Lease purchases in a declining market are a real disaster in the making. I would speak with your Designated Broker and Attorney. You have to think ahead in this type of structure and it goes way beyond a simple question and answer on trulia. - Tue Aug 19 2008, 07:16
Call the Woods Group Property Management company at 480-516-0641. Ask for Mike Vischer and he will take care of whatever you need. They manage 5 of my properties for me and 4 of them are 4 plexes.
You should list with the agent who can do a good job for you. A home only sells when the right price, right preparation (how the home shows), and presentation (how the home is marketed) come together. It is a bigger competition now for sellers than it has been for many years. The number one item on a buyer's list today is a "deal." You have to be a good value in comparison to the other homes being offered in your price range.
Taking buyers to only their listings is their choice. You can determine it that's ethical. Does that mean their alleged buyers have to wait until they list a home that fits their needs??? Probably not. Interview a few and go with your intuition and the best presentation of what they offer to you. - Sat Dec 15 2007, 08:58
I have to apologize for the answers you are receiving. There is NO depreciation over the last 3 years!!! In November of '04 the average home sale price was 204k and this last month '07 it was 297k. In your particular zip code it has risen from 281k to 304k in when comparing those same months. You have to look at real estate as a long term investment in you and your family, a home. If you are buying for investment, like a rental property, then I am happy to say that your APPRECIATION over that time is up to 40+% in many areas of the Valley. Like all markets, real estate has its cycles of ups and downs. Prices have adjusted down, but if you bought in 2004 your home more than likely has appreciated over that term. Be careful of watching your pricing on a day to day or month to month basis. Successful real estate investors and buyers understand the long term outlook for Arizona and the upside potential of our market.
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.