Arizona Real Estate Information
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Arizona Real Estate Information

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What You Never Wanted to Know About Arizona Subdivisions

If you own 6 or more properties in the same plat of land at any point in time and you offer any for sale then you are required to obtain a public report. This can be a situation where a person or entity obtains properties over a period of time and does not require the purchase or sale to occur at one point in time. Meaning if 2 properties were purchased every 2 years for 6 years and then 1 property was listed for sale then a public report aka Subdivision Disclosure Report would be required. As a result of this Arizona statue any bank that ends up owning 6 or more properties in one subdivision will be held liable for obtaining a public report. If they don’t then the buyer of the property will... [Read more...]

Arizona based Valley Cities

Phoenix and surrounding valley cities in Arizona are ripe with great real estate options. You can find the listings via the internet. You can also contact a real estate company in the surrounding areas and have them take you around to visit the different options that are out there. There are so many great properties to look at and you will find something that will suit your needs. Be sure that when you look at these properties you will have the idea of moving there. It is a great place to relocate a family to. There are many things to see and do and it has just about everything you can imagine. There are lots of positives about moving to the Phoenix and surrounding valley cities in Arizona. You... [Read more...]

Up and Coming Hot spots to buy a home near Phoenix, Scottsdale, Gilbert, Chandler, and the surrounding valley.

In the month of July 2009, over 10,444 homes were sold in the Phoenix metropolitan area. Arizona’s unemployment is in double digits, yet homes are selling like hotcakes. That seems to be a dichotomy in national economics. Regardless of the contradictory evidence of global, national, or international economic factors, the Phoenix market is hot. Choosing a community for your new home depends on your family situation, your life style, and what things you find important in a neighborhood. For those looking for a community that caters to family and family life, you may want to look at the Mesa and Gilbert community. Mesa and Gilbert are a quick drive south east of Phoenix directly off the interstate... [Read more...]

Logical Advice for Buying a Home

Rushing into a house purchase is all too common. As with romantic relationships, it’s easy to get swept away by emotion. Once you realize you’ve fallen in love with the wrong house, it may be too late! The consequences of a bad decision range from buyer’s remorse to foreclosure. When buying a home, avoid costly mistakes by using logic. Before looking at a single house, know whether you’re buying a house or a home. Will this be a place in which to raise a family? Is the purpose of buying a house primarily as an investment? Know what you can comfortably afford. Please note – this is not the same as how much you can borrow! Factor in a reasonable cushion for unforeseen maintenance... [Read more...]

Interesting Elements to buying Arizona Homes

I’ve been giving a lot of thought to the subtleties and landscapes (no pun intended) of real estate in Arizona, and have come up with a handful of tidbits which I find really different and interesting. I wanted to share them, so here goes. 1. Like just about everything else in the country right now, property prices in Arizona have plummeted over the last year. Zillow.com offer some great city-by-city statistics on this, if you’re interested in checking them out. While the prices have been cut in half (and by more than that in some places), now that the economy is supposedly on an up-swing, this means people with money to spend on real estate in Arizona have a great position. You can... [Read more...]

Arizona Foreclosures Still Some of the Highest in the U.S.

If economic growth statistics are any indication, Arizona foreclosure percentages continue to decline. Overall, in June and July of 2009 research by Metrostudy.com showed major growth in new home starts and existing home sales. In the second quarter of 2009 Phoenix-area contractors and builders started 1,654 homes, which was 58 percent more than in the first quarter of 2009. This information comes on the tail of news that shows in June of 2009 home sales rose and Phoenix foreclosures fell. According to a study by the Arizona State University Realty Studies department foreclosure activity in May represented 30 percent of all transactions. In February that percentage hit a high of 51 percent. Overall... [Read more...]

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