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Scottsdale : Real Estate Advice

  • All648
  • Local Info35
  • Home Buying203
  • Home Selling23
  • Market Conditions31

Activity 621
Wed Apr 26, 2017
Lynda Langlois asked:
one! I'm looking at several areas Scottsdale, paradise valley and Phoenix as a whole
0 votes 0 Answers Share Flag
Wed Apr 26, 2017
Lynda Langlois asked:
one! I'm looking at several areas Scottsdale, paradise valley and Phoenix as a whole
0 votes 0 Answers Share Flag
Fri Apr 21, 2017
Mary answered:
Hi,

Upon checking, I've seen that your listing on Zillow already expired. My best recommendation for this is to activate your listing, please follow the instructions below.

1. Log in to your Zillow Rental Manager account
2. Go to 'Expired' tab
3. Look for your rental listing and click 'Activate'

Once your rental listing is activated on Zillow, it will automatically syndicate to Trulia after 24 to 48 hours.

Thank you for using Trulia!

Mary
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Sat Apr 8, 2017
Joseph Domino answered:
It is very likely that a COA may have restrictions on rentals. Even though the City of Scottsdale does allow for them you will have to check with the Condo Association on their latest rules. CC&Rs are public record so that is the first place I would look, but you cannot go wrong speaking with the property manager. They may know of any pending actions that have not been adopted. You do not want to buy and find out 2 weeks after closing that the rules have changed. ... more
0 votes 1 answer Share Flag
Sun Jan 22, 2017
Stephen answered:
I am a retired builder, master plumber, HVAC contractor, ele contractor and asbestos abatement contractor.
I was at one time the youngest builder in the entire state of Texas.

What no one ever tells you is that the cost of building a home is far less than what you are told.

I began building homes in the 70's with my actual cost being @ $20 per square foot for a 2000 square foot home. Mine sold for @ $67k to $75k at that time and I sold cheap because I was new.

After several years into it I was building homes still at the the same general cost but selling them for @ $90 to $110K.

When today's builders tell you what it costs they add in their weekly/monthly income; overhead, golf, vacations and etc. This is not disputable.

What costs a person $$$$$$$$$$$$$$$$$ on a new home is their idiocy in terms of emotional buying and wanting all those extras when in fact they are not needed.

In 2017 a person could build a 2000 square foot home for @ $90k. Possibly as high as $110K. However this home would be worth between $200k and 225K depending on the market.

Builders, all builders today are cookie cutter builders, they have an entire subdivision to build out and make more money on the lots than they do on the actual sale of the home.
A 10 acre tract of land for $10k per acre costs them $100k to $150k. They will get at least 4 homes per acre and will charge as much as $25 to $75k per lot and will require most of the time that you have them build the home.

So their 10 acre investment of $150k, heck lets say $500k including utilities and roads will bring in @ $1,000,000.00 to $3,000,000.00. They have just made between $500k to 2.5 million dollars just on the land and in Dallas Texas the 2.5 million is closer to the norm than the $500k out in the country would be. In fact in Dallas it could be $5,000,000.00.

I still build from time to time and even today I build (not including land/utilities) for @ $35 per square foot which is really my cost with nothing added in for me.

So if you built a 1500 square foot home it would run me @ $52K to build the actual home plus utility costs that could range from $5000 to $15000.00 (septic required) and your land costs which could be as little as $3000 to $10000 (out in the country) for a grand total of $69k to $80k and have a home worth as much as $150k.

Pretty good investment I do believe.

Don't listen to builders, they are in it for the money only and have no reason to tell you the truth like I have as a retired builder and contractor.

I'm not disrespecting the today 'builder'. I'm just telling you the truth.

The only exception to this is than some builders have money and no building sense, no trade knowledge, no hands on experience so they contract everything out, pay the bill with out thinking and just hope to pass it on to the buyer. Really sad.

CYa
... more
0 votes 17 answers Share Flag
Tue Dec 27, 2016
Karen Peyton answered:
If you are questioning the validity and enforceability of the agreement you signed - since you contend it was without your knowledge, I recommend you speak with an Arizona attorney.

Best of luck! ... more
0 votes 2 answers Share Flag
Thu Dec 15, 2016
EJ asked:
720 score, all other trade lines 100% perfect, 38% DTI, over 5y reserves. Estimated 675K loan.

Looking forward to seeing what options are out there now.
0 votes 0 Answers Share Flag
Tue Dec 13, 2016
Grant Olsen answered:
Hi KJS,

I'd be glad to assist you with your real estate goals you explained! I have a private lender who might be able to assist you in your situation who I will put you in touch with. They could help lay out scenarios that potentially will work for you, then we could go about identifying a home that is available for us to make an offer on.
Feel free to contact me at your convenience by phone, or email.

Thank you!

Grant Olsen
Berkshire Hathaway HomeServices
480-800-9635
grant.olsen@bhhsaz.com
... more
0 votes 1 answer Share Flag
Thu Dec 8, 2016
Karen Peyton answered:
For information about this program and other Down Payment Assistance programs, you need to speak with a lender. There are quite a few and all are slightly different with regard to qualifications - both borrower and property.

If you'd like a referral to an excellent lender, contact me. You can also ask for referrals from family, friends and co-workers, or contact your bank or credit union to get started.

Best of luck!
... more
0 votes 1 answer Share Flag
Sun Nov 20, 2016
Karen Peyton answered:
I don't know if apartment complexes are listed, but try http://www.gosection8.com to start your housing search. Just put in the zip code and away you go.

Good luck!
0 votes 1 answer Share Flag
Fri Nov 11, 2016
justine mfegue answered:
if anybody have any idea how can i find apartment or housing accept section 8 voucher and more ?
0 votes 3 answers Share Flag
Thu Nov 10, 2016
Karen Peyton answered:
As you're already aware, Trulia is not a real estate company and only advertises property for sale. Since you will use an agent to purchase a home in Scottsdale, you might as well make the break now, and find an agent who can provide accurate information, in a timely manner, of only the properties you want to see.

Message me, or use the Find an Agent tab at the top of the page to get started.

Good luck!
... more
0 votes 1 answer Share Flag
Sun Oct 23, 2016
Susie Kay answered:
I would suggest contacting an attorney.
0 votes 1 answer Share Flag
Mon Oct 17, 2016
Shannon Shutack answered:
Hello Sandra!

Great question as there are variables between Scottsdale and Cave Creek/Carefree for you to be aware of when searching for a home in these towns. Even though they boarder each other, they are years apart in services each provide.

Taxes - Cave Creek/Carefree taxes will most likely be a fraction of the cost of the same home located in 85255 (depending if the home is in an HOA or not)? Another key item to be aware of is if you buy a home in an HOA. If 85255 is your preferred zip code, places like Grayhawk and DC Ranch, Troon are going to have hefty HOA's that will tack onto your monthly expense of owning a home in that particular community. However the amenities are wonderful if that is the lifestyle you are interested in.

Mail - Carefree has no mail delivery, patrons in this city have P.O. boxes and that's where they get their mail. Talk about the "old west" :)

Utilities are across the board as far as electricity/water/trash. All depends who's providing service in which area and it's hard to nail down a specific provider based on city unless you're considering a home out in "the sticks" where hauled water, wells, and septic tanks would be needed. You shouldn't run into that in 85255 or the populated areas of Cave Creek/Carefree.

I could ramble on but feel this is adequate to get you started. If you have not chosen a Realtor to work with in these areas my partner and I would love to sit down and council you further.

Have a great week.

Grant Olsen & Shannon Shutack
BHHSAZ
REALTOR
480-800-9635
602-696-4821
www.investAZsunshine.com
... more
0 votes 1 answer Share Flag
Sun Oct 9, 2016
Louise Knight answered:
You need to get the water and electricity turned on. You cannot properly inspect a property without utilities on. There could be plumbing issues although you are in a warm climate so frozen pipes not a concern. If you are willing to take full risk and buy without an inspection, that would be your choice but not recommended. You need to know what you are buying. ... more
0 votes 14 answers Share Flag
Tue Oct 4, 2016
Sandy Little asked:
Mon Sep 26, 2016
Jennifer Larsh asked:
Desperately seeking 3 or 4 bedroom/2 bathroom home that is willing to work with Scottsdale Housing Agency Section 8 Voucher Program. Looking for an October 1, 2016 move in date.
0 votes 0 Answers Share Flag
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