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Arizona Real Estate

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Arizona is a popular destination get-a-way, especially for senior citizens making the purchase of Arizona real estate an investment opportunity waiting to be pursued. With the history, the numerous attractions and the great climate, investing in real estate in Arizona is an opportunity not to be passed up. Rather you invest in commercial buildings, an apartment complex or trailer park or single family dwellings there is sure to be something to help diversify your portfolio and meet your needs.


Finding a good real estate agent


The first step will be to find an Arizona real estate agent. Look for a local real estate agent where you are now if you do not live in the area you wish to invest in and ask them if they know anyone in that area. If that fails, contact the better business bureau or the local convention and visitors bureau. They may be able to guide you. Once you have located a real estate agent take the time to meet them in person. Don’t be afraid to ask for references and if you are considering purchasing a foreclosure ask what kind of experience they have in dealing with these types of purchases. If you do not like the answers you receive or are in any way uncomfortable, keep looking. Finding the right real estate agent to help you purchase Arizona real estate is essential especially if you do not live in the town you are buying real estate in. You will need the agent you choose to be honest and trustworthy.


Learn these real estate investment strategies


Before you begin investing in Arizona real estate learn the various investment strategies that are commonly used. There are three investment strategies that are based on facts and generally have great results. The bargain purchase method is the first option. Investors who use the bargain purchase method when choosing a property pay twenty percent less than market value for the property. This allows them to make up to a twenty percent profit using this real estate investing strategy and is a great strategy to use when purchasing foreclosures. The second strategy is known as the increase value strategy. Using this strategy the building would be purchased at current market value. There must be some improvements that could be done within a six month time period that would increase the value of the building by twenty percent for this strategy to be successful. Finally, many real estate investors use the double digit cap rate. The double digit cap rate strategy is used for buildings that have a capitalization rate of ten percent or more. A capitalization rate is the net operating income from the property which is then divided by the purchase price. These are harder to find unless the market is depressed or you are looking into small market niches. Purchasing Arizona real estate is really not any different than purchasing real estate in your own hometown once you find the right real estate agent to work with.




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Atlanta Real Estate News

Half of metro Atlanta mortgages underwater - Atlanta Journal Constitution


Los Angeles Times

Half of metro Atlanta mortgages underwater
Atlanta Journal Constitution
By Christopher Quinn More than half of homeowners with a mortgage in metro Atlanta owe more than the house is worth, a new report says. Hyosub Shin, hshin@ajc.com Zillow, the online real estate data and search firm, analyzed 35 million mortgages, ...
Half of Metro Atlanta Mortgagees UnderwaterLoanSafe
One third of mortgages are underwater and homeowners owe $1.2T more than ...Daily Mail

all 82 news articles »

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Luxury condos finally see significant sales uptick - Bizjournals.com


Luxury condos finally see significant sales uptick
Bizjournals.com
First quarter sales for the Atlanta housing market have confirmed what real estate agents having been praying over for the last four years: housing sales are up. Better yet, they have continued to stay strong. Brokerages are experiencing sales volumes ...

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US property values show modest gains - Sacramento Bee


US property values show modest gains
Sacramento Bee
FNC reported month-to-month price gains in markets that included Houston (3 percent), Nashville (2.1 percent), Atlanta (2 percent) and New York (1.7 percent), while Sacramento rose 0.6 percent. FNC said Sacramento property values are still down 56.9 ...

and more »

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One-Third Of Homes In The Atlantic High-Rise Leased In First Two Months - MarketWatch (press release)


One-Third Of Homes In The Atlantic High-Rise Leased In First Two Months
MarketWatch (press release)
Midtown Residences, LLC, a single-purpose entity who is part of a group of companies permitted to use the Crescent Heights(r) trade name, acquired the property and is offering Atlanta's most exclusive high-rise homes for immediate lease.

and more »

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Robert Ashley Nephew - Oak Ridger


Robert Ashley Nephew
Oak Ridger
Robert practiced law in Nashville at Bradley Arant Boult Cummings LLP and in Atlanta, where he worked for the law firm Ferguson and Saunders. He set up his own Atlanta-based practice in 1995 focusing on real estate development.

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