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Home Buying in South Scottsdale : Real Estate Advice

  • All66
  • Local Info11
  • Home Buying12
  • Home Selling0
  • Market Conditions7

Activity 10
Mon Aug 24, 2015
Jvicson answered:
Sorry you couldn't find an answer here to your question. A quick Google search doesn't yield any results. What were you looking to get a hold of them for?
0 votes 1 answer Share Flag
Thu Jul 30, 2015
Mike answered:
Wed Jul 22, 2015
Linda Carlson answered:
The payment calculator has a generic amount that they use for all properties in a certain price range. The taxes stated in the listing are the actual amount. You can override the 1500 generic amount and insert the actual amount of 645 to get a more accurate calculation. ... more
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Sat Nov 8, 2014
Jennie Miller PLLC answered:
Make sure that you are discussing this with your Realtor and that you collect all the information up front.
0 votes 8 answers Share Flag
Thu Mar 27, 2014
FRUSTRATING! That's what a short sale is. When someone has financial struggles and is unable to or will soon be unable to make their mortgage payments, rather than allow the lender to foreclose on the home, they contact their lender and ask them to approve a short sale. Short sale is simply asking the lender to allow you to sell your home for less money than you owe on it.

Please contact me with any additional questions you have.


Lisa Markham
Envoy Mortgage, Ltd.
NMLS# 947738 / AZ# 0921717
... more
1 vote 6 answers Share Flag
Wed Dec 4, 2013
Raymond Whitby answered:
Of course it always needs to be verified, but certainly worth knowing the truth. It could be a realty trac, or something that for sure a local reo agent could answer for you. If it was FreddiMac/ or Wells etc it would be completely transparent. You never know when you just stumble upon a couple of great deals, especially this time of year.... Doesn't it seem kind of weird sometimes? This whole space between now and the 5th of Janurary? 15 years here and still can't quite get the "feel" for it. Then all of the sudden whammo..... the hustle bustle is back on. Good hunting.! ... more
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Sun Nov 24, 2013
Raymond Whitby answered:
These are detailed contracts and a lot of risk put up with non-refundable deposit money. Most real estate brokers won't let them through the door. There is a lease agreement attached to a purchase contract and depending on how the contingencies are written and what is agreed upon for execution dates really makes for quite a possible debacle. Typically there will be non-refundable money involved and this is never good when it is lost for non-performance issues. Too many moving parts to write down here, so please consult a broker/agent that has excellent experience on this creative way to buy property. It certainly has it's place, but I've found that it should be used much less than it is and I personally know of 2 families in my career that have lost a significant non-refundable deposit in a lease purchase scenario. Good credit? I wouldn't even dream of a lease purchase unless it was a risk free, no lose agreement that totally benefited you personally in every direction. Good hunting! ... more
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Fri Aug 10, 2012
Cheryl Marcum answered:
To look for all homes in the Greater Phoenix area log onto:

Unlike any other website the homes are categorized not only by zip code but also by neighborhood. The addresses, photos, description and mapping are all provided - one stop shopping! ... more
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Tue Jan 5, 2010
Kelli Michelle answered:
If you send me the realtor's name I can get you the contact info! Thanks Sara! I am sure if it were my client or someone looking for me, I would want the REAL estate community to point them in the right direction! Thanks and I hope you have a great weekend!

Kelli Gubrud
Century 21 ALL STAR
... more
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Fri Aug 28, 2009
Kelli Michelle answered:
Land leases are revised most of the time on a 10-15 year basis. The MOST important thing to remember is that if the revision comes in 2010 that you will likely pay more as the value of the "leased' land is probably higher than it's previous adjustment. Many people are waiting until 2010 to see if the land leases on many homes in SCOTTSDALE will double or stay put based on property values. Scottsdale has held more to it's value than most. I would say that the land leases in the 85251,50 and 54 area will be increasing. They will re adjust and you have to be prepared for that type of uncertainty. There are also concerns in LENDING as well. Most lenders need a 20-30 year land lease period in order to loan on the property. There are certain banks that won't touch them as the house is a LEASEHOLD, NOT A "Fee Simple" ownership.
If you have further questions, please email or call anytime. This is my farm area! Brairwood is a great community just has a land lease that can be steep for some people. Camelback house is also another subdivision with land lease. There are sevearl in the 68th north of Camelback area that are.. .
Kelli Michelle-Century 21 ALL STAR REALTORS 602-579-0854 Cell
... more
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