Looking for your dream home? 51 bank owned properties currently listed for sale in Scottsdale/ Paradise Valley area

Looking for your dream home? Maybe you are looking for that high end estate

, vacation home or just a great long term investments?

In the good old days you would pay at least $1.5 million for about 1 acre lot and between $500 to $1,000/SF for quality high end finishes. Today you can have it all for a fraction of the cost.

There are currently 51 homes in the ARMLS (Arizona Regional Multiple Lisiting Service) system listed at $1M or over.The greater Scottsdale/ Paradise Valley market offers once in a lifetime opportunities for the savvy luxury home buyer.Some of the most quality homes in our area are priced well below replacement cost (from $148/SF to over $500/SF). A few bank owned luxurious mansions has over 12,000 SF with as many as 9 bedrooms and 14 baths.

Many of the homes are located in exclusive gated communities, golf course communities, hillside homes with stunning views and upscale amenities. Some are even located the most known upscale communities such as DC Ranch, Desert Mountain, Troon, Whisper Rock, Silverleaf, Estancia, Camelback Country Club, Arcadia, Desert Highlands, Troon North, McDowell Mountain Ranch, Scottsdale Ranch and Grayhawk.

Even though, attractive mortgage financing is available for qualified buyer, if you can, consider making all cash offer and a quick closing. This kind offer may save you a lot more money. I believe this is a prime time to buy into the luxury home market. Some people where waiting for years to take advantage of the opportunities we see in our market today.

Looking for your dream home? 51 bank owned properties currently listed for sale in Scottsdale/ Paradise Valley area

By: Dan Gonen

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