Looking at buying a condo in phoenix, az. Can't believe how cheap the prices are right now in phoenix az. Looking at a 1bed 1bath in a gated community. Has all the amenities, pool,exercise room, volleyball courts, beautifully landscaped. They are asking $95k, is that a good deal or fair priced? I'm only 23 year's old so still trying to learn about real estate as much as I can. Condos are owned by a big company, I'm assuming that's normal? Hoa fee is about 150 dollars a month.
There is a mix of renters and owners in this cocondominium.good or bad? Payments would be about 500$ a month with a mortgage. Condo sounds like a great iidea. Don't have to worry about maintaining the property or security while I'm trucking...Maybe rent it out.
All advice is appreciated, thanks.
Yes, I Am aware phoenix is hot as hell.I don't mind that
buying a condo in phoenix az
Discussion in 'Experienced Truckers' Advice' started by rpad139, Apr 19, 2015.
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Sounds great. Property prices are depressed in most places and probably permanately.
Same type of deals in Las Vegas also. My sister-in-law just snapped up a good deal in Las Vegas similar to what you describe.
A condo is good for a trucker. It's worth the association fee.rpad139 Thanks this. -
What's the wheelbase of the condo? What engine does it have?
DevJohnson, Dino soar, ipogsd and 5 others Thank this. -
Just read more on condos in phoenix, az. Apparently it all depends on who is managing the condo, and whether or not they have cash reserves, if the other owners are paying the fees or Not, increase in Hoa fees can happen anytime, looks messy. Definitely not as easy as it looks.
Chinatown Thanks this. -
rpad139 Thanks this.
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If there are more renters vs owner is this a good thing?
Are there any websites that have information about reputable HOA in phoenix, az?Chinatown Thanks this. -
it may be against the rules for you to buy to rent out. you may be required to live in it yourself. I am not against buying a condo , but I could never consider it,to me it's like buying an apartment. ever thought about buying some land with a home? somewhere in the south. it is not hard to find good places to live.
rpad139 Thanks this. -
Even if you don't have children and don't want any in the future; looking at best rated schools is a good way to search for a house/condo in the best areas. Property taxes may be a little higher, but it's worth it for the parents with school age children. HOA fees in those areas should be stable.Last edited: Apr 19, 2015
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Look for family oriented neighborhoods near good schools and you won't have to deal with all the drama.rpad139 Thanks this. -
this young man is coming from CA everything everywhere looks cheap
rpad139 Thanks this.
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