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Scottsdale : Real Estate Advice

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  • Local Info35
  • Home Buying203
  • Home Selling24
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Activity 627
Yesterday at 11:29am
Michael Fong answered:
go to Phoenix ........its an upperclass sort of community (Scottsdale)
0 votes 2 answers Share Flag
Tue Jul 11, 2017
Niki Campbell answered:
Hello Joe,

I would like to introduce myself, I am a mortgage loan officer with HomeStreet Bank and have actually handled many financial portfolio's with troublesome credit scores and debt-to-income ratios. Give me a call today at (619)550-7541 so we can further discuss your situation and see if we can work out a plan that works for the both of us.

Looking forward to hearing from you!
... more
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Sat Jul 1, 2017
Cassyhearn asked:
Tue Jun 27, 2017
jumboloancenter answered:
Old post, but wanted to provide some new updates for 2017. 5% jumbo options are now available up to 1.5 mil loan amounts for qualified buyers. Check out the web reference link below for the latest down payment and qualifying requirements. ... more
0 votes 15 answers Share Flag
Mon Jun 26, 2017
Christina Elizabeth answered:
Can anyone help me with this too?! The selling agent is refusing to turn on water and utilities for an inspection prior to closing!!!! Has said over and over we will not turn them on prior to closing. I even offered to pay them myself!!!! So now I cannot buy the home I love!! What am I supposed to do?! Just walk away?! ... more
0 votes 15 answers Share Flag
Sat Jun 24, 2017
Diannes answered:
While the specific situation described here was likely resolved years ago, I thought I would add some info here that could be useful to others who stumble upon this later. Disclaimer: I am neither an agent nor an attorney, but am generally familiar with service dog law.

The obligations of housing providers to accommodate animals that benefit individuals with disabilities are described here: The regulations apply equally to trained service dogs and to other animals that help individuals with disabilities (commonly referred to as "emotional support animals", although I have occasionally heard them referred to as therapy animals as well).

Both homeowners' associations and landlords need to comply with these regulations.

Short answer: an HOA and (most) landlords must waive no-pets policies and size restrictions for animals that benefit individuals with disabilities. So on the face of it, the HOA's actions described here are illegal.

However, the HOA is within their rights to require the dog be removed on the basis of the fact that it appears to be a direct threat to the health and safety of others. A court would most likely find that a large dog's snapping at someone is sufficient evidence that the dog is a direct threat, regardless of the fact that the dog was being teased at the time.

I hope this helps.
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0 votes 14 answers Share Flag
Sun Jun 18, 2017
Richard J Welch answered:
Do we have any UPDATED opinions to this topic?

I got my license a week ago and Zillow,, Boldleads, etc. are all "on the attack" promising me tons of buyer and seller leads. A new agent has to be careful with money. I am told I MUST spend 2-3 hours a morning calling expired and FSBO in order to build my business.

Some say zillow, some say, some say simply run GOOD Facebook ads and you can accomplish the same for a fraction of the price. I can't try them all. Who would you start with. I have a strong web site and social media on Facebook, Google+, Twitter, etc. so I have the places to send buyers and sellers but not sure who to "hire" to help.

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0 votes 40 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
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:

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!

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.

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1 vote 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:

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
... more
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