Southlin Homes for Sale List
Southlin Homes for Sale Currently Active
Southlin 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.
Find great Arizona investment property!
Fantastic CAP rates on Arizona investment property!
To find great deals in Arizona you are going to want to look for the properties you can buy cheap with some kind of upside, whether that upside is a higher selling price after you have rehabbed or remodeled, or if that upside is a great CAP rate or monthly rent. Good upsides can also be found in financing. For example, if you can pick up a piece of real estate at 4% interest and resell it at 9%, there is your upside. Maybe you can find a lease option at a great rate and then get a sublease at market rates.
So you ask yourself, “Okay, so I know how to recognize great real estate deals, but how do I find them?” You are going to have to watch the trends. Arizona investment property cycles like any other type of real estate. Let me explain.
If you are in a seller’s market for residential homes and the rental market is not growing as fast, buying a 4-plex is a logical move. If interest rates are on the rise, pick up some Arizona investment property homes for sale and wrap the mortgage with a new higher rate. Here at RCP we watch the trends and try to identify opportunities for our investors. Why? Because we invest too. Call us at RCP Real Estate LLC. If you want to sell your Arizona investment property house, but don’t want to use a realtor. Call us and we will write you an offer.
Looking for other Mesa real estate for sale?
Finding Mesa real estate with RCP is a snap!
RCP can help with all your Mesa real estate needs. We help home buyers buy and home sellers sell. If you are looking for Mesa luxury homes or Mesa custom homes, then the “Search Homes for Sale button” (big blue button) is where you want to start. If you are looking for Mesa horse property or land for sale in Mesa, AZ, you are in the right place:click here. For the best Mesa real estate agents call us at RCP and we will get to work for you today. For other Mesa real estate such as commercial real estate in Mesa, navigate to our home page, and click the big gold button. To view any of the properties here just call us to set up an appointment.
Mesa real estate is more than land, sticks, and stones. Mesa is the home to many amenities including:
Prospector Park, Lost Dutchman State Park and Borders Superstition Mountain Wilderness Area- Comprised of 159,757 acres. Trails and connected to millions of acres of nation forest service land.
Superstition Mountain Lost Dutchman Museum
Located on 12 acres near the park, this non-profit museum helps to preserve and protect the history and legends of Arizona’s Superstition Mountains.
Goldfield Ghost Town
Scenic railroad and mine tour located down the street from the park. This 1890s period town features a saloon, rock shop, an ice cream parlor, Native American art and crafts, the Goldfield Museum, live “gunfights” on weekends, and more.
Arizona Steamboat Cruises
Cruise the secluded inner waterways of nearby Canyon Lake on an old-fashioned steamboat.
The last remaining stage coach stop along the Apache Trail, two miles past Canyon Lake, 18 miles north-east of Mesa. Population: 6.
(Src azparks . com)
Call RCP to talk to a Mesa real estate agent!