Property Q&A in Scottsdale>Question Details

hschroeder08, Other/Just Looking in Phoenix, AZ

Why are they offering no closing costs and is there any requirements to purchase this home? Why are they not showing the map of location and address?

Asked by hschroeder08, Phoenix, AZ Mon Apr 23, 2012

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This question is about this property: http://www.trulia.com/property/3070984354--2720sf-Scottsdale…

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I can't find it on the MLS but it looks like it is from a builder that hasn't built the home yet. Not all listings advertize offering closing costs, you have to request them. Most home sellers realize that they will most likely have to pay closing costs for a buyer that is getting financing. The only problem with that is now you are competing against cash buyers, especially at that price point. The market has dramatically turned from a buyer's market to a seller's market. If you are actively looking for a home now, be prepared to make quick decisions and make informed offers based on the comps. It would be wise to get the help of a seasoned buyer's agent too. Good luck.
0 votes Thank Flag Link Mon Apr 23, 2012
You received good information on this newly constructed home. If you would like to see where this and other new builder homes are located in our area on a map, please check out
http://centralazhomes.com/phoenix-scottsdale-new-constructio…
and
http://centralazhomes.com/phoenix-scottsdale-new-constructio…
and
http://centralazhomes.com/phoenix-scottsdale-new-constructio…

These three separate portals into builder new home data bases provide the most extensive access to , specification, floor plans, new home coupons and more.

Regards,
Loren Hoboy-Realtor
Central AZ Real Estate
Your Local Expert
623-688-0004
0 votes Thank Flag Link Mon Apr 23, 2012
Hi HSchroeder08!

It looks like the property being advertised is a new build, which could be why there is no specific address. More than likely that floorplan can be built on multiple lots.

Also, what they mean by "No closing costs" is that they may be able to offer you seller concessions that would cover the fees that would normally be charged to purchase a home. These fees typically include things like loan origination fees, title fees, escrow fees, etc.

I sold newly built homes for over 5 years, so I know firsthand that there are a lot of ways you can structure a purchase agreement with a builder to make the purchase work for you! I'd be happy to share my ideas and experiences with you!

If you are interested in properties like this, please e-mail me and I would be happy to send you more detailed information about this home and other similar homes in that area!

Happy house hunting!

Tara Viksne
Tara@PhoenixHomeScope.com
SRL Group
602.332.0520
0 votes Thank Flag Link Mon Apr 23, 2012
This is a brand "new build." Most builders will offer incentives and you can use the incentive toward your closing costs. There are always financing requirements when purchasing a new build just like when purchasing any home. They are not showing the location and address since it is a new build. Realtors will work with buyers and take them into a new home subdivisions. This way we can give representation to our clients (buyers). It is always wise to have representation when building a home. We represent buyers looking for new homes, but the buyer doesn't pay for this representation. The builder will compensate us for bringing you in, so it is a benefit for the buyer.

The best thing for anyone looking for a home is to find a experienced and qualified Realtor to assist you through the entire process.

If we can be of service, please do not hesitate to contact us. We have helped buyers and seller in the valley since 1987.

Best Regards,

Brenda

Ron & Brenda Cunningham
West USA Realty
602-980-3133
Ron: 602-499-0694
http://www.CunninghamHomesAZ.com

*** Recognized in the Phoenix Business Journal as "One of the Top 50 Realtors in the Valley"

Go to our website and search the MLS like we do: http://www.CunninghamHomesAZ.com
0 votes Thank Flag Link Mon Apr 23, 2012
This appears to be more of an advertisement than a listing. There is not even an address. If you want up to date listings then check out http://www.RanchoElDoradoRealEstate.com and click on the Real Estate tab at the top of the page.
0 votes Thank Flag Link Mon Apr 23, 2012
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