Estancia Scottsdale Homes For Sale Under $5 Million

In all of Scottsdale, the Estancia community stands out as one of the most luxurious

there is - a place where one can find the home of their dreams in a neighborhood of absolute privacy, safety and exclusivity. Privacy and safety are two things very important to everyone. Everyone wants to feel like their belongings and their freedoms are secure. Not everyone values exclusivity as much, but for those who do, and those who can afford it, Estancia offers more than just about any other community in Arizona. Some of the homes here cost as much as $5 million. But in the current real estate market, it is possible to land one of these homes for less than this figure.

The market has not quite recovered since the beating it took about four years ago. Foreclosures are not as commonplace as they were at that time, but it is still a fear that many individuals live with. That's why there has been a rise in short sale homes. Until demand catches up to the supply, you stand a much better chance of getting a quality home at a bargain price wherever you look. And it just so happens that in Estancia, under $5 million is as bargain as it gets. That's not to say that you'll get lucky and land a foreclosure or a short sale in the area. Those are a bit harder to come by here, because most of the time only qualified buyers with secure financial backgrounds are allowed a purchase. But these fears do affect pricing everywhere.

To make sure that you get the deal you are looking for in this luxurious community, it pays to have an agent, who has dealt with Estancia real estate before. You want someone, who knows all there is to know about the real estate climate. Someone, who can place you in a home on your terms and not the market's. It's not enough to simply know real estate. It's important that you choose someone, who is an old pro at dealing with high end real estate, because Estancia is about as "high end" as it gets. Your agent can point you in the direction of what lenders are looking for in a buyer. He can also make sure that the offer you make is low enough to save you money without being so low that it doesn't get taken seriously.

When you are ready to own a luxury home for under $5 million, you need to mobilize with a good agent, credit score, and debt-to-income management. The more that you take care of on this end, the more likely you will be to find the home that you deserve.

by: Gen Wright

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