2013 Best of Scottsdale Award – Luxury Valley Homes Winfield Estates

[caption id="attachment_5348" align="alignright" width="271"] Scottsdale Real Estate Award[/caption]

Press Release - SCOTTSDALE September 5, 2013 – Luxury Valley Homes - Winfield Estates associates of West USA Realty has been selected for the 2013 Best of Scottsdale Award in the Real Estate category by the Scottsdale Award Program.

Each year, the Scottsdale Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Scottsdale area a great place to live, work and play.

Various sources of information were gathered and analyzed to choose the winners in each category. The 2013 Scottsdale Award Program focuses on quality, not quantity. Winners are determined based on the information gathered both internally by the Scottsdale Award Program and data provided by third parties.

About Scottsdale Award Program

The Scottsdale Award Program is an annual awards program honoring the achievements and accomplishments of local businesses throughout the Scottsdale area. Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value.

The Scottsdale Award Program was established to recognize the best of local businesses in our community. Our organization works exclusively with local business owners, trade groups, professional associations and other business advertising and marketing groups. Our mission is to recognize the small business community's contributions to the U.S. economy.

SOURCE: Scottsdale Award Program

About Jeff Daley

Jeff Daley, a REALTOR® and owner of Luxury Valley Homes representing buyers and sellers in the Valley of the Sun and associated with West USA Realty Scottsdale is a member of the international Institute for Luxury Home Marketing and has taken specialized training in the selling and marketing of upper-tier homes. He holds an MBA from George Washington University and a PhD, rose through the ranks to senior management within Lucent Technologies before taking early retirement in 1999 and starting his second career in real estate.  Jeff has won numerous awards in real estate, is a Certified Luxury Homes Marketing Specialist, a member of the Millionaire Guild, is published in national publications, and is an instructor for real estate.  Daley is a decorated combat veteran serving two tours in Vietnam. He and his wife and managing partner, Jane E Daley, have their business in Scottsdale, Arizona where they specialize in real estate in Scottsdale AZ.  

Link to the Article: 2013 Best of Scottsdale Award - Luxury Valley Homes Winfield Estates at http://www.scottsdalerealestatearizona.com/?p=9502

2013 Best of Scottsdale Award – Luxury Valley Homes Winfield Estates

Terravita Real Estate in Scottsdale Arizona

Terravita real estate in Scottsdale Arizona is professionally staffed with a health and fitness center, it offers state-of-the-art exercise equipment, including stationary bicycles, stair climbers, treadmills, fitness stations and free weights. Other features include private men’s and women’s locker rooms and a spacious aerobics room. After a workout, the center offers a soothing massage, steam shower or dry sauna.

The entire community is integrated by a six mile system of walking / jogging trails, linking all neighborhoods and social areas, including the clubhouse.

Terravita Real Estate listings are here

Every homeowner in the community is a member of the Scottsdale Terravita Community Association. Membership includes enjoyment of and maintenance responsibilities for the common areas and covers landscaping and maintenance of these areas and the community’s streets. The Community Association fee also includes the services provided by the community’s entry gates as well as Terravita’s roving security personnel.

All Terravita homeowners automatically become social members of Club Terravita. Membership includes full use of all clubhouse facilities (with the exception of the golf locker rooms) and access to all outdoor recreational facilities. In addtion, Social Club membership includes 4 tee times of golf per year on Scottsdale Terravita 18-hole championship golf course.

Terravita real estate consists 1,380 homes ranging in a resort community ranging in size from 1,500 to 3,800 square feet. Home prices range from the low $300,000 to over $1 million. All homeowners are members of Terravita Country Club, which includes a first class fitness center, community pool, spa and tennis courts, and nature trails that reflects Arizona’s Sonoran Desert landscape. It was carefully constructed and planned as a gated master-planned community consisting of approximately 823 acres.

Just North of Terravita is the town of Carefree, Cave Creek, and the Tonto National Forrest. Nearby is Lake Bartlett and Lake Pleasant .

It’s a special place. Not just for the picturesque location or the long list of amenities — but for the sense of community fostered by those who live and play here. Both elegant and comfortable, Terravita welcomes those who embrace a balance.

For much more about the Terravita community read more at Terravita real estate.

Terravita Real Estate in Scottsdale Arizona

Questions to Ask Before Investing a Condominium

Questions to Ask Before Investing a Condominium

Condominium living is gaining in popularity these days and this is especially true with Mesa real estate. The idea of living in a desirable location with desirable attributes, such as affordable housing and low maintenance along with the enhanced security features is appealing to those buyers that opt to invest in a condominium.

However, investing in a Mesa condominium is not an easy matter. There are a lot of tasks that need to be considered before decisions are made. If you are thinking of investing in a condominium here's a checklist of questions to ask before investing  a condominium.

Plans

Are you planning on living in a condominium, rent it out, or re-sell it? How many units are you going to invest and how many rooms? These things are worth looking into in choosing the condo that is right for you or your family. It is also important to decide on whether you are going to live in high rise or low rise building. Beyond the amazing city view, determine if there is a family member that has fear of heights so you'll be guided appropriately.

Affordability

How much will you be willing to invest in a condominium? What other fees will be incorporated in the ownership of a condominium? Most developers have association fees to maintain and other recurring costs. Make sure you understand you tax obligation on your unit and how it is computed. Most importantly is to understand the current financials of the Home Owner Association (HOA) as moving into a condo that is about to demand assessments for maintenance, etc., is a surprise you don’t need.

Desirable Location

How accessible is the condo to schools, offices and other conveniences? Nowadays, people are opting to invest in a condominium for proximity to these conveniences, so it is important to choose a condo that is close to the places you frequently want to frequent. There are also mixed-use condominiums that are partially residential and commercial providing many of the wants and needs you may need in the same building.

Rules and Restrictions

Every condominium is governed by its rules and restrictions set for its residents. These may be very strict or relaxed. These are necessary to ensure that condominiums are properly operated and maintained. How are repairs and renovations processed? Or is alteration of the unit space and appearance allowed? Are pets allowed? How many occupants are allowed in your unit? Know all the covenants and restrictions of your HOA because this is what you’re signing up for and what you’re going to live with for the duration of your ownership of your unit.

Neighborhood

Condominiums can be a complete community within one complex offering a wide range of social and recreational activities. Before choosing the right condo for you, consider the target market of the condominium. Many condominiums are especially suited for a certain lifestyle, such as young professionals and families with young children and some are age restricted. Some of the condominiums have commercial establishments on the ground floor and it may not be suitable to your lifestyle.

Available Amenities

What are the amenities offered by the condominium? Will they be of use to you? Most condominiums offer a variety of amenities so pick one with amenities that are of use to you such as parking space, concierge service or a gym that may compliment your lifestyle. For those with kids, one with a swimming pool and playground is a good pick.

You also need to consider the track record of the real estate developer. Further, there are many real estate agents and other professionals available that will be able to assist you along the way. A skilled and trustworthy real estate agent that understands condominiums and HOA’s can help you save time, energy, and money. Once you have answered the questions you need to consider in investing in a condominium and your REALTOR® has answered your questions you can pursue your purchase with peace of mind and enjoy your new abode.

If your choice in Mesa real estate includes a condominium or a luxury valley home, give us a call or email us. Mesa real estate is our full time business and our Luxury Valley Homes team is here to help you with your real estate requirements.

Questions to Ask Before Investing a Condominium

For more information, please visit our website.

Scottsdale Real Estate 85254 and 85266

Scottsdale Real Estate 85254 and 85266 - Which One Will You Choose?

Choosing which place to live and settle is no easy task. There are a lot of things to be considered and need to be taken into account. Most of the time, it is the beauty of the neighborhood as well as the conveniences around the area that homebuyers based their decision in choosing which place to live. 

Scottsdale real estate 85254 and 85266 are both a great place to live. These zip codes, 85254 and 85266 are a perfect choice if you want to to experience living in a  relaxed and luxurious place while getting a property for a reasonable price. There are nearby schools, shopping centers and other amazing amenities nearby. 

If you are relocating to a new place, a real estate agent is a huge help in making sure that the things  you need to learn about the area is properly addressed. Interested in relocating to Scottsdale and still undecided on which zip code will you choose? We have prepared a visual comparison between the two zip codes that will guide you in your decision. Scottsdale real estate 85254 and 85266 - which one will you choose?

Homes for sale in Scottsdale real estate 85254

Homes for sale in Scottsdale real estate 85266

Homes for sale in Scottsdale, Arizona

Scottsdale Real Estate 85254

[caption id="attachment_8983" align="alignright" width="300"] Scottsdale Real Estate 85254[/caption]

85254 zip code is located close to the center of Arizona. 85254 zip code is part of Maricopa County. 85254 zip code has 13.63 square miles of land area and 0.04 square miles of water area. As of 2010, the total 85254 zip code population is 45,801, which has shrunk 8.22% since 2000. The population growth rate is much lower than the state average rate of 24.59% and is much lower than the national average rate of 9.71%. 85254 zip code median household income is $73,758 in 2000. 85254 zip code median house value is $213,100 in 2000.

On average, the public school district that covers 85254 zip code is much better than the state average in quality.

Scottsdale Real Estate 85266

[caption id="attachment_8984" align="alignright" width="300"] Scottsdale Real Estate 85266[/caption]

85266 zip code is located close to the center of Arizona. 85266 zip code is part of Maricopa County. 85266 zip code has 17.13 square miles of land area and 0.00 square miles of water area. As of 2010, the total 85266 zip code population is 11,406.

On average, the public school district that covers 85266 zip code is much better than the state average in quality.

 

Scottsdale Real Estate 85254 and 85266 Community Characteristics

[caption id="attachment_8988" align="alignleft" width="570"] Scottsdale Real Estate 85254 and 85266 Community Characteristics[/caption]

Scottsdale Real Estate 85254 and 85266 School Summary

[caption id="attachment_8989" align="alignleft" width="570"] Scottsdale Real Estate 85254 and 85266 School Summary[/caption]

Education: Highest Attained

[caption id="attachment_8990" align="alignleft" width="570"] Education: Highest Attained[/caption]

Find out the highest level of education achieved by the people within this local market.

These levels can help you determine if you want to live in a certain area.

Market Stability Summary: Scottsdale Real Estate 85254 and 85266

[caption id="attachment_8991" align="alignleft" width="570"] Market Stability Summary: Scottsdale Real Estate 85254 and 85266[/caption]

Scottsdale Real Estate 85254 and 85266 Price Trends - Sold vs. Listed

[caption id="attachment_8999" align="alignleft" width="570"] Scottsdale Real Estate 85254 and 85266 Price Trends - Sold vs. Listed[/caption]

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

Scottsdale Real Estate Market Inventory Trends

[caption id="attachment_9003" align="alignleft" width="570"] Scottsdale Real Estate Market Inventory Trends[/caption]

Review the inventory and health of the market by looking at the number of sold and listed properties.

To understand if the market inventory is growing or shrinking, compare the number of sold properties tonew listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.

Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.

• Sold: Properties sold that month


• New: Listings that are new on the market


• Distressed: Listings that are short sales, bank owned, or up for auction.


• Standard: Non-distressed listings

Property Ownership for Scottsdale Real Estate 85254 and 85266

[caption id="attachment_9004" align="alignleft" width="570"] Property Ownership for Scottsdale Real Estate 85254 and 85266[/caption]

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

Income by Household

[caption id="attachment_9008" align="alignleft" width="570"] Income by Household[/caption]

Review the distribution of household income levels in a community.

Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom.

Whether you are searching for a single family home or a condo for sale in Scottsdale real estate 85254 and 85266, we can help you find the best home for you. Should you need for information on a property, home description, facilities and other amenities, email or call us at 480-595-6412. The Luxury Valley Homes Team is here to help you realize your dreams of owning a perfect home for you and for your family.

 

Scottsdale Real Estate 85254 and 85266

Update Your Kitchen on a Budget

[caption id="attachment_8975" align="alignright" width="300"] A Kitchen on a Budget[/caption]

It is possible to update your kitchen on a budget. Remodeling a kitchen can turn out to be one of the most expensive projects in a home, as the price of new cabinets, new appliances, new plumbing, new counters, and installation can all add up to a hefty price tag. Of course often a kitchen is what sells a home, and considering the kitchen is one of the most lived in rooms in a home this makes sense.

If you are considering selling your home and do not have a lot of money to pour into it to prepare it for sale, consider some low-cost improvements that will update your kitchen without breaking the bank.

The kitchen sink is a great place to start. Faucets are in and come in a wide variety of modern forms these days. A simple faucet replacement can make the area around your sink look new.

Cabinet knobs and drawer pulls offer another inexpensive kitchen upgrade. Every kitchen has them and changing the knobs and drawer pulls out can give a fresh look to your cabinets.

Examine the interior of your cabinets. Can you replace your current shelves with glide out shelving? Can the space inside your cabinets and cupboards be reconfigured without total replacement?

A lot of people feel that granite is the only way to go with counter tops. There are other options that are less expensive and equally attractive. Consider engineered surfaces if you counters must be replaced.

The more the bones of your kitchen remain the same the less expensive remodeling it will be. Updating kitchens and bathrooms is the most effective way to achieve a return on your investment.

The statistics for the 2011 – 2012 remodel cost vs. value model delineates cost-to-construction benchmarks for a set of common remodeling projects, then estimates how much of that investment will be recovered at resale in today’s market.

Update Your Kitchen on a Budget

Scottsdale Real Estate House Hunting Tip for Today’s Market

[caption id="attachment_8671" align="alignright" width="300" caption="Scottsdale Real Estate"][/caption]

The real estate market is ever-changing. Compared with not so long ago, that's a good thing for many real estate markets. If you are ready to buy a home in today's market, you need to take note of recent changes that may affect your home-buying power. 

Buying a home in our local market today is not just about finding a home in the best condition in a great location for an affordable price. Smart home purchasers today require a deeper knowledge of the economy, the local market and new regulations. We can help you pinpoint all you need to know to make an educated move when buying a home. Also having the ability to search for homes online is a great advantage in this market. Realtor.com, Trulia, and Zillow are a few real estate search engines that available. The best and most advantageous for today’s home buyer is some of the real estate portals that REALTORS® offer. They usually link directly to their local Multiple Listing Service giving you real time data, offer privacy for your security, and excellent updated information that provides the ability to make an informed buying decision. A good example of one of those websites it the Scottsdale real estate website. 

Home prices, interest rates and fees are all top-of-mind when you're figuring back-of-the-envelope costs. But, do you know what new guidelines are in place that can affect how much mortgage you can qualify for, what the local inventory of available homes is currently, or if you can find funds to remodel a home down the road? When you're ready to buy a home -- or if you're thinking of selling and want to understand what buyers are thinking in today's market -- keep reading to get a true picture of how to make a smart move today.

HOME PRICES

We all could benefit from a crystal ball that tells us what home prices will be in six months, a year or several years from now. No one has that information, but we can tell you that according to the National Association of REALTORS® (NAR), home prices are up, on average 10% or more in the majority of major home markets nationwide comparing prices from first quarter 2013 over the same period one year ago. No one is promising these types of gains in every market, but don't be surprised if the home you could buy just six months from now has a price tag you can no longer afford.

[caption id="attachment_8674" align="alignleft" width="300" caption="Interest Rates"][/caption]

INTEREST RATES 

Although interest rates have been running at or near historic lows for many months, experts predict interest rates will rise -- not drop -- which again will affect how much home you can afford. Granted, rates won't shoot up immediately, but even incremental changes will increase your costs…and reduce your buying power. Combine rising interest rates with increases in home prices, and your dream-home picture may have to be modified the longer you wait. 

LOAN COSTS 

Federal Housing Administration (FHA) loans will cost more this year. As of press time, the upfront fee (FHA funding fee) was 1.75% of the loan amount. In addition, the mortgage insurance premiums (MIP) will need to be paid for the life of the loan (instead of stopping MIP after paying down 22% of the loan) and will be based on the unpaid amount of the mortgage. The MIP rate has risen to 2.05% of the financed loan amount (up from the previous 1.05%). Compare traditional financing with FHA financing to find the best choice for your budget.

INVENTORY 

According to the NAR, the number of homes for sale nationwide in the past half year has been at -- or, even at times, below -- the lowest supply of homes available back to the boom times of 2005. If you find a home you love, move quickly to make it yours as it is likely to sell fast given there are fewer gems to choose from. If you are in the higher-end luxury-home market, however, you're likely to see a fairly good selection of homes and less competition from other buyers as the universe of buyers in this market is smaller.

[caption id="attachment_8675" align="alignright" width="300" caption="Bank Owned"][/caption]

DISTRESSED SALES 

If you're looking for a steal that needs just a bit of sweat equity to fix it up, you might be disappointed. The number of foreclosures, short sales and other distressed properties has been decreasing, and when they do appear, they are often bought up quickly and quietly by all-cash investors. Also, many former bargains are coming back on the market after a rehab, but are certainly no longer considered distressed sales since they're now in move-in condition -- and priced accordingly. If you're looking for bargain or investment property, we can help you locate suitable properties, but the inventory may be tight and you’ll need to execute on the opportunity immediately as you’ll be competing with the professional investors that do this for a living. 

NEW CONSTRUCTION

With the improving economy, home builders are back in business offering brand-new homes. Due to pent-up demand and competition from other buyers, new-home prices are rising faster than prices of resale homes; over the past six months, new-home prices were up compared with the previous year, according to NAR. Don't go it alone with the builder; get a real estate professional -- like us -- to represent your interests in the purchase. Representation on a new home is as important or more so, because the new home builders contract and representatives are there for the builder, not the buyer.

LOANS YOU CAN AFFORD 

At the height of the real estate bubble, risky loans had features such as interest-only payments, balloon payments and loan fees that were greater than 3% of the mortgage amount. Those options are now hard to find. Today, lenders offer "qualified loans" -- which increases your ability to have a mortgage that fits your finances and will not surprise you. The Consumer Financial Protection Bureau's (CFPB) new "Ability to Pay Rule" resulting from the Truth In Lending Act goes into effect in 2014, but most lenders have already been moving away from no- and low-documentation loans.

[caption id="attachment_8676" align="alignleft" width="259" caption="Income Dept Ratios"][/caption]

DEBT RATIOS 

Lenders who provide "qualified loans" under CFPB's "Ability to Pay Rule" also are working to ensure that your total debt does not exceed 43% of your total income. Therefore, if you earn $75,000 per year, your total combined debt (mortgage, insurance, car loans, student loans, etc.) could not exceed a yearly total of $32,250. When divided by 12, this means your total monthly debt payments cannot exceed $2,687.50. This proposed safeguard shows that your debt level is manageable, and you can afford to repay all your obligations.

HOME-EQUITY RETURNS

When the value of your home is greater than your mortgage, the difference is "home equity." Lenders today will allow you to tap into this equity -- an option that during the downturn had become unavailable to millions of homeowners, often because their home equity had disappeared -- once again allowing homeowners to remodel and refurbish their homes with a low-interest loan backed by the equity of their home. 

PROFESSIONALISM 

Despite the challenges noted above, today's buyers are still looking at many real estate markets around the nation that are more affordable than they have been for quite a few years -- even decades, in some cases. That makes now a great time to buy a home and perhaps a better time than you're likely to see for many years to come.

To take advantage of today's market, and overcome any hurdles along the way, you'll need someone like us on your side to work with you. Contact us when you -- or someone you know -- are ready to buy a home!

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Scottsdale Real Estate House Hunting Tip for Today’s Market

Resale Homes Offer Desirable Qualities Not In A New Home

[caption id="attachment_8661" align="alignright" width="300" caption="Scottsdale Real Estate"][/caption]

As you look for a home to purchase in your new location, you may be faced with choosing between new homes and resale homes. The advantages of new homes are obvious--the latest conveniences, state-of-the art construction, fresh paint and carpeting throughout. Resale homes, on the other hand, offer many desirable qualities that can't be constructed.

“Aging enhances wine, beef and homes.” 

Charm may be a resale home's most attractive feature. It develops over the years as a home is refined and improved by its owners. Mature landscaping and trees add warmth and beauty throughout older areas. Established schools and neighborhood relationships create a strong sense of community. In addition, many older homes on the market today have been completely updated, offering the best of the old and the new.

Hidden Advantages of Previously Owned Homes

Although many people prefer to buy new homes, the vast majority of buyers prefer resales. According to the National Association of Realtors, 75% of homes sold are resales. 

[caption id="attachment_8662" align="alignleft" width="300" caption="Scottsdale Real Estate Winfield Community"][/caption]

When home buyers ask us about the merits of buying an "old" versus a newly built home, we show them how resales offer some of the best values in the market today. The news gets better when they see the wonderfully diverse resale selection of appealing styles and sizes in many locations and price ranges. Plus, when the owner goes to sell an "old" home, they have what most buyers are looking for.

Here are some of the advantages that make "old" homes so popular: 

Size Appeal

Older homes often have more space inside and out than new homes. Inside, resale homes may have more square footage and higher ceilings; outside, resale lot sizes are typically larger.

Close-in Convenience 

Many resale homes are in older neighborhoods, which are closer to downtown business districts and shopping. New communities are often a distance away from cities and commute times may be much longer.

[caption id="attachment_8663" align="alignright" width="190" caption="Cost Savings"][/caption]

Cost savings

Resale homes generally are less expensive than similar new homes. One reason could be that resale sellers have more bargaining room than builders who must make a return on the high costs they recently paid for land and building materials. In fact, a NAR study found resale sellers accepted a median drop of $4,000 from their asking price while builders' median drop was only $500. 

More green space 

For tree lovers, resales are a big draw. Older homes typically have mature trees and plantings, unlike what's found in new neighborhoods. 

What you see is what you get

There is no guesswork with older, established neighborhoods. Buyers can research and tour the schools, sample the shopping, and check out the neighbors. In a new-home subdivision, buyers might not want to live with the noise and dirt of construction, may wonder about future development, or deal with possible long bus rides to existing schools and little or no nearby shopping.

Lots of Extras

Many resale buyers cash in on "extras" the owner has already put in, which can save big money. Typical money-saving extras: fenced yards, decks, pools, play sets, window treatments and appliances.

We would be happy to assist you with your house-hunting needs. A resale home can be an excellent value for a buyer in today's market. Call or eMail us for more information.

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Resale Homes Offer Desirable Qualities Not In A New Home

Mortgage Debt Forgiveness Act

Mortgage Debt Forgiveness Act - Extended Through 2013

Mortgage Debt Forgiveness Act - Extended Through 2013

Good news for those who are contemplating or completing a short sale, the Mortgage Debt Forgiveness Act has been extended through 2013.

If you had mortgage debt forgiven this past year, whether it was through a short sale or perhaps mortgage modification then you may be able to claim special tax relief and exclude the debt forgiven from your income.

That is because the Mortgage Debt Forgiveness Debt Relief Act of 2007 allows for owners of primary residences to avoid paying taxes on this forgiveness under certain circumstances. Here are 10 facts directly from the IRS in regard Mortgage Debt Forgiveness.

This act was set to expire at the end of 2012. However, as mentioned, the forgiveness act has been extended through December 31, 2013.

1) Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude up to $2 million of debt forgiven on your principal residence.

2) The limit is $1 million for a married person filing a separate return.

3) You may exclude debt reduced through mortgage restructuring, as well as mortgage debt forgiven in a foreclosure.

4) To qualify, the debt must have been used to buy, build or substantially improve your principal residence and be secured by that residence.

5) Refinanced debt proceeds used for the purpose of substantially improving your principal residence also qualify for the exclusion.

6) Proceeds of refinanced debt used for other purposes -- for example, to pay off credit card debt -- do not qualify for the exclusion.

7) If you qualify, claim the special exclusion by filling out Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness, and attach it to your federal income tax return for the tax year in which the qualified debt was forgiven.

8 ) Debt forgiven on second homes, rental property, business property, credit cards or car loans does not qualify for the tax relief provision. In some cases, however, other tax relief provisions -- such as insolvency -- may be applicable. IRS Form 982 provides more details about these provisions.

9) If your debt is reduced or eliminated you normally will receive a year-end statement, Form 1099-C, Cancellation of Debt, from your lender. By law, this form must show the amount of debt forgiven and the fair market value of any property foreclosed.

10) Examine the Form 1099-C carefully. Notify the lender immediately if any of the information shown is incorrect. You should pay particular attention to the amount of debt forgiven in Box 2 as well as the value listed for your home in Box 7.

For more information about the Mortgage Forgiveness Debt Relief Act of 2007, please visit http://www. IRS.gov and as always consult a tax professional with specific questions you may have.

mortgage debt forgiveness act

For more information, please visit our website.

Mortgage Debt Forgiveness Act

Mortgage Debt Forgiveness Act - Extended Through 2013

 

[caption id="attachment_8547" align="alignright" width="250" caption="Mortgage Debt Forgiveness Act - Extended Through 2013"][/caption]

Good news for those who are contemplating or completing a short sale, the Mortgage Debt Forgiveness Act has been extended through 2013.

If you had mortgage debt forgiven this past year, whether it was through a short sale or perhaps mortgage modification then you may be able to claim special tax relief and exclude the debt forgiven from your income.

That is because the Mortgage Debt Forgiveness Debt Relief Act of 2007 allows for owners of primary residences to avoid paying taxes on this forgiveness under certain circumstances. Here are 10 facts directly from the IRS in regard Mortgage Debt Forgiveness.

This act was set to expire at the end of 2012. However, as mentioned, the forgiveness act has been extended through December 31, 2013.

1) Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude up to $2 million of debt forgiven on your principal residence.

2) The limit is $1 million for a married person filing a separate return.

3) You may exclude debt reduced through mortgage restructuring, as well as mortgage debt forgiven in a foreclosure.

4) To qualify, the debt must have been used to buy, build or substantially improve your principal residence and be secured by that residence.

5) Refinanced debt proceeds used for the purpose of substantially improving your principal residence also qualify for the exclusion.

6) Proceeds of refinanced debt used for other purposes -- for example, to pay off credit card debt -- do not qualify for the exclusion.

7) If you qualify, claim the special exclusion by filling out Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness, and attach it to your federal income tax return for the tax year in which the qualified debt was forgiven.

8 ) Debt forgiven on second homes, rental property, business property, credit cards or car loans does not qualify for the tax relief provision. In some cases, however, other tax relief provisions -- such as insolvency -- may be applicable. IRS Form 982 provides more details about these provisions.

9) If your debt is reduced or eliminated you normally will receive a year-end statement, Form 1099-C, Cancellation of Debt, from your lender. By law, this form must show the amount of debt forgiven and the fair market value of any property foreclosed.

10) Examine the Form 1099-C carefully. Notify the lender immediately if any of the information shown is incorrect. You should pay particular attention to the amount of debt forgiven in Box 2 as well as the value listed for your home in Box 7.

For more information about the Mortgage Forgiveness Debt Relief Act of 2007, please visit http://www. IRS.gov and as always consult a tax professional with specific questions you may have.

 

Mortgage Debt Forgiveness Act

Comparison Between Mesa Real Estate 85201 and 85212

Are you relocating to Mesa, Arizona and still undecided where to purchase a real estate property? A house that you can call home with absolutely wonderful neighborhood and excellent school for your kids are only a few of the basic qualifications in choosing a home. Fret no more as we are about to make a graphical comparison between Mesa real estate 85201 and 85212.

Mesa Real Estate 85201           Mesa Real Estate 85212

Mesa Real Estate 85212

Mesa Real Estate 85201



Mesa real estate 85201 is a densely populated, urban zip code in Mesa, Arizona. The population is racially diverse, younger, and about evenly divided between singles and married couples. The average house value here ($96,500) is lower than in the Phoenix-Mesa-Scottsdale metro area as a whole, so this could be a great place to look for housing bargains.

The median age here is 28.9. There are 25,091 men and 24,923 women. The median age for men is 28.4 while for women the median age is 29.5.

Meanwhile, Mesa real estate 85212 is a rural zip code in Mesa, Arizona. The population is primarily white,younger, and mostly married couples. Housing prices here (average $150,200) are fairly typical for the Phoenix-Mesa-Scottsdale metro area.

The median age here is 29. There are 5,133 men and 5,250 women. The median age for men is 29.1 while for women the median age is 28.9.

Both 85201 and 85212 85201  zip codes are located in the Mountain time zone.

Market Stability Summary

Market Stability Summary

School Summary

School Summary

Price Trends - Sold vs. Listed

[caption id="attachment_4727" align="alignleft" width="570"] Price Trends - Sold vs. Listed[/caption]

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

Market Inventory Trends

[caption id="attachment_4728" align="alignleft" width="570"] Market Inventory Trends[/caption]

Review the inventory and health of the market by looking at the number of sold and listed properties.

To understand if the market inventory is growing or shrinking, compare the number of sold properties tonew listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.

Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.

• Sold: Properties sold that month


• New: Listings that are new on the market


• Distressed: Listings that are short sales, bank owned, or up for auction.


• Standard: Non-distressed listings

Property Ownership

Property Owneship

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

Income by Household

Income by Household

Review the distribution of household income levels in a community.

Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom.

Crime Risk - Comparison Between Mesa Real Estate 85201 and 85212

Crime Risk - Comparison Between Mesa Real Estate 85201 and 85212

The Crime Risk Index compares the likelihood of different crimes happening within this community to the national average.

The national average for each type of crime equals a score of 100.

A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.

Education: Highest Level Attained

Education Highest Level Attained

For more information on the comparison between Mesa real estate 85201 and 8521, you may click here. You may also contact us via email or call us at 480-595-6412.

Looking for a real estate property in Mesa Arizona? Start your search here.

Comparison Between Mesa Real Estate 85201 and 85212

For more information, please visit our website.

Scottsdale Real Estate | Beat Your Competition to the Contract

Beat Your Competition To The Contract

To sell your home quickly for top dollar in today's market, the best move you can make is to price the property at its current market value. When it comes to Scottsdale real estate in Arizona you set the right price on your home and you have an edge on your competition.

Here's how setting the right price helps you:

You tap the pent-up demand of buyers who have already seen everything on the market and are waiting for new home listings.

You target the right group of prospects -- the ones who can afford your home and are looking at similar properties.

Your home will compare favorably with other Scottsale real estate potential buyers because yours will look better than overpriced homes in your category.

Perils Of Overpricing

Overpricing your home gives the advantage to your competition -- the other homes on the market. The buyers you want to attract won't see your home because they are only looking at homes listed in their price range.

Prospective buyers who do see your home realize they can get a better deal elsewhere. If it's your home they want, they may choose to wait until you lower the price. And if you do reduce the price, other potential buyers wonder why the home has been on the market so long.

The right price is determined by the size, condition and location of your home, what comparable homes are selling for at the time you list yours, and the balance of supply and demand in your area. Your listing agent is your best advocate in determining fair market value and it takes an experienced, skilled REALTOR® for this analysis. This is especially true when working with luxury homes.

Strategic Pricing

Setting the best price to list your home is part science, part art. There are several aspects of the home's value we consider when making pricing recommendations.

1. Comparison. Where does your home fit in the marketplace? It should be priced to be competitive with comparable homes in the same area.

2. Negotiation. The price should allow some space to make concessions in order to close the deal.

3. Return. The listing price should be set so you net the most money possible from the sale.

4. Target. Ideally, the price is adjusted to the top of a multiple listing category, so the home's features compare favorably with lower-priced homes in the range. (If it is placed at the bottom of the next higher price grouping, the higher-priced homes will look better and sell more quickly.)

Other Factors

Unfortunately, what you paid for your home is not a factor in determining its market value. Neither is what you would like to get out of the home. Some home improvements you've made may add to the market value, however. Having the home in picture-perfect condition from the first day of the listing may also increase the value of your home. But mostly, these will help you sell faster, and that could mean a sale price close to your asking price. The reason for this is most buyers are visual in nature.

Call or email us to find out more about how you can price your home to sell it quickly. We'll be happy to conduct a FREE market analysis to find the best price for listing your home.

Article: Scottsdale Real Estate | Beat Your Competition To The Contract is brought to you by the Luxury Valley Homes team. URL: http://www.scottsdalerealestatearizona.com/?p=8181 

Scottsdale Real Estate | Beat Your Competition To The Contract

Mortgage Fraud

 

[caption id="attachment_8126" align="alignright" width="270" caption="Mortgage Fraud"][/caption]

In its infancy, mortgage fraud was a shallow crime that included little more than lying on a loan application. As the internet widened into a global marketplace, fraudsters gained the ability to create a corporate front with little more than an old copy of Photoshop. From 2009, criminal shenanigans involving bonds climbed to profound levels, creating a niche that generated enough revenue to support a small country. Digital smoke and mirror tactics allowed perpetrators to pose as lenders, estate agents and attorneys. Schemes multiplied and evolved, demonstrating a resilience that could only indicate a pessimistic future for naave homebuyers.

In its simplest form, mortgage fraud is described as a creative financing technique in which borrowers fiddle their figures to win better bond terms. A more inclusive definition defines the crime as any misrepresentation of the truth relating to a property purchase or sale. Artful `earners` have broadened this simple fraudulent practice, turning it into an industry with its own trends and niches. The property market is a complex one that is subject to fluctuations. This tendency towards change turns mortgage fraud into a constantly moving target that morphs itself into whatever shape is most lucrative for the market of the moment.

Origination fraud generated revenues of $12 billion in 2010 and the guilty parties involved sometimes had all the badges and accreditations one would expect from an honest lender. Developers and settlement attorneys joined organized criminals in the quest to exploit the banking and bond industries through kickbacks, falsified income, misrepresented occupancy and false deposits. Professional fraudsters joined the fray with their own tactics, which included Ponzi schemes and reverse mortgage scams. Amateur homebuyers crunched numbers and facts to gain housing, while white-collar property market workers manipulated transactions for financial profit.

Identity theft has allowed perpetrators to steal an asset that is too big to carry. Con artists assume property owners` identities in order to forge deeds that transfer homes into their names and sell them at a profit. More ambitious criminals take on hundreds of homeowners at once by offering financing while amassing the returns of loans without making repayments. Unsolicited advertising is one of the most glaring warning signs for this kind of fraud. Homeowners can go a step further by doing background checks on all mail received from mortgage companies. Regular checks with deeds offices help to identify falsified documents and signatures.

Sometimes, avoiding fraud takes little more than common sense. Offers that appear to be too good to be true usually are and acknowledging this may keep you and your home out of harm`s way. Those who offer bonds that don`t require upfront deposits are generally looking to earn a tidy sum out of your ignorance.

The internet has increased investors` access to information, which allows borrowers to do comprehensive background checks that might reveal suspicious behavior. Dubious signs include brokerage levels that don`t correspond to the MLS system`s postings, evidence of frequent flipping of personal property and poor administrative support. When brokers and their staff aren`t creating airtight documentation that is correctly filled out, filed and ruled by strong policies, the professionals` seeming lack of attention to detail may in fact indicate more menacing activities.

Sometimes, professionals become criminals purely due to naive inaction. Honest specialists can inadvertently participate in mortgage fraud by failing to comply with the laws governing housing transactions. A reverse mortgage counselor protects the client by ensuring that all transactions are understood, qualified and lawful.

It is expected that tricksters operating in the housing market will generate growing revenues that will reach $144 billion within the next decade. The economic crisis has left US households with an average of $22, 720 in consumer debt. Distressed property owners have thus become tempted to use mortgage fraud as an escape from financial worries. Mortgage debt relief offers a way out that comes with a clean slate and an unsoiled conscience.

Article brought to you by: Luxury Valley Homes team.

 



Jeff and Jane Daley

Agent/Partner
Office: 480-595-6412
Website: http://www.scottsdalerealestatearizona.com

 

 

Mortgage Fraud

The Meaning of Mortgage Loan Modification

[caption id="attachment_7400" align="alignright" width="300" caption="The Meaning of Mortgage Loan Modification"][/caption]

 

A loan modification is an agreement between a borrower and a lender to re-negotiate the terms of an existing mortgage in order to make a borrower's payments more affordable. For the borrower, loan modification is a way to prevent or forestall default and possible foreclosure on a home. For a lender, loan modification offers a way to avert the costs of foreclosure and sale of a repossessed property. In many cases it can be less expensive for a bank to modify the terms of an existing mortgage than to force a borrower into insolvency and/or bankruptcy.

In order to get a loan modified, a borrower will generally have to prove financial hardship and convince a lender that he or she cannot make the agreed upon monthly payments stipulated in the original agreement. The borrower will need to present compelling evidence including income and expense records, paystubs, bank statements, proof of unemployment or divorce, accounts of outstanding debts or bills, etc.

A lender may also be persuaded to modify a mortgage if it determines that a short sale of the property will not cover the amount of the original loan.

Before agreeing to a loan modification, a lender will want to make sure that a borrower can meet the new obligations set forth in the modified loan. Once a lender has decided to grant a loan modification, it can be accomplished in several ways:

• Payments can be temporarily skipped (forbearance) and added to the end of the loan term.


• The total amount of the principal can be reduced.


• The interest rate can be reduced.


• A variable interest rate can be changed to a fixed rate, or visa versa.


• The loan's repayment term can be extended.


• Any combination of the above.

Since a modification is different from refinancing, it is important to remember that there are no set rules. Loan modification is a negotiation between a borrower and a lender that, ideally, will result in a win-win situation for both parties – the borrower gets to remain in his or her home and the lender gets continued payments.

Drawbacks to a mortgage loan modification do exist. Since the modification process usually begins after the borrower is behind or in default, there will be a negative impact on his or her credit report. Also, if a loan is modified by extending the repayment term, additional interest payments may actually increase the long-term cost to the borrower.

Currently, the federal government's Home Affordable Modification Program requires mortgages owned by Fannie Mae and Freddie Mac, who hold nearly half of the nation's outstanding mortgages, to work with eligible borrowers to modify their loans.

Also, according to the terms of a recent settlement, five major banks (Wells Fargo, JPMorgan Chase, Citigroup, Bank of America, and Ally Financial) who, together, handle payments on most of the other half of the nation’s outstanding home loans, are also required to provide relief in the form of loan modification or refinancing to eligible borrowers, especially those whose homes are underwater or who are at imminent risk for default.

Jeffrey Sterner writes about personal finance, Veteran issues and gives real estate debt advice for Debt.org.

 

The Meaning of Mortgage Loan Modification

A Celebration of Love in Scottsdale

A Romantic Valentine's Day Dinner

The sweetest day of the year also happens to be the busiest. Brace yourself for a very hectic Thursday: traffic will be horrid, looking for parking space will be worse, dining spots will be packed, and you may find yourself running the risk of having nowhere to go on Valentine’s Day. 

So here are some ideas – on luxurious side of what to do and where to go on this highly celebrated day of love we have some options. It is after all, best to have a game plan for a celebration of love in Scottsdale.

If you are looking for a good dining experience, one might want to check out the dinner spreads offered at Zuzu where they have a few ala cart special along with a regular dinner menu. Specials include Tempura Shrimp + Lobster, Braised Halibut, a Dessert Duo with Chocolate-covered strawberries and mini red velvet cupcakes and drinks. Dinner is served at 5:30 – 10:00 pm. Call 480-421-7997 for reservations.

SASSI restaurant in North Scottsdale will also feature a specialty menu in this year’s Valentine’s Day. The evening will begin with a rose for all of ladies, followed by a four course pre-fixe meal for two. Special holiday wines by the bottles and glass will also be available in addition to a selection of cocktails including the signature, Amore Smooch. Click here for the complete holiday menu selection.

Lovely Roses for the Ladies

Discover the artful Mediterranean cuisine at T. Cooks at Royal Palms Resort and Spa one of the top rated restaurants in the metropolitan Phoenix area. The restaurant will serve a three-course pre-fixed menu offering a wide array of special dishes; guest will surely have a chance to indulge with their sweetie. Admission is $95 per person. Call 602-808-0766 for reservation. Click here for  a complete Valentine Dinner menu.

Roaring Fork celebrates the Valentine’s Day holiday in rustic style with an assortment of special menu items by Executive Chef, Michael Bouwens. The Valentine’s Day celebration will begin at 4:00 pm and all selections will be served a la carte in addition to the regular menu. Holiday menu includes:

• Sole stuffed with crabmeat served with a red pepper beurre blanc


• Rotisserie Roasted Prime Rib


• Lobster Bisque


• Holiday flavored crème brulee


• Tuxedo (white and milk chocolate) strawberries

For reservations, call 480-947-0795. 

Lastly, one can’t simply let the day go by without mouthwatering desserts. Sprinkles Cupcakes celebrates the love month with their Sprinkles XOX box. Topped with XOX and heart sugar decorations, each dozen contains the perfect mix of flavors for your special someone: Valentine's Day favorites Red Velvet and Chocolate Marshmallow as well as classics Dark Chocolate and Vanilla. To order, visit their website at http://www.sprinkles.com

Of course, there is a lot more happening in the valley come February 14. The important thing is make sure to get a head start – Making reservations is a must so as not to allow traffic, bad preparations and the like to ruin this special day.



From the Luxury Valley Homes team, we wish you a very Happy Valentine's Day. May this day be filled with love and understanding as you journey through life with those you hold dear.



This article: A Celebration of Love in Scottsdale is brought to you by the Luxury Valley Homes team. For real estate inquiries, email or call us at 480-595-6412. You may also visit our website at the Luxury Valley Homes.

A Celebration of Love in Scottsdale

For more information, please visit our website.

Invest Your Rent

Why Pay Your Landlord's Mortgage?

Invest Your Rent

Invest your rent. It makes financial sense because the only one who benefits from a rent check is the landlord. Renters never see that money again, while homeowners usually profit when they sell. In addition, renters can't use any of their rent payment as a tax deduction, like homeowners can. If you or someone you know is renting, it's time to put that rent check to better use! We can help make that happen for you, just call or email us at Luxury Valley Homes. We have some special programs for  veteran loans, so if your a veteran, talk to a veteran that has already been through the process and has helped dozens of others find a house they could call home.

The mortgage-interest deduction is probably the best financial argument for buying rather than renting. Consider this example:

If you can afford a mortgage payment of $1,000 (principal and interest only), you can buy a house for $151,426 if you put 10% down on a 30-year mortgage at 8% interest. If your payments started in January, you would pay $10,862 in interest for the first year in the home. That entire amount is deductible on your federal income tax return! Assuming you are in the 27.5% tax bracket, you would save $2,989 in taxes, or $249 per month. So your $1,000 payment is really only $751 when you factor in the homeowner's tax advantage.

Can A Renter Really Afford To Buy?

The real question is whether renters can afford not to buy. The tax savings alone make the purchase of a home a wise financial decision. But let's go a step further.

Using the same example, a 10% down payment would create an immediate equity of $15,142. Assuming the $151,426 house grows in value by just 3% a year, in five years it would be worth $175,544. The original loan amount would then be down to $129,565, yielding an equity of $45,980. In addition, remember the nearly $3,000 tax savings every year. The total value of your equity and tax savings would be almost $61,000 after five years.

Pick A Loan

To take advantage of the financial benefits of homeownership, renters must first find out how much buying power they have. We can help. Call us for information about the whole range of mortgage options now available, including low- and no-down-payment loans, and programs that allow buyers wrap home-improvement costs and closing costs into the mortgage.

Plan Ahead

Invest your rent means investing in yourself. Keep in mind that some lenders allow buyers to use up to 41% of monthly income to purchase a house, beware of becoming "house rich and cash poor." Be sure to budget for home ownership costs beyond the mortgage, including expenses for:

• moving


• decorating and furnishing


• homeowners insurance


• property taxes


• homeowners association fees (if any)


• utilities-power, water, sewer, cable, trash pick-up


• yard tools, supplies and general upkeep


• home repairs, supplies, cleaning and upgrades.

Today, home ownership is a wonderful dream-come-true for more people than ever before. Let us help turn those dreams into a home to be proud of.

Article: Invest your rent, is brought to you be the Luxury Valley Homes team.

Invest Your Rent

For more information, please visit our website.

Invest Your Rent

Why Pay Your Landlord's Mortgage?

[caption id="attachment_7359" align="alignright" width="255" caption="Invest Your Rent"][/caption]

Invest your rent. It makes financial sense because the only one who benefits from a rent check is the landlord. Renters never see that money again, while homeowners usually profit when they sell. In addition, renters can't use any of their rent payment as a tax deduction, like homeowners can. If you or someone you know is renting, it's time to put that rent check to better use! We can help make that happen for you, just call or email us at Luxury Valley Homes. We have some special programs for  veteran loans, so if your a veteran, talk to a veteran that has already been through the process and has helped dozens of others find a house they could call home.

The mortgage-interest deduction is probably the best financial argument for buying rather than renting. Consider this example:

If you can afford a mortgage payment of $1,000 (principal and interest only), you can buy a house for $151,426 if you put 10% down on a 30-year mortgage at 8% interest. If your payments started in January, you would pay $10,862 in interest for the first year in the home. That entire amount is deductible on your federal income tax return! Assuming you are in the 27.5% tax bracket, you would save $2,989 in taxes, or $249 per month. So your $1,000 payment is really only $751 when you factor in the homeowner's tax advantage.

Can A Renter Really Afford To Buy?

The real question is whether renters can afford not to buy. The tax savings alone make the purchase of a home a wise financial decision. But let's go a step further.

Using the same example, a 10% down payment would create an immediate equity of $15,142. Assuming the $151,426 house grows in value by just 3% a year, in five years it would be worth $175,544. The original loan amount would then be down to $129,565, yielding an equity of $45,980. In addition, remember the nearly $3,000 tax savings every year. The total value of your equity and tax savings would be almost $61,000 after five years.

Pick A Loan

To take advantage of the financial benefits of homeownership, renters must first find out how much buying power they have. We can help. Call us for information about the whole range of mortgage options now available, including low- and no-down-payment loans, and programs that allow buyers wrap home-improvement costs and closing costs into the mortgage.

Plan Ahead

Invest your rent means investing in yourself. Keep in mind that some lenders allow buyers to use up to 41% of monthly income to purchase a house, beware of becoming "house rich and cash poor." Be sure to budget for home ownership costs beyond the mortgage, including expenses for:

• moving


• decorating and furnishing


• homeowners insurance


• property taxes


• homeowners association fees (if any)


• utilities-power, water, sewer, cable, trash pick-up


• yard tools, supplies and general upkeep


• home repairs, supplies, cleaning and upgrades.

Today, home ownership is a wonderful dream-come-true for more people than ever before. Let us help turn those dreams into a home to be proud of.

Article: Invest your rent, is brought to you be the Luxury Valley Homes team.

Invest Your Rent

Scottsdale Homes for Sale in Troon AZ

 

[caption id="attachment_7201" align="alignright" width="300" caption="Troon North Scottsdale AZ"][/caption]

The Scottsdale homes for sale in Troon AZ are located in north Scottsdale, offering a stunning view of the valley and boulder outcroppings. Known for its world class golf, Troon North is one of the most desired communities is Scottsdale, AZ.

Troon North is more than just about luxury homes and world class golf. The community is situated adjacent to a 185-acre mountain preserve. The higher elevation brings not only a cooler summer temperature and cleaner air but also a panorama scenic views and magnificent city lights of the Valley of the Sun.

Looking for property in this area? You can view all the current Scottsdale homes for sale in Troon AZ right here now.

[caption id="attachment_7202" align="alignleft" width="300" caption="Troon North Estates"][/caption]

Even though homes for sale in Troon North Scottsdale, AZ are located in the middle of Sonoran Desert, residents can delight in the peaceful seclusion of private living but still within the close proximity to everyday conveniences of grocery stores, shopping, restaurant, schools and medical facilities. Thirteen distinct neighborhoods are located in the 1,800 acre development ranging from townhomes to single family homes, eco-friendly estates and condos. Most homes have outdoor dining areas for entertaining neighbors and friends.

The Troon North Golf Club is regarded as one of Scottsdale's finest desert golf experience with two internationally acclaimed 18-hole courses. Resident Membership is available at no charge to all Troon North property owners which includes the following benefits: reduced green fees, the use of the driving range and a special phone line with priority tee time.

[caption id="attachment_7203" align="alignright" width="299" caption="Fantastic Home Patio"][/caption]

In addition, Club membership benefits include golf privileges, range balls and reduced fees for member guests. Available also to the Troon North residents is the Troon North community park. It is a popular destination offering tennis, basketball, a play area for the little people and a turf play area.

Troon North is a place where you can truly enjoy all the good life and the great outdoor living it has to offer. For inquiries on homes for sale in Troon North, Scottsdale, AZ, email or call us at 480-595-6412.

Article: Scottsdale homes for sale in Troon AZ, is brought to you by the Luxury Valley Homes team. 

 

Scottsdale Homes for Sale in Troon AZ