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Home Buying in Scottsdale : Real Estate Advice

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  • Home Buying201
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Activity 159
Sat Mar 3, 2012
James Wehner answered:
All costs are negotiable except one instance. The buyer could pay all or none of the seller's closing costs as well as the seller can pay all or none of the buyer's closing costs.

It depends on the situation regarding who pays for what closing costs. The only time it's not negotiable are when it's a VA loan. There are costs that the seller must pay for the buyer, the escrow fee and tax service contract.
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Tue Jul 3, 2012
answered:
I just finished my video on what's going on in 85255.

http://screencast.com/t/JJ6LSq60wyuS

The land just north of Scottsdale after Grayhawk will eventually be developed, however, it is cheaper to buy today than to build.

Los Portones commuinity has gone up in price due to Canadian demand for that kind of development.

Hope this helps!

Terry S. Smith
Scottsdale Luxury Homes
DPR Realty LLC
8341 E. Gelding Drive
Scottsdale, AZ 85260
Direct (602) 763-1858
ScottsdaleForeclosures@Gmail.com
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0 votes 6 answers Share Flag
Mon May 7, 2012
Chris & Michelle Spalding answered:
I remember clearly moving into my first 1200 sq ft home when I was 25. This may not apply to you, but heres some things that applied to me over 16 years ago. I realized I didnt own much furniture, and certainly not enough for a single family home! I had not planned for additional expenses after I had moved in, the first shock was window coverings, I had to spend over 2k on blinds. The next was landscaping, my home was new and I soon found out how easy it is to drop 5-10k even on a very basic yard. As far as the purchase itself, I had 5% down payment saved, and the transaction itself was very smooth, it was the after move in shocks that got me! Hope this helps! ... more
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Thu May 17, 2012
Don Tepper answered:
Wait another year. Or, better yet, check with a lender and determine whether you can buy today.

True story: A few years back, as an investor I was offering a property on a lease-option. I had one very interested couple. He'd recently gone through a bankruptcy (he'd owned a business that had gone under). But his record up to that point had been good. His wife had good credit and a good income. I referred him to a lender I used (which is something anyone promoting a lease-option should do), and the next day I got a call back from the lender. Turns out the couple was qualified to purchase a property, and that's what they ended up doing. Bottom line: Don't assume you won't qualify without first talking to a lender.

I love lease-options. In the right situation, they're a definite win-win for both owner and tenant-buyer. But if you can buy today or position yourself to buy in one year, then wait. You'll have a much wider selection of properties and more negotiating leverage than if you go for a lease-option today.

Hope that helps.
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Wed Feb 15, 2012
A. J. Stewart answered:
Hello,
To answer your question, yes absolutely. I can send you a list of available homes via email and you can check them out. I will only send you ones that meet this criteria. Please call me at 480-217-2167. Thank you.
AJ Stewart
Veracity Realty Group
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0 votes 1 answer Share Flag
Sat Jan 7, 2012
Ron Thomas answered:
Your Realtor should be willing to do a CMA to determine the WORTH of the property.

I wouldn't begin to guess that without the CMA.

Good luck and may God bless
0 votes 5 answers Share Flag
Fri Jan 6, 2012
Laura Myers PLLC, CLHMS, GRI, answered:
I don't think you ever need to knock anyone. You show up with results you can prove you'll never need to knock anyone, good luck!
Laura Myers
AZ Real Estate Consultants
Keller Williams AZ Realty ... more
0 votes 20 answers Share Flag
Thu Feb 9, 2012
Lee answered:
The very best ROI is in the $60k - $90k range, 3BR+ and the best price value is in the SW Phoenix area and the Quenn Creek/ San Tan Valley areas. Get a newer [ >2004] home to preclude excessive maintenance costs/problems. Happy to help if you need it. ... more
0 votes 26 answers Share Flag
Thu Nov 3, 2011
Laura Myers PLLC, CLHMS, GRI, answered:
I grew up in southern CA but have lived in Scottsdale 14 years now. Scottsdale is one of the most sought after cities in AZ. Your communication and access to web is critical to a good sight unseen property. It is possible but you'll need guidance. View homes at www.DesertRidgeLifestyle.com.
I can help
Laura Myers
Keller Williams AZ Realty
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0 votes 18 answers Share Flag
Sat Jul 7, 2012
Brian Goldberg answered:
Go with your gut. If you will be disappointed that you lost the house for $5-10k, make the higher offer. If your first offer is the most you want to pay, let it go. Unless the house is very unique, perhaps a better one will come along. Good luck! ... more
0 votes 16 answers Share Flag
Mon Jan 16, 2012
Laura Myers PLLC, CLHMS, GRI, answered:
Its a material matter but there would be no responsible way to assure you without review of the contract. Seek the broker advise and tell them what you want to do they should advise you properly or seek legal counsel as there is a cancellation clause in the contract you'll just have to know what it will cost you (ie earnest money or more).
Good luck
Laura Myers
AZ Real Estate Consultants
Keller Williams AZ Realty
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0 votes 22 answers Share Flag
Sat Jul 7, 2012
Anna M Brocco answered:
First and foremost make sure you like each other since you will be spending some time together. Interview two-three agencies and don’t be too concerned as to their locations; sometimes a local broker is no more skilled than one just outside your area. Ask about scheduling around your needs, who will choose the properties to be seen, can you expect updates on new listings and recently sold properties, and how often will communication occur, etc. Ask about current sales in your areas of interest, negotiating strategies, etc. Be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously. ... more
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Sat Jan 7, 2012
Dp2 answered:
Before networking with any agents, you probably should check out at least one of the REI clubs in that area.
0 votes 7 answers Share Flag
Sat Jul 7, 2012
Sally Grenier answered:
Theoretically, a Realtor can show any property anywhere in your state. However I would ask the agent and see if he/she is open to showing you a property that far away. (I would think they wouldn't mind) But..they may not have as much knowledge or experience with that area. Some agents prefer to focus only on one area, and may decide to refer you to an agent in the other area. ... more
0 votes 32 answers Share Flag
Sat Jul 2, 2011
Barbara Woyak answered:
If you can't find a website for the community then I would suggest working with a real estate agent that can send you a link from the MLS. It has a tab that will connect you to IMAPP so that you can see where in the complex each of the units is that you are interested in. ... more
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Fri May 18, 2012
Pacita Dimacali answered:
There is not one answer to your question....there are no percentages, rules, etc regarding how much more a buyer should offer in a situation like this.

What does your realtor say?
What did you offer in the first place?
And how does that compare with current market values of similar properties in the neighborhood?

Remember, even if you write an offer for above list price, if you're getting a loan, that property will have to appraise for what you offered in order for the loan to be approved.

Good luck!
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0 votes 124 answers Share Flag
Sun Apr 21, 2013
Annie Price answered:
Ask your realtor to give you some clarification regarding the Obama thing.

It is very common for the negotiators on your file to change. It's a high turnover job. Sometimes it's even a good thing as someone new is fresh and ready to move through the files. Do you know if there is one loan or two that need to be negotiated? ... more
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Mon Jun 6, 2011
Randy Hooker answered:
You would be amazed at what you can get by Googling the address. Try it and see! :)

Otherwise, below is a link to the full MLS listing for this property.
0 votes 13 answers Share Flag
Fri Sep 9, 2011
Laura Myers PLLC, CLHMS, GRI, answered:
Not 100% sure if it was your offer or another. If I have a solid offer on a short sale that is signed my seller by MLS rules I have to change to AWC = Active with Contingency but it remains active. I've seen other agents change to TOM = Temporarily off market. I am of the mindset to collect back up offers as buyer walk. The foreclosure date can be pushed out so that is not a concern. Perhaps the good enough offer is a buyer of theirs so they know they'll stick with it. Many factors
Laura Myers
Keller Williams
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0 votes 11 answers Share Flag
Mon Jun 6, 2011
Tim Moore answered:
Over time you meet and deal with many different home inspectors. If I am on the listing side I don't get to pick and am forced to deal with who the buyers use. Sometimes I am amazed at the CR#P these home inspectors bring up. Like saying, "That HVAC unit is old and won't go much longer"or "that roof looks like it will leak soon". How do they know? I use inspectors that do a good job and are realistic and not searching to defend their $400 they charge for an inspection. I don't even look to see if they are ASHI or not, I use who I have trust in and I give the buyers several fro them to pick from. ... more
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