|Is it a good time to buy in Arizona?
For Canadians, it could not be better. With the Phoenix market being so over saturated with short sales and foreclosures, our prices are decreasing to the lowest
prices in the past 10 years. With the Loonie reaching new highs, and the great buys here, you will be very pleased with how much property you can get for your
dollar. The market has seen signs of recovery since the 2nd quarter of 2009, so we do anticipate the bottom has come, and we should start to see more increases in
pricing over time.
What is the best way to decide where to buy?
The first thing to consider is what you'd like to spend your time doing while in the Valley of the Sun. For example, golfing, tennis, hiking, sporting events, pool
time, etc. If you're an avid golfer, then North Scottsdale, Mesa, Chandler are always a popular golf destinations. If you're here for the arts district, or our
premier restaurants and night life, then you'd like to be close to downtown Scottsdale, or "Old Scottsdale." Whatever it is that you choose, then we can help you
to determine the best area for you to buy.
Do I need a visa or "Green Card" to buy in Arizona?
A visa or green card or not necessary to buy or sell property in Arizona
Can I buy fully furnished properties?
Most properties are sold without furnishings. We work with a designer that will fully furnish your home, so you can get off the plane, and start to enjoy your new
property. All the work will be done for you. Full furnishing packages start at $8000 and up.
What should I bring when I come to look at properties?
You'll need to bring a few things down with you, in preparation for making an offer to purchase. First off, you'll need to determine how you will be paying for the
If you're financing a portion of the purchase, then you'll need to apply for a pre-approval with a lender. Once the approval is complete, then you'll need to bring
a document from the lender called an Loan Status report (LSR). This process can take 1-2 weeks for foreign nationals.
If you're paying cash, then you'll need to bring a bank statement, or a home equity statement showing a balance of greater than the purchase amount. This is called
proof of funds.