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Local Info in Tempe : Real Estate Advice

  • All197
  • Local Info20
  • Home Buying50
  • Home Selling6
  • Market Conditions11

Activity 23
Mon May 18, 2015
answered:
FHA loans are typically the only loans these days that can be assumed. So you'd have to find someone selling who currently has an FHA loan.

Also, in order for you to assume the loan, the holder of their loan would need to qualify you for that loan. They generally use the same principles in qualifying you as if you applied for a loan on your own.

In addition, you'd probably have to come up with a larger down payment because when you assume a loan you are taking over only the balance owed and in most cased the seller is going to have some equity in the home.

For example, if they are asking $100,000 for the home and they owe $80,000 on the mortgage, then if you assumed the loan you'd have to put the remaining $20,000 down as a down payment. In that case, you'd probably be better off securing your own financing at a greater amount.

Make sense? Hope this helps!
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1 vote 1 answer Share Flag
Wed May 13, 2015
D. Elizabeth Vincent, AssocBroker answered:
What is your "reasonable price point?" Did you want a condo or a single family residence?
Elizabeth Vincent 602 8852476
0 votes 5 answers Share Flag
Wed Sep 10, 2014
Ron, Kristina Wilczek answered:
Elnora -- tried to get some info for you but who ever put it on line is making it hard. It reportedly came from http://rentalhomepros.com/ but it does not show on their website. Couldn't even find a phone number on their site, just an email address: Support@RentalHomePros.com

Good luck. Hopefully it won't be that hard to contact them if the house ever needs a service call :-)
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Thu Aug 28, 2014
Ron, Kristina Wilczek answered:
We empathize with your situation. I think you might be in the wrong forum.
0 votes 1 answer Share Flag
Thu Aug 28, 2014
Ron, Kristina Wilczek answered:
I moved here in 1978. The weather is ideal 8 months out of the year, very warm 2 months, and exceptionally hot (though dry, unlike New York) for 2 months. Cost of living is less and the people are much more friendly. Nothing compares with Manhattan but I think you would love it here. The job market depends on your skills. ... more
0 votes 6 answers Share Flag
Mon May 19, 2014
Ron, Kristina Wilczek answered:
Chris,

I won't speak for Trulia on how they pull in crime statistics. I highly recommend this crime site. It rocks:
http://www.raidsonline.com/
0 votes 1 answer Share Flag
Sun May 4, 2014
Steffy Hristova answered:
Art, there are at least two very good day cares, close to the link of the apartment complex on Baseline and Rural that you have provided. In addition, they have easy access to highways and are close shopping plazas and restaurants. ... more
0 votes 1 answer Share Flag
Sat Apr 12, 2014
James Wehner answered:
It might be a syndication issue. Even though the property is leased, the tenants might not have moved in yet. If this is the case, the listing in our MLS might not reflect closed. If not, then 3rd party websites such as Trulia, Zillow, Realtor.com, etc, might not have the most accurate information. Hope this helps. ... more
0 votes 5 answers Share Flag
Thu Sep 5, 2013
Jean-Leon Magnotto answered:
A quick google search returns several results for me....
http://lmgtfy.com/?q=tempe+lemon+st+murders
0 votes 1 answer Share Flag
Tue Aug 20, 2013
Maricopa Home Finders answered:
Yes, it looks like it is close to the bus.

825 S River Dr Convenience and easy access to the places you need to go are key considerations in today's economy. Gas is too expensive to waste driving unnecessarily. When you live in our Tempe rentals you are close to both the 101 and 202 freeways. Our location is one block west of the 101 on University Drive; you'll be out of your door and on your way in minutes! If you prefer to save even more gas, park the car and take advantage of the Metro or bus, they're close by as well. ... more
0 votes 2 answers Share Flag
Thu Jun 27, 2013
Christopher Jordahl answered:
Hi Tara
The best thing to do is drive by the home and the neighborhood at different times especially week-ends and see what goes on and walk around and try and meet some of your neighbors. You can also use the web to get a lot of info on crime and other stats as well. Hope this helps. Best o luck to you. ... more
0 votes 4 answers Share Flag
Fri Mar 29, 2013
Stephanie Weiss answered:
check with the City of Tempe transportation dept
0 votes 1 answer Share Flag
Thu Nov 8, 2012
Jennie Miller, Pllc answered:
You can check the crime rates on a particular address at www.crimereports.com
0 votes 1 answer Share Flag
Thu Sep 6, 2012
Sherayn Allen answered:
Here is a great site not yet mentioned with tons of info incl. crime stats:

http://www.city-data.com/city/Tempe-Arizona.html

You can search by zipcode also if you like, then back out to other cities and even states for fun! ... more
0 votes 4 answers Share Flag
Thu Sep 6, 2012
Sherayn Allen answered:
Arizona is very diverse, with native Arizonan's such as myself rarities in most conversation circles!

I'll add a link to my answer to statistical data; you can search by city and even zip code. This will show data on people, jobs schools hospitals crime etc.

In order to help you narrow down the best location to fit your specifics, you need to be more specific in what you want. What do you do -job market, grades or purpose- education? What do you like to do- leisure, safety -to what level?

Check out the statistics see if that helps, define your needs and finding an area of town will be easy!
... more
0 votes 3 answers Share Flag
Wed Aug 15, 2012
Brenda & Ron Cunningham answered:
We have had clients purchase here with allergies and respiratory problems and they just used air purifiers in the home to give them a rest from any pollen or allergens that might otherwise bother them. You would do best on the outskirts of the city were the air is clearer and of course I would suggest using air purifiers. We get occasional dust storms and you would want to avoid being outside during one. Normally after the dust storm the air is okay, but occasionally like today (we had one last night) you can see the air is not clear yet.

We moved here for the weather. It is mostly sunny and even in our monsoon season it is mostly sunny. It gets hot in the summer but we still sit outside during the evening and really enjoy it. Early mornings are nice as well. If you like to swim then you can spend more time outside during the day, but most everything has air-conditioning here so it is not bad. We are in the heat a lot while showing homes and although hot, I still love it here. We moved here from Illinois and the humidity made the heat there worse (in my opinion of course). When the temps are below 105 degrees it is nice as they get over 110 degrees in the summer months it is hot. The rest of the year is wonderful.

I would suggest the east valley as there is a nuclear power plant out toward Tonopah, which is west of Buckeye. There is a lot of growth east of Gilbert and should prove to be a good investment.

If you need further information, please don't hesitate to call!

Best Regards,

Brenda

Ron & Brenda Cunningham
West USA Realty
602-980-3133
Ron 602-499-0694

**** Recognized in the Phoenix Business Journal as "One of the Top 50 Realtors in the Valley" ***
(out of over 40,000 Realtors)

Search the official, active, FlexMLS for homes like a Realtor for FREE through our website:
www.CunninghamHomesAZ.com
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0 votes 2 answers Share Flag
Wed Aug 31, 2011
Barbara Merrill answered:
I am not afraid to say it, Tempe is beautiful!!! There are green parks, lake communities and you can grow something that blooms every month of the year in Tempe. A little water goes a long ways! ... more
0 votes 6 answers Share Flag
Tue Jun 14, 2011
Barbara Merrill answered:
Hi Jane,

I would love to help you find a clean foreclosure in Tempe, Arizona! I am an Associate Broker with Cactus Mountain Properties and take the time to preview homes for my clients to determine the condition before showing. I have lived and worked in Tempe for over 30 years. I can tell you that Tempe has much to offer for central location, exceptional schools and an active lifestyle. Let me know how I can best assist you in finding a nice, clean home for an affordable price in one of the many neighborhoods within Tempe. I would love to discuss your home purchasing needs in further detail. Please call me at 480-570-5263. Thanks! :) ... more
0 votes 2 answers Share Flag
Sat Dec 18, 2010
Loren Hoboy answered:
Before answering, please tell us your budget and investment objectives for both Commercial and Multi-Family.
Are you a passive owner planning to use a property management company, or will you be hands on?
What type of tenants will you be targeting.
Did you budget for and expect to provide TIs (Tenant Improvements)?
Are you only considering Tempe?
Do you require some level of current occupancy, or will you be willing to build a tenant base from scratch?
What condition property will you consider?
All of this impacts the price you will pay price.
These and other questions will need to be answered to select likely property prospects.
Dealing with Commercials is different than Multi-Family and agent experience make a difference.
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0 votes 4 answers Share Flag
Thu Aug 12, 2010
Kent Gagon answered:
I love Coventry Tempe, what can I tell you about it, I am actually watching for a home in there for myself at the moment. Email me direct at kgagon@earthlink.net, I will be happy to help in anyway I can.
Kent
... more
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