Thursday, October 2, 2008

Ahwatukee, AZ - Home For Sale ... Now Pending!

Our Ahwatukee, AZ home is now pending! We have had the home for sale (listed on the MLS) for roughly 12 days. The original contract came in roughly 8 days after the home had been listed.

The "Buyers" have scheduled the home inspection for this Friday, 10/3/2008. Originally the "Buyers" were going to use FHA financing but we were able to work together with them to negotiate a deal for them to use "conventional" financing in return for additional financial concessions made on our end.

I believe both parties are happy with the deal that has been agreed to for the sale of this Ahwatukee, AZ home!

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Friday, September 19, 2008

Ahwatukee, AZ Home For Sale!

Our Ahwatukee house (rehab / flip project) is now complete and has been professionally staged ... Home for sale! The list price of our Ahwatukee home is $285,000.



Click Here For The Virtual Tour!. You'll want to see the pool with this home too!

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Friday, August 29, 2008

Phoenix, AZ - Real Estate Investment Home

Today we purchased another residential real estate investment house in the Phoenix, AZ metro area. This home is in the sought after "Ahwatukee" neighborhood.

"Ahwatukee (formally "Ahwatukee Foothills Village") is an L-shaped neighborhood of Phoenix, Arizona bordered on the north by South Mountain Park and Baseline Road, on the east by Interstate 10 and the cities of Chandler, Guadalupe, and Tempe, and on the south and west by the Gila River Indian Community. It is the southernmost of the city's 15 urban villages. As of 2000, the 35.8 square-mile (92.7 km²) village has a population of 85,000." - Ahwatukee Information Source: Wikipedia


14863 S. 46Th St.
Phoenix, AZ 85044

As with the Tempe, AZ house, this home was purchased at the public Trustee's auction as well.

The budget for this house is roughly 15k and we will be looking to resell the home for near 250k.

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Thursday, August 28, 2008

Tempe, AZ - Real Estate Investment Home

We just purchased (8/14/2008) another real estate investment home in Tempe, AZ from the public Trustee auction:

717 W. Manhatton Dr.
Tempe, AZ 85282

Before listing this Tempe, AZ home for sale, the house will require a light rehab (landscaping, interior painting, new bathroom counter tops, and updated fixtures) and is currently in the process of being rehabbed.

The project, if it remains on schedule, should be completed before September 1st, 2008. The budget for this home is roughly 15k, plus Realtor commissions, auction fees, utilities, and holding costs. Upon completion, we will be listing the remodeled home for resale within the next two weeks!

We will be looking to resell this property for roughly 250k. Updates will follow!

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