Desert Village Homes for Sale List

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Desert Village Homes for Sale are located in our Arizona Homes for Sale search area. Search yourself or call an Arizona real estate agent at RCP. You can e-mail or call us for showings on any property.
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Should I consider buying Arizona short sales?

What are the pros and cons of Arizona short sales and should I consider buying one?

Let’s examine the pros and cons of Arizona short sales vs. a regular sale transaction:

Pros

1. The asking price on Arizona short sales are often less than that of a typical real estate listing.
2. The homes are usually occupied and are well taken care of.
3. Depending on your current market conditions, short sale listings may be all that are available.

Cons

1. The asking price is a little ambiguous. Remember the bank has to be okay with the asking price in the end before they give the approval. If the banks appraiser comes in higher than the list price, then the bank can say they want you to pay the appraised amount.
2. The homes are occupied and are harder to view.
3. The bank may reject the short sale after a few months of waiting. The bank still qualifies the seller to make sure they cannot pay the difference between the asking price and the mortgage amount. Also the price may be too low.
4. Short sales can take a long time. Short sales have been know to take up to a year for approval. Usually it is around three months.

Back to the original question: Should I consider buying Arizona short sales? Well, all in all, it depends on what kind of buyer you are. If you are not in a hurry, and are looking for the best possible deal, then Arizona short sales can be a great way to build wealth or find your dream home.

Buying Arizona Land or Arizona Lots

Arizona Lots and Arizona Land Acreage

In Arizona, most of the state land is owned by the government. The small percentage of Arizona land and Arizona lots that are privately owned are broken down into a few different types. Here is some verbiage you should know:

Raw acreage- No utilities like city water or wells, sewer, electricity. The ability to bring the utilities to the property may be close by, but is not currently on the property.

Off the grid- No availability to connect to the electrical grid. You’ll need solar, wind, or hydro power. These properties usually do not have sewer or water unless a well has been drilled.

Land locked Acreage-These types of properties have no legal access. Zoning does not allow you to create these types of properties anymore, however, some still exist and you will need to be aware.

Utility Accessible acreage- These properties don’t currently have utilities, however, they are close by.

Improved lots- These usually have been graded and have a road, as well as utilities, on the lot. Often times, they are part of a subdivision or master planned community. These can be ready for custom homes or some allow only tract type homes.

RCP can assist in selling or buying any Arizona land or Arizona lots. All Arizona land and all Arizona lots can be found by searching with our search tools. Call RCP for more details.

Facts About Mesa Real Estate

Buying Mesa Real Estate

Mesa Real Estate is some of the most desirable real estate in the country. Due in part to the great winter weather and proximity to metro Phoenix, Mesa real estate is a great choice for a large demographic. With that being said, Mesa real estate has it quirks. A few things you will want to look out for:

1. Are you buying in a historical district? These historic district homes can be nice, but you can be restricted in what you can and can’t do to the property.

2. Are you close to railroad tracks or light-rail systems? You will want to keep your eye out because otherwise, you may not notice that annoying train sound every hour until you move in.

3. Are you buying in a Superfund site? These are designated areas throughout the valley that are flagged due to their bio-hazardous nature or history. Usually someone located nearby has contaminated the ground and the ground water affecting the Superfund site area. This can be a big, “Oops!” if your Realtor is not paying attention.

4. Are you buying on a busy street? Noise, safety, and accessibility in and out of your driveway can be a few issues you may face on a busy road.

5. Are you buying in an age restricted community? Some communities set a limit on how old you must be before you can buy in certain neighborhoods. Many times, fifty-five and older is the restriction.

Just know that at RCP we look for these things. We have proprietary mapping software to check Mesa real estate for Superfund sites, historical districts, and train tracks. Call us to check the property you may be interested in and we will send you an external obsolescence report.