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Home Buying in 85255 : Real Estate Advice

  • All38
  • Local Info4
  • Home Buying16
  • Home Selling2
  • Market Conditions2

Activity 16
Tue Jun 14, 2016
Ccarney answered:
Great feedback from the agents!! My answer, as the "mortgage guy", is when you're fully Pre-Approved haha. Agents send your clients my way for help with financing..


C Carney
Guild Mortgage
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0 votes 14 answers Share Flag
Thu Feb 11, 2016
Nathaniel answered:
FYI, mortgages on properties is debt. A very real debt. Why do you want a $1MM house with no money down? If you're making good money, save a down payment and get a better interest rate without PMI. PMI on 1MM will be a lot. ... more
1 vote 1 answer Share Flag
Wed Aug 27, 2014
Michael Fabbro answered:
Hey Ben,

I work with a few lenders that work with foreign nationals. An option might be to pull the equity out of your property in New York to purchase down in Scottsdale. Depending on what amount you are looking to spend this may be a low interest option. The lenders I work with also do have foreign programs but would have to talk to them regarding the countries that qualify.

Let me know if you need any help or would like me to put you in contact with them.

Arizona Elite Properties
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0 votes 2 answers Share Flag
Tue Jun 3, 2014
Josh Hintzen answered:
Hi Matt!

The HOA can certainly go either way. The primary function of an HOA is to protect home values, and as Teri pointed out, this can be very useful. From making sure that yards are well-kept and houses are painted a reasonable color, to keeping up with common areas and community pools, most potential home sellers should be grateful for their neighborhood HOA.

However, it's very easy for an association to go the other way. Owners can face volunteer directors misusing their power, refusing to follow documents, getting excessively heavy-handed... you get the idea.

If you or your client is concerned about the HOA of a particular community, research is going to be your best friend. Do some digging - read reviews, check the BBB for ratings, etc.

Best of luck!
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0 votes 2 answers Share Flag
Sun Jan 5, 2014
Angie Johnson answered:
If you are still looking we have a new listing coming to market that meets your search criteria. Visit my site and either email or call me. If you've already found your home, congrats! Grayhawk is one of my favorite communities:)

Angie Johnson
Realtor® | Since 1999
RE/MAX Luxury Real Estate
(480) 570-5500
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0 votes 24 answers Share Flag
Mon Apr 15, 2013
Carmen Brodeur, JD answered:
Bill Mason from Mason Painting and Coatings is great. He can be reached at (480) 567-8920.
0 votes 14 answers Share Flag
Tue Feb 5, 2013
Ryan Buckley answered:
Ryan Buckley Realtor®
Turning your Dream into an Address
Coldwell Banker Residential Brokerage
twitter @rcoldwellbanker
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0 votes 11 answers Share Flag
Sat Jul 7, 2012
Debra (Debbie) Rose answered:
pssst John - this question was asked almost a year ago....I doubt the poster is still looking for advice!
0 votes 15 answers Share Flag
Sat Jul 7, 2012
John Forsyth answered:
A realtor in Arizona can sell property anywhere in Arizona...

The key is to find someone who works, lives and plays in the neighborhoods you are looking to make a purchase.

If a Realtor specializes in Gilbert are they really going to know the NE Valley Market?

My business consist mainly of Paradise Valley, Scottsdale and the NE Valley. It is where I live, coach athletics, where my kids go to school.

If you need any assistance please feel free to call.

John Forsyth- HomeSmart Elite Group.
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0 votes 31 answers Share Flag
Sat Jul 7, 2012
John Forsyth answered:
Some of the things I think are important are

1. Are you a full time Realtor
2. Do they produce at least $5,000,000 in sales every year?
3. Are they top producers, or weekend warriors
4. Edcucation? Do they have a business degree?
5. Do they have business experience outside of Real Real Estate? Do they bring corporate experience to their job or did they fall into Real Estate?
6. Have they been selling Real Estate for at least 5 years? Let the newbies practice on friends and family.
7.Do they live and work in the area? If you are purchasing in Scottsdale or Cave Creek do you want a Realtor that lives and sells in GIlbert?

These are just some of the ideas to get you started.

Please feel free to call me if you have any questions.

John Forsyth HomeSmart - Elite Group.
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0 votes 15 answers Share Flag
Tue Jul 3, 2012
John Forsyth answered:
I live right north of Los Portones, and there is a lot of land around there that is undeveloped.

We should discuss the plans to extend Miller Road and the large parcel of land that is a water diversion and what the future plans for that property is.

Feel free to contact me anytime

John Forsyth
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0 votes 6 answers Share Flag
Fri Jun 24, 2011
Ruth Sewart answered:
if we could really predict future pricing we would not be selling houses. i will say it is very difficult to find anything in 85255 under $200k and prices are creeping up but there are some incredible deals and if you can afford them then I say snag one now with the great interest rates and don't worry about hitting exactly at rock bottom. condos are a different ballgame.with financing being so impossible - they will continue to be a difficult purchase and pricing will fall. ... more
0 votes 25 answers Share Flag
Tue Nov 30, 2010
scott farmer answered:
McDowell Mountain Ranch is a lovely community with wonderful amenities. Some of the pricing is based upon lot size and views and may be partly the reason your seeing a variation in pricing. By now you may have already purchased a home there and are all moved in. ... more
0 votes 11 answers Share Flag
Fri Oct 15, 2010
Evette Cecena answered:
most homes that actually sell do so within 3% of list price. Be realistic in your expectations and have evidence to back up your offer and you should be fine. For example, if there is mold or termites or any other reason you think you should be able to come in below fair market value then point that out and know what the cost of repairs will be to make your case stronger. My colleague, Curt Baumgarth, specializes in that area. You can reach him via the site below if you like. As far as appraisals go, your lender will require an appraisal so you can have it done at that time. Don't concern yourself with what someone owes, however. They likely bought the property for more than today's fair market value. Best thing to do as far as the appraisal goes is have your Realtor prepare a free market analysis for you to determine the what the property is worth on the low end and the high end of market value

Best of luck to you!
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0 votes 12 answers Share Flag
Tue Apr 20, 2010
Daniel Reynolds answered:
The REO boom is over. Any agent will tell you that. The best time to buy was last year so don't expect to get rock bottom prices in Cimarron Hills. Any REO properties that do become available will be picked up quick. You can always request an auto search for the Cimarron Hills area. Any new listings that become available you'll be the first to receive them. You can search the evmls to find listings that are reo's.

I personally wouldn't get caught up in any short sales. There's no guarantee they'll close and there's good chance the listing agent will low ball the list price to get offers in. Causing you an unrealistic price acceptance from the bank. Which means, once the bank does an appraisal/BPO/CMA on the home, they could increase the purchase price on you. And you wouldn't find out until several months after putting an offer on the home. Stick with REO properties and be aggressive when you find one.

Dan Reynolds
Designated Broker
Broker Executives, Inc.
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0 votes 5 answers Share Flag
Wed Jun 10, 2009
Lisa Lucky answered:
This link should help you. It shows all land for sale in Troon Village (85255). This website has similar links for DC Ranch, Grayhawk, Pinnacle Peak, Dynamite Foothills, etc....
0 votes 5 answers Share Flag
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