Monterrey Ridge Condominiums Phoenix Scottsdale For Sale from $200K:
#monterreyridge #whypayrent #phoenixcondos #phoenix #phoenixliving
Renters: Why are you paying rent? The affordability of living and owning in North Phoenix, just seconds from Scottsdale has become more affordable. If you are a renter who only needs a small place, looking to build equity, Monterrey Ridge is the place to be. Why live the next complex over, pay rent, plus tax and other hidden monthly expenses and never get that money back?
Here’s an Example based on my finding:
A 1 Bedroom home, 1 bath, extra half bath, 1 car garage, 976 Square feet could be available to buy for $199,900. Conventional Loan 4.5%, 5% Down Payment, including real estate taxes, HOA Dues and insurance. You would pay roughly $1,405 a month. In addition, you have tax incentives and you build equity. Pay $1,405 a month
A lending program with money down, including real estate taxes, HOA dues and insurance only $1,455 a month! Certain no money down programs vary.
*** Pay $245 in HOA monthly dues and they include heated outdoor pool, heated spa, recreation paths, gate, and common area maintenance. ***
Rental Next Complex Over:
A 1 Bedroom apartment home, only 1 bath, no garage (carport only), roughly 980 Square feet available for rent at $1,524 a month. Sales tax added (Phoenix 2.3%), and possible added monthly unwanted costs (valet trash $30) that you can not opt out of. You pay your own insurance. You have no tax incentives and no equity to build. Pay $1,589 a month, including sales tax, valet trash, plus hidden fees, no insurance included)
In 5 Years in owning, you have built $15,060 in equity!
In 5 Years in renting, you have built no equity for your future.
Do you get the drift? Never let landlords hold you hostage with the rent you’re never able to negotiate with, those hidden fees, and them controlling you with your invested and hard earned money. Build equity for your future and own a piece of the American dream. Call me and we’ll get you pre-approved with a qualified lender, and we’ll begin your one bedroom condo home search today!
(Figures based as of March 8, 2017)
Search Results: 7 Properties