Tuesday, May 20, 2008
This Week - Four Properties Under $200,000!
This Week We Feature Four New Properties Listed For Sale, All Under $200,000. All These Properties Are In Desirable Northwest Valley Communities. All Would Be Great Real Estate Investments. If You Are Considering An Investment In Real Estate We Would Encourage You Not To Wait Too Much Longer. Interest Rates Are Low, The Property Values In The More Desirable, Stable Neighborhoods Have Bottomed Out. Demand For Rental Homes At Ultimate Properties Remains Strong. I Encourage You To Come Take A Look At What Is Available.
UNBELIEVABLE! $159,900 !
A Very Popular Northwest Valley Community With Solid HOA And Stable Property Values, This Lender Owned Property Will NOT Last Long. 1,721 Sq Ft, 3 Bedrooms, 2 Baths, Corner Lot, RV Gate - All For About $93 Per Sq Ft. Hurry.
Value - Near ASU West & Thunderbird Grad School
An Interesting Opportunity For The Right Investor, Here Is A Home Near Two Popular Educational Institutions - ASU West and The Thunderbird School Of International Management. 3 Bedrooms, 2 Baths. Offered For Sale At $169,000, Lender Owned For Quick Sale.
Never Lived In! Under $100 Per Sq Ft!
This 1,876 Square Foot Home Has Never Been Lived In - Brand New! ONLY $184,900! Three Bedrooms, Two Baths In A New Northwest Valley Community. Travertine Flooring, Granite Countertops, Large Bedrooms. You Really Should See This One!
Arrowhead Ranch, Gated Community, $199,900
This Home Has It All! Location, Amenities, Style. A Gated Community, Private Pool, Wood Floors, 3 Bedrooms, 2 Baths. Lender Owned For Quick Sale. Only $199,900
Great Properties Still Available
There are six properties under $250,000 still available from previous posts that make economic sense from an investment perspective. Let me know if you would like to look at one of these properties:
~ Great Location, Lake Community, 3/2, $199,900
~ Newer Property, New Community, 4/2, $219,900
~ 2,006 Sq Ft, 4/2, Cul-De-Sac, Pool, $219,900
~ Value & Location, Built 2006, 2,162 Sq Ft, $229,000
~ Fletcher Heights Location, 4/2, Large Lot, $245,000
~ Sierra Verde Community, 4/2, $247,900
It Is A Great Time To Get Back Into Real Estate. Interest Rates Are Low, Housing Prices In The Better Neighborhoods Have Bottomed Out. There Are Still Plenty Of People Looking To Rent. Call Me.
~ Great Location, Lake Community, 3/2, $199,900
~ Newer Property, New Community, 4/2, $219,900
~ 2,006 Sq Ft, 4/2, Cul-De-Sac, Pool, $219,900
~ Value & Location, Built 2006, 2,162 Sq Ft, $229,000
~ Fletcher Heights Location, 4/2, Large Lot, $245,000
~ Sierra Verde Community, 4/2, $247,900
It Is A Great Time To Get Back Into Real Estate. Interest Rates Are Low, Housing Prices In The Better Neighborhoods Have Bottomed Out. There Are Still Plenty Of People Looking To Rent. Call Me.
Monday, May 12, 2008
Take A Look At This Week's Five Properties
This week we feature five new properties that have the potential to be quality investments. Give me a call if you find one that is of interest to you. You should notice that of the three properties that we featured last week, two are already gone. This is a sure sign that the Real Estate Market in the Valley has begun to turn. We are at the bottom of the Cycle right now, this is the TIME TO BUY.
Under $200,000 - Investment Property With Pool
Location, location, location. This property sits in the heart of the northwest Valley's growth in a lake community. 3 Bedrooms, 2 Baths, Pool, Ceramic Tile throughout, RV Gate, Many Custom Features. Adjacent to Community Park with Basketball, Sand Volleyball, Picnic Tables, Children's Playground. At $199,900 this one will not last long!
Dynamite Mountain Ranch - $229,900
Location, Value, Function - This property is prime for appreciation. 4 Bedrooms, 2 Baths in the fantastic growth corridor of Dynamite Mountain Ranch. New shopping, theaters, transportation. This home sits in a quiet cul-de-sac and features many energy efficient extras.
2,006 Sq Ft + Pool - $233,500
Arrowhead Ranch Location - 4 Bedrooms, 2 Baths, Pool, Large Lot in a Cul-de-sac, Fireplace, Ceiling Fans. A great family home, a very nice investment. Lots of positive growth potential in this property.
Desirable Sierra Verde Location - $247,900
The Sierra Verde Subdivision is one of the most desirable locations in the Northwest Valley, just north of the 101 freeway between 67th and 75th avenues. This Fulton Home features one of their most popular 4 bedroom floorplans. Master suite features a luxurious bathroom with separte tub and shower, double sinks and many custom touches. This home is a solid investment.
2,162 Sq Ft - 3 Car Garage, NEW PRICE $229,900
Built in 2006 in growing North Phoenix location, this 4 Bedroom, 2 Bath home will be a Great Investment. Features include a split floor plan, ceramic tiles in all the right places, granite counter tops, many energy features. Close to new shopping, parks and transportation.
Tuesday, May 6, 2008
Three New Properties To Consider
Take a look at this week's three featured properties. There are some very good deals on residential real estate right now - and, there are some attractive financing options as well. If you see something that interests you, please contact me at 602-625-1656 or at realestateviews@gmail.com. - Larry Allen
2,160 Square Feet For $209,000 - TOO LATE, GONE!
Newer Home In The Growth Corridor Of The Northwest Valley. 4 Bedrooms, 3 Bathrooms, Large Formal Living Room, Dining Room, Spacious Kitchen Opens To Bright Family Room, Close To New Shopping Including Super Target, Super Wal-Mart, Home Depot With More Under Construction.
A Rare Fletcher Heights Find!
$199,000 In Sierra Verde - SOLD!
4 Bedrooms, 2 Baths, Private Cul-De-Sac, Pebble Tec Pool With Waterfall, Gas Fireplace, Wood Blinds - Move-In Ready.
Friday, May 2, 2008
NOW IS A GREAT TIME TO BUY REAL ESTATE!
Five Reasons Why Now Is A Great Time To Buy Real Estate
It is springtime here in the Valley, historically the best time of the year to go house-hunting. Even though the weather is great right now, this year there are at least five compelling reasons that make this a great time to do more than just look at homes – Now is the time to buy. Here are my top five reasons to buy a home now:
1.) Record Inventory. There are more homes for sale on the market right now in the Valley than there have ever been. Americans like choices, right now there is something for everyone out there.
2.) Reduced Competition For Deals. For whatever the reason, many potential buyers are waiting for conditions in the market to change. Even though there is a record inventory of homes for sale in the Valley, the number of buyers is much smaller than in recent history. This translates to a “Buyer’s Market” where the buyer has the upper hand in carving out the deal.
3.) Low Interest Rates. Interest rates for mortgage loans continue to hover in the low six-percent range. Even though mortgage rates have remained historically low for a period of time, they can’t remain low forever. When the Real Estate market begins to heat up it is predicted that interest rates will rise to slow inflation.
4.) Value. Buyers tend to wait for the best time to buy real estate. We all want the best value for our dollar. Buyers continue to ask me if the market has “hit bottom” yet. Many are waiting for that magic day to enter the market. Bottom is a relative term, and can only be seen in the rear view mirror as the market recovers, many times very quickly. If we are not now at the bottom, we are very close. Even if you might now pay just a little more than you might a few weeks from now, historical appreciation and a small up-tick in interest rates will make the difference irrelevant within a very short period of time.
5.) A Safe Investment. A rule of thumb in real estate that has been proven over and over here in the Valley continues to be true even in this “correction;” the value of real estate will double every ten years. Currently the National Association of Realtors is touting this fact in their national advertising campaign. My father bought a home in central Phoenix in 1958 for $18,000, following that rule of thumb that home in 2008 should be worth $576,000. In fact that home sold in 2006 for approximately $780,000! We have seen many cycles in the Valley real estate market over the last 50 years, but home values have always bounced back.
There May Never Be A Better Time To Buy Real Estate; Record Inventory + Buyer’s Market + Low Mortgage Interest Rates + Value For Your Dollar + A Safe Investment = Sweet Real Estate Deals!
ZERO DOWN IS BACK!
Zero Down Is Back!
New FHA Program Provides Incentives For Home Buyers
The Federal Housing Administration (FHA) recently announced adjustments to the loan programs that the government will stand behind. Lending limits have been increased, interest rates have decreased and the fed is allowing Sellers to pay up to three percent of normal closing costs. This new program will provide up to 97% of the appraised value of the property - however, the fed will also allow third party participation to cover the remaining 3% required to fund the purchase of the property - A True 100% loan program. Mortgage interest rates are now in the low six percent range. Monthly principal and interest payments on a home purchased for $200,000 could be as low as $1,218 under this 100% program.
For More Information Regarding This Mortgage Program Call:
Ken Seaver
American Mortgage Group
480-785-6035
480-609-5164
There Is No Cost or Obligation For A Pre-Qualification Letter From Ken.
It is springtime here in the Valley, historically the best time of the year to go house-hunting. Even though the weather is great right now, this year there are at least five compelling reasons that make this a great time to do more than just look at homes – Now is the time to buy. Here are my top five reasons to buy a home now:
1.) Record Inventory. There are more homes for sale on the market right now in the Valley than there have ever been. Americans like choices, right now there is something for everyone out there.
2.) Reduced Competition For Deals. For whatever the reason, many potential buyers are waiting for conditions in the market to change. Even though there is a record inventory of homes for sale in the Valley, the number of buyers is much smaller than in recent history. This translates to a “Buyer’s Market” where the buyer has the upper hand in carving out the deal.
3.) Low Interest Rates. Interest rates for mortgage loans continue to hover in the low six-percent range. Even though mortgage rates have remained historically low for a period of time, they can’t remain low forever. When the Real Estate market begins to heat up it is predicted that interest rates will rise to slow inflation.
4.) Value. Buyers tend to wait for the best time to buy real estate. We all want the best value for our dollar. Buyers continue to ask me if the market has “hit bottom” yet. Many are waiting for that magic day to enter the market. Bottom is a relative term, and can only be seen in the rear view mirror as the market recovers, many times very quickly. If we are not now at the bottom, we are very close. Even if you might now pay just a little more than you might a few weeks from now, historical appreciation and a small up-tick in interest rates will make the difference irrelevant within a very short period of time.
5.) A Safe Investment. A rule of thumb in real estate that has been proven over and over here in the Valley continues to be true even in this “correction;” the value of real estate will double every ten years. Currently the National Association of Realtors is touting this fact in their national advertising campaign. My father bought a home in central Phoenix in 1958 for $18,000, following that rule of thumb that home in 2008 should be worth $576,000. In fact that home sold in 2006 for approximately $780,000! We have seen many cycles in the Valley real estate market over the last 50 years, but home values have always bounced back.
There May Never Be A Better Time To Buy Real Estate; Record Inventory + Buyer’s Market + Low Mortgage Interest Rates + Value For Your Dollar + A Safe Investment = Sweet Real Estate Deals!
ZERO DOWN IS BACK!
Zero Down Is Back!
New FHA Program Provides Incentives For Home Buyers
The Federal Housing Administration (FHA) recently announced adjustments to the loan programs that the government will stand behind. Lending limits have been increased, interest rates have decreased and the fed is allowing Sellers to pay up to three percent of normal closing costs. This new program will provide up to 97% of the appraised value of the property - however, the fed will also allow third party participation to cover the remaining 3% required to fund the purchase of the property - A True 100% loan program. Mortgage interest rates are now in the low six percent range. Monthly principal and interest payments on a home purchased for $200,000 could be as low as $1,218 under this 100% program.
For More Information Regarding This Mortgage Program Call:
Ken Seaver
American Mortgage Group
480-785-6035
480-609-5164
There Is No Cost or Obligation For A Pre-Qualification Letter From Ken.
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