Tuesday, November 23, 2010

Investment Rental or Second Home in Greater Phx area - Incredible Price!

It's hard to believe some of the great values we see in properties available for sale in the Metro Phx area incl the very popular west valley. This would include surrounding AZ cities like Glendale, Surprise, Avondale, Goodyear, Buckeye and other areas in the west valley. When it comes to a great value, it's hard to beat this house for a investment rental or second home for people who live out of state and want a nice, quiet part time residence. You have to check out this 4 year old two story 2400 sq ft 5bdrm, 3.5 bath beautiful house in a quiet desert neighborhood with nearby amenities incl kids playgrounds and desert mountain vistas all for just $85,000! That's just a little over $35 sq ft! Not only that, there is a large nearby retail shopping center that's easy to get to and is within minutes of this property and includes many of the big name stores and restaurants you may be familiar with.
And for those of you who would want to live in this home full time, you could come in with just $3000 FHA down payment plus closing costs and get a payment of less than $600 per month incl everything! So what's wrong with this place? Nothing other than it is a short sale. A short sale just means that the bank has to approve the selling price and that it may take a while to do so. But is it worth the wait...absolutely. And a buyer has nothing to lose other than time. Any necessary deposit is returned if the transaction doesn't get approved or the buyer elects to take the home off the market, etc. So do yourself a favor and contact us right away before this home is snatched up. Oh and did you know this house sold for well over $200,000 just 4 years ago. So there comes a time when a good deal is available for those who don't wait and this may be just that time. We certainly think so.

For more information on this property listing as well as other fabulous homes under $100K, please contact Tim or Erik Praskins with Liberty One Realty at timpraskins@gmail.com.