Both are damaging, but I believe the foreclosure is worse. If you are able to work with the lender the damage may be lessened. Generally a short sale will have less long term ramifications than a foreclosure. If it's possible to start making payments and the lender will modify the loan, this may be the least damaging.... more
Hi Kosal. Please consult with your agent regarding the cancellation of your inspection. As agents who do not have a working relationship with you, the participating agents here on Trulia are not supposed to comment on specific events or transactions, simply give general advice and answers to 'general' questions.
Your agent can access the MLS directly, and can pull up the home you are buying and get the most up-to-date information available.
By searching our ARMLS website with the property address and/or the MLS #, it will pull up the property history and current data.
What you are seeing is likely 'old' information on a website that does NOT pull from our local MLS and update the info very often. Simply 'Googling' the address of the home your're buying or the Zip code is likely to give you information that is out of date.
I've had buyers pull up old MLS #'s and prices on homes from as long ago as one year, and it often gives conflicting information versus what is actually current and up-to-date.
Hope that helps!
Century 21 All Star, REALTORS... more
Possibly so! With an office in downtown Fountain Hills (West USA Realty), we are happy to work with our buyers to find a home that meets your specific needs and situation. If that means finding a home in which seller financing is a possibility, we would search for that. While most homes are not currently sold with seller financing today, there's always a possibility. The likelihood of success also depends upon your financial situation, credit history, the amount you have for a down payment, the terms you'd be able to offer the seller and so on. Send us an e-mail -- we'd welcome the opportunity to be of service.... more
Fountain Hills just completed a new "vision" concept for the downtown area. Various aspects of the concept may (or may not) be implemented over the coming years. The town is currently trying to implement one recommendation - planting more trees in Fountain Park. This is unlikely to affect housing at all. It will just make Fountain Hills an even nicer place to live!... more
Fountain Hills didn't see quite the boom that the rest of Maricopa County saw. It's always been a little more relaxed pace in Fountain Hills. At the same time, the area is feeling the effects of the current housing slump.
I tend to equate the Fountain Hills housing market with broader Maricopa County's condo market. Slow to react on the up tick. Quicker to react on the down tick. Overall, slow and steady.
When will it rebound? If anyone knew that for certain, they probably wouldn't share. In my opinion, the evaporation of many people's retirement funds, due to the significant declines in the stock market suggest Fountain Hills may be in it for longer than other parts of the Phoenix area.
Getting to your price question. There are a couple of homes under $1M that might meet your criteria, another 6 that feel between $1.2 and $1.9M. With a super nice home at $2.25M. Overall, not a huge number of homes to choose from, currently.
If you'd like more details, feel free to contact me. I'd be happy to chat further.... more