Lyn Rae Park Homes for Sale List
Lyn Rae Park Homes for Sale Currently Active
Lyn Rae Park 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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Arizona Short Sales
What are Arizona short sales and should I consider them?
Arizona short sales are like other transactions in many ways. Let’s focus on the differences between a regular real estate listing and a short sale listing.
A “Short Sale” is when a homeowner and a bank cooperate and agree to sell a piece of real estate for less than what is owed on the lien or mortgage. Usually this takes place when there is a good reason why the current owner can’t continue to make the payments or pay the difference between the mortgage and the selling price. Why would a bank take, as a payoff, anything less than what they are owed? The same reason credit card companies do, some money is better than less money down the road. If a bank were to say no to a Arizona short sale and decide to play hardball, their only other recourse would be foreclosure. This would mean:
1. More time not getting paid.
2. A house that is empty and not being taken care of and possibly vandalized.
3. Lawyer and trustee fees
4. Holding cost to upkeep the property
5. Closing costs, and they still need to pay the Realtors, title agencies, cleanup crews, rehab costs, etc.
Arizona short sales can be a big no-brainier for banks, however, some banks get the concept better than others and try to streamline the process. While other banks bury their head in the sand and foreclose. Obviously, we don’t see the entire picture. I’m sure banks have their reasons for not doing Arizona short sales. Even with streamlining, short sales can take months to get approved as the bank must qualify the seller for the short sales, approve the asking price by getting an appraisal, and dot all the I’s and cross the T’s. Not all Arizona short sale agents are the same. Call us at RCP.
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.
Things to Do Near Mesa Real Estate
City and Area Amenities for Mesa Real Estate
Mesa real estate is very popular retirement area and has no shortage of family activities either. If you are considering buying or selling Mesa real estate, there are many area attractions you will want to know about. Here is a short list of visitors’ and residences’ favorite things to do within a reasonably close proximity to Mesa real estate. Mesa real estate is close to various hiking, biking, and sightseeing trails if you are into the outdoors; San Tan State Park, Camelback Mountain, and the Superstition wilderness hold a few. In addition to the many wildernesses and recreational areas, there are equestrian parks and arenas for you and your horses. Hundreds of parks, play areas, dog parks, and common areas, all waiting to be explored with your kids or dogs. Other outdoor activities in close proximity to Mesa real estate include drive in movie theaters, outdoor malls, water-parks, amusement parks, and model airplane airports, just to name a few. If you are not into the outdoors, there are dozens of cultural centers, malls, historical sites, and auctions. Buying Mesa real estate is all about location and, rest assured, the greater Phoenix area is a very desirable location.