Starter Homes & Investment Properties

This Week I Focused On Finding The Best Deals For A First-Time Home Buyer OR An Investor Looking For A Property Priced Under $120,000. I Found Quite A Few - I Have Posted Four Of The Most Interesting Homes Here.
Let's Do The Math; For A First-Time Home Buyer There Are "Zero Down" FHA Programs Available That Will Enable The First-Time Buyer To Get Into A Home For Less Than $1,000 Initial Investment, With A Monthly Obligation Of About $1,000 (PITI, Mortgage Insurance, HOA). For An Investor The Monthly Rents On These 4 Properties Would Be Approximately $925+. These 4 Homes Provide Great Opportunities For Appreciation.
Please Give Me A Call If You Have Interest In Learning More.
Larry Allen ~ 602-625-1656

DEAL OF THE WEEK - $99,900

This Is Definitely The Deal Of The Week, Maybe The Deal Of The Month! 1,603 Square Feet For ONLY $99,900 - Unheard Of! You Cannot Replace This Home For The $62 Per Sq Foot Price Tag. This Property Is A 3 Bedroom, 2 Bath Home, Built In 2003. Travertine Tile, Some TLC Needed, But Not Much. New Area, New Subdivision, Close To New Shopping, Restaurants, Schools and Transportation.
You Cannot Go Wrong With This Property - It Will Not Last Long At This Price!
Call Me Soon! Larry Allen ~ 602-625-1656

$114,900 - New West Valley Location

Built In 2004, Nearly New Inside and Out. 3 Bedrooms, 2 Bath With Tile In All The Right Places. Professionally Landscaped. Close To New Shopping, Restaurants, Transportation. The Lender Says, "Sell It!" A Great Price For A Comfortable Property.

Sorry About The Photo, Not Sorry About The Value!

The Photo Does Not Do This Home Justice! Another Lender Owned Property That The Lender Is Very Anxious To Sell. Priced At $118,900. Well Located. 3 Bedrooms, 2 Baths. Ready To Go. 1,407 Sq Ft. Nice Starter Home - Great Investment Property.

Don't Wait - This Will Sell Quickly @ $119,900

Very Popular Subdivision In The West Valley Insures Value For Years To Come. Only $119,900 For This 3 Bedroom, 2 Bath Home That Features Many Custom Upgrades Including Custom Paint, Fireplace, Community Pool, Covered Patio, Mature Landscape On Automatic Watering System and Minimal Traffic. A Great First Home - Or, Investment Property. Call Me For Details.

Canvassing The Valley For Deals - All Price Ranges

The Lenders Have Taken Control Of Properties All Across The Valley, In All Price Ranges. This Week We Take A Look Across The Spectrum And Focus On Examples From $99,000 To $1,000,000.
I Have Studied The Statistics Of Sales, Listings, Prices And Trends And Have Come To The Conclusion That This Summer Will Mark The Bottom Of This Real Estate Cycle. Buyers Are Re-Entering The Market And Taking Advantage Of The Type Of Deals I Post Each Week. Sales For June Are Up Over The Previous June Sales By A Significant Number. If You Are Considering Buying Real Estate, Don't Wait Too Long - The Train Is Leaving The Station - All Aboard!
Call Me ~ Larry Allen ~ 602-625-1656

$99,000 Are You Kidding Me?

NO! The Lender Has Taken Over - The Lender Says Sell It! 1,537 Sq Feet, 4 Bedrooms, 2 Bathrooms, 2 Car Garage, Built In 2005. This Home Is Close To New Shopping, Schools And Quick Access To The Valley's Freeway System. A Great Starter Home, A Great Investment Home (This Home Would Rent For Approximately $850 Mo.) This Home Will Not Last At This Price. Call Me - Larry Allen - 602-625-1656

Have $250,000 And Want A Great Deal?

The Lender Has Taken Possesion Of This 3,900 Sq Foot Home And Wants It Sold. There Is A Lot To Like About This Surprise Home; Built In 2005 On A Large Lot, This Home Features 4 Oversized Bedrooms With Walk-in Closets, 3 Bathrooms, 3 Car Garage, Wood Shutters, Granite Counters, Maple Cabinets, Double Ovens, Extended Patio, And Many Extra Features. This Is An Amazing Deal At $65 Per Sq Foot. THIS IS THE DEAL OF THE WEEK!

Best Buy For $500,000 - Found In NW Valley

There Is A Lot To Love About This Property; Mountain Views, City Lights, Privacy Surround This 4,425 Sq Foot Home Built in 2002 On Over 1.25 Acres Of Land. The Home Features 6 Bedrooms, 3 On The Ground Floor, 3 Upstairs, 4 Full Bathrooms, 4+ Car Garage. This Is A Custom Home, A Dream Home With All The Extras And Upgrades - Certainly A Bargain At Only $113 Per Square Foot.

What Can I Buy For $750,000?

At Troon North In Scottsdale You Can Buy This Spectacular Property With Unobstructed Views Of Pinnacle Peak! Along With Unbelievable Views And A Million Dollar Location, This Property Features 4 Bedrooms, 4 Baths, 3 Car Garage, Gourmet Kitchen, Stacked Stone Fireplace, Jetted Tubs, Snail Showers, Heated Pool & Spa, Water Features, BBQ & View Deck. Unbelievable Property - All For Only $250 Sq Ft - Location, Views, Amenities.

$One Million - Scottsdale

What Can You Buy In Scottsdale Arizona For One Million Dollars? How About This Lender Owned 4,800 Sq Ft Custom? This Home Features 4 Bedrooms, 4 Bathrooms, 4+ Car Garage, 1/2 Acre Lot, High End Granite Counters, Alder Cabinets, Viking SS Appliances - Too Much To List. Never Lived In. $208 Sq Ft For Location, Location.

5 Homes - All Under Replacement Cost

This Week's Posts Feature Five Homes Priced Under The Cost To Replace Them. There Are Still Some Great Real Estate Investment Deals In The Metro Phoenix Area. However, I Have Noticed That Listings Have Slowed Way Down. Great Deals Are Few, And Far Between - And Do Not Last Long. Now Is The Time To Jump On The Train, Because It Is Leaving The Station Again - It Is My Opinion That This Real Estate Cycle Has Hit Bottom. If You Have Interest In Investing In Real Estate, The Time Is Now - Call Me - Larry Allen - 602-625-1656

This Week's DEAL! $112,900

2,109 Square Feet - 4 Bedrooms + Loft, 3 Bathrooms, Less Than $54 Per Square Foot. Lender Owned, Lender Is Anxious To Unload This Property Quickly. If You Have An Interest In This Property You Will Need To Act Quickly - Please Call Me - Larry Allen 602-625-1656

Handy Man Special - 3,075 Sq Ft - $176,900

This Lender Owned Home Needs Some Work, But May Still Be A Great Investment Opportunity Because Of Its Location. 5 Bedrooms, 3 Baths, 3 Car Garage. Needs Cabinets, Countertops, Doors, Appliances, etc. However, At $176,900 There Is Still Room For Some Sweat Equity.

Location, Location, Size & Price - $185,000

Built In 2005, This 2,520 Square Foot, 4 Bedroom, 2 Bath Home Is For Sale @ Only $73.41 Per Square Foot. This Property Has A Split 3 Car Garage, And Many Extras, Including Luxurious Master Suite, Ceramic Tile, 9' Ceilings, Gas Appliances - Heat. A Sure Investment Winner.

Huge Cul-De-Sac Lot With Pool - $220,000

This Home Features 4 Bedrooms + Loft (all bedrooms have walk-in closets) 3 Bathrooms, 4 Car Garage (one bay is tandem), Stainless Steel Appliances, Professionally Landscaped, Pool With Beach Entry & Fiber Optic Lighting, Many Extras. 3,190 Square Feet @ $220,000 = $69 Sq Ft.

3,318 Sq Ft + Pool - $222,000

5 Bedrooms, 3 Bathrooms, 3 Car Garage, Pebble Tech Pool and Spa, Granite Counter Tops, Stainless Steel Appliances, 18" Tile, Professionally Landscaped, Many Other Upgrades. Only $67 Sq Ft.

This Week - 6 Great Real Estate Values!

This Week I Looked For The Best Values I Could Find That Fit Into The Following Criteria; Listed For Less Than $230,000, 4 Bedrooms Or More, 3 Car Garage, Less Than 3 Years Old - and, Under $75 Per Square Foot. Look What I Found - 6 Great Properties, All Well Located For Investment (Rental Potential), Or For Owner Occupancy. The Deals Are Out There, But We Are Seeing Evidence That The Real Estate Market Has Begun Its Recovery.
If You Are Interested In Investing In Real Estate, Or You Are Looking For A Home For Yourself - NOW Is The Time To Get Serious.
Please Call Me - Larry Allen, Associate Broker For Ultimate Properties, 602-625-1656

Take A Look At This Gem! - Only $189,900

A Lender Owned Property That Has Been Priced Right To Sell Quickly. 2,904 Square Feet Built In 2005 - Features 4 Bedrooms, 3 Bathrooms, 3 Car Garage. At $65.39 Per Square Foot This Home Is A Certain Investment Winner. Please Call Me If You Have Any Interest In Seeing This Property - Larry Allen 602-625-1656

Great Home - Under $200,000

Asking $195,000 For This 2,701 Square Foot Home Which Features 4 Bedrooms, 2 Baths, 3 Car Garage, Formal Living & Dining Rooms, Cherry Cabinets, Granite Countertops. Master Suite Features Jetted Tub, Double Sinks, Separate Shower. RV Gate, Fully Landscaped - Ready to Move In. A Great Value at $72.20 Per Sq Foot.

5 Bedrooms, 4 Bathrooms - Only $205,900!

3,174 Square Feet For Only $205,900 - This Lender Owned Property Is Poised For A Quick Sale. 5 Bedrooms, 4 Bathrooms, With Loft and Den, 3 Car Garage. Less Than 3 Years Old - It Does Not Get Much Better Than This For Value In Real Estate - Less Than $65 Per Sq Ft.

Beautiful Tuscan Style Home - Only $214,900

Lender Owned - Lender Wants It Sold! Less Than $70 Per Square Foot For This 3,077 Sq Ft Homje. Features 4 Bedrooms, 3 Baths, 3 Car Garage - Upgraded Flooring Throughout, Huge Master Suite With Sitting Room. Built in 2005.

5 Bedrooms - 3 Baths, Only $225,000

3,626 Square Feet of Luxury In This Bargin Real Estate Investment. No One Has Ever Lived In This Home That Features 5 Bedrooms, 3 Bathrooms, Fireplace, 3 Car Garage, Large Corner Lot, Oversized Backyard. The Kitchen Has Stainless Steel Appliances, Marble and Upgraded Tile. Value, Value, Value at $62 a Sq Foot.

DEAL OF THE WEEK! 4,091 Sq Ft - $229,900

This HUGE home is being offered for only $56.20 per square foot! 1/3 Acre, Corner Lot, 4 Bedrooms + Den, 4 Bathrooms, 3 Car Garage. Lender Owned - Lender Says, "Sell it!"