subject: Candalwood Estates Scottsdale Homes Under $1 Million [print this page] Scottsdale, Ariz., is one of the most growth oriented cities in the state. In this area, you will find high end real estate at not so high end prices. Many people each year are looking to take advantage of changes in the market within the Scottsdale area because of the high concentration of luxury homes at affordable prices. One area in particular that people turn is that of the Candalwood Estates. When you think luxury, you probably envision something that costs upward of $5 million or more. (Think Estancia.) But buying into a home for under $1 million usually doesn't come to mind. But if you have the right buyer tools in place, a good agent on your side, and a desire to have the very best that life has to offer, then Candalwood Estates is the place for you. Here are some things you need to remember as you sojourn into today's luxury real estate market:
1) The agent is on your side.
Agents know their business comes from repeat customers and/or word of mouth. They know that by taking care of you the buyer, their reputation will grow throughout the community, and so will their client list. So it's important to approach the agent as the friend that he truly is. And as your friend, he brings a great deal of knowledge and experience to the table. For starters, he can help you to find the most motivated sellers and equip you with the information that you need to make a wise offer. Think average length of time it takes a home in the buying region to sell and what the current listing for like properties is. He also has experience in making offers, so he knows what works and what doesn't at this level.
2) Candalwood Estates and other like communities perform better, on average, during rough economic times.
When the housing market is in a tumble as it has been since 2008, people value a more certain investment, and the fact of the matter is, homes in regions, such as the Candalwood Estates, lose less of their value during the downtime and bounce back more quickly when the market recovers. What this means for you is that you could buy in at under $1 million and in 10 years have a home that's worth twice that. Not a bad investment!
3) It's important to meet your buyer responsibility.
The buyer responsibility is something that will make you or break you this day and age. Lenders are more reserved about who they lend to, and only those with solid credit ratings, responsible financial backgrounds, and a dependable revenue stream or income, will be the ones, who get the best deals.
