Su Casa Homes for Sale List
Su Casa Homes for Sale Currently Active
Su Casa 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:
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.
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.
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.
Scottsdale Arizona HUD Homes
Opportunities with Scottsdale Arizona HUD Homes
Not all real estate companies are created equal. Not all real estate companies are allowed to bid on Scottsdale Arizona HUD homes. Here at RCP, we are fully registered and approved for HUD bidding. If you are searching for a home in Scottsdale, then Scottsdale Arizona HUD homes should be a consideration. There are many types of homes available and we can help with them all. Scottsdale Arizona HUD homes are just one type of sales avenue. There are Scottsdale foreclosures, Scottsdale short sales, Scottsdale corporate owned and bank owned homes, as well as the traditional sale. Scottsdale HUD homes are in varied condition and loans are in place to fix up or repair FHA HUD properties. The first step in any real estate transaction is to get your financing in order. Once you are pre-approved or pre-qualified, it is easy to view and buy Scottsdale real estate of any type. HUD homes are a bit of a hybrid auction and standard listing. Here’s what we mean: With an auction, you generally have some time to view the property and then you bid. The high bidder wins the property. With a traditional sale it is listed until it is sold and sometimes the price is reduced. With the HUD it is listed for a specific time frame, for example, let’s say fifteen days. After the fifteen days have passed, they gather the bids and either accept the high bid or keep it listed and wait for more. There are a few tricks and techniques in dealing with HUD homes, so let RCP assist you in your Scottsdale Arizona HUD homes search.