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Rent vs Buy in 85262 : Real Estate Advice

  • All12
  • Local Info0
  • Home Buying2
  • Home Selling2
  • Market Conditions1

Activity 7
Fri Jun 21, 2013
Hector Olivera answered:
I have a lender that offers financing to Canadian citizens. Feel free to contact me.

Thank You,

Hector Olivera Jr.
Realty One Group
HOliveraJr@Yahoo.com
www.PhxHomes4u.com
480.359.5510 ... more
0 votes 16 answers Share Flag
Tue Sep 25, 2012
D. Elizabeth Vincent, AssocBroker answered:
Hi Andrea,
You will love Scottsdale. It has everything the SouthWest could ask for and more.
Excellent schools, fantastic shopping, resort-like atmosphere. You will fee like you're on
vacation 365 days of the sunshine year! I am a native of the valley and have seen it grow
tremendously. I have been in most of the nooks and crannies. We have beautiful new
subdivsions and land for those that want more space.
Elizabeth Vincent 602 885-2476
... more
0 votes 5 answers Share Flag
Tue Sep 25, 2012
Jeff Devorkin answered:
Hi Andrea, congrats on making the move to AZ ! Leave all your jackets behind ! I would love to send you and your husband some properties that are both for rent and for sale. Please send me an email to jeff@iGoUrban.com.

Thanks !
... more
0 votes 11 answers Share Flag
Fri Nov 2, 2012
answered:
Cap rates vary from 5-9% cash on cash return, depending on what you buy, and where.

Here is my Scottsdale Market Stats screen capture for January:

http://screencast.com/t/ju47lzNEW8J

Terry S. Smith
46 year Arizona Resident
Grew up in Scottsdale
... more
0 votes 6 answers Share Flag
Sun Sep 23, 2012
answered:
Dear Lynn:

It is best to contact a local C.P.A. for tax consequences.

Here is the company that I recommend.

Steven Adolson
Dobbins Financial
(602) 279-5464

Terry S. Smith


Scottsdale Luxury Specialist

45 Year AZ Resident

DPR Realty LLC

8341 E. Gelding Drive

Scottsdale, AZ 85260

Contact me Direct (602) 763-1858

Office (480) 994-0800

ScottsdaleForeclosures@Gmail.com

www.ScottsdaleLenderForeclosure.com
... more
0 votes 6 answers Share Flag
Thu Feb 24, 2011
Mark Sumstine answered:
Hi Rosemary,
There are a few other questions that would help this process along, well, quite a few actually.
There are a lot of properties in Scottsdale that meet that broad description. I would start by asking what kind of monthly fee are you comfortable with for a condo? This is critical if you are on a fixed income as some fees in Scottsdale can be quite high.
There are a host of other questions besides the price point your of the monthly fee and the cost of the unit itself. What activities to you enjoy? Do you have a pet? Are there friends or services you want to have easy access to? What kind of amenities are important for you? Do you want a ground floor unit? Does the garage have to be attached to the unit?
As you can see there is a lot to consider. If you feel up to browsing on your own please feel free to use www.HomeValuesInArizona.com or if you prefer just give me a call at 602-828-0684 and I'll be glad to offer whatever level of assistance you need.
Warm Regards,
Mark Sumstine
The Williams Real Estate Company
Scottsdale, AZ
... more
0 votes 9 answers Share Flag
Sat Feb 14, 2009
Lucinda Tkach answered:
JG,

That is a tough question however you need to make sure you have recent comps to determine that. I wouldnt purchase much more than a current market value because prices have declined for three years. However there is a turn in the market so hopefully good news for both of you! The seller has an advantage too as in most cases has a large down payment to set a price in place. Also, if I am correct this is non refundable if you choose to walk away from the purchase.

Lucinda Tkach
Windermere Central LLC
... more
0 votes 5 answers Share Flag
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