The Highlands At Troon North Homes for Sale List

The Highlands At Troon North Homes for Sale Currently Active

The Highlands At Troon North Homes for Sale can be found by searching the properties below or by calling an RCP Arizona Real Estate agent. To view any of the real estate properties found, just give us a call.
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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.

How Appraisals Work

Let’s explore how appraisals work!

Everybody hates the appraiser. The seller thinks the house is worth more. The buyer thinks its worth less. Appraisers work with what they have, constrained by the restrictions placed upon them by lenders and national standards. For example, the lender will say the appraiser is only to look at comparable properties within one mile and out of those, only houses that have sold within the past six months. They are many more criterion or conditions the lender can place on the selection of the comparable. It is after all their money at risk. They need to feel comfortable in making the loan based on a reasonable valuation of the property.

When you’re buying a house and get to the point in your loan process where you need to get an appraiser, the lender usually hires the appraiser, but the appraiser is not beholden to the lender or anyone else. They sometimes work for the lender, however, they are independently licensed and ultimately hold fast to a national standard for appraisers. The appraiser by design is an unbiased third party and as such can come closest to getting a handle on the market price. They don’t always get that price right, which is why an appraisal is considered an opinion of value. Remember it is only appraiser’s opinion– not fact.

At RCP, we have a leadership team with a background in appraisals and we can hopefully help avoid any appraisal hang ups. We know how appraisers think, and can speak “appraiser” too.

Looking for other Scottsdale real estate for sale?

Finding Scottsdale real estate with RCP is a snap!

RCP can help with all your Scottsdale real estate needs. We help home buyers buy and home sellers sell. If you are looking for Scottsdale luxury homes or Scottsdale custom homes, then the “Search Homes for Sale button” (big blue button) is where you want to start. If you are looking for Scottsdale horse property or land for sale in Scottsdale, AZ, you are in the right place:click here. For the best Scottsdale real estate agents call us at RCP and we will get to work for you today. For other Scottsdale real estate such as commercial real estate in Scottsdale, 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.

Scottsdale real estate is more than land, sticks, and stones. Scottsdale 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.

Tortilla Flat
The last remaining stage coach stop along the Apache Trail, two miles past Canyon Lake, 18 miles north-east of Scottsdale. Population: 6.

(Src azparks . com)

Call RCP to talk to a Scottsdale real estate agent!