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| User Info | who has the most exposure to ARIZONA Real Estate? ; entered at 2010-06-22 21:03:30 | |||
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Do_the_math Posts: 1715 Registered: 2007-08-09 Canyon Lake 
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Jetzzz, careful on assessing market values based on rent prices. The reason being is that the foreclosure crisis has caused a rental shortage and it will take time for rents to deflate. A better alternative would be to rent with a lease purchase and lock in the sales price. Ask local agents if they know of any sellers that would be willing to do a lease purchase or rent reductions for paying advance rent (note: verify the owner is current on the loan before doing this). You'd be much better off locking in a good rental and then watching the market and inventory after you move there permanently. As to who has the most exposure in regard to Arizona RE, the answer is simple- anyone who owns it. We are in Canyon Lake, CA and had to deal with a tight rental market, and found a smoking water lake front rental for a song. In fact, have friends coming over to wakeboard shortly. Note: I have to be the worst real estate broker in history to constantly tell people not to buy. Last modified: 2010-06-22 21:05:07 by do_the_math
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