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Home Buying in Rio Rico : Real Estate Advice

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  • Home Buying12
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Activity 8
Mon Apr 15, 2013
Roswell Moore, answered:
What property or are are you referring to with your question? Real estate taxes here in AZ are typically pretty low when compared elsewhere.
0 votes 3 answers Share Flag
Wed Sep 12, 2012
Carlos Ramos answered:
Hello Blas

The best way to get the most up to date and accurate information is to contact a local REALTOR.
0 votes 2 answers Share Flag
Mon Apr 4, 2011
Laura Feghali answered:
Hello Scooby_dooby_snax,
Yes, there is a loan program called a 203K which is a type of mortgage that includes money for construction repairs. Here is a link from the HUD site with additional information:

http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/203k/203kabou

Also, I suggest that you contact a mortgage broker to learn more about it and to determine if you and the property qualify for this type of loan.
Good luck!

Laura Feghali
Prudential Connecticut Realty
... more
0 votes 1 answer Share Flag
Thu Sep 16, 2010
Jeffrey Masich answered:
Dear Art:

In AZ, the county will adjust the market assessed value of the property itself first. This applies to the following year. This in itself does not mean anything. Later in the year, the tax "rate" is determined based on the upcoming budget. The county has to pull in the revenue they need to operate. The tax "rate" is determined from this.

Even if the assessed value goes down, the tax rate is likely to go up. There may be little or no reduction in taxes.

Each Arizona county makes their own determination based on their budget.

Regards,

Jeff Masich
Arizona Homes and Land
http://ArizonaHomesLand.com
HomeSmart
Scottsdale
... more
0 votes 2 answers Share Flag
Wed Sep 15, 2010
Sandra Paulow answered:
The square footage of a property is up to the buyer to verify if it is of importance to the buyer. Real Estate professionals are not appraisers and it isn't the Real Estate professional's responsibility to verify square footage. For the most part Real Estate professionals use the County Records for square footage amounts. If the County Records are not correct the professional is not responsible. You shouldn't put too much store in square footages from Trulia or Zillow or other resources either. Square footage can vary a great deal from one property to another, even if they are the same model and floor plan. If square footage is of concern to you as a buyer, it is up to you to pay a professional appraiser to verify it. ... more
0 votes 6 answers Share Flag
Wed Jun 30, 2010
Juli Morelock, GRI answered:
Technically, the only square footage that should be shown for a house is heated, living square footage. This should not include the garage. It is misleading to buyers when garage square footage is added in as this makes a price per square foot look more advantageous. ... more
0 votes 4 answers Share Flag
Sat Feb 1, 2014
Lisa Smith answered:
Hi Lorrie,
Rio Rico is a beautiful area, that really is not that far from Tucson, as well as other smaller communities. Yes, they do have their own police & fire departments, (I believe they have 2 fire depts) and as far as the closest hospital, that would be in Nogales, AZ, about a 15-20 minute drive. My office currently has a home listed in Rio Rico, you could look up on this site with the address...1231 N. Pendleton Dr. It is a beautiful home on a huge lot. It really is beautiful there! If you'd like more information on the area, or would like to see the home, you can contact me directly at (520)490-8634. Thanks! ... more
0 votes 4 answers Share Flag
Fri Oct 19, 2007
Ute Ferdig answered:
It sounds like they have been trying to work with you on resolving the other issues that have come up in the past. Have you asked them about cancelling the contract? I would think they'd be happy to let you out and give you your earnest money back. The house they can build for you just does not seem the right fit for you. Good luck with that. ... more
0 votes 12 answers Share Flag
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