Thursday, January 21, 2010

The two most common types of Canadian buyers

I've found that Canadian buyers of Arizona winter homes tend to fall into one of two camps.

Single Family Homes on the Outskirts



The first camp, and by far the largest camp, are those folks that just want a place in the sun. They don't want to spend a lot of money. They prefer newer homes to reduce potential maintenence costs. They don't care if the home is located on the edge of metropolitan Phoenix because they are coming for the sun... and maybe to play a lot of golf.

The ideal home for those in this first camp would be a home in one of the newer towns like Queen Creek or Maricopa.

Condos in Scottsdale



The second camp want a place in the sun but they would also like to get out and be active when they are on vacation in Arizona. Oftentimes, they would also like to rent out the home for part of the winter to make some money when they're not using it.

The ideal home for those in this second camp would be a condo in Scottsdale. Scottsdale is the center of winter events in Phoenix. For example, the Barrett-Jackson Classical Car Auction, the Arabian Horse Show, the Phoenix Open Golf Tournament, and a zillion other activities are located in Scottsdale in the winter.

And because Scottsdale is the center of winter activities, it can be easier to rent out Scottsdale condos to winter vacationers.

I brought this all up because recently a few 2-bedroom condos in the Scottsdale area sold for just over $100,000. Some amazing prices right now! And the ones I've seen were located in resort like communities. A few even had a garage which is quite unusual indeed for condos in Arizona.

There are complications because the condos I saw at those prices were usually foreclosures or short sales. Foreclosures and short sales and not like normal sales. Here are Scottsdale foreclosure condos and Scottsdale short sale condos currently listed for sale. Call me for more information about these or other Arizona homes for sale.

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