for you.
If you want to e-mail me I will forward the link to you. No obligation. No other e-mails from me.
You can see that there are several helpful, knowledgeable agents here who would like to help you. I don't think you could go wrong with any of the agents in this message stream.
So, send me a note at email@example.com if you would like to see them. This well-priced one is in the $400Ks and others are higher, if that helps. But it is unlike any other neighborhood near FS, so it's a good one to watch.
Keller Williams Arizona Realty
Lisa, yes a patio home might be the answer.
Carmelle, yes I speak French. We have already narrowed out search to 2 areas, Sun Lakes (my choice) and Scottsdale (my wife's). Having been married 40 years, I think my wife will win. Therefore, Scottsdale it is. Gated is a must as we will only be there 6 months of the year. I keep Scottsdale temp. on my main page of my computer. Been there many times, winter and summer, so am aware. Best part is mostly always sunny, and dry.
Patrick, you are right. we were actively looking in the summer of 2008... lots of inventory. Big issue is the market crash over last winter... cost me plenty and now trying to make it back. Major changes in the NA economy since summer of 2008.
Stephen... we looked at various options for purchase. We are not ready to retire yet, but in the next 5-8 years we will. Our accountant said best would be to get US financing IF we were going to rent it out for a while, as we would have to file for US income tax for the rental income. However, since financing is tight these days, and I talked to various people involved with US financing, I did not like the terms... for example, I would have to guarantee that whatever cash I had in the bank would not change. Wasn't happy with the terms.... too many hoops to jump through... I can either pay cash or finance it from Canada. But it is all a tax question here for us.
This is an example of what you might be looking for.
Check this link - you might have to paste it in the url address. This happen to be one of my listing. No HOA in McCormink Ranch, close to all amenities. Manicured neighborhood, keep in mind that I don't know your price range but this is a good example of a property that could suit your needs. The house has been totally remodeled and easy to care for. All you need there is a landscaper and I can check on your house every other week when you are out of towm to make sure all is OK.
Enjoy your Sunday. Carmelle
Prudential American Associates
P: 480.458.8007 | http://www.homes-paradisevalley.com
(Apologies for Michael, earlier) If your wife would like to walk to restaurants and shopping, that really helps narrow things down.
There are three key areas I would recommend that you consider: homes near Scottsdale Fashion Square, homes near Kierland Commons and homes near DC Ranch Market Street. The first two are major shopping destinations, the third (DC Ranch) is more of a quaint neighborhood retail center, but has excellent restaurants (especially The Herb Box). This as close as we get to an NYC feel, but with Arizona flair.
Homes near these are primarily upscale condos/townhomes. You can never truly know the health of an HOA until you narrow your focus and call to get info from those on your short list.
There are other great neighborhoods in North Scottsdale to consider, but if you want to walk to retail and restaurants and enjoy an urban feel, I think everyone would agree these are the top contenders.
If you'd like to know more, I can post listings here for you to consider. But if you want to do your own looking or drive through these neighborhoods once you get here, these are great places to start.
Keller Williams Arizona Realty http://www.scottsdaledealfinder.com
I think either a small house, townhouse or a condo with less than 2,000 sq. feet, and minimal maintenance would fit the bill. And low taxes, close to all amenities. We saw some before.... but I worry about the HOAs if the market situation continues to deteriorate. One could get into a condo situation after purchase where the complex fills with foreclosures, then rentals, then the HOA goes broke... and you can't sell it. A veritable nightmare.
We looked in Sun Lakes, but my wife feels that is way too isolated... but I love the type of homes there... set up for retirement living, desert landscaping, 2bd/2bth... just the right size.... but she likes to walk to the store or restaurants. She is more of an urban gal... NYC style.
We have looked in North Scottsdale several times, and there are many condos that are acceptable to her, but I would still prefer to own my own little shack on a lot, as the saying goes. More control.
All options were more expensive last year... getting cheaper this year. I don't know the real market just by looking at MLS, that's why I am asking, trying to get a feel for it before we come down.
It's easy to buy a house, we've bought several... the problems come if it is not planned right.
Ca me fait toujours plaisir de commumiquer avec un compatriote.
Vous devez surement parler Francais??? Je suis native de Quebec et je suis en Arizona, plus precisement Scottsdale, depuis 1983 et un agent d'immeuble depuis 1995. J'ai vue notre belle Vallee du Soleil evoluer d'une ville "countrystyle" a une ville unbaine/contemporaine.
It is always my pleasure to communicate with a fellow Canadian. i am from Quebec and residing in Scottsdale since 1983 and a realtor since 1995. I moved from Vancouver to Scottsale. I used to live on Hornby St. by Grandville bridge. I loved it. All I had to do is crossed the street and I was in Stanley Park for a good jog or just to enjoy the scenery. I was just there visiting last August. WOW!!! Talk about a change with all the glass high rises, I was blown away. I should visit more often.
As for our Valley, I saw our beautiful Valley of the Sun metamorphosing from Country Style Living to a Contemporary, Urban Living. I love Arizona, it is a state that has so much to offer.
Back to your question... All liens are paid at Close of Escrow. If it is a short sales, then, the sale addendums will states who is responsible to pay the HOA past due fees. Sometimes it is paid by the lender/seller in full, sometimes it is split between the lender/seller and buyer, it all depends. If it is a lender owned, then the property should be free of liens(HOA and others) upon foreclosure by the bank.
Our condos, townhouses market is plentiful. Going "broke" is overstating. I will say that we are in a distressed market where the value of the homes have come back to a more realistic market value. The bubble has burst and it is to the buyers advantage. You are right, our market is mostly foreclosures, short sales but we still have regular sales as well.
In the condos, townhouses, you have much to choose from starting at $100K into the millions. It's all about the location and the features you are looking for. Do you know the location you would like such as, Scottsdale, Phoenix or other suburbs? Would you be a cash buyer or would your require a loan?
It would be my pleasure to send you properties that meet your needs based on the followings:
Price, location (if you know, if you don't let me know your lifestyle and what surroundings are important to you and I will send you properties accordingly), square footage, how many bedrooms, bathrooms, great room style floor plan, all on one level or 2 levels, if one level can it be on the second, third floor, etc, attached garage, underground garage or covered parking, gated community or not, golf course community or near golf courses, etc. Please feel free to add any of the features you are looking for.
Upon receiving more details as to what you are looking for, it will be my pleasure to send you listings that match your needs. I understand that you are at the first stage of your search and that you are not in a rush.
Please feel free to contact me at firstname.lastname@example.org or on my cell at 602-321-4533.
Enjoy your Sunday. The sun is shining here and it is in the low 70s.
Forgot to mention that HOA/Strata fees in these single family neighborhoods are often on par or less than the fees of some condo complexes. Amazing, but true.
Also, if you still want to go condo, check if the complex is a "conversion" from apartments or built as a condo. There can be differences in quality.
Keller Williams Arizona Realty
It is a buyers market. Here is a list of the 1500 plus currently for sale
If I were a Canadian buyer I would wait until June, July, of 2010. That`s just my opinion.
There is a large "Shadow market" of bank owned homes. I expect more in the beginning of 2010, again just my opinion.
Again waiting until Scottsdale is cooking at 115 degrees with a larger inventory will be to your advantage.
Of course several factors play into each purchase.
Come on down, enjoy the weather. Find the exact area and complex you want, and wait.
Just my opinion
As someone who is used to owning a home, you might be surprised to learn that you can often get a better deal on a single family home in Scottsdale than you can on a condo.
On Friday I helped a couple from Vernon close on a home in an exclusive gated community in North Scottsdale. The home was bank-owned, had 2500 square feet, a 3 car garage (great for their ATVs) PLUS a heated pool and spa. They weren't sure they were ready to buy, but I found them such a good deal ($386,000) that they knew they had to act before someone else snatched it up.
I have seen several smaller (under 2000 square feet) homes priced in the low $200Ks and even one at $175,000. Naturally these go under contract quickly because people like you are represented by agents like me who know how to get their clients to the best deals first. Note: These are all nice homes in nice neighborhoods that I would be proud to live in myself. You have to have an agent who has their pulse on new listings and "back on markets."
(Note of caution: While banks bring foreclosed homes to the market at fire sale prices--not every bank owned home is a bargain.)
These single family neighborhoods often have more financially healthy HOAs because there is always someone new who wants to buy in such a desirable neighborhood.
I specialize in helping Canadian buyers find great vacation homes. If you'd like to see the kinds of homes I mean, visit my site: http://www.scottsdaledealfinder.com.
Happy home hunting! This is one of the best times to buy in Scottsdale in recent memory.
Keller Williams Arizona Realty