Whether you’re looking at Phoenix property bargain homes or Scottsdale real estate deals, your dollar will likely buy more house per square foot. So, in the end, it’s a win-win situation. You’ll be able to find great deals in Phoenix, Glendale, Cave Creek, Scottsdale, and other cities in Arizona with the help of a good real estate agent. The homes you’ll find will just call for a bit of maintenance but they’ll be shockingly affordable.
Arizona is currently the fastest developing state in the United States, beating Nevada, which held the title for the past 19 years. Thus, there’s never been a better time to make Arizona your next stop, whether if it’s to invest, live or retire. You’ll be able to find awesome Cave Creek and Scottsdale affordable prices, as well as a cheap Glendale property for sale. Wherever you are in Arizona, the present median home cost in the state is from $250,000 to $300,000, often with decent home square footage at around 1,000 to 1,500 sq. ft. Pre-owned homes may be sold at even more affordable rates.
While many people step away due to the current economy, now is in fact the best time to consider purchasing a home, particularly in Arizona. The real estate values in the area are almost the same as with the other places in the United States. Previously, most individuals have realized that there is a decline in the home values in some locations in the country. Unfortunately, because of the economic setup, careless financial performance coming from the government and centralized trade and industry processes have triggered distress for many workers. Thus, numerous homeowners have diverted to ARMs. The outcome has been a fluctuation of realtor values. visit us now!
Today, the government has looked into these economic problems by supporting both lenders and the workers. This has resulted in an incredible rise in the number of buyers. So, if you’re considering buying a home in Arizona, then this is definitely good news for you.
1% Down Opportunities
The current economic climate has left several individuals unable to put down enough money to buy a home for their family. However, there is now a program called the Arizona Home Buyer Solutions program that enables those who qualify to own their own home at last. At the same time, Phoenix real estate prices are at a low, so you might want to consider buying a home in that city and contact a Phoenix realtor.
There are companies are offering up to 2.5 percent as a gift for your down payment. Past programs usually had strict standards – you had to be a first-time home buyer, or could only buy single family units or homes that were foreclosed. Today, when you qualify, you won’t have to pay the money back, which you obtained as a gift if you maintain the mortgage or property for a minimum of five months. You may be able to buy a home with just 1% down payment. visit http://www.realtor.com/news/trends/reality-tv-shows-good-or-bad-for-real-estate/ today!
If you want to know more about this down payment assistance plan, contact your realtor. Generally, having an idea of the kind of property you want is essential. As you and your realtor start exploring homes in Arizona, make sure to record any features of particular interest about the property.