Home Buying in 85254 : Questions & Answers

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Ryan M. Ney, Real Estate Pro in Scottsdale, AZ
Ryan M. Ney answered:
We put in a full price offer on a short-sale in Scottsdale that was listed as "Active". Afer we submitted our offer,we found out, there
Hi Angie - Sorry to hear about your dilemma.

Typically on my short sales I only submit the first offer to the bank for approval and keep all other offers as back-ups. The banks ar ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Robert Newton, Real Estate Pro in Scottsdale, AZ
Robert Newton answered:
How difficult is it to have a pool put in on these properties? Are there restrictions?
i cant answer the pool question, but do have 1st hand knowledge of an 8 man built in hot tub. the costs were a little high and it took a bit longer than promised.....but no real problem ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Joseph Domino, Real Estate Pro in Scottsdale, AZ
Joseph Domino answered:
Does Scottsdale area have any golf courses that are good for beginners? Any reasonably priced country clubs?
The Paradise Valley Golf course at

Paradise Valley Golf Course
3505 E Union Hills Dr. Phoenix
602-992-7190

is an inexpensive public course run by the Maricopa County Parks. 1 ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
We are now approaching ONE YEAR on our short sale. At the closing, the seller would not sign the letter from the 2nd lender.
Scott, I have a question for you....................with all you have gone through thus far............is the price you are paying really much of a bargain......or is it in the range of ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Jeremy James…, Real Estate Pro in Arizona
Jeremy James Jack answered:
Does anyone have any recommendations for a quality Inspector here in the valley?
Chad,

You should try Lee Kolstad www.homevalueinspections.com all of my clients love his service and pricing....Good Luck!
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Kyle, Real Estate Pro in Scottsdale, AZ
Kyle answered:
Short sale question about reducing my initial offer.??
Walk away. Short Sales take months and rarely close, go find a bank owned property.
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Jennifer All…, Real Estate Pro in Mentor, OH
Jennifer Allen 440-796-4833 answered:
Relocating to Scottsdale AZ
Hello Angie - I handle relocation for Prudential in Ohio. I highly recommend you find yourself an agent to help educate you about the area your would like to relocate. A trained reloca ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Richard Dobb…, Real Estate Pro in Scottsdale, AZ
Richard Dobbles answered:
New to Scottsdale,looking for single family home in communities with good resale potential down the road. Prefer 85259/85260 zip.
Rob, the main tip I can give you is to work with a qualified realtor who knows the area. Some communities to look at are McCormick Ranch, Scottsdale Ranch, & Scottsdale Mountain. ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Jeremy James…, Real Estate Pro in Arizona
Jeremy James Jack answered:
Who has been introduced to the new H.O.A loan?
Tim,

I haven't heard of it, school me...
0 votes Share Flag Tue Feb 1, 2011 Home Buying in 85260
DONALD KEYS, Real Estate Pro in Phoenix, AZ
DONALD KEYS answered:
I am tempted to move to Scottsdale because of my arthritis, but am concerned about water shortages.
I would not worry about it.
I have been a valley resident since 1971

Here is a link with more information about the Scottsdale Water Supply:

http://www.scottsdaleaz.gov/Water/Wat ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
How does a BUYER Walk away from a short sale!?
What does your agent advise--if you are in contract, what does the contract state--if you don't have an agent, why not contact an attorney specializing in real estate--again, it wi ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Catherine (C…, Real Estate Pro in Edison, NJ
Catherine (Cathy) Chaudemanche Team | Edison Realtor, ALC + answered:
Is there a way to search for just brand new listings (not price reductions)?
You can sort your search by "Newest"
0 votes Share Flag Tue Feb 1, 2011 Home Buying in Scottsdale
Catherine (C…, Real Estate Pro in Edison, NJ
Catherine (Cathy) Chaudemanche Team | Edison Realtor, ALC + answered:
Is there some way you can get search for only NEW listings?
You can sort your search by "Newest"
0 votes Share Flag Tue Feb 8, 2011 Home Buying in 85258
Randy Hooker, Real Estate Pro in Phoenix, AZ
Randy Hooker answered:
We are At the Short Sale Closing--- the seller will NOT sign the anti_dificiency law form for Arizona. What happens to us as buyers? If it goes to
If the property ends up being foreclosed, then your deal is dead. You can try to wait till the bank places the property on the market, and then submit an offer at that time. The asset m ... more
0 votes Share Flag Wed Dec 30, 2009 Home Buying in Scottsdale
Deborah Tins…, Real Estate Pro in Fayette County, GA
Deborah Tinsley answered:
Having lots of problems with Chase Bank and a short sale. My buyers have already walked away...but I found out today from Fannie Mae that they never
As a Realtor that has done several Short Sales, I would suggest that you request a copy of the BPO that was done and in the meantime, have your Realtor send Chase Bank a CMA of the neig ... more
0 votes Share Flag Mon Nov 16, 2009 Home Buying in 85259
Tonje Kearney, Real Estate Pro in Cave Creek, AZ
Tonje Kearney answered:
We are entering our 7 (seventh) month on a short sale in Scottsdale,AZ. We have not heard one thing from the bank. But The sellers are still in the
Sounds like the listing agent doesn't know what they are doing. 7 months is too long. Cudos to you for hanging in there for that long. Have your buyers agent, really drill the list ... more
0 votes Share Flag Fri Jan 8, 2010 Home Buying in Scottsdale
Stew Keene, Real Estate Pro in Scottsdale, AZ
Stew Keene answered:
Comparing 2 properties in North Scottsdale/Rio Verde, one with well, the other with hauled water. How does hauled water affect property value?
Hi Cathy,

I live in Rio Verde foothills and have owned 2 homes one with a well and one with a water district/well in Granite Mountain Ranch which is where I live now.

On average, ... more
0 votes Share Flag Thu Aug 22, 2013 Home Buying in North Scottsdale
Laura Myers…, Real Estate Pro in Scottsdale, AZ
Laura Myers PLLC, CLHMS, GRI, answered:
It has been over 6 months dealing with Chase Bank in Phoenix on a short sale. Does anyone know how to speed this process up or who to contact???
There are some details that would be important. Where are you in the process...is there a second? What do you know now and does your negotiator with the bank have the authority to mak ... more
0 votes Share Flag Sun Nov 15, 2009 Home Buying in 85259
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
Seller wants to pull out after mutually signing and accepting an offer as the appraisal is "too low"
Not going to happen. An attorney can better advise you on this, but one recourse might be to sue for damages - you'd probably have to prove that you were, in fact, damaged.
But yo ... more
0 votes Share Flag Wed Nov 25, 2009 Home Buying in Scottsdale
Stew Keene, Real Estate Pro in Scottsdale, AZ
Stew Keene answered:
What happens on a short sale in Scottdale if the appraised value comes back less than our accepted bid by the lender??
Scout,

You can either cancel the contract or try and negotiate the seller to reduce the price.

You may have to provide a copy of the appraisal to the seller/lender to prove the va ... more
0 votes Share Flag Thu Oct 15, 2009 Home Buying in Scottsdale
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