Buying a New Build In Arizona

by admin on August 6, 2010

Arizona Real EstateBuying a Phoenix New Build Home from a developer is an exciting process for many Canadian home buyers. However, you need to protect yourself with your own representation. The first thing to remember when buying a new build is that the sales person works for the builder and not you. No matter how friendly they are, they only have one product to sell and may not have your best interest in mind.

If you go to a sales office and they ask you to fill out a registration card. Do not do it. You are not required to fill out a registration card to see the model homes. If you register without your Realtor, your Realtor will not be allowed to represent you in the transaction process.AZ Homes In any Arizona Real Estate transaction it is good to have your own representation. New home builders typically don’t belong to the National Association of Realtors and don’t work under the same ethics and guidelines. Contracts written for a new build are often written to protect the builder where as the Arizona Association of Realtors contracts are written to protect the buyer.

There are some advantages to buying a new build in Arizona. Many developers are hurting in this market so you can get some great deals and some builders have excellent warranties available. In addition to this, it is simply nice to live in a brand new home.

We specialize in Phoenix and Scottsdale Real Estate for Canadians and would be happy to answer your questions. Email me at Carmen@ThePhoenixExperts.com or call me at (800) 300-0263.

I was a real estate lawyer in Alberta before moving to Arizona to become a Realtor. I understand all of the differences between Canadian and Arizona real estate transactions. I explain those differences to my clients and can take you through the process of buying Arizona real estate step by step. Why use a less experienced Realtor?

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

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Phoenix AZ HomesUpdated Phoenix Foreclosure statistics have been released by the Arizona Regional Multiple Listing Service (ARMLS) for April 2010. As you can see below the number of foreclosures being sold in the Phoenix, AZ area are decreasing. This is the trend across the entire city, not just in one area. It looks like the number of available Bank Owned Homes will continue to get smaller and smaller.

Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
www.ThePhoenixExperts.com
1-800-300-0263

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Phoenix Arizona Foreclosures Are Going Away

May 12, 2010

The Arizona Regional Multiple Listing Services (ARMLS) has just released their April 2010 statistics on Phoenix Foreclosures. As you can see from the chart below, the number of foreclosures have decreased from about 39% of total home sales to about 36% of total homes sales just in the past two months. It looks like the [...]

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Canadians Are Rushing To Purchase Homes In Arizona

April 28, 2010

Now is the opportunity of a lifetime for Canadians to purchase homes in Arizona. Phoenix Real Estate is about 50% less than what it was just a few years ago, while as we all know, earlier this month the Loonie reached par with the U.S. dollar. That is the first time since July 2008. Ever since, my [...]

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Yeah! The Loonie Is Close to Par With The American Dollar Again

April 1, 2010

Recent reports from several trustworthy financial sources such as MarketWatch, Inc and Dow Jones Newswires are stating that the Loonie will most likely reach par with the U.S. dollar by this Summer. The Loonie has increased by about 23% against the US dollar just in the past 12 months so it is looking like for [...]

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Arizona’s Maricopa County Median Home Sales Price

March 22, 2010

The latest Real Estate statistics on the Maricopa County median home sales price has been released by The Arizona Regional MLS. These statistics will give you a general idea of the entire Phoenix and Scottsdale markets. According to ARMLS the home prices hit bottom in March 2009 when the median home price decreased from $265,000 [...]

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Foreclosures Dropping in Phoenix

January 20, 2010

Everyday I encounter astonishment from Canadian clients when I tell them that the number of foreclosures in Phoenix are dropping. They often don’t believe me because it is exactly opposite of all of the rumors they hear in Canada. Well the rumor mill isn’t the best source of information. Every month we have had statistically [...]

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Happy Holidays from Sunny Arizona!

December 19, 2009

Best wishes to everyone for a warm and happy holiday. We are very excited about 2010 and hope you are too. We would also like to take this opportunity to thank all of our wonderful clients over the past year for their business. We hope we have made each and every one of you feel [...]

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Today’s Mortgage Rates

November 16, 2009

I am often asked if mortgages are available for Canadians in Arizona. Yes! There are 3 companies that we can refer you to for a mortgage. Here are today’s rates from IMortgage:
These are rates for Canadians purchasing in Arizona with 30% down for vacation homes only (no rental properties). No Social Security number is needed. [...]

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Canadian Dollar Dropping…Anyone Have a Crystal Ball?

October 28, 2009

As you are probably aware, the Canadian dollar has dropped a few cents in the past week. This has caused concern among Canadian buyers. The Canadians I have spoken with this week fall into 2 categories:(1) We need to find a home to buy IMMEDIATELY before the dollar drops further, or(2) We have decided to [...]

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The Perfect Way to Buy an Arizona Condo from Canada

October 18, 2009

Congratulations to the Allan’s of Calgary, Alberta for an incredible deal! This family did everything right when searching and buying a condo long distance from Canada. First they contacted me and told me exactly what they wanted and what they wanted to spend: under $200,000 for a pool view 2 bedroom condo. Well deals like [...]

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The Snow Must be Flying…

October 16, 2009

How can I tell it’s snowing and cold in Canada? Not because I watch
the weather forecast, it’s because my phone has been ringing off the hook. Canadians calling wanting to buy a home in beautiful sunny Arizona.
I can’t blame them, why wouldn’t you want to trade shoveling your driveway for laying by the pool or [...]

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